Special Situations 🌐 Research Newsletter (Jay)
Heat warnings across the country this week. A/Cs on full blast and summer natural gas consumption very high. Stay hydrated! $UNG $BOIL
https://t.co/tAVsqjcIeh
More than 100 million people are under heat warnings and advisories as a sprawling heat dome is bringing temperatures of up to 110°F, or possibly higher, to a broad swath of the U.S. today.

https://t.co/d4UKlc8sYW - Axios
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Tren Griffin
Yamaha also makes outboard motors and helms. I own two that are electronically steered. Lots of software is involved.

TOKYO -- The global semiconductor shortage is weighing on an unlikely giant in the music industry: piano and audio-gear maker Yamaha.https://t.co/adDjMv1wsO
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Compounding Capital
In Sept. '99 speech, Buffett observed returns are
driven by profit growth and interest rates

Equity returns over 17yrs '64-81 were 0: GDP grew by 5x, but 10Y yield rose from 4% to 15%, crushing valuations

Equity IRR over next 17yrs '81-98 was 19%: GDP up <3x but 10y fell to 5% https://t.co/0gsqtzujzx
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Tren Griffin
For those of you keeping score at home:

"The ECB's deposit rate is now 0%, the main refinancing operations rate is 0.5% and the marginal lending facility is at 0.75%." https://t.co/bizEusX3PP
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Tren Griffin
"Transmission Protection Instrument (tpi) is a bond-buying scheme intended to prevent the spread in borrowing costs between euro-zone governments from widening so far that troubled countries would be at risk of a forced exit from the currency." https://t.co/fdWzKKyR4C
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Rolf Degen
"More liberal participants assigned higher disgust ratings after the headlines discounted the threat of COVID-19, whereas more conservative participants did so after the headlines emphasized it." https://t.co/73pQfqfuok https://t.co/7JY1g4oCgD
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Artisanal Permanent Capital
I’ll quit Twitter at 10,000 followers. Please help me speed this up! 😂
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Artisanal Permanent Capital
RT @business: Bernard Arnault is reorganizing his holding company as the French billionaire seeks to ensure long-term family control over LVMH, the luxury empire he’s built https://t.co/u7KlBqweGe
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Paras Chopra
Written content has largely been commoditized, hasn't it?
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Shai Dardashti
RT @TimRunsHisMouth: Pelosi being asked if her husband ever insider traded today was literally the same thing as this classic Chappelle sketch... 😂😂😂 https://t.co/MBYTA0gXsH
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