Are there just a bunch of Western influencers being paid to walk around Dubai say how amazing it is and post the same corny lines on X? It’s like they are reading the same lines

Reform grass roots activists on the ground in the community…

X is going mental with Trump is making Persia great again. Stupid question but the Iranian leader was 90. He may died of natural causes soon anyway. I get they hit others as well but why is no one in media highlighting the dude was very old and could have died of that soon anyway?

Commodities has been a major area of investment for hedge funds and prop trading firms as has the UAE… open.substack.com/pub/rupakgho...

Trump meeting Altman to replace Anthropic with OpenAI

OpenAI and Anthropic complaining about the Chinese copying the things they copied from humans…

Hasta la vista, baby. Arnie the Terminator is Anthropic. Citrini is John Connor

Congrats Rupak on the launch, and on getting a nod from the @financialtimes.com for your work!

Just launched a premium version of my Substack on hedge funds, trading firms, financial market structure and fintech. Will also be more active on here as I exit “the other place” for good. open.substack.com/pub/rupakgho...

X degens “My meme stock losses are all Citadel Securities fault” Move on now… “My long Bitcoin/short gold losses are all Jane Street’s fault…they are to aggressive and manipulate market”

Enjoyed this thoughtful piece by Rupak on how "entrepreneur blogger" research is disrupting the sell side - a process that kicked off with MiFID II/unbundling and accelerated with the rise of easy online self-publishing

“the “enshittification” of investment analysis”…it’s a vibes world! rupakghose.substack.com/p/is-the-cit...

Jain Global is likely the last pod shop launch. Too expensive without huge scale out of the gate. When GIC leaves, you need to lock down ADIA. open.substack.com/pub/rupakgho...

Wrote in Sunday Tiimes on what the U.K. can learn from Singapore, South Korea and Japan’s stock market boom. East Asian countries have used tax incentives and corporate governance changes to help stimulate their markets. www.thetimes.com/business/com...

Have been mulling this piece for ages as my earlier posts show but you look at Fundsmith buying Wolters Kluwer and Sage, riding Novo Nordisk all the way down (was a top 10 holding at end of Jan) I wonder if these guys really understand moats or "quality". rupakghose.substack.com/p/the-rise-a...

Is that you @katie0martin.ft.com in the House of Lords now?

Why is US right wing re-inventing Bessant’s career like he was a hedge fund legend. His only hedge fund launch was a complete flop and he was Druckenmiller’s sidekick for a few years. Druckenmiller is a legend! Soros. Jim Simons as well.

Is TCI from Mars and Citadel from Venus? Two very different business models, that have little in common. How can both be considered hedge funds? What trading and investing alpha have hedge funds chased in recent years… open.substack.com/pub/rupakgho...

TACO or not feels like Europe’s chance to grow a spine. This sort of stuff would never happen to China. Even a small economy like India does what it wants

Is it just me who preferred Bezos as a nerd. He was an interesting nerd. He is less interesting jock

Is one year of underperforming a blip. Likely. Is three years of underperforming a blip. Perhaps. Is five years of underperforming a blip. No. 🧵

For all the complaining I see about Continental Europe from right wing X influencers in U.K. I thought this chart was interesting illustrating higher real PPP GDP per capita in many Northern European cities than London. Also fascinating how other UK cities lag a lot…

America is rich and the UK is poor… True but this statistic shocked me… The average wealth per American adult is $620k but the median is only $124k! The average wealth per UK adult is $339k and the median is $176k. 🧵

Make London great again this year UK fintechs. www.thetimes.com/business/com...

What investment are they talking about…I thought it was peppercorn on all new developments anyway? And govt changes laws all the time…why should they protect unproductive rent seeking by Cayman Islands based shell companies!

Amazing piece…so funny….”when we told the Poles to go home we didn’t mean it literally”

Wrote up my notes on interview HRT head of AI did. Their mid frequency trading is big but order book/flow data. It’s intraday/ not multi day - different to models at DE Shaw, Two Sigma where mid frequency is longer term factors/fundamentals signals… rupakghose.substack.com/p/the-new-hu...

Research analysts have "great quarter guys". CEOs have "let me unpack that question." Silicon Valley has "each person will be more load-bearing"...or is that a construction site for the Qatar World Cup….

it's been very effective with people not in the industry; when I've pointed out to those saying how great he is that from my point of view as a City person for decades, he's committed a cardinal sin by massively over-inflating his credentials, they simply don't care. so yes, it's worked:

Worth a read - how one of the hottest YouTube channels and book deals in the UK in recent years was based on the credibility of a fake story. So obviously not the best trader in the world at Citi and his colleagues seem to think his stories are also made up 😂 www.linkedin.com/pulse/gary-s...

Why is it always Deutsche Bank, Soc Gen and Barclays. I miss the days when Credit Suisse would lead the risk off share price declines. Waiting for the US open

Are we yet at the point that Jason Calacanis starts writing in large caps “YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW”…Silicon Valley needs a tariff exemption

Over on X, Silicon Valley Ai types are discovering that British private citizens spend a lot on railroads in 1840s “why has no one talked about this before” 🙈 I mean sure…it’s called books

Rupak's guide to hedge funds continues with one of the more interesting and secretive ones... open.substack.com/pub/rupakgho...

Big tech and AI startups all funding each other…Buy my product and I will invest in you…makes the shadow banking sector look simple

Hudson River Trading now has one of the highest revenue per employee ratios in finance🧵

“ I am just a f*cking YouTuber, it’s up to the experts to work out how to implement the wealth tax”…”I don’t do implementation” “maybe we should seize assets like the Chinese” Interesting latest YouTube video from Gary “the best trader in the world at Citi” Stevenson. youtu.be/gHrxoKEnvEs?...

New piece out - When electronic trading platforms get disrupted. MarketAxess won the battle. Tradeweb won the war 🧵

This is the sort of research people pay serious money for

Almost 4,000 words on electronic trading platforms… “Monopolists lie to protect themselves … usually by exaggerating the power of their (non-existent) competition,” and “non-monopolists tell the opposite lie: ‘we’re in a league of our own.” Peter Thiel open.substack.com/pub/rupakgho...

Fantastic essay. Really learned a lot - thank you

I wrote about how traders at banks and hedge funds are running the show in London not IPO and M&A bankers… www.thetimes.co.uk/article/trad...