@416ash

JUST IN: 🇺🇸🇮🇷 US fighter jets strike IRGC naval boats in the Gulf after Iranian forces targeted a vessel near Bandar Abbas, Al Jazeera reports.

Ferrari has officially unveiled the Luce, its first all-electric car and five-seater ⚡️ 1,050+ hp from four motors, one per wheel ⚡️ 0-62 mph in 2.5s ⚡️ 0-124 mph in 6.8s ⚡️ Top speed of 193 mph ⚡️ 122 kWh pack, 330+ miles of range ⚡️ 800V architecture, charging up to 350 kW ⚡️ Interior co-designed by Jony Ive's LoveFrom ⚡️ No synthetic motor sounds ⚡️ Plays real motor vibrations amplified like a guitar am ⚡️ First deliveries October 2026

My initial take on CPP’s 7.8% annualized return: 1) Comparing CPP to an equity-only index is financial malpractice. If that's your take, you need to go do some homework. 2) CPP is a pension plan with both long-term and shorter-term liabilities. It is normal and necessary for it not to be 100% equities. That would be reckless. 3) Even comparing it to an 85/15 equity/fixed income benchmark is flawed. CPP has roughly 22% in credit/fixed income and about 20% in real assets. Those real assets are much harder to benchmark and often rely on models, appraisals, and projected cash flows. 4) The 7.8% return may still represent underperformance, but likely not by as much as some people on here are suggesting on this platform. 5) IMO, The more important area to scrutinize, is the asset mix, especially the exposure to credit and private equity. CPP has meaningful allocations to both, and a lot of private credit risk is ultimately tied back to private equity-backed businesses. That's the real area of concern for me. Not the 7.8% return which may or may not be good given on how hard it is to find an appropriate benchmark.

Paramount is apparently trying to suppress copies of "Only in Monroe" from appearing on other social platforms by filing frivolous copyright notices, even though the show was produced by a public access TV channel and doesn't use their intellectual property...

Thomas Massie says he’s gonna publicly read off the names of Epstein’s clients before his time in Congress is up. No name would surprise me. The real surprise would be if any of this actually led to real prosecutions of the powerful people involved.

Odds of making money: 1 year in stock market: 74% Blackjack: 42% Slot machine: 5-10% Lottery ticket: 5%