The hero we don't deserve.

When I was 12 years old, this was my internet.

Alphabet looking to issue a 100-year bond. Last time this happened was Motorola in 1997, which was the last year Motorola was considered a big deal. At the start of 1997, Motorola was a top 25 market cap and top 25 revenue corporation in America. Never again. The Motorola

My wife and I are seeding 25M kids with $250 each, and the government is giving newborns $1,000. 🇺🇸🚀 To claim your child's "Future Wealth" starter pack, you must file IRS Form 4547. Don’t let them start at zero. Claim it here: irs.gov/instructions/i…

Life cannot just be about one sad thing after another. There must also be things that make us super excited and inspired about the future. This is one of things. Bigtime.

I dug up another 10 years of data: In 2025, South Bend had its highest number of new house permits issued in at least 44 years.

Investing quote of the day:

"Non-Profit" just built a 40-unit affordable housing building in Humboldt Park Cost: $31.6 million, that's $790K per unit Their other development? $42.9 million for 64 units, $670K unit That's 104 units across two buildings for $74.5 million 400 people applied in 72 hours,

>11% cost of capital on an asset not producing cash. What is the minimum implied growth rate of BTC based on $MSTR capital stack? finance.yahoo.com/news/microstra…

Blackstone could face challenge if it tries to exit investment in Willis Tower Chicago, Illinois. Purchased for $1.3 billion in 2015. Blackstone has contacted select investors to gauge their interest in assuming more than $1.3 billion in commercial mortgage-backed securities

Think in probabilities

Check out these two charts. This is a tomahawk dunk, a killshot. Palantir accounts receivable grew 20x while revenue growth grew 6x. DSO rose form 20 to 67 days. Q4 though is the seasonal low, and seasonal lows have been rising - 20 → 44 → 40 → 46 → 55 → 63 → 67 days.

Still kinda hot tbh

x.com/i/article/2022…

Chicago Office Sales 250 S. Wacker Drive ↓74% $23.8M vs $90M in 2011 175 W. Jackson Blvd ↓87% $41M vs $306M in 2018 600 W. Chicago Ave ↓82.5% $89M vs $510M in 2018 311 S. Wacker Drive ↓85% $45M vs $302M in 2014 200 S. Wacker Drive ↓68% $68M vs $215M in 2013 401 S.

Incredible.... Property tax revenue??

From Palantir’s Form 10k released on Tuesday: Alexander Karp, the Company’s Chief Executive Officer, flies on non-commercial aircraft beneficially owned by him (the “Executive Aircraft”) for business and personal travel. During the years ended December 31, 2025 and 2024, the

Absorption?!

I will probably end up paying over $500B in taxes, inclusive of death

As a former owner of commercial property in the area, the property tax creates an untenable hurdle for new entrants. The outcome is vacancy and NNN leases to T-Mobile, Starbucks and other large businesses.