I went on a road trip through Southern NM a couple years ago. Highly recommend stopping at Gila National Forest - it's a certified "dark park", remote enough from sources of light to see the Milky Way with the naked eye.
One thing that struck me - towns down there had a template. 90% of towns we drove through were just a blood plasma "donation" center, a dollar store, a gas station, and a cemetery. Very bleak existence out there, oil and gas boom notwithstanding.
While we're talking about funding basic research - how come these independent institutes and government funding agencies don't get equity (warrants, options, whatever) in the entities that ultimately commercialize and patent this research?
I reckon they probably take some cut as a licensing fee, but seems like participating in the upside would create significant incentives over the current regimes.
I don't know where you live but it's been decriminalized in plenty of places in the West, so even if it's not fully legalized the worst you face would be a nominal fine, not getting arrested.
Setting aside the environmental concerns (which are important, and indirectly health-adjacent), are there material health reasons to eat organic? This Mayo Clinic article [0] points to pretty minor improvements, would love if someone could point me to evidence substantiating OP's claim, or maybe which products in particular are materially healthier if produced organically.
You can accelerate 5-10 years to 3 months using pay for citizenship schemes. For example Grenada has one where you get citizenship and a passport in return for "donating" $150k USD to the government. Grenada's is interesting because you get visa-free access to China. Antigua and Barbuda are running a "50% off sale" (I kid you not..) where the cost is only $100k USD (normally $200k USD)
Lenders can and do buy this kind of data to underwrite their borrowers (credit cards, BNPL, student loans, mortgages, etc.). They don't need to get it from credit bureaus. Anyone who is underwriting off of bureau data alone is a decade (or more) behind state of the art at this point.
Look into the TIP[0] skill from dialectical behavior therapy. In particular I've found the cold water triggering a dive response[1] very effective at calming me down when I face acute anxiety.
I don't think 30% is unreasonable, nor would it require them raising that much cash relative to a company of their magnitude or
Back of the envelope math:
Majority of their portfolio is very short term, let's assume 6 months duration which is a 0.5yr weighted average life
300B in annual originations
Assume they can get similar leverage as US securitization markets, which would be 95% advance rate (5% "skin in the game" for Ant)
Then the equity required would be:
300B0.530%5% = ~2.25B, and they were planning to raise $30B as part of this IPO
There are generally many APs for a single ETF or family of ETFs. Historically they have been the ETF desks of large banks[0], more recently marketing making/trading firms have build out ETF AP capabilities[1].
The opening of this article references Hokusai's "Great Wave" woodblock print. There's an easter egg in this print I never noticed, which is that Mount Fuji is nestled in the trough of the wave.
People didn't "panic", but the markets and industry did certainly react to his ideas and behavior - the pharma company he ran (Valeant) tanked and he was ousted as CEO.
One thing that struck me - towns down there had a template. 90% of towns we drove through were just a blood plasma "donation" center, a dollar store, a gas station, and a cemetery. Very bleak existence out there, oil and gas boom notwithstanding.