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Su Zhu
CEO/CIO @ 3⃣🏹💰 Three Arrows Capital Writing: w/ w/
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Su Zhu 1h
Replying to @Rewkang
lol
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Su Zhu 2h
oil has utility but no intrinsic value bc supply is infinite fair value of useful assets can be negative as circular as it sounds, value does not come from using but from valuing
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Su Zhu 3h
Dunno, how would you scale it?
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Su Zhu 4h
Are you more or less productive listening to something (music, podcasts, etc) while working?
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Su Zhu 13h
USDT mcap will break $10B this yr
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Su Zhu 24h
Replying to @GasTrading
Not sure their clients are used to seeing their balances get vaporized in a day the way that mex clients are
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Su Zhu 24h
i think binance's foray into the degen world of derivs trading was always going to be a challenging cultural fit binance has done well & prided itself on offering strong investment propositions (good native token, IEOs) how will it deal w clients getting liqed/completely rekt
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Su Zhu Mar 29
In case makertards are wondering why nobody wants to draw DAI to buy ETH at 0% SF, it's because the otc market will pay you interest on ETH to draw USDC against it. Cheers
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Su Zhu Mar 29
Replying to @FarNiente2000
Sentosa
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Su Zhu Mar 29
sg may 2013 three arrows nostalgia pic
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Su Zhu Mar 29
I've been skeptical of coastal elite forms of philanthropy such as getting your name on a building to usher your kid into school, and other Clinton foundation type stuff The rich-haters have a valid pt if they ask where are the fundraisers when it's not bougie and tax deductible
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Su Zhu Mar 29
Replying to @ganeumann
Once you go down the path of using morality to confiscate, very quickly you will find yourself in disarray. Is someone born tall lucky? Should we confiscate their NBA salary? How about born into rich family? Is an employee w a good idea just lucky she thought of it?
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Su Zhu Mar 29
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Su Zhu Mar 29
The ingenuity of humanity is getting shorted a bit too heavily at this point. Am quite certain that given the entire attention of the global biomedical community, solutions will emerge.
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Su Zhu Mar 28
Good one
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Su Zhu Mar 28
Replying to @adanthar
What happens though if there are strict lockdowns at that time so that nobody can even go to the voting stations?
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Su Zhu Mar 28
This is the sad thing, that ppl think taking out a 80-90% ltv on a single property is somehow a safe investment
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Su Zhu Mar 28
Constitutional and legal scholars, can Trump just cancel or postpone the November elections if the virus doesn't improve by then in the US?
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Su Zhu Mar 28
Remember when ppl thought real estate is a safe investment? Many REITs down 80% now due to margin calls, redemptions, and illiquidity of their mortgage bond collateral Sometimes the most dangerous thing is believing you are assuredly safe
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Su Zhu Mar 28
Replying to @zhusu
A video from Feb 14th, he says “we need vol and right now nothing is moving. Had a little blip for the coronavirus and then back to normal.”
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