1) What?

The Centralized Ledger
Joined February 2020
The game remains the same 📚
This year is my year to improve. 🤓📚🪱
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Gully | Mr. Pink Capital retweeted
The "let them eat cake" moment
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Gully | Mr. Pink Capital retweeted
The Trouble With Being Right There is a peculiar satisfaction in being right. Especially when someone else has been particularly confident that we're wrong. It's not quite happiness. Not exactly pride. It's something closer to watching a stubborn jar lid finally give way. That little moment of triumph. "I told you so." Three of the most satisfying words in the English language...and three of the least useful. Because by the time we're ready to say them, the truth has usually already established itself. We're just looking for a little applause. I suspect most of us have experienced this. An argument begins over something small. A date. A name. Which actor was in which movie. Whether the restaurant closes at nine or ten. Someone makes a claim. Someone else disagrees. And suddenly two otherwise reasonable adults are prepared to defend their positions with the determination of medieval knights protecting a castle. Phones come out. Evidence is presented. Sources are questioned. A second source is demanded because apparently the first one has become politically compromised. Eventually, the matter is settled. One person was right. The other was wrong. And somehow neither person seems particularly happy about it. Which is strange. We began with a question. We ended with an answer. By any reasonable measure, that should be a successful exchange. But somewhere along the way, something changed. We stopped trying to discover what was true. We started trying to establish who was right. Those are not always the same activity. And the difference matters. Truth is something we can discover together. Victory requires someone else to lose. Once an argument becomes a contest, new information stops being an opportunity to learn and becomes a threat to our position. We listen differently. We stop asking what the other person means and start looking for what they've said incorrectly. We collect their contradictions. We remember their mistakes. We prepare our responses while they're still speaking. Sometimes we even recognize that they've made a reasonable point. But admitting it would interrupt the momentum. So we keep going. There is a strange temptation to treat every disagreement as though it has a scoreboard. And an even stranger temptation to believe that the scoreboard matters. Of course, sometimes it does. There are disagreements where the truth has serious consequences. A doctor needs to know which treatment works. An engineer needs to know whether the bridge will hold. A jury needs to distinguish evidence from accusation. A society needs people willing to challenge falsehoods, even when doing so is uncomfortable or unpopular. Being right matters. Accuracy matters. Evidence matters. And there are times when maintaining a relationship cannot reasonably require pretending that something false is true. But not every disagreement is a bridge that might collapse. Sometimes it's just dinner. And sometimes we bring the full machinery of intellectual combat to a conversation that never needed it. I once heard an observation that has stayed with me: You can be right about something and still be wrong about what the moment requires. Imagine someone telling you a story about an embarrassing afternoon. They're laughing. You're laughing. They're halfway through explaining how everything went wrong. And then they mention that it happened on a Thursday. You know it was Wednesday. You remember because you had an appointment that afternoon. You could correct them. You would be right. But what would you have accomplished? The story wasn't about Thursday. It was about an embarrassing afternoon. The correction adds nothing. Except perhaps a small reminder that you're paying closer attention to their accuracy than to their story. Now imagine something less trivial. Someone tells you that something you said hurt them. You remember the conversation. You know what you meant.
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Gully | Mr. Pink Capital retweeted

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We are so fucked 📉
Maybe we clean out this blown up hedge fund and start fresh on Monday..
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Gully | Mr. Pink Capital retweeted
wanna know the worst thing about today’s price action? the stock market falling should be causing yields to fall because people would be rotating to bonds… but yields are up, meaning people are selling stocks AND bonds which is *literally* the worst case scenario in this macro last time this happened was April 2025 and once SPY fell 30% and the 10-yr peaked at 4.8%, Trump pulled back the tariffs if the market falling can’t help bonds, at that point the only thing left is for Trump to step in
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Gully | Mr. Pink Capital retweeted
The hypocrisy is jaw dropping
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This is fucking insane. This coked out, money embezzling midget never wants the conflict to end because it protects his power and makes him wealthier by the day. My government continues to support this sociopath. 🤦‍♂️
The war will cost 155 billion euros next year. And we need at least 70 billion euros more from you – for defense, for weapons, and for our resilience. This is a realistic amount. And I ask you to find this support. It will help us hold Russia back. There are some very simple facts. We stop most Russian assaults on the front line thanks to drones. We cut Russian supply lines with these technologies. And our drones are helping to weaken Russia’s economy. Right now, we could produce two or three times more drones – depending on the type. But we simply don’t have enough money for that. It’s true. Just imagine if we could put two or three times more pressure on Russia than we do today. From an address to the participants of the European Council meeting. (4/5)
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