Umit Singh Dhuga

Are the armrests marble?

Excellent work.

Not a typo, not the Onion: it says “US LNG” (not Russian gas), and it’s indeed February 2026 (not February 2022).

a man wearing glasses is reading a newspaper in a dark room ALT: a man wearing glasses is reading a newspaper in a dark room

The asymmetry is the whole point of the pair trade.

$UBS with a handsome beat, $3bn in buybacks, and ambitious CETI capital metrics:

I opened the link and feel that I just saw $CFLT and $AMPL simultaneously die.

(Not investment advice.)

And God said, Let there be a firm in the midst of the waters…

Just spouted some thoughts out loud quickly to a couple of LLMs and it made me this. You’re quite capable and you’ll get the gist. I also don’t think you need BBG to do this.

$MSTZ — T-Rex 2X Inverse $MSTR Daily Target ETF — up ~420% since 11 August 2025, the day MicroStrategy eschewed its adjective and became simply Strategy.

Chart of $MSTR since MicroStrategy changed its name to Strategy effective 11 August 2025.

I’ve included $IBIT for anyone who has been in (or followed) that “basis trade”.

Found two very different but interesting accounts to follow here:

@triforcecap.bsky.social
&
@fullcarry.net

a man is sitting in a chair holding a cup and pointing . ALT: a man is sitting in a chair holding a cup and pointing .

But Gartner is imperative for a software investors.

TLDR: you’re looking at a high-dimensional matrix where performance is often hidden in the crosstalk between variables.

PORT <GO> fxn on BBG allows you to "slice and dice" those 50 positions by any # of factors.

Or try a nested treemap where size of box is position weight and colour is PnL.

The five year chart is breathtaking:

The 5 yr chart is a beauty:

I recommend looking at "Performance attribution for multifactorial equity portfolios" (Journal of Investment Strategies, 2021). Abergel and Heckel address what you’re describing: the struggle to distinguish between stock-specific returns (Alpha) and systematic factor returns (Beta).

Banger.

Gartner — ticker $IT — fell ~21% today and is down ~71% on a TTM basis.

US stocks drop on fears AI will hit software and analytics groups New Anthropic legal tool sends shares in companies including S&P Global and Intuit sliding

“Analytics groups Gartner and S&P Global fell 21 per cent and 11 per cent, respectively, while Intuit and Equifax both declined more than 10 per cent. Moody’s fell 9 per cent and FactSet lost 11 per cent.”

Cf $IGV

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