Summary
A first-year medical resident named James Block, who runs a blog named after a SpongeBob SquarePants character, made the best short call of 2023. Despite being a physician, he spends his free time as a financial sleuth and writer. His goal is to expose the cryptocurrency market as a “semi-decentralized pyramid scheme.”
Key Points
1. The best short call of 2023 was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
2. James Block, a physician at one of America’s top hospitals, exposes the cryptocurrency market as a “semi-decentralized pyramid scheme” during his free time as an amateur financial sleuth and writer.
3. This highlights the unexpected expertise and influence that individuals outside of traditional financial institutions can have in identifying and critiquing market trends.