What amazing giveaway should we do for X users on TicketPlanner? Should we match the price of the ticket with a free HotelPlanner voucher for a hotel room of equal value, so if your concert tickets cost $200 then I’ll send you a free voucher for a hotel room for $200? Send your Ticketplanner receipt to Tim @ https://t.co/v1wiRvgE62 and I’ll match the amount in free hotel room vouchers. This promotion will last till the end of June.
We are LIVE with Sosnoff & Ratigan - talking about whether half of AI companies should go to the people. We are talking public ownership and public domination by AI.
Tune in every Wednesday at 11am CT for more from @tomunderwater and @wearelossdog https://t.co/M7QM8Tr2wM
Maja Chwalinska did not win Roland Garros, but she won the hearts of everyone over the last 3 weeks.
A journey that started from qualifying.
From world #114 to a new career high ranking of world #21.
The first qualifier in history to reach the Roland Garros final.
To think that in 2021, she stopped playing tennis for months due to a battle with depression and self doubt… Back then, it would’ve been nearly impossible for her to imagine herself in a Grand Slam final.
Her father worked as an electrician in the coal mines and her mother is a receptionist.
They worked tirelessly to support her dreams from the time she was little, and they uplifted her when she had to stop playing tennis to protect her mental health.
Her run in Paris reminded the world that if you work hard at your passion every day, if you have people who love you, and if you never give up on yourself, the ranking next to your name holds no meaning…
You can still make your own fairytale.
Congratulations on everything, Maja. 🥹
🇵🇱❤️
Mirra Andreeva won her first Grand Slam title on Saturday by downing Polish qualifier Maja Chwalinska 6-, 6-2 in the French Open final. The 19-year-old Russian is the youngest Roland Garros women's singles champion since Monica Seles in 1992.
https://t.co/kFBL49v4Q0
A 24-year-old Polish tennis player arrived in Paris last week ranked 114th in the world, with no sponsors, no guaranteed income, and no certainty she could even pay for her hotel room.
She had to win three qualifying matches just to enter the French Open main draw. Prize money is only paid at the end of the tournament, so a Polish sports drink brand quietly stepped in and covered her hotel bill.
Her name is Maja Chwalinska. And today, she plays in the French Open final.
Before this tournament, she had won exactly one Grand Slam main draw match in her entire career. She had battled depression so severe that in 2021 she couldn't get out of bed. She underwent knee surgery in 2022. She spent years grinding through small tournaments across Europe just to stay afloat.
Then she arrived in Paris, won three qualifiers, and kept winning. Zheng Qinwen. Elise Mertens. Maria Sakkari. Diana Shnaider. Nine straight matches. One set dropped.
She is now the first qualifier in French Open history to reach the final. The last time a qualifier reached a Grand Slam final, it was Emma Raducanu at the 2021 US Open. Raducanu won.
By simply making the final, Chwalinska has earned more prize money than her entire career combined. The runner-up cheque alone is $1.6 million. If she wins today, she takes home $3.25 million.
One week ago she couldn't pay for her hotel room.
Today on Sosnoff & Ratigan, we're talking the SpaceX IPO with @wearelossdog and @tomunderwater on whether it's being wildly over or undervalued. Tune in every Wednesday at 11am CT for more ! https://t.co/WunSU2sS8a
Today on Sosnoff & Ratigan, we're talking the SpaceX IPO with @wearelossdog and @tomunderwater on whether it's being wildly over or undervalued. Tune in every Wednesday at 11am CT for more ! https://t.co/WunSU2sS8a
Truly amazing that despite all of this - that Europe has more economic mobility than the USA - it shows how the American Dream has been hollowed out by money controlling politics and corruption in the tax code.
Billionaires are not all created equal.
Some build companies, jobs, and new industries. Others extract value from communities, systems, and resources while everyone else deals with it.
Sosnoff & Ratigan are live every Wednesday at 11am CT.
https://t.co/2sTMA4Y22H
Billionaires are not all created equal.
Some build companies, jobs, and new industries. Others extract value from communities, systems, and resources while everyone else deals with it.
Sosnoff & Ratigan are live every Wednesday at 11am CT.
https://t.co/2sTMA4Y22H
@CrowellBrian A fair critique. Every system, whether it’s capitalism, communism or socialism tends to end in the same place, which is concentrated control of wealth and wealth and control of government.
Which is why Monopoly controlling a captured government creates profound wealth inequality, and political alienation and why none of the political theories coming out of the Silicon Valley kingpins should be acknowledged or interpreted as anything other than self-serving to preserve their political control and platform Monopoly.
The issue has never been with capitalism as an idea. It is with the system losing its original function.
Capital was supposed to move toward people with ideas. Toward creation, renewal, risk, and productive human energy. But when the structure starts rewarding incumbency, leverage, and control more than new enterprise, it stops being a discovery system and becomes a preservation system.
The common thread is that people need access to the conditions that let something new emerge…maybe the deepest question is whether we are still building systems that create openings, or systems that close them.
https://t.co/K94EEVH8bQ
Wall Street Was Originally Built to Fund New Ideas
Before Wall Street became a global trading machine, it was something much simpler — and much more important. Its original purpose was to connect people with capital to people with ideas.
That was the entire point.
The public stock market was designed as a mechanism through which entrepreneurs could raise money, investors could share risk, innovation could acquire resources, and society could benefit from the creation of new value. At its core, capitalism was supposed to function as an allocation system. Capital flows toward productive ideas. Productive ideas create value. Value creation improves society. Investors are rewarded for backing successful innovation.
That was the basic social contract underneath public markets.
The irony is that most modern discussion about Wall Street barely mentions this original purpose anymore. Today, markets are often discussed almost entirely through the lens of speculation, trading, derivatives, financial engineering, and short-term price movement. But all of those activities were originally secondary.
The primary purpose of a stock market was never speculation itself. The primary purpose was capital formation.
Everything else existed largely to support liquidity around that function. Liquidity mattered because it encouraged investment. Investors were more willing to fund risky new ventures if they knew they could eventually sell their shares. Secondary markets made primary investment possible.
But somewhere along the way, the supporting structure became the main event.
Modern financial markets increasingly behave less like engines for funding productive innovation and more like enormous systems for trading claims against already existing assets. That distinction matters enormously.
Because a society where capital primarily circulates toward speculation, leverage, asset inflation, and monopoly consolidation behaves very differently from a society where capital flows aggressively toward new productive enterprise. One creates innovation. The other creates concentration.
Healthy capitalism depends on continuous renewal. New businesses. New technologies. New competitors. New infrastructure. New ideas.
The stock market originally existed to help society identify and fund those emerging possibilities at scale. In theory, the best ideas acquired more resources because they created the most value.
That was the promise.
Not guaranteed equality. Not guaranteed outcomes. But open competition for capital.
The danger today is that financial systems increasingly reward scale, leverage, and incumbency more than genuine innovation. Capital often flows most easily not toward the most productive idea, but toward the largest existing network, the dominant platform, or the entity already controlling infrastructure and political influence.
That is not dynamic capitalism.
That is financial gravity pulling resources toward existing concentrations of power.
This is why anti-monopoly enforcement matters so deeply. Because once markets become excessively concentrated, capital stops circulating efficiently toward new entrants. The system becomes self-reinforcing. The largest firms acquire more capital, more data, more influence, more lobbying power, more infrastructure control, and therefore even more capital.
At that point, markets stop functioning primarily as discovery systems for new ideas and begin functioning as preservation systems for existing power.
None of this means speculation is inherently bad. Speculation has always existed. Risk-taking matters. Liquidity matters. Trading matters.
But those activities only make sense if they ultimately support the deeper purpose of the system itself: connecting capital to productive human creativity.
That was the original idea.
And in many ways, that remains the central question of modern capitalism:
Are our financial systems still organized primarily to fund the future…