Profile picture
, 3 tweets, 1 min read
My Authors
Read all threads
One "real trouble" with journalism is that journalists keep forgetting that WeWork has its headquarters in New York. theatlantic.com/magazine/archi… In the meantime, economists can't figure out why inflation isn't going up, but insist that productivity is being properly measured.
Far more than just free services associated with the smartphone aren't being measured in productivity statistics. Hal Varian explains why open source software, products in the global supply chain, semiconductors etc. are excluded. Varian's slides are: brookings.edu/wp-content/upl…
The idea that in today's economy excluding software, semiconductors and the global supply chain from productivity measurements isn't a serious problem is beyond belief. Janet Yellen recently pointed to the impact of global supply chains on inflation. brookings.edu/research/forme…
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Tren Griffin

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @trengriffin see all

Profile picture
Tren Griffin
@trengriffin
This would be a great business for BRK to buy, but the sellers aren't the first or second generation and they don't run the business. The founder or his children may not have wanted the business to end up in the control of a private equity firm. google.com/amp/s/www.oreg…
If the sellers of Les Schwab run an auction-based sale Buffett won't participate.

Moat= service?

"Whether your tire is looking a little low or is downright flat, bring it in to Les Schwab. We patch, plug or fix most repairable tires free of charge to get you back on the road."
"People who are rich and run a company their grandfather started –they don’t want to hand it over to a couple MBAs who want to show their stuff. As long as we behave properly, we will maintain that asset, and many will have trouble competing with it.” Warren Buffett
Read 7 tweets
Profile picture
Tren Griffin
@trengriffin
25iQuiz:

1. What are the unit economics of Draft King?

2. How much cash does the business model eat?

si.com/johnwallstreet…
Capital Research, Wellington Management and Franklin Templeton have committed to invest $304M in the company’s common stock. Diamond Eagle has $400M in cash via its IPO. DraftKings expects $500M in unrestricted cash. google.com/amp/s/www.barr…
"DFS revenue in 2019 is estimated at $213M" news.google.com/articles/CAIiE…

"Per figures from the investor presentation, 40% of online sports betting gross profit in New Jersey over the past eighteen months has come from cross-selling to the DFS database."
Read 6 tweets
Profile picture
Tren Griffin
@trengriffin
"People confuse it with earnings going up, but [if you just look at earnings growth] you mix in turnarounds and cyclicals. A company can go from losing money to a 2% margin, to a 12% margin, and earnings are up sixfold—but that’s not a growth company." barrons.com/articles/peter…
"You ought to write down, “Why am I owning this?” Cheap is different from a [good] story. There’s a great expression on the Street: It’s always darkest before pitch black. Wait until something’s gotten better."
"You have to understand the story... If you can’t convince an 8-year-old why you own this, you probably shouldn’t own it. Don’t invest in a company before you look at the financials. If you made it through fifth grade, you can handle the math."
Read 3 tweets

Related threads

Profile picture
covert_extrovert
@ExtrovertCovert
1) Clearly it's been thought 4some time, but #TheAtlantic guides the narrative that #BC is no longer the [D]'s wonder boy. The teflon kid, in his post office years, has become synonymous w/those that are the focus of the #MeToo movement.
That, doesn't begin to cover the issues
2) that are the ways & means of the House of #Clinton!
#Hussein called him the “Secretary of Explaining Stuff", but in life, public or private, U cannot successfully use lies 2coverup personal activities. Especially not in this tech age. #MetaData
theatlantic.com/politics/archi…
3) A claim has long been around that in 1969, #BillClinton, then a #RhodesScholar was expelled from #Oxford 4raping 19 yr old #EileenWellstone.
The #WATimes, in "The Missing Clinton Women", lists his victims, alleged & proven.
washingtontimes.com/news/2004/jun/…
Read 5 tweets
Profile picture
Raksha Kumar
@Raksha_Kumar
A thread of all my pieces in 2019. Will add to this throughout the year. My focus on land rights and media freedoms continue. Watch out for a series on women's land rights later in the year. Also, a series of stories on Hindu fundamentalism.
A look at journalists' safety in 2018. Most murders of #journalists are underreported. Simple fact is that we dont know how many journalists are being killed in the line of duty every day in India.
CC: @pressfreedom @IFJGlobal @pen_int
truthdig.com/articles/the-l…
Women have known for ages that their battle against patriarchy will be sustained, slow, and often disappointing. This is the story of 3,500,000 women of Kerala who began the year with some hope.
sojo.net/articles/women…
Read 10 tweets
Profile picture
The Grey Man
@IntelOperator
“Washington told itself a comforting story that minimized the importance of this outbreak of kleptomania: These were criminal outliers and rogue profiteers rushing to exploit the weakness of the new state”

theatlantic.com/magazine/archi…
The West could have turned away this stolen cash; it could have stanched the outflow to shell companies and tax havens.

Instead, Western banks waved Russian loot into their vaults.
What was at stake could well be systemic contagion: Russian values might infect and then weaken the moral defense systems of American politics and business.
Read 6 tweets
Profile picture
Evan Rosenfeld
@Evan_Rosenfeld
NEW: Atlantic: @YAppelbaum: Impeach Donald Trump: Starting the process will rein in a president who is undermining American ideals—and bring the debate about his fitness for office into Congress, where it belongs. theatlantic.com/magazine/archi…
“Congress must again decide whether the greater risk lies in executing the Constitution as it was written, or in deferring to voters to do what it cannot muster the courage to do itself.” theatlantic.com/magazine/archi…
“The oath of office is a president’s promise to subordinate his private desires to the public interest, to serve the nation as a whole rather than any faction within it. Trump displays no evidence that he understands these obligations.” theatlantic.com/magazine/archi…
Read 6 tweets
Profile picture
Adrienne LaFrance
@AdrienneLaF
In an October 2016 editorial, @TheAtlantic described Donald Trump as a “demagogue, a xenophobe, a sexist, a know-nothing, and a liar,” unfit to be president.

At the two-year mark of Trump's presidency, @JeffreyGoldberg writes: “In retrospect, we may be guilty of understatement.”
This morning we are launching a big project we’re calling #TrumpUnthinkable. We asked 50 writers to reflect on 50 moments that would have been unthinkable in any other presidency, Democratic or Republican.
You can read @JeffreyGoldberg’s editor’s note and find all 50 ranked moments here:

theatlantic.com/unthinkable/
Read 53 tweets
Profile picture
OnWithLogic
@OnWithLogic
1) Today's story is called The Brink.

They never thought she'd lose, now we understand the #NWO plan to destroy America, see 1991 Bush I vid. Obama took over the process from Bush II and embarked on an 8 year wrecking ball. #QAnon #GreatAwakening @POTUS
2) For years rogue operatives have been getting installed. Shadow government/#DeepState. All centers of #Government. Controlled by the wealthiest on the planet, most rogue was the CIA. Goal was complete control to dismantle. Check Out Barry's Book: Post American World #QAnon
3) The systematic leaking of classified intel was everywhere, so was exposure of #military assets. Instead if de-funding military (bad optics), you starve thru corruption. Notice #Mattis has a massive audit of DOD? Think why.

defenseone.com/politics/2017/…

popularmechanics.com/military/a746/…
Read 17 tweets

Trending hashtags

#PA07 #nuclear #ThePatriotTimes #LordofWar #GA05 #Genocide #CA28 #McClatchy #NY11 #TX29 #TeamNutShellReport #CA18 #NY22 #SOTU #PA08 #2018InReview #PEoH #AWFDY #TheAtlantic #PAMFAM #HateCrime #CA20 #MI12 #NXIVM #PAM
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!