Ryan

Farmer learning on the fly/ investor

[Dov Kleiman @NFL_DovKleiman]

Wild: Bills QB Josh Allen says that farm life is 100% way harder than playing in the NFL.

"The stuff I'm doing is hard. The working out, the keeping your body in shape… It's not harder than moving irrigation pipe in 115 degrees."

Allen played every sport to avoid the farm.

[Bull Theory @BullTheoryio]

A man working as a welder at SpaceX for $28 an hour has just become a millionaire.

Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.

SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.

$SPCX is now trading at $167, making his shares worth over $1 million.

[MLB @MLB]

Paul Skenes was driving by a Little League field and decided to stop by 🥹

He played catch and talked with the kids for over two hours the night before he pitches against the Dodgers at PNC Park 👏

via: @FSBigBob

[Yogi @Houseofyogi]

Chicago lost the Bears this week. A team that's been in the city since 1921.

They didn't lose them to a bigger market or a better deal. The Bears decided they'd rather be a tenant in Indiana than deal with Illinois for one more year.

Think about how badly you have to run a place for that to be the smart move.

They lost them for two reasons.

The people running Illinois would rather villainize a builder than keep one. And they're bad at their jobs.

In 2021 the Bears spent $197M on the old Arlington Park racetrack.

Before they could break ground, Cook County valued the empty lot at $192M (Bears said $60M). They were salivating at the chance to extort a building that didn't even exist yet.

That fight dragged on for years.

The Bears were ready to put $2B into the stadium. All they wanted was a promise the county wouldn't reassess them into oblivion, plus $855M for infrastructure everyone uses. Roads, transit, utilities. A $3B project, two thirds of it private money pouring into Illinois.

Springfield had since 2021 to get this done. They dragged it to the final night of session, passed it through the Senate at 3:39AM, and the House went home without voting.

So now it's all gone.

The funniest part? This started because Cook County tried to grab the tax early. They knew a built stadium would pay $53M a year. Now they get under $4M on a vacant lot. No jobs, no buildout, no new anything.

Congrats on fighting for scraps and losing the whole prize.

Pritzker: they're "an $8.5B valued business" that doesn't need propping up.

But be smart for a second. Almost every NFL city throws in public money for a stadium. Not charity. The return is real. Tourism, hotels, restaurants, jobs, game days, property tax on a huge development. The math works.

Indiana did the math. While Illinois sat on it for years, Indiana passed a bill in months, put up $1B, and took the team.

And the Bears took a worse deal to get there. In Illinois they were going to own their stadium. In Indiana they rent it from the state. A team that wanted to build its own home gave up ownership just to escape Chicago.

Nobody won but Indiana. The Bears lost their stadium. Illinois lost the team, the $2B, and $53M a year in taxes.

Pritzker after they left: "I wasn't willing to give up billions of dollars of taxpayer money to give it to a billionaire-owned family or team."

There it is. "Billionaire-owned."

That's how Democrats talk about any business right before they run it out of town. Call them a billionaire, act like you're saving working families, take a victory lap while the tax base drives across the state line.

Meanwhile they're running the whole state into the ground. And you already know how this ends. You're living in it.

Pensions are $143B in the hole, worst in the country and not close. You pay $6,285 a year in property taxes, double the $2,969 national average, for a city that's $1.15B in the red. The mayor called its finances "the point of no return."

When you run things this badly, you sell what's left.

They leased the parking meters for 75 years to Morgan Stanley and a sovereign wealth fund in Abu Dhabi. Took $1.15B and burned through it in two years. The investors already made it all back, with 58 years left to collect.

Sold the Skyway. Sold the downtown garages. Every asset that made money, gone for one check.

But a fixed property tax rate for a team that's been here 106 years? That's "propping up billionaires."

Companies are leaving. Boeing for Virginia. Caterpillar for Texas. Citadel for Miami. In 2023 alone Illinois lost 56,000 people and $6B in income to other states. The ones who left earned a third more than the ones who moved in.

Indiana didn't outbid anyone. AAA credit, 16 years straight. A $676M surplus. Fourth-lowest debt per person in the country. They just weren't a disaster.

Illinois could have collected $53M a year. It chose zero. Ignore all the bad management but make sure to stick it to those evil, pesky billionaires.

[dank @cptdankkk]

Klutch Sports CEO Rich Paul says $200 million isn't as much money as athletes think

"I got guys, 22, making $200 million over the next four or five years. I'm constantly telling them that's not a lot of money based upon where you're starting, because you're starting from zero"

"How do we understand how to compound that. Everyone's not going to play into their 40s. They're done when they're 33. They're paying a 51–55% tax"

"Not to mention jeans today, the ones they want that they're buying in excess, which they probably don't really need, cost $2,000"

"No athlete can afford to fly private all the time, yet we see so many athletes on Instagram flying private"

"I fly Delta. I cannot afford to fly private, and that's okay with me. I'm just trying to get where I'm trying to go to make the money. I'm not trying to spend the money"

"The times I do fly private, you will never see it on Instagram because it's not for show"

[Brew Markets @brewmarkets]

Fun fact: Google owns 7% of SpaceX and 14% of Anthropic.

[Ryan Clark @Realrclark25]

Come here, y’all… we need a quick gym etiquette meeting. 😂

Y’all know I live at @PlanetFitness, so let me help us all out:

The equipment belongs to everybody, not just you. Get up between sets.
Four-minute phone breaks are not a workout.
We can work in together.
Learn what a superset is.
And please… move a little faster on the racks. We got places to be!

Love y’all, but some of y’all are doing cardio on Instagram.

And these are the #ChroniclesOfAfatman

#RCconfessionals #GetSlimOrLiveTrying #ShirtAllTheWayTuckedIn

[Ryan @worldofshaw]

@CoachWelch19 They just throw it all and the credit card…. Gotta keep up with the jones

[Teddy - PolyBackTest.com @Bitcoin_Teddy]

“Over the last 40 years, the United States has been exposed to something that our biology was never intended to handle,” warns former FDA Commissioner David Kessler.

[Matt Braynard @MattBraynard]

We're so back.

An entrepreneur is restoring Pizza Huts to their former glory.

[Men's Humor @MensHumor]

Mike is correct.

[The Wall Street Journal @WSJ]

Poppi co-founder Allison Ellsworth and her husband became centimillionaires when they helped sell the company for $1.95 billion to PepsiCo last year. This is how she talks to her kids about money.

Watch the full episode of The WSJ Money Interview: https://t.co/Nwr8dVYbrc

[Ryan @worldofshaw]

After getting my property tax notice thinking about pulling a @GovPritzker and removing the toilets so it’s not livable.

[Cardinals Alumni @CardinalsAlumni]

One inning, eight RBI!

On this day in 1999, Fernando Tatis became this first and only player in MLB history to hit two grand slams in the same inning!

[All day Astronomy @forallcurious]

🚨: Research shows that when parents avoids alcohol and drugs entirely, about 89% of their children follow the same path

[David Daines @daviddorg]

Stanford paid 35,000 people to quit Facebook and Instagram for 6 weeks

Depression dropped. Anxiety dropped. Happiness went up. Women under 25 on Instagram saw the biggest gains

That was 6 weeks. I'm going a full year.

[The Epoch Times @EpochTimes]

🚨 China Owns 277,336 Acres of U.S. Farmland
These land purchases are spread across the country.
Here’s what to know.

[Fox News @FoxNews]

SKYLINE SHIFT: Crowds lined the streets along Brickell Key in Miami to watch the implosion of the Mandarin Oriental, an iconic landmark of the Miami skyline.

The demolition will make way for a new hotel and residential building.

[60 Minutes @60Minutes]

“They promise you the world. They say you can make $8,000 to $10,000 to $12,000 a week,” says Daniel Sanchez, who was a driver for Super Ego under a lease-to-own contract. He says the company didn’t deliver on those promises.

[Reads with Ravi @readswithravi]

Marcus Aurelius wrote this over 1800 years ago:

“When you arise in the morning think of what a privilege it is to be alive, to think, to enjoy, to love.”