Finance | Miss State Athletics
Joined October 2021
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A list of things that break people’s brains: 🧵
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This guy could lead the Statesmen to some victories in his final year but would rather lose 35 games playing for some mid-major D1 team
Just a shame
Jun 15
After a year at Delta State University I have decided I am entering the transfer portal with 1 year of eligibility left (2 if 5/5 passes) 601-966-1113
GP: 49
BA: .360
OBP: .403
SLG: .578
OPS: .981
H: 76
RBI: 65
2B: 11
3B: 4
HR: 9
Runs: 50
SB: 32/32
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The Maroon Advisor retweeted
Jun 15
The middle class in America is shrinking
But it's happening b/c more ppl are moving into the upper middle class
American households are getting richer but the rich are getting richer at a faster pace
Wealth inequality is complicated
awealthofcommonsense.com/202…
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A private tutor can write off crayons
An independent contracting nurse can deduct the scrubs
Everyone gets the standard deduction
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Almost all banking problems stem from anti-money laundering and fraud prevention programs
Jun 14
I decided to move to a new bank because Wells Fargo sucks.
Tried to put in the transfer request for all the money in Wells and a pop up says I'm only allowed to transfer $5000 in 1 day and $6000 in 1 month...
I called and told them I wanted to move it all and they said:
WF: "Im sorry sir, the account type won't allow us to do that."
Me: "It's a checking account?"
WF: "Yes, but it's a blah blah blah account with no fees."
Me: "Okay, change it to another account type."
WF: "We can't do that sir."
Me: "Okay, is there an account that would allow me to transfer all the money out at once?"
WF: "No"
Me: "So why are you blaming it on the account type instead of saying it's your company policy?"
WF: "I'm sorry sir, is there anything else I can help you with?"
So I just put all of my expenses on that account and setup my payroll to go entirely into my new account.
Took a bit of time but Wells has $0 of my money now and I'll never do business with them again...
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Your average American is financially illiterate
Americans had an average score on TIAA’s Financial Literacy survey of 47%
These are the same people that want to educate you why trillionaires are bad
tiaa.org/content/dam/tiaa/in…
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Americans had an average score on TIAA’s Financial Literacy survey of 47%
These are the same people that want to educate you why trillionaires are bad
tiaa.org/content/dam/tiaa/in…
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Just a fundamental misunderstanding of how things actually works
Scrooge McDuck mentality
Jun 13
I am not entitled to his money.
Accumulating more wealth than you can ever spend in a single lifetime (which he has done millions of times over) is bad for society. Money that could be moving through the economy and local communities to help improve lives is now removed.
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These people live like this because they choose to
Not because Elon Musk has companies that others perceive as valuable
Jun 13
This is West Virginia. They are super excited America has its first trillionaire.
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I’m voting for whomever is directly opposed to this
Jun 11
1) “The report proposes a radical de-growth agenda”
Our proposed “Sustainable Convergence” scenario is one where per-capita average monthly incomes converge to €5000 in all world regions. A scenario where all but the very rich would see their incomes double by 2100. The total size of the global economy would be 4 times larger than today (in volume terms). Hardly sounds like “degrowth” to us!
We find that under strict conditions this target is achievable within the carbon budget. What really matters is the content of growth! This is why the report relies on a detailed sectoral modelling and advocates for a shift away from material sectors, rather than blind fetishization of monetary aggregates. We advocate for a world with more health, more education, more public services, more income for 99%, but less cars, no more billionaires and no luxury yachts.
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Notable measure that’s omitted from Dube’s study: Workforce Participation Rate
It’s important to address how higher minimum wages crowd out lower skilled workers from the workforce
I’m willing to bet that states with higher minimum wages have lower workforce participation rates
We've been running an unprecedented natural experiment running for a decade and half. 30 states have raised their minimum wages. 20 have not.
What happened to pay? What happened to jobs? The good news is that it's pretty easy to figure out now.
Link next post.
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This guy wrote one book and is now posting global genocide fanfiction in the form of charts
Jun 4
The world today is characterized by large-scale inequalities. And a climate crisis is looming over us.
We urgently need a new vision for global progress in the 21st Century. One that grounds human development and equality in planetary habitability.
What would it take to achieve high prosperity and equality while remaining within planetary boundaries?
The World Inequality Lab is very excited to launch the #GlobalJusticeReport.
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$6500/yr for 40 years @ 9% means you retire a millionaire, btw
Jun 6
My boomer dad told me to save 10% of my income for retirement.
Classic advice so, I did the math.
His 10% in 1985 on a $32,000 salary was $3,200 a year.
In today’s money that’s roughly $9,000.
My 10% on a $65,000 salary is $6,500 a year.
He saved more in real terms working a factory job than I save working a corporate one.
But that’s not even the worst part.
He had a pension on top of it.
I have a 401k that dropped 24% in 2022 and gave me anxiety attacks.
He saved 10% and retired comfortably at 61.
I save 10% and financial advisors tell me it’s not enough.
Same advice but completely different outcome and he still thinks the problem is that I don’t follow his advice closely enough.
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“8% yield”
Lol
Jun 4
You get 98.9K in tax-free income from dividends as a married American
At an 8% yield you only need $1.24M in your income portfolio to hit that
You can live on the proceeds and use whatever's left over to make other investments
I don't get the dividend hate
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Budget that out of your income
Don’t use your retirement nest egg for cruises
Jun 3
Locking up money in a retirement account until you're 59.5 feels crazy these days. I understand the tax benefits, but even still. I want capital in the prime of my life to create incredible experiences for my family, not hoard it until I "retire."
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Ever since I was playing JuCo ball, I’ve been saying that coaches need to rely on more than just their 3 weekend starters a single midweek guy and 3-4 guys out of the bullpen.
“I’m getting really disappointed… the regional format is - really concerning me if we’re talking about what’s best for student athletes.”
Auburn Coach Butch Thompson raises concern about the amount of starting pitchers that were coming back, throwing again, and totaling over 100 pitches during Regional weekend of the NCAA Baseball Tournament.
⚠️ A rare opinion of mine that I will include in a press conference clip that I post 👇
So many new eyeballs are finding College Baseball’s postseason fascinating because of the Tournament format and all the chaos that we’ve seen over the past two years. I have no doubt that the ratings have boomed. I don’t know why you would try to fix what is not broken, then again they changed the NCAA Basketball Tournament too.
HOWEVER, Butch has a point with the usage of pitchers in a 3-game series vs playing 5 games in a weekend. This is the biggest/best argument you can make against the current NCAAT format. I am not a fan of change, but I’m willing to provide a platform for passionate individuals with incredibly illustrative thoughts on a new NCAA Tournament format that logically makes sense given the current academic calendar.
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When you get into the post-season and potentially have to play 45 innings in 4 days, you’re only setting yourself up for failure when you only have 4 starters and a handful of relievers. You need at least 10-12 guys with significant innings
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According to Foolish Bailey, players don’t own their
-bats
-gloves
-arms
-legs
-brains
May 29
Baseball players are still the proletariat by definition. They still sell their labor and don’t own the means of production. And they’re still engaged in a class war with those that do.
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Mississippians are spending their summers in the French Riviera
The French are spending their summers dying because they don’t have AC
François Lenglet : “la France est plus pauvre que le Mississippi, l'état le plus pauvre des Etats-Unis.”
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So basically if you own a business and that business has profits that is reinvested into the company, Gabe here wants that to be interpreted as income to you
May 26
New research: we have studied the wealth of the 200 Californian billionaires and what they effectively pay in tax.
From Mark Zuckerberg (Meta) to Sergei Brin and Larry Page (Alphabet), the results are edifying. 🧵
nytimes.com/interactive/2026…
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Meanwhile, the S&P 500 has multiplied 182x since 1982
May 26
Since 1982, the wealth of California’s billionaire class – the top 0.0002% – has been multiplied by 30.
It has grown by 144% between 2023 and 2025 only.
California’s billionaires now own $2.3 trillion in wealth, equivalent to 50% of California’s GDP and about 10% of California’s total wealth.
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