Special Situations ๐ŸŒ Newsletter (Jay Singh III)
1/ An unprecedented global tax agreement that Yellen negotiated with 140 countries (15% minimum corporate tax) is at risk of unraveling after a member of Biden's own party delayed a crucial vote, threatening chances of worldโ€™s biggest economy joining deal. $FB $GOOG $MSFT $AAPL
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
$SOFI $1 billion mixed securities shelf: https://t.co/Ob3cFhbL3f
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Greg Walsh
RT @LongShortHC: 12 COMMON BUY-SIDE MODELING APPROACHES (that you won't see in sell-side models):

Why are buy-siders so obsessed with their models? The financial model really is the backbone of buy-side investing - it shows you business momentum, NPV of incremental changes, R/R potential, and..
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
According to $GS, the average US hedge fund is down 2.31% this week, bringing ytd performance to -19.4%. Net leverage is down -2.6 pts to 45.8% to almost 1 year lows.
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FXHedge
COINBASE WILL BE TEMPORARILY SHUTTING DOWN ITS US AFFILIATE-MARKETING PROGRAM -INSIDER
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Offshore
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Tren Griffin
1/ People have been asking me why I haven't been tweeting about bivalves and crustaceans recently. The answer is: I've been busy harvesting and eating them grilled over a wood fire. For example, Spot shrimp and scallops. Brussels sprouts and onions are a recommended pairing. https://t.co/UNJjmq8u2s
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Offshore
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Kevin G.
RT @pricingpow: Recommended reading for the weekend: https://t.co/RzzxSL6hm5 from @kevg1412
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Offshore
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Tren Griffin
There are Kumamoto oysters on the other side of that sand spit right now. The sun sets in about an hour (9 PM).

These oysters are best eaten raw and pair nicely with salmon I will catch this weekend. Some people prefer a dab of horseradish on the oyster or a Mignonette Sauce. https://t.co/LTXZreg6Ru
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Jitendra Chawla, CFA
"I indicated I thought" = "I believed"

hmmm.....

President Biden says he told Saudi Crown Prince Mohammed bin Salman that he believed he was responsible for the journalistโ€™s death

โ€œI indicated I thought he was,โ€ Mr. Biden said.

https://t.co/1o0khXH3Sp
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Jitendra Chawla, CFA
๐Ÿ‘Œ https://t.co/0G1g26h3eE
"Mario games teach us that even if something is essentially the same, psychologically it can be completely different. This example is very easy to understand." https://t.co/XNxCNt9vfM - Cheesemeister ๐Ÿ˜ท๐Ÿ’‰๐Ÿ’‰๐Ÿ’‰
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Jitendra Chawla, CFA
With 500 Crs plus of cash + liquid funds earning low returns, should a company borrow 100 Crs to buy an office building? ๐Ÿค” https://t.co/VaxUyFeSKi
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Jitendra Chawla, CFA
Another perspective! ๐Ÿ˜€ https://t.co/eqhK1tRrwq https://t.co/3euOAdMqQf
"I indicated I thought" = "I believed"

hmmm.....

President Biden says he told Saudi Crown Prince Mohammed bin Salman that he believed he was responsible for the journalistโ€™s death

โ€œI indicated I thought he was,โ€ Mr. Biden said.

https://t.co/1o0khXH3Sp
- Jitendra Chawla, CFA
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