David Johnson

[David Johnson @LeadSteer]

Ships safely leaving Hormuz is not proof that it’s open. It’s when ships go back in. And who the hell is going to insure a ship to return? So, today’s announcement is at best a first step – assuming the agreement holds. It’s the insurance industry that decides when SoH is open.

[Mandy @MarindaVannoy1]

Can someone please explain it to me like I'm five, why members of Congress are more upset that Elon became a trillionaire than they are that Somalis have defrauded our government out of hundreds of billions of dollars?

[Massimo @Rainmaker1973]

After Japan battled the Netherlands to a 2-2 draw, the Japanese fans stayed behind and cleaned up every single piece of trash from their section at Dallas Stadium after the game.

[David Johnson @LeadSteer]

@contang_o I like when you share trades. 🙂 It makes me think. 🤔

[David Johnson @LeadSteer]

@contang_o I have to admit, I don't get it. You need an $82 stock price by July 17 -- but earnings don't come out until around July 29. Plus, MR rates have softened.

[Race @multiplanet1]

Elon Musk got rejected by Netscape. He walked into the lobby, was too shy to talk to anyone, and walked out. Never got the job.

At his first company Zip2, the board demoted him. Twice. They refused to let him be CEO.

He got fired from PayPal as CEO while flying to his own honeymoon. The board voted him out mid air.

He almost died of malaria in 2000. Ten days in intensive care. Lost 45 pounds. A day from death.

His first child died at 10 weeks old.

His first rocket exploded. Falcon 1, flight one. Burned on the pad.

His second rocket exploded.

His third rocket exploded. The last of his money was nearly gone.

Tesla nearly went bankrupt in 2008. The closest he ever came to a nervous breakdown.

Both companies almost died on the same Christmas Eve.

He was sued by investors. Mocked by the people who built cars before him.

His childhood heroes, the astronauts who inspired him, testified against his company to Congress.

The Cybertruck window shattered on live stage in front of the world.

He overpaid for Twitter by his own admission and watched its value collapse.

He was beaten unconscious as a child and thrown down a flight of stairs.

He has said he goes to sleep alone and it kills him.

He failed in public, over and over, for thirty years.

He is the richest man in the history of the world.

The difference was never the absence of failure. It was the refusal to stop after it.

[Finding Compounders @F_Compounders]

Elon Musk staring at debris from Falcon 1, which was the part of three failed rocket launches from SpaceX's early days.

Never Give Up

[🏴‍☠️ @calvinfroedge]

The world has lost over a billion barrels of oil

We've had fake deals and fake ceasefires for months

All the big tech companies are selling stock in the most overvalued market in history

This is all a giant s*** show and it's going to end badly

[End Wokeness @EndWokeness]

Europeans discovering America is some of the best content of the internet right now:

[David Johnson @LeadSteer]

Do not fear losing. “You will lose,” Musk says. “It will hurt the first fifty times. When you get used to losing, you will play each game with less emotion.” You will be more fearless, take more risks.

[ApoStructura @ApoStructura]

If she wasn’t working for Elon Gwynne Shotwell would be hailed as an incredible success story and the most powerful woman in aerospace.

Instead it’s radio silence from the media

[Mr. Star Spangled MAGA @4thOfJuly365]

I know how Elon Musk became a trillionaire, but I don't know how Bernie Sanders, Elizabeth Warren, and Nancy Pelosi became millionaires.

[C3 @C_3C_3]

🚨BREAKING🚨

Man who was kicked out of a commune for being too lazy and woman who lied about being a Native American to steal a job from an actual Native American are mad a man who became a trillionaire after creating some of the most important companies in human history.

[Eric Nuttall @ericnuttall]

The market remains solely focused on the # of ships EXITING the Strait (~80MM Bbls to go). I'm much more interested in the # of ships ENTERING, as that is what is preventing the return of ~ 12MM Bbl/d of production:

[Suhail @Suhail]

My favorite @elonmusk quote that I often send friends:

Do not fear losing. “You will lose,” Musk says. “It will hurt the first fifty times. When you get used to losing, you will play each game with less emotion.” You will be more fearless, take more risks.

[David Johnson @LeadSteer]

@GavMcCracken immigration

[David Johnson @LeadSteer]

1 warfare
2 welfare
3 debt

[Gavin (humanist/acc) @GavMcCracken]

If you taxed (read stole) 100% of Elon’s net worth you could fund the current US government for ~50 days.

Elon went through an incredible amount of failure, stress, and suffering to create that wealth.

What will the government create over 50 days?

[Natalie F Danelishen @Chesschick01]

Bernie Sanders and AOC haven't created a single millionaire.

Elon just created 4,400 millionaires.

Socialism vs. Capitalism

[David Johnson @LeadSteer]

@GavMcCracken @EzMid22 There's no state income tax in Texas. Just property tax (~$1.80 per $100 of assessed value) and about 8% sales tax.

[Jurrien Timmer @TimmerFidelity]

Gold is creeping further and further away from its north star (global liquidity), and is probably worth a look at these levels.