David Merkel @AlephBlog
The two main goals: teaching investors about better investing through risk control, and tying all of the markets into a coherent whole. alephblog.com Baltimore, Maryland Joined March 2010-
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Interesting watching the $SPCX indicated opening price falling. Started ~$175, and gradually has declined to ~$150. Suspect early investors are taking some risk off the table.
Ukraine's Drones Are Beating Russia for Now at Least bloomberg.com/opinion/articl… George Washington knew he didn't have to win every battle; he just had to outlast Britain's will to fight.
OpenAI is considering drastically lowering the prices it charges users as it seeks to win customers from its rival Anthropic wsj.com/tech/ai/openai… If true, margins for AI providers may be lower than previously thought
The Metric CFOs Struggle to Track: AI Usage wsj.com/cfo-journal/th… The CFOs will catch up. The greater challenge is figuring out ROI.
Has Strategy lost its nerve? ft.com/content/a3f2bd… $MSTR became big enough relative to Bitcoin that its purchases pushed up the price, as they used increasingly expensive financing. Now they face a cash drain & a negative arb for issuing any security to buy more Bitcoin.
SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation | Fortune fortune.com/2026/06/06/spa… How quickly must $SPCX grow to justify today's valuation? Try 50%/yr for the next 10 years.
@Denistratos You have to remember, Jim Simons did this on a limited amount of capital. Had he been operating at Buffett's scale, it would not have worked.
Gordon Ritter: I predicted AI's learning loop a decade ago. The doomers are still measuring the wrong thing fortune.com/2026/06/11/ai-… Keep your corporate AI work internal and private. Don't have employees share corporate data with public AI, which is scraping your IP knowledge.
Anthropic-OpenAI Price War Would Be Brutal for Both Companies bloomberg.com/opinion/articl… This is realistic, but the bigger issue is they both face weak competitive positions vs $GOOG & $SPCX.
Brazil Bank Rocked by $1.2 Billion Withdrawal Says Worst Is Over bloomberg.com/news/articles/… What a mess. The failure of Banco Master impairs another bank, and the Federal District guarantees a credit line from the depostory guarantors.
SpaceX Touts Investment-Grade Ratings For $75 Billion IPO - Bloomberg bloomberg.com/news/articles/… $SPCX is in a class of its own, getting the rating agencies to commit to investment-grade ratings.
How the FSB cut Russia off from the internet ft.com/content/da1212… Russia makes its bid to join the Third World
US Inflation Driven Partly by AI Boom Fueling Economy, Stocks bloomberg.com/news/articles/… Tilts the fix/replace decision toward replace.
Race-obsessed, untouchable Musk hits escape velocity from CEO rulebook axios.com/2026/06/11/elo… We live in times where don't care about the "Golden Rule." Do unto others as you would others to do unto you.
Oil Prices: 10 Reasons Why Oil Is Still Below $100 a Barrel bloomberg.com/opinion/articl… Demand has moderated; supply has responded; oil is sneaking out of Hormuz.
Ben & Jerry’s Co-founder Says Brand Being ‘Destroyed’ by Magnum bloomberg.com/news/articles/… This is just a bad business concept. Eventually Ben & Jerry will win in the courts, and then the fighting will continue. This won't bode well for anyone.
ECB Risks Repeating 2011 Mistake With Rate Hike, Economists Warn bloomberg.com/news/articles/… Hard to say. The Fed may be committing the opposite error.
ICE’s Plan for Detention Centers Faces Resistance in US Towns bloomberg.com/features/2026-… Creating problems for small localities that are already struggling, and for an effort that really doesn't do anything good the the US.
“Doing good while doing well.” That was the adage that drove microfinancing, tiny loans intended to end poverty. Hundreds of billions of dollars later, it hasn’t made a dent. wsj.com/finance/bankin… Microfinance was supposed to be small loans -- working capital, not large DTI
Shares in Cracker Barrel shot up after CEO Julie Felss Masino unveiled a more profitable outlook and said diners were returning wsj.com/business/hospi… I really don't like their food $CBRL
Barry Ritholtz @Ritholtz
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848 Followers 6K Following Market-frustrated bear. Parody account. Inventor of the Snooze button. Honorary mayor of NashVegas. Ride weaponized gamma. Just musings not investment advice.
somabss @somabss
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