Great, he looks like Fred Flintstone. Who's next Barney Rubble?

𝐇𝐨𝐬𝐩𝐢𝐭𝐚𝐥𝐬 & 𝐓𝐡𝐞𝐢𝐫 𝐅𝐚𝐤𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 A must-read, hard-hitting piece from Anthony DiGiorgio @DrDiGiorgio on the economics of nonprofit hospitals and the growing gap between their public mission and financial reality. He lays out the extensive subsidy ecosystem supporting hospitals: • Property and sales tax exemptions • Public funding (DSH payments, GME, research support) • 340B Drug Discount Program revenues • Market power–driven pricing from consolidated health systems …among others Then comes the key question: "After all of those subsidy streams, what exactly is still unfunded"? As he puts it, hospitals should provide a true accounting: • What is the net Medicaid shortfall after supplemental payments? • What is the real value of tax exemptions? • Where does 340B revenue actually go? • How are funds allocated across executive pay, administration, expansion, reserves, M&A, and lobbying? Until we see that level of transparency, claims about underfunding deserve more scrutiny. Strong, provocative piece. 👉 drugch.nl/3OgIl9B

VANCE REMAINS IN WASHINGTON AMID SCHEDULE SHIFT JD Vance is still in Washington DC and taking part in additional policy meetings at the White House, according to Axios. Steve Witkoff and Jared Kushner are also in the U.S., with their plane rerouted toward Washington, possibly for meetings with Donald Trump.

NIH-funded researchers have uncovered a key reason why immunotherapy has largely failed in pancreatic cancer — and identified a promising strategy to overcome that resistance. Read on to learn more about this discovery: bit.ly/4tIcrle

How insulting.

Strategic Investing

UNH and other for profit Insurance companies are the ICE of the Healthcare system. They deny your right of coverage, delay your need for care and deliver more harm than good. Do not trust what they say. Fight them by protesting their every move. Keep them accountable!

Reddit Investors calling for Webull CEO to resign before earnings. Stock down 40% since October. [10:39]Wednesday, November 5, 2025 at 10:39 “Webull CEO, Anthony Denier, must be fired. The stock has been in absolute decline, and he’s nowhere to be seen. This stock should be trading higher. Webull is a good app, and the company is growing, but the stock seems to not want to cooperate, and it absolutely does not help that the CEO is basically ghosting investors. "As the CEO of a public company, he has a duty to create shareholder value. Compared to Robinhood’s Vlad, who is always out there in the public ruthlessly promoting his product, Anthony sits back and is content seeing shareholder value erode. We each own a piece of the company, and we can say “enough of this.” It’s time we apply pressure to the company to make some changes to its PR strategy, and that would start by getting a competent CEO who is able to convey to the public the true value of the product he’s selling.” “Q2 ER simply revealed that they had been selling shares at a discount to insiders who were just immediately dumping them on the open market. That is why the price has been straight down 50% since last ER. Next ER will just show more of the same (granted it will no longer be a surprise they were selling all along). No one is judging Webull's leadership on today's index drop -- just all of their inside dealings with equity sale agreements and warrants -- all of which came at the expense of common shareholders. “He (Denier) issued a stand-by equity agreement and then executed it to sell shares at a discount to insiders who just immediately dumped it keeping the discount premium. The fact they sold shares before ER is the defacto proof they didn't believe the stock could go any higher. Their peers have been outperforming Webull and now their platform messaging board is rife with people worried if their money is safe at the brokerage given its lost 50% of its value in just a few months. That kind of talk just results in a downward spiral while the company does nothing to stem the bleeding or instill confidence. Then the company doubles down on the fact their officers are immune any US legal civil actions or shareholder protections because they operate as a foreign entity with foreign officers. This company could easily be at $30 a share, but not without new leadership and a relinquishment of being exempt from US shareholder protections (meaning they need to reincorporate in the US).” Webull announced they will release third quarter results on November 20th at 5:00 pm ET. According to Wikipedia, Webull has received controversy owing to its ties to Chinese companies, with Anthony Denier, Webull's U.S. CEO, describing Webull as "both a U.S. and Chinese company" in 2019. Webull has additionally received criticism from U.S. lawmakers and states attorneys general over those ties. In 2024, a coalition of state attorneys general launched a probe into Webull over user privacy issues and concerns about the company's links to Chinese Communist Party (CCP) interests. Webull was founded in 2016 under Hunan Fumi Information Technology, a chinese holding company, by Wang Anquan, a former employee of Chinese technology companies Alibaba Group and Xiaomi. On May 24, 2017, Webull Financial LLC was established as a Delaware limited liability company. Wang hired Anthony Denier as CEO of the U.S. brokerage that year and the two mapped out their strategy on napkins at a Mexican restaurant in New York City.

JUST IN: The US now has more unemployed people than job openings for the first time since April 2021

Only 18% of US individuals earn more than $100,000, per FORTUNE.

A Hero in a Walmart parking lot. apnews.com/article/michigan-…

I've been watching OKLO and should have done due diligence. Steer clear. @WebullGlobal webullapp.com/ticker/NYSE-OK…

Trump parade vs No Kings march, San Diego

Trump's "Big Beautiful Bill" won't save money. Instead, it'll add $2.4 trillion to the national deficit. What do Americans get in return? Red tape and bureaucracy that'll cause more than 10 million folks to lose health care coverage. Billionaires win, everyday Americans lose.

According to the Chicago Tribune, Farmland Reserve is the largest farmland owner in Illinois. The private Salt Lake City-based investment firm affiliated with the Mormon Church declined to share how many acres it owns, but Lauher’s analysis estimates it has nearly 54,000.

At some point, self-respect stops asking nicely and starts drawing a line. Boundaries are self respect in action. What is taken without honor does not enrich—it reveals the thief’s emptiness. #cmgsays

What I Read This Week… Berkshire Hathaway has been a net seller of stocks for ten consecutive quarters, trimming or exiting positions, including Apple, Bank of America, and Chevron, while fully exiting holdings like HP and Paramount Global. At the 2025 annual shareholder meeting, Buffett explained that the firm is waiting for “extraordinarily attractive” opportunities, preferring to hold cash rather than overpay in an overheated market. As a result, Berkshire’s equity portfolio has become more concentrated, with Apple (still its largest holding), Coca-Cola, American Express, and Occidental Petroleum anchoring Warren’s long-term convictions. Meanwhile, the company’s cash pile has increased to an unprecedented $348 billion, which is roughly equal to the total reserves held by all U.S. commercial banks at the Federal Reserve. Warren also announced he will step down as CEO by the end of 2025. Under his leadership, Berkshire Hathaway delivered a return of 5,502,284% since 1965, compared to just 39,054% for the S&P 500 over the same period.

Trump clocked. bsky.app/profile/gratefullif…

NEWS: Elon Musk said tonight that he expects xAI's next training cluster to have 1 million GPUs, worth about $25B-$30B, 5x more than their current 200k GPU cluster. "We're already working on the next training cluster. We anticipate it to be roughly 5x bigger than the current cluster."

ProPublica has confirmed the names and roles of more than 30 Musk-affiliated staffers who are helping the world’s richest man dismantle or downsize federal agencies one by one. propublica.org/article/elon-…