James Mackintosh
@jmackin2.bsky.social
Writer of Streetwise column in the Wall Street Journal www.wsj.com/streetwise Here for FinTwit c. 2012. Ex FT
Late to this but will just note that in 2007 alt-funds dedicated to investing in violins and rare guitars were a clear sign of the top. wwd.com/fashion-news...
Luxus Debuts Investment Fund for Luxury Handbags
Luxus, the wealth tech startup, has launched a new fund focused on Hermès Birkin and Kelly bags, to the tune of $2 million.
wwd.com
November 18, 2025 at 12:29 PM
Late to this but will just note that in 2007 alt-funds dedicated to investing in violins and rare guitars were a clear sign of the top. wwd.com/fashion-news...
Being expected to beat expectations never gets old. "...Nvidia is expected to deliver another earnings beat."
November 17, 2025 at 10:09 PM
Being expected to beat expectations never gets old. "...Nvidia is expected to deliver another earnings beat."
Reposted by James Mackintosh
Phew. New near-passive PC build with biggest heatsink ever, Noctua NHP1, and after build...nothing. Dead. But in checking, somehow one of the memory sticks (now deep under the heatsink) is loose. Lots of delicate wiggling later, it boots. CPU idle temp (AMD 9700x):36C with no fans. Cool, as they say
November 15, 2025 at 10:02 PM
Phew. New near-passive PC build with biggest heatsink ever, Noctua NHP1, and after build...nothing. Dead. But in checking, somehow one of the memory sticks (now deep under the heatsink) is loose. Lots of delicate wiggling later, it boots. CPU idle temp (AMD 9700x):36C with no fans. Cool, as they say
Another way of framing the core question: Is Michael Burry the Tony Dye indicator we've been waiting for?
November 14, 2025 at 1:19 PM
Another way of framing the core question: Is Michael Burry the Tony Dye indicator we've been waiting for?
Nice charts from @mims.bsky.social on AI build-out. He quotes JPM that every iphone owner globally needs to pay $35 a month to generate enough $ to justify capex. Seems to me that equates to ~$9 a month for every smartphone owner. Still punchy, but I can imagine that.
www.wsj.com/tech/ai/when...
www.wsj.com/tech/ai/when...
When AI Hype Meets AI Reality: A Reckoning in 6 Charts
Record capital expenditures and data-center planning are running up against the ground truths of physical infrastructure.
www.wsj.com
November 14, 2025 at 1:18 PM
Nice charts from @mims.bsky.social on AI build-out. He quotes JPM that every iphone owner globally needs to pay $35 a month to generate enough $ to justify capex. Seems to me that equates to ~$9 a month for every smartphone owner. Still punchy, but I can imagine that.
www.wsj.com/tech/ai/when...
www.wsj.com/tech/ai/when...
Gamestop went through its April tariffs low yesterday to close at its lowest for the year
November 14, 2025 at 12:47 PM
Gamestop went through its April tariffs low yesterday to close at its lowest for the year
Be much easier for the Gen Z customers willing to pay $6.99 to have cash delivered just to have it delivered directly to the dealer. Who else pays that much for cash?
Robinhood is teaming with mobile app Gopuff to provide customers home delivery of their cash www.wsj.com/finance/inve... via @WSJ
Robinhood is teaming with mobile app Gopuff to provide customers home delivery of their cash www.wsj.com/finance/inve... via @WSJ
Exclusive | Robinhood Offers to Bring Cash to Your Doorstep, for a Fee
The brokerage is teaming with mobile app Gopuff to provide customers home delivery of their cash.
www.wsj.com
November 13, 2025 at 3:20 PM
Be much easier for the Gen Z customers willing to pay $6.99 to have cash delivered just to have it delivered directly to the dealer. Who else pays that much for cash?
Robinhood is teaming with mobile app Gopuff to provide customers home delivery of their cash www.wsj.com/finance/inve... via @WSJ
Robinhood is teaming with mobile app Gopuff to provide customers home delivery of their cash www.wsj.com/finance/inve... via @WSJ
Reposted by James Mackintosh
I am obliged to report that when the No 10 spokesman gave this part of the statement there was a brief but heartfelt outbreak of laughter from journalists, one of whom later asked if the PM might thus be interested in a bridge he had to sell.
November 13, 2025 at 12:35 PM
I am obliged to report that when the No 10 spokesman gave this part of the statement there was a brief but heartfelt outbreak of laughter from journalists, one of whom later asked if the PM might thus be interested in a bridge he had to sell.
Reposted by James Mackintosh
Its the 8th of November. Seems like imaginary people are cancelling Christmas earlier and earlier.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
It blows my mind that there are real people who see a post like this and actually believe the whole “Christmas is being cancelled by Muslims” BS 🙄
Let’s have a quick look at what’s happening to Sheffield so you can put your Express reading uncle’s mind at ease!😆
1/15
🧵
Let’s have a quick look at what’s happening to Sheffield so you can put your Express reading uncle’s mind at ease!😆
1/15
🧵
November 8, 2025 at 6:32 PM
Its the 8th of November. Seems like imaginary people are cancelling Christmas earlier and earlier.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
Reposted by James Mackintosh
Tesla has suddenly become more like a blank-check company than an EV maker. (via Bloomberg Opinion)
Tesla’s SPAC-tacular Vote Is All-In on Musk
Tesla Inc.’s shareholders have taken an important step toward resolving one of the great mysteries of our time: What is Tesla? It is touted as, variously, an electric vehicle maker, a battery powerhouse, an autonomous driving pioneer, an artificial intelligence giant or an emerging leader in robotics. But the shareholder vote that just happened revealed that Tesla has become more like something else entirely: A blank-check company.
bloom.bg
November 7, 2025 at 11:00 AM
Tesla has suddenly become more like a blank-check company than an EV maker. (via Bloomberg Opinion)
Reposted by James Mackintosh
Every day I look at my screen and think "that's it, that's the quote that sums up this mad era." And then the next day there's another one.
www.axios.com/2025/11/06/o...
www.axios.com/2025/11/06/o...
November 6, 2025 at 5:03 PM
Every day I look at my screen and think "that's it, that's the quote that sums up this mad era." And then the next day there's another one.
www.axios.com/2025/11/06/o...
www.axios.com/2025/11/06/o...
You know how ChatGPT 5 is meant to fix stupid mistakes in maths? Not so much. Even when asked about stupid mistakes in maths.
November 5, 2025 at 5:49 PM
You know how ChatGPT 5 is meant to fix stupid mistakes in maths? Not so much. Even when asked about stupid mistakes in maths.
Reposted by James Mackintosh
Just picturing all the business interests trying to set up calls with City Hall and Lina Khan being all “well hello boys”
November 5, 2025 at 4:36 PM
Just picturing all the business interests trying to set up calls with City Hall and Lina Khan being all “well hello boys”
Reposted by James Mackintosh
Anyway, we need some joy, so here's the Egyptian foreign minister being given a Lego Pyramid by the Danish foreign minister.
November 3, 2025 at 2:35 PM
Anyway, we need some joy, so here's the Egyptian foreign minister being given a Lego Pyramid by the Danish foreign minister.
Reposted by James Mackintosh
One in twenty Reform councillors elected in May 2025 has left by the Autumn
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
Reform Is Losing Councillors Elected In May At An 'Unusual' Rate
Reform UK has lost more than 5 per cent of the councillors it had elected six months ago, an analysis by PoliticsHome has found.
www.politicshome.com
November 1, 2025 at 10:58 AM
One in twenty Reform councillors elected in May 2025 has left by the Autumn
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
@tracyalloway.bsky.social one slight flaw in your example: neither memory foam in mattresses (separate category btw) nor beds are quality adjusted!
November 1, 2025 at 10:55 AM
@tracyalloway.bsky.social one slight flaw in your example: neither memory foam in mattresses (separate category btw) nor beds are quality adjusted!
I'm no fan of excessive gilt but I'm amazed that a 1942 (remodel) building is so defended by architects/historians.
October 31, 2025 at 11:23 PM
I'm no fan of excessive gilt but I'm amazed that a 1942 (remodel) building is so defended by architects/historians.
This Reeves rental license breach is such a perfect example of bad regulation that she's supposed to be dedicated to getting rid of, and so easy to do.
October 29, 2025 at 10:42 PM
This Reeves rental license breach is such a perfect example of bad regulation that she's supposed to be dedicated to getting rid of, and so easy to do.
AWS and Azure both going down within a week shows once again we don't have a single point of failure in the system, but multiple single points of failure, each of which is serious.
October 29, 2025 at 10:20 PM
AWS and Azure both going down within a week shows once again we don't have a single point of failure in the system, but multiple single points of failure, each of which is serious.
Great line in today's WSJ oped (after pointing out that Trump's wrong to claim Reagan liked tariffs) www.wsj.com/opinion/reag...
October 27, 2025 at 2:39 PM
Great line in today's WSJ oped (after pointing out that Trump's wrong to claim Reagan liked tariffs) www.wsj.com/opinion/reag...
Administrators looking forward to taking it apart, brick by brick
Blackstone-backed theme park giant under pressure after debt sell-off on.ft.com/4o2WZ0D
Blackstone-backed theme park giant under pressure after debt sell-off
Struggles at Legoland owner Merlin Entertainments are raising the prospect of a debt restructuring
on.ft.com
October 24, 2025 at 8:29 AM
Administrators looking forward to taking it apart, brick by brick
That's not the only catch
Time to add crypto to your Sipp or Isa? Wait, there’s a catch on.ft.com/42Ul817 | opinion
Time to add crypto to your Sipp or Isa? Wait, there’s a catch
Regulatory changes make it possible to gain exposure inside a UK tax wrapper — but few platforms offer them
on.ft.com
October 23, 2025 at 10:54 AM
That's not the only catch
I feel like buy/sell/hold doesn't cut it any more and analysts need to add "to the moon 🚀" and "Screaming sell" to their recommendations
October 22, 2025 at 8:47 PM
I feel like buy/sell/hold doesn't cut it any more and analysts need to add "to the moon 🚀" and "Screaming sell" to their recommendations