@PrestonPysh End of an era. Thank you for your contributions and all the knowledge you’ve helped me gain over the years. Best of luck in your next chapter and hope to still see you every now and then on a BTC roundtable.
@RealCJ10 As a very young kid attending my first Braves game in an NLDS elimination game against the Giants I thought you guys were actual brothers at first 😭 #CooperstownBros
@PEoperator I run FP&A for a MM PE-backed company (my 2nd time) and this is so spot on. Last PE firm I worked for overleveraged the portco after trying to force a sale too quickly, ended up breaching covs, and lost the biz to lender. It’s a wild game, hoping for just 1 successful exit for me
@RealJimChanos We all know it’s just a placation tactic along with teasing stimulus refund checks and helicopter money to try and save face in the upcoming midterms. Their playbook has been repetitive.
TV subs saw their first quarter on quarter growth for the first time in a decade last Q. We have reached peak commoditization of streaming services.
Decision to dilute the customer experience with ads affirmed TV is a closer substitute, where I can DVR shows and skip ads.
@rayfordyoung We all def felt that way, it was devastating and such a freak play… still so many awesome memories of that team. The 76ers series was an all time favorite. Still have my shirt of the JC dunk over Embiid.
Get rid of Rich McKay, get Matty Ice into the front office, and hit the reset button on the roster. Only Ulbrich deserves to stay from current staff. Thanks for cooking in the last draft Terry but that was about it.
BTC +155% in 23 and +120% in 24. Entire holder base rotated this year, great year to keep stacking as always. Glad pet rock had its day, all fundamentally driven by the same underlying force - reckless deficit spending and unavoidable consequent printing.
If a public company went through an audit like this, the report would show a failing grade along with what is called “material weaknesses”. It would be a five alarm fire.
The result would be a period to cure these weaknesses. Otherwise, the CEO/CFO would be fired, the company would not be allowed to raise money etc.
If you’re a government and you run things this shoddily, it should be illegal to keep raises taxes to increase revenues without first passing an audit that shows you have a good handle on the taxes you already collect from residents.
Lol sad that Scott is parroting garbage like this when he actually knows it was the Fed’s actions to increase the balance sheet and M2 by 50% in response to COVID that caused it.
Scott Bessent: “The Biden administration created the worst inflation in 50 years and maybe for working Americans, the worst inflation of all time. We have pulled that number down.”
Who could’ve thought a commoditized consumer discretionary company with supply chain rooted in low wage labor markets would have future competitive headwinds 🙄
President Trump is leading the most transparent administration in American history.
By moving to unseal these documents, we hope to give the American people more answers about that fateful day in Butler, Pennsylvania.
Has been an awesome year to accumulate AMZN for long term holders lol. Surpassed $WMT for most revenue globally. Eventually they’ll go the way of $AAPL and return excess capital to shareholders when growth rate moderates.
Last quarter, AWS added $2.1 billion in total revenue.
That's the cloud giant's largest sequential increase ever.
Are investors underestimating AWS?
$AMZN