Paul Mohme

What? It's not sufficient to park their money in an index fund or a blind trust? Lawmakers need to be active traders to take care of their families?

@theblockspot Would pick Magic second after MJ.

We all know it’s LeBron, MJ… or MJ, LeBron… but who is the THIRD best player in NBA history ???

CAITLIN CLARK WHAT THE FUCKKKKKKKKK

Shopify CEO Tobi Lutke explains Goodhart’s law and why he doesn’t like KPIs or OKRs “Goodhart’s law is real. The moment a metric becomes a goal, it’s no longer a useful metric… No metric by itself is a complete heuristic for a complex business. There’s a million different tensions in a company, and you can’t keep all of them in harmony by optimizing for one thing.” For this reason, Shopify doesn’t use KPIs or OKRs. But as Tobi explains, this doesn’t mean they don’t value data and metrics. “We are extremely data informed. We have invested enormous amounts of money and time into systems that give us basically everything at our fingertips… But what Shopify attempts to do is just not over-fit for what’s quantifiable.” People love optimizing for highly-quantifiable things because there’s immediate gratification that comes from seeing a number go up. But Tobi thinks that the most important aspects of a product are rarely quantifiable: “The overlap of the most valuable things you can do with a product and the things that happen to be fully quantifiable are like maybe 20%. Which leaves 80% of a value space unaddressable by the people who only look at quantifiable things.” He continues: “Shopify is comfortable with unquantifiable things like taste, quality, passion, love, hate… The sort of deep satisfaction that a craftsperson feels when they’ve done a job well is actually a better proxy if you allow it to be.” They then have robust analytics systems that tell the company if something’s wrong or a new rollout breaks something. “We think about it as a cockpit for a pilot. The decisions are still made by pilots, and we think this leads to better results… I think there needs to be more acceptance in business of unquantifiable things… And then metrics take a support function.” Source: @lennysan (Feb 2025)

@Jason Makes high level strategic sense for @Google as a means to front run Waymo expansion and secondarily as a way to compete with DoorDash (for data, not delivery customers)

Uber is going to be bought by Google/Waymo, Amazon or Tesla/SpaceX in the next year. For a “buy it now” price of $250b, one of those three companies gets a $12b a year free cash flow machine with $70b in revenue — and hundreds of millions of global customers This is the most obvious M&A deal since Instagram, Android and YouTube transformed Meta and Google Discuss

@StockMarketNerd Means $amzn has room to run

Berkshire 13F just doesn’t have the same allure post Buffett retirement

@WCCSG_ Architect of the fall of the @pac12

What are your thoughts on Larry Scott?

Amazon for Macy's 🤯

@StockOptionCole Wonder how the squeeze feels...

Michael Burry charges a fee to tell his Subscribers he's shorting $NVDA since $200 I've never witnessed a bigger idiot than him

@MorgenHatton @eBay @ryancohen No offer accompanied by a highly confident letter is credible.

Think of @eBay like a house owned by shareholders. The board is supposed to be the babysitter watching the house for the owners. @RyanCohen knocked on the door and said: “I want to buy the house. Here is my offer.” The babysitter said: “No. We are not even interested.” So now Ryan can basically say: “Fine. Then I’ll talk to the actual owners.”

@MikeRegaladoLA @ucladodgerfan21 share.google/Vpycjabrvrk4QA…

Rent vs. buy is dumb. Lease vs. own is dumb. Kids vs. no kids is dumb. Stocks vs. real estate is dumb. Arguing about your personal decisions is dumb. Live your life how you want. Just be smart about it.

@StoolWestwood Pretty well correlated to performance of our revenue sports...

According to recently-released EADA data, reported revenue for UCLA Athletics in FY25 was $173,429,394 Comparatively, this ranks: 32nd in FBS 27th in public schools 11th in Big Ten 3rd in CA 1st in CA public schools thoughts?

@APompliano @ryancohen Not winning anything with a highly confident letter

eBay has rejected @ryancohen's bid for the company. Ryan says the fight is not over. The $GME CEO is playing to win.

@BoilerPaulie You might want to look up the difference between a highly confident letter and a commitment letter.

Allow me to translate this letter from eBay for those who don’t speak legalese: Ryan, We got your unsolicited offer to buy eBay for $125/share (half cash, half stock) supported by your 5% economic interest in eBay. Our board, backed by the usual crew of bankers and lawyers who get paid either way, “thoroughly reviewed” it. We’re rejecting it. Not because the math doesn’t work. Not because the highly confident letter from TD Securities for up to $20B on top of your $9B+ cash pile is fake. None of that. We’re rejecting it because your entire approach to running a company is an existential threat to how we like to operate here. Here are the reasons we feel this way, and the things we considered before paying consultants to write this: 1) We’d rather keep milking eBay as a “standalone” cash cow than let you turn it into something bigger and better. 2) Sure, you’ve got real financing lined up and you “know people” with deep pockets, but we’re going to call it “uncertain” anyway so we don’t have to engage. 3) Your plan would actually force real long-term growth and profitability changes we’d rather not be held accountable for. 4) The debt we pretended you can’t even obtain, the operational integration and focus on seller satisfaction, and most importantly, putting someone like you in charge of the combined entity all sound like a nightmare for our current leadership structure because all of us would have zero job security. 5) The valuation math only looks bad if you ignore the 46% premium you’re offering our shareholders and the upside from fixing eBay the way you fixed GameStop, which we are choosing to do and hoping nobody notices. 6) And I hope we buried the lede far enough here: Your governance and executive incentives are completely incompatible with ours. You and your board take zero cash, no salary, no bonuses, no golden parachutes. You buy shares with your own money and only get paid if shareholders win. We, on the other hand, like our nice, reliable annual payouts regardless of whether the stock is flat or the company is just coasting. We’re not about to hand over our golden goose to a guy who eats only what he kills. Look, eBay is “strong” and “resilient” in the way every entrenched public company says it is while handing out eight-figure checks and perks to the C-suite. We’ve done the usual incremental stuff: tweaked the marketplace a bit, returned some capital, and we’d like to keep doing that without any cowboy from GameStop coming in and demanding actual skin-in-the-game accountability. Can you just leave us alone? Our team remains focused on protecting the current regime and delivering “value”… mostly to ourselves and our consultants. Thanks, but no thanks, Paul S. Pressler
Chairman of the Board, eBay
(And proud beneficiary of the status quo)

@latsondheimer What will help is a home team that wins games.

Inside the Rose Bowl's $30 million makeover: Will it help the stadium stay relevant? latimes.com/sports/ucla/st…

@BowditchP @APompliano @ryancohen Prepare for some hand waving...

@APompliano @ryancohen How will they adjust his comp package for dilutive acquisitions?

I am interviewing @ryancohen tomorrow. What questions do you have for him?

@chrishume_ Band of Brothers, The Pacific, Masters of the Air

Must watch American movies before the 250th: The Patriot Saving Private Ryan Remember the Titans Top Gun Independence Day American Sniper Lone Survivor Ford v Ferrari Miracle What did i miss?

@theblockspot Yeah, guys like Magic Johnson who rate MJ #1 don't know much about hoops.

Every time LeBron plays basketball, he widens the gap between him and the other all-time greats. It is absolutely ridiculous that he is still an ELITE athlete, at 41 years old. Anybody who tells you longevity doesn’t matter… is wrong.

@ryancohen Now re-do this adjusting for spin-offs ($PYPL) and big gain divestitures (Skype, StubHub, etc.)

only in corporate america 💩