Henry Little

Christian, husband, dad. Love to garden, read, serve my church, and wax apologetics, investing and gardening. Graham-style value investor. Soli Deo Gloria.

[Henry Little @HenryL65]

The tendency of inconvertible currencies is to create fictitious wealth bubbles, the collapse of which produces inconvenience. Standby for inconvenience.
Robert Banks Jenkinson, Lord Liverpool - May 26,1818

#markets #stocks #gold

[🇺🇸 Kyle Bass 🇹🇼 @Jkylebass]

The irony is too rich to ignore. A piece lamenting that players made “a night meant for inclusion about something else entirely” …by simply writing Bible verses on their hats. Silently. On their own caps.

Let’s think about what “inclusion” apparently means here: everyone is welcome, celebrated, and affirmed…unless you’re a religious person expressing your faith quietly, in which case you’re a problem to be ridiculed by a major sports outlet.

The players weren’t protesting. They weren’t disrupting anything. They weren’t demanding anyone agree with them. They wrote scripture on their hats. That’s it. And yet the media framing treats this as an act of aggression against inclusion…while simultaneously being deeply exclusionary toward them.

This is the core contradiction the mainstream sports media can never seem to resolve: inclusion only seems to flow in one direction. Pride Night deserves full-throated coverage and moral endorsement. A Bible verse deserves a condescending op-ed.

If a reporter wrote a piece mocking players for putting an LGBTQ+ symbol on their cap, their career would be over by morning. The double standard isn’t subtle …it’s architectural.

True inclusion, by definition, has to include people of sincere religious faith. The moment a media outlet decides that one group’s expression is a celebration and another’s is an embarrassment, they’ve stopped covering a story and started enforcing a cultural orthodoxy.

That’s not journalism…it’s a dress code. @nytimes @TheAthletic

[Henry Little @HenryL65]

@Breaking911 @RudyHavenstein Thought you could use this video in a future tweet.

[Henry Little @HenryL65]

@camolNFT For the fun of it, I calculated the CAGR of this investment (assumed a $10T ending value). I came up with ~6.19752% annual return. Someone check my math and confirm.

[Jonathan Turley @JonathanTurley]

The suggestion that the government should buy out and own 90 percent of Spirit Airlines reminds me of something Milton Friedman said: "If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."

[Erick Erickson @EWErickson]

This is the socialism you said you were voting against.

[Henry Little @HenryL65]

@hussmanjp You agree with your Senator?

[Chris Murphy 🟧 @ChrisMurphyCT]

awesome

[Erick Erickson @EWErickson]

Some time slightly less than two thousand years ago on a Friday, a carpenter’s son stood silent before the fifth Roman governor of the Roman province of Judea, Pontius Pilate.  The local leaders in Jerusalem had plotted to kill the man, named Jesus.  The plot sped with unchecked momentum when gossip began spreading Jesus had raised another man named Lazarus from the dead.

Innocent of any crimes, Pilate tried to let the man go.  But the crowd would not be placated and Pilate decided to let the crowd choose between freeing Jesus or an insurrectionary named Barabbas.  The crowd chose Barabbas.  The Roman historian Tacitus later recorded that “Christus, the founder of the name, had undergone the death penalty in the reign of Tiberius, by sentence of the procurator Pontius Pilate, and the pernicious superstition [of his divinity] was checked for a moment.”

The Romans nailed Jesus of Nazareth to a cross.  The Protestant reformer Martin Luther said that there, on that cross, the greatest sinner that ever would live breathed his last and died.  The sky went dark.  The ground quaked.  The curtain in the Jewish temple tore in half, most believing it was the act of a vandal.  The first person of the Trinity turned His back on the second person of the Trinity and even the sun refused to shine on Christ as the sins of mankind, past, present, and future were placed on Him to satisfy God’s wrath. The curtain tore because Immanuel was with us. We no longer were separated from God by the veil. Christ restored us to God.

Had Jesus of Nazareth just died, the world would have moved on.  Plenty of other men claimed to be God’s chosen Messiah.  We don’t remember any of them.  We remember this one who laid down his life for others, guilty of no crime and executed as a common criminal.  Something unique happened to Jesus.  But what?

https://t.co/TUftBnNdyO

[Henry Little @HenryL65]

@EPBResearch @grok Using this chart as context, what types of businesses are included in "transportation services"?

[Everything Georgia @GAFollowers]

They found a boa constrictor on the Beltline yesterday. Boas are not native to Georgia so we believe this is an escaped or released exotic pet.

[G. K. Chesterton @GKCdaily]

Most outcomes of modern education are uneducated men. Our education is uneducation; its whole tendency is to unteach people the traditions of their fathers.

[Owen Shroyer @OwenShroyer1776]

Look, you can be the biggest Trump supporter out there, that's fine, but if you can't admit this Bondi hearing & her handling of the Epstein Files has been a complete disaster, you're just as brainwashed & indoctrinated as the radical left that you attacked for the last 8 years.

[Edward Dowd @DowdEdward]

So I’m just going to leave this video here👇

Campaign rally in Tucson Arizona on September 12th 2024. Yes it’s real.

[Henry Little @HenryL65]

@barneyxbt Federal funds rate is extremely short-term (overnight). Mortgage rates are generally for 30 years. Longer duration increases risk, so banks charge more for that risk.

[Judy Shelton @judyshel]

Chair Powell stated in his recent video: “I have deep respect for the rule of law and for accountability in our democracy. No one—certainly not the chair of the Federal Reserve—is above the law.”

Rule of law is administered through the Department of Justice. Refusing to respond to inquiries from the DOJ about expensive refurbishments being made to the facilities of a government agency shows neither respect for rule of law nor the willingness to be accountable. Invoking the sacred cow of central bank independence is an act of transference rather than a proper response and acceptance of responsibility for exercising oversight of the institutution he heads.

Chair Powell behaves as if he is indeed above the law if he continues to ignore requests for providing relevant information—and his justification seems to be precisely because he is the chair of the Federal Reserve.

[Henry Little @HenryL65]

@RudyHavenstein Agree. Loss of life, for any reason, is not something anyone should celebrate.

[Rudy Havenstein, Senior Markets Commentator. @RudyHavenstein]

Real Fed independence would've been letting your failed hedge fund Goldman Sachs go bankrupt in 2008 instead of magically becoming a taxpayer-backed "bank."

[Rudy Havenstein, Senior Markets Commentator. @RudyHavenstein]

I had to explain to a couple real-world people this week that:

1. I think Kamala and Biden were awful, and did not vote for them, and

2. I think Trump is a completely amoral, degenerate, narcissist grifter, and didn't vote for him.

Many cannot wrap their heads around this.

[Henry Little @HenryL65]

@SteveMiran Care to run a similar analysis on housing? Or healthcare insurance? PCE/CPI is largely garbage...most already know this.

[Henry Little @HenryL65]

@TihoBrkan Sometimes "quality" is in the eye of the beholder. And sometimes (often) quality businesses become complacent or make poor capital decisions and risk their quality status.

Not disagreeing with you; just adding some nuance.