In 2011, LeBron James accepted a 2% stake in Liverpool FC through a business deal with Fenway Sports Group.
The investment has increased in value from $6.5M to $44M.
Now, with RedBird Capital investing $750M in FSG, LeBron James has been named a partner.
(H/T @MikeSilvermanBB)
In colonial India, the British government tried to control the poisonous cobra population by offering a bounty for dead cobras. Indians realized they could collect the reward simply by breeding cobras and killing them
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@gannonbreslin Yes very true, I only used for them for convenience because Apple is highest market cap asset apart from gold. But still, with 1mil Bitcoin it would have ~$20T market cap nearly double gold. What is your opinion on that?
@gannonbreslin Going to $1m would require trillions of $ to flow to the market and would put Bitcoin miles ahead of Apple with the highest market cap asset. Long on Bitcoin but don’t think 1mil is plausible
President Biden has expressed a preference for a fire built in the Oval Office fireplace, and sometimes adds a log himself to keep it going.
Unlike his recent predecessors, he's more of an early-to-bed type. Here's how Biden is settling into his new job. https://t.co/FdCGtxPXkM
The NBA issued a tersely worded statement saying teams must play the national anthem before games, after Dallas Mavericks owner Mark Cuban’s decision to skip it during this season https://t.co/DtiBeT9uzS
There's no inflation ... except the 9.5% jump in housing, 117% gain in lumber prices, 42% increase in copper, 34% gain in natural gas, 63% rise in corn, and 20% overall increase in ag prices over the past year.
But other than that, there's hardly any inflation at all.
🤡🌎:
- Citadel received $200 million from taxpayers money in 2008 bailout.
- Bernanke, who granted the bailout, now works for Citadel.
- Citadel paid Yellen nearly $1 million “speaking fees”.
- Yellen now advices Biden on the GME situation where Citadel was losing on shorts.