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Ares Management is funding a $2 billion debt facility for Phoenix Tower International, a Florida-based owner and operator of telecom tower infrastructure
$SOFI Management has done an amazing job growing the business in a environment that favored bankruptcy. The past few administrations have been unbelievably destructive. Starting with an unreasonably long process to obtain the bank charter, then having the crypto business killed only to be allowed to bring it back, covid policy with helicopter money and zero interest rates, the absolute destruction of the student loan business(massive debt forgiveness) , followed with sticky inflation (caused by government spending) war and high rates. I've begun to realize the headwinds will never stop. Our government is against the prosperity of its people and will remain destructive. They will continue to take bribes, go on extended vacation, read bills only after they pass, vote the opposite of their campaign promises, trade stocks with insider knowledge, and enrich themselves. There will be an inflection point where SOFI will be large enough that they will prosper in any conditions. To some degree they already are. I no longer hope things will change to benefit SOFI. I hope that SOFI can continue to push harder, go faster, and win anyway. I believe in Noto.
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Millennium Management’s new capital raise attracted billions of dollars more than the firm could take in, signaling surging demand for the biggest multistrategy hedge funds
Millennium Management's new capital raise attracted more than $30 billion, above the firm's plan to gather $20 billion. Hema Parmar has more
Waste Management $WM is trading at its cheapest price to cash flow in over 5 years.
Bernstein: Management dismissed claims that open-source models threaten AI economics, estimating that roughly 80% of models will ultimately be open while emphasizing that open access does not make underlying compute free. Instead, Nvidia views broader open-model adoption as a positive driver for accelerated computing, as it expands the market of enterprises and developers capable of deploying AI.
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The management consultant’s guide to love and sex
Senior management at FDC Miami seems to believe they can intimidate me into silence. It will not work. What is happening here, should not be allowed to happen to others. Thank God I am here to witness it. The world will learn what happens to the detainees here. @OfficialFBOP
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Expectation management is 🔑