Electrical engineer and personal finance blogger who is the founder and editor-in-chief of Len Penzo dot Com. Author of True Money Stories.

Joined February 2009
20 Photos and videos
Len Penzo retweeted
Is "date-flation" really making it harder for people to find a mate? Join us as we discuss this – and much, much more – in our always wild & wacky weekly financial round-up. Fortified with Squirrel Cam! lenpenzo.com/blog/id91182-bl…
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Len Penzo retweeted
Sometimes we pay way too much for jobs that look this simple.
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Len Penzo retweeted
Replying to @TMZ
They hate the guy who wanted to clean up LA. Protect against fires. Get the homeless off the streets. Combat the drug problem. Anybody logical would say “yeah I agree. We need that.” But they laugh at him. If that doesn’t tell you how broken the whole process is at this point.
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Len Penzo retweeted
That’s because fraud at scale takes time!
Peru was able to hand-count over 90% of its 27 million ballots last night
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Len Penzo retweeted
Central banks have raised gold to ~24% of reserves, the highest since the 1990s
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Len Penzo retweeted
JUST IN: Over 50% of all Bitcoin $BTC in circulation is now held at an unrealized loss.
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Len Penzo retweeted
USD remains most USED global currency. Gold becomes most RESERVED global asset. Behold the new global monetary system, where the "Store of Value" function is separated from the "Medium of Exchange" & "Unit of Account" functions...hiding in plain sight 👇
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Trucking spot rates have never moved up this fast, ever - including early COVID. The weekly average for truckload spot rates moves to a new all-time high of $3.71/mile. It took 43 weeks for spot rates to increase by $1.38/mile during early COVID (April - Feb 2021). It has taken only 29 weeks to achieve the same increase (Nov 2025 - June 2026).
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Len Penzo retweeted
The most elite undergraduate institution attended by Fortune 500 CEOs is … the University of Figure it Out (UFO) @StrategasRP
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Nailed it. Now get off my lawn!
Good times. #70s
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Len Penzo retweeted
Forget the fast food industry; inflation is beginning to even take its toll on local BBQ joints. No, really! Join us as we discuss this – and much, much more – in our always wild & wacky financial round-up! Fortified with Squirrel Cam. lenpenzo.com/blog/id91075-bl…
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Imagine that. The "higher education" system has become a complete joke thanks to the ideological 🤡🤡 who control it. Who wants to bet that most – if not all – of those same UC Berkeley math professors were actually in favor of the actual policy change that led to this?
More than five years after the UC system lifted its standardized testing requirement, a coalition led by UC Berkeley math professors argues the drop in students’ math levels is “severe.” sfchronicle.com/california/a…
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Len Penzo retweeted
The time capsule videos on YouTube are interesting to watch. One takeaway is that the further back in time you go the more calm people were. Everyone moves slower, speaks more slowly and deliberately, and everyone is far more present and less distracted. youtu.be/98VTC_k-10M?si=nCus…
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Len Penzo retweeted
4 of 5 young adults say the US economy is bad or terrible. Join us as we discuss this – and much, much more – in our always wild & wacky weekend financial round-up. Fortified with Squirrel Can (After Dark)! lenpenzo.com/blog/id90981-bl…
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Len Penzo retweeted
Robert Reich forgot the 6th and most common way: 6) Build something millions of people actually want
There are basically 5 ways to accumulate a billion dollars: 1) Profiting from a monopoly 2) Insider-trading 3) Political payoffs 4) Fraud 5) Inheritance Don’t believe the self-made myth.
Community note
Research shows most billionaires accumulated wealth by founding and building successful companies. A University of Chicago study found 69% of the 2011 Forbes 400 started their own businesses. chicagobooth.edu/review/billion… heritage.org/taxes/report/t…
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Len Penzo retweeted
That's a 6% print. You ain't seen nothing yet. keep selling gold
US PPI (YOY) (APR) ACTUAL: 6.0% VS 4.0% PREVIOUS; EST 4.8%
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Len Penzo retweeted
In 1967, Indira Gandhi appealed to Indians: “Don’t buy Gold.” The reason was that India’s foreign exchange position was under stress, imports were becoming difficult, and the currency system needed people to show “national discipline.” But what followed? One of the biggest Gold bull markets in history. From the late 1960s to 1980, Gold exploded higher globally, and in rupee terms the move was even more brutal. This is the real lesson: When governments tell citizens not to buy Gold, they are usually not worried about your jewellery. They are worried about pressure on the currency, pressure on reserves, and pressure on the financial system. Gold doesn’t become important when everything is normal. Gold becomes important when the system starts asking you not to buy it.
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