Forbes’ Billionaire List is Wrong! ❌
The world’s richest person is not Elon Musk or Bernard Arnault or Zuck or Bezos. Instead, it’s Warren Buffett*
*if you back in all of the charitable contributions he’s made over the years.
$BRK.A $BRK.B
Correction to $NVDA’s insane ESPP
In the video, i said if you joined NVDA in summer 2024, you could apply the “lookback” of up to 24 month right away and buy at stock at summer 2022 prices. This part is not true. My bad and thanks to those who pointed this out.
also worth nothing that under IRS rules, “each employee cannot purchase more than $25,000 per year, valued using the fair market value on the date he/she enrolled in the current offering.”
The recent run up in Nvidia’s stock price has apparently made buying a Home in Santa Clara, which is where Nvidia is HQ’d, “Nearly Impossible Right Now”
But wait until you hear about their ESPP, or Employee Stock Purchase Plan, because it’s absolutely bonkers.
#Nvidia#ESPP
oh also, Subway is franchised and apparently it’s up to the franchisee to decide if they will accept the *coupons* sent by *corporate*. Sounds like a mess 😵
Subway Synergies: Roark Capital bought Subway and is fully leveraging its distribution channel to sell Auntie Anne’s & Cinnabon products
Last summer, Subway sold itself to private equity shop Roark Capital for $9.6 billion.
#Subway#RoarkCapital#PrivateEquity
🤦♂️ my bad, I said trillion but I meant quadrillion
In 2015, Zimbabwe's central bank offered to exchange $1 US Dollar for $35 *quadrillion* Zimbabwean dollars
Hi I’d like to make a reservation for the world’s reserve currency please
The US dollar is indisputably the world’s reserve currency, but you may be surprised that the USD is on one side of 88% of all FX transactions.
#USD#Forex#CurrencyExchange#ReserveCurrency
SoundHound's Stock Surge: Nvidia's Investment and (Inefficient) Market Dynamics
On February 15 of this year, the stock of SoundHound went absolutely berserk because Nvidia disclosed an investment in the company.
$NVDA $SOUN $NNOX
Disney-Trian: A Proxy Fight for the Keys to the Magic Kingdom
With just a month until the 2024 Disney Annual Meeting (scheduled for April 3, 2024), the proxy battle for control of the board is really intensifying.
$DIS
#Disney#TrianPartners#ProxyFight#BoardControl