Ralph

@FracSlap A copy, please. Thank you, Collin.

This was bookmarked 731 times. If you want the PDF of the deck just comment here and I'll have an agent send it to you.

Your annual Donald Rumsfeld IRS Tax Day Letter appreciation post.

Matt Mahan as California governor would be an *incredible* whitepill If we want to save California, this is the one way it could happen

@Afinetheorem 🤫

Urbanism Twitter is talking about SLO right now. In my view, the most wasted land in America. The two counties have perfect weather, beautiful coastal scenery...and the population density of Belarus or Missouri, growing 1/3 slower than US as a whole since 2000. Madness. 1/2

So…quite a week. Iran 8 days old and has WTI at $90+/bbl with no relief in sight given Straits closed, no obvious indicator when it opens and Middle East beginning to shut-in production. Slowly dragging up out year pricing. Hang on for the ride. Thread of thoughts. #EFT #OOTT

Tension's now action in Iran, bigger/badder than before. Yet oil only trading at June2025 conflict levels.With wider range of “what if” outcomes, more possibility of tail risk, should imply higher prices than last conflict. I don’t know, but Iran thoughts thread below. #EFT #OOTT

@businessbarista This is great. Key is to be in an org that supports this way of thinking.

I stole this idea and now use it with every single employee. It’s the best illustration I’ve seen of teaching someone to be high agency. It says there are 5 levels of work: Level 1: “There is a problem.” Level 2: “There is a problem, and I’ve found some causes.” Level 3: “Here’s the problem, here are some possible causes, and here are some possible solutions.” Level 4: “Here’s the problem, here’s what I think caused it, here are some possible solutions, and here’s the one I think we should pick.” Level 5: “I identified a problem, figured out what caused it, researched how to fix it, and I fixed it. Just wanted to keep you in the loop.” Using this framework, here’s what I say to every new employee… You will live at Level 4 from Day 1 and as we build trust you will rise to Level 5. Being high agency doesn’t just mean tackling problems in this way. It means your entire way of working should be oriented to being a Level 4+ employee. Plz feel free to steal it as well. And ty @stephsmithio for the framework!

Ezra Klein on Charlie Kirk: “You can dislike much of what Kirk believed and the following statement is still true: Kirk was practicing politics in exactly the right way. He was showing up to campuses and talking with anyone who would talk to him. He was one of the era’s most effective practitioners of persuasion. When the left thought its hold on the hearts and minds of college students was nearly absolute, Kirk showed up again and again to break it. Slowly, then all at once, he did. College-age voters shifted sharply right in the 2024 election. “That was not all Kirk’s doing, but he was central in laying the groundwork for it. I did not know Kirk and I am not the right person to eulogize him. But I envied what he built. A taste for disagreement is a virtue in a democracy. Liberalism could use more of his moxie and fearlessness. In the inaugural episode of his podcast, Gov. Gavin Newsom of California hosted Kirk, admitting that his son was a huge fan. What a testament to Kirk’s project.” “Kirk and I were on different sides of most political arguments. We were on the same side on the continued possibility of American politics. It is supposed to be an argument, not a war; it is supposed to be won with words, not ended through bullets. I wanted Kirk to be safe for his sake, but I also wanted him to be safe for mine, and for the sake of our larger shared project. The same is true for Shapiro, for Hoffman, for Hortman, for Thompson, for Trump, for Pelosi, for Whitmer. We are all safe, or none of us are.”

@PumpJackJohnson Yep 🫤

@astupple Appreciate this idea and I would love to learn how to do this better with my daughter - or learn that I’m not overly controlling. Being a parent in the moment is tough!

It's very easy to use control to safeguard a child, but call it support. It's a bit trickier to use creativity to safeguard a kid, but it's much more fun and relationship-building.

From the comments: "In an environment where entire industries are engineered to exploit children’s instincts, sovereignty without safeguards risks handing their autonomy over to profit-driven systems." Several points:

@PumpJackJohnson What does the well file say 🤷🏼

Does this well have TBG in the hole?

@joshyoung @BoringBiz_ For clarification, we don’t want $140. That’s bad for the industry overall. But a return to $85 would be great.

@joshyoung @BoringBiz_ Josh, I hope you’re correct (my company is hurting at $60) but we don’t think Trump will let that happen due to politics (he wants cheap gas).

What finance related opinion do you have that will have people like this?

@JulieChangRE Interesting! I thought everyone was just buying lots of chips.

At Whole Foods just now. Lotsa shelves empty I asked what’s going on. One of the largest food distributors in the US got cyberattacked That’s umm troubling the food supply can be disrupted this way

@rocks_boffin Ok will stop and go laugh at the PE jokes

@BoringBiz_ I know the feeling and it’s almost impossible for me to explain it.

We are incredibly blessed in the context of history but everyone is somehow depressed or not content with their life. Will never make sense to me

Hey you. Yeah, you! You used #oil today. A lot, actually. In fact, your day would be really crappy right now without #petroleum and it's byproducts. #caleg

@ClarksonsFarm1 Fantastic

Farming royalty meets Prince William 😁

@PettitFrontier @astro_Pettit These are amazing!

@rocks_boffin 😂🤬