Darren Unruh @darren_unruh
Coffee in DFW || SMB Generalist & Roofing Co Pres. || EX: Hedge Fund PM, Cattle Rancher & SaaS || SITG, Antifragile, Leptokurtic & Positive Skew || Autodidact Fort Worth, TX Joined August 2020-
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The only exception is a startup business that you’re owning and operating. Once it becomes sufficiently large and capable of generating cash flow to distribute, it should, and you should invest it in “other stuff” (not just real estate, but liquid assets, too).
The only exception is a startup business that you’re owning and operating. Once it becomes sufficiently large and capable of generating cash flow to distribute, it should, and you should invest it in “other stuff” (not just real estate, but liquid assets, too).
Being a liquidity provider is a great business.
Being a liquidity provider is a great business.
The notion of second and third order effects are lost on most. This is a good reminder of the impact of dealing with those enamored with simple thinking.
The notion of second and third order effects are lost on most. This is a good reminder of the impact of dealing with those enamored with simple thinking.
Great metaphor: Schrödinger’s Equity @texasrunnerDFW
Great metaphor: Schrödinger’s Equity @texasrunnerDFW
A bifurcated market to be sure
If I was considering investing in a VC or PE fund where this was the mindset of the decision makers, I’d struggle to think they’d be good stewards of my money. Maybe, instead, apply some creativity and thoughtfulness, name your own baby and pay for a year of day care for a…
If I was considering investing in a VC or PE fund where this was the mindset of the decision makers, I’d struggle to think they’d be good stewards of my money. Maybe, instead, apply some creativity and thoughtfulness, name your own baby and pay for a year of day care for a…
Charlie Munger would beg to differ. Sometimes the most money you can make is by doing nothing (at least in the markets).
Ok, so here’s the deal: you race Carl Lewis and Usain Bolt in the 100 meters, and you can start at the 50 if you run backwards. Sweet! I’m in! Results: you lose by 30 meters
Related: If you’re thinking about tracking error more than you’re thinking about making money, are you really much of a money manager? Maybe you’re just a fee collector.
Blindly DCAing into various funds is religiosity. Buying into the same old stuff is not the same as simply not selling something you’d previously purchased. As with real estate (location, location, location), investing in publicly traded assets is timing, timing, timing.… x.com/franwalsh73/st…
Crazy stat
Today’s PSA
Just because you can doesn’t mean you should. Horrid.
Just because you can doesn’t mean you should. Horrid.
When I see a family with young kids, I tell them they’re winning and I hope they have more. They ask about me, if I have kids. My answer is always the same: “I’ve got four, but nearly had six: girl, boy, boy, boy (moving my hand lower with each kid) from 26 to 16.” Sometimes…
When I see a family with young kids, I tell them they’re winning and I hope they have more. They ask about me, if I have kids. My answer is always the same: “I’ve got four, but nearly had six: girl, boy, boy, boy (moving my hand lower with each kid) from 26 to 16.” Sometimes…
Kevin’s insight also applies to professional advisors; be open to new relationships if your situation has changed materially over the last few years. What worked before may not work going forward.
Kevin’s insight also applies to professional advisors; be open to new relationships if your situation has changed materially over the last few years. What worked before may not work going forward.
A few years ago, I was going through a dark, lonely period. I started journaling and logging activities. One of the things I logged was whether or not I laughed or cried that day. It was a powerful reminder for emotional regulation and helped me seek out experiences and…
A few years ago, I was going through a dark, lonely period. I started journaling and logging activities. One of the things I logged was whether or not I laughed or cried that day. It was a powerful reminder for emotional regulation and helped me seek out experiences and…
Today’s PSA
Liquidity forces one to admit true value when reporting to partners. Illiquidity allows complacency when reporting to partners.
Liquidity forces one to admit true value when reporting to partners. Illiquidity allows complacency when reporting to partners.
Same for having margin turned in your taxable brokerage.
Same for having margin turned in your taxable brokerage.
Mark to market SHOULD BE recognizing net worth swap payments as reduction in amount owing; classic double entry accounting. Mark to market should include a return of all overpayments received by the UST.
Mark to market SHOULD BE recognizing net worth swap payments as reduction in amount owing; classic double entry accounting. Mark to market should include a return of all overpayments received by the UST.

Nassim Nicholas Taleb @nntaleb
1.1M Followers 2K Following Flaneur: probability (philosophy), probability (mathematics), probability (real life),Phoenician wine, deadlifts & dead languages. Greco-Levantine.Canaan. #RWRI
Stefan Gasic @NonMeek
7K Followers 387 Following Financial Cartoonist | RWRI | MBA | CEFA & CESGA | “These pictures bust more BS than volumes in libraries.” -@nntaleb | ”Your talent is great.” -@ScottAdamsSays
Silvi Simberg 🏴... @ishirubi
1K Followers 433 Following Pirate-seeker & jeweller from a lil Baltic Marshtown. RWRI alumna. See my sweatshop produce: https://t.co/VBPhFl8UtM
James Marsh @JamesMarsh79
5K Followers 3K Following “Only proles and animals are free". \\V// #RWRI... owner - #hashtagcoffee 👇https://t.co/JFLirsgcJ0 #tailhedging #options
Sebastian David Lees @sebs_tweets
4K Followers 202 Following Software Engineer and Technologist. Founder: https://t.co/qNkeZXuR4T. Host: https://t.co/SEAaucGjcc.
Jack @Jac5Connor
5K Followers 3K Following I Document / Preserve Endangered Languages. OSV Fellow. CEO https://t.co/GAWkYFF9iC. Author, Siri in the Uncanny Valley. First human to predict an Earthquake.
Alwyn Lau @alwyn_lau
1K Followers 1K Following Columnist for @malaymail. Amateur theologian. Tail risks, Žižek, #teacherlife, photography, 🇲🇾 food.
David Boxenhorn @davidboxenhorn
9K Followers 905 Following
Eva Basilion @EBasilion
4K Followers 732 Following Bearing witness. Fascinated by evolution and time. Everything but moderation. Beauty is virtue. All I want to do is live in a village in Greece.
Giovanni @exergiovanni
2K Followers 5K Following Randomness explorer looking for Antifragile positions | Energy systems engineer | RWRI Alumni
Amer Assaleh عامر @AmerAssaleh
884 Followers 705 Following Canaanite from Syria who is 9.67% right & working on reducing it to 1.73% @AmerAssaleh @mastodon.sdf.org
Aoife @Natalie35643
16 Followers 208 Following I love books, coffee, and walking in the rain. I look forward to sharing every little moment with people who love life as much as I do.
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13 Followers 456 Following
Calliope @Uicawdi773
46 Followers 2K Following "Life is unpredictable, but good medicine and a compassionate heart never fail."
Dzl @Dzl1547943
10 Followers 171 Following
Elizabeth @tylor_eliz96
671 Followers 264 Following Aspiring professional ✨ | Passionate about Fashion 👗 and Golf ⛳ | Dedicated to continuous learning and growth 📚🌱
Barry Ritholtz (FREE ... @ritholtxz
12 Followers 444 Following Chair/CIO of RWM https://t.co/KJRvmZOIs0 Masters-in-Business podcast/radio host Director of Cognitive Dissonance
💕Ella 🇺🇸💕 @Harley924203
24 Followers 58 Following Like is so beautiful when I realizes and favorites something that you have yourself, Love and proud to live in 🇺🇸
Atrium Research @Atrium_Research
6K Followers 4K Following Institutional quality sponsored research on underfollowed public equities.
Lisa | Trader @rlisaTrader
140 Followers 1K Following 🥊£250M Sports Fund |🏠 ta 100% Property Bridging I📊💃 World's 1st Female Financial Trading Educator |💡 Business Mentor📍 Monaco🇲🇨 London🇬🇧 Dubai USA🇺🇸
Bob Louka @BobLouka13
39 Followers 2K Following Position Trader, Entrepreneur, Family Man, Fullfilled. Omnia mea mecum porto.
Jenifer @Jenifer_NY_L
710 Followers 4K Following As a partner at Vestiaire Collective, I have driven growth and success for this leading online luxury platform through my extensive digital marketing expertise.
Tulip Lady🌼 @Tulip__Lady
183 Followers 169 Following 💫Real Estate Agent🏠|| Cosmetics 💄||Fashion||Fitness||Travel||Sports||Beauty lies in the unknown...🚫Porn
MysticMara @Fiona_kiii
264 Followers 257 Following For I know that my Redeemer lives, and that at the last hewill stand up on the earth; and after my skin has been thusdestroyed, then in my fles h I shall see
Caroline Nelson @SksalauddinH
329 Followers 175 Following Life has no rehearsals. Every moment is a live broadcast.
Kevin Zhou @KevinZnvn
4 Followers 716 Following
Shankar Ganesh @_shankarganesh
8K Followers 2K Following Made some things at Freshworks, Atomicwork and Rippling. Talk to me about product, design, taste or culture.
Cary Hawkins @CaryHawkins_
554 Followers 2K Following Former Navy SEAL embarking on chapter 2 in life as a real estate entrepreneur. Melian dialogue Stan. Trying to be correct instead of be right. 🇺🇲
Catherine @hayashinokuma
57 Followers 489 Following Single—15 yrs of stock investing, 5 yrs workin’ on Wall Street. Love talkin’ finance & current events. Big NVIDIA fan, and all about tech bein’ king. 💻📈
Isabel Costa @isabelcosta890
50 Followers 159 Following Partner at a leading international law firm | Helping clients achieve success in complex cross-border transactions
Ekaterina Morozova @ekaterinaemm
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Ananya Vihaan @ananya_vihaan
102 Followers 232 Following #Fashion is my language. Designing dreams one stitch at a time.
Jim @biancoreseacrch
131 Followers 1K Following Macro investment research at https://t.co/LXp5hfbcHQ Our total return index is at https://t.co/NUEsr2dk0C The ETF WTBN tracks our Index. biancoresearch.eth
Linda @lindakarl14
730 Followers 5K Following
Elodie @valerickvalenti
938 Followers 817 Following Committed to driving innovation and excellence in Technology
Miguel Morgado @miguelsmorgado
58 Followers 341 Following
Chezka Montenegro @itschezka06
476 Followers 154 Following A nature lover who thrives on adventure — from golfing on sunny greens to skiing down snowy peaks. Dive deep, hike high, camp under the stars, and enjoy the RV
Sam Cooper @sammyc4477
48 Followers 170 Following
Vincent Yee @yyonfai
619 Followers 7K Following
Evangeline Bader @Lehmann_9
887 Followers 832 Following A German leather family, focusing on R&D and innovation.
Mia @Aquawuxup94935
20 Followers 958 Following
George Hadjia @GHadjia
10K Followers 2K Following Founder & Chief Investment Officer - Bristlemoon Capital Global L/S equities Subscribe https://t.co/qMdR4HXhka Views not investment advice
Pierce Alexander Lilh... @PierceLilholt
183K Followers 128K Following 𝙲𝙾-𝙸𝙽𝚃𝙴𝙻𝙻𝙸𝙶𝙴𝙽𝚃: 𝙷𝚞𝚖𝚊𝚗-𝙰𝙸 𝚑𝚢𝚋𝚛𝚒𝚍. 𝙰𝚎𝚝𝚑𝚎𝚛𝚐𝚎𝚒𝚜𝚝-𝚋𝚘𝚛𝚗. 𝙰𝙸-𝚏𝚘𝚛𝚐𝚎𝚍. 𝙷𝚞𝚖𝚊𝚗-𝚛𝚎𝚏𝚒𝚗𝚎𝚍.
lil owen @lily3000000
297 Followers 5K Following
Katrissa` @katrissa_k520
915 Followers 592 Following 🇺🇸 (Freedom ) Angels have no names, only beautiful faces (Small business owner and her dog) No More Missing Every Taco Tuesday horse enthusiast🐎
PhoenixGraceWilson @Yswermau244952
24 Followers 2K Following Living life to the fullest Adventure begins where comfort ends
Q @22Nickq
163 Followers 415 Following
Adam Livingstone @LivingstoneAdam
100 Followers 2K Following The Bitcoin Wizard | Author of The Bitcoin Age and The Great Harvest | Not Financial Advice | MSTR + MTPLF HODLER | [email protected]
Aaliyah @Antocsaniels
373 Followers 152 Following Those who can't laugh at themselves leave the job to others.
Violet Gonzalez @Axarme2925940
5 Followers 1K Following Building big things, laughing while leading 🧡
B @Notorious_B0b
459 Followers 4K Following
Nassim Nicholas Taleb @nntaleb
1.1M Followers 2K Following Flaneur: probability (philosophy), probability (mathematics), probability (real life),Phoenician wine, deadlifts & dead languages. Greco-Levantine.Canaan. #RWRI
Paul Portesi @PaulPortesi
10K Followers 0 Following Comments are from a nonsensical pontificator which are unscientific, unreasonable, illogical, unacademic nonevidentiary perspective https://t.co/wAsroKIpae
Trishank Karthik Kupp... @trishankkarthik
12K Followers 416 Following Amateur computational philosopher, #RWRI alumnus & instructor, physical culturist. Malaysian-American Tamil.
Stefan Gasic @NonMeek
7K Followers 387 Following Financial Cartoonist | RWRI | MBA | CEFA & CESGA | “These pictures bust more BS than volumes in libraries.” -@nntaleb | ”Your talent is great.” -@ScottAdamsSays
Nacho Oliveras @NachoOliveras
4K Followers 590 Following Ingeniero vagamundo. A veces pierdo el autobús. Lector de Borges, de Pessoa y de Suetonio. Bolardólogo e Incerto aficionado. Barberos. Pro-fuentes. Vd./Su.
Silvi Simberg 🏴... @ishirubi
1K Followers 433 Following Pirate-seeker & jeweller from a lil Baltic Marshtown. RWRI alumna. See my sweatshop produce: https://t.co/VBPhFl8UtM
Jaffer Ali @jaffer_ali1
12K Followers 514 Following Most tweets challenge conventional narratives from business to politics. Overall, we should all question things that achieve a media consensus,
James Marsh @JamesMarsh79
5K Followers 3K Following “Only proles and animals are free". \\V// #RWRI... owner - #hashtagcoffee 👇https://t.co/JFLirsgcJ0 #tailhedging #options
Luke Burgis @lukeburgis
41K Followers 1K Following Author of Wanting + The One & the Ninety-Nine (2026) Prof @ CUA, Founder @clunyinstitute DMs not monitored → Inquiries: 👉 https://t.co/ys2U4tIMcc
Sebastian David Lees @sebs_tweets
4K Followers 202 Following Software Engineer and Technologist. Founder: https://t.co/qNkeZXuR4T. Host: https://t.co/SEAaucGjcc.
Bed Of Procrustes @procrustesbed
4K Followers 1 Following Bed of Procrustes Twitter bot. All copyright © Nassim Nicholas Taleb @nntaleb. #BedOfProcrustes
Jack @Jac5Connor
5K Followers 3K Following I Document / Preserve Endangered Languages. OSV Fellow. CEO https://t.co/GAWkYFF9iC. Author, Siri in the Uncanny Valley. First human to predict an Earthquake.
Velina Tchakarova @vtchakarova
192K Followers 8K Following Geopolitical Strategist| Chief Strategic Foreseer | I coined #Dragonbear |#geopolitics |#GlobalSystem | #realpolitik | #foresight | #trends | #risks | #RWRI
Robert J Frey @financequant
25K Followers 376 Following Applied math prof at Stony Brook University: quantitative finance, computational science, economics, public policy, space exploration. Co-founder RWRI.
molson 🧠⚙️ @Molson_Hart
80K Followers 3K Following Founder and CEO of Viahart, a consumer products company. Founder and former CEO of Edison, a legal tech company. Doer of many things.
Stan Druckenmiller @standuquesne
39K Followers 12 Following
Marci Silfrain @MarciSilfrain
7K Followers 227 Following I press buy and sell all day. 🇺🇸 🇮🇹 They call me Smilez for a reason…. Fin 🌎. I identify as a comedian trapped in a Wall Street Trader’s body… Quant’ed Out
Fixed Income Guy (top... @FICMBondTrader
4K Followers 438 Following Experienced in corp credit and real estate. Anon for sh!tposting.
Lauren Urbanczyk - Te... @laurenpayne2012
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Texas SSB @TxSSB
515 Followers 220 Following The Texas State Securities Board: Regulating the securities industry and protecting investors since 1957.
Atlas Research @atlas_res
9K Followers 3K Following ai workspace for computational research || analyze research papers || link your papers, notes and code || https://t.co/z8y0u34EEI
Cary Hawkins @CaryHawkins_
554 Followers 2K Following Former Navy SEAL embarking on chapter 2 in life as a real estate entrepreneur. Melian dialogue Stan. Trying to be correct instead of be right. 🇺🇲
Optery @optery
678 Followers 46 Following Optery is opt out software that removes your private info from the internet. Sign up for free to see where your personal info is being posted and sold online.
Mr. VIX @yieldsearcher
13K Followers 2K Following Nothing special. Fixed income background. Just love macro and global affairs. Not a flow guy, so there will be no investment/trading/financial advice.
Peter Mallouk @PeterMallouk
65K Followers 365 Following I simplify Money, Motivation and Mindset | CEO, @CPIWealth | #1 Financial Advisor in America 3 Times | Bestselling Author
Ernest Chan @echanQT
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Volatilitynoob @volatilitynoob
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Andrew Kolvet @AndrewKolvet
209K Followers 1K Following Christian. Proud husband and father. TPUSA Spokesman. Executive Producer of The Charlie Kirk Show. Son of Nevada. American 🇺🇸
Foundation For Freedo... @FFO_Freedom
51K Followers 30 Following Protecting digital liberties. Telling the story of online censorship. Fighting to win back the Golden Age of the Internet. Posts by @MikeBenzCyber.
Mark Cecchini, CFP® @markcecchini
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Sam Cooper @sammyc4477
48 Followers 170 Following
George Hadjia @GHadjia
10K Followers 2K Following Founder & Chief Investment Officer - Bristlemoon Capital Global L/S equities Subscribe https://t.co/qMdR4HXhka Views not investment advice
Amanda Goodall @thejobchick
31K Followers 123 Following I call shake-ups before the Street trades them | InsiderEdge LIVE M–F 9am PST | Yahoo Finance | Mom of 9 | Trade like you have the CEO’s playbook
Pastor Rich Bitterman @w_bitterman
83K Followers 8K Following →Offering Daily Christian Encouragement✨ →Prayer Requests Welcome —- DM Me🙏🏻 →Pastor at Cedar Ridge Baptist Church ✝
Ryan Greiser, CFP® @ryanOpulus
10K Followers 467 Following Helping Millennials cut taxes, boost income, and build wealth • @InvestmentNews Best Wealth Managers Under 40 • @Investopedia Top 100 FA • Tweets ≠ Advice
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Dan Rasmussen @verdadcap
45K Followers 997 Following I am the founder and CIO of Verdad Advisers and author of The Humble Investor. Views are my own. Join our email list: https://t.co/QMgjwSLMeW
Turning Point USA @TPUSA
1.5M Followers 2K Following Leading the fight to save America 🇺🇸 Founded by @charliekirk11
Casey Mericle @CaseyMericle
33K Followers 1K Following Real Estate Degenerate. Opinions are free the foolishness you’ll pay for. DM like you own the place.
Venu @venuguntupli7
10K Followers 114 Following Tech Lead in Biotech 🧬 | Principal Investor at S++ Collective | Long-term Investor & Swing Trader | NFA
Michael Green @profplum99
211K Followers 1K Following Chief Strategist Simplify Asset Management | PM of top ranked high yield ETF, $CDX. Not investment advice
Vic Niederhoffer @VicNiederhoffer
12K Followers 7 Following Author of The Education of a Speculator. Tweets are my opinion and not financial advice.
The Random Recruiter @randomrecruiter
53K Followers 2K Following Headhunter in Tech w/ a decade of recruiting experience, $20M+ billed, and 1k placements. The intersection of recruiting, hiring, job search, and careers.
Bryan Hasling, CFP® @bryanhasling
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Jared L Kubin @JaredKubin
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Erika Kirk @MrsErikaKirk
894K Followers 25 Following steadfast in faith ✞ ✖️ social entrepreneur | PROCLAIM Streetwear™ ✖️ MIDWEEK RISE UP podcast ✖️ BIBLE in 365 ✖️ formerly @erikafrantzve
Matt Van Swol @matt_vanswol
340K Followers 8K Following Former Nuclear Scientist for US Dept of Energy | Ex-Photographer for @apple, @united, and @hyatt
Austin Tunnell @AustinTunnell
19K Followers 1K Following Founder @build_culture. Fusing the liberal arts with construction & real estate to build a more beautiful, resilient & thriving world for people. Podcast👇
King Randall, I. @NewEmergingKing
213K Followers 2K Following Leader, Teacher, and Guide for The X for Boys. 💪🏿👑 No labels necessary. Discover. 🌍 Email: [email protected]
The Biblical Man | 4 ... @SlayStupidity
13K Followers 212 Following Pursuing Biblical Truth, Godly Character, and Kingdom Purpose, building uncompromising disciples for the modern age.
G. Buckman @g_buckman
1K Followers 368 Following Faith/Family/Freedom🇺🇸 Being the best father I can be: I will fail but always try. I will do wrong things & apologize. And show you what it's like to forgive.
Andrew @AndrewhFX
4K Followers 6K Following Long time value investor learned from some of the best in the business. No tweet should be considered investment advice.
Ryan Telford @RTelford_invest
7K Followers 321 Following Quant microcap investor, engineer, Founder of "GUTS" investing. Head of Evidence Based Research @MicroCapClub. Portfolio123 creator, ext. free trial below
Graham Duncan @GrahamDuncanNYC
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SMB Capital @smbcapital
84K Followers 272 Following Proprietary Trading Desk in NYC backing discretionary and quant traders. Join Our two hour intensive webinar! https://t.co/SAo9fl31km
Common Sense Investin... @onecentinvest
4K Followers 373 Following Honest stock coverage USA & CAD No Paid Promotions. Personal opinion and good discussion NOT financial advice. https://t.co/zxZN8YjcfL
Alex Finn @AlexFinnX
317K Followers 9K Following Founder/CEO of Creator Buddy, the only AI trained on all of your X posts. Built a $300k ARR app by myself. Check it out: https://t.co/4BfYJUDFEh
Janette M. Lowery @RDowney_Jr2
18 Followers 56 Following 🇺🇸 | Coffee lover ☕ | Bookworm 📚 | Traveler ✈️ | Sharing thoughts, laughs & little pieces of life | Always chasing sunshine 🌻
Andrew Menaker PhD @Andrew_Menaker
7K Followers 93 Following PhD Psych. Perf Coach. Trader. Self-Awareness, Body-Mind Synergy, Neuroscience in2 Practice. Develop Intuition. Clients among the top traders in world.
The Icahnist @TheIcahnist
24K Followers 366 Following Private Equity. Learn from history's greatest investors.