Best of FinTwit: 2021-02-27

Below are the top tweets from the brightest financial minds on Twitter, as determined by @finchartbot, for February 27, 2021.

  1. Biggest Bitcoin Fund, Grayscale $GBTC, is trading at a discount for only the 3rd time ever, and its largest.

    Such a discount, after a long time with a premium, is a contrarian buy signal. The last two discounts saw a 2x and 4X rally over the next few months.

    History to repeat? [View on Twitter]


    @biancoresearch

  2. The art analogy here is bogus. The intrigue of owning the Mona Lisa, or Honus Wagner T206, or the chalice Jesus drank from, is that u own the actual thing from the past, which was literally “touched by” the people & the era in a way that printed copies & replicas simply were not. https://twitter.com/Jesse_Livermore/status/1365528241533054976 [View on Twitter]


    @Jesse_Livermore


  3. Had totally forgotten that the tulip mania of the 1630s involved massive buying of far-OTM call options on tulips

    https://slate.com/business/2004/07/the-case-for-tulipmania.html [View on Twitter]


    @bennpeifert

  4. It’s the liquidity, stupid! S&P 500 dropped 2.5% this week as global liquidity shrank by $417bn mainly driven by the stronger Dollar. [View on Twitter]


    @Schuldensuehner