Crypto promised us so much. What happened?SBF is a gift that keeps on giving. There is so much drama and twists in this crypto thriller episode unfolding before our eyes. “Separately on Friday, US prosecutors confirmed they had seized roughly $700mn worth of cash and equities from Bankman-Fried, including more than $500mn worth of shares in the trading platform Robinhood.” Oh my god. I had no idea SBF still had so much moolah left behind in the wake of destruction FTX caused.We lionized and p...

Crypto promised us so much. What happened?SBF is a gift that keeps on giving. There is so much drama and twists in this crypto thriller episode unfolding before our eyes. “Separately on Friday, US prosecutors confirmed they had seized roughly $700mn worth of cash and equities from Bankman-Fried, including more than $500mn worth of shares in the trading platform Robinhood.” Oh my god. I had no idea SBF still had so much moolah left behind in the wake of destruction FTX caused.We lionized and p...

The Mormon Church isn’t just powerful because of the strength and faith of their community, they also have a $100B fund that rivals some of the biggest players in the world.I don’t think I am the only one who didn’t know that the Mormon church has such a huge hedge fund. Nothing is transparent in that world. Have you ever wondered about the secret financial dealings of religious institutions? What goes on behind those closed doors and hush practices? I don’t just mean the Mormon church, but a...

The Mormon Church isn’t just powerful because of the strength and faith of their community, they also have a $100B fund that rivals some of the biggest players in the world.I don’t think I am the only one who didn’t know that the Mormon church has such a huge hedge fund. Nothing is transparent in that world. Have you ever wondered about the secret financial dealings of religious institutions? What goes on behind those closed doors and hush practices? I don’t just mean the Mormon church, but a...

How far is too far? Should we be allowed to play God and bring back the dead?Colossal is a de-extinction company that specifically wanted to bring back the Wooly Mammoth from the Ice Age. Now, they want to revive the Dodo too. So they haven’t actually brought the Wooly Mammoth or Dodo back to life, but they certainly did birth a “Unicorn” into reality. They have raised another whopping $150M and has become a Unicorn. And that’s not even their final form because the $150M is just their series ...

How far is too far? Should we be allowed to play God and bring back the dead?Colossal is a de-extinction company that specifically wanted to bring back the Wooly Mammoth from the Ice Age. Now, they want to revive the Dodo too. So they haven’t actually brought the Wooly Mammoth or Dodo back to life, but they certainly did birth a “Unicorn” into reality. They have raised another whopping $150M and has become a Unicorn. And that’s not even their final form because the $150M is just their series ...

AI is making our lives so much harder it seems.In an era where reality is increasingly blurred with fiction, the recent fake Pentagon explosion incident reminds us just how dangerous AI can be. The explosion, which was falsely reported and spread through various channels, really scares me. We need more prudence and discernment in navigating the vast landscape of information in the digital age. In an era where reality is increasingly blurred with fiction, the recent fake Pentagon explosion inc...

AI is making our lives so much harder it seems.In an era where reality is increasingly blurred with fiction, the recent fake Pentagon explosion incident reminds us just how dangerous AI can be. The explosion, which was falsely reported and spread through various channels, really scares me. We need more prudence and discernment in navigating the vast landscape of information in the digital age. In an era where reality is increasingly blurred with fiction, the recent fake Pentagon explosion inc...

Huang, a kindergarten teacher in China quit her job after her first venture into live-streaming saw her rake in 10 years’ worth of salary in one broadcast that garnered more than 100m views.Even I want to be a livestreamer now! With a smartphone and an internet connection, one can do virtually anything in our wild, wondrous world today. Have you heard of the kindergarten teacher who switched gears and became a successful livestreamer, earning a jaw-dropping amount that most people accumulate ...

Huang, a kindergarten teacher in China quit her job after her first venture into live-streaming saw her rake in 10 years’ worth of salary in one broadcast that garnered more than 100m views.Even I want to be a livestreamer now! With a smartphone and an internet connection, one can do virtually anything in our wild, wondrous world today. Have you heard of the kindergarten teacher who switched gears and became a successful livestreamer, earning a jaw-dropping amount that most people accumulate ...

Say Hi to Linda, the new CEO of Twitter that Elon hand-picked to replace him.Elon tweeted last year that he wants to find a CEO to replace him. He also questioned who would be “foolish” enough to take up the job. True to his word, he actually found a new CEO. The lucky person is Linda Yaccarino. This unexpected move has sent shockwaves through the digital landscape, leaving users and investors alike wondering what lies ahead for the popular platform. Thing is, he sort of released the news ahe...

Say Hi to Linda, the new CEO of Twitter that Elon hand-picked to replace him.Elon tweeted last year that he wants to find a CEO to replace him. He also questioned who would be “foolish” enough to take up the job. True to his word, he actually found a new CEO. The lucky person is Linda Yaccarino. This unexpected move has sent shockwaves through the digital landscape, leaving users and investors alike wondering what lies ahead for the popular platform. Thing is, he sort of released the news ahe...

Polygon might emerge from this bear market as one of the survivors who understands the power of collaboration.Sports franchises in the pays athletes to come over and join their team. The Los Angeles Lakers extended Lebron James’ contract for 2 more years and paid him nearly $100M. David Beckham’s Inter Miami is reportedly paying Lionel Messi to come over and play for them. Al-Nassr paid Cristiano Ronaldo $200M/year to come play for them in Saudi Arabia. Political parties offer patronage jobs ...

Polygon might emerge from this bear market as one of the survivors who understands the power of collaboration.Sports franchises in the pays athletes to come over and join their team. The Los Angeles Lakers extended Lebron James’ contract for 2 more years and paid him nearly $100M. David Beckham’s Inter Miami is reportedly paying Lionel Messi to come over and play for them. Al-Nassr paid Cristiano Ronaldo $200M/year to come play for them in Saudi Arabia. Political parties offer patronage jobs ...

Art is in the eye of the beholder. That is fundamentally why some art work are worth millions and others are just average.A recent incident in South Korea has sparked a heated debate among art enthusiasts and the general public. A student at an art exhibition, who remains unnamed, consumed a banana taped to the wall, part of an artwork created by Italian artist Maurizio Cattelan. The balls of this kid. Also, the stupidity of this kid. How mistaken, entitled, uninformed or misjudging must you ...

Art is in the eye of the beholder. That is fundamentally why some art work are worth millions and others are just average.A recent incident in South Korea has sparked a heated debate among art enthusiasts and the general public. A student at an art exhibition, who remains unnamed, consumed a banana taped to the wall, part of an artwork created by Italian artist Maurizio Cattelan. The balls of this kid. Also, the stupidity of this kid. How mistaken, entitled, uninformed or misjudging must you ...

Art handlers hold a painting titled “La montagne Sainte-Victoire” by Paul Cezanne (estimate on request: in excess of $120,000,000) during a photo call to present the highlights from the estate of the philanthropist and co-founder of Microsoft, Paul G. Allen in London on Oct. 14, 2022.Everyone knows Bill Gates, the legendary businessman who founded Microsoft in 1975. How many of y’all know he had a cofounder? Paul Gardner Allen was his cofounder and childhood friend who joined him to start Mic...

Art handlers hold a painting titled “La montagne Sainte-Victoire” by Paul Cezanne (estimate on request: in excess of $120,000,000) during a photo call to present the highlights from the estate of the philanthropist and co-founder of Microsoft, Paul G. Allen in London on Oct. 14, 2022.Everyone knows Bill Gates, the legendary businessman who founded Microsoft in 1975. How many of y’all know he had a cofounder? Paul Gardner Allen was his cofounder and childhood friend who joined him to start Mic...

Cathie Wood defended her firm’s decision to bail on NVidia Corp. before the chipmaker’s shares surged 160%. But seriously, are we overreacting?In the world of investing, one moment can make or break a reputation. Cathie Wood, the renowned fund manager and founder of ARK Invest, recently faced criticism for selling Nvidia stock just before it experienced an unprecedented bull run. Headline: “Cathie Wood’s Blunder: Dumping Nvidia Stock Before its Historic Surge”. People are calling her “dumb”. ...

Cathie Wood defended her firm’s decision to bail on NVidia Corp. before the chipmaker’s shares surged 160%. But seriously, are we overreacting?In the world of investing, one moment can make or break a reputation. Cathie Wood, the renowned fund manager and founder of ARK Invest, recently faced criticism for selling Nvidia stock just before it experienced an unprecedented bull run. Headline: “Cathie Wood’s Blunder: Dumping Nvidia Stock Before its Historic Surge”. People are calling her “dumb”. ...

Tesla has something other car makers don’t — superior profit margins!“In Q3, Tesla made $15,653 in gross profit on each car it sold, per Reuters — more than double Volkswagen’s gross profit per vehicle, four times Toyota’s, and five times Ford’s.” That is astounding. $15K per car don’t sound tremendous until you realise Tesla reported delivering 1.3M cars just in 2022 alone! “Tesla revenue for the twelve months ending September 30, 2022 was $74.863B, a 59.8% increase year-over-year.” They mad...

Tesla has something other car makers don’t — superior profit margins!“In Q3, Tesla made $15,653 in gross profit on each car it sold, per Reuters — more than double Volkswagen’s gross profit per vehicle, four times Toyota’s, and five times Ford’s.” That is astounding. $15K per car don’t sound tremendous until you realise Tesla reported delivering 1.3M cars just in 2022 alone! “Tesla revenue for the twelve months ending September 30, 2022 was $74.863B, a 59.8% increase year-over-year.” They mad...

One of the most profitable hedge funds of all times, Citadel generated $16 billion in profits for its investors in 2022, and earned $65.9 billion in net gains since 1990, making it the top-earning hedge fund everWe get it. It is the bear of bear markets. We had years of zero interest rates and everyone was winning left and right with no regard for anything. So when the bear market growled and attacked, it was brutal. Everyone got hurt. Some got sent to the pearly gates while others live anoth...

One of the most profitable hedge funds of all times, Citadel generated $16 billion in profits for its investors in 2022, and earned $65.9 billion in net gains since 1990, making it the top-earning hedge fund everWe get it. It is the bear of bear markets. We had years of zero interest rates and everyone was winning left and right with no regard for anything. So when the bear market growled and attacked, it was brutal. Everyone got hurt. Some got sent to the pearly gates while others live anoth...