Fwiw, I think Elon will show us just how lean these SV advertising companies can be run. At the very least, it’ll be an interesting thought experiment for spectators.

American corporate boards rubber stamp absurd pay packages for underperformance and rarely have skin in the game. Perhaps soon to shift back towards needed accountability

What’re your favorite consumer discretionary/cyclical shorts. Preferably short interest less than 10%… like a Turkey the day before thanksgiving

We Arnold Ventures are proud to support the NYU Transit Costs Project that released this report. Infrastructure costs and project duration are out of control. We as a society must figure out how we got here & how to fix it. This effort is a great start. bloomberg.com/news/articles/…

What are other examples like $FERG where a cross-listing to the U.S. was used to unlock value to benefit from the multiple arbitrage?

Decades of increased (ICE) car and gasoline use in California; yet pollution has been reduced by 97%. Reasonable regulations 🤝 capitalist response and private technological innovation?

What are your favorite companies undergoing a transformation?

Removing on street parking in Toronto in favor of dining parklets led to a nearly 50x increase in revenue as compared to parking fees. The math is common sense - we should build cities for people, not cars!

A picture apparently worth $825,794,276

IPOs coming to market on constrained floats and massive cornerstones that discourage investors from doing any work. Optimizing for first trade but relegating the companies to orphan status. With 80%+ of the equity left to sell. Way to go.

“Buckle up. This is only the beginning.”

This is a huge problem for building dense, multi-family housing in the US:

A longtime source just flagged this for me. Could be Exhibit A in why so much of the current AI craze might be just like the dotcoms of old - more hype than reality. dropbox.com/scl/fi/sh5lzo1…

once again the only possible explanation is some kind of sapir-whorfish effect on the minds of the english speaking peoples that makes them bad at building stuff inexpensively

Going to be frightening to watch the US government arbitrarily try to dismantle big tech at the very moment its scale is most aligned with our national interest

Crime. Right here. The majority owner of the company through various trusts, Rick Cohen sold hundreds of millions worth of stock based on falsified financials. There will be no enforcement for the perp or accomplice of course. $SYM

What are your favorite LLM prompts after you load in the 10-Q, 8-K, Earnings Press Release and Presentation, and Call Transcript?

RIP US Department of Justice Tax Division zeroed out in the new DOJ budget memo Cutting prosecutions of tax cheats is one of the most short-sighted and least efficient moves any government can make