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Jan Klosowski

@klos.bsky.social

26 followers 4 following 200 posts

Owner at deltabadger.com

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Jan Klosowski @klos.bsky.social · 12d

1/ Chamath explains his new SPAC as "no compensation unless it works," the filing tells a different story:

🚨 The change of control provision and the higher 30% promote mean the sponsor can still profit handsomely even if public shareholders lose money - just like before.

Jan Klosowski @klos.bsky.social · 10h

Bitcoin price expressed in $NVDA shares.

Yes, we're way lower than in 2013.

The value of hard money is a function of the economy, not the economy itself.

For value to be stored, it first has to be created.

1 3

Jan Klosowski @klos.bsky.social · 16h

Boring makes money.
Entertainment is consumption.

Jan Klosowski @klos.bsky.social · 22h

You don't know if today's price is high or low.
Stop pretending you do.

Jan Klosowski @klos.bsky.social · 1d

"Gold is temu bitcoin for boomers"

Jan Klosowski @klos.bsky.social · 1d

Bitcoin is an exit from the global carry trade.

Jan Klosowski @klos.bsky.social · 2d

"The SHORT button destroys retail traders' accounts."

Surprisingly, in option trading shorts are more profitable than longs, due to time decay working in favor of sellers.

Jan Klosowski @klos.bsky.social · 2d

Extremes stretch the scale, so something that previously was 'extreme' can now be moderate and completely acceptable.

Thanks to shitcoins, Bitcoin can be a conservative asset.

Jan Klosowski @klos.bsky.social · 2d

Europe has talent, and people want to build, but besides regulations our capital market is not even close the US:

Oracle invested $200B in something that is not even profitable.
That's simply impossible in Europe. If you have that type of a mindset, you emigrate.

Jan Klosowski @klos.bsky.social · 3d

A woman marrying a founder before he's rich is as much an investor as any VC.

MacKenzie Scott married Jeff Bezos in 1993, when Amazon didn't exist yet.

She was a pre-pre-seed investor:

"I don't know what you're up to, but I believe in you."

Big risk. Big reward.

Jan Klosowski @klos.bsky.social · 4d

"Why is 2% inflation important?"
"Because if we tell people inflation will be 2%, it will be 2%."

Inflation is simply a form of tax—the most regressive one—that transfers wealth from the poor to the rich. Poor people are financially illiterate, so they don't notice it.

Jan Klosowski @klos.bsky.social · 4d

Many people struggle with the concept of "public debt":

Q: Who do we owe money to?
A: To ourselves in the future.

1. We print money.
2. If the one who gets it creates new goods/services, they "cover" the debt.
3. Otherwise, we all pay the bill in inflation.

Jan Klosowski @klos.bsky.social · 4d

The only people who get rich in crypto are founders and buy-and-holders.

Jan Klosowski @klos.bsky.social · 5d

"The culture war is no longer peripheral: it is a form of capital war. This means the cost of capital isn’t determined by the risk-free rate, but the very risk it must take." Jeff Park

Jan Klosowski @klos.bsky.social · 5d

Luddites, AI, why traditional investing advice doesn't work anymore, and a defensive portfolio for the acceleration era.

janklosowski.substack.com/p/the-windo...

Jan Klosowski @klos.bsky.social · 5d

Do the job.

Jan Klosowski @klos.bsky.social · 6d

If $MSFT, $AMZN, or $GOOGL announce additional nuclear PPAs watch:
- Constellation Energy $CEG
- Vistra $VST

They jumped 22%+ and 38.8%+ on prior deals.

These nuclear operators benefit directly from hyperscaler power demand.

Jan Klosowski @klos.bsky.social · 6d

Hyperliquid's ADL hurt spread traders but kept the platform solvent with $0 bad debt.

First Brands? Jefferies is down $715M, UBS $500M+, Millennium $100M - all on "institutional-grade" due diligence.

Transparent on-chain mechanisms > opaque private credit bagholding.
x.com/dgt10011/st...

Jan Klosowski @klos.bsky.social · 6d

A while ago, I had an idea to create a bot that buys Bitcoin every time
@PeterSchiff posts about it, but I realised that he does it so often that it would be just a regular DCA, and I already built a DCA bot.

Jan Klosowski @klos.bsky.social · 7d

This chart is a window of opportunity that Luddites missed.

In the 1770s, setting up a small cotton mill cost £3k-£5k.

By the 1790s, that figure had tripled to £15k.

By 1811, when the Luddites were smashing looms, the window had closed.

substack.com/home/post/p...

Jan Klosowski @klos.bsky.social · 7d

Whenever I see a new development in AI:
Am I more powerful or am I irrelevant?

Jan Klosowski @klos.bsky.social · 7d

Your biggest enemy isn't market volatility.
It's the volatility of your mind.

Jan Klosowski @klos.bsky.social · 8d

🚨 URGENT: Leaked recording from $NAKA board meeting.

Jan Klosowski @klos.bsky.social · 8d

Capital flows like water—it finds the path of least resistance.
When the world burns, money doesn't disappear.
It just changes address.

Jan Klosowski @klos.bsky.social · 8d

European innovation dies only due to systemic reasons. We produce talent for the US startups. From humanity's perspective, it doesn't matter that much—we all benefit from the outcome as consumers. But European civilization is slowly retiring.

Jan Klosowski @klos.bsky.social · 9d

Dead concepts in finance:
- 2% inflation is good
- intrinsic value
- risk-free rate