Adam
8.2K posts

Adam
@AdamChudy
Bootstrapped 2 7-figure ecommerce brands. I tweet about starting, buying, investing & operating SMBs, ecommerce & operating on amazon (some razorback football)



Whenever I see things like these I assume it’s rage bait but then I remember how stupid the average American is and I understand why @DaveRamsey is so wealthy. Imagine paying down a 3.75% mortgage. The bank jumped for joy. They prob had a board meeting to party after seeing that $260k gift.





1. New evidence shows Amazon compelling specific sellers to hike their prices on other shopping sites. This is from depositions @guardian obtained from the California antitrust case. Expect a lot more to come out at trial. This drives prices up & is why Amazon has an iron grip.

People think this is "for no good reason" but the reason is very simple and fairly explicit: if you allow bankruptcy, you have to allow underwriting, and underwriting means not giving loans to a bunch of people they wanted to get loans.


The coaches and parents who allow this to go on are the problem. Instead of teaching kids how to play the game the right way and show respect for the opponent they’re worried about getting viral attention. Embarrassing.






France passed a law requiring solar panels on every parking lot with more than 80 spaces. Parking lots over a certain size have three to five years to cover at least half their surface area with solar canopies or face fines. The projected output: up to 11 gigawatts of capacity, the equivalent of 10 nuclear reactors. The panels shade the cars. They can charge EVs directly underneath them. They generate electricity for the grid. The parking lot goes from dead infrastructure to power plant without using a single additional acre of land. France plans to increase solar tenfold and double wind capacity by 2033. The US has approximately 800 million parking spaces. Eight hundred million. Most of them are uncovered asphalt sitting in direct sunlight. Why aren't we doing this?





In a free market, I can’t sell bread at 100× the normal price. Competitors will undercut me, and even if I buy them out, new ones will keep entering. That cycle never ends. Predatory pricing fails because the moment I raise prices, customers leave. Cartels fail because members cheat and new entrants break in. The only reliable way to maintain a monopoly is through the state. By trading favors with politicians, I can use government power to block competitors under the guise of regulation, public safety, or national interest. In reality, those rules exist to protect cronies like me. This can only happen publicly when the government passes regulations, because regulations are the public face of cronyism. Thus contrary to what dumb socialists think, solution is to protest and ask removal of regulations not billionaires and capitalism itself.









