Teddylumpkins

#PlatanoPower 🇩🇴 | #GirlDad💫 | #Foodie in a Hoddie | ✌🏾🫶🏽🙏🏽✊🏾 | Gaming since ‘99 | Serial Early Adopter

[ac @alessiacara]

GIANT DESK OUT NOWWWW
https://t.co/3uOK6Y5TsV ❣️

[Never Beating Those Allegations @nice_two]

Tiny Desk telling Alessia Cara no is very stupid and weird.

Her doing her own tiny desk, is why I can’t take artist like the girl from that girl group serious.

U don’t need a machine/label behind u to cater to ur fans IF you want to do it🤷🏾‍♂️

[Stats @punk9059]

It is hard to downplay the wealth transfer and liquidity event upcoming with the SpaceX IPO.

The rules were changed specifically for SpaceX to be included in the major indices before profitability and before extended public trading.

That means nearly half of all early SpaceX shares will be required to be bought by passive index funds (think QQQ, VOO, SPY, VTI).

The holders of these funds (401Ks, ETF holders, savers) will be auto-buying the SpaceX float, teeing up exit liquidity for Silicon Valley and Elon-adjacent insiders who own the majority of SpaceX shares and will be able to sell after 3 months.

This will be a major, major event for widening the already extreme wealth gap between insiders/elites and the rest of the world.

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

Imagine you spent 40 years doing the boring, responsible thing.

You opened a 401k at 23. You contributed every paycheck. You ignored the noise. You bought the index because Bogle told you to, because Buffett told you to, because every honest piece of financial advice for 30 years told you the index was the safest, most diversified, most rules-based way to own America.

The whole point was the rules.

The rules said: a company must trade for 12 months before joining the S&P 500. The rules said: it must show four consecutive quarters of GAAP profitability. The rules existed because in 1999 the index quietly bought a lot of stocks at the top, and pensioners paid the bill.

After the dot-com crash, S&P tightened the rules. Nasdaq tightened the rules. FTSE Russell tightened the rules.

For 23 years, those rules held.

Then SpaceX filed for IPO.

And the rules changed.

The S&P 500 waived the profitability requirement. Nasdaq cut its trading-history window from 90 days to 15. FTSE Russell cut its to 5.

Bloomberg Intelligence estimates the major index funds will absorb between 19% and 24% of SpaceX's float within six months. That's over $30 trillion of passive 401k and retirement money, mechanically buying a single newly public company at IPO valuations, because the rules said they had to.

Except the rules used to say they didn't.

Here's the thought exercise:

If you spend 40 years building a system designed to protect ordinary savers from buying overpriced stocks, and then you waive the protections the moment a sufficiently large stock asks you to, what was the system actually protecting?

Most of investing is about understanding what's a rule and what's a guideline.

A rule binds the rule-maker.

A guideline binds the saver.

You're allowed to find out which is which only after the fact.

[Chris D. Jackson @ChrisDJackson]

So, we’re replacing a former four-star general as Defense Secretary with… the weekend co-host of Fox and Friends?

Unbelievable. Just... wow.

[Kamala Harris @KamalaHarris]

When we vote, we win.

https://t.co/VbrfuqVy9P

[Ricky Davila @TheRickyDavila]

Both Florida republicans and Texas republicans have informed the DOJ that federal election monitors are barred from going inside their state polling places.

Both states are on the verge on flipping to blue and they know it, so cheating is their first and last resort.

[Jemele Hill @jemelehill]

Oh look, LeBron was asked about a public political statement that he made and he explained IN DETAIL why he did it.

Nick Bosa doesn’t have the guts to do this.

[𝓢𝓽𝓮𝓹𝓱 𐚁₊⊹ is waiting for act iii @negressvelaryon]

SO YOU MEAN TO TELL ME THE WITCHES ROAD WAS NEVER REAL???? JUST A PLOY SO AGATHA CAN STEAL OTHER WITCHES POWERS BUT BILLY CREATED IT??????? ALL MY BITCHES DIED FOR NOTHING BILLY YOU GOTTA COME DOWN HERE #AgathaAllAlong

[Teddylumpkins @OGTeddylumpkins]

@CentroLeaks Since 2014?!?!?!?!

[drew @hydratedangel]

y’all i’m legit begging you please don’t be stupid on tuesday

[Teddylumpkins @OGTeddylumpkins]

@theestallion This is the one, rest of hall can stop now, gotta print out the comic book cover 🤘🏾

[Snap Variants @SnapVariants]

Still no word on the split bug compensation. Please, share your thoughts on the official discord. I will put the link in the alt and the comments below. I still believe Second Dinner will make this right but we have to communicate how we feel and what we want.

[Teddylumpkins @OGTeddylumpkins]

@realitywithriss Oh man 90s kids about to go crazy

[Jeff Hoogland @JeffHoogland]

Hey @seconddinner players should be getting some amount of every split they did while the rates were wrong refunded.

The "I'm sorry" variant is fine, but it isn't remotely enough.

Split rates should also be posted in client like everything else - the are basically lootboxes.

[Teddylumpkins @OGTeddylumpkins]

@heavyspoilers Ehhhh idk about that one chief but I’d gb her an alibi 😍

[Teddylumpkins @OGTeddylumpkins]

@heavyspoilers Better

[Lea Thompson @LeaKThompson]

I was engaged to him.🤔#VoteBlueToStopTheStupid #crimeisactuallydown

[Kit Stone @bykitstone]

This is frustrating. #KAOS⚡️ barely had time to fly. It featured an eclectic cast, incredible diversity, and a twist on Greek mythology. Season 2 would've been a banger. If Netflix isn't going to allow its content to grow, give it up to another platform. It just got started! 🥺