Greg Arena

@TheICHpodcast Hey, im a fat alcoholic, I’ll tell you what to do with your money

Real estate mogul Ben Mallah explains that you can eliminate your tax bill by borrowing money from the bank and buying tax-free municipal bonds👀 “Basically, by borrowing money from the bank, you eliminate your tax bill if you properly invest it” “Let's say I own a building. Tomorrow, I go out and I refinance the building and pull a million dollars out of it, right? Fine. I owe the bank another million dollars. That million dollars is going to cost me roughly about 60 grand a year, right? So now, that 60 grand a year is going to come off of my income that I made that I can write off, right? So the place made 100 grand a year, now it's only going to make 40 grand a year because I'm giving the bank 60 for that million bucks. So now, I'm going to write off that money and only pay tax on the 40 grand. But what am I going to do with that million? I'm going to put it in tax-free muni bonds at five. So now I'm going to get paid 50 grand, right? But the 50 grand is non-taxable. It's 50 grand. If I were to make the 60 that I'm giving the bank, I would have had to pay tax on it… 37%”

@anishmoonka They keep offering me $2500 for my $8000 car

Carvana made about $6,800 in profit on every car they sold last quarter. The typical used car dealer makes around $1,500. Carvana makes four times as much because the car is just the start of what they sell you. About 85 out of every 100 Carvana buyers finance the car through Carvana. At CarMax, their biggest competitor, the same number is closer to 40. When you click "finance" on Carvana's website, they write the loan at one interest rate, then sell that loan to a bank or pension fund within days. They keep the gap between what you pay and what the bank pays them. That gap, multiplied across hundreds of thousands of buyers, is how they print money. Then come the add-ons. An extended warranty. Coverage that pays off your loan if the car gets totaled. An insurance referral to Root, a digital car insurance company Carvana owns a piece of. Each one stacks on top of the same checkout. The car is the bait. The loan is the meal. Everything else is dessert. This is why selling them your car at a price that felt too generous still works for them. The money they make on that trade-in shows up later, after the next buyer signs. They clean it up, sell it to someone else, and that someone else signs another Carvana loan. This is also why they aren't going anywhere. In May 2022 they bought ADESA, a used car auction company, for $2.2 billion. ADESA came with 56 auction yards across the US. Now Carvana owns the auction yard, the body shop that fixes the car up, the trucks that deliver it, and the lender that funds the next buyer. Every step of that car's journey happens inside something Carvana owns. Three years ago none of this looked like it would survive. Carvana's stock hit $3.55 in December 2022. They had over $5.7 billion in debt. The market thought they were going bankrupt. Then Apollo, a giant private equity firm, led a deal with their lenders that cut $1.2 billion of debt and pushed the deadlines out to 2028. Last quarter they sold 187,000 cars and made $405 million in profit in 90 days. They joined the S&P 500 in December. Their market cap sits near $84 billion. Bigger than Ford. The whole business looks confusing if you think of Carvana as a car company. The math gets simple once you see them as a lender that happens to deliver cars.

@danaparish @questlove Lmao, this whole cancer thing just came out of nowhere!

🚨 🚨 Shocking revelation from @questlove: “I’ve wondered is there a pandemic happening that I’m not aware of. I’ve had 11 friends die of Stage 4 cancer in the last year alone.” 🤯

@danaparish @questlove Lmao, like he had 11 friends ever

@Remzztrades Lmfao, the market is on an incredible 4 1/2 year tear you dumb fuck

So people forget. The market runs hot a few weeks out of the year. The majority of the year it’s spent consolidating and pulling backing into key levels. You don’t get these type of opportunities every single week. That’s why you make your money now and when the PA is no longer favorable you chill. At this point you’ve already milked the market for a ton of profit. You don’t fomo and take useless trades when the market slows down. Took me 3 years to understand this.

@BenjaminDEKR Lmao, bullshit Tesla commercial

Tesla Semi going into full production right as diesel threatens to hit $6 / gallon is amazing timing

@M44_1RJ This whole site has become one giant bullshit propaganda commercial for Tesla

This is literally what daydreaming is—10-year speculation is no man’s land. No one knows what will happen tomorrow. People in 2020, including CW, said the stock would be $2,000 in 2026—here we are sitting at the same level as in 2021. A lot of $TSLA retail investors lost everything, and some ended up where they started, flipping burgers. Try to be an investor with a realistic investment horizon—no daydreaming. That’s unhealthy!

@Tironianae Land of ten thousand lakes, I did a report on it in 5th grade

🚨 BREAKING: President Trump says NO MORE SOMALIANS in the USA. He's DONE. "Their country STINKS! They contribute NOTHING." 💯 "I don't want 'em, to be honest. OK? Some say, that's not politically correct. I DON'T CARE. I don't want them in our country. Their country's no good for a reason!" "I'm understanding Somalians ripped Minnesota that place for BILLIONS of dollars! And they contribute NOTHING. The welfare's like 88%!" "I always watch [Ilhan Omar] complain about our Constitution, how she's treated 'badly,' or it's a bad place, hates Jewish people, hate's everybody. She's a TERRIBLE person." "I watch what's happening in Minnesota, the land of a thousand lakes? This beautiful place, I see these people RIPPING it off."

@Quadcarl The cornball hat is the worst part

Nobody with a daughter who talks to them is OK with this.

@GaryMarcus Another old Asimov scifi tale like the robots

Almost every warning that I have issued over the last several years has come true. You better hope to God or Darwin or whoever you believe in that this one is wrong.

@be_like_ice Yep

Does anyone else have the kind of ADHD where you just kinda refuse to open mail?

@travisakers I didn’t pay any taxes

My federal taxes were $2,900 higher this year and I made 20% less income than last year. My property tax has tripled in six years. Our government is failing Americans.

@lyssasphere Carl Sagan

Authors everyone should be familiar with, imho: Edgar Allen Poe George Orwell Hunter S. Thompson Isaac Asimov Ken Kesey Lewis Carroll Ray Bradbury Are there any others that belong on this list?

@hotiiofficial Joe Weider stuff from the 1950’s

Met a man in the gym in his 50s with a physique most people want and I asked for his routine. He said: “Just 2 exercises per muscle group. Been doing it for 20 years.” Chest — incline bench + cable fly Shoulders — overhead press + lateral raises Biceps — hammer curls + preacher curls Triceps — pushdowns + overhead extensions Back — pull-ups + barbell rows Legs — squats + leg extensions Then I begin to wonder Are we doing too much in the gym just to feel productive during a workout?

@DigitalDaisyX @RektPlanet We have a machine for that already

@RektPlanet Here you go 😁

Optimus 3 feels like one of those moments where you can kind of feel history starting to unfold, even if it’s still early. If it scales, humanoid robots doing real work could change a lot, from factories to everyday tasks. That’s where $TSLA starts to feel like it’s more than just cars. Still early, but if they pull it off, it could quietly change how the world runs.

@DigitalDaisyX Lmfao, it’s gonna wipe your table!

@MinusWells @Tesla Lmao, it used to be 20 million EVs in 2030

🤖 Elon Musk Just Dropped a Jaw-Dropping Prediction: @Tesla Will Sell 1,000,000+ Optimus Robots PER YEAR by 2030 That's right, the man who revolutionized EVs and space travel now says humanoid robots will be bigger than cars. This could be the biggest wealth transfer in human history. You ready for the robot revolution?

@girdley Um, maybe because they raised the price to an outrageous $6 a box?

NEW LONG FORM VIDEO: Why America stopped eating cereal In February 2020, the CEO of Kellogg’s, the company famous for breakfast cereal, went on CNBC and made a surprising suggestion. He encouraged families to consider eating cereal for dinner because it was an affordable option. His name was Gary Pilnick, and he was earning more than $4 million a year. When he made that comment, the internet reacted harshly. TikTok users organized boycotts, and many people compared the moment to a modern version of “let them eat cake.” But what most people missed was that Pilnick wasn’t trying to insult customers. He was trying to save a struggling business. Cereal, once a staple of American households, had been in steady decline for decades. Many of us grew up eating it, everything from Cap’n Crunch to Grape-Nuts, but consumer habits had changed. Kellogg’s had once invented and dominated the cereal category. Yet after nearly a century, the company decided to exit the business entirely. The cereal division was eventually sold to an Italian confectionery company in what many saw as a fire sale, and the Kellogg name disappeared from the stock exchange after generations. So how did cereal go from a $14 billion a year industry in the United States to a product its own creator no longer wanted to own? This is the rise and fall of cereal.

@ThatMoviePage Imagine if anybody actually knew what was going to happen in the future

I was listening to the cast and crew commentary on ALIENS the other night and all Lance Henriksen says at this part is "Look at that shit". Why did they ever stop lighting movies like this.

@TheDefiantGhost Lmfao

Former CIA officer John Kiriakou dropped the scariest sleeper agent story you’ll ever hear. The Russians (and others) take kids basically from birth, rip them from their families, and raise them in fake American towns deep in Russia. American food, American TV, perfect American accent — the whole thing. Then they steal the identity of a dead American baby, get them a legit passport and Social Security number, and drop them into the U.S. They live normal lives for decades — travel agent, dad, neighbor, until one day they get “activated.”A coded radio message. Or a stranger whispering in their ear on the subway: “Report back… or I have to kill you.” One guy turned himself in to the FBI the second his daughter was born. He couldn’t do it anymore. This stuff is happening. How many “Americans” around you right now are actually waiting for that call?