Reilly White

Finance PhD, Associate Dean & Professor of Finance @UNMAnderson. “Ball of Fire.” Aguas que van, quieren volver. Opinions are my own.

[Morten N. Støstad @MortenStostad]

Great piece, with striking figures.

In states that raised minimum wages, pay has gone up -- but there has been no effect on the number of jobs.

[KRQE News 13 @krqe]

New Mexico projects $850 million revenue increase from high oil prices https://t.co/6bMhaW811H

[Justin Wolfers @JustinWolfers]

It's worth watching where the jobs are being created.

[Albuquerque Journal @ABQJournal]

BREAKING: California health sciences administrator Steve Goldstein will succeed Garnett Stokes as president of the University of New Mexico. https://t.co/zmovHXErhH

[John Benavidez @ProfBenavidez]

In recognition of a $30 million gift from James and Gail Ellis, the Anderson School of Management will be renamed The James and Gail Ellis School of Business Leadership. This is the largest philanthropic gift from an individual or couple in @UNM history. https://t.co/vzoh3XdKLF

[Reilly White @Reilly_White]

After winning the Reilly White Award for Exceptional Financery three out of the last four years, I can assure you that my awards were pre-validated by both the Reilly White Council and the Société française des reillys (SFR)

[BBC News (World) @BBCWorld]

French professor investigated for awarding himself fake prize https://t.co/7vs0o47GHD

[Grant Tosterud @granttosterudwx]

March 2026 was *by far* the hottest in New Mexico's recorded history - 4.4º warmer than the previous record. The statewide average March temperature has never been above 51.2º and this year was 55.6º. It also tied for the 2nd driest March on record.
#NMwx

[Reilly White @Reilly_White]

I say this every year, but I’m starting to think the Cleveland Browns aren’t going to win this.

[Derek Thompson @DKThomp]

In the last 20 years, the share of tenured Harvard professors who keep working after they turn 74 has increased from 3% to 43%, according to the Crimson.

(via @StefanFSchubert's fantastic newsletter)

[Scott Lincicome @scottlincicome]

New paper: US tariffs on Chinese solar panels caused 1) Chinese firms to relocate production to countries not subject to the tariffs; 2) higher solar panel prices in the US; 3) a decline in employment & wages in the US solar industry;. & 4) net US welfare losses https://t.co/gFb77kgt9G

[Reilly White @Reilly_White]

One year (and 191 counties) later, I’m up to 2,028 counties visited - only 1,116 left!

[Reilly White @Reilly_White]

I just turned 40 recently, so I decided I’m going to try and visit every county (and equivalent) in the US by the time I turn 50. So far it’s 1,837 down, 1,307 to go.

Biggest metro area I’ve never seen? Birmingham, AL (#47)

Largest city I’ve never been to? Fort Wayne, IN (#83)

[Alexander Berger @albrgr]

Such an impressive paper

[Adriana Porter Felt @__apf__]

I have always loved working with the smartest people from all over the world. they came to work for American companies, bringing energy and ideas. they become American. their children are born American. they fuel our economic engine and make America great

[J.R.R. Tolkien @JRRTolkien]

The world is indeed full of peril, and in it there are many dark places; but still there is much that is fair, and though in all lands love is now mingled with grief, it grows perhaps the greater.
—- J.R.R. Tolkien

[Boring_Business @BoringBiz_]

If you are looking for a primer on leveraged finance, restructuring or credit investing concepts, this thread is for you

Few fantastic slides from an old leveraged finance handbook by Bear Stearns

🧵

1/ Introduction to leveraged finance

[Reilly White @Reilly_White]

Here in Rancho Viejo south of Santa Fe, we’ve gotten 3.38” of rain in the last 48 hours - a full third of our average yearly rainfall! #nmwx

We’ve got only 4.28” so far this year (making this 79% of our total so far).

[Reilly White @Reilly_White]

I asked ChatGPT to invent a panel of entirely fictional New Mexico legislators, and it did not disappoint:

[Liz Ann Sonders @LizAnnSonders]

Share of hardship withdrawals in 2024 was 4.8%, more than double 2019’s share of 2.3%
⁦@Vanguard_Group⁩ ⁦@DataArbor⁩

[litquidity @litcapital]

Goldman Sachs’ research department publishing these two headlines 73 minutes apart lmao

[Joey Politano 🏳️‍🌈 @JosephPolitano]

NEW from me:

The tariffs imposed on Mexico, Canada, and China today represent the largest trade restriction in modern US history, with the potential to cause massive economic harm. This is Trump's blockade of America
https://t.co/d8P7V8XWz9