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Josh on Narro

1,433 episodes - English - Latest episode: over 1 year ago - ★★ - 2 ratings

Josh Beckman uses Narro to create a podcast of articles transcribed to audio. Read more at https://www.andjosh.com.

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Episodes

Email Fwd: Money Stuff: People Are Worried About Block Trades

February 16, 2022 18:15 - 20 minutes - 1.23 KB

Most of what investment banks do is pitching. Sometimes an unsolicited transaction will show up at their door: A hedge fund will call to say "hey I wa... talked yesterday has more today this is Archegos-related the Archegos blowup owned most of its shares on swap is trouble IPO pitches no obvious reason at least eight published a report a little disappointing disagree the report move to T+1 settlement talk about this a lot some international applications quite a ...

Email Fwd: Money Stuff: You Get the Crypto Rules You Pay For

February 15, 2022 18:55 - 28 minutes - 1.65 KB

Here is a dumb model of financial regulation. There are two general ways for authorities to regulate financial activities. Call one "rulemaking." A re... now it has clarity about crypto lending programs Wall Street Journal’s headline interviewing BlockFi Chief Executive Officer Zac Prince here’s this agreed the SEC’s press release told it not to and it didn’t Operational Framework of the Digital Asset Policy Proposal Facebook’s stablecoin dream is dead I wrote recently disse...

Email Fwd: Money Stuff: Shareholders Like Any Old Merger

February 14, 2022 19:15 - 23 minutes - 1.37 KB

Common owners and mergers Here's a simple good model of public-company mergers and acquisitions: An acquirer should try to acquire a target if the tar... Beyond the target: M&A decisions and rival ownership asset manager capitalism sometimes argued some reports are unvaccinated asked the U.S. Securities and Exchange Commission said no talked previously got about 1% of the vote favorite insider trading cases made money on about 77% of their trades against the rules did it b...

Tools

February 11, 2022 09:49 - 9 minutes - 592 Bytes

There are two kinds of tools: user-friendly tools, and physics-friendly tools. User-friendly tools wrap a domain around the habits of your mind via a user-experience metaphor, while physics-friendl… https://www.ribbonfarm.com/2022/02/10/tools/ “La*b*” CIELAB color space John Steinbeck line gag

Email Fwd: Money Stuff: Private Funds Are the New Public Funds

February 10, 2022 18:54 - 33 minutes - 1.96 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. The traditional trade-off in US capital markets is: If you are a public company, y... reported this week endorsed talked last month much larger writing cases So press release proposed rule fact sheet dissent A bank is a system of computers Shiba Inu tokens talked yesterday Bloomberg’s Olga Kharif statement an Insider article said yesterday about GameStop here is an unambiguous result of the GameS...

Email Fwd: Money Stuff: Business Rapper Was Bad at Bitcoin Laundering

February 09, 2022 19:03 - 29 minutes - 1.74 KB

In her public life, Heather Morgan seems to have been the cringiest imaginable sort of crypto-adjacent hustle-bro. Here is a nightmarish YouTube video... YouTube video of her rapping TikTok video of her rapping the program some slides her Forbes contributor page conspired to launder $4.5 billion of Bitcoin stolen from a crypto exchange press release criminal complaint give back often say shut down in 2017 called SalesFolk Wall Street Journal reports said at a bail hearing so ...

Email Fwd: Money Stuff: Peloton’s CEO Has Had Enough

February 08, 2022 22:13 - 24 minutes - 1.43 KB

It is not quite right to say that John Foley, the co-founder and still technically chief executive officer of Peloton Interactive Inc., is also Peloto... proxy statement fun activist deck talked about a trade you can’t do signed up with some hedge funds in December specifically allows them to some retail investors Trump’s vague social media thing here’s a letter how serious it actually is merge with a SPAC do meme stuff first-sale doctrine Carry Trade Titans of Junk Debt ...

Email Fwd: Money Stuff: Hedge Fund Managers Are Expensive

February 07, 2022 19:22 - 24 minutes - 1.46 KB

Here's the classic life cycle of a hedge fund. You quit your job at Goldman Sachs Group Inc., or at someone else's hedge fund, and you start a new fun... can get weird though hired his children’s summer-camp water-skiing instructor and lucky we talk about rankings letter of complaint Financial Times reports sold the credit risk of its derivatives sold its rogue trading risk is not great here here Kevin Roose writes about Helium token effects Ian Bogost on Web3 Wall Street ...

Email Fwd: Money Stuff: Fear Is a Good Motivation for Fraud

February 03, 2022 18:53 - 18 minutes - 1.1 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. One way to do fraud when you are pitching an investment is to lie about the invest... U.S. Securities and Exchange Commission enforcement action the complaint money-market-fund reform talked times new ways to take money from the dumb For instance obvious speculation Twitter thread here is a report apparently huge source of alpha effectively conducts auctions Ethereum is a Dark Forest talked the other day ...

Email Fwd: Money Stuff: Busy Bankers Made Big Money

February 02, 2022 19:23 - 20 minutes - 1.19 KB

One thing that happened at Goldman Sachs Group Inc. in 2021 is that a group of junior analysts put together a PowerPoint presentation for their manage... put together PowerPoint presentation said one analyst extra bonuses Sridhar Natarajan and Hannah Levitt report I quoted the line reports late-night phone calls with Robinhood attracted venture-capital investment rolling apps mayors who take their salary in Bitcoin essentially infinitesimal units offer fractional shares ...

Email Fwd: Money Stuff: Hedge Funds Are a Job Now

February 01, 2022 23:22 - 24 minutes - 1.46 KB

There is a sense in which the main story of modern hedge funds is style drift. You start out doing convertible arbitrage or merger arb or relative-val... mentoring Diddy history complaining multi-strategy funds points out often say break little sketchy pushing has not been interested rejected a proposal focused on safety banning ultra-safe Fed-backed stablecoins Stablecoins: Growth Potential and Impact on Banking main thesis externalities will be internalized The...

Email Fwd: Money Stuff: Libor Was Made Up Anyway

January 31, 2022 21:22 - 33 minutes - 1.95 KB

The way that global financial markets worked for decades is that trillions of dollars of floating-rate loans and interest-rate derivatives were indexe... very useful a real Libor rate people said his Champagne billions billions get rid of Libor SOFR talked about before chats bad tossed out their convictions the Second Circuit’s opinion the Wall Street Journal talked model before Saudi sovereign wealth funds Wade Osei Pryor in the Root suggested profile of Leon...

Email Fwd: Money Stuff: You Get the Crypto Rules You Want

January 27, 2022 19:04 - 26 minutes - 1.57 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. I have to say I have no idea how cryptocurrency investments are regulated under US... wrote columns sympathetic pay interest on crypto deposits probably are securities regulators gone other a silly ad campaign wanted to do a crypto lending product Ponzicoin was advertising allegedly a famous convicted serial scammer stole most of the money may may not faked his death drunk-under-the-lamppost talked ye...

Email Fwd: Money Stuff: Watch Out for Shadow Trading

January 26, 2022 23:45 - 29 minutes - 1.71 KB

Let's do some insider trading hypotheticals. You are the vice president of sales at Amalgamated Widgets Co., a publicly traded company. You see, from ... misappropriation theory allegedly reviewed sued him couple times Here is the opinion sometimes say a client memo Libra lied about its backing shady related-party transactions trouble regulators has also said redeemed for cash Bill Ackman’s big SPAC tontine announced a merger we talked about did not do it again wi...

Email Fwd: Money Stuff: The Apes Have Fat Fingers

January 26, 2022 18:47 - 26 minutes - 1.54 KB

A share of Microsoft Corp. stock trades for about $300. That price goes up and down, but at any given minute during regular trading hours if you want ... clearly erroneous Caravaggios opportunities to rip off naive rubes talked a couple of weeks ago discussed it in November filed a counterclaim the filing this Wall Street Journal article written model lot Regulation FD Journal of Finance here interview with Alex Edmans Elon Musk tweeted price of Dogecoin Larry Summers C...

Email Fwd: Money Stuff: Maybe the Memes Are Over

January 24, 2022 19:45 - 24 minutes - 1.42 KB

Some GameStop anniversary content I guess This week is the one-year anniversary of the GameStop thing. From Monday, Jan. 25, 2021, through Friday, Jan... the GameStop thing halted for volatility restricted customers from buying it clearinghouse margin troubles at least seven movies the year of the meme stock I wrote a Wall Street Journal article Joe Weisenthal writes correction the Boredom Market Hypothesis transform its business lesson Netflix Inc. announced the stock...

Animation Sublimation

January 21, 2022 02:40 - 1 minute - 76 Bytes

I’ve decided to teach myself the basics of animation this year. Writing hasn’t been as much fun lately but drawing is suddenly becoming more fun. This is probably some sort of sublimation response … https://www.ribbonfarm.com/2022/01/20/animation-sublimation/ Procreate 100-gif-adventure

Email Fwd: Money Stuff: A Good Reputation Is Expensive

January 20, 2022 19:23 - 23 minutes - 1.37 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. I don't give investing advice around here, but I have been bullish on the Trump SP... announced last month one Money Stuff headline says here where these people are coming from most visibly pressure divest talked yesterday Gary Gensler for instance petitioned the SEC Archegos Capital Management blowup the SEC has proposed I find it weird a Needham police officer the SEC case this Accuses Apollo Riva...

Email Fwd: Money Stuff: Washing Web3

January 19, 2022 19:22 - 29 minutes - 1.75 KB

Here's a trade. You start a business. Let's say it's a platform business, where you connect buyers and sellers of something.[1] You connect people who... get in trouble for it MoviePass economy blitzscaling went hilariously bankrupt I wrote infamous post I quoted a story from last week from Andrew Hayward at Decrypt Twitter thread Bloomberg News story BlackRock said Erin Griffith’s New York Times story announced the allegations came out Activision Blizzard’s Workplace Prob...

Email Fwd: Money Stuff: BlackRock Still Likes Capitalism

January 18, 2022 18:53 - 28 minutes - 1.66 KB

Well this isn't very helpful:Delivering on the competing interests of a company's many divergent stakeholders is not easy. As a CEO, I know this first... this has a preference annual letter to CEOs What you have to do is meme stuff rumblings of a backlash don’t put shareholders first Milton Friedman fallen out of favor a bit announced earnings this morning general view honestly rather gentle this might happen Patrick Radden Keefe in the New Yorker here’s Robin Wiggleswort...

Email Fwd: Money Stuff: Not Everyone Likes ESG

January 14, 2022 00:45 - 23 minutes - 1.38 KB

If you are the chief executive officer of a public company, there are various environmental, social and governance things you could do. You could, lik... somewhat undertheorized think about a lot around here give their shareholders memes maximize economy-wide profits most standard form ESG argument here’s a guy cases at energy companies split up the company annual report for 2020 prevailed in a 16-month battle the press release that Nam Tai filed an open lette...

Email Fwd: Money Stuff: Congress Might Have to Stop Trading Stocks

January 13, 2022 19:14 - 24 minutes - 1.42 KB

Programming note: Money Stuff will be off tomorrow and Monday, back on Tuesday. I have probably been doing this too long, because I remember there wer... occasional inquiries no prosecutions kind of bad here you go the summary of the bill the bill text ARK Innovation ETF a leveraged VIX ETF discussed Justice Department inquiry medium-sized scandal at the Federal Reserve whose sin was Senator Elizabeth Warren’s letter the SEC’s proposed changes to Rule 10b5-1 trading plans ta...

Narrative Wet Bulb Temperature

January 12, 2022 22:26 - 6 minutes - 410 Bytes

Telling jokes at a funeral is hard. Even entertaining an urge to do so is perhaps not a decent thing to do. At best, you might get away with telling a poignantly humorous anecdote about the decease… https://www.ribbonfarm.com/2022/01/12/storytelling-narrative-wet-bulb-temperature/ Robert McKee wet-bulb temperature book

Email Fwd: Money Stuff: Of Course GameStop Is Doing NFTs

January 07, 2022 18:39 - 21 minutes - 1.27 KB

Nothing here is ever investing advice, but I do sometimes give out free corporate finance advice.[1] The big theme of that advice recently has been th... I recently advised I wrote doing good business things GameStop is doing NFTs now Bloomberg News reports basically are a video-game asset class flogging NFTs talked last May tweeted yesterday smart people what the GameStop saga  is what I call a Securities and Exchange Commission insider trading case federal criminal char...

Random Acts of X

January 06, 2022 23:41 - 6 minutes - 415 Bytes

The phrasal template random acts of ________ is clearly one of my favorites. I seem to have used it 20+ times on Twitter in the last few years. Here are the actual instances: random acts of ontolog… https://www.ribbonfarm.com/2022/01/06/random-acts-of-x/ used it 20+ times on Twitter tweeted a prompt The Science of Muddling Through Obliquity what theory is not, theorizing is Frederick Brooks’ idea that you should “plan to throw one away” counter-argument

Email Fwd: Money Stuff: Nobody Wants to Misplace Their Crypto

January 06, 2022 22:06 - 27 minutes - 1.63 KB

Don't forget your Bitcoins I have argued for a long time around here that the biggest problem for most investors who are thinking about buying cryptoc... argued time here I’m right Bitcoin futures Bitcoin exchange-traded funds public company that owns a lot of Bitcoins volcano bonds rickety old system raising some questions about securities fraud wrote about essentially any untrue statement accused Exxon Mobile Corp. asked the SEC to investigate raised a $1.1 billi...

Email Fwd: Money Stuff: Business Begins Bitcoin Bividend

January 05, 2022 18:26 - 32 minutes - 1.89 KB

Oh I think you're going to see more of this:BTCS Inc. (Nasdaq: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, has announced... see more of this argued the little form are gaps custody obligations capital requirements tried it in 2019 I half-jokingly argued medallions traded very funny enforcement lawsuit the SEC’s complaint Medallion apparently disagrees annual report for 2017 discussed lot hedge fund managers mortgage firms ETF managers ...

Email Fwd: Money Stuff: Slaying the Blood Unicorn

January 04, 2022 20:36 - 28 minutes - 1.65 KB

In the early 2010s, Elizabeth Holmes pretended that she had invented a new technology to do blood tests, and used this pretend technology to raise sev... talked about bunch pseudo-Linnaean name electric vehicles reported convicted of federal fraud charges Holmes’s defense convicted $100 million testified at the trial What Investors Learned From the Elizabeth Holmes Trial: ‘Zero’ everything is securities fraud Jurors heard a story I often tell the stock went to zero ...

2021 Ribbonfarm Extended Universe Annual Roundup

December 30, 2021 23:41 - 26 minutes - 1.57 KB

There is no getting around it: I basically took the year off from this blog, not just in the sense that I wrote much less here than usual (29 posts), but in the sense that all the posts were short … https://www.ribbonfarm.com/2021/12/29/2021-ribbonfarm-extended-universe-annual-roundup/ Wattpad Vella Narrativium Captain’s Log Jumping into Web3 Ribbonfarm Studio the full archives here Blogs are portals; newsletters are flags essays @vgr @ribbonfarm item 45 in my thread-of-threads ...

Email Fwd: Money Stuff: The Purdue Bankruptcy Didn’t Work

December 23, 2021 18:37 - 29 minutes - 1.75 KB

This is the last Money Stuff of 2021. I'll be off tomorrow and next week, back the first week of January. I am not going to do a year-end recap or any... lose my mind a little bit in January in March in May in October bonds theme here that This is a weird outcome reported in September her opinion Wall Street Journal notes Bloomberg News from last week an article commercialize the punks itself talked the other day expensive poor Anyway Elon Markets Hypothesis ...

Email Fwd: Money Stuff: Wall Street Is No Fun Anymore

December 23, 2021 01:36 - 29 minutes - 1.71 KB

In "Liar's Poker," Michael Lewis memorably describes showing up at work for his first day as a bond salesman at Salomon Brothers. "Oddly enough, I did... memorably describes Max Abelson writes like say a weird currency thing explains penalties for early withdrawal death-spiral currency peg might not work Joe Weisenthal Here is Alloway of around 5,200% the OlympusDAO documentation the main financial theme of 2021 pleaded guilty describe the crime exercising stock option...

Email Fwd: Money Stuff: There’s Inside Information in SEC Filings

December 21, 2021 18:19 - 30 minutes - 1.76 KB

A good plot for, like, an insider-trading Hollywood thriller would be if the villains hacked into the computers of the US Securities and Exchange Comm... an SEC complaint the SEC’s announcement federal criminal charges big hacker-insider-trading case delightful academic study lark Jack Dorsey and the Unlikely Revolutionaries Who Want to Reboot the Internet wrote last month Here is a tweet a tweetstorm intemperate blog post like Stephen Diehl Here is Robin Sloan writes Byrne H...

Email Fwd: Money Stuff: JPMorgan Sent the Wrong Emails

December 20, 2021 17:58 - 31 minutes - 1.86 KB

Do you think JPMorgan was doing a lot of crimes in the group chat? I don't especially, but I guess the point is we have no way of knowing. Last week U... announcement took another $75 million its summary ehhhh those laws are pretty antiquated giving it a try Paula Seligson reports Bloomberg’s transcript ish found arguing good business things is a diagram popcorn Bob Van Voris reports the lawsuit you might wonder if not be allowed the TMTG investor deck has no numbers...

Email Fwd: Money Stuff: The SEC Has Big Plans

December 16, 2021 19:06 - 43 minutes - 2.54 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. We are well into the holiday season, which means that people are wrapping up work ... 10b5-1 plans stock buybacks money market funds swaps the SEC’s proposed rules was wave controversy years about category stuff sort of wonderful Literally the Pope made noises forever the SEC’s proposal the SEC complains about “orphaning” the old CDS swaps might get around proposed one the Archegos story publ...

Email Fwd: Money Stuff: Not Everything Is Insider Trading

December 15, 2021 18:25 - 29 minutes - 1.71 KB

If your brother-in-law is a senior accounting executive at a public company, and that public company is secretly in negotiations to be acquired at a p... talk to him regularly Short-dated out-of-the-money call options I once wrote SEC sued last December Wright settled this week he won the SPAC that bought Lucid Group Inc. did talked times Bill Ackman’s proposal to do a SPARC more honest than a SPAC BuzzFeed Inc. Michelle Celarier reports the SEC’s response the deal fell a...

Email Fwd: Money Stuff: Sell Your Company to Your Bankers

December 14, 2021 18:45 - 30 minutes - 1.76 KB

I have in the past mused about the idea of a market maker for mergers and acquisitions.[1] Like, you run a public company, you want to sell it, you go... mused idea from Sujeet Indap and James Fontanella-Khan at the Financial Times who also serves as a senior advisor at Bloomberg L.P. press release Veoneer’s merger proxy press release has been pretty lucrative this year here’s a story how happy this makes retail meme-stock traders Well Financial Times explains Person of the ...

Email Fwd: Money Stuff: The Trump SPAC PIPE Is Free Money

December 13, 2021 23:38 - 33 minutes - 1.93 KB

We talked last week about the Trump SPAC PIPE. A quick recap: Donald Trump has a vague sketch of a media company called Trump Media & Technology Group... talked last week Trump SPAC PIPE agree to a higher price announced a $1 billion PIPE here Section 3.1(bb) Section 5 of the Securities Act of 1933 For instance Nikola Corp. warrants but be careful Mr. Big dies on a Peloton he actually attended his own (character’s) funeral this very funny Peloton ad The Big Question: Could P...

Email Fwd: Money Stuff: Don’t Throw Away Your Bitcoins

December 09, 2021 18:18 - 25 minutes - 1.49 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. Earlier this year we talked about a guy in Wales named James Howells who threw out... here here a New Yorker profile joked enough final Form 8-K talked about it last month put in a press release discussed before Business Insider story the separation of ownership and control later famously hacked back in 2016 Sure the ConstitutionDAO experience these will go for like $60 million the lyrics hear the FCA...

Email Fwd: Money Stuff: What Does Payment for Order Flow Buy?

December 08, 2021 19:13 - 22 minutes - 1.31 KB

I think there are two different intuitive models of payment for order flow. Let's call them the Good Model and the Bad Model. The Good Model goes like... $0.003 per share mainly here here put out a Medium post wrote about it here Public said gently requests tips Vice published an article Investors Are Using Robinhood, Other Platforms to Jump Into Options Trades, Worrying U.S. Regulators a cartoon completes the joke I wrote the other day “object-fire-token-money” cycle long Medi...

Email Fwd: Money Stuff: The Trump SPAC Pitch Is Weird

December 07, 2021 18:17 - 23 minutes - 1.39 KB

Yesterday we discussed the $1 billion private investment that Trump Media & Technology Group is planning to raise from investors when it merges with D... we discussed become chief executive officer of TMTG press releases investor presentations merger agreement says CNBC unsuccessfully sue Twitter whose mission said Nunes TMTG investor presentation section 2.3(b)(iii) the TMTG investor deck You can listen to that here a Wall Street Journal story Wall Street Journal article wh...

Thinking in OODA Loops

December 06, 2021 22:23 - 12 minutes - 755 Bytes

I’ve been meaning to turn my OODA loop workshop (which I’ve done formally/informally for corporate audiences for 5+ years) into an online course for years, but never got around to it. S… https://www.ribbonfarm.com/2021/12/06/thinking-in-ooda-loops/ OG briefing slides are freely available on the web Boyd’s own briefings Certain to Win Boyd: The fighter pilot who changed the art of war Science, Strategy, and War Tempo slides fat thinking live players

Email Fwd: Money Stuff: The Trump SPAC Did a PIPE

December 06, 2021 19:22 - 33 minutes - 1.96 KB

In September, a company called Digital World Acquisition Corp. went public, raising $287.5 million by selling stock to investors at $10 per share. DWA... went public $287.5 million announced its merger missed that deadline seemed to be “company overview” slide deck wrote Dan Primack wrote at the time say this talked lot announced a billion-dollar PIPE have “registration rights” Form 8-K death-spiral convertible Here it is said about discuss around here here’s a guy ...

Email Fwd: Money Stuff: Goldman Executives Want to Get Paid

December 02, 2021 18:27 - 22 minutes - 1.32 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. I used to work at Goldman Sachs Group Inc. and part of my job was to do large trad... this made me laugh nervously A basket of options is worth more than an option on a basket settle a scandal in Malaysia announced a plan hilarious CNBC article pay a billion dollars for about 25% ownership of TMTG That logic is risky, now because of the rumored PIPE deal I wrote Everything write asks Felix Salmon at Axios “o...

Email Fwd: Money Stuff: Goldman’s Cloud Will Pitch Trades

December 01, 2021 19:41 - 19 minutes - 1.12 KB

Much of the business of an investment bank's sales and trading division consists of calling up clients and saying "hey you should do this trade, this ... Sure why not talked last year the theory anyway Anyway Engine No. 1 LLC’s activist campaign Dan Loeb’s campaign announced plans lots of revenue from a meme activist campaign diversified-investor activist campaign we talked about is not helping Diem much though I said the story of Kat Norton meme stocks Bloomberg 5...

Email Fwd: Money Stuff: Omicron Crypto Is a Bet on Attention

December 01, 2021 05:42 - 20 minutes - 1.22 KB

The basic innovation of crypto is the production of artificial scarcity. The original Bitcoin white paper addresses the problem: Sure, anyone can type... Bitcoin white paper right-click Here is Ryan Broderick variant of concern Mark Gongloff CoinTelegraph is a clone of OlympusDAO wrote last month Elsewhere good story wrote about discussed a couple of weeks ago discussed last week is a story Omicron Outlook a once-in-an-epoch windfall Combat Employee Burnout Sell Giphy...

Email Fwd: Money Stuff: Bill Ackman Has a SPARC

November 29, 2021 18:03 - 25 minutes - 1.49 KB

How much would you pay for the right to buy one share of one big future initial public offering at the IPO price? What a strange question. You don't k... average first-day IPO pop filing for Pershing Square SPARC Holdings Ltd. talked before somewhat abortive SPAC wrote about it it is generally assumed proposed rule change bad economics of SPAC warrants is itself controversial a Wall Street Journal story have some nice things to say a Bloomberg article from Friday this ...

Email Fwd: Money Stuff: AmEx Sold Some Tax Deductions

November 23, 2021 17:59 - 28 minutes - 1.66 KB

Programming note: Money Stuff will be off for the rest of the week. Have a happy Thanksgiving, and I'll see you back here on Monday. The good tax trad... talked about one last week paid about $603 million this 2007 IRS guidance area of inquiry a fun Wall Street Journal article Tesla will be volatile the dealer will adjust its hedge Elon Markets Hypothesis move Bitcoin move those cryptocurrencies totally unrelated companies now trades on Tesla hype vibrant secondary market ...

Email Fwd: Money Stuff: Be Careful With Volcano Bonds

November 22, 2021 18:38 - 28 minutes - 1.65 KB

First of all let's just appreciate the words here, these are good words:El Salvador has struck a deal with crypto firms Blockstream and iFinex to adva... these are good words calling this consists photos here sure is listed the termsheet the proxy statement its own proxy statement lawyer proxy solicitor in fact that happened did this says Davis Polk & Wardwell LLP a good little statistic discussed last week fun Wall Street Journal article outbid by Ken Griffin I guess it ...

Email Fwd: Money Stuff: Zillow Tried to Make Less Money

November 18, 2021 20:59 - 25 minutes - 1.47 KB

Programming note: Money Stuff will be off tomorrow, back on Monday. On the one hand, sure, I can see why someone might consider this a problem:When ex... the Wall Street Journal’s postmortem market maker in home-selling Ben Thompson wrote talked about this problem before Here’s another one in meme stocks talked to some people at their main market maker as markets were going haywire the opinion we talked about consideration everything is securities fraud talked a bit the other...

Email Fwd: Money Stuff: Loews Lost a Pipeline Case

November 17, 2021 20:54 - 35 minutes - 2.05 KB

Loews / Boardwalk Pipeline The Federal Energy Regulatory Commission regulates the maximum rates that natural gas pipelines can charge to customers. Th... a court decision issued a 194-page opinion talked yesterday like say here making teenagers feel bad about their bodies once wrote wrote a funny article filed an amended prospectus here’s a behavioral-finance paper named for apes punks Huge, Secret Bank Bet U.S. Investment in China Jes Staley’s exit BlockFi SPAC Bil...

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