1/ Don’t sweat the headline mNAV prints—most of the value stack in these vehicles is pure equity, not fragile leverage. Premiums can—and often do—persist so long as managers keep growing mNAV through genuine alt-capital-structure arbitrage & thoughtful engineering.

TIL precalculus is now an "AP" course. The west has fallen.

“McDonald’s prices have doubled (a 100% increase) since 2014, outpacing the general inflation rate of 31% over the same period.” https://t.co/kCWKxU3xJO

not to side with the men here, but why do women 5'3" and under have such strong preferences for men 6ft+. you are a hobbit, 5'8" is tall enough. you can't even tell when your 5'8" boyfriend is lying about being 6'0" because you're so short.

Julia Garner and Anthony Boyle will portray Caroline Ellison and Sam Bankman-Fried in the new limited series The Altruists. Two hyper-smart young idealists try to remake the global financial system in the blink of an eye...only to seduce each other into stealing $8 billion. https://t.co/zBB3ieqwMr

The bookstore displaying Das Kapital alongside @ElonMusk's biography basically sums up Shenzhen. https://t.co/UG5Zl81cOH