https://t.co/DCGuuBZVpz What does my portfolio look like?

chart creds @NickTimiraos @Pecker2002 @PeterMallouk

Time is the only free lunch in investing (and Inflation Is Quietly Eating Off Your Plate)

“There’s our little bitcoiner! Come on down and say hello to your cousins.”

babe are you ok? it’s already q4 and you’ve barely touched your “2025 roadmap”

https://t.co/U4efM4KrXD

They need to create a Pulitzer category for headlines just for whoever wrote this.

Of course that’s your contention. You’re a first-year associate on Morgan Stanley’s international desk. You just finished reading Business Insider and are convinced that the CCP has taken out a trillion dollars of debt …

The Howard Marks letter that was released this morning was one of the best I've read from him in a long time. He discusses a "sea change" that appears to be taking place, something he's only witnessed twice before in his 53 yr career. Here is a summary of his main points:

Just got my $BSGG airdrop. Thought I was going to be sweeping NFT floors, looks like I’m still sweeping McDonald’s floors.

Society if Facebook never came back online

“The name of the company, Evergrande Group. It is a cutting edge high-tech building manufacturer out of the growing Asian markets and is currently trading at a deep discount”

gm fellow investors

A funny lie of adult life is pretending we'll act on advice we collect: I don't revisit bookmarks. I rarely re-open Google docs. I don’t re-read Kindle highlights. Until today, my friends. I finally realized how to turn notes into action:

How nutty things got in Japan in the late 80s are fascinating: - Mortgages issued at 2x LTV - Real estate prices in Tokyo 40x comparable property in London - Total RE value in Japan was $20 trillion, 5x the entire US - Avg lifetime earnings couldn't buy a small condo in Tokyo

You think the Gamestop short squeeze is the greatest ever? Not. Even. Close. This is the story of Piggly Wiggly and one man taking on Wall Street ALONE. Buckle up, because this is one of the craziest stories in investment history.

Tony Hsieh on similarities between poker and business (from his book) “Look for opportunities beyond the game you sat down to play. You never know who you’re going to meet, including new friends for life.”

Did Jon Rahm just hit the greatest golf shot of all time?! (via @TheMasters) https://t.co/W7IQ165tid

"Does Amazon have a pricing problem" This is why the investments in logistics and infrastructure for the non Amazon ecosystem are so interesting to watch. The other points of differentiation are being eroded.