Let's say the politicians goals are to reduce the CEO-to-worker pay gap, while also increasing government tax revenues. Instead of "quadrupling the tax on stock buybacks" why wouldn't you implement the surcharge on stock issuance - ie C-suite options packages? Gets you to the

Meanwhile, taxes in California are probably too low... Buddies NFL setup...not bad!

Investing quote of the day:

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Nice Kai Wu! 🔥

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Finally, we get the 4% vol ETF the private credit guys have been pitching for years!

If you're coming to Future Proof next week and want to join for surfing Monday AM and Monday Nite Football, drop me a line!

Pets being eaten!!!

Can double this for the next two months.

Investing quote of the day:

On the flip side Morningstar, Inc. is trying to raise our prices by 70% ...

The Yale University endowment has a fellowship for new emerging investment managers... $25m seed and $2m working capital! Apply by October 14. investments.yale.edu/prospect/

Free beers and food alert! 🔥🔥🔥

What do you think are the most famous buy and hold asset allocation model portfolios? Updating my old GAA book and want to include five main ones in the text (and the rest can go in the appendix). My nominees....any more important or what's missing? Risk parity / Permanent

Investing quote of the day via @Naval: