Get live statistics and analysis of Ram Ahluwalia CFA, Lumida's profile on X / Twitter
Non-Consensus Investing. Founder of @lumidawealth. ex-Wall St. Macro, markets, digital assets and philosophy. e/acc. NYC & Exeter alum
10kfollowing47kfollowers
The Analyst
Ram Ahluwalia is a deep-dive financial thinker and ex-Wall Street macro strategist who dissects the markets with surgical precision. Founder of Lumida Wealth, he champions non-consensus investing with a blend of market savvy, digital asset insight, and philosophical rigor. Known for relentless tweeting, Ram turns complex macro phenomena into engaging, thought-provoking threads.
Ram tweets so much, sometimes it feels like the Federal Reserve itself is competing to keep up with his data dumps—except Ram's threads come with way more drama and fewer confusing interest rate changes.
Masterminded viral, high-impact narratives exposing major financial scandals such as the FTX collapse, gaining authoritative status in both traditional markets and digital asset communities.
To unravel the opaque layers of global finance and digital assets, empowering investors with clear, research-driven insights that challenge mainstream narratives and expose hidden truths.
Ram believes in rigorous analysis over hype, transparency in financial markets, and that true understanding requires questioning conventional wisdom. He values intellectual honesty, data-backed conclusions, and the power of independent thinking.
Expertise in macroeconomic storytelling and the ability to translate complex financial and digital asset topics into compelling, viral tweet threads that generate widespread engagement.
Can sometimes overwhelm his audience with high-frequency tweeting and dense content, which risks alienating followers who prefer simpler or more concise messages.
To grow his audience on X, Ram should experiment with a mix of simplified explainer threads and multimedia content like charts or short videos to complement his dense analysis, making it more accessible and shareable. Engaging more with trending conversations using his expertise could also broaden his reach.
Fun fact: Despite his thousands of tweets, Ram manages to maintain a laser-sharp focus on non-consensus ideas, especially around major financial crises like FTX and the Federal Reserve's vulnerabilities.
1/ NY Attorney General vs. DCG @BarrySilbert:
FTX was worse than Madoff.
And, DCG was worse than Enron.
This thread will show how.
And why the NYAG's request will force a sale of Grayscale.
1/ NY Attorney General vs. DCG @BarrySilbert:
FTX was worse than Madoff.
And, DCG was worse than Enron.
This thread will show how.
And why the NYAG's request will force a sale of Grayscale.
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Where did the $2 Bn in venture funds go?\n\nMy working hypothesis is that FTX was a fraud even prior to recent events and as far back as 2021.\n\n#SBF will go down in history as a fraud larger than Bernie Madoff. 🧵","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,172],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1591981314991063041","view_count":0,"bookmark_count":753,"created_at":1668392897000,"favorite_count":3225,"quote_count":91,"reply_count":170,"retweet_count":613,"user_id_str":"16861509","conversation_id_str":"1591981314991063041","full_text":"1/ Why would FTX acquire Voyager and BlockFi if they had no cash and were insolvent? \n\nWhat were they thinking?\n\nIt’s truly Machiavellian. Here’s a thread on my hypothesis…","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,184],"entities":{"hashtags":[],"media":[{"display_url":"pic.x.com/ivftibnodn","expanded_url":"https://twitter.com/ramahluwalia/status/1804504405397430603/photo/1","id_str":"1804504319019905027","indices":[185,208],"media_key":"3_1804504319019905027","media_url_https":"https://pbs.twimg.com/media/GQrjHhLW8AMdQ5j.jpg","type":"photo","url":"https://t.co/iVFTIbnOdn","ext_media_availability":{"status":"Available"},"features":{"large":{"faces":[]},"medium":{"faces":[]},"small":{"faces":[]},"orig":{"faces":[]}},"sizes":{"large":{"h":733,"w":1308,"resize":"fit"},"medium":{"h":672,"w":1200,"resize":"fit"},"small":{"h":381,"w":680,"resize":"fit"},"thumb":{"h":150,"w":150,"resize":"crop"}},"original_info":{"height":733,"width":1308,"focus_rects":[{"x":0,"y":0,"w":1308,"h":732},{"x":516,"y":0,"w":733,"h":733},{"x":561,"y":0,"w":643,"h":733},{"x":699,"y":0,"w":367,"h":733},{"x":0,"y":0,"w":1308,"h":733}]},"media_results":{"result":{"media_key":"3_1804504319019905027"}}}],"symbols":[{"indices":[72,77],"text":"ARKW"},{"indices":[92,97],"text":"NVDA"},{"indices":[102,107],"text":"TSMC"},{"indices":[180,184],"text":"SMH"}],"timestamps":[],"urls":[],"user_mentions":[]},"extended_entities":{"media":[{"display_url":"pic.twitter.com/iVFTIbnOdn","expanded_url":"https://twitter.com/ramahluwalia/status/1804504405397430603/photo/1","id_str":"1804504319019905027","indices":[185,208],"media_key":"3_1804504319019905027","media_url_https":"https://pbs.twimg.com/media/GQrjHhLW8AMdQ5j.jpg","type":"photo","url":"https://t.co/iVFTIbnOdn","ext_media_availability":{"status":"Available"},"features":{"large":{"faces":[]},"medium":{"faces":[]},"small":{"faces":[]},"orig":{"faces":[]}},"sizes":{"large":{"h":733,"w":1308,"resize":"fit"},"medium":{"h":672,"w":1200,"resize":"fit"},"small":{"h":381,"w":680,"resize":"fit"},"thumb":{"h":150,"w":150,"resize":"crop"}},"original_info":{"height":733,"width":1308,"focus_rects":[{"x":0,"y":0,"w":1308,"h":732},{"x":516,"y":0,"w":733,"h":733},{"x":561,"y":0,"w":643,"h":733},{"x":699,"y":0,"w":367,"h":733},{"x":0,"y":0,"w":1308,"h":733}]},"media_results":{"result":{"media_key":"3_1804504319019905027"}}}]},"favorited":false,"lang":"en","possibly_sensitive":false,"possibly_sensitive_editable":true,"retweeted":false,"fact_check":null,"id":"1804504405397430603","view_count":509645,"bookmark_count":368,"created_at":1719062350000,"favorite_count":2359,"quote_count":47,"reply_count":231,"retweet_count":220,"user_id_str":"16861509","conversation_id_str":"1804504405397430603","full_text":"Cathie Wood, as of now, has called the local top in semiconductors with $ARKW's purchase of $NVDA and $TSMC two days ago.\n\nRight down to the day.\n\nYou really can't make this up. \n\n$SMH https://t.co/iVFTIbnOdn","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,282],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1594153586157670403","view_count":0,"bookmark_count":1003,"created_at":1668910807000,"favorite_count":2297,"quote_count":114,"reply_count":167,"retweet_count":563,"user_id_str":"16861509","conversation_id_str":"1594153586157670403","full_text":"1/ Genesis is the only full-service prime broker in crypto. Genesis was a gem in the DCG portfolio. \n\nIt plays an critical role in enabling large institutions to access & mange risk. \n\nThe $1 Bn question - where does Genesis go from here? 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Can you guess?\n\nThe Federal Reserve...\n\n🧵","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,243],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1615378954206023682","view_count":551622,"bookmark_count":102,"created_at":1673971329000,"favorite_count":1205,"quote_count":59,"reply_count":97,"retweet_count":176,"user_id_str":"16861509","conversation_id_str":"1615378954206023682","full_text":"The SEC is investigating VCs who invested in FTX. They are assessing whether VCs conducted their stated due diligence process. \n\nVCs are in a catch 22. If they did DD and still invested, then the DD looks insufficient (and possibly negligent).","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,267],"entities":{"hashtags":[{"indices":[259,267],"text":"OddLots"}],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1676424831800049667","view_count":801016,"bookmark_count":502,"created_at":1688525801000,"favorite_count":1187,"quote_count":33,"reply_count":29,"retweet_count":118,"user_id_str":"16861509","conversation_id_str":"1676424831800049667","full_text":"Bridgewater CIO: \n\n‘We find that GPT-4 scores at an 80th percentile investment associate. \n\nWith AI, technologically you now have millions of them at once. \n\nAnd if you can [ control errors ] you can do a tremendous amount at a rapid rate.’\n\nYes, yes, yes. 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Grayscale.","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,111],"entities":{"hashtags":[],"media":[{"display_url":"pic.x.com/HuDRXfVfz0","expanded_url":"https://x.com/ramahluwalia/status/1970996494636556739/photo/1","id_str":"1970996491155120128","indices":[112,135],"media_key":"3_1970996491155120128","media_url_https":"https://pbs.twimg.com/media/G1pi3azXoAA_WyB.jpg","type":"photo","url":"https://t.co/HuDRXfVfz0","ext_media_availability":{"status":"Available"},"features":{"large":{"faces":[]},"medium":{"faces":[]},"small":{"faces":[]},"orig":{"faces":[]}},"sizes":{"large":{"h":720,"w":1290,"resize":"fit"},"medium":{"h":670,"w":1200,"resize":"fit"},"small":{"h":380,"w":680,"resize":"fit"},"thumb":{"h":150,"w":150,"resize":"crop"}},"original_info":{"height":720,"width":1290,"focus_rects":[{"x":0,"y":0,"w":1286,"h":720},{"x":0,"y":0,"w":720,"h":720},{"x":0,"y":0,"w":632,"h":720},{"x":0,"y":0,"w":360,"h":720},{"x":0,"y":0,"w":1290,"h":720}]},"allow_download_status":{"allow_download":true},"media_results":{"result":{"media_key":"3_1970996491155120128"}}}],"symbols":[{"indices":[11,16],"text":"IONQ"}],"timestamps":[],"urls":[],"user_mentions":[]},"extended_entities":{"media":[{"display_url":"pic.x.com/HuDRXfVfz0","expanded_url":"https://x.com/ramahluwalia/status/1970996494636556739/photo/1","id_str":"1970996491155120128","indices":[112,135],"media_key":"3_1970996491155120128","media_url_https":"https://pbs.twimg.com/media/G1pi3azXoAA_WyB.jpg","type":"photo","url":"https://t.co/HuDRXfVfz0","ext_media_availability":{"status":"Available"},"features":{"large":{"faces":[]},"medium":{"faces":[]},"small":{"faces":[]},"orig":{"faces":[]}},"sizes":{"large":{"h":720,"w":1290,"resize":"fit"},"medium":{"h":670,"w":1200,"resize":"fit"},"small":{"h":380,"w":680,"resize":"fit"},"thumb":{"h":150,"w":150,"resize":"crop"}},"original_info":{"height":720,"width":1290,"focus_rects":[{"x":0,"y":0,"w":1286,"h":720},{"x":0,"y":0,"w":720,"h":720},{"x":0,"y":0,"w":632,"h":720},{"x":0,"y":0,"w":360,"h":720},{"x":0,"y":0,"w":1290,"h":720}]},"allow_download_status":{"allow_download":true},"media_results":{"result":{"media_key":"3_1970996491155120128"}}}]},"favorited":false,"lang":"en","possibly_sensitive":false,"possibly_sensitive_editable":true,"quoted_status_id_str":"1970982581358518571","quoted_status_permalink":{"url":"https://t.co/q7ZrFyQiXf","expanded":"https://twitter.com/ramahluwalia/status/1970982581358518571","display":"x.com/ramahluwalia/s…"},"retweeted":false,"fact_check":null,"id":"1970996494636556739","view_count":216558,"bookmark_count":135,"created_at":1758757158000,"favorite_count":1171,"quote_count":20,"reply_count":41,"retweet_count":60,"user_id_str":"16861509","conversation_id_str":"1970996494636556739","full_text":"The CEO of $IONQ went to MIT and Harvard… but not really. \n\nThese are indicia of what a grift looks like folks. https://t.co/HuDRXfVfz0","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":1,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,276],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1625986758604201984","view_count":650537,"bookmark_count":323,"created_at":1676500427000,"favorite_count":1096,"quote_count":45,"reply_count":76,"retweet_count":245,"user_id_str":"16861509","conversation_id_str":"1625986758604201984","full_text":"The SEC is proposing a modification to the Custody Rule that impacts crypto. \n\nHere are the winners and losers:\n\n1. Big Winner: Anchorage - the only national bank that can custody crypto. Anchorage has a monopoly. \n\n2. Cowen: Bank backed Prime Brokerage. The first bank to do…","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,276],"entities":{"hashtags":[],"media":[{"display_url":"pic.x.com/xevmfhzlpq","expanded_url":"https://twitter.com/ramahluwalia/status/1596236460092710912/photo/1","id_str":"1596210710928932865","indices":[277,300],"media_key":"3_1596210710928932865","media_url_https":"https://pbs.twimg.com/media/FibhLzuXwAEbL81.png","type":"photo","url":"https://t.co/xeVmfHzlPq","ext_media_availability":{"status":"Available"},"features":{"large":{"faces":[]},"medium":{"faces":[]},"small":{"faces":[]},"orig":{"faces":[]}},"sizes":{"large":{"h":751,"w":664,"resize":"fit"},"medium":{"h":751,"w":664,"resize":"fit"},"small":{"h":680,"w":601,"resize":"fit"},"thumb":{"h":150,"w":150,"resize":"crop"}},"original_info":{"height":751,"width":664,"focus_rects":[{"x":0,"y":0,"w":664,"h":372},{"x":0,"y":0,"w":664,"h":664},{"x":3,"y":0,"w":659,"h":751},{"x":144,"y":0,"w":376,"h":751},{"x":0,"y":0,"w":664,"h":751}]},"media_results":{"result":{"media_key":"3_1596210710928932865"}}}],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"extended_entities":{"media":[{"display_url":"pic.twitter.com/xeVmfHzlPq","expanded_url":"https://twitter.com/ramahluwalia/status/1596236460092710912/photo/1","id_str":"1596210710928932865","indices":[277,300],"media_key":"3_1596210710928932865","media_url_https":"https://pbs.twimg.com/media/FibhLzuXwAEbL81.png","type":"photo","url":"https://t.co/xeVmfHzlPq","ext_media_availability":{"status":"Available"},"features":{"large":{"faces":[]},"medium":{"faces":[]},"small":{"faces":[]},"orig":{"faces":[]}},"sizes":{"large":{"h":751,"w":664,"resize":"fit"},"medium":{"h":751,"w":664,"resize":"fit"},"small":{"h":680,"w":601,"resize":"fit"},"thumb":{"h":150,"w":150,"resize":"crop"}},"original_info":{"height":751,"width":664,"focus_rects":[{"x":0,"y":0,"w":664,"h":372},{"x":0,"y":0,"w":664,"h":664},{"x":3,"y":0,"w":659,"h":751},{"x":144,"y":0,"w":376,"h":751},{"x":0,"y":0,"w":664,"h":751}]},"media_results":{"result":{"media_key":"3_1596210710928932865"}}}]},"favorited":false,"lang":"en","possibly_sensitive":false,"possibly_sensitive_editable":true,"retweeted":false,"fact_check":null,"id":"1596236460092710912","view_count":0,"bookmark_count":381,"created_at":1669407403000,"favorite_count":939,"quote_count":48,"reply_count":72,"retweet_count":281,"user_id_str":"16861509","conversation_id_str":"1596236460092710912","full_text":"1/ DCG published a letter to investors. It clarifies several misconceptions. It also raises new questions around the Promissory Note. \n\nI have pored over this and the Grayscale 10-Q to connect some dots. 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How to fix 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