Below are the top tweets from the brightest financial minds on Twitter, as determined by @finchartbot, for February 27, 2021.
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]
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]
Had totally forgotten that the tulip mania of the 1630s involved massive buying of far-OTM call options on tulips
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]