BeanDog

This is the way.

This video lives rent free in my head ‼️‼️

Charlie Munger: "It doesn't help you just to know [the big ideas from many disciplines] enough so you can prattle them back on an exam and get an A. You have to learn these things in such a way that they're in a mental latticework in your head and you automatically use them for the rest of your life."

Fannie Mae $FNMA & Freddie Mac $FMCC: ▶️ Trillions in mortgages. ▶️ Billions in profits. ▶️ Stuck in public/private limbo. And one decision from Trump's White House could soon change everything. In this episode of Top Stocks, host @MattWeinschenk sits down with @WhitneyTilson, former hedge fund manager and longtime Wall Street insider, about how this could all play out. #fanniemae #freddiemac #mortgages #housingmarket youtube.com/watch?v=f-OKpz…

CLAUDE JUST GOT AN UPGRADE AND THE OLD PROMPTS DON'T WORK THE SAME ANYMORE. These 8 prompts are built for the new model. Copy them before everyone else catches up:

Panda's food cost on that plate is around $3. They sell it to you for ~$11. If you tried to make it at home you probably spent $15 on ingredients and an hour of your life to lose this race. Here's why the scale math is brutal. Panda buys boneless chicken thighs at wholesale: around $2/lb, sometimes less on contract. The same cut at your grocery store runs $3-5/lb. You're paying a 2x retail markup before you've turned on the stove. Then stack the ingredient tax. Orange chicken at home needs cornstarch, soy sauce, rice vinegar, sesame oil, orange juice, brown sugar, garlic, ginger, and frying oil. Each bottle costs $3-8. You use a tablespoon of each and toss the rest a year later. Panda buys these inputs in drums and the per-plate seasoning cost rounds to zero. Labor is where the comparison breaks. A Panda cook plates 200-300 entrees per shift. Marginal labor is ~90 seconds at ~$18/hr, so about $0.50 of labor per tray. You spent 45 minutes on yours. At any honest hourly rate, the time cost more than the meal. Panda sells 115 million pounds of orange chicken a year. At that volume, they're functionally a food manufacturer with 2,400 retail outlets. The plate is the last step in a commodities pipeline. A chain running 90-second wok labor on commodity chicken beats your home kitchen every time. That's the whole business.

Charlie Munger’s 1998 Harvard speech is the ultimate cheat code for life. He compressed 74 years of billionaire wisdom into just 30 minutes. Most people spend four years in college and learn less than what’s in this video. Save this video, you will come back to this.

My father handed me a framed poem the day I graduated college. No watch. No check. A poem. I didn't understand it yet. But I hung it in my cubicle at @HSBC, my first job out of my MBA program. It was called "Success"—attributed to Emerson—and it said nothing about corner offices, stock options, or your name on a building. It talked about laughing often. Earning the respect of honest critics. Leaving the world slightly less broken than you found it. I read it every morning at my desk. The same desk where I watched a global bank choose profit over national security and expected me to stay quiet about it. That poem became the most dangerous thing in my cubicle. Because when you internalize a definition of success that has nothing to do with money or titles, you become very hard to control. You can't threaten someone's career when they've already decided their career isn't the point. After I blew the whistle, I lost my job. I lost relationships. The bank paid $1.9 billion in fines. At the time, I thought I had lost everything. I actually gained everything. Resilience. Courage. Integrity that no one can take from me. It made me a stronger person. And every company I've built since—every decision I've made—is rooted in that poem my father gave me. My message to anyone starting their career: the focus is not making money. Make a significant positive difference. Try to leave the world a bit better. The money will follow. There is a lot of evil out there. But I choose to focus on the positive. I see so many people—CEOs, leaders, everyday professionals—trying to do the right thing. And it is encouraging. The right thing doesn't mean you have to blow the whistle on an international bank and stand up to terrorists and drug cartels. It's the little moments. Just focus on doing the next right thing. Baby steps. My father gave me the answer key before I even knew the test was coming. He showed me what success actually looks like—and I hope this reminds someone out there that the things worth building are always worth the cost. Success is knowing that even one life has breathed easier because you refused to look away. That poem still hangs on my wall. Different office now. Same standard.

@Salliepops @Xil_llix @PaskiMkate @fuckyouiquit @lindayaX @NYCMayor Many of the socialist countries you aspire to be cannot write on Twitter at 9pm in the evening on a Thursday. Capitalism did that.

@Xil_llix @cleaningthe626 @PaskiMkate @fuckyouiquit @lindayaX @NYCMayor Capitalism is infinite growth in a finite system. Profit before *everything*. Capitalism leeches off the workers who almost never benefit from it.

Happy Tax Day, New York. We’re taxing the rich.

@PaskiMkate @Xil_llix @fuckyouiquit @lindayaX @NYCMayor Socialism leads to destruction, we will deserve everything coming our way.

@cleaningthe626 @Xil_llix @fuckyouiquit @lindayaX @NYCMayor Medicare is socialism, look it up.

@IAmClintMurphy @BarkerAaron @DarrigoMelanie They just don’t get it…

Better than socialism anywhere and everywhere throughout time. Do many people flee capitalism to live in socialism or communism? I'm not against higher marginal taxes, done properly, but you have to first understand the purpose of the tax, the success rate and the downstream implications. We've introduced that tax in my city. 1. My wife was the manager responsible for the appeals of the tax and helped draft some of the policy 2. I've been in real estate development for 17 years and understand the impact these policies have on our industry But sure, throw out a line without much thought, that will serve well.

If one of the scariest things you’ve ever seen is a tax on a second home that you don’t live in that’s worth over $5 million, then you’ve lived a very privileged life.

This guy casually outperforming hedge funds & politicians YTD on Autopilot He's destined for DC

🔥NEW: Clarence Thomas — full remarks on progressivism, its foundations, history, and impact from his appearance at University of Texas at Austin: “Stalin, Hitler, Mussolini, and Mao were all intertwined with the rise of progressivism, and all were opposed to the natural rights on which our Declaration is based.” "Many progressives expressed admiration for each of them shortly before their governments killed tens of millions of people." "It comes as no surprise that the progressives embraced eugenics... It was only a small step for Wilson to resegregate the federal workforce." "It was only another step for the government to launch sterilization programs on those deemed by the experts of the day to be unfit to reproduce." “European thinkers have long criticized America for remaining trapped in a Lockean world, with its weakened, decentralized government and strong individual rights. They say our 18th-century Declaration has prevented us from progressing to higher forms of government." "But we were fortunate not to trade our Lockean bonds for the supposedly enlightened world of Hegel, Marx, and their followers. Fascism, which after all was national socialism, triggered wars in Europe and Asia that killed tens of millions." "The socialism of the Soviet Union and the People’s Republic of China proceeded to kill tens of millions more of their own people. This is what happens when natural rights give way to higher-good notions of history or progress, or, as Thomas Sowell has written, the visions of the anointed." "None of this, of course, was an improvement on the principles of the Declaration. Tocqueville's Democracy in America is largely about how America owed its superiority over Europe to its conscious decision to reject central planning and administrative rule, root and branch." "Progressivism, in other words, is retrogressive.”

LA multifamily back of the envelope underwriting below. You're welcome.

We were told we had to let in migrants to pay for our aging populations But it turns out the migrants are net drains on our societies So now we have to raise the retirement age on our aging populations to pay for the migrants 🤡

@Xil_llix @fuckyouiquit @lindayaX @NYCMayor This is the truth right here. The money being siphoned from the working class to the pet projects of these individuals is more wealth distribution, I don't know why these people can't look up what socialism actually does. Scary indeed.

@fuckyouiquit @lindayaX @NYCMayor You don’t get it, the problem is fraud and overspending, not the lack of taxes.

This video is literally 50 entrepreneurs giving you an MBA in 18 minutes:

In 14 minutes, this Anthropic engineer who wrote "Building Effective Agents" will teach you more about building them right than most developers figure out on their own in months. Bookmark this for the weekend. Then read the builder's guide below.

NEW LONG FORM VIDEO: The rise and fall of Sriracha So imagine building a $150 million a year food business with no investors, no marketing, no sales team, and really no formal plan. Now imagine you’re a Vietnamese immigrant fleeing the Vietnam War, arriving in the United States in 1979 with almost nothing except determination. Over time, you create one of the most beloved condiments in American history: Sriracha. But then the same instincts that helped you create this wildly successful product end up causing the business to unravel. It raises a simple question. How can the qualities that build something magical also lead to its downfall? That’s what this video is about. This is the rise and fall of Sriracha.

I shot this video while on a boat in the Rio Grande in Del Rio, TX on 9/18/2021 as 15,000+ Haitians flooded across the border illegally and set up a camp underneath the international bridge. Mayorkas later admitted 12,000+ of them were released into the U.S. Many of them later discarded their IDs and paperwork showing they had been living and working in South American countries for years (mostly Chile) as they prepared to make fraudulent asylum claims. Their documents were all over the ground. We collected many of them. House will vote on extending Haitian TPS today at 1:30pm.