Bitcoin is flat over 5 years and down -15% to -20% in real terms i.e. adjusted for inflation over the period. Thats assuming you believe the CPI headline number.
Assume someone bought it 5 years ago for $60,000.
The breakeven level on that, adjusted for inflation (March 2021 Dollars) is $72,600.
MSTR / Saylor Average is currently $75,699
MSTR annual obligations;-
STRC + STRD + STRF + STRK + Converts
1.206+0.400+0.300+0.160+0.080 = $2.146Bln USD
Requires approximately 5.8% BTC return per year.
This is just to break even and cover all financing costs.
Last 5 year inflation adjusted annualized returns?
-3.8% per year.
#wrecked
Why are PSE active accounts vanishing? Today offered a clue: a massive pump followed by a synchronized pre-close dump that erased ~1.29% from the #PSEi 30. Momentum chasers were left holding the bag—an implicit transfer frm retail, non-cartel institutions to the market’s insiders
READ: Senate President Alan Peter Cayetano has drawn more flak as the student council of his former law school said the senator “fell short” of the ethical leadership expected of him.
In its statement on Thursday, the Ateneo Law School student council expressed disappointment in the Senate president, saying his “commitment to impunity” was a “mockery” of the school’s values.
“[T]he Ateneo Law Student Council believes that Senator [Alan] Peter Cayetano fell short of the ethical leadership expected of him as an Atenean,” the student council said. [1/2] | 📸: ALS Student Council/Facebook
READ MORE: https://t.co/RRjdZeR3WO
Join our petition urging Senate to choose a new Senate President: We call for the resignation of Senator Alan Peter Cayetano as Senate President and urge our Senators to choose new leadership worthy of the institution they serve. The Senate presidency is not an ordinary political office. The position demands not only competence, but trustworthiness, truthfulness, and integrity. Today, many Filipinos across political lines no longer believe that these standards are being upheld by Senate President Cayetano. Filipinos deserve a Senate led by someone whose integrity is beyond question, whose words command belief, and whose leadership strengthens rather than diminishes the institution entrusted to him. For the good of the Senate and the nation, Senate President Cayetano must resign. https://t.co/GjzOf3KY1L
Cathie Wood might be the most expensive lesson retail investors have ever paid for.
Her flagship ARK Innovation ETF is down 23% in the last 5 years.
The S&P 500 is up 77% over the same period.
She has underperformed the index by 100 percentage points.
And she has done it while collecting BILLIONS in management fees.
A quick reminder of the highlight reel:
– She predicted Tesla would hit $3,000 per share by 2025. It is currently $432.
– She predicted Tesla revenue would hit $234 to $367 billion in 2025. The actual number came in under $100 billion.
– She made Teladoc her single largest position around $80 per share. It trades at $7 today.
– She loaded up on Zoom near $300. It trades at $110.
– She dumped almost her entire Nvidia position in January 2023 around $20 per share. Nvidia is now at $220, which means she sold the single greatest stock of this generation right before it 10x’d.
Morningstar officially labeled the ARK family of funds a “value destroyer,” noting that her funds lost roughly $14 billion in shareholder value from 2014 to 2024.
But here’s the part nobody talks about:
ARK Investment Management has been one of the most profitable asset managers of the last decade.
Wood has personally made tens of millions in fees while her investors have collectively lost real money.
This is the part of Wall Street most retail investors do not understand.
You’re not paying for performance, you’re paying for marketing.
The people who win are the ones running the fund, not the ones holding it.
This Friday, May 15, every fund managing over $100 million is legally required to disclose their Q1 2026 trades to the SEC.
We will be breaking down EVERY major filing right here the moment they drop.
Follow us with notifications before it’s too late.
If you don’t follow us, you might regret it.
Sibakin si Jonvic Remulla
Litisin si Sara Duterte
Arestuhin si Bato Dela Rosa
Patalsikin si Alan Peter Cayetano
SLAP them for slapping the Filipino people in their faces.
#ParaSaPilipinas
🚨 Dear Robin Padilla, bakit nakita ka sa NAIA Terminal 3 sa VIP area around 4:10AM?
Nag log out ka daw ng 2:35AM sa Senado. Kasama mo daw si Bato Dela Rosa.
Domestic flight.
Wang wang wang JONVIC REMULLA INUTIL KA.
#ArrestBatoNOW
Someone has to be made accountable for Bato’s escape.
No less than the DILG Secretary and PNP Chief entered the senate building last night to secure the senators.
The public was assured last night Bato was in the “5th foor, in his room, resting”. Bato’s lawyer showed a video last night of Bato supposedly in the senate.
The senate building should’ve been secured last night - no one in, no one out.
We need answers. How did Bato escape? Who helped him?
🚨 Tweety bird says Robin Padilla’s security fired the shots.
Against who and what purpose, unclear and fog of war pa din.
Pero pag yan talaga is to create a distraction for Bato Dela Rosa to escape…
…there will be hell to pay from the Filipino people! 😡
The older I get, the more I believe happiness lives in the ordinary. Pets. Plants. A quiet morning coffee. Blue sky. Cotton clouds. Birds singing. The gentle breeze through the trees. A clean, cosy house. Good food. Good hearted simple poeple. So much of life’s beauty is quiet, gentle, and already here. And somehow, one of the sweetest feelings is knowing I get to wake up and meet it all again tomorrow.
IF CLAUDE/AI IS SO USEFUL, WHY ARENT PNLS GOING UP?
I just made an important point on the @smbcapital call. You can’t go a day without reading tweets about traders using Claude. For 6 months now, Claude has been the talk of many trader calls. Yet from what I’ve seen, it’s not translating to pnl for most traders.
Why?
Because almost always, more data and information is NOT the constraint. The traders that outperformed in April did so because of their systems and execution.
It isn’t that Claude and AI shouldn’t be used or isn’t at all useful. But AI and Claude can become a distraction AWAY from the actions and changes that actually matter and translate into PNL.
If I were a betting man, Claude might have improved workflows for traders, but net, it has probably reduced trader pnl through distraction away from what matters.
"That is the thick-faced disconnect under Monzon for nearly a decade: investors losing money, companies leaving, trading was drying up, and confidence was collapsing. Yet PSE bosses still rewarded themselves as if they had just delivered a bull market." - Bilyo
Bang!
fyi.....Super brutal....
PSE officers and directors received a total of ₱112.3 million in compensation in 2025, up from ₱96.84 million in 2024, even as the local stock market sank into one of the world’s worst performers.
https://t.co/71lBSETSmG