Follow me on @prometheuscht too.
🇦🇺🇬🇧🇮🇱🇺🇦🇹🇼🇭🇰
Joined June 2013
- Tweets80.3K
- Following2.7K
- Followers10.4K
- Likes154K
Pinned Tweet
Encouraging you to follow my current handle:
@prometheuscht
The Consilience blog handle: @Consiliency
This handle will cover my new project which will launch in due course.
CHT retweeted
Like clockwork: @Truecaller delivers dogshit results once more, & is now priming investors for a SEK 900m tax fine & higher ongoing transfer pricing tax rates.
We were the first to flag these tax issues, & $TRUE was subsequently raided. More to come...
CHT retweeted
Lefties will performatively parade around with the red bloodied hands symbolic of two Israelis murdered at the hands of a manic jihadist mob, and in the very next breath, protest the execution of an actual convicted terrorist by the US army.
On this day—October 12, 2000
The Ramallah lynching.
Two Israeli reservists took a wrong turn. Yossi Avrahami, a 38-year-old toy salesman, and Vadim Nurzhitz, a 33-year-old truck driver, were heading to their unit near Beit El in a civilian Ford Escort. They took a wrong turn and ended up in Palestinian Authority-controlled Ramallah.
PA police stopped them, but instead of turning them around, the officers took them to the police station in el-Bireh. Rumors spread that Israelis were being held there, and more than 1,000 Palestinians descended on the station and began calling for their execution.
They stormed the station, found the two Israelis and began beating, stabbing, and mutilating them. Aziz Salha later described entering the room: “We were in a craze to see blood … I saw an Israeli soldier sprawled on the floor … a knife lodged in his back … I removed the knife and stabbed him … I put my hand over his mouth … to strangle him.”
He then walked to the window, hands and shirt soaked in blood, and waved at the baying crowd below. An Italian television crew captured it, and broadcast the images to the world. One of the bodies was thrown from that same window, and the mob immediately started stomping on and beating him. The other man was shot and set on fire. Once they were unrecognizable as humans, the crowd dragged their bodies through the streets to Al-Manara Square for an impromptu celebration.
British photographer Mark Seager arrived in time to see a body being hauled by the feet, lower half on fire, head “a pulp, like a red jelly.” He reached for his camera, but the mob stormed him with punches. They smashed his equipment and shouted, “no picture.” He later wrote: “It was the most horrible thing that I have ever seen and I have reported from Congo, Kosovo, many bad places … There was such hatred … It was murder of the most barbaric kind. When I think about it, I see that man’s head, all smashed. I know that I’ll have nightmares for the rest of my life.”
A Palestinian police officer, Raed Sheikh, later admitted he took an iron pipe into the room and struck one of the still-living Israelis across the body and head. “The soldier began making a grunting noise.”
This was not “resistance.” It was a deliberate, ecstatic, public slaughter of two Israeli men who had taken a wrong turn, carried out in broad daylight by a Palestinian mob.
The image of Salha’s bloody hands became a defining photograph. Salha was later arrested, convicted of murder, sentenced to life, released in the 2011 Gilad Shalit deal, and finally killed in an Israeli strike in Gaza in 2024.
Decades later, Hollywood celebrities and other professional virtue-signalers put on red hand pins. They call it a “ceasefire” symbol. To anyone who lived through October 2000 or who otherwise knows anything about the history of the conflict, those pins are not ambiguous. They are a stylized recreation of the exact gesture a murderer used to show a cheering crowd the blood of the Jews he had just helped butcher. The useful idiots who wear them either do not know, or they do know and have decided the image is aesthetic. Either way, it is a disgrace.
CHT retweeted
Leftists who have never posted about October 7th, Bondi, or any of the other plethora of moral outrages that occur far too frequently, post utter nonsense such as this... Moral relativism deranges people's ability to make sense of moral proportion — to judge some wrongs as worse than others.
Nb. The execution may be criticised for other reasons, but it is absolutely, objectively morally distinguishable from ISIS, who certainly never administered 'justice'.
CHT retweeted
We must demand clemency from @Saudi... If it is going to become an advanced nation and join the 21st century it cannot carry out this superstitious barbarism and murder a man for the crime of speech.
Blasphemy is not a crime. Criticism is essential for humanity to learn and progress.
@KingSalman
@Alwaleed_Talal
@AdelAljubeir
@KSAmofaEN
Saudi Arabia: Overturn death sentence against Sri Lankan migrant worker over social media post
amnesty.org/en/latest/news/2…
CHT retweeted
He has—by all reasonable standards—defaulted on his right to human dignity by joining a murderous jihadist death cult... I'm not concerned about the cost to the taxpayer, but if he harms a single, innocent human life, the judges who released him should be held criminally responsible for underwriting this risk to the community.
BREAKING: Absolute mockery of our system.
Mohamed Musse Bakit, a 65 year old Somali born man charged with being a member of ISIS and sharing nearly 10,000 extreme violent files including execution and suicide bombing videos - has just been freed on bail in Victoria.
The justification? The magistrate ruled that his poor health and reliance on taxpayer funded NDIS support helped meet the legal bar for release.
Yeah, read that again.
Charged with serious terrorism offences by the Joint Counter Terrorism Team.
Accused of flooding online groups with horrific terrorist propaganda.
Yet, he receives 24 hour weekly NDIS care paid for by Australian taxpayers, which is then used as an excuse to keep him out of prison.
Our borders, our welfare system, and our courts are failing hard working citizens.
Why is a foreign born accused terrorist receiving premium NDIS support while everyday Australians struggle to access basic services? And why is the court letting someone accused of spreading “great harm” walk back into the community?
The justice system is officially broken.
CHT retweeted
Has anyone failed to notice the commonality here?
Those with ethnoreligious loyalties to the *ummah-first* are utterly incapable of denouncing Islamist extremism, of commemorating the victims of jihadism in good faith, and can barely bring themselves to squeek out a remark without hedging it and walking it back with equivocation and justification.
Sadiq Khan calls out ‘reprehensible’ actions of Israel in October 7 statement
thejc.com/news/uk/sadiq-khan…
CHT retweeted
The role of academic white papers in the practical side of finance is an interesting one. There’s a heavy emphasis placed on academic research by consultants, pensions, and the endowment community. But there’s also some irony in that, because those papers generally don’t contain alpha. And if they do, by the time the research makes its way into the journal and becomes widely circulated, much of that edge has likely already been competed away, or structurally changed by the market. You would be surprised by the amount of large institutions that ask me to point them to a white paper validating the edges we discuss. It’s a red flag for misunderstanding how things work.
For actual practitioners, I think white papers are much more valuable as a starting point for deeper idea generation than as a direct action point.
A good example would be the research from around 2010 on call-side skew predicting future equity returns. In today’s market ecosystem, it would be pretty naive to assume that a relationship like that, in isolation, remains directly tradable. But the underlying framework can still be extremely valuable.
Let’s say we take the general idea and begin layering in heuristic-based factors developed through actual trading experience. Instead of simply asking whether call-side skew predicts future returns, we might ask:
“What happens if we isolate call-side vol by floating-strike delta and tenor, then overlay a volatility-momentum component?”
Now we can test something much more specific and practical: when the 25-delta, one-month call increases by 200% in less than a day, do the subsequent seven day equity returns on that stock exhibit a statistically meaningful bias?
From there, you can keep going. What was spot doing beforehand? Was the move driven by actual end-user demand or a mechanical repricing of the surface? What happened to put skew simultaneously? Was the move isolated to one tenor or transmitted across the term structure?
Suddenly, an old academic observation has become the foundation for a much more nuanced research process.
There are countless directions you can take this if you’ve developed good trading heuristics through experience. But that last part is something you have to build yourself. A paper can give you the hypothesis; it can’t give you the intuition required to understand when, why, and under what market structure that hypothesis actually matters.
The market pays you over time for paying attention to it. There’s really no shortcut around that.