Justin

Seeking Wisdom; Trad Catholic

[Tyler Palmer @tyler__palmer]

SpaceX employees commuting from PV to Hawthorne after the IPO

[Elon Musk @elonmusk]

Vote them out

[Possum Reviews @ReviewsPossum]

Last night, I read the entirety of C.S. Lewis' The Screwtape Letters. It's a novel told in the form of letters written by a demon to another demon instructing him on ways to manipulate his "patient" to do evil.

This one quote sounded familiar.

[theficouple @theficouple]

Reminder for all young parents:

You only get:
- 1 Summer with your baby
- 3 with your toddler
- 9 with your child
- 5 with your teenager

This time is precious. Don’t rush it.

[Jon Root @JonnyRoot_]

Norway's World Cup team photo may be the greatest team photo of all time.

📸: 433/David Yarrow

[icebergy ❄️ @Icebergy]

they're offering spacex ipo at the grocery store checkout

[Justin @deeppatterns]

@SawyerMerritt @SpaceX sanity

[Programmer Humor @PR0GRAMMERHUM0R]

aiCompaniesRightNow

[Kenneth Dredd @KennethDredd]

Rip bogleheads

[Nebraskangooner @Nebraskangooner]

Solomon's paradox.

[Nikunj Kothari @nikunj]

All you had to do to make life changing wealth was to invest in ~every public company along the 237

[Steven @Dogetoshi]

A second plane has hit the S&P500 tower

[Hedgeye @Hedgeye]

Rule changes for the SpaceX $SPCX IPO:

Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5.

This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.

Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months.

Russell 1000 and Nasdaq 100 funds will absorb 24%.

The rules built to protect passive investors:

1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived.

2. Nasdaq cut its inclusion window from 90 trading days to 15.

3. FTSE Russell cut its to 5.

All three benchmarks are now structured to buy SpaceX at IPO pricing.

[Darth Powell @VladTheInflator]

Berkshire Hathaway fire selling

[Leshka.eth ⛩ @leshka_eth]

Anthropic valuation - $965 billion
Samsung valuation - $850 billion

Anthropic revenue - $7 billion
Samsung revenue - $230 billion

[Cernovich @Cernovich]

Whatever America is or will be, it’s not the country of 1976, and certainly not of 1776. The patriotic blood has turned from red to green. This land is an economic zone for third worldists to loot while bankers print to fund the fraud while skimming all the way up and down.

[Matt Walsh @MattWalshBlog]

You really can’t imagine a better way to celebrate our nation’s 250th birthday than listening to Trump give a speech for the 10,000th time? Not sure I believe you. At any rate, America’s birthday should not be about Trump. He isn’t the star. The country is.

[Matt Walsh @MattWalshBlog]

I’m actually pretty pissed at how badly they’ve bungled America 250. First they tried to invite Milli Vanilli and a bunch of other absurdly washed up geriatric one hit wonders. Then when that didn’t work they decided to convert the event into a Trump rally where Trump will talk about himself for 90 minutes. This should have been a massive, raucous celebration of the country and its 250 year history. Now it will be a political rally identical to the ten million other ones we’ve already seen.

[Chandler Langevin @ChandlerForPB]

This is how wars begin.