Fascinating! Alternative assets rock! thehustle.co/the-people-mak…

Mom knows best!

It doesn’t matter much for someone like Elon Musk who’s clearly in a different financial stratosphere to overpay for an asset like @Twitter since all he mostly did was use his other overpriced currency (monetizing some of his Tesla stock) to pay for it. fortune.com/2022/10/27/elo…

Yes, this is an ugly chart. Yes,>$700B of value destruction from its all time highs hurting lots of momentum chasers. But let’s not lose perspective, at today’s market value of ~$260B, Meta stock is still up 17x from its pre-IPO round at ~$15B & 2.6x from its IPO value of $100B

Blockbuster refused to acquire Netflix for $50M (Netflix market cap today is $120B) and instead decided to partner w/ Enron for their own Video-on-Demand platform. morningbrew.com/daily/stories/… via Morning Brew ☕️

You’re a good human Jeremie Frimpong!

Wow…from $0 to $32B back down to $0 in 39 months. I wonder who will play Sam Bankman-Fried in the upcoming movie. #FTXCRASH #FTXbankruptcy

While all scams don't start as such, this one may have been a scam from the very beginning. reuters.com/technology/exc…

The Unbearable Uselessness of Crypto by Andrés Velasco Project Syndicate prosyn.org/MscvjfR

Shouldn’t this headline instead be written like this? “⁦Microsoft⁩ gives ⁦⁦⁦⁦LSEG⁩ enough capital in exchange for 4% of London Stock Exchange so LSEG can now afford to pay ⁦Microsoft Azure⁩ for the next 10 years.” bloomberg.com/news/articles/…

And yet the official inflation data is just slightly above 7%. 🤷🏼‍♂️ visualcapitalist.com/us-inflation-h…

Will people worship SMB owners in a down cycle?

Investing is 5% intellect and 95% temperament. It's a test of how well you can sit quietly when your emotions are screaming at you to do the wrong thing.

Whoa! In as much as I believe in giving someone the benefit of the doubt, this may have been fraud from Day 1. pitchbook.com/news/articles/… via PitchBook

A world where public health officials are mistrusted is a more dangerous world. We need to restore this trust. Trust emerges from transparency, accountability, and ultimately from positive outcomes from the policies implemented. In the fog of the Covid war, many mistakes were

The majority of billion-dollar startups in the U.S. have at least one immigrant founder. Here is where those founders are from. visualcapitalist.com/immigrant-foun… via @visualcap

👇🏽Spot on👇🏽

Here’s a list where Elon Musk and Vivek Ramaswamy at Department of Government Efficiency can start when they begin cutting wasteful spending in January 2025. There’s over $100B on this list alone.

I think we can all agree on a few things: We have $36 trillion of national debt growing at a rapid rate, that must be refinanced and issued at a materially higher interest rate as our bonds come due and as new funds are needed. We had a $1.8 trillion deficit in fiscal 2024.

UATX will never charge tuition. And we will never take government money. Here's why. Graduates spend decades shouldering debt for hollow credentials. This debt influences every decision they make: What job to take. Where to live. When to marry. When to have children. Some will