It’s a pleasure to watch Private Investment Brief think.

Tom Hanks, Rita Wilson, Idris Elba and now Kevin Durant?! This virus has a type. Rich people?

Jason Shellen is on Bluesky Remains crazy yet nonsurprising how easy it is for rich people to get testing. But somehow so hard for everyone else

A GENTLEMAN’S PRIMER ON SHORTING INSOLVENT SHITCOS So you’ve found a ShitCo. It’s such an ugly zombie it couldn’t be an extra in season 19 of The Walking Dead But it’s still got a $185m cap And you want to be the one to mung the last rancid, putrefying drops out of that corpse

So Elon is basically Howard Hughes right?

No one: Absolutely no one: Value investor’s Q1 2020 letter: The *real* margin of safety is at least six feet of social distancing.

Hate to activate IPO pop Twitter, but...I’ve never seen a VC tweet that a startup “left money on the table” when its private valuation skyrockets shortly thereafter 🧐

I'm so proud to have friends and followers of every political persuasion, and keeping this account out of partisan politics is a price I happily pay for it. That said, this answer is totally unacceptable and there is nothing partisan about saying so.

History shows that republics are fragile, and their dependence on the peaceful transfer of power following elections is their greatest fragility. Once electoral representation is lost, it is never reclaimed without bloodshed and chaos. The stakes could not be higher.

👀👀

Nichole Wischoff 😲

New blog post: Announcing the CPI-F (flat) http://longorshortcapital.com/announcing-the-cpi-f-flat.htm

Playing catch-up on Jon Weil's great column on Buffett on Wednesday http://bloom.bg/gOVzqD

We have issues with scarcity …

Analysts of the word unite! We must seize the means of portfolio management! x.com/bluegrasscap/s…

THIS IS LITERALLY A JOB POSTING FOR HOT DOG OR NOT HOT DOG linkedin.com/jobs/view/3168… h/t Morgan cc @upintheair2016

The market for (real) lemons: “We argue that the mafia arose as a response to an exogenous shock in the demand for oranges & lemons, following Lind's discovery in the late 18th c. that citrus fruits cured scurvy.” I love this so much. H/t scott cunningham. cambridge.org/core/journals/…