US SPACs, IPO capital raised 2013: $1 billion 2014: $2 billion 2015: $4 billion 2016: $3 billion 2017: $11 billion 2018: $9 billion 2019: $13 billion 2020: $83 billion 2021 YTD: $159 billion -- 2021 Returns... S&P 500 $SPY: +25% SPAC ETF $SPAK: -25%

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April 2022 was a brutal month for stocks and T.Bonds, as the T.Bond rate rose from 2.33% to 2.89% and the S&P 500 dropped by 8.8%. The ERP rose to 5.14% (from 4.73%) and the expected annual return on stocks is now 8.03%. ERP spreadsheet: bit.ly/3ku8SNX

Bill is without doubt one of the smartest people I know and always worth listening to. Most people dramatically underestimate the remarkableness of this bull run. Such things are unstoppable … until they aren’t. Markets teach. The lessons can be painful.

To understand Finance you need to know 3 things. My path to learn them: • Accounting degree • Master's in accounting • 10 years working at KPMG • 10+ years as a VP of Finance / CFO I'll teach you what you need to know with these 3 financial statements:

The Value of Not Being Sure by Seth Klarman

Until the late 1990s, a "startup" was something that could eventually pay off w/future operating profits. Since then, a startup has been a package that pays you back when you sell to other investors who, in turn, hope to sell to other investors by a mechanism known as "funding".

This is my daily reminder to tell MLB.TV they suck for its streaming blackout restriction in #Mexico RT if you agree.

If I was a Yankee/Guardians fan in Australia right now I'd be fukn livid! No MLB.TV due to blackout & #playoffs only available on ESPN (Foxtel/Kayo) ESPN showing MMA, ESPN2 still showing Mariners/Astros. There's no way to watch the Yankees/Guardians game

hey MLB.TV thanks to your international blackout I can't watch the New York Yankees game because ESPN.com.mx is only showing baseball on one channel and that has the Astros & Mariners extra innings. Not subscribing again….ever!

Howard Marks on valuation:

Tortoise And The Hare: Warren Buffett's Berkshire Hathaway vs Cathie Wood's ARKK ETF Since 2020

A thread of visuals that will change how you think about relationships, careers, success, and life: 1. Who we spend our time with over the course of our lives. Time is precious—cherish it.

Master Accounting Quality Check-list

Greatest Sho on Earth! #WorldBaseballClassic

Pedro telling Shohei what every baseball fan wishes they could tell him

important breakdown working hours vs. salary in oecd countries mexico labor now cheaper than china, btw

Someone made a baseball movie montage and it honestly deserves an Oscar.

Mi papa dejo una bolsa con sus lentes, cartera y credenciales en un Uber. Han pasado 20 horas, no hemos podido hablar con el conductor y el app solo nos lleva a un mensaje que dice que alguien se contactara con nosotros. Uber Mexico Agradeceriamos su ayuda.