Stonks & Bonds. lol fundamentals, sir this is a Taco Bell

https://www.wsj.com/economy/global/taxes-governments-worldwide-9e07c2c0?mod=mhp

If higher taxes makes the U.S. more like those other countries, I’m all in

THAT’S SOCIALISM!

But then the job creators won’t be able to create jobs and no incentives to start a company!

Update on that guy: today he went in person to PulteGroup ($PHM) headquarters to deliver this letter to the CEO:

As of yesterday, he’s the owner of one (1) share, hence “part proprietor” of “our” company. PHM happens to be a successful company, so ordinarily someone like him would want nothing to do with them, but boy is there a backstory.

Last week, some former BBBYQ holders each paid $500 to meet Bill Pulte and a BBBY+Safemoon pumper at a hangar, with the belief that Pulte would share an inside scoop on how the BBBYQ shares they used to have (which ceased to exist three months ago) would make them rich very soon. Instead, they were given a pitch about PHM and the need to get Pulte back on the board of directors. At the end, each attendee was handed an envelope of $100 cash and made to sign a contract saying they had to use the money to buy one share of PHM.

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Holy crap

“The Fund” is incredible. My jaw was on the floor throughout.

I guess this can go here.

https://twitter.com/vegas_visual/status/1737923423156994257?t=MsMCVeO0N-EMOmOKzTJyFQ&s=19

https://twitter.com/vegas_visual/status/1737935135885168985?t=zEVV2n5taErmyiVCllRIYg&s=19

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I’m surmising that she’s a disabled vet, for how else could a 33 y.o. be drawing a Navy pension and be receiving free healthcare from the VA

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Stop keeping your money in the bank!

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Following up on “The Fund,” the main takeaway for me (other than Ray Dalio being a complete fraud and world class asshole) is that mediocre rich white guys literally get infinity chances. The guy did nothing of distinction, somehow got into Harvard Business School, then kept failing on repeat for like 20 years until one of his endless doom switch predictions came true.

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I refuse to believe you have nothing to say about James Comey’s appearance.

Really I can’t emphasize enough how great this book is.

Also can’t possibly do justice to what a massive piece of shit and unrelenting asshole Ray Dalio is. It is impossible to read the book and not desperately want to beat his ass.

I’ve seen enough interviews with the guy to know he has an eminently punchable face to boot

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I know everyone will be super excited to know but ive decided that im going to buy a lofty amount of nvax on tuesday for a little while.

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puts on WBA, think it craters hard after earnings on 1/5

Maybe the best dril candle post in bogleheads history

https://www.bogleheads.org/forum/viewtopic.php?f=2&t=420470&newpost=7631608

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As someone who lives in Northern NJ, this area basically has the best public schools in the country. It amazes me how many people in the area still send their kids to private school instead.

I assume for many it’s about the network and not about the education. Or for some it’s about indoctrination (e.g catholic schools)

Can’t be seen as some pleb that sends their children to a filthy public school

These people must be setting the record for least amount of money spent on restaurants relative to income at $800/month for a family of 6.

$22k in property taxes per year to send your kids to private school. LOL

We pay about two-thirds of that here, and I’m astounded by neighbors who do the same thing.

Overall, even with the private school costs, the family seems to be doing fine: They’re making somewhere around $500k-$600k gross and saving $150k even after that enormous private school tuition.

On the other hand, this made me laugh out loud:

Vacation 400 4,800 two vacations per year for the family

You’re bringing in a ton of money and your vacations are, what, driving down to Sea Isle City and staying at the local dirtbag hotel for a few days at a time?

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