pellom.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

well would you look at that

submitted 7 hours ago • 24 comments

Warren Buffett: "The American process has not always been pretty – our country has forever had many scoundrels and promoters who seek to take advantage of those who mistakenly trust them ... such malfeasance ... remains in full force today" (2024 $BRK.B letter)

submitted 8 hours ago • 1 comment

Berkshire Hathaway’s 2024 annual report is live: lnkd.in/eyGH8tHG Christopher Bloomstran’s Semper Augustus Annual Report is required reading as well: lnkd.in/eCb7AgQj

submitted 10 hours ago • 0 comments

CSPAN Caller from West Virginia: I’m a diabetic and I’m on Medicare. When Biden was in there, my insulin was $6 for a 28 day supply. I just went to CVS, it went back up to $80…

submitted 1 day ago • 911 comments

The biggest thing people have forgotten from Trump 1.0 is the people around him are very bad at making his grand pronouncements a reality.

submitted 1 day ago • 0 comments

“UMich consumer inflation expectations for the next 5-10 years now up to 3.5% ... we haven't seen that since April 1995. The increase over the past 2 months has been the largest since February 2009.” (via Kevin Gordon)

submitted 1 day ago • 24 comments

Great 2024 report for Coca-Cola FEMSA released today. $KOF Volume growth 4.4% Revenue growth 14.2% Operating income growth 17.4% Majority net income growth 21.5% coca-colafemsa.com/wp-content/u...

submitted 1 day ago • 0 comments

Median age of homebuyers just hit a new record high of 56 (Via Torsten Slok)

submitted 1 day ago • 91 comments

Goldman asks, “Is the consumer healthy?” 1. $WMT guides below 2. Restaurants warn about slow start to the year 3. January retail sales, biggest one-month drop in nearly 2 yrs “.. 9 straight weeks of net selling in Consumer Discretionary .. the most net sold sector at GS YTD”

submitted 1 day ago • 26 comments

Rivian achieved a gross profit in Q4 for the first time ever:

submitted 2 days ago • 4 comments

Robert Moses’ casket just moved.

submitted 2 days ago • 0 comments

Torsten Slok (Apollo): "Revenue raised from income taxes is $3 trillion, and imports into the US are also $3 trillion. [...] tariffs would have to be 100% on all imported goods to replace income taxes. [...] imported products double in price --> as much as 200% tariffs on all imported goods"

submitted 2 days ago • 0 comments

The extraordinary fees paid by endowments leads the vast majority of them big & small to underperform a Vanguard 60/40 portfolio that costs 7bps.

submitted 3 days ago • 2 comments

Digging in to Hershey. Stock has been hammered over the past year. Would need it to come down quite a bit more (I think $125 would be a good price), but truly one of those 20+ year potential investments.

submitted 3 days ago • 0 comments

Trying to get out of the habit of researching stocks in an effort to buy and to instead research for knowledge's sake. It's tough to slow down and stop looking for deals.

submitted 3 days ago • 0 comments

It won’t take long for people to realize the federal government is big and spends a lot of money for a reason.

submitted 3 days ago • 0 comments

Steve Cohen was built in a lab to be owner of the Mets. What a dweeb.

submitted 4 days ago • 0 comments

Fund Manager cash allocations at a 15-year low! 👀

submitted 4 days ago • 0 comments

This sounds eerily similar to your crazy uncle becoming a geopolitical expert because he has Google and Facebook.

submitted 5 days ago • 1 comment

A federal judge in Wyoming received a motion citing nine cases. Of the nine, eight don't exist. When she demanded an explanation, the lawyers said their "artificial intelligence platform ‘hallucinated’ the cases in question." @courtwatch.bsky.social www.courtwatch.news/p/lawyers-ca...

submitted 5 days ago • 110 comments

Very political people have a vested interest in convincing you that everything is in decline—because if you believe that, you'll rely on them to fix it. The problem is that these lies have been repeated so often that most people accept them as truth, when the opposite is true.

submitted 13 days ago • 1 comment

The dangerous thing here is all these guys think they’re too smart to be racist/antisemitic/bigoted/etc. They think their intellect allows them to cherry-pick the pieces of information they like while discarding the rest.

submitted 6 days ago • 0 comments

submitted 6 days ago • 4 comments

I like this guy.

submitted 7 days ago • 0 comments

In 6th grade a ran a ball board on the upcoming UT football game. 10 cents a square. I’d seen my dad do it every weekend so I didn’t know it was illegal.

submitted 10 days ago • 0 comments

Jalen Brunson gets threats toward his family, including his months-old child. Isaiah Stewart, too. Josh Hart gets racial slurs. Corey Kispert death threats. Death threats, racism & Venmo — My long read on the harassment players receive from gamblers: www.nytimes.com/athletic/607...

submitted 10 days ago • 19 comments

This chart from the BLS's press release tells the not-so-great story of where we are on inflation.

submitted 10 days ago • 12 comments

open.spotify.com/episode/4znB...

submitted 11 days ago • 0 comments

Peter Lynch on why most retail investors have the wrong mindset. "There's always been this position that the small investor has no chance against the big institutions. If they believe this theory that the small investor has no chance, they invest in a different format".

submitted 11 days ago • 0 comments

Honestly, we should all operate this way.

submitted 11 days ago • 0 comments

Much better than I expected given the McKinsey association.

submitted 12 days ago • 0 comments

Billionaires want to make it easy for banks, credit cards, and mortgage lenders to scam people and take their money. Plain and simple.

submitted 13 days ago • 8 comments

There were a lot of reasons for the 2008 crisis but a big one was Wall Street had no moral compass I'm convinced more than ever the tech industry now occupies that same role and will be the cause of the next big financial crisis (whenever it happens)

submitted 12 days ago • 16 comments

As a native Kingston resident, I am grateful to the author for telling this story.

submitted 12 days ago • 0 comments

States and local school districts actually establish curriculum and staffing. The Department of Education provides funds to support education of students with disabilities (IDEA), marginalized socioeconomic backgrounds, or who suffer neglect. That's what they want to eliminate.

submitted 13 days ago • 4 comments

The Lady Vols are good and - more importantly - cool again.

submitted 15 days ago • 0 comments

I understand being cynical about these things — but many of these cases might simply be corporate administrators doing their best to protect folks who might have gender identities that could make them targets for bad actors.

submitted 15 days ago • 1 comment

(Techcrunch) - AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits, according to a new research paper released last Friday. @techcrunch.com techcrunch.com/2025/02/05/r...

submitted 16 days ago • 12 comments