Here's a stunning statistic: DC-based providers received almost 30% of all Medicaid payments nationwide under the billing code for community psychiatric support. More from @stanveuger in Capital Commonsense:
I did this to myself by installing several call-transcription and meeting organization apps. That said, the number of popups that hit the instant a conference call starts, all offering to transcribe and monitor it, are still astounding and annoying.
I will say, the trick that gets played more is the markup (if at all) that comes through on accessorials and other carrier related surcharges.
I've seen "cheap" shipping rates turn into very expensive shipping invoices by not calculating the percent of orders that have these surcharges and the corresponding fees.
Most ecommerce focused 3PLs price to a ~25β35% gross margin. With no storage fees, that has to come from pick/pack + postage (assuming no fixed technology and support fees, also assuming no value added services or returns)
So a βreasonableβ postage markup is whatever, with pick/pack, still lands them in that band.
In practice, this usually comes out to 10β15%, sometimes more if pick/pack is thin.
"Our head count in Manhattan when I got to JPMorgan was 35,000 and now is 26,000. Our head count in Texas started at 11,000, now it's 33,000. That's what happens."
Jamie Dimon on why companies are leaving New York:
"Highest individual taxes, highest estate taxes, highest corporate taxes, anti-business sentiment."
"When I grew up as a kid in New York City, there were 120 of the Fortune 500 headquarters there. In the 1970s, 60 of the 120 left, including Exxon, GE, IBM, Union Carbide. They're all going to Texas."
The Hill & Valley Forum 2026
@HillValleyForum@jpmorgan@ChairmanG
I feel like we've replaced MBA-founder dogma with engineering-founder dogma. We also replaced finance background VC orthodoxy with ex-operator VC orthodoxy.
In both cases, we swapped one narrow lens for another..
There is an entire subsection of Americans that go back and forth between only two types of footwear: Cowboy boots and Hey Dudes. These people are awesome