Slim 🤍

I am the stone that the builder refused

[Slim 🤍 @SlumBeautiful_]

Being honest may not get you ALOT of friends but it will always get you the RIGHT ones.

[Laughingatyou @ADominion6FIG]

I know this smile all too well. This nigga smiling like a billy goat. We ain’t getting shit this year. 🥴😭

[Longtime Black Man Here @groove_sdc]

Remember Bernie is a TERRIBLE judge of character.

Brie Brie. Tulsi. Nina Turner. Fetterman.

Now this dude.

[BBD @cotton_candiee]

I think ppl’s biggest problem with Black Americans is our unwillingness to fully assimilate. All other groups of ppl come here and immediately start kissing white ass

[UNRULY LUCIAN 🇱🇨 @dontasktolink]

Embarrassed > homeless

[Rilla🇺🇸 @Finalbossjimmy]

Akademiks knows nothing about HipHop culture

[jezz @JezziiB]

The childfree community really said "instead of making new people, what if we fully invested in the people already here?" and somehow society decided THAT was the weird option.

[Lammie_Art @Lammie_Art01]

I fell in love with this quote:

No matter your age, you’ll always wish you started younger, but today is the youngest you’ll ever be. So start today

[Monroe @moneyroe_]

Remember they told yall Turki getting into boxing would give us the fights we wanted and yall dumb asses believed it and defended it 😭😭😭 same shit about to happen with zuffa 😭 I might start doing corrupt shit too because yall are dumb and it’s easy to finesse yall 😭

[yimika| @yimikaaaa]

what a privilege it is to be able to wake up and try again.

[M.S @MalaakSafa]

Stop shaming the POOR for buying things that may not be necessary... and start shaming the RICH for profiteering off of things that are Essential.

[PeePee🎀 @peegzy1]

The plan is to MOVE. Move out. Move on. Move forward. Move up. Move smarter.

[Vonn @itsthewealth4me]

I actually think that Donald’s last act is exploding the wealth gap so large

When you think about it, it makes sense for obvious reasons

[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.

[Elizabeth Warren @ewarren]

Tech executives are warning that AI could lead to “a level of wealth concentration that will break society.”

Those are their words.

I won’t accept that future.

[JerryRigEverything @ZacksJerryRig]

The richest guy on the planet is about to rob your 401K. 👍

[DuffJuice @DuffJuice30]

Jay been doing the mid performance acapella freestyle before Drake got on.

[Slim 🤍 @SlumBeautiful_]

@TweezyBoxing 🤣

[Slim 🤍 @SlumBeautiful_]

@iamphella It needs to be divided. Drake & his fanbase are not hip hop and need to gtfo

[‏۟ @BLUNTHOVEN]

she’s like 0-4 for diss records I think Jay Z will be fine.