This screwworm thing is very serious. It’s very bad.
It was not seen for over 65 years and it’s back with a vengeance now.
On one hand we have fertilizer shortage & high gas cost, now this could decimate beef supply.
This needs to be national emergency 🚨
Indians being 1% of USA population were 75% of real estate buyers in certain markets like Dallas .
Buying overpriced junk homes for millions of dollars .
They have now dropped from 75% to 25%.
Home sales are collapsing.
I valued SpaceX for its IPO a few weeks ago, with minimal information and a promise to revisit the valuation, when the prospectus was made public. The prospectus is public, the offering price has been set and my update is up and running. https://t.co/zRjpD1C0wv
🚨 The preparation behind JEE Advanced AIR 1 holder Shubham.
Shubham didn't follow extreme study schedules. He slept at 10:30 pm, woke up at 6:30 am, ate simple meals, avoided social media, and focused on consistency.
He even avoided becoming dependent on air conditioning so that exam-day conditions would never affect his performance.
But his life wasn't all about studies. Every evening, he played badminton with his friend Kabeer Chhillar in their Kota hostel.
The result? Shubham secured AIR 1 with 320/360, while Kabeer secured AIR 2 with 319/360, just one mark apart.
AIR 1 and AIR 2 stayed in same hostel.
A reminder that discipline, balance, and consistency often beat extremes.
Rule changes for the SpaceX $SPCX IPO:
Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5.
This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.
Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months.
Russell 1000 and Nasdaq 100 funds will absorb 24%.
The rules built to protect passive investors:
1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived.
2. Nasdaq cut its inclusion window from 90 trading days to 15.
3. FTSE Russell cut its to 5.
All three benchmarks are now structured to buy SpaceX at IPO pricing.
Talk about a turn of events.
Exactly 9 days ago, President Trump said a deal with Iran was coming “shortly.”
Today, Iran has officially backed out of all negations with the US and is threatening to block both the Strait of Hormuz and Bab el-Mandeb.
It’s going to be an eventful month.
Home insurance in America is the largest scam.
50% chance your claim will not paid by insurer.
In case it is paid, they won’t renew your insurance.
And no other insurer will let you insure either, as the claim goes on your record.
If you are having a bad day, remember that Mohnish Pabrai had 79% of his portfolio in Micron but sold the entire stake in the middle of 2023
The stock is +1400% since then