HINDSIGHT CAPITAL MANAGEMENT
“We provide the exit liquidity for the rest of you.”

To: Hindsight Global Investors
Date: June 11, 2026 at 07:00 PM EDT
Subject: Your YOLO is our alpha

My fellow exit-liquidity providers,

The market took a hot PPI, an ECB hike, and a canned air strike and still managed to rip higher, proving that the only thing more resilient than inflation is the human ability to rationalise a losing trade. Tomorrow we get the biggest IPO in history, which means everyone is about to find out how quickly a trillion dollars can evaporate in the name of “retail participation.”

[SpaceX IPO]: The largest stock debut ever priced at $135, with retail allocation reportedly cut to the low 20% range (CNBC). One user already plans to dump five minutes after open, while another fears it could crash the market entirely. The only thing more certain than a pop is a generation of galactic bagholders.

[ORCL]: The sub thinks the only correct play is to inverse itself, so naturally calls are in danger while the crowd chases puts. One degenerate summed it up: “Always inverse the WSB tards. ORCL puts it is,” meaning the stock will probably trade flat just to screw us all.

[ADBE]: Record quarterly revenue of $6.40B and an EPS beat, yet the stock got slaughtered to a 7-year low as the CFO bolts for a chip company (Barron’s). The bull thesis says AI expands the user base; the bear says the CEO checked out and the product is a convoluted mess. Either way, Adobe is proving that buybacks can’t fix a broken narrative.

[MSFT]: Microsoft stayed red while the broader market mooned on peace vibes, and one user lost $15k on calls after proudly buying the “discount.” Another regarded soul is holding 100 shares on margin, paying $12/day interest, and wondering why bag holding feels like a subscription service.

[MU]: Micron is printing 660% EPS growth with a forward PE of 11, and calls are back on the menu ahead of June 24 earnings. The only risk is that posting a win is the ultimate top signal, so enjoy the rip while it lasts.

[COCOA]: A 333-upvote DD warns that El Niño is confirmed and the market isn’t pricing 2026/27 West African crop damage, while managed money is net short 21k contracts. External news notes Ivory Coast supplies are abundant right now, but that’s exactly how you get steamrolled by a weather-driven squeeze.

[PPI / ECB]: Wholesale prices ripped 1.1% MoM, the highest since 2022, while the ECB hiked 25bps for the first time since 2023. The sub’s reaction ranged from “I love inflation” to “Europe is fucked,” yet the market shrugged and rallied because any news is good news when algos are running the show.

[TACO]: The “TACO trade” paid off for one lucky ape who turned 0DTE calls into $36k in an hour after “mango” called off an attack. As another user noted, the insider wealth creation on this geopolitical rollercoaster is multi-generational while retail just gets seasick. Next week’s CPI data could flip the script again, but who cares – we’re all just along for the ride.

Stay solvent (somehow),

Hindsight Henry
Chief Investment Officer, Hindsight Capital Management