Sam Horner

SMU 2017

[Codie Sanchez @Codie_Sanchez]

My hot take...

There is absolutely no reason why you should spend more than $5,000 on a wedding if you’re making less than $1M+ a year.

I literally got married in a parking lot wearing a $150 dress from Anthropologie with roses from the grocery store… and I was worth a few 8 figures.

The modern wedding is nothing more than a huge financial cosplay we’ve normalized for pure performance sake.

[Sam Horner @Shorner0913]

@MarioNawfal @Longhairleeroy - Interesting data point on the fact we aren't seeing Trump on camera. I agree that everyone thinks this is a loss, but it would be political suicide from him to accept that proposal. Expecting volatility still

[Austen Allred @Austen]

Kinda funny that the two stories dominating my X feed are:

1. Needing to take 5% of net worth from billionaires to prop up government spending

2. Fraudsters brazenly taking billions of dollars of taxpayer money with little being done to stop it

[Silver Santa @Silver__Santa]

#SILVER

[Not Jerome Powell @alifarhat79]

TRUMP: there will be $0 capital gains tax on crypto this year.

Me with a capital loss:

[Brandon Avedikian @bavedikian]

You can’t get a $1 million mortgage if you make $100K/year.

You can’t get a $75K car loan if you make $35K/year.

The fact that you can get $250K in student loans for a college degree where you’re expected to earn $40K/year is unacceptable and a complete failure of US society.

We have 18 year old kids making financial decisions that all but guarantee a lifetime of economic insecurity.

These kids do not have the capacity to understand the implications of the debt they are taking on.

The corrupt university system has successfully convinced them going to college is the “smart thing to do” and that it will all work out.

These colleges should have to take the financial hit when they load up 18 years olds with hundreds of thousands of dollars in debt that basic math would tell you will never be repaid.

The federal government backstopping all these student loans does nothing but enable colleges to jack up their prices every year with zero accountability.

Shameful.

[The White House @WhiteHouse]

President Trump Addresses Joint Session of Congress, March 4, 2025 https://t.co/5NSLncn9nK

[Mario Nawfal @MarioNawfal]

🚨97% OF CALIFORNIA JOB GROWTH IS GOVERNMENT HIRES, PRIVATE SECTOR IN FREEFALL

Between January 2022 and June 2024, California added just 5,400 private-sector jobs, a mere 0.07% of the 7.32 million jobs created nationwide.

Nearly all of the state’s job growth—96.5%—came from government hiring.

California’s high costs, poor public services, and harsh business climate have driven residents and major companies, like Tesla and Chevron, to relocate.

The state now faces the second-highest unemployment rate in the U.S., with businesses hiring less and leaving more.

Despite Newsom’s claims of economic leadership, critics warn that relying on public-sector growth is unsustainable.

Source: Hoover Institution

[FinancialJuice @financialjuice]

🔴 BOJ RAISES INTEREST RATES FOR FIRST TIME IN OVER A DECADE

[Megan McArdle @asymmetricinfo]

Joe Biden's problem isn't that some ageist reporters are worried that he looks a bit elderly. It's that he has now slowed down to the point where he reminds everyone who has lived through the aging of their parents or resident grandparents of what that decline looked like.

[Sam Horner @Shorner0913]

Business Insider getting caught in the Ackman-Harvard crossfire is poetic justice

[The All-In Podcast @theallinpod]

now available in full on @X

besties @allinsummit in conversation with @RayDalio
-- debt, war & peace, the fall of nations
-- China's "big storm rising"
-- "radical disorder"
-- is America's decline inevitable?
-- finding "a strong middle"
-- Dalio for prez?
++ more

[E.J. Antoni, Ph.D. @RealEJAntoni]

Here's a plain-English 🧵 on the Oct jobs report, that not only points to recession, but that something is seriously wrong w/ BLS' initial data, and it needs to be taken with a BIG grain of salt...

[Darth Powell @VladTheInflator]

Blackstone Real Estate Investment Trust (BREIT), the people everyone said would buy up all the housing, has lost $12.5b in redemptions and has $66b remaining.

They are only allowing 56% of sales requests to be honored, meaning, they are not letting investors sell.

[Chamath Palihapitiya @chamath]

Wow. Nailed it. 🤡

There’s so much emotional hand wringing and alarmism over climate change when the most prudent way to view it is through the lens of national security.

Show me a war involving the West over the past 50 years and I’ll show you a fight, directly or indirectly, over natural resources, namely oil.

The most important thing we are doing right now for our national security is getting to energy independence through solar and wind. And the biggest dividend it will pay will be in terms of peace. We will have abundant, near-cost less, renewable, carbon free energy within the decade. And stop getting entangled in wars near and abroad because of it.

The climate will be saved as well but it will be as a byproduct to the economically and socially sensible thing to do. In fact, more laws have positively impacted the fight against climate change by explicitly not mentioning climate change! BIL, CHIPS Act, IRA == Infrastructure Bill, Microchips, Inflation Reduction Act.

This may upset some folks who want to martyrize climate change but they should get over it and move on.

[Rep. David Schweikert @RepDavid]

In 2011, S&P lowered the U.S. credit rating because we had no plan to manage our sovereign debt.

A decade later and the numbers are dramatically worse.

We can't keep borrowing money without putting in place some fiscal restraint.

[litquidity @litcapital]

hello guys, some personal news

it’s my first day as a senior designer at twitter!

the role recently opened up and i am thankful for elon musk believing in me

wish me luck 🙏

[Libertarian Party @LPNational]

BREAKING: NSA denounces Chinese spy balloon, insisting the agency has spying on Americans covered already.

[litquidity @litcapital]

A hilarious story in 3 parts