Fentanyl Czar would be a good punk band name

Keep seeing structured notes from banks, which are subordinated debt. My $0.02... they should offer returns equal to the note's expected return PLUS the bank's subordinated debt yield. In practice, they often (usually?) pay less than expected return.

Dow Jones Industrial Average: "My first 10-day losing streak since 1974..." S&P 500 Equal Weight: "One up day this month too..." S&P 500 Value and S&P 500 Low Volatility Indices: "Hold my beer..."

Wild chart...

Whoah… what in the world happened November 5th?

NEW POST: Bitcoin: Wealth Creation or Wealth Transfer? A “devil vs. angel” format to explore the debate around Bitcoin’s place in a portfolio. aptuscapitaladvisors.com/bitcoin-weal...

31% of the Mystics total home attendance for the entire 2024 season came from the two games against Caitlin Clark

Tommy used to work on the docks, Machines took his job, Now he’s out of luck—it’s tough, so tough. Foreign companies came to play, Cutting the jobs, they sent cash away, It’s rough—so rough.

$MSTR write-up... including what "Bitcoin Yield" is and who is paying it.

🌶️ take I think there is a decent (not likely) chance Soto opts out of this deal after 5 years. He’ll only be 31 earning $55mm nominal each of the next ten years. If he produces as expected, it will be a function of what contracts look like at that point.

Oh man… what did Tsunami Warning say this time!

US Corporate Profits as a % of US GDP have more than doubled the last 25 years because our companies are dominant global players that have business well beyond our borders. People love posting the market cap as % of GDP, but you never see this.

If you invested $100 in the iShares MSCI South Korea ETF ($EWY) at the end of October 2007, you would now have... $97

“I recently read about man who collects pictures of walk-off home runs. He said that the reason he did this is because this is how he views us entering heaven. Look at the faces of his teammates waiting to welcome him home. They can’t wait to celebrate with him.” Love this (stolen from Twitter).

It’s now been 10 years since perhaps the greatest scene in television history debuted, which by my calculation has paved the way for the rise of AI as we know it today www.youtube.com/watch?v=P-hU...

Convinced 99% of these artists are made up names they had ChatGPT come up with

Beware the China bulls

MSTR has at least two structural forces happening, both of which should reverse at some point… but may be a while MSTR goes higher MSTR levered ETFs forced to buy more MSTR goes higher MSTR goes higher Issue new converts to buy more BTC BTC goes higher MSTR goes higher Pure🍿

Current mood #nba East 1) Celtics 2) Cavs 3) Knicks 4) Magic 5) Pacers 6) Sixers 7) Bucks 8) Heat 9) Hawks 10) Pistons West 1) Thunder 2) Wolves 3) Nuggets 4) Warriors 5) Grizzlies 6) Suns 7) Lakers 8) Mavericks 9) Rockets 10) Spurs

MSTR mkt cap now ~$90B on ~$30B in BTC holdings. For now, they have the ultimate business model of accruing $3 of market value for every $1 of an asset they (and anyone else) can buy off an exchange This company is all the proof I've ever needed to #nevershort

Post a perfect album from the 90s that isn’t Nirvana, Pearl Jam, Soundgarden, or Alice In Chains.

Hansel Emmanuel lost his left arm when a cinderblock wall came down on him when he was six… Now playing legit D1 hoops letsgopeay.com/sports/mens-...

This is pretty wild... the AI boom

Inside The NBA is expected to continue on ABC/ESPN and will be produced by TNT Sports, according to a source briefed on the agreement.

Heading into the weekend like…

Mike Tyson's first professional boxing match was March 6, 1985. He won his first title Nov. 22, 1986. Jake Paul was born January 17, 1997. When George Foreman (was ancient and) won the title back in 1994, he was 45. Here is a picture of Wilford Brimley when he was 49. Tyson in 58.

Returns since market open the day after the election

Jokic is averaging 30-14-12 this year

Fake news: Pre-2024: speculate in taxable accounts Post-2024: speculate in retirement accounts

I really hope Mike Tyson doesn’t die on Netflix tomorrow.

How does this get solved (or does this get solved)? Through price, inflation, rates or all three?

Invalid Handle would be a good punk band name

Wemby (age 20) scored 50 point in 26 minutes tonight Pretty good

Would not have guessed this… Small caps > large caps over the trailing TTM

My least favorite economics chart… not because it’s false, but rather because it’s true.

A chart a lot of people should familiarize themselves with

Estimate of how much of the Federal Budget is provided by citizens of each state per every $100B (the Department of Education if moved back to states is ~$85B). The calculation takes into account how much each state receives from the Federal Government per $ of tax collected and population.

On Zoom jury duty right now and they are attempting to explain to those logged in how to change their Zoom names to reflect our jury badge # and I no longer have faith in humanity.

Americans complaining that people are gathering from around the world to just see a glimpse of the king, despite him being an antiquated relic of the past… while tens of thousands of Americans go on their annual pilgrimage to Omaha

stranger asks you what time it is = annoying stranger asks you what year it is = concerning stranger asks you what century it is = exciting

35…

So we’ve all collectively accepted that birthday cards now cost $6-$10? Where’s Bernie Sanders and Elizabeth Warren when you really need them?

JPM: “Here are straight forward scenarios of what to expect today” Me: “The first move on fed day is always wrong, but everyone knows it’s wrong, so it’s right… but everyone knows everyone is thinking that, so that’s wrong. Which means it’s right.”

I’m old and mature enough to finally accept and share on a platform where I have no followers that my favorite band of all-time surpassing Nirvana, Alice In Chains, The Beatles, Metallic, and Weezer is The Strokes.

The largest 5 names in the S&P 500 are 3x the entire market cap of all the companies that make up the Russell 2000 per Jefferies