Rob Cyran
@robcyran
More fox than hedgehog - financial columnist/editor Reuters Breakingviews (healthcare, energy, some tech, climate risk)
These $SPCX structured products are ridiculous. Take some monthly feed for surrendering upside, trussed up like a turkey if Thanksgiving comes.
Boss, commercial jets simply don’t reach market this fast and rarely on schedule either
Deals that kill seven birds with eight stones (each step contingent on others) is some very late stage nonsense. www.wsj.com/tech/ai/nvid...
Articles about young people dating are too judgy and I think putting stuff down on a spreadsheet is actually good because it requires thinking. But I suspect people here think their patterns are a good thing (but if you have a pattern and your dating life isn’t working out…)
At what point might $SPCX meltdown affect other big IPOs getting out the door. Below offer and a steady stream of lockup expirations start in less than a fortnight.
I love that a big reason Smucker’s purchase of Hostess vaporized $3bn of a $5bn deal is that Twinkies have a shorter shelf life than their other foods.
I love weird bubbles. Earning this much teaching people to clean cars, a business with close to zero barriers to entry, is kind of funny.
Outlawing crypto really has to be a day 1 task for the next administration. www.reuters.com/world/us/tru...
I’m not sure how to think about what looks like a reg FD violation by SpaceX showing a device that probably never will be built.
Fun to see newish techs work in combination. My solar powered bird feeder has AI and sends me videos of birds visiting and identifies what species it is. Hello catbird.
My colleague Jeff Goldfarb alerted me to this past SoftBank gem of a slide. Poor horsies!
Liked this bit. My brother discover a gene responsible for a form of Mafan’s Syndrome (it’s a disease that sometimes kills basketball players suddenly) about 20ys ago so he got a simple tattoo of it. The artist was sort of reluctant- this is so much more complex. Tatoo art has come a long way!
“Do you want to walk around town?” “No, dad, that’s boring” “Do you want to visit a small sewage treatment facility?”…son rushes to put on shoes.
When the telephone was just starting to catch on, there were a lot of complaints that it was being used frivolously by secretaries and housewives for gossip and small talk instead of serious and useful stuff like listening to classical music.
More believable to simply say an (space) undertaking of great advantage, nobody to know what it is
Can’t recommend this NYC history enough - wonderfully named gangs (Dead Rabbits), flophouses, slums and how 5th avenue became rich because of its distance from the stink of the wharves. Sante moved to NY as a kid and wrote it as a love letter to his city, transitory and always remade by newcomers
Given wealth distribution and stock ownership in the US, this should create very little additional demand - but will spread potential damage to those least able to afford it.
Read between the lines even slightly and clear not enough spent on prevention. (If a small plane crash is a setback and a $21m investment is significant - buddy we are probably going to spend that much in a few days)
More evidence of GLP-1s and cancer - significant reduction in breast cancer in large observational trial
Not sure how reliable this article is but it’s full of bonkers details like pig organ transplants for life extension and this www.wsj.com/world/russia...
American car buying habits are just incomprehensible. Average new car is $50k. About 16m sold every year. About same number of families make over $200k a year or about 40m households make over $150k. Families below this must be taking on a ton of debt
I know office to residential conversions are difficult but this guy is probably going to do very well. Glad to see Blackstone doing its part. www.wsj.com/real-estate/...