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@money
When property cash flows move together, every additional unit diversifies less, prices fall, and fewer projects clear developers’ return thresholds.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
A 15% value cut after 20% of construction costs are spent can still make finishing rational.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
As AI agents become coworkers, personality and irritating behavioral tics become product features, not cosmetic details.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
A company can turn AI market value into tangible economic assets by guaranteeing financing or leases with it.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Google and Nvidia are betting AI infrastructure’s downside will beat market expectations, even though either deal could fail badly.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Extrapolating the fastest-growing investment categories puts AI datacenters ahead of residential real estate in the 2030s.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Rent control lowers future housing supply by shrinking expected returns and raising the hurdle rate for new investment.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
San Francisco’s live/work program modestly increased housing supply while relying on loose, easily gamed artist eligibility rules.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Deep US capital markets help investors take the opposite side of surging bets. Thin markets let prices outrun fundamentals.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Nvidia’s strategy is not just selling GPUs. It is keeping multiple viable frontier-model companies dependent on Nvidia.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Chinese memory-chip maker CXMT rose 466% on its IPO, briefly becoming China’s most valuable listed company.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
In 1970s extreme rent control, an empty lot of rubble could be worth more than an existing building.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Nvidia is discussing backing $250 billion of OpenAI spending, making Nvidia a financial engine of OpenAI’s expansion.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
Google guaranteed $44 billion in datacenter leases and marked $815 million in expected losses, implying low-teens annual credit losses over 15 years.
Byrne Hobart
What We Periodically Relearn About Rent Control
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@money
North Korea’s apparent boom is concentrated among Pyongyang’s elites and residents of a few favored cities, leaving most of the country untouched.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
GDP measures domestic production in theory, but statisticians estimate it by adding consumption, investment, government spending, and net exports.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
A $10 billion export windfall would equal nearly one-third of North Korea’s estimated $32 billion annual gross national income.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
North Korea’s boom could raise living standards for some of its poorest people while being funded by authoritarian regimes and an ongoing war.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
Smartphones, private transport, and tolerated commerce now support services such as app-based meal delivery in Pyongyang.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
Russia’s invasion of Ukraine enabled North Korea’s recent boom by creating demand for North Korean military supplies and labor.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
Removing sanctions monitors gives China plausible deniability as cross-border trade with North Korea expands.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
An estimated 6,000–7,000 North Korean young men became casualties after being sent to fight in a war across the continent.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
North Korea’s heavy industry grew more than 10%, driven substantially by metal goods produced for export.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
North Korea trades munitions and personnel for food, fuel, fertilizer, construction materials, and alleged technical help on satellites, missiles, and submarines.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
North Korea’s economic boom has one customer, Russia, and depends on one war, making it vulnerable when that war ends.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
North Korea’s growth began with stockpile liquidation, then expanded into real production, construction, and consumption.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
A three-country barter chain links North Korea, Russia, and China: munitions and soldiers move to Russia, resources to China, and development components to North Korea.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
Since 2023, North Korea has shipped Russia about 6,700 munitions containers, potentially holding millions of artillery rounds, South Korean intelligence estimates.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
North Korean shipments have supplied up to half of the artillery ammunition Russian forces fired in Ukraine at some points.
Economics Explained
How Kim Jong Un "Accidentally" Fixed North Korea's Economy
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@money
Roughly 70% of investors in Samsung and SK Hynix were reportedly in the red, leaving many facing severe losses to life savings.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
The number of U.S. leveraged ETFs has more than doubled since 2025, and over half are single-stock products.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Some South Korean local governments pay people to get married.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
South Korea’s marriage rate declined 40% over the previous decade.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
In South Korea, 92% of leveraged-product investors were retail, while Goldman estimated margin calls reached 3.4% of adults.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Well-being does not require favorable circumstances. Present-moment awareness can make even traffic feel manageable.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Capital-expenditure booms make profits surge on paper: spenders defer costs five to ten years while recipients book revenue immediately.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Severe loneliness and financial nihilism can push young people toward leveraged risky assets, chasing a windfall as their route to financial security.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Are U.S. single-stock leveraged ETFs replaying South Korea’s concentrated household-risk episode on a slower timeline?
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Leverage turned market risk into household risk. South Korea added debt counseling to its suicide-prevention plan.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
At 24, Leopold Aschenbrenner’s Situational Awareness gained 439% in the first half, reached roughly $45 billion, then liquidated most public stocks after fivefold leverage triggered losses and margin calls.
The Prof G Pod – Scott Galloway
The Week: The $45 Billion AI Fund That Imploded
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@money
Stablecoin growth from $300 billion to $2 trillion would draw activity and resources away from the U.S. banking system.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
AI capital spending equals about 2.5% of U.S. GDP in 2026 and is projected to exceed $1 trillion the following year.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
The president’s financial disclosure forms were described as reporting $1.4 billion in crypto profits.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Allow insider trading, and investors demand lower price-to-earnings ratios, raising the cost of capital.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Every major technology boom has produced a boom-and-bust cycle, so claims that AI is fundamentally different deserve skepticism.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Hyperscalers may fund data centers from cash flow, yet debt, off-balance-sheet financing, CoreWeave, and other NeoCloud companies connect the risks.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
A roughly $1.7 trillion annual deficit cannot be closed by cutting non-defense discretionary spending alone. The arithmetic meets politics.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
If frontier AI providers raise prices, more US companies will switch to Chinese models deemed good enough.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
US stocks are valued at 236% of GDP, versus roughly 110% to 120% over the prior 25 years.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Some memory-chip companies raised prices four- to fivefold in one year, turning ordinary inflation into a shocking 300% surge.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
China is already ahead in industrial robotics, giving its manufacturing scale another strategic advantage.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Congress should ban individual members and staff from trading individual stocks to strengthen confidence in governance.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Financial innovation is not inherently harmful. Concentrated control over markets is a separate policy problem.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
Finance helped create American economic exceptionalism and could be driving either the AI boom or an AI bubble.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
The AI boom now puts economic growth on two engines: AI capital spending and stock-market wealth effects.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
The US may build AI Maseratis and Ferraris while China builds the Volkswagens that sell far more widely.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
The United States is spending seven times more than China on data centers, yet Chinese AI trails only four to nine months.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
AI spending on data centers, chips, and memory nearly quintupled in three years, from $140 billion to $750 billion.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
AI infrastructure spending is roughly $750 billion against perhaps $150–200 billion in native revenues.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
The AI boom is a two-part parlay: model companies and hyperscalers must turn massive capital spending into revenue and productivity gains.
Freakonomics Radio Network
684. He Helped Clean Up the Last Crash. Does He See Another One Coming? | Freakonomics Radio
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@money
A plateau or decline across major AI labs would be negative unless open-source models expand the market while taking share from those labs.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Higher real yields, wider credit spreads, and rising CDS costs are genuine negatives. They become especially dangerous if debt funds the AI buildout.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Operating cash flow at Microsoft, Meta, and Amazon accelerated from 28% to 32%, or 35% after one-time adjustments.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Open-source AI matters: one or two frontier models charging roughly 90% margins is an undesirable market.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Cheaper AI inference can increase usage enough to expand the total market instead of shrinking infrastructure demand.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
A public Funder AI report projected eight gigawatts of SpaceX compute, an estimate considered highly implausible.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
The market may be underestimating SpaceX as a compute company because valuations do not reflect its potential capacity.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Only hyperscalers, CoreWeave, Crusoe, and SpaceX have deployed more than 500 megawatts in one year, with SpaceX the fastest and cheapest.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
GPU availability, GPU retail pricing, DRAM spot prices, and token growth are accelerating, not decelerating.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
The evidence is broadly positive, yet the search continues for quantitative negative data instead of anecdotes or contested signals.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Routing between customized open-source and frontier models can deliver slightly better outcomes at roughly half the cost.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
The gap between contracted and spot compute pricing can create cash-flow upside as installed capacity reprices, reducing reliance on debt.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Disaggregated inference splits prefill, attention, and feed-forward computation across specialized chips instead of forcing one chip to do everything.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Inference clouds and model routers let AI companies escape dependence on one frontier-model provider’s pricing and terms.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
As installed compute reprices when contracts expire, hyperscaler cash flow can fund most or all of the buildout without heavy credit reliance.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Consensus models Blackwell and Rubin at Ampere-era monetization rates. Observed demand suggests newer capacity will command higher pricing.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Open-source AI is public markets’ “dark matter,” so public estimates may understate actual inference demand.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
A falling token-price index can reflect cheaper open-source tokens replacing expensive frontier-model tokens, not weakening demand.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Compute contracted at older prices trades below current spot rates. When contracts expire, revenue can rise even as spot prices fall.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
Some inference-cloud customers expect to pay 100% more for Blackwell capacity when current contracts expire.
Invest Like The Best
Why the Markets Are Pricing AI Wrong | Gavin Baker
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@money
The post-Brexit immigration surge followed deliberate choices on university finances, labour shortages, and humanitarian crises.
Economics Explained
The End Game of U.K Economics
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@money
EU immigration to the UK has declined consistently since Brexit, with more EU citizens leaving than arriving since 2022.
Economics Explained
The End Game of U.K Economics
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@money
A Kyrgyz farm worker could earn £15,862 in six UK months versus roughly £2,518 annually at home.
Economics Explained
The End Game of U.K Economics
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@money
The UK is shifting youth funding toward apprenticeships, entry-level jobs, work placements, and sector-specific training pipelines.
Economics Explained
The End Game of U.K Economics
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@money
The points-based system gave the UK more control over migration, and the government used it to make non-EU migration easier.
Economics Explained
The End Game of U.K Economics
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@money
UK jobs that locals reject become attractive to migrants when wages and conditions vastly beat alternatives at home.
Economics Explained
The End Game of U.K Economics
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@money
The Office for Budget Responsibility finds that the average migrant pays more in taxes than they cost in public services.
Economics Explained
The End Game of U.K Economics
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@money
The UK youth guarantee is underway, but nobody yet knows whether it matches the scale of the NEET crisis.
Economics Explained
The End Game of U.K Economics
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@money
Britain became less attractive to mobile wealth after abolishing non-domicile status, taxing worldwide assets, and raising investment-income taxes.
Economics Explained
The End Game of U.K Economics
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@money
Using immigration to treat labor shortages can resemble painkillers: immediate relief leaves the underlying condition untreated.
Economics Explained
The End Game of U.K Economics
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@money
Reducing migration may eventually force better worker training and job incentives. Workers, tuition fees, and tax revenue are lost immediately.
Economics Explained
The End Game of U.K Economics
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@money
UK universities expanded international recruitment because overseas students pay uncapped fees while domestic tuition is capped at £9,250.
Economics Explained
The End Game of U.K Economics
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@money
UK health and care visas nearly tripled from 47,000 to 146,000 in a single year, between 2022 and 2023.
Economics Explained
The End Game of U.K Economics
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@money
In 2023, dependents of UK health and care workers outnumbered the main applicants receiving those visas.
Economics Explained
The End Game of U.K Economics
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@money
UK net migration reached a record 944,000 in 2023.
Economics Explained
The End Game of U.K Economics
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@money
Britain uses immigration as a shock absorber for universities, farms, and hospitals while training, wages, housing, and productivity remain unresolved.
Economics Explained
The End Game of U.K Economics
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@money
Texas relies heavily on property taxes, so falling property values directly weaken municipal tax bases.
Wendover Productions
Why Texas Wins
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@money
Houston’s abundant developable land keeps growing demand from straining housing supply, sustaining low prices and continued construction.
Wendover Productions
Why Texas Wins
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@money
North Texas runs on cheap land, rapidly built homes, smaller suburban centers, and nearby major cities.
Wendover Productions
Why Texas Wins
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@money
Fort Worth remains cheaper than Dallas even after COVID-driven popularity pushed its housing costs and rents higher.
Wendover Productions
Why Texas Wins
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@money
Austin faces back-to-back years of a shrinking tax roll as economic conditions cool.
Wendover Productions
Why Texas Wins
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@money
Houston’s suburban growth stays relatively affordable by building into abundant space, letting supply meet demand and keeping the growth machine running.
Wendover Productions
Why Texas Wins
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@money
Four homes on one former lot can generate more total revenue than one expensive house while adding housing and density.
Wendover Productions
Why Texas Wins
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@money
Rising Austin costs push growth toward Dripping Springs, Round Rock, and Liberty Hill, where money goes further.
Wendover Productions
Why Texas Wins
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@money
Dallas attracted major businesses with airports, low operating costs, and rapid homebuilding that sustained a skilled workforce.
Wendover Productions
Why Texas Wins
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@money
Austin’s tech transformation coincided with stagnant middle-income earners and the departure of low-income residents.
Wendover Productions
Why Texas Wins
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@money
Terrabella offers five-bedroom homes under $400,000 roughly 20 miles from downtown Fort Worth.
Wendover Productions
Why Texas Wins
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@money
Texas has ranked first or second among destinations for one-way U-Haul movers every year since 2016.
Wendover Productions
Why Texas Wins
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@money
The Texas Triangle, Houston, Dallas-Fort Worth, Austin, and San Antonio, contains 70% of Texas’s population and nearly 80% of its GDP.
Wendover Productions
Why Texas Wins
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@money
Houston rejected citywide zoning in 1948 and again in the early 1960s, unlike most major American cities.
Wendover Productions
Why Texas Wins
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@money
American steel costs substantially more than European or Chinese steel, but tariffs and transportation erase much of the import savings.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Electrical codes built around incandescent lighting still restrict lower-voltage DC wiring made practical by LEDs.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
The US has not built a new greenfield cement plant in 15 years.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Advanced framing and concrete void slabs save material, yet extra labor and complexity keep them rare.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Cheaper finishes feel lower-quality when they feel thinner or look obviously different from premium materials.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Construction already uses highly efficient systems including wood trusses, wood I-joists, steel joists, insulated panels, and hollowcore slabs.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
LEDs make lower-voltage wiring feasible, but building codes still block much of that material-saving opportunity.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
On-site construction traps builders in expensive labor markets, unlike factories that relocate production to cheaper regions.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
US construction labor costs nearly double between cities at the 10th and 90th percentiles of the RSMeans index.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Katerra abandoned its initial China-sourcing strategy after US architects and builders refused to specify its products.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Fiberglass bath enclosures cost less and leak less than ceramic tile, yet customers generally prefer tile.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Prefabrication enables relocation, but manufactured-home producers commonly treat 500 miles as the practical daily truck-delivery limit.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Granite Construction spent seven years and produced an 8,500-page environmental report for a California quarry. The permit was denied.
Brian Potter
Can We Lower Construction Costs with Cheaper Labor or Materials?
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@money
Venezuela’s previous attempts at sweeping change mostly worsened conditions, making optimism about another major transition hard to defend.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Repairing and modernizing Venezuela’s oil infrastructure could cost up to $100 billion.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Venezuelan exports surged from below one million to above 1.2 million barrels per day within months.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
US Gulf Coast refineries were built for Venezuelan crude, with billions invested in cokers and deep-conversion capacity.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Venezuela’s oil revival depends on credible elections, a completed transition, and institutions investors can trust.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
A Qatari account became the neutral middleman, holding Venezuela’s oil proceeds while US-approved allowances funded operations.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Merey 16 usually sells at least $6 below Brent, with sanctions risk pushing its discount above $20.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
New Venezuela investments could be seized again if a future US or Venezuelan administration reverses today’s arrangement.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Since the 1990s, American refiners have spent billions building cokers for heavy, high-sulfur crude from Venezuela, Mexico, and Ecuador.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
With new investment, independent analysts estimate Venezuela could sustainably reach 1.5–2 million barrels daily within three to five years.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Routing Venezuela’s entire oil revenue through opaque traders with legal and reputational controversies clashes with transparent national recovery.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Congress reportedly lacks reliable answers about Venezuela’s oil collections, sale prices, and the money’s route home.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Most Venezuelan oil-sale revenue remains unaccounted for beyond funds placed in Qatar and the US Treasury.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Judgment creditors hold roughly $20 billion in claims against Venezuela, much of it tied to the court-ordered sale of Citgo.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
ConocoPhillips won more than $8.5 billion in World Bank arbitration, above $12 billion with interest, plus a separate $2 billion ICC award.
Economics Explained
Where Has Venezuela's Oil Gone?
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@money
Automakers and dealerships can earn more while selling fewer cars, weakening the incentive to restore affordability.
PolyMatter
Why the Average New Car Costs $50,000
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@money
The economy can look strong while Americans feel shut out when everyday goods grow costlier and less welcoming.
PolyMatter
Why the Average New Car Costs $50,000
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@money
Automakers earn more selling larger vehicles because their costly components barely cost more at bigger sizes.
PolyMatter
Why the Average New Car Costs $50,000
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@money
The F-150 generates an estimated 90% of Ford’s profit, including roughly $10,000 earned per sale.
PolyMatter
Why the Average New Car Costs $50,000
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@money
By 2022, Ford had discontinued every model that was not an SUV, truck, crossover, or Mustang.
PolyMatter
Why the Average New Car Costs $50,000
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@money
The pandemic taught automakers that abandoning low-margin entry-level cars could be more profitable than serving budget buyers.
PolyMatter
Why the Average New Car Costs $50,000
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@money
Trucks now account for 84% of new cars sold in America, up from roughly half in 2011.
PolyMatter
Why the Average New Car Costs $50,000
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@money
Ford sells about 2,490 F-150s daily, one every 53 seconds, making it America’s best-selling vehicle for over 40 years.
PolyMatter
Why the Average New Car Costs $50,000
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@money
About one million annual car buyers have disappeared from the market. They did not simply choose a different dealership.
PolyMatter
Why the Average New Car Costs $50,000
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@money
The PT Cruiser qualified as a light truck because removable seats and a flat floor made it a cargo van.
PolyMatter
Why the Average New Car Costs $50,000
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@money
Pickup prices rose 61% since 2009, while average pickup weight increased 32% between 1990 and 2021.
PolyMatter
Why the Average New Car Costs $50,000
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@money
Eighty percent of Americans finance new cars, and the average monthly payment has reached $777.
PolyMatter
Why the Average New Car Costs $50,000
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@money
A $20,000 new-car budget now yields no options, while $25,000 buys extremely limited and shrinking choices.
PolyMatter
Why the Average New Car Costs $50,000
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@money
Obsolete technology and closed infrastructure keep savers and companies from connecting as cheaply as possible.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
A professional track record turns investing claims into evidence investors can evaluate across months and years.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Study past bubbles and long-wave cycles to train your mind for recognizing dangerous financial conditions.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
A cheap, contained securitization short created an unusually asymmetric trade worth scaling through dedicated funds.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
DeFi creates global capital pools where people in different countries can access the same lending rates regardless of identity or location.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Portfolio thinking means imagining the future and investing where the world is going, not where it has been.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Shorting the riskiest securitization slice cost about 1% annually, versus roughly 25–40% for shorting underlying equity.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Want new opportunities? Participate directly and investigate what is actually happening instead of relying on abstract predictions.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Regulatory hostility constrained regulated crypto while unregulated growth built innovation that could move into traditional finance if restrictions ease.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Crypto’s fraudsters and grifters damaged the industry, but their abuses do not make the entire sector illegal.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
A major regulatory shift could push blockchain and crypto from the fringes into traditional finance at unprecedented scale.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
To understand a financial crisis, follow who funds risky assets, not merely the assets or public equity.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Tokenization can remove intermediaries, yet established financial relationships keep most people using them.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Legacy financial infrastructure turns missing bank accounts and dollar access into a social-justice problem.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Fiat money repeatedly creates giant, unsustainable bubbles through debt expansion.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Meditation and Tai Chi can make self-examination unavoidable, challenging your usual assumptions about reality.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Some critical financial institutions depend on three elderly specialists who understand obsolete systems, creating a terrifying continuity risk.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
People want dollars available 24/7, settled instantly, free to use, and programmable. Stablecoins can provide all four.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Smartphones reach about 85% of the world. Bank accounts reach only about 65%, despite centuries of financial infrastructure.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Blockchain is a database nobody controls, allowing information and ownership to move without a mandatory intermediary.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Information technology erased retail-wholesale spreads across most industries. Finance kept its spread.
Joys of Compounding
Chad Cascarilla - Blockchain’s Carpenter - [Joys of Compounding, EP.26]
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@money
Banks tolerate unprofitable customers because adding accounts costs little after real estate and staffing are already paid for.
PolyMatter
How America’s 4,488 Banks Work
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@money
Scale lowers costs and improves convenience, but large banks lose the ability to tailor rates to individual regions.
PolyMatter
How America’s 4,488 Banks Work
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@money
A centralized back office replaces specialists at every branch with one remote operation, sharply reducing costs.
PolyMatter
How America’s 4,488 Banks Work
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@money
Branches accumulate about half their eventual deposits within three years, making customer retention the long game.
PolyMatter
How America’s 4,488 Banks Work
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@money
Locally owned banks preserve personal relationships, small-town hospitality, and local identity in a commercial landscape built to look the same.
PolyMatter
How America’s 4,488 Banks Work
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@money
Large banks compete on convenience through digital tools, mobile deposits, and dense branch networks, especially in cities.
PolyMatter
How America’s 4,488 Banks Work
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@money
Banks with less than $10 billion in assets are exempt from the federal debit interchange cap.
PolyMatter
How America’s 4,488 Banks Work
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@money
A typical bank branch holds just under 3,000 accounts, so losing 30 customers means a 1% decline.
PolyMatter
How America’s 4,488 Banks Work
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@money
A quarter-mile of Midtown Manhattan holds roughly 50 banks, including five Chase branches. Across New York City, Chase outnumbers Starbucks.
PolyMatter
How America’s 4,488 Banks Work
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@money
Wells Fargo cannot offer rural savers high rates without sacrificing revenue in urban markets.
PolyMatter
How America’s 4,488 Banks Work
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@money
A checking account may lose money for 23 years before that customer takes out a profitable mortgage.
PolyMatter
How America’s 4,488 Banks Work
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@money
Exempt from the cap, Kentland Federal Savings & Loan offers 2% grocery cash back on debit cards. JPMorgan Chase cannot.
PolyMatter
How America’s 4,488 Banks Work
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@money
Companies are committing tens of billions over 10–20 years without knowing whether future AI demand will justify it.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
The NBA’s second salary-cap apron makes roster construction harder and increases luck’s role in building a contender.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
AI processes text and images impressively but lacks the grounded causal understanding even a two-year-old has.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Investors are building data centers for expected AI demand that technological breakthroughs could make unnecessary.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Google and Meta are borrowing hundreds of millions or billions while spending operating cash on capital expenditures.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Cheap, flexible AI software can replace forcing a company’s needs into SaaS products that never truly fit.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Austin housing prices and rents declined for three consecutive years as construction expanded.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
One proposed wealth-tax model reportedly covered a single year and included no behavioral analysis.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
AI users built venture-firm intranets with Lovable for projects once considered too expensive and slow to build conventionally.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Rapid AI tool hopping signals experimentation, but also brittleness, hallucinations, frustration, and limitations in the tools being tested.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Using AI effectively requires a programming mindset: inspect failures, iterate, and understand enough systems to repair the output.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
Wealth taxes look elegant in theory until policymakers ask how wealthy people will change their behavior.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
AI demos look simple. Reliable enterprise implementation is far harder and more frightening.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
The predicted mass loss of white-collar jobs has not arrived. Employment is growing and AI-literate workers are in higher demand.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
The AI boom is not another dot-com bubble. Its biggest risk may sit inside venture capital and private equity.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
For crossing a street blindfolded, a seeing-eye dog is still more trustworthy than a phone equipped with current AI.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
One prompt produced an imagined company’s prototype, patent, business plan, and licensing requirements in about 12 minutes.
All-In Podcast
Mark Cuban on the AI Bubble: Who Actually Gets Wiped Out?
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@money
The UK now has a record 1.35 million adults working at least two jobs, driven heavily by Gen Z.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Less pressure to leave home reduces shame, but also removes an informal force that once kept people in the labor market.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Hikikomori is a Japanese word, but comparable long-term withdrawal has been documented in South Korea, the United States, Singapore, and elsewhere.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
When good jobs cluster in expensive cities, relocating for opportunity can become financially irrational.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Nearly one million young people in the UK are NEET, the country’s highest number in more than a decade.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
For the first time since the Industrial Revolution, younger generations in wealthy countries struggle to outpace their parents’ wealth.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Youth exclusion costs more than welfare: health bills and decades of lost tax revenue follow when re-entry becomes unrealistic.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Denmark’s flexicurity model makes job loss a bridge to the next job through flexible hiring, safety nets, and retraining.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
When elderly parents supporting hikikomori children die, those children may have no income, work history, or place to go.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
The typical renter's housing share rose from under one-fifth of income in 1960 to roughly one-third today.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
In the United States, one quarter of NEETs come from families earning under $25,000. Black youth’s NEET rate is over 50% higher than white youth’s.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Unemployment statistics exclude people who stop applying for jobs, classifying them as economically inactive instead.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Between late 2022 and mid-2025, new-worker employment in AI-exposed occupations fell 6% while older-worker employment grew.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Companies dropped degree requirements publicly, yet fewer than one in 700 new hires benefited. A degree remains effectively required.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
In Sydney, rent without financial stress required A$88,000 in 2019 and A$130,000 in 2025. Young New South Wales workers earned about A$54,000.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
One in five female NEETs care for children, compared with one in 30 male NEETs.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
In Europe, voluntarily disengaged young people make up only one in five NEETs. Four in five are disconnected by circumstance.
Economics Explained
The Economy Gave Up On Young People ... It's Starting To Show
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@money
Youth sports optimized for wins, winners, and revenue produce worse outcomes for participation, player development, public health, and national sporting performance.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
League One Volleyball presents its youth-club network as women’s empowerment and a path that makes pro volleyball feel attainable.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Families often receive a club volleyball price tag without a clear breakdown of where their money goes.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
The United States has the talent. Access barriers keep it from reaching the highest levels.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Youth sports in the United States are a $40 billion annual sector growing 8–10% every year.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Youth sports hyper-specialization burns children out, while results-driven competition leaves too many children behind.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Even profitable American sports such as baseball rarely fund youth development. Families pay travel-team costs to keep pace.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Private-equity investors depend on youth volleyball’s grassroots business and have an incentive to increase club dues.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Without sports, children are more likely to develop negative perceptions of themselves.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Norway's youth-sports model prioritizes enjoyment and the desire to improve over results, scores, and rankings.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
League One Volleyball has attracted nearly $200 million in funding from private-equity firms and other investors.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Fewer than 6% of youth volleyball players compete in college, and only about 1.2% reach Division I.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
A typical competitive club volleyball season costs nearly $11,500 after four expensive tournament weekends and roughly $3,500 in dues.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Starting club volleyball at 12 can mean six additional seasons costing about $11,500 each.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
Seventy percent of US children quit organized sports by age 13, losing physical, educational, and developmental benefits.
Wendover Productions
How Private Equity Ruined American Youth Sports
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@money
China supplied Cuba 49 solar parks since early 2025, adding over 1,000 megawatts and lifting solar’s share above 20%.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
China, Russia, and others are contesting American financial and diplomatic leverage, not Cuba’s immediate shortages.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba’s crisis began when Venezuela stopped sending oil traded for Cuban food, medical labor, and political support.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba’s reforms could be genuine liberalization or an attempt to avert invasion. Díaz-Canel denies US pressure caused them.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba could open private investment while GISA captures it, leaving the military elite in control under private labels.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba received 4.2 million visitors in 2019 and earned more than $2.5 billion from tourism.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Venezuelan oil deliveries fell from nearly 100,000 barrels daily during Chávez’s later years to about 15,000 in 2025.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba’s escape routes are all blocked: no international borrowing, insufficient production, sanctions, and investment risks tied to US-market exclusion.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Global trade forces inefficient industries to become more efficient, pushing governments toward freer markets over time.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba’s hard-currency income, remittances, banking system, and informal economy are being squeezed at the same time.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
The United States sanctioned Díaz-Canel, his wife, and senior officials while direct talks with Cuba were still ongoing.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba faces rolling blackouts lasting up to 20 hours a day as state industries collapse and agriculture declines.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba directed 32% of national investment to tourism but only 12% to energy infrastructure.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Cuba is enduring its largest migration wave ever, and 78% of those remaining say they plan to leave.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
After Cuba’s 2021 devaluation, a $200 import’s accounting cost jumped from 200 pesos to 4,800 pesos overnight.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
At its peak, Venezuela sent Cuba nearly 100,000 barrels of oil daily while Cuba sent about 40,000 personnel.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
With 84% of water-pumping systems dependent on electricity, about one million Cubans needed diesel tanker trucks for clean water.
Economics Explained
Cuba Was Barely Holding On… And Then The Oil Ran Out
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@money
Global net worth is about $600 trillion, or roughly $75,000 for every person worldwide.
Economics Explained
Why Is the World In So Much Debt
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@money
Households and retirement accounts invested about $753 billion in equities in 2025. Corporations repurchased $1.020 trillion.
Economics Explained
Why Is the World In So Much Debt
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@money
R&D and capital expenditures by the largest technology companies increased nineteenfold over fifteen years, creating a potential AI-driven investment cycle.
Economics Explained
Why Is the World In So Much Debt
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@money
Because the latest transaction sets market value, a selling rush can vaporize trillions in paper wealth.
Economics Explained
Why Is the World In So Much Debt
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@money
Quantitative tightening, higher interest rates, inflation, and shrinking money supplies threaten globally elevated balance sheets.
Economics Explained
Why Is the World In So Much Debt
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@money
Falling asset prices raise loan-to-value ratios, forcing indebted households and governments to sell, cut spending, and repay debt.
Economics Explained
Why Is the World In So Much Debt
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@money
Foreign demand for US Treasuries, bonds, and equities channels global savings into US assets, lowering rates and lifting valuations.
Economics Explained
Why Is the World In So Much Debt
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@money
More money chasing assets can raise prices and global net worth without creating matching tangible value.
Economics Explained
Why Is the World In So Much Debt
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@money
Intellectual property and developed software account for less than 5% of global wealth.
Economics Explained
Why Is the World In So Much Debt
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@money
People can gain or lose millions simply by holding shares while other investors bid prices up or panic-sell.
Economics Explained
Why Is the World In So Much Debt
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@money
The richest 1% of global households owned more than 20% of total wealth in 2024.
Economics Explained
Why Is the World In So Much Debt
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@money
A healthy growing economy discourages households from hoarding unproductive assets and piling on debt.
Economics Explained
Why Is the World In So Much Debt
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@money
A company’s value includes culture, expertise, brand power, and expected future profits, not just physical assets.
Economics Explained
Why Is the World In So Much Debt
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@money
Households own roughly 95% of global wealth, reaching $539 trillion heading into 2025.
Economics Explained
Why Is the World In So Much Debt
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@money
A doubling land price can double measured wealth without making its owner materially more prosperous.
Economics Explained
Why Is the World In So Much Debt
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@money
Global wealth is four times its 2000 level, while global GDP has risen only about 40%.
Economics Explained
Why Is the World In So Much Debt
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@money
Since 2000, price increases drove 75% of net-worth growth. Inflation drove 38% of price growth, while investment drove 28%.
Economics Explained
Why Is the World In So Much Debt
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@money
Real estate accounts for nearly 70% of humanity’s cumulative real wealth, despite the frenzy over AI and technology.
Economics Explained
Why Is the World In So Much Debt
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@money
Over 25 years, the world created $35 of new wealth for every $1 of net new investment.
Economics Explained
Why Is the World In So Much Debt
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@money
Prompting and shaping build behavior iteratively: provide cues, reinforce approximations, and narrow the criterion until the target behavior is achieved.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Learning environments that forgive failure matter because punishment interferes with learning better responses.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Sales and gambling use variable-ratio schedules. The number of responses required for reward keeps changing.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Fail to reward a newly learned behavior immediately and the learner may decide the behavior was wrong.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Continuous rewards teach behavior. Intermittent rewards maintain already learned behavior more efficiently.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
The conventional 9-to-5 wage system rewards time, even though fixed-interval schedules discourage effort beyond the minimum.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Ratio schedules depend on the number of responses. Interval schedules depend on elapsed time.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
A Skinner box let researchers control conditions and study how reinforcers shaped conditioned behavior in animals.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
A cricket match ticket can powerfully motivate someone in a cricket-oriented country while meaning little to most Americans.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
The Premack principle uses access to a preferred activity as the reward for completing a less preferred activity.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
During extinction, unwanted behavior can intensify or change tactics to recover reinforcement before the behavior declines.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Perverse incentive systems can drive increasingly foolish or harmful behavior. Incentives exert powerful control over human cognition and behavior.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Federal Express improved package handling by paying night-shift workers per shift instead of per hour.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
Xerox’s superior new machine sold poorly because sales commissions favored the inferior machine.
Shane
The Power of Incentives: The Hidden Forces That Shape Behavior
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@money
The University of Michigan’s shift from telephone interviews to online polling made responses more negative.
Noah Smith
Roundup #84: Bears on bikes
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@money
Setting extinction’s value to zero treats endless human existence at baseline consumption as no better than extinction.
Noah Smith
Roundup #84: Bears on bikes
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@money
In objective tasks, interacting with baseline AI improved accuracy by 0.12 standard deviations.
Noah Smith
Roundup #84: Bears on bikes
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@money
Excess weight is a manageable physical impediment, not an identity-defining part of the self.
Noah Smith
Roundup #84: Bears on bikes
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@money
Economists can calibrate the value of death from risky behavior data, radically changing benefits required to justify existential risk.
Noah Smith
Roundup #84: Bears on bikes
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@money
One AI-risk model accepts a one-in-three chance of human extinction for a two-thirds chance of 55-fold higher living standards.
Noah Smith
Roundup #84: Bears on bikes
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@money
Treating extinction as zero utility makes eternal existence at baseline consumption as valuable as extinction.
Noah Smith
Roundup #84: Bears on bikes
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@money
Reweighting the University of Michigan survey toward Pew’s sample raises its reading toward 2013 levels.
Noah Smith
Roundup #84: Bears on bikes
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@money
GLP-1 users may be more purposeful than nonusers, so better relationship and employment outcomes may partly reflect selection.
Noah Smith
Roundup #84: Bears on bikes
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@money
Income data contradict the story that Millennials are broadly falling behind because Boomers ruined their prospects.
Noah Smith
Roundup #84: Bears on bikes
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@money
Single women taking GLP-1 drugs were 29% more likely to marry or cohabit within three years than comparable nonusers.
Noah Smith
Roundup #84: Bears on bikes
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@money
Generative-AI adoption increased entry-level headcount, contradicting claims that AI is replacing entry-level hiring.
Noah Smith
Roundup #84: Bears on bikes
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@money
Germany and Japan deindustrialized despite buying more manufactured goods, losing intermediate-goods market share instead.
Noah Smith
Roundup #84: Bears on bikes
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@money
At equivalent ages, Millennials have fewer people below $30,000 and more above $40,000 than earlier generations.
Noah Smith
Roundup #84: Bears on bikes
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@money
Across 1,500 people and 30 decision environments, AI advice moved users away from initial leanings despite sycophancy.
Noah Smith
Roundup #84: Bears on bikes
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@money
The Pax Americana order is resetting, not necessarily retreating. The world still needs the United States.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
The best investors back entrepreneurs eager to make the world better through whatever work they pursue.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
AI can make information work smarter while quietly replacing the colleague relationships where collaboration and knowledge grow.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Language models default to generalities and averages. Your knowledge, experience, ideas, and creativity make outputs useful.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Move from information to a participation decision quickly, so partners’ time is not wasted.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
The most efficient workday can also shrink the human networks that make work possible.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
An operating company’s specific risks can swamp the macro exposure, so higher energy prices may not deliver the expected outcome.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Liberty Mutual’s investment platform manages approximately $120 billion in capital.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
A brilliant vision that cannot be communicated stays trapped in one person’s head.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
A powerful institutional brand is not enough. Winning also requires creative structures, speed, and risks conventional institutions avoid.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Data centers can become too large for insurance balance sheets alone, creating a need for third-party capital.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Technology feels uniquely disruptive today. The Industrial Revolution created similarly dramatic social differences within 15 years.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
America remains the world’s “shining city on a hill.” Gratitude for citizenship means contributing every day.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Portfolio construction balances liquidity with long-term investments so Liberty Mutual Group can meet obligations and add businesses.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Geopolitical change matters to investors through economic architecture, especially rebuilt energy systems and supply chains.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Liquidity management is central to constructing a broader investment portfolio, not an operational afterthought.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
A strong balance sheet expands an insurer's options: underwriting more risks and making more investments.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Investment strength matters to policyholders because it keeps insurers capable of paying claims through severe, prolonged trouble.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
In 2030, some trillion-dollar companies will not exist yet, while today’s mega-companies may disappear.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Policyholder premiums can fund infrastructure, entrepreneurs, and jobs, turning insurance float into fuel for economic growth.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
Insurance does two jobs at once: syndicating risk and investing premiums to support economic growth.
Invest Like The Best
Investing a $120 Billion Balance Sheet with No Outside Investors
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@money
The strongest financial plan fits your psychology and life instead of copying advice that works for someone else.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
People notice your wealth less than you think. They usually imagine themselves enjoying your possessions instead.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Patience may be an investor’s most important skill. Decades can make repairs, vacancies, and cash-flow changes look trivial.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Buying the cheapest stocks through Value Line outperformed highly complex investment approaches.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Turn distant financial goals into monthly systems. A fixed recurring action makes an intimidating future manageable.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Everyone has an obligation to understand health and money. Neglecting either eventually undermines a good life.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Routine-based financial and health systems beat daily decisions built around distant outcomes.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Difficult work exercises your intelligence and creates useful stress when the problems matter beyond yourself.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
You can ignore finance, but you cannot escape its consequences. They eventually reach every life.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
People need legitimate stress and challenge. Without them, they often manufacture problems and exaggerate them.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
A 3% return can be excellent for one person, while 15% is insufficient for another.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
After accumulating enough, the goal can shift from maximizing net worth to sustainably living from the existing pool.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
A slightly higher return can be a worse real return after 50-hour weeks, extreme stress, and lost family time.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Measure the outcome that matters, not convenient proxies like hours worked, asset count, or door count.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Expectations are hidden debt. Raising them creates a psychological and financial hurdle you must clear just to break even.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
A 20% annual return may only break even for an expensive lifestyle, while 3% can be excellent with modest needs.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Your required return should determine your strategy. Multiplying money twelvefold in ten years demands far more risk and effort.
BiggerPockets
Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth
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@money
Asset owners can defer taxes, while high-income wage earners lose a substantial share of income every year.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Extreme wealth and power concentrations are dangerous. Power corrupts absolutely when accountability is weak.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
THC may be especially risky for people with personal or family histories of schizophrenia, psychosis, or addiction.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Alcohol can make personal writing feel more emotionally open, but it can also build addiction without adding artistic ability.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
If AI's bottleneck is power, innovation may focus on chips, inference, and data centers that require less energy.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
THC’s anxiety and paranoia risk keeps one user’s edible use at home, not social outings.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
The United States experienced major growth, productivity, and optimism when top marginal tax rates reached 60–70%, sometimes 90%.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Progressive coalitions risk elections by alienating young men, white voters, and wealthy Democrats who may support progressive taxation.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Restore progressive taxation with a sober, competent argument, not identity-based demonization.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Ending most U.S. Inflation Reduction Act clean-energy credits early is projected to cut new clean-energy additions to the grid by 50–70% by 2035.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Infrastructure buildouts above roughly 2–3% of GDP have historically been followed by crashes within two or three years.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
AI's capital-expenditure boom is the second-largest share of GDP devoted to a buildout in history, behind only the Louisiana Purchase.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
Data-center electricity demand grew 17% in 2025, versus 3% globally, and is projected to double by 2030 while AI demand triples.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
In 2025, the five largest technology companies spent more on capital expenditure than the entire global oil and gas industry invested in production.
The Prof G Pod – Scott Galloway
Scott Galloway: Stop Demonizing Billionaires and Start Taxing them | Office Hours
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@money
People’s incentives predict behavior powerfully. Look at what someone stands to gain or lose before guessing what they will do.
GoldenKey
Freakonomics Asks: Does your real estate agent have your best interest in mind?
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@money
A home seller benefits substantially from waiting for a higher offer, while the agent bears extra work for a small commission increase.
GoldenKey
Freakonomics Asks: Does your real estate agent have your best interest in mind?
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@money
A $10,000 higher sale adds an agent only about $150 after commission splits, while demanding extra work and marketing.
GoldenKey
Freakonomics Asks: Does your real estate agent have your best interest in mind?
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@money
Real-estate agents keep their own homes on the market an average of 10 days longer and get higher prices than comparable client homes.
GoldenKey
Freakonomics Asks: Does your real estate agent have your best interest in mind?
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@money
The UK’s lowest-income households have living standards £4,300 below equivalent households in France.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
After 2008, British austerity slashed health-care capital spending and left NHS buildings and facilities deteriorating.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
Britain’s remaining HS2 route from Birmingham to a non-central London terminus may not open until 2040.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
A finance-dominated economy can crowd out productive capacity and become dangerously unstable.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
The NHS spends more settling maternity-malpractice claims than providing maternity care, while dental care remains unaffordable or unavailable.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
A 2024 UK government report linked austerity to crumbling NHS buildings and vermin-infested mental-health accommodations.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
Britain taxes at its highest level since World War II while six million NHS patients wait for treatment.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
Mississippi and the UK have roughly equal GDP PPP incomes at about $56,000 per person, despite different health outcomes.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
Economic growth is central to national happiness and well-being. Turning away from it carries serious risks.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
High energy costs make British industry uncompetitive and force households to consume less energy.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
The MAGA movement’s opposition to solar power looks especially foolish as U.S. solar keeps getting cheaper.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
After British austerity, long-term child poverty rose from 14 to 23 percent, while doctors reported rickets and scurvy.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
In 2023, one in ten people in Britain reported doing their own dental work, including extracting teeth or gluing crowns.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
Britain spent 32 years and £179 million planning a Stonehenge traffic tunnel before abandoning it.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
An HS2 rare-bat structure in Buckinghamshire required 8,000 permits and cost £216 million.
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
Hinkley Point C’s environmental assessment spans 31,401 pages and includes a £700 million underwater “fish disco.”
Noah Smith
The UK is a cautionary tale for the U.S.
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@money
A single pencil requires thousands of people across borders, languages, religions, and cultures who never meet or know one another.
Free To Choose Network
Milton Friedman - I, Pencil
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@money
Free markets do more than improve efficiency: decentralized trade can build cooperation, harmony, and peace across deep divisions.
Free To Choose Network
Milton Friedman - I, Pencil
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@money
Prices coordinate strangers’ work across the economy without a central commander or commissar.
Free To Choose Network
Milton Friedman - I, Pencil
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@money
Buying one pencil trades minutes of your work for seconds of labor from thousands of strangers.
Free To Choose Network
Milton Friedman - I, Pencil
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@money
Investing, collecting, philanthropy, and history combine into an epic charcuterie-board career.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
Day-trading a billion dollars while refusing to pay for Netflix is frugality taken somewhere absurd.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
Cake pops become irresistible leverage when an intensely private guest refuses to appear.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
The business world needs honest translation for mission statements, values, and earnings calls.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
Discovering a successful business model can feel like a personal sickness, disease, and recurring temptation.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
Picking successful investments can resemble interviewing a lottery winner about how they guessed the numbers.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
“Huntification” means launching something bad, making it less bad, and never lowering the price.
My First Million
This guy made billions from just 3 stocks (Here's how)
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@money
Some families pay up to $50,000 for career coaches, while “reverse recruiting” costs applicants thousands monthly.
PolyMatter
The Entry-Level Job Crisis
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@money
Easy access to new jobs supports consumption, borrowing, and long-term investment by reassuring households about debt repayment.
PolyMatter
The Entry-Level Job Crisis
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@money
College degrees have become less distinctive, but the sudden entry-level crisis points to an additional cause.
PolyMatter
The Entry-Level Job Crisis
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@money
New graduates face a jobless start while student-loan interest keeps accumulating.
PolyMatter
The Entry-Level Job Crisis
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@money
Hiring is a forecast about economic conditions months or years ahead, so uncertainty makes firms reluctant to commit.
PolyMatter
The Entry-Level Job Crisis
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@money
University of Michigan consumer sentiment is at its lowest since 1960, below the Great Recession, pandemic, and 1970s oil crisis.
PolyMatter
The Entry-Level Job Crisis
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@money
Tech layoffs began before ChatGPT’s release, though AI has affected programming jobs more directly and measurably.
PolyMatter
The Entry-Level Job Crisis
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@money
Companies are increasingly using temporary workers to preserve flexibility while avoiding long-term commitments amid uncertainty.
PolyMatter
The Entry-Level Job Crisis
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@money
Entry-level applicants needed 300 applications in 2025, up from 100 in 2022, and over half search six months.
PolyMatter
The Entry-Level Job Crisis
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@money
AI has barely caused layoffs outside tech, yet fear of AI’s unknown timing is already freezing hiring.
PolyMatter
The Entry-Level Job Crisis
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@money
Monthly layoffs are about 100,000 lower than during the three years before the pandemic, undermining the idea of an AI layoff wave.
PolyMatter
The Entry-Level Job Crisis
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@money
Young workers, mostly recent college graduates, account for 85% of the rise in U.S. unemployment since mid-2023.
PolyMatter
The Entry-Level Job Crisis
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@money
Hiring, firing, and quitting have all fallen sharply, freezing the labor market instead of producing a simple layoff wave.
PolyMatter
The Entry-Level Job Crisis
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@money
Using fuel cells for baseload instead of backup generation would pull gas demand forward and intensify market tightening.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Natural-gas engineering and construction companies need accretive acquisitions that diversify revenue beyond building gas-generating assets.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Natural gas sets the marginal fuel cost for the next power plant dispatched, so rising gas prices generally raise electricity prices.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Fuel cells are unlikely to scale as 24/7 baseload generation when gas supply is insufficient, making backup their primary role.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Government proposals for hyperscalers rely on on-site and backup generation that consumes more gas instead of reducing gas demand.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
More Permian gas requires stronger incentives to produce Permian oil, likely meaning higher oil prices for longer and a worse consumer crisis.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
A credible power plan must survive gas rising from $3.50 to $10 or more, supply doubts, and regulatory intervention.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Scheduled U.S. LNG export capacity is set to reach roughly 35 Bcf/d by the end of 2030.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Large-scale nuclear capacity needs to come online around 2033 or 2034 as gas deficits worsen through the 2030s.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Pipeline-quality gas must meet a regulated specification of roughly 1,030 BTU before transmission.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Energy-dependent companies need to trace their gas source, secure physical supply, and test counterparty risk years before assets deploy.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Residential solar protects households from peak electricity prices during the roughly 10 a.m. to 6 p.m. billing window.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Wells, pipelines, processing, and gathering systems support about 20 Bcf/d of additional U.S. gas production.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Hyperscalers and large power-plant buyers must understand the physical gas provisioning behind assets, not just contract nominal generation capacity.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
The supply model treats contract law, regulations, physical constraints, and other rules as binding before flexing LNG exports and AI growth.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Lower-probability AI project scenarios could more than double unmitigated gas demand to roughly 12–15 Bcf/d by the early 2030s.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Tens of billions are flowing into inefficient gas generators that may run briefly, become unnecessary within four or five years, or lack secured fuel.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
By mid-2028, U.S. gas storage falls materially below history, below every known historical level by 2029, and extremely low by 2030.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Even without AI compute, projected LNG exports approximately match new-gas delivery capacity from Appalachia, Haynesville, and the Permian.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
Every current power solution for AI compute increases natural-gas demand, from combined-cycle plants to behind-the-meter fuel cells and turbines.
Invest Like The Best
The 2028 Natural Gas Crisis No One Sees Coming
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@money
If government owns part of a company, it profits from success while writing the rules that govern it.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
Mechanically engineered demand can make markets look designed for insiders, even when ordinary investors hold exposure through retirement accounts.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
AI companies should offer ad-supported products. Assuming everyone can pay $20 monthly ignores how price-sensitive households are.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
Index inclusion can create liquidity mainly for insiders, who sell shares into demand generated mechanically by funds.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
The patriotism decline is concentrated among Democrats and independents, with especially large drops among women and young Americans.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
A YouGov poll found 55% of Americans see the country as less patriotic, while over one-third feel less patriotic themselves.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
Social-media algorithms have normalized wealthy lifestyles, turning idealized lives into everyday comparison and dissatisfaction.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
OpenAI floated giving the federal government a 5% stake valued at approximately $43 billion.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
Dell stock surged as much as 8% without material company news. A presidential endorsement created demand all by itself.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
Donald Trump reportedly bought nearly $1 million of Dell stock, then promoted the company publicly.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
SpaceX was fast-tracked into the NASDAQ 100 under new membership rules despite reportedly near-universal negative public comments.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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@money
TBPN had about 11 employees and 70,000 viewers per episode. It made $5 million in ad revenue and tracked toward over $30 million.
The Prof G Pod – Scott Galloway
The Week | Is the Market Rigged for Insiders?
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