Interesting post. You get a follow

I think you are right. I could make a technical argument that the new bitcoin purchases buttresses the senior preferred, but if you can't trust the sponsor you can't trust the payout.

Question for experts: Strategy funded the new bitcoin purchases by selling common and junior preferred. Does that act strengthen senior preferred due to extra collateral without dilution, or weaken senior pref by making the whole edifice more shaky?

The markets are responding to the pushback. Surprising happy news.

And what exactly do you think Schumer could have done? Called them big, fat liars and stormed out of the room? Stamped his feet?

I hate to be un-cynical about this, but I think she just grew tired of the game.

What's out so far does not seem to me to be as bad as it could have been for Trump. Knowing about evil behavior and not reporting it is very bad, but it is not the same as participating in it. It surely puts Trump in a bad light, but I think he will survive if that is all there is.

Dersh is a protected class. Surprised a lawyer like you did not know that.

"One chord is fine. Two chords are pushing it. Three chords and you're into jazz." Lou Reed

You just have to pick your spots

Ambient does not equal ambience.

A pronounced difference.

Because our ancestors in Egypt didn't have time to tattoo every letter of a word.

Good to see disaggregated data. By age group at least.