โThe name of the stock, John, is Silicon Valley Bank. It lends money to semi-homeless software engineers who repay their loans with money they finesse from VCsโ
โThe name of the stock, John, is Spirit Airlines. This is a situation we in the business call merger arbitrage. Itโs a โheads I win, tails I move back in with my parentsโ kind of playโ
Overheard a poor guy getting the run down from his missus:
โWeโre not overpaying for the house, babe. Weโre paying the price needed to get the house.โ
RIP in peace, brother
My favourite part of this Acquired podcast is when Charlie Munger tells the hosts that venture capital is basically gambling and adds no value to society
IM 23 YRS OLD AND I WORK FOR LINKEDIN IN CHICAGO. I BEGIN MY DAY AT 11AM WITH A FREE MATCHA LATE FROM THE PRIVATE CANTEEN. FOR LUNCH I USUALLY DO COMMUNITY HOT YOGA. AFTER THAT I SEND A FEW EMAILS AND UPDATE MY STATUS ON SLACK. AT THE BAR BY 4.30PM MOST DAYS.
The American consumer is the hero we need, not the hero we deserve. While Europe is on perma-seista and Australians are focused on saving for a fibro shack 3 hours from a capital city, the American consumer is keeping the show going despite every effort to slow them down
$PLTR CEO Alex Karp talking about short sellers on CNBC live right now:
โThey just love pulling down great American companies so that they can pay for their cokeโ
Lmaooo heโs really not holding back today โ๏ธ ๐ฅ
I had no idea who Jose Mourinho was about 48 hours ago, and I have been deep in the YouTube videos. This guys ability to talk shit in a second language is second to none.