finance fun facts

Facts about business, finance, and markets that I find interesting and want to share

[finance fun facts @financefunfact]

Dow Jones: Historic, Flawed, and now at an All Time High of 40,000

[finance fun facts @financefunfact]

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

[finance fun facts @financefunfact]

Oakland is adding "San Francisco Bay” in to its airport’s name

[finance fun facts @financefunfact]

This is from National Association of Stock Plan Professionals (https://t.co/m2BNwqx6LE). I guess there’s an org for everything these days

[finance fun facts @financefunfact]

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.

[finance fun facts @financefunfact]

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.”

[finance fun facts @financefunfact]

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

[finance fun facts @financefunfact]

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 😵

[finance fun facts @financefunfact]

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

[finance fun facts @financefunfact]

🤦‍♂️ 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

[finance fun facts @financefunfact]

Toy Money, Trillion-Dollar Notes, and a Triple Zero Button on ATMs

#Hyperinflation #WeimarRepublic #ZimbabweDollar #Collectables #CurrencyHistory #FinancialCrisis #Inflation #PaperMoney #Numismatics #WeimarGermany #ZimbabweHyperinflation #CurrencyCollapse

[finance fun facts @financefunfact]

The pie chart on the left adds up to 200% (87+22+11+30+7+43), but the one on the right only adds up to 197% (88+17+13+31+7+41) and I have no idea why.

[finance fun facts @financefunfact]

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

[finance fun facts @financefunfact]

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

[finance fun facts @financefunfact]

When Ruth Gottesman’s husband tragically passed away in 2022, Ruth was devastated. But she was also surprised, because her inheritance included a whopping $1 billion of stock in Berkshire Hathaway.

#BerkshireHathaway #WarrenBuffett #FirstManhattanCo #AlbertEinsteinCollege

[finance fun facts @financefunfact]

Supermicro? More like super stonks 😝

The latest company to join the S&P 500 has 20x’d in the last 2 years.

#SuperMicro #S&P500 #StockMarket #Investing #Semiconductors #CharlesLiang #Hyperscalers

[finance fun facts @financefunfact]

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

[finance fun facts @financefunfact]

@SVEmarkets Mmm would be interesting to hear an answer on this!

[finance fun facts @financefunfact]

@matt_levine I cannot remember the last time I saw a picture of the NYSE floor without Citadel's logo somewhere

[finance fun facts @financefunfact]

@matt_levine everything is securities fraud!