Reposting from Feb. 23

NRG’s Stock Is a Top Gainer. How Does It Really Make Money? - WSJ | My latest ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ $NRG wsj.com/finance/invest…

Heard on the Street: Are steel tariffs as bulletproof as investors seem to believe? Trump’s latest tariff hike looks vulnerable to a courtroom challenge. | My latest ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ $CLF $NUE $STLD wsj.com/economy/trade/…

Heard on the Street: NRG Energy has volatile earnings, but an accounting switcheroo has let it start acting like some of those gyrations don’t exist | My latest ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ $NRG wsj.com/finance/invest…

Heard on the Street: For years, UnitedHealth Group’s financial reporting has been a black box. That needs to change. | My latest, with ⁦David Wainer⁩ The Wall Street Journal ⁦Heard on the Street⁩ $UNH wsj.com/health/healthc…

Heard on the Street: When Rep. Elise Stefanik sought an investigation into Harvard’s financial disclosures to bondholders, she might as well have fired a bazooka at the entire private-equity industry | My latest ⁦Heard on the Street⁩ ⁦The Wall Street Journal⁩ wsj.com/finance/invest…

First time being called out by a cabinet official! x.com/secscottbessen…

Heard on the Street: There are some calls that Warren Buffett can get away with that others may not so easily | Like using mark-to-Buffett accounting on Berkshire’s stakes in $KHC and $OXY. My latest The Wall Street Journal ⁦Heard on the Street⁩ $BRK $BRK.A $BRK.B wsj.com/finance/invest…

Heard on the Street: Some fund managers are so obstructive that they might as well kick sand in investors’ faces. | My latest ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ wsj.com/finance/invest…

Heard on the Street: How Ford uses a bespoke, nonstandard cash-flow metric to justify paying its outsize dividend. Ford calls it “adjusted free cash flow.” A more apt name would be cash flow before bad stuff. | My latest ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ $F wsj.com/business/autos…

Folsom Frenzy Podcast Most social media for CU is too young to remember the old ralphie lol let’s pay some respect to Ralphie III with the 100 yard sprint!

Gavin Newsom Has an $18 Billion Plan to Shore Up California’s Utilities. It Isn’t Enough. - WSJ | My latest ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ $EIX $PCG wsj.com/finance/califo…

Lawyers for Jeffrey Epstein’s estate have given Congress a copy of the birthday book put together for the financier’s 50th birthday, which includes a letter with Trump’s signature that he has said doesn’t exist. On Monday, House Oversight Committee members confirmed that they

Update: Leavitt said in a social media post that President Trump’s legal team will continue to pursue its defamation case against the Journal. “As I have said all along, it’s very clear President Trump did not draw this picture, and he did not sign it,” Leavitt said in a post

Heard on the Street: Investors would have less access to information and more exposure to risk under President Trump’s proposal to cut the frequency of corporate financial reports | My latest @wsj ⁦The Wall Street Journalheard⁩ wsj.com/finance/invest…

Now it can be told . . . The Chainsaw Curse has claimed a new victim: Milei! | Resurfacing this fun piece from February: The Stadium Curse Is Well Known. Will the Chainsaw Curse Be Next? ⁦Heard on the Street⁩ @wsj #ChainsawCurse wsj.com/livecoverage/s…

Opendoor Hype Won’t Make Its Business Any More Viable - WSJ | My latest Heard on the Street column ⁦The Wall Street Journal⁩ ⁦Heard on the Street⁩ $OPEN wsj.com/finance/invest…

What a time to be alive Victor Robles is too late to cut off this laser beam line drive off the bat of Tony Santander, presumably because he was paying closer attention to The Analytics Card — which you can clearly see him holding in his mouth, by the way — than to the batter.

Heard on the Street: How round-trip deals could echo history and hit a wall | My latest @wsj ⁦The Wall Street Journalheard⁩ $NVDA $MSFT $ORCL $AMD $CRWV wsj.com/tech/ai/is-the…

My latest Heard on the Street The Wall Street Journal $MSFT