Thom Benny

Co-founder @navexaau

Ex-finpub copywriter

I write an investment newsletter for people who prefer context over content and signal over noise.

[Thom Benny @The_Benchmark_]

@bowtiedstocks Chur mate

[Thom Benny @The_Benchmark_]

@bowtiedstocks Pride of the South

[Owen Rask @OwenRask]

One final call out to @AustralianLabor @AlboMP @JEChalmers (or anyone happy to talk long term policy and economics with 100-200k+ Aussie viewers/listeners).

We’ll fly to you, give you an entirely open platform to share your perspectives and policy (not just budget related | no name calling, just honest discussion). We will respect your time.

This is a genuine media opportunity to inform the Australian people about your economic policy.

We’ve already heard from @ajamesbragg at Parliament House yesterday and the discussion will be *extremely popular* (private feedback has been very compelling - goes live Friday).

While I’m a small business owner and represent 200k+ investors (and have been outspoken about the min CGT) I will always approach this with an open mind and let our community decide.

We’re also happy to hear from others, including independents (@DavidPocock @spenderallegra).

DMs are open. If anyone has the ALP ear - come and convince us!

[Thom Benny @The_Benchmark_]

@AndrewHammel1 The käse kaiser

[Thom Benny @The_Benchmark_]

@itsolelehmann Social conditioning > air conditioning

viel spaaaaaaaaaaaaß

[Thom Benny @The_Benchmark_]

@Jethroe111 @_Checkmatey_ Love his work. Love your work. Love to see you working together.

[Thom Benny @The_Benchmark_]

@bowtiedstocks Mate I am only starting to get my head around the bond market now and it is freaking me right out.

[Thom Benny @The_Benchmark_]

https://t.co/pzVg1DQrZV

[Thom Benny @The_Benchmark_]

OpenAI, Anthropic, Databricks and xAI have an average valuation of $624 billion, while those in the S&P index average just $116 billion.

These companies going public this year will be huge.

I explored what the history of IPOs might reveal about what's ahead...

[Thom Benny @The_Benchmark_]

@itsolelehmann Brevity is the mark of the refined LLM.

Most meaning in fewest words is best.

[Thom Benny @The_Benchmark_]

@MartyBent Loved the chat with Eric Balchunas mate. Esp. the grunge band analogies. The band that Duff was in with Scott Weiland was Velvet Revolver. Velvet Underground is a seminal 60s NYC band :)

[Thom Benny @The_Benchmark_]

If I had a dollar for every time I read 'giving young [insert nationality] a fair go' in government comms...

And I'd invested what was left after income tax...

I would still be paying a huge chunk of my vast fortune — built AFTER paying tax on the income — back to them.

[Thom Benny @The_Benchmark_]

@OwenRask The trend is clear:

https://t.co/mop4nn41uw

[Michael A. Arouet @MichaelAArouet]

Isn’t it a real mystery why more people don’t want to move to Europe?

It’s such a great environment to build your career, start and grow a business, and raise your children safely.

[Thom Benny @The_Benchmark_]

@OwenRask 'The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing.'

Wrote a piece about the insanity of countries trying to tax themselves wealthy:

https://t.co/jGjqKNIEV3

[Thom Benny @The_Benchmark_]

@Jethroe111 @saylor @MicroStrategy Psycho stacker
Cash is lame

[Thom Benny @The_Benchmark_]

@Jethroe111 Strong candidate for my newsletter this week.

[Thom Benny @The_Benchmark_]

Shocked but not surprised.

I think the more these self-crippled welfare states realize how deep a hole they've dug, the more aggressively they're going to have to claw for revenue anywhere they can get it.

And taxing energy-sapping, fat-cat capitalist scumbags is always going to go down better with the public than yet another bump to personal income taxes.

Die Linke, btw, traces all the way back to the East German SED party. They morphed and rebranded a few times when the wall came down in '89.

[Thom Benny @The_Benchmark_]

@itsolelehmann Barcelona flats are a whole other thing man. Sorry to hear. Come back!

[Thom Benny @The_Benchmark_]

@andrewmichta Ha. I got called out for saying similar recently.

AI reckons it cost up to €11M to get the legislation through... and up to €8.7 billion in cost to the bottled drinks industry.

[Thom Benny @The_Benchmark_]

The 'German industry is dead' narrative might be a psyop.

Details below: