M&A Focused CPA
RT @JStaatsCPA: Let's crowd-source some advice for this anonymous firm:

💰 $1M Revenue
🛠 50/50 Tax & Accounting
🌎 Small city rural mix
👥 2 Partners & 6 Staff

Over capacity, tax review bottleneck, accounting projects behind due to tax season

All the dirty deets below:
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Paul Graham
RT @dadiomov: Opening the Instagram app these days is getting a reminder of why PMs should never blindly follow data in evolving their products. The worst product decisions always come with lots of supporting data, because without the data no one would think they're good ideas.
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Steven Kiel
RT @alphaarchitect: March for the Fallen training...the Puerto Rico version! #mftf

September 24th is approaching fast. 28 miles won't March itself!
https://t.co/MDmrUpcudf https://t.co/Hjnu3O26mJ
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James Wang
My favorite passage from Thucydides where he contrasts the Athenians and Spartans. But to me it reads just as well if you swap out "Athenian" for "American". 😁 https://t.co/ReuTwR37Ap
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Special Situations 🌐 Research Newsletter (Jay)
Whoever says volatility isn't risk hasn't been through a market downturn. Capital preservation is of utmost importance!
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Special Situations 🌐 Research Newsletter (Jay)
Of course, the Federal Reserve prefers PCE to CPI (since 2012), it underweights Shelter and Energy-related inflation...PCE was adopted as a preferred method post Bernanke's QE1, QE2, Op Twist, QE3

Do you really think avg. American pays 16% of income on housing? Give me a break! https://t.co/zQKlzbaM6C
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Tren Griffin
My friends are asking me what is best to eat in Seattle on hot days (for here 90+ degrees).

I suggest they unthaw Spot Prawns they caught. They can buy them at a market, but they're not free. Crab is cheaper per pound in the shell.

Crustaceans Rule Everything Around Me (CREAM) https://t.co/20U1t40lZn
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Special Situations 🌐 Research Newsletter (Jay)
What happens when capital mkts aren't fully open? $LTRY https://t.co/oZd7oaFGB1 does not have enough capital to continue operating...
-Sank to record low on Fri after firm admitted to not having capital to fund operations for 12 months
-Substantial doubt about going concern (BK!)
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Special Situations 🌐 Research Newsletter (Jay)
$WMT has no choice but to mark items down as consumer budgets tighten w/ inflation: air fryer down from $149 to $110; set of pajamas down from $12 to $9: red “rollback” signs not hard to find at Walmart Supercenter closest to HQ, Bentonville, Arkansas.
https://t.co/elKGmCwXoA
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Special Situations 🌐 Research Newsletter (Jay)
Short interest levels at local lows... https://t.co/8xHTDG8p9D
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Special Situations 🌐 Research Newsletter (Jay)
Biden tested positive for Covid again. How accurate are these tests, anyway?

https://t.co/DC7C2d73Yz
Folks, today I tested positive for COVID again.

This happens with a small minority of folks.

I’ve got no symptoms but I am going to isolate for the safety of everyone around me.

I’m still at work, and will be back on the road soon. - President Biden
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Ensemble Capital
For many decades US productivity growth averaged ~2% a year. Over the last 10-15 years it has averaged about ~1%.

What are the best reasons why ~1% is all we can expect going forward, or what are the catalyst that would return the US to ~2% productivity growth?
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