𝗕𝗜𝗟𝗟 𝗦𝗪𝗘𝗘𝗧

@Musa_alGharbi @nytimes my favorite one of these is from 40 years ago same story: "private schools for children, designer clothes, drivers, nannies, housekeepers" sounds familiar: "It is real estate that creates the great divide." $600,000 in 1987 = $1.7 million in 2026 nytimes.com/1987/04/26/bus…

If there is a genre I truly hate in the @nytimes it's the frequent pieces featuring folks with multi-millions in assets and multiple hundreds of thousands of dollars in yearly household income describing themselves as middle class, and being credulously understood that way, while professionals with healthy six figure incomes engage in poverty larping because, of course, if these other people are "middle class" then they must themselves be "poor" or "working class" or "just getting by." More here: musaalgharbi.com/2025/01/01/how…

@dollarsanddata I saw something recently about incomes being lower but nope, that's a fail, incomes have gone up every year

At this point, it's undeniable that building housing lowers housing prices/rents, right? What's the NIMBY counter to this?

@AaronBMacLean @CBSNews @TheFP @schoolofwarpod congratulations Aaron semper fi

Some personal news! I’m joining @CBSNews and @TheFP, and @schoolofwarpod is moving to a new home at The Free Press. Check out a live-streamed episode of School of War at noon ET today with former CENTCOM commander General Frank McKenzie, where we’ll unpack the war in Iran.

How Do You Prepare for Market Uncertainty? Live at 1pm ET! @awealthofcs and @billsweet break down: • Managing risk when headlines won’t stop • Is there such a thing as too much Roth? • How the BOXX ETF really works • 529 accounts for adults (yes, really) Join us live. Ask questions. Subscribe for more.👇💸

@brandon 👊🇺🇸

God damn I’m proud to be an American.

@cullenroche this feels right to me, innovation is happening with everything, everywhere, all at once, a good proxy is the early rollout of tcp/ip, email, and that early internet explosion

Maybe AI isn't so much a job killer as much as it's just a huge decentralizer? In other words, it could kill the large corporate model, but it does so at the benefit of small businesses and entrepreneurs. Firms with huge back office staffs and paper pushers are in trouble. Entrepreneurs and small businesses are in a position where they can leverage AI so they operate like a much larger entity than they are while maintaining the lower cost structure and more efficient operation that allows them to eat into big corporation's market share. This will be disruptive and disinflationary, but it doesn't need to be catastrophic. That is, of course, until the robots take over and kill us all. But until then, it'll be really exciting. :-)

hey brother - thanks much for watching & supporting the show I wasn't talking about any specific fund or ETF in my response you might be right about SPYI and that's cool I was referring to shorting calls to generate income from an appreciated position - in that case on expiration net cash received is taxable as a short-term gain regardless of holding period I see how the wires got crossed the listener was asking about specific ETFs -> I was thinking about something different during the answer, and I should have clarified that thanks for the shout-out will look into the ROC question with the ETF guessing they're playing the §1256 or §1092 game - is that right?

@TheCompoundNews @awealthofcs Bill Sweet has no idea what he is talking about. During a recent compound show he stated SPYI yields are taxed as ordinary income and are tax inefficient. In fact they are classified as 1256 and ROC. Very tax efficient. Bad advice Bill. @billsweet @NEOSInvestments

"Covered call strategies should fall less than the overall market during a downturn because of the income component, but they still own stocks." 🤔 - @awealthofcs awealthofcommonsense.com/2026/02/can-yo…

@MPelletierCIO thank you Martin 🇺🇸 & 🇨🇦 forever ✊

Hockey players know no borders. Tough as nails.

Let freedom ring 🇺🇸

I suspect it's a bit of accounting magic actually NYS imposes a state sales tax of 4% plus each county sets their own ( Orange = 3.75% ) plus MTA ( a bullshit authority layered on ) so I think in the accounting of New York State above I'm only including the 4% tax and the county/local tax is on top unsure about this hypothesis but highly probable TLDR: by focusing only on state-level taxes we're undercounting the tax burden paid by NYers

@billsweet @dollarsanddata Weirdly the sales tax rate of 6% w locals up to 8.5%, is not unduly high Sales tax in nyc is higher….8.875 Clearly a spending gap drives all this then Im jealous

How does this not bankrupt Florida? I know they have a sales tax and some property taxes would still apply (e.g., investment properties), but my intuition tells me the math won't work here.

ah that's interesting, indeed, I mean, that's discretionary spending and not compulsory, obviously, so if true I'd say fine, but this is every family's choice, while taxation is not optional as a % of total enrollment, Florida private school population was ~12.8% compared to 12.3% in New York, so yes higher as a % and in raw numbers but relatively similar proportionally, so I suspect your observation is anecdotal / selection bias Florida appears to have +300,000 more public K-12 students and +100,000 private enrolled vs. New York in spite of relatively similar aggregate populations, likely due to age skews kinda supports your point though if Florida is educating +13% more kids at roughly 50-60% of the cost per pupil further, I believe both NY and FL fund schools at the local level via property taxes which serve as the primary source of funding, and not income tax (vs. CA which is the opposite as I understand it), although both do also redirect billions from state coffers to public education support this is not the primary funding source no clue if all the additional spending in NY results in additional achievement, guessing this is highly subjective

@billsweet @dollarsanddata Almost every single person that I know from Florida went to private school. And maybe that keeps taxes down, but you pick up a sedan’s worth of tuition for years too.

@WallStreetBean @dollarsanddata that checks out w/ me DM it's that plus cost of living differential plus there is just simply less bureaucracy and rent-seeking

@billsweet @dollarsanddata Yeah I think FL bureaucracy much more efficient than most states. Less red tape to cut through to get things done.

@MCCCANM I cannot fathom your strength in this moment. I pray you will find relief in the days ahead in all your travels. "the Lord is nigh unto them that are of a broken heart"

Deanna Evans, 46, passed away Tuesday after a lengthy battle w/ cancer. She leaves a son, 12. She wouldn’t want you to be sad. She’d want you to try that Michelin restaurant & order a Negroni. I loved her. She deserved more life & has taken most of my heart with her.

@BenSteiner1st God speed, fair winds, and clear skies "Many are the afflictions of the righteous: but the Lord delivereth him out of them all. He keepeth all his bones: not one of them is broken."

I have some rather bad news my X family... After a failed attempt to fix my swallowing issues temporarily this weekend I will be going on Hospice shortly. It's been a real pleasure to share my adventures with you guys and I wanted to let you all know it has meant a lot to me getting love and prayers from you all. Thank you to The AtTheMicShow peeps for having me in your community.

@golfntacos @RetroMoviesDB

@RetroMoviesDB @billsweet

The perfect phone cover doesn't exi....

@AlephBlog thank you David, very kind

Ritholtz Wealth Puts Succession Plan in Place As Co-Founder Barry Ritholtz Nears 65 wealthmanagement.com/ria-news/ritho… Congratulations to all at Ritholtz Wealth. Barry, Josh, & the whole team have built one amazing enterprise.

@anthonystich “My father said if you can live through February you can live another year” 26 more days

@billsweet here it is

"February is the worst month of the year, but it's an honest month that doesn't hold up life any better than it really is." x.com/billsweet/stat…

@ppearlman guy cracks me up what a legend

@billsweet This one gets me everyone you post it. lol!