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Eddy Elfenbein Profile
Eddy Elfenbein

@EddyElfenbein

78,110
Followers
1,790
Following
7,014
Media
85,829
Statuses

ETF Manager -- Substack

Washington, DC
Joined May 2009
Don't wanna be here? Send us removal request.
Pinned Tweet
@EddyElfenbein
Eddy Elfenbein
10 years
A bubble is a bull market in which you don't have a position.
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@EddyElfenbein
Eddy Elfenbein
6 years
To the guy who stole my antidepressants, I hope you're happy now.
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@EddyElfenbein
Eddy Elfenbein
6 years
500 years ago tomorrow -- the Original Pinned Tweet.
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@EddyElfenbein
Eddy Elfenbein
29 days
A great way to make passive income is to take $3 million and buy an 8% Treasury bond. You'll make $20,000 a month just by doing nothing.
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@EddyElfenbein
Eddy Elfenbein
4 years
My daughter just asked me, “Daddy, the stock market looks so scary. I’m afraid.” I didn’t know what to say. I finally said, “You’re 27. Stop talking like that.”
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@EddyElfenbein
Eddy Elfenbein
7 years
Apple has a cash balance of $261.5 billion. That's enough to buy every single team in the NFL, NBA, NHL and MLB.
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@EddyElfenbein
Eddy Elfenbein
3 years
He's named Nate Silver because all his picks come in second place.
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@EddyElfenbein
Eddy Elfenbein
3 years
Tom Brady has thrown 11.7% of all TD passes ever thrown in a Super Bowl.
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@EddyElfenbein
Eddy Elfenbein
4 years
Maybe we'll have better luck tomorrow which is *checks notes* Friday, the 13th.
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@EddyElfenbein
Eddy Elfenbein
4 years
If you had invested $10,000 in Tesla in 2012, by my calculations, today you'd be an annoying prick.
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@EddyElfenbein
Eddy Elfenbein
4 years
One of my goals this year is to be less condescending. (Condescending means to talk down to people.)
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@EddyElfenbein
Eddy Elfenbein
6 years
I ran the calculations and found that if you had put $50,000 into bitcoin a year ago, today you'd be an annoying prick.
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@EddyElfenbein
Eddy Elfenbein
4 years
Shares of $ZOOM are up 50% today because video conferencing is expected to benefit from the coronavirus. One small problem. It's wrong company. Zoom is $ZM. $ZOOM has been out of business for years. Score one for efficient markets! cc @asymmetricinfo
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@EddyElfenbein
Eddy Elfenbein
5 years
In 2011 there were 115 billionaires in China. Since then, 72 have died, with 15 murders, 17 suicides, 7 accidental deaths, and 19 from illness. Another 14 were executed. (via @bespokeinvest )
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@EddyElfenbein
Eddy Elfenbein
3 years
I bet the Starbucks at the Cape of Good Hope is doing killer business right now.
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@EddyElfenbein
Eddy Elfenbein
1 year
505 years ago today, the original pinned tweet.
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@EddyElfenbein
Eddy Elfenbein
4 years
Socialism is so bad that Trump's wives chose him over it. Think about that.
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@EddyElfenbein
Eddy Elfenbein
1 year
"You got it all wrong, Joe. You're money isn't here right now. It's in Franks bullshit startup, and 100 other completely worthless ideas."
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@EddyElfenbein
Eddy Elfenbein
6 months
506 years ago today -- the Original Pinned Tweet
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@EddyElfenbein
Eddy Elfenbein
4 years
If you're curious, here are the NYSE Circuit Breakers: -7%: shut trading for 15 mins -13%: shut trading for 15 mins -20%: close exchange
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@EddyElfenbein
Eddy Elfenbein
2 years
Biden won Stafford by 3. Youngkin is up by 20 with 92% in.
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@EddyElfenbein
Eddy Elfenbein
5 years
Last year, my lemonade stand had $90 in sales and expenses of $130, so we lost $40. I'm willing to sell you the entire business for $1,000. That's roughly Lyft.
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@EddyElfenbein
Eddy Elfenbein
5 years
When you analyze an investment, bear in mind that the single-best-performing stock of the last 20 years is Monster Energy Drink. A product specifically designed and marketed for abject morons. Remember that.
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@EddyElfenbein
Eddy Elfenbein
4 years
For context, this is how much $6 trillion is.
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@EddyElfenbein
Eddy Elfenbein
3 years
Microsoft has a cash balance of $130 billion. That's enough to give $1 to 130 billion people.
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@EddyElfenbein
Eddy Elfenbein
2 years
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@EddyElfenbein
Eddy Elfenbein
2 years
I have to admit, I'm not a big fan of the 20s so far.
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@EddyElfenbein
Eddy Elfenbein
3 years
Clorox has a fascinating business model. They make Clorox and they sell it for more than it costs to make. Then they do it again. Up 48 fold in 30 years.
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@EddyElfenbein
Eddy Elfenbein
5 years
For the Dow, today is the sixth-worst point drop of all time. All five of the others came last year.
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@EddyElfenbein
Eddy Elfenbein
2 years
$FB, a free online birthday reminder service, faces a difficult opening.
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@EddyElfenbein
Eddy Elfenbein
3 years
The worst-performing S&P 500 stock YTD Twitter -15%.
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@EddyElfenbein
Eddy Elfenbein
2 months
Nvidia’s net income rose 769%. To put that in perspective, that's nearly 770%.
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@EddyElfenbein
Eddy Elfenbein
4 years
The Fed is pouring gasoline into a car that doesn't have wheels.
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@EddyElfenbein
Eddy Elfenbein
2 years
If you're curious, here are the NYSE Circuit Breakers: -7%: shut trading for 15 mins -13%: shut trading for 15 mins -20%: close exchange
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@EddyElfenbein
Eddy Elfenbein
6 years
If you want to be a millionaire, this is how much money you'll need.
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@EddyElfenbein
Eddy Elfenbein
2 years
GameStop is up 20% after hours on news of a stock split. I'm now going to light myself on fire.
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@EddyElfenbein
Eddy Elfenbein
4 years
If you had invested $10,000 in Apple on June 6, 1983, by April 17, 2003, you'd be sitting on $8,400.
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@EddyElfenbein
Eddy Elfenbein
4 years
If you had invested $10,000 in the S&P 500 at the start of this year, today you'd have $10,005.
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@EddyElfenbein
Eddy Elfenbein
7 years
Welcome to the FBI, Director Baio.
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@EddyElfenbein
Eddy Elfenbein
3 years
If you had invested $10,000 in Apple on June 6, 1983, by April 17, 2003, you'd be sitting on $8,400.
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@EddyElfenbein
Eddy Elfenbein
5 years
RIP: Bull Market (3/9/2009 to 9/21/2018). QE birthed you. Low rates nurtured you... and buy backs made you run. So long, old friend.
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@EddyElfenbein
Eddy Elfenbein
2 years
If you had invested $10,000 in Apple ($AAPL) on June 6, 1983, by April 17, 2003, you’d be sitting on $8,400.
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@EddyElfenbein
Eddy Elfenbein
4 years
An angry mob of momentum investors pulled down a statue of Benjamin Graham. This madness has to stop.
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@EddyElfenbein
Eddy Elfenbein
4 years
The sexual tension between these two is off the charts.
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@EddyElfenbein
Eddy Elfenbein
2 years
If you have a $1 million portfolio, at the current rate, inflation is eating $68,000 per year.
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@EddyElfenbein
Eddy Elfenbein
5 years
13 hours in, so far this is NOTHING like Blade Runner.
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@EddyElfenbein
Eddy Elfenbein
4 years
Chesapeake Energy has gone from $15 to $77 to $16. This week.
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@EddyElfenbein
Eddy Elfenbein
3 years
"In summary, a stock is worth the net present value of all future cash flows. Any questions?"
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@EddyElfenbein
Eddy Elfenbein
4 years
I volunteered for the vaccine trials for Covid-19. The vaccine was created in Russia. I got my first shot, and I wanted to let you all know that it’s safe, with иo side effectsr, and that I feelshκι χoρoshό я чувствую себя немного странно и я думаю, что вытащил ослиные уши.
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@EddyElfenbein
Eddy Elfenbein
4 years
Apple now has $193.82 billion cash on hand. Or about $25 per person on the planet.
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@EddyElfenbein
Eddy Elfenbein
13 years
A bubble is a bull market in which you don't have a position. $$
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@EddyElfenbein
Eddy Elfenbein
5 years
S&P 500 annualized price return by unemployment rate since 1948: Under 4%: +4.71% 4% to 6%: +7.83% 6% to 8%: +18.09% Over 8%: +22.17%
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@EddyElfenbein
Eddy Elfenbein
4 years
If a stock goes down 20%, then goes up 20%, it's still down 4%. So who got the 4%? Answer = Goldman Sachs
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@EddyElfenbein
Eddy Elfenbein
2 years
I've never changed my opinion by so much than I have with Zelensky. Cometh the hour, cometh the man.
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@EddyElfenbein
Eddy Elfenbein
4 years
Given that today is Tax Day, I'd like to thank the top 1% for paying 40% of income taxes.
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@EddyElfenbein
Eddy Elfenbein
4 years
The S&P 500 has now gained back 44% of what it lost.
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@EddyElfenbein
Eddy Elfenbein
4 years
They have their own police force.
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@EddyElfenbein
Eddy Elfenbein
4 years
Days with 2% drops 2004: 0 2005: 0 2006: 0 2007: 11 2008: 41 2009: 28 2010: 10 2011: 21 2012: 3 2013: 2 2014: 4 2015: 6 2016: 5 2017: 0 2018: 15 2019: 5 2020: 24 (so far)
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@EddyElfenbein
Eddy Elfenbein
5 years
Days with 2% drops 2004: 0 2005: 0 2006: 0 2007: 11 2008: 41 2009: 28 2010: 10 2011: 21 2012: 3 2013: 2 2014: 4 2015: 6 2016: 5 2017: 0 2018: 11 (so far)
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@EddyElfenbein
Eddy Elfenbein
8 years
My brother is in Munich. He was helped to safety by a young Syrian immigrant. The young man's family called from Aleppo to see if he was OK.
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@EddyElfenbein
Eddy Elfenbein
4 years
Things Not to Fight
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@EddyElfenbein
Eddy Elfenbein
1 year
I'm very lucky in that all the Chinese balloon experts in my feed are also bank capital experts.
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@EddyElfenbein
Eddy Elfenbein
4 years
Stress diet
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@EddyElfenbein
Eddy Elfenbein
4 years
If you excuse me, I'm going to light myself on fire.
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@EddyElfenbein
Eddy Elfenbein
6 years
shut off my computer sell my possessions change my name plastic surgery move to alaska live off the grid completely alone miles from anyone knock at the door it's a caribou he speaks "Here's the thing about share buybacks..."
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@EddyElfenbein
Eddy Elfenbein
3 years
Fact: If an investor had put $10,000 into bitcoin in May 2011, they would have died in a coke binge in Florida sometime last year.
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@EddyElfenbein
Eddy Elfenbein
4 years
I don't understand how J Crew could have gone under.
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@EddyElfenbein
Eddy Elfenbein
5 years
How much would you pay for a lemonade stand that lost $20 last year on sales of $70; this year it will lose another $20 on sales of $170? If you said $10,000, congratulations, you own BYND.
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@EddyElfenbein
Eddy Elfenbein
2 years
The unemployment rate is lower today than it was during *every month* in the 1970s, 80s and 90s.
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@EddyElfenbein
Eddy Elfenbein
3 years
Amazon reported earnings of a "fuckload" Expectations were for a shit ton.
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@EddyElfenbein
Eddy Elfenbein
3 years
Coca-Cola earned 55 cents per share. Expectations were for...
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@EddyElfenbein
Eddy Elfenbein
4 years
My stop is at -$50 so I'm ok.
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@EddyElfenbein
Eddy Elfenbein
4 months
If you had invested $10,000 in Apple $AAPL on June 6, 1983, by April 17, 2003, you’d be sitting on $8,400.
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@EddyElfenbein
Eddy Elfenbein
5 years
My firm uses a model to forecast interest rates. She's awful.
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@EddyElfenbein
Eddy Elfenbein
4 years
You'll probably never see a week like this for the stock market in your lifetime.
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@EddyElfenbein
Eddy Elfenbein
4 years
Avoiding the virus. Hope you are too.
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@EddyElfenbein
Eddy Elfenbein
3 years
Blackberry +27% Gamestop +40% AMC +24% Bes Bath & Beyond +29%
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@EddyElfenbein
Eddy Elfenbein
4 years
Apple now has $207.06 billion in cash. To put that in context, that's TWO FUCKING HUNDRED AND FUCKING SEVEN FUCKING BILLION MOTHER FUCKING DOLLARS JFC!!!
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@EddyElfenbein
Eddy Elfenbein
4 years
No. Next question.
@CNBC
CNBC
4 years
Martin Shkreli seeks compassionate release from prison to work on coronavirus treatment
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@EddyElfenbein
Eddy Elfenbein
2 years
If you had invested $10,000 in Apple on June 6, 1983, by April 17, 2003, you'd be sitting on $8,400.
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@EddyElfenbein
Eddy Elfenbein
4 years
The Fed is pouring gasoline into a car that doesn't have wheels.
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@EddyElfenbein
Eddy Elfenbein
4 years
The federal budget deficit for June was $864 billion. The deficit for last June was $8 billion.
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@EddyElfenbein
Eddy Elfenbein
6 years
Cubs won the world series.
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@EddyElfenbein
Eddy Elfenbein
3 years
If you had invested $10,000 in Tesla in 2012, by my calculations, today you'd be an annoying prick.
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@EddyElfenbein
Eddy Elfenbein
5 years
This is what $1 billion in gold looks like. (via reddit)
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@EddyElfenbein
Eddy Elfenbein
6 years
I just ordered takeout. I had to fill out a 13-page questionnaire detailing my political beliefs. Separation of powers cost me an egg roll.
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@EddyElfenbein
Eddy Elfenbein
4 years
We're already in a recession.
@markets
Bloomberg Markets
4 years
U.S. Treasury Secretary Steven Mnuchin says he doesn't expect the coronavirus pandemic to tip the economy into recession
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@EddyElfenbein
Eddy Elfenbein
2 years
Elon Musk is the kindest, bravest, warmest, most wonderful human being I've ever known in my life.
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@EddyElfenbein
Eddy Elfenbein
3 years
To be the same age as Jefferson in 1776, a person today would have been born in 1988.
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@EddyElfenbein
Eddy Elfenbein
7 years
Sure, I may be $238,000 in debt from college but I think my degree in Marxist interpretive dance makes me a valuable member of the economy.
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@EddyElfenbein
Eddy Elfenbein
10 months
If a stock goes down 20%, the goes up 20%, it's still down 4%. So where did the 4% go? Answer: Vanguard and BlackRock.
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@EddyElfenbein
Eddy Elfenbein
3 years
Musk acts like the environmental impact of crypto was discovered in the past 48 hours.
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@EddyElfenbein
Eddy Elfenbein
10 months
Since April 1997, Monster Beverage has returned 520,000%. If you had invested $10,000 in MNST, that means your wife will be born in Estonia three years from now.
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@EddyElfenbein
Eddy Elfenbein
2 years
“You can't produce a baby in one month by getting nine women pregnant.” ― Warren Buffett
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@EddyElfenbein
Eddy Elfenbein
6 years
-108%? That's not how math works.
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@EddyElfenbein
Eddy Elfenbein
3 years
Remember, the most a stock can fall is about 40%. Maybe 50%. After that, it pretty much has to go up. #study
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@EddyElfenbein
Eddy Elfenbein
3 years
My son said to me, "Daddy, if Trump wins, will I be put in a cage?" I didn't know what to say. I finally said, "You're 26. What the hell is wrong with you?"
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@EddyElfenbein
Eddy Elfenbein
3 years
Diamond hands are just coal hands under a lot of pressure
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@EddyElfenbein
Eddy Elfenbein
4 years
Let me explain Iranian history. 1/412
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@EddyElfenbein
Eddy Elfenbein
3 years
John Eisenhower graduated from West Point 77 years ago tomorrow. His father was unable to attend due to prior engagements.
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@EddyElfenbein
Eddy Elfenbein
5 years
Not sure how I feel about the Laker Girls new look.
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