I originally posted this thread on Twitter but decided to alter it slightly for the blog. Also, I wanted to keep it in the archives in case Twitter ever gets shut down or bans me. It is a work of art that must be preserved.
Without further ado, I present WeOffice: The Rise and Fall of WeWork. Told through a series of GIFs from The Office.
Starring Michael Scott as Adam Neumann.
The big news yesterday was Charles Schwab and TD Ameritrade slashing the fees it charges for trades on stocks, funds, and options to zero. This news follows days after Interactive Brokers announced unlimited no-fee trades. Your move Fidelity.
Last week, Twitter launched a new feature in the US and Japan that will now allow a number of users to hide replies on their tweet threads. This feature had previously been deployed in Canada and Twitter has mentioned the feedback they’ve received so far has been pretty positive—or so they say.
Nearly my entire investing career has been focused on the public markets. I work for a private employee-owned company but I’ve never invested in any private companies outside of my own.
Recently, I started to become more interested in tech startups and private markets—mostly because of the hot IPO market in the last two years. I wanted to get involved early and see a different side of investing. I also wanted to diversify across different markets to generate alpha.
I recently bought a slightly used truck from a relative. First time truck owner. Let’s just say that my testosterone is currently in a bull market right now. Pro-tip: In some states, if you purchase a vehicle from a relative you don’t have pay sales tax—which can easily add up to $3-4k.