← Leaderboard
LA
Liaquat Ahamed
Author, Lords of Finance / 1873
First call on the ledger
No calls filed yet. Quotes in curly quotation marks are verbatim; everything
else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
Railroad money 1873 ≈ AI data-center money today (“about the same”); “500 new railroads were created and by the end of 1872 only a hundred were able to pay dividends”; AI “not going to make money in a straight line”
Nasdaq since this was said: ▲ +1.0% · 25,820 → 26,082 · as of 2026-09-10
“We've just had the largest IPO in history with SpaceX which is… worth one and a half trillion dollars and… earns no money so there are all the signs of the latter stages of mania”
S&P 500 since this was said: ▲ +2.0% · 7,440 → 7,592 · as of 2026-09-10
On Chinese exports and Europe's industrial base:
“the amount of money that was going into railroad construction is about the same as the amount that's going into the construction of data centers”
Nasdaq since this was said: ▲ +1.0% · 25,820 → 26,082 · as of 2026-09-10
Follow Liaquat Ahamed
One short email when Liaquat puts a new call on the record, and when a verdict lands on one. Plain words, free.