Companies need capital. They issue bonds.
Major institutional investors generally won’t buy bonds without credit ratings from the leading agencies.
Guess who rates a huge share of them and gets paid by issuers on most rated bonds?
S&P Global (SPGI).
No, making money is actually the easiest part.
Keeping it, staying disciplined, and knowing where to put it is where most people fail.
Back in the day you needed to go out there and work yourself to the bone. These days all you need is an idea and a phone.
If you are still not a member of The Assembly and you have never used the AI assistant, you might as well just really hate money.
It nailed the absolute bottom on $BABA and $JD
Be here July 22 for the reopening.
The Mars city will cost $15 to $20 trillion excluding inflation.
SpaceX is currently unprofitable.
And the completion date is so far out that half of us are betting on something we will never get to see.
(1) Today we're releasing Muse Spark 1.1 -- a strong agentic and coding model at a very low price. It's available through our new Meta Model API and in Meta AI.
ROI is all that matters.
A $100 service can be complete garbage while a $1,000 one can genuinely change your life.
Most people never learn this. They see the price tag and stop thinking right there.