egbertcap

@ASUEngineering alum 🇺🇸

[egbertcap @kyleegbert_]

Not my type of guy. I am ready to move on from this entitled cancer. 3 years in a row of this drama while his teammates fight for a playoff spot. Dish him in the off season. We need real leaders in the club house. #dbacks

[BUBBA🤠 @BOOBBAH91]

@Gambo987 Rehab is going well. Idk some people saying he saw him at Talking Stick Casino tonight? Why cant he rehab but also be with the team when they are in town. Lol 🤷

[unusual_whales @unusual_whales]

Holy look at this.

Moderna, $MRNA, is up 130% today.

An experimental mRNA-based vaccine succeeded in preventing cancer from coming back or spreading in a study of high-risk melanoma patients, Moderna and its partner Merck said

[Sean Frank @Seanfrank]

I was incredibly concerned with the debt.

Now I get it.

It’s never going down.
The budget will never get balanced.
Both parties don’t care and if they say they do they are lying.

Fighting about taxes is silly.
We can’t tax our way out of it.
There isn’t enough tax revenue to be extracted.

We are going to print our way out of it.
5% real inflation forever.

What’s 40 trillion in debt if we inflate the gdp to 100 trillion?

It’s the only choice.
Both sides want to keep spending.

My thesis the next 30 years:
The dollar will be worth less tomorrow than today.

The government will promise anything and spend everything.

Plan accordingly.

[Dima Zeniuk @DimaZeniuk]

Starlink satellites 🛰️🛰️

[Mark Cuban @mcuban]

Ro, I like you. You know that. But you need to read the state of the state.

The number of Deca Unicorns in Cali is growing by the day as investors chase amazing startups.

A unique feature of these 10b startups is that even if they raise a billion, little, if any of that money goes to the founders, who are now worth billions of dollars over night. They are the definition of cash poor, stock rich

How are you going to tax them ? Make them borrow money against their shares, if they can? They just raised money to grow their company and a bank will come along and loan them money ? A company that has been in business maybe less than a year ? lol

Will you take their stock if they can’t ?

Do you really think each of multiple founders, who started an amazing company in Cali and is now a billionaire, can each just pull out $250m per billion of net worth from their raise ? You know they can’t.

If this passes , and it doesn’t directly impact me at all, I won’t be a cali resident, but you can bet if I’m investing in a multi billion dollar startup, I’m asking them to move from California first.

IMO, if this passes, only idiot startup founders stay in Cali.

I’ve done it before and will do it again. Dallas. Pittsburgh. Indiana. I will make NOT being in California a pre requisite for an investment

Ideology is not a strategy Ro.

[Charlie Bilello @charliebilello]

Price Increases over last 7 years...
New Cars: +22%
Used Cars: +29%
Groceries: +33%
Shelter: +35%
Family Health Insurance: +38%
Restaurants: +39%
Transportation: +42%
Gasoline: +43%
Electricity: +43%
Auto Insurance: +50%
Fuel Oil: +56%
Home Prices: +60%
Gas Utilities: +62%
Dozen Eggs: +76%
Ground Beef: +81%
Coffee: +123%

[Debapratim @debapratim_]

Better video of the explosion
https://t.co/GRaOjujeCW

[Kevin Dahlstrom @Camp4]

One of the best tweets I’ve ever read.

[egbertcap @kyleegbert_]

Baseball

[egbertcap @kyleegbert_]

No dead zones anywhere in the world is a good enough reason to acquire quite a few customers.

[Casey Handmer @CJHandmer]

Not a serious response.

[egbertcap @kyleegbert_]

Terafab coming to Grimes County, Texas https://t.co/qhZNankgNt

[Lyn Alden @LynAldenContact]

A few common macro posts that come up over and over on this platform that you can mostly ignore.

1) “The Fed injected [X billion]…”

That’s usually the Fed recycling their maturing securities back into more of the same securities. Or the Fed doing some repo activity, adding a tiny bit of liquidity that comes back out the next day. This year, the Fed is growing their balance sheet very slowly.

2) “The Treasury bought back [X0 billion] of government bonds…”

The Treasury performing buybacks on its own debt is interesting because the deepest, most liquid capital market in the world shouldn’t need the issuer assisting with liquidity. And they could potentially shorten duration over time by issuing t-bills to buy back T-bonds, so that’s worth monitoring. But for the most part, these announcements are nothingburgers. The Treasury issues fresh liquid bonds to buy back aging less-liquid bonds. No appreciable impact on your money or investments.

3) The Treasury has [X trillion] in debt to refinance over the next 12 months, how are they possibly gonna find so many buyers?”

The vast majority of the Treasury’s debt that will be refinanced over a given year will be bought by the same entities holding it now. They’re holding t-bills, those t-bills mature into cash, and they buy the next t-bill. Money market funds, insurance companies, pensions, individuals, corporations, etc. Posting about gross refinance numbers is popular because the number is big and sensationalist, but it doesn’t mean much, which is why you hear about it for years and it’s fine. Net new issuance (about $2 trillion per year) is mostly what matters, and nothing stops that train.

4) “Banks have [X00 billion] in unrealized losses…”

Yeah that was a problem for about one quarter in spring 2023. It’s mostly a non-issue since then but whenever the quarterly number comes out, people love to report it like it’s devastating new information. The number is trending flat-to-down, and it’s a small portion of bank assets and equity capital.

Anyway, good morning. Carry on.

[Short Squeez @shortsqueeznews]

BREAKING: The Flatiron Building sold its first condo for $15.65 million, the first of 36 in the building's conversion to residential units.

Some units are listed at as much as $58.5 million. The building opened in 1902 and was the world's largest building at the time. The building has been under construction since 2019 when its last tenants moved out.

[egbertcap @kyleegbert_]

I think about this every day.

[Tanya @tanyaelisabethh]

You wake up
Your husband looks young, the same mustache he used to have over twenty years ago
There are voices in the kitchen
You sit and listen, you can make out one, two… three, three little voices all the way in the kitchen
There is the smell of pancakes in the air, along with some bacon, you are hungry
You look down, your hands, so young
As soon as you walk into the kitchen little voices all cry out your name “mama, mama!!” Hugs filled the air along with sticky syrup hands, but you do not care
By the sink there he stands, your husband
Tall, full head of blonde hair, and you cannot help but hug him. His body feels so strong, filled with youth, you take his smell in, and you stand there taking in the warmth, listening to the children arguing over who gets the last piece of bacon, watching their little feet run across the kitchen floor, memorizing everything, because this ordinary so unimportant Saturday is what you wish you could go back to the most

And then you wake up, life has gone by, you are old, the house is empty, the children are grown, your body aches

And you finally know, you finally understand that at the end of life you will not wish to have had more promotions, to have gone back for one more day of work, to of had more time to clean the house, for one more day of school, for errands, for anything else besides a slow Saturday morning where the air smells like pancakes, and the house is filled with little voices, and you are woken up to the small bodies and the smell of the little heads you love most in the entire world.

An extraordinary life is made up of ordinary days. Of a summer breeze, and small hands, of cold cheeks you kiss in the autumn afternoons, of a steady hand that holds yours, of the wonderful miracle that is having everyone you love, all with you under the same roof.

[Ben Zhang @un1c0rnioz]

Lost my phone at the office and spent 30 minutes turning the place over. Find My was disabled by MDM.

Out of ideas, I asked Claude how I could find it. It suggested tracking the Bluetooth signal strength, then wrote me a meter in about a minute.

I walked around watching the number climb. Found it.

Apparently you can just make the tool you need now.

Code: https://t.co/fmnISzHfZ2

[egbertcap @kyleegbert_]

The restaurant & food industry is hard. Don’t be fooled thinking it’s easy $.

[Mary Coleman @Mary_reports]

SALAD AND GO IS CLOSING ALL LOCATIONS.
I’m sad about this one. Loved their salads.💔

[Patrick Byrne @PatrickByrne]

If you’re not following this account of a Japanese man abroad in America, you should be.

[egbertcap @kyleegbert_]

Crazy people adding wood paneling to a scion in 26. Japanese woody.

[Rahul @sairahul1]

Mark Cuban on the next job wave.

Customized AI integration for small to mid-sized companies.

"Software is dead because everything's gonna be customized to your unique utilization. Who's gonna do it for them... And there are 33 mn companies in the US."

That person is called a Forward Deployed Engineer.

And it's the hottest job in tech right now and most people have never heard of it.

Here's the no-BS guide to what it is, what it pays, and how to become one ↓

Bookmark this.

[Elon Musk @elonmusk]

SpaceX is hiring exceptional engineering & skilled trades talent to build & operate the most powerful AI supercomputer clusters on & off Earth.

If interested, please email 3 bullet points demonstrating evidence of exceptional ability & your resume to [email protected].