Translation, valuations have to come way down.

"Officials"

Couple of real estate guys and his son in law

I had my first Last Word at the cocktail bar in Palm Springs where the Rat Pack used to hang. Perfect indoctrination.

Such a great cocktail. That and the Last Word.

At that valuation you’re getting xAI for free

Pants off dance off

He was an investment banker at MS and married into the Estée Lauder family. What is she trying to understand.

I’d be worried we’re turning into a theocracy except it seems unlikely Trump or Hegseth have religious bones in their bodies.

What are Patrick Reed and Dustin Johnson going to do?!

Mr. Musk,

My client demands you compensate him for the self-driving technology you’ve promised for 10 years. Bank routing instructions to follow.

Regards,

Lionel Hutz, Esq.

I smell a three-way merger with MSTR and GME

Yes, a demand letter from counsel will solve your issues.

Still love the car!

No I didn’t

2027 Tesla / SpaceX shareholder meeting is there, let’s go

Will it be cheaper than the $45k Model S?

I’m surprised Canlis isn’t, but does it really matter?

who is that? and why does he hate bouquets?

Feels like you could say that about JPM on most banking issues over the last 15 years

So many of these were questionable businesses to begin with riding the SAAS train of growth and almost zero working capital. Which is nice while it’s working…

When Compounders Fail, by Roger Lowenstein

It’s been a long ass short run in this instance.

They started charging $40 a month for Tweetdeck!?

That was point 9 - point 10 was they would purchase yellowcake with TRUMPCOIN

Bill has brought this up before, but bears reviewing given the Iran situation. Trump's form of negotiation is belligerence and bluffing, which might make sense if you are playing the game once and have no concern for how the other party (or in this case, the world) views you after the negotiation.

"Open the fuckin' strait!"

- Strait isn't open

"Two week ceasefire subject to them opening the strait"

Oh no, Liberty is here now

upvote

Then a lot of the worst people in society lose a lot of money, and we get a lot of big warehouses to house the homeless.

Seriously though, definitely higher risk I think than in previous asset heavy buildouts where it seemed clear even a bust would leave behind useful assets.