Wayne Boatwright

My recent #podcast. #Transcending #Tragedy: A #Father's Journey from #Incarceration to Personal ... youtu.be/M0IWBpQRLRQ?si… via @YouTube

A $60B data center sponsorship opportunity landed on my desk.The kind of platform that can change a career. The kind of “pinch me” moment founders and sponsors work a lifetime to earn.And then reality set in: California’s proposed billionaire wealth tax makes holding illiquid infrastructure equity while living in CA potentially untenable.Why? Because infrastructure wealth is not cash. A data center is concrete, steel, power infrastructure, covenants, and long-duration execution risk. You cannot sell off “a wing” of a 1GW campus to pay a tax bill. If the project does not distribute for years (common in megaprojects), the obligation becomes a forced financing event: dilute, lever up, or strip cash the moment it finally shows up. None of those outcomes are pro-growth.I am not posting this as politics. I am posting it as math and incentives. Capital moves. Sponsors move. Headquarters move. And the slow erosion is what people underestimate.Special thank you to Chris Hyland, who helped run the regression analysis on the financial consequences of this billionaire tax on me. I had a mental block until he helped me see the numbers in writing.If we want California to stay competitive in AI, power, and infrastructure, we have to get honest about what policies do to real-world project formation.#Infrastructure #DataCenters #California #CapitalMarkets #EconomicDevelopment #AI #ProjectFinance #TaxPolicy Read on LinkedIn linkedin.com/build-relation… Listen to GRO MONEY NEWS podcasts.apple.com/us/podcast/gro…

Holiday hangover meets deal hangover: U.S. markets reopen after Presidents’ Day while Asia trades thin into Lunar New Year closures. Today we cover the key rate drivers (including Treasury supply), what softer mortgage rates may mean for housing demand, a trophy luxury retail real estate deal, a notable shipping M&A consolidation, and the new 1099-DA crypto tax reporting wrinkle that can inflate taxes if your records are messy. Plus: a practical “two-speed capital stack” hot sales idea and a nod to SIMERP as the no-cost employee benefit that can save $630/year in taxes—powered by GRO GROUP and up to 100% financing for data centers, solar farms, oil and gas, and ground-up development. Read on LinkedIn linkedin.com/build-relation… Listen to GRO MONEY NEWS podcasts.apple.com/us/podcast/gro…

Most of us want to belong to someone. To be chosen, repeatedly, across time. But we've been sold a lie: that if you have to design it, if you have to put it on a calendar, it's not real love. That's false. open.substack.com/pub/wayneboatw…

More evidence of systemic decay

This is concerning

@SenRandPaul I approve of this method to discourage use of boats for drugs. I hope it is legal.

Two people survived one of the recent boat strikes. They were not detained, not checked for drugs, not prosecuted. They were sent back to be tried in their own country. If the strike was based on the assumption that the boat was carrying drugs, and the survivors weren’t even investigated, do we suspect government simply didn’t have enough proof in the first place? The Constitution requires Congress to authorize war. Until then treat this as law enforcement, not warfare. Lesson to be learned: Adhering to due process prevents chaos and protects the Fourth Amendment. You don’t maintain order by abandoning the Constitution.

@CodifyBaseball More importantly, consistency. If both teams got the same wide zone…

Imagine a playoff game where 25% of the called strikes were true balls.

@NBCSGiants No

Giants fans, do you want Bruce Bochy back? Read more: tinyurl.com/942uvfrw

@RonnieLottHOF No

Yes.

@cremieuxrecueil I’m not shocked

Abortions are the end result of a shockingly large share pregnancies. I've gone ahead and graphed their number between Roe v. Wade and 2020:

@nickgillespie Hmmm Over ten years was my interpretation

Amazing--and insanely wrong! Trump claims '$8 trillion in tariff revenue.' In all of 2024, total imports came to $3.7 trillion.

Serendipity, The Edge, the Flood, the Fire open.substack.com/pub/wayneboatw…

@JasonBassler1 In which world would that be ironic?

Turns out Palantir’s Alex Karp does value privacy—his own. Each of Karp's office windows reportedly have "acoustic devices that vibrate the glass with white noise to block laser eavesdropping." The man building surveillance tech shields himself from it. Ironic?

The Weight I Chose: A Life After Causing Death open.substack.com/pub/wayneboatw…

this is a huge huge deal.

@DataRepublican Free fall? Really?

I looked up Census numbers this morning and found something surprising. The total U.S. population of people who identify as White alone and not Hispanic/Latino peaked at about 197 million in the early 2010s. Since then, it has steadily declined, and went into freefall in 2020, falling to about 191 million in 2023.

@FT If population is declining, why must they grow?

The world’s largest economies will lack the workers they need to power growth and keep prices stable in the coming decades unless they attract more foreigners, top central bankers warned at annual meeting at Jackson Hole on.ft.com/3V3SjLn

@esaagar The digital telescope of big data shows: lack or African Americans: Although they represent approximately 13-14% of the U.S. population, over 30-35% of dialysis patients are Black. Black Americans are more than four times as likely to develop end-stage kidney disease (ESKD)

Fact: 1% of all federal spending is dialysis for boomers on Medicare

@FT Attack on the Federal Reserve or just calling out wrongdoing? Are you sure?

The US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post in the latest escalation of the Trump administration's assault on the central bank. on.ft.com/4mAv1Ja

@cremieuxrecueil You sure it is people and not times?

It's shocking that so many people are criminals. The numbers for men born in 1991 are 1-in-16 White men, 1-in-7 Hispanic men, and 1-in-4 Black men, and that's just the people who actually end up in jail.