Mark Taylor

Not the one who has little, but the one who craves more, is poor. Finance, crypto, markets.

[Mark Taylor @MarkTaylormmh]

@Nepp0x Palm Beach police opened the Epstein case in March 2005, four months after that auction. The ban came two years later.

[Mark Taylor @MarkTaylormmh]

@vontrixai If he gave it away inside a year, his deduction was capped at the $70M he paid. The billion never touched his tax return.

[Mark Taylor @MarkTaylormmh]

@ubonotfound Tesla got taxpayer money too. $465M DOE loan, approved June 2009, the same month GM filed. Paid it back in 2013, nine years early.

[Mark Taylor @MarkTaylormmh]

@softarox Never saw a ban. Steve Wynn called him a “wonderful, talented guy” right after the lawsuit. Barkley banned himself instead: quit gambling for a year because “I was losing.” Then said he’d start again “whenever I get ready.”

[Mark Taylor @MarkTaylormmh]

Charles Barkley lost $1M in a day 10 to 20 times and still nearly went to prison over $400,000.

His friends had a diagnosis: "You don't have a gambling problem. You're just an idiot."

May 2006. An ESPN interview.
Barkley puts the total out loud: about $10 million.
His worst run: $2.5 million gone in 6 hours at a blackjack table.
He laughs about it.

He keeps playing.

October 2007. Wynn Las Vegas.
He signs 4 casino markers. $100,000 each.

A marker looks like credit. It isn't.
In Nevada, an unpaid marker is a bad check. And a bad check is a crime.

Barkley walks out. The $400,000 never comes back.

7 months pass.

May 2008. Wynn sues.
Then the Clark County District Attorney steps in.
Not a debt case anymore. Felony theft.
1 to 10 years in a Nevada prison.

The most famous laugh on TNT goes quiet.

Within days, a $400,000 check is in the mail.
Plus $40,000 more to the DA's office.

His statement: "I screwed up."

Gambling cost him $10 million. Not paying almost cost him 10 years.

[Mark Taylor @MarkTaylormmh]

@softarox George Shultz’s grandson Tyler worked there and brought him the problems. George sided with Holmes. Tyler ended up as one of the WSJ’s sources.

[Mark Taylor @MarkTaylormmh]

@hdfogel It’s in Greenlights, 2020. He’d already told Camila he was done with rom-coms, so the $14.5M was testing that promise, not the script.

[Mark Taylor @MarkTaylormmh]

@0x_Squirrel Parker was Dutch, in the US illegally, and never had a passport. Elvis never played a single show in Europe.

[Mark Taylor @MarkTaylormmh]

@yuradeniis Borchetta’s 2018 offer was one old album back for every new one she turned in. She signed with Republic instead.

[Mark Taylor @MarkTaylormmh]

@0xjakke He got nominated for Best Actor and Best Original Screenplay on the same film. Only Chaplin and Orson Welles had done that before.

[Mark Taylor @MarkTaylormmh]

@0xKyrex The $25k for the first store on Sunset came from Marvin Gaye and Helen Reddy. Not a bad cap table for a cookie shop.

[Mark Taylor @MarkTaylormmh]

@softarox The first Apple buy in 2016 wasn’t even his. Todd Combs or Ted Weschler made it, and Buffett added later.

[Mark Taylor @MarkTaylormmh]

@quroolarc Appreciate it. The buyers didn’t write it, they lived it.

[Mark Taylor @MarkTaylormmh]

Tesla's Roadster flew over a Semi last night, 9 years after 1,000 buyers paid $250,000 each.

On Joe Rogan, Musk brought up Peter Thiel.
Thiel once said the future was supposed to have flying cars.
Musk: "If Peter wants a flying car, we should be able to buy one."

Rogan asked if it was "a real thing."
Musk grinned. "Whether it's good or bad, it will be unforgettable."

Thursday night, outside Waco.
A white Roadster drives up an upside-down ramp.
Spins.
Drops onto the asphalt.

Then it lifts off.

Over a Cybercab. A Cybertruck. A Model Y. A Model 3. A Tesla Semi.

No wings. No rotors.
10 thrusters. 600 liters of compressed air.
Pressure tanks packed into "every usable void."
The same tank type has been linked to SpaceX rocket explosions.
Musk's safety goal: "aspire not to kill anyone in this car."

0-60 in 1 second. 230+ mph. 300 miles of range.

Here is what the clip skips.

The Roadster was first shown in 2017.
1,000 Founders Series buyers paid $250,000 each.
They are still waiting.
New production date: 2028.

Peter wanted to buy a flying car.
He can reserve one. He can't drive one.

The car flew 9 years late. Its buyers are still on the ground.

[Elon Musk @elonmusk]

Turns out the future does have flying cars

[Mark Taylor @MarkTaylormmh]

@0xjakke $250M in deposits. 9 years. 1 stunt. 0 cars.

[Mark Taylor @MarkTaylormmh]

@softarox 1,000 people are still asking the same question. Since 2017.

[Mark Taylor @MarkTaylormmh]

@yuradeniis He was 63 when he went hostile on Viacom in 1987. $3.4 billion, mostly debt. Probably why “early sixties” is the age that stuck.

[Mark Taylor @MarkTaylormmh]

@RonaldThomso A year later Hardin took Arthur Andersen’s Enron case in Houston federal court. Lost. The Supreme Court tossed that conviction in 2005, long after the firm was gone.

[Mark Taylor @MarkTaylormmh]

@callumxbt And that 40% was only federal. Minnesota has its own estate tax on top, up to 16%. He picked a bad state to die without a plan.

[Mark Taylor @MarkTaylormmh]

@0xKyrex His hat and shirt went into the Smithsonian in 1980. Five years later investors had the company. Ferrero owns the name now, bought it off Kellogg in 2019.