האיש הזה יודע לשיר ולנגן מעניין מה עמדתו בשאלת התחולה של mifid 2 על גופים פיננסיים שלא פועלים בשוק האירופי
September 23, 2026 at 6:47 AM
האיש הזה יודע לשיר ולנגן מעניין מה עמדתו בשאלת התחולה של mifid 2 על גופים פיננסיים שלא פועלים בשוק האירופי
Let’s not go back to the time before MiFID 2
December 2, 2024 at 11:10 PM
Let’s not go back to the time before MiFID 2
MiFID 2, basically
London has the highest birth rates among over-40s. But what’s driving the shift? on.ft.com/4a7tiW6
London has the highest birth rates among over-40s. But what’s driving the shift?
[FREE TO READ] Housing costs, career focus and access to IVF has driven people to delay parenthood in the capital
on.ft.com
January 8, 2025 at 7:58 AM
MiFID 2, basically
MiFID fixes this
US equity markets have become fundamentally broken. Since November, more trading has taken place off of stock exchanges than on them. Price discovery is suffering. This is a serious problem. First chart shows 2024 by month, second chart shows 2025 by day.
January 24, 2025 at 1:11 PM
MiFID fixes this
MiFID 2, basically
So why is it the old people who are so angry?
July 28, 2025 at 7:54 AM
MiFID 2, basically
Me, discussing MiFID research unbundling
December 31, 2024 at 3:39 PM
Me, discussing MiFID research unbundling
2018 (MiFID 2)
My beloved AP European History teacher always said that modern centuries only truly "begin" 14 to 18 years after the technical turn of the calendar:
1517 (Luther's Theses)
1618 (Defenestration of Prague)
1714 (Peace of Utrecht)
1815 (Napoleon defeated)
1914 (WWI begins)
and
2016 (Trump wins)
1517 (Luther's Theses)
1618 (Defenestration of Prague)
1714 (Peace of Utrecht)
1815 (Napoleon defeated)
1914 (WWI begins)
and
2016 (Trump wins)
December 24, 2025 at 2:21 PM
2018 (MiFID 2)
MiFID 2
I like this brainstorm: greatest achievements since 1969.
Number one for me: eradicating smallpox
What else?
Number one for me: eradicating smallpox
What else?
I get it from a narrative perspective.
Kitty Hawk to Apollo 11 was 66 years; many people experienced both in their lifetime (and everything between).
66 years from 1969 is 2035 and the triumphs just aren’t as narratively simple.
Kitty Hawk to Apollo 11 was 66 years; many people experienced both in their lifetime (and everything between).
66 years from 1969 is 2035 and the triumphs just aren’t as narratively simple.
July 31, 2026 at 8:41 PM
MiFID 2
The whole thing is a total shitshow because Paul Myners didn’t fully understand what he was doing with his ill-started and now completely failed MiFID reforms.
September 26, 2026 at 11:15 AM
The whole thing is a total shitshow because Paul Myners didn’t fully understand what he was doing with his ill-started and now completely failed MiFID reforms.
Me, in 2018 when MiFID 2 when live
TRUMP: ONE OF THE GREATEST DAYS EVER IN CIVILIZATION
September 29, 2025 at 7:11 PM
Me, in 2018 when MiFID 2 when live
pure @smtuffy.bsky.social bait (while also being right IMO): substack.com/home/post/p-...
The long-term damage done by MiFID II
The EU MiFID II regulation introduced in 2018 has been a disaster for brokerage firms and providers of investment research.
substack.com
August 12, 2025 at 6:29 AM
pure @smtuffy.bsky.social bait (while also being right IMO): substack.com/home/post/p-...
Konkret habe man fünf Banken jeweils etwa 250.000 Euro für Beratungsleistungen in Rechnung stellen wollen, und zwar zu Änderungen bei der "Richtlinie über Märkte für Finanzinstrumente" (MiFID II), so Politico. Dies ergebe sich aus E-Mails und Vorstandsprotokollen.
March 20, 2024 at 11:37 AM
Konkret habe man fünf Banken jeweils etwa 250.000 Euro für Beratungsleistungen in Rechnung stellen wollen, und zwar zu Änderungen bei der "Richtlinie über Märkte für Finanzinstrumente" (MiFID II), so Politico. Dies ergebe sich aus E-Mails und Vorstandsprotokollen.
MiFID 2?
"15 years ago, Polish workers came here to find opportunity. Now Poland is growing twice as fast as we are," says Kemi Badenoch.
Any ideas what may have happened in the interim?
Any ideas what may have happened in the interim?
October 8, 2025 at 10:58 AM
MiFID 2?
Not to mention MiFID 2
It's trendier to study the 1990s. But one can trace so much about today's world back to the early-2010s.
- Dawn of multipolar age
- Xi and Modi rise to leadership
- Reordering of Middle East from within
- Russia annexes Crimea
- Euro-crisis roils Europe
- Smartphones & social media become dominant
- Dawn of multipolar age
- Xi and Modi rise to leadership
- Reordering of Middle East from within
- Russia annexes Crimea
- Euro-crisis roils Europe
- Smartphones & social media become dominant
November 10, 2025 at 7:23 PM
Not to mention MiFID 2
under identical circumstances. European MiFID II regulations require disclosure of concentration risks precisely because mathematical correlation coefficients mislead during crisis periods. #PershingSquare #ConcentrationRisk #PortfolioDiversification
November 23, 2025 at 2:30 AM
under identical circumstances. European MiFID II regulations require disclosure of concentration risks precisely because mathematical correlation coefficients mislead during crisis periods. #PershingSquare #ConcentrationRisk #PortfolioDiversification
MiFiD 1, basically
Nobody's ever really captured, to my satisfaction, the way that the internet -- though it promises infinitude, all of human experience & history & art & thought in one place -- has instead produced a kind of narrowing & flattening of experience, made the world seem *less* magic & full of wonder.
May 25, 2025 at 8:10 PM
MiFiD 1, basically
I blame it on MIFiD 2
There was a time that such brazenly corrupt related party transactions would engender fierce regulatory scrutiny btw
So... he had his xAI (powered by chips he took from his public company, Tesla) buy X to cover his losses there and now he's having his SpaceX give money to xAI. Sorta feels like a shell game to prop things up.
www.wsj.com/tech/spacex-...
www.wsj.com/tech/spacex-...
July 13, 2025 at 7:29 PM
I blame it on MIFiD 2
Eurobanks after MiFID II
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Fucking Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Profitable
Research Does Not Need To Be Fucking Profitable
April 20, 2025 at 7:22 PM
Eurobanks after MiFID II