Jon Fosse is gonna with the nobel prize today*. 18-1 (+1800) on Bovada betting odds. Seems like a decent way to try to make 18x today. (* Legally* I'm guessing, not advice,)
In 2025, corporate stock buybacks crossed $1 TRILLION in a year for the first time ever.
These buybacks used to be ILLEGAL.
But now, it's how corporations spend the tax breaks they're given in order to enrich their executives and wealthy shareholders.
Our tax code is a scam.
Next week’s cover, “After the Comeback,” by Pierre-Emmanuel Lyet, captures the joy on the streets of New York City after the Knicks’ historic win in Game Four of the N.B.A. Finals. https://t.co/zLRZzgL83N
@BoringBiz_ Landry Shamet is making 2.2 base and Jose Alvarado was making 4.4 base, great salaries no doubt but this is a nice bump up. And they were big contributors Plus, ya know, pricelessness and all that. 👑
@botticellibimbo Seems like a pretty clear cause for a Class Action lawsuit. Data breaches are becoming (if not already) the most common form of CA suit. If you contact the right firm you could even be class rep, make some extra $ when its resolved.
Those who celebrate @elonmusk's $1 trillion fortune need to be reminded of a simple and vital truth:
That there is a fundamental tension between extreme wealth and the very possibility of democracy.
A Berkeley history professor said he’s gone from assigning 100 pages of reading per week to 35.
Another “said the earliest version of the…course he taught required seven full books, while his most recent iteration exclusively consisted of excerpts.”
“We are now reaching a crisis point where if the number (of pages) goes down further, it’s unclear to me whether my discipline of history can really be taught,” the first one said.
US 10-year Treasuries are offering about the greatest amount of yield versus the S&P 500's earnings yield going back to 2003. Either earnings have to keep outperforming, or bonds will start looking like an increasingly attractive alternative.