Howie Mendez

If you're the smartest person in the room, you're in the wrong room. Always listening ever learning.

[Howie Mendez @MendezHowie]

@DavidBassanese Had they made this exact common sense approach initially, they would have gotten away with their lies and everyone would have copped it, possibly begrudgingly, but copped it none the less, and moved on.

[Howie Mendez @MendezHowie]

@Haydenfreedom No, you're right. That's a fair point, and I take it back. Did I just make an assumption based on a small sample size and without the full evidence?

Hopefully the irony hasn't been for nothing.

[Howie Mendez @MendezHowie]

@Haydenfreedom The point is you're idiotically defending the indefensible through accusation of incompetency of others. Albeit unsurprisingly, you're simply cheerleading your "team" by omission.

[Howie Mendez @MendezHowie]

"Could"

[Howie Mendez @MendezHowie]

@FreedomAus80100 I think most rational and sane Aussies wouldn't care if you still identified as Greek first, as long as you contribute where you can, assimilate and adopt civilised values, which you obviously have.

[Howie Mendez @MendezHowie]

@Anneeokeefe The nerve of people not consulting you to get the green light before they proceed to speak. You should include that in your formal complaint.

[Howie Mendez @MendezHowie]

@FreedomAus80100 Let's not forget his favourable tax rulings he's forwarded.

[Howie Mendez @MendezHowie]

@thegregfleet Can't argue with someone who owns it. Well played.

[Howie Mendez @MendezHowie]

@PaulRob11880584 Your dedication to your lack of understanding is definitely something.

[Howie Mendez @MendezHowie]

@Brendon5374 Yeah screw those greedy business owners, innovators, entrepreneurs and stock market investors, hey?

[Howie Mendez @MendezHowie]

@BilsonhBilson It's entirely unsurprising it doesn't add up for you because you imbeciles use your "2 + 2 = 5, math is racist" belief system.

[End Wokeness @EndWokeness]

Bernie on how he had the money to buy 3 homes: I sold anti-capitalist books

Not satire

[Shanaka Anslem Perera ⚡ @shanaka86]

A welder took a $28 an hour job in 2015 at a company he had never heard of.

On Friday, Juan Hernandez became a millionaire.

He spent ten years building the structures that lifted rockets onto the launch pad. SpaceX paid him partly in stock, the way it paid its cooks, machinists, technicians and cafeteria staff, equity instead of bigger salaries. His $10,000 grant grew into $880,000 at the IPO price. The first day pop carried it past a million. He is 42, an immigrant from Mexico, married, three kids. He says he is keeping the job.

He is not the outlier. He is the pattern.

4,400 current and former SpaceX employees became millionaires on Friday. One in five people who ever badged into the company. About 400 of them are walking away with $100 million or more. One employee took every cash bonus in stock instead of money. He is sitting on 50,000 shares, worth more than $8 million at Friday's prices.

And then there is the other side of the cafeteria.

Some employees sold their shares years ago, certain the company would never go public because Musk said he hated public markets. A few traded their stock for restaurant gift cards. The New York Times says they are consumed by regret. Same grant, same building, same years. One group held the claim. The other ate it.

None of the winners can touch the money yet. The first selling window opens after the August earnings report, and the rest unlocks in waves through December.

Underneath all of it sits the only lesson the market ever teaches. The welder and the gift card came from the same place. The difference was never the work. It was the ownership. Salary pays for the month. Equity pays for the era.

A cook in Brownsville just answered the question every buyer of SPCX is asking at $170: what is a claim on this company actually worth?

The piece prices that exact question at $2.2 trillion.

[Howie Mendez @MendezHowie]

@TMFScottP It's largely a simplistic & uninspiring point with a typical touch of arrogance. There's a debatable degree of accuracy in his view, that he's really only reinforcing as many have previously emphasised it, but there's a self-serving irony in his generalisation & presumptuousness.

[Howie Mendez @MendezHowie]

@AshPolitik @DHughesy Two things you don't understand; your own ignorance and grandfathering.

[Howie Mendez @MendezHowie]

@CaroDiRusso Something just doesn't feel right about who it infers wrote it as it doesn't seem like it'd be the intent or the desired slur from Jacinta's detractors. Feels a strong Smollett sense about it. However, regardless of its origins, 99.99% of people would agree with your sentiment.

[Howie Mendez @MendezHowie]

@TheRealDavey2 @BleedingEdgeAM And the multinational super funds are given tax concessions in regards to "build to rent" projects. They don't want ownership flourishing. "You'll own nothing and you'll be happy."

[Howie Mendez @MendezHowie]

@Melbourne_says What is actually wrong with you?