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Quarantiming
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Quarantiming

When will this end? Is this a dip or depression?

Richard Burton
Mar 16, 2020
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There are very few journalists who understand traditional markets & cryptocurrency markets. Larry Cermak at The Block is one of the rare exceptions. He published this graph today that shook me to my core:

The Dotcom Bubble was caused by people investing too much in the Internet.

The Mortgage Bubble was caused by people investing too much in real estate.

The Virus Crisis is completely different.


Can you change your mind? Are you wrong?

A lot of people want to know: when will this end? When will the stock market bounce back? When will things go back to normal?

People are struggling to accept that world has changed. Forever.

Twitter avatar for @ricburton$RIC 🐚 @ricburton
Everyone has a reality incubation period It takes time to accept that you were wrong Watching my friends try & process this new reality is absolutely staggering Some of them were prepping in January Others still think the stock market will bounce back 🦠

March 15th 2020

17 Retweets134 Likes

The Dark Side of Viral Growth

The Crypto Twitter community were way ahead of the curve on these problems. We could all see the coming storm because we follow folks who are trained in viral spotting trends. Intuition for exponents is extremely hard. You need to spend a lot of time around things that grow exponentially to get a feel for when something goes viral.

Twitter avatar for @ricburton$RIC 🐚 @ricburton
Viral growth is not fun when it is an actual virus 🦠w
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February 27th 2020

131 Retweets386 Likes

Who should I listen to?

I am paying close attention to the best investors I know in the space. For traditional companies, that is Sequoia Capital. They called this before everyone:

Twitter avatar for @sequoiaSequoia @sequoia
Founders & business leaders: We sent this note to Sequoia founders/CEOs to provide guidance on how to ensure the health of their business while dealing with the consequences of the coronavirus. We hope it's helpful to you during these turbulent times.
Coronavirus: The Black Swan of 2020Here is a note that we sent to Sequoia founders and CEOs today to provide guidance on how to ensure the health of their business while…seq.vc

March 5th 2020

580 Retweets1,421 Likes

In crypto, I really respect Avichal Garg at Electric Capital because he really understands how people & protocols work. I feel that the virus is a pin that will pop the decades-long bubble created by the Federal Reserve 👇

Twitter avatar for @avichalAvichal Garg (Electric Capital) ⚡ @avichal
7/ At the same time, we have debt at all time highs for consumers and companies, in absolute terms and as a % of GDP. These graphs do not scream "highly resilient financial system" to me. But this data may be a short term red herring for policymakers.
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March 15th 2020

4 Retweets18 Likes

#StayTheFuckHome

So what can we do? Personally, I have been exiting all risky positions & joining the #Quaranteam. I am staying home & trying to help people remotely.

Twitter avatar for @ricburton$RIC 🐚 @ricburton
My great grandparents fought the world wars My grandparents rebuilt the world economy My parents raised me with love All my generation has to do Is #StayTheFuckHome

March 16th 2020

22 Retweets190 Likes

This is a really great campaign to encourage people to self-quarantine before the spread gets out of hand.

Twitter avatar for @stfhofficial#StayTheFuckHome @stfhofficial
Wow! We have just reached 2 million people on the #StayTheFuckHome website, which is now also available in 17 languages thanks to our awesome community. You rock! Please keep on sharing and RT!
staythefuckhome.com
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March 15th 2020

300 Retweets480 Likes

These are going to be difficult times. Prepare yourself & your family 💌

You can follow me on Twitter: twitter.com/ricburton

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