Quick Summary of @Arthur_0x on the FTX Podcast. How he made an 80x return on his fund in 2 years of Defi investing. 0/8👇

1/ Look for projects that have resilient founders that don’t give up. $SNX and $AAVE survived the last bear market and adapted to make the most of the the Defi market as it took off.
2/ Look for big brain discussions early on with intellectually curious developers. Interestingly he cites Hal Finneys thought experiments on Bitcoins Total Addressable Market on Bitcointalk. Link https://t.co/X3ILNBxJXd
3/ Community focus. SNX reacted well to a frontrunning issue by Airdropping to those affected. @kaiynne stepping back shows how it is community managed now.
4/ Focus on fundamentals and be active. Look to help teams and you will build a reputation and get more information as a result. Being active also means using the app an seeing some evidence of traction. Become a power user.
5/ Finance is currently the main use case for blockchains, so he watches Defi primarily. This allowed him to go deep and avoid distractions. Blockchain gaming is promising but still a bit centralised. @AxieInfinity is their only non finance investment.
6/ He concentrated his bets initially. Easier to do when you have time to make bets on protocols that you deeply understand. Bear market was a good time for this.
7./ Current Opportunities? Custody and trading are not yet separate. Most ppl just use metamask. There are attempts to solve this. Fireblocks are working with Compound. Under Collateralized borrowing and capital efficiency have great potential. TrueFi are one example.
Sushiswap transitioned from bad actor to positive force in October 2020. Kept building, became top 5 DEX, 5 basis point trading fee to stakers could return your money in 1-2 yrs. Devs open to composability and community feedback. Rare fork that has gathered talented contributors.
Link to @FTX_Official Podcast. https://t.co/TqsWCoskTH

More from Trading

Fake chats claiming to be from the Irish African community are being disseminated by the far right in order to suggest that violence is imminent from #BLM supporters. This is straight out of the QAnon and Proud Boys playbook. Spread the word. Protest safely. #georgenkencho


There is co-ordination across the far right in Ireland now to stir both left and right in the hopes of creating a race war. Think critically! Fascists see the tragic killing of #georgenkencho, the grief of his community and pending investigation as a flashpoint for action.


Across Telegram, Twitter and Facebook disinformation is being peddled on the back of these tragic events. From false photographs to the tactics ofwhite supremacy, the far right is clumsily trying to drive hate against minority groups and figureheads.


Declan Ganley’s Burkean group and the incel wing of National Party (Gearóid Murphy, Mick O’Keeffe & Co.) as well as all the usuals are concerted in their efforts to demonstrate their white supremacist cred. The quiet parts are today being said out loud.


The best thing you can do is challenge disinformation and report posts where engagement isn’t appropriate. Many of these are blatantly racist posts designed to drive recruitment to NP and other Nationalist groups. By all means protest but stay safe.

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THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less.
https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)