Pat Welton · Top Traders Unplugged · TTU153: Why Investors Keep Getting Trend Following Wrong ft. Patrick Welton
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Monitor execution costs and execution alpha over time; if measured execution costs rise consistently, treat it as a signal of capacity constraints
“He had a group of GrokBot agents ... named his group chat Executive Team ... his Slack group chat with his real executive team was also called Executive Team ... the GrokBot ... crossed the wires and decided to share the financial update in the executive team with the humans.”
“Florida's governor can sign death warrants; 12 executions this year, 19 last year, 40% of US executions.”
“Trump restarted federal executions in July 2020, resulting in 13 executions in six months.”
“In december 1996 porat is replaced as chief executive now the company does pivot it turns into a voice recognition company”
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