I built and sold a #business generating more than $30m/yr in revenue in less than 5 years with $0 startup capital and no college degree. Here’s what I learned. 👇
#SaturdayThoughts
@PunterJeff@mattkratter Also let’s not forget… those same rating agencies rated MBS as investment grade investments right before the global financial crisis. Take any of their ratings with a grain of salt. @PunterJeff@mattkratter
@saylor once said if he gets to 5% of the supply, Bitcoin will be $1m/₿itcoin. If they continue to purchase 24,869 ₿itcoin/week, in 8 weeks they will have 5% of the supply, and we will be at $1m/₿itcoin. My bags are packed just in case the math maths.
Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC
https://t.co/edM1l29DZG
@themarketradar Got it. Yea - I’ve seen plenty of firms show how they “got you out” when trend flips bearish. What they don’t show is how many times the trend flipped both ways within days/weeks causing you to lose a ton of cash trading those trend changes.
@hillery_dan You’re probably better off buying T-bills. After buying protection to have 0 downside on a $1m position, you’d make $3,205 in STRC vs $4,762 in T-bills. What am I missing?
History shows that this never works. Look at the luxury tax imposed on Yachts mooring in Sardinia. They were driving the economy and all left after the tax was in place, crippling the local economy. Same will happen to NYC.
Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so.
Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations.
Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami.
These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more.
While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help.
I can’t imagine the NYC construction unions are excited about his plan.