Lat

Proud alumnus of The Ohio State University. Cleveland sports addict. You don't get what you want. You get what you work for.

[Big Cat @BarstoolBigCat]

“They don’t know we’re actually winning this game analytically”

[Lat @LeftFieldLat86]

They’re hiding the Epstein files obviously

[Jesse Watters @JesseBWatters]

🚨 BREAKING: UFO FILES JUST DROPPED — and it gets WEIRD fast 👀🛸

Pentagon vids show objects making IMPOSSIBLE 90° TURNS… “NOT MAN-MADE” 💣

Reports of 3-FOOT and 4-FOOT beings, SHINY SUITS, and BODIES RECOVERED 😳👽

Now Congress says the REAL “HOLY CRAP” hasn’t dropped… what are they HIDING? 🔥

[Lat @LeftFieldLat86]

CAAAAAVS!!!

[Lat @LeftFieldLat86]

I’ve just become dumber watching demented Don mumble tonight. Just to be clear, we won the war. But we haven’t yet completed our tasks to win the few day war. But it will take 2-3 more weeks. And gas prices are up from terrorism and nothing to do with the war. America the stupid

[Ryan Cohen @ryancohen]

The Hollow Men

American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.

By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.

These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.

In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.

Today, we have severed that link.

We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.

If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.

This looting starts in the boardroom.

We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.

Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.

And for what?

Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.

They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.

And what happens when these boards hire executives who also have no personal capital at risk?

We get the Delegation Economy.

When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.

This is not management. It is intellectual money laundering.

They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.

While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.

If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.

The time for polite governance is over.

If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.

[Lat @LeftFieldLat86]

MAGA has to be losing their minds over the halftime show lol

[Lat @LeftFieldLat86]

From $40/month in 2018 to $83/month now..that’s it. YouTube tv can say goodbye to customers

[YouTube TV @YouTubeTV]

Despite our best efforts, we have not been able to reach a fair deal, and starting today, Disney programming will not be available on YouTube TV. This means you will no longer be able to watch channels like ABC and ESPN or access recordings from these networks in your Library.

[Lat @LeftFieldLat86]

@FanDuel_Support the Mike Evan’s injury is the last straw. I’ll be switching to @DKSportsbook or @ESPNBET who have reasonable and fair injury insurance. Not worth my money anymore using your service to lose on injuries

[Lat @LeftFieldLat86]

Insider trading in the White House. Convince me otherwise

[The Kobeissi Letter @KobeissiLetter]

This is unusual:

~30 minutes before President Trump's tariff announcement yesterday, a "whale" took a multi-million dollar SHORT in Bitcoin.

1 hour later, crypto saw its largest ever liquidation and this position was liquidated for +$192 MILLION in profit.

Did someone know?

[Cleveland Guardians @CleGuardians]

Swung back.

#GuardsBall | #GuardiWins

[Lat @LeftFieldLat86]

Detroit fans gotta be in total psych ward melt down 🤣

[MLB @MLB]

15.5 games back on July 8th
10.5 games back on September 1st
9.5 games back on September 10th

The @CleGuardians are TIED at the top of the AL Central on September 23rd, AND they hold the tiebreaker over the Tigers!

[MLB @MLB]

"From impossible to first place"

The @CleGuardians are ROLLING!

[Stephen @Scuba_Steve26]

Detroit Tigers: “man it’s nice to have this 15.5 game lead”

Cleveland Guardians:

[Lat @LeftFieldLat86]

GUUAAARDIAAAAANNNSSS!!!

[Lat @LeftFieldLat86]

Hopefully a bigger speed threat than @Flash_Garrett on the highway

[Daniel Oyefusi @DanielOyefusi]

Isaiah Bond announces he will be signing with the Browns. Cleveland gets a big speed threat.

[Lat @LeftFieldLat86]

USMNT sucks lol. Embarrassing we will host the next World Cup and not make it out of the group stage

[Lat @LeftFieldLat86]

I honestly wish the Cavs would’ve just sucked all season. Players mentally out of it, no effort, coaching schemes horrible, no team basketball. They look like a 35 win team this series

[Lat @LeftFieldLat86]

Only in Cleveland can you see a team win 64 games, sweep the first series in historic fashion, then just disappear like the job was finished. Honestly embarrassing

[Lat @LeftFieldLat86]

This Cavs vs Pacers series is going to get chippy