The Arcane Texas Fact of the Day:

Measured by its results, the Battle of San Jacinto, which was fought 188 years ago today, was one of the most decisive battles in world history. The freedom of Texas led to the annexation of Texas by the United States and then to the Mexican

Columbia/Barnard Rabbi tells his Jewish students to go home -university can’t keep them safe. I can’t believe this is happening.

—

Dear Yavneh,

What we are witnessing in and around campus is terrible and tragic. The events of the last few days, especially last night, have made

Here's a protip, Mustafa.

Maybe next time don't invade your neighbor's house, rape his wife until her pelvis breaks then burn her alive, abduct his infant and grandmother as hostages, kill him and the kids, kidnap the daughter to be a sex slave to be raped at will … and then

Hydrocarbons win the ESG wars
JPMorgan warns of need for ‘reality check’ on phasing out of fossil fuels ft.com/content/352b38…

“You don’t need to be a rocket scientist—investing is not a game where the guy with the 160 IQ beats the guy with a 130 IQ...”

“What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding the framework.”

— Warren Buffett

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👀

Kind of been a chop fest in the PAs lately, c'est la vie. On the bright side back closer to home on the ESG front, coming in at 54% ESG weighting.

+33.2% ytd

Nuclear energy looking at the power grid:

Born in Bavaria, Kosmos Spoetzl’s love of beer took him as far as Egypt before arriving in Shiner, Texas. In 1915, he purchased the town’s brewery & became Shiner’s first official brewmaster, a post that he held until he died in 1950. Next time you open a Shiner, praise him!

Senior US military sources:
The target of the Israeli strike was an Iranian military base in Isfahan near Natanz, not the nuclear facilities themselves. “The Israelis hit what they intended to strike,” I am told. The targets within this strike included Iranian air defense systems

$ARKK -20% ytd, -11% 5yr. amazing

thx for playing

BREAKING: The House just voted overwhelmingly to advance the foreign aid bill for Ukraine, Israel, Taiwan, and Gaza.

The vote was 316-94 with 165 Democrats and 151 Republicans voting yes.

Up next, there's going to be separate vote on foreign aid to each nation which will

#Brazil 's Petrobras expected to pay 100% of withheld dividends, says newspaper O Globo #oott xm.com/research/marke…

Just saw that the hedge went on. DIRECTION NOW DOWN ON THE INDICATORS, RISK OFF, still short crypto futures, NQ timing and down to only 12 of 30 sector ETFs long. I have no idea whether or not this caves in or rallies to new highs, but it's time to be extra cautious, keep stops

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CRE CLO Distress Rate Surpasses 10% ⁦CRED iQ⁩ #CMBS commercialobserver.com/2024/04/cre-cl…

We're different. open.substack.com/pub/listeningt…

Because the ending of this poem didn’t leave out a line “and somehow it still worked out just dandy for me and my family.”