How do you evaluate balance sheet companies? What is Berkshire Hathaway? $BRK.A It's like an ETF. "In my opinion not very sexy its one of those companies that's going to be around forever because they are tied into infrastructure..." "Do I think Berkshire is gonna be the top publicly traded equity on the planet? No. Probably not." "JP Morgan they're 92% leveraged. Do i think its a sexy balance sheet to offer deposits and issue credit cards? Not necessarily." "When I look at $MSTR balance sheet. It is sexy. It is very volatile. I think it could preform incredibly well." "You have to look at them all next to each other." @PunterJeff

One integrated view of Strategy’s Bitcoin balance sheet and capital structure. The MSTR-BTC dashboard brings gross and net reserves, per-share economics, valuation, duration, floor, breakeven, hurdle, yield, and gain into a single framework. Live at

🧱 Bitcoin is now a balance sheet asset Not all BTC exposure is equal. Some trade it, some mine it. Few hold it as treasury. Ownership is highly concentrated, led by $MSTR, with a long tail forming globally. What if $BTC becomes a hedge vs gold and cash?

I discussed with Richard Koo Japan’s balance sheet recession in the 90s and how may the experience be applied to managing Chinese property deflation today. (This is the first half of our dialogue)

🚨 BREAKING 🇺🇸 FED WILL OFFICIALLY RELEASE THE NEW BALANCE SHEET TODAY AT 4:30 PM ET. IF BALANCE < $6.70T → 25 BPS RATE HIKE IF BALANCE = $6.70T–$6.80T → NO RATE CHANGE IF BALANCE > $6.80T → 25 BPS RATE CUT ALL EYES ON TODAY'S RELEASE 👀

🎙️Yesterday's live in 4 takes: • MSTR → A Bitcoin balance sheet play. • WGMI → AI infrastructure + U.S. power constraints. • CRCL → More compelling valuation than Stripe. • HOOD → The leading public-market play for prediction markets. Which one is on your watchlist?