FIFA bringing in $13B and only showing $0.1B in profit is comedy.
Apparently “development and education” costs $3.9B. What exactly is FIFA researching and developing?
Let's rename it slush fund
@GavMcCracken@rickbader1@Thomas_Pannett@CRUDEOIL231@axios@BarakRavid Long $VLE.TO and $JOY.TO
VLE's decommissioning liability ($89M PV, ~$130-150M undiscount) sounds scary until you read the fine print. Wassana just got a FID extending field life to 2043. Manora, Nong Yao, Jasmine all running into the 2030s.
What am I missing?
I'm surprised more people aren't talking about this. California will hit tank bottoms for jet and diesel by July 4th.
The Asian import arbitrage is dead, local refining is tapped, and none of this is reversible for 12-18 months.
Could this be the Energy Crisis' Lehman moment?
@Crowhurst68 Lack of trading volume is a limiting factor for the stock.
My guess is that market will re-rate in 2027 when summit is ramp is more clear. Even with a correction to gold price there is a case to be made for double digit FCF yeilds.
Long $GGGOF
Breaking: JPMorgan offered a former banker $1 million to settle his lurid sex claims weeks before he filed a lawsuit that has captivated Wall Street https://t.co/Q89wY4Il86
"I've never seen anything like it before."
Oil storage tanks in the United States will run empty "somewhere in the July 4 period," Carlyle's Jeff Currie tells @flacqua https://t.co/vHoZcNL6ur
@JesseTinsley You do realize this clown is just confidently making shit up at this point. None of what he’s saying survives even five minutes of basic financial scrutiny.
🤡📉
Andrew Huberman says most men over 40 should probably be taking Cialis every single day.
The vasodilation from it that helps with erections is the same mechanism that:
- Lowers blood pressure
- Protects the brain
- Prevents strokes
Stanford's head of male sexual health, Dr. Mike Eisenberg, recommends 2.5 to 5 milligrams of tadalafil daily for most men over 40.
— Andrew Huberman on TBPN (@tbpn)
The US is pouring unprecedented amounts of money into AI in record time
Meanwhile, the real constraint is energy and grid access... in the middle of the biggest energy crisis in history
- AI = ~45% of the S&P
- Energy = ~4%
So everyone is massively overweight energy-hungry AI… while underweight the thing it literally depends on
What could go wrong
"If I told you there was one free thing you could do every Sunday that would make your kids happier, healthier, smarter, and closer to you, you'd think I was selling something."
Take your kids to church regularly. I don't care if you believe. The data is so lopsided that skipping it is the parenting equivalent of refusing vegetables because you don't like the taste.
Grades. Religious teens get As at almost twice the rate of nonreligious teens. In a class of 100, that's 24 A-students instead of 14. Church gives a kid the same academic boost as being born rich instead of poor.
College. Working-class religious kids earn bachelor's degrees at double the rate of their nonreligious peers. Middle-class kids do it at 1.5x the rate. For families without a trust fund, this is one of the most powerful forms of upward mobility social scientists have measured.
Character. Religious teens are far less likely to lie, cheat, or do things they hope their parents never find out about. They're more likely to care about racial equality, the elderly, and the poor. They reject the idea that morality is whatever works for you in the moment. That kind of kid doesn't happen by accident. It's built.
Closeness. 60% of parents of religious teens say they feel "extremely close" to their kid, compared to 50% of nonreligious parents. The kids report the same thing back. They get along better with their parents, talk about hard stuff, and actually want to spend time with their family.
Despair. Religious teens are dramatically less likely to be depressed, anxious, lonely, or feel that life is meaningless. 90% of devoted religious teens never binge drink, compared to 41% of the disengaged. Economists named the modern epidemic "deaths of despair." Regular church attendance is one of the strongest known buffers against it. Parents are spending fortunes trying to solve teen mental health. The most evidence-backed intervention is free.
Purpose. Religious young adults report higher purpose, gratitude, life satisfaction, and resilience. These are the exact traits every parent says they want their kid to have.
Here's why it works. Affluent families already surround their kids with networks of stable, accomplished adults through neighborhoods, schools, and parents' colleagues. Working and middle-class families usually don't. A congregation is often the last institution in American life that puts your kid in weekly contact with dozens of stable, employed, sober adults who know their name. It used to be called "a village." Now it barely exists outside of churches.
"But I don't believe." Your kid doesn't need your theology. They need you to show up.
"But church is boring." So is sitting through a kindergarten music recital. Parenting is the deliberate choice to be bored on purpose for someone you love.
There's a church within 15 minutes of nearly every American home. You don't need money, connections, or credentials to walk in. Nothing else in this country will surround your kid with engaged adults, teach them moral seriousness, and give them a stable weekly rhythm at zero cost.
You already drive them to practices that produce far less. The free thing on Sunday produces more, on more dimensions, than almost anything else you do as a parent.
You don't have to believe anything. You just have to take them.