Logan Weaver Profile picture
Making investment management software-driven. Founder @surmountinvest, Owner @quantbase_, @forbes Business Council, @WBJonline 25 Under 25
Jun 11 15 tweets 5 min read
This family was Hitler's secret bankers.

But at the same time, they were saving jews.

Today, this Swedish family controls $278 billion worth of European companies from the shadows.

Here's the untold story of Europe's most powerful dynasty: Image The Wallenberg story starts in 1856.

André Oscar Wallenberg founded Sweden's first private bank.

His vision? Pool small savings to kickstart Sweden's economy.

But what happened 80 years later would change the family legacy forever...
Jun 9 14 tweets 5 min read
This Bank was like Goliath.

It survived the Civil War, both World Wars, and the Great Depression.

But then ONE person entered and:

- 25,000 jobs gone
- 158 years of history erased
- $613 billion vanished in a single day

Here's how he caused one of the biggest disasters ever: Image Lehman wasn't just any bank.

They survived the Civil War, two World Wars, and the Great Depression.

Founded in 1850 as a cotton trading business.

By 2007, they were the 4th largest investment bank in America.

Nobody saw the collapse coming…
May 6 15 tweets 4 min read
Let’s talk about something big that's happening behind the scenes:

The U.S. dollar is weakening.

And it could have massive effects on the world economy, your money, and global markets.

Here’s everything you need to know (in simple words):🧵 Image Start with the basics:

The U.S. budget deficit hit $1.8 trillion in 2024.

National debt crossed $30 trillion by March 2025.

That’s weighing heavily on the dollar’s future strength — and cracks are starting to show.

The dollar’s supremacy wasn’t an accident.
Apr 24 17 tweets 6 min read
Trump raised U.S. tariffs on China to 125% — the highest ever.

While everyone’s fixated on the trade war, here’s the truth:

Your pocket is bleeding.
This trade war isn't against countries, it's against individuals.

Here’s what they’re not telling you: Image Here’s some context:

It all started back in 2018, when Trump hit China with tariffs to:

– Lower the U.S. trade deficit.
– Push back against what he called China’s unfair trade practices.

He quickly raised tariffs on $36B worth of goods, including steel, tech, and clothing.
Apr 17 13 tweets 4 min read
In the late 90s, WorldCom was worth $186 BILLION.

A telecom giant with a perfect story.

But behind the scenes? An $11 BILLION accounting fraud.

One woman uncovered everything.

Here's what she found: Image WorldCom started in 1983 as a small discount long-distance phone provider.

But under CEO Bernie Ebbers, it grew fast by buying competitors like crazy.

By the late 90s, it had swallowed up over 60 companies.

And was worth a jaw-dropping $186 BILLION at its peak.
Apr 15 14 tweets 5 min read
In 1994, a trader claimed he made $275M.

He became a star. Got promoted. Took home $8M in bonuses.

But it was all fake.

He used accounting tricks to hide $350M in losses.

The result? A 130-year-old Wall Street bank collapsed overnight.

Here's the story: Image Joseph Jett was a star trader at Kidder Peabody.

In just four years, he supposedly made $275M in profits, earning him praise and big bonuses.

But here’s the catch—it was all a lie.

Those profits weren’t real. So, how did he pull it off?
Apr 10 12 tweets 5 min read
Brexit was meant to be a win.

Instead, the UK lost 330,000 jobs.
Exports tanked by 27%.
Imports collapsed by 32%.
London’s financial crown? Gone.

Brexit didn’t free Britain.
It broke it.

Here’s the brutal truth no one’s talking about: Image It all began in June 2016.

52% of UK voters chose to leave the European Union.

The promise? More control. More money. More independence.

The reality? A lot more complicated—and painful—for the economy.

Leaving the EU meant one major thing: trade barriers.
Apr 1 15 tweets 5 min read
Wirecard was a $24 Billion fintech giant, but it collapsed in a day.

This German company deceived investors, auditors, and even the government.

This is the untold story behind the fall of Germany's biggest fintech company.🧵 Image Wirecard started in 1999 as a small payment processing company in Germany.

By the mid-2000s, they made a strange move: They merged with a payment firm that worked with the adult and gambling industries.

It seemed odd, but it was just the beginning.
Mar 25 15 tweets 7 min read
In 1965, Singapore was struggling with no resources.

Today, the global financial powerhouse manages over $1 trillion in assets.

How did this tiny nation become an investment behemoth?

Here’s the story: Image
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Singapore gained independence in 1965, a time when it had no natural resources.

It had a small population of just 1.9M people, and unemployment was high.

Its future was uncertain yet, in decades, it became an economic juggernaut.
Mar 20 17 tweets 6 min read
Trump's trade war just backfired.

Trump tried to choke China’s economy. Instead, he pushed Indonesia to rise.

A trade war meant to destroy ended up creating a stronger competitor.

Did Trump just build the next big global powerhouse by accident?🧵 Image First, let’s talk about Trump’s big move.

He wanted to:
– Put tariffs on Chinese goods (Making them more expensive).

– Start a direct trade war with China (Pressuring them to change).

– Pull the U.S. out of trade agreements (To “protect” American businesses).
Mar 18 17 tweets 6 min read
This guy scammed Wall Street for 18 years.

He turned a discount electronics store into a Billion-dollar fraud empire.

Hidden cash, fake profits, smuggled money — and no one suspected a thing.

Here's how he fooled investors, auditors, and even the government: Image In the 80s, Crazy Eddie was a household name thanks to its wacky TV commercials and “unbeatable” discounts.

But behind all that hype, Eddie and his family were building a massive criminal empire.

The key? Reporting less income = paying less taxes.

Simple, right? Not so much...
Mar 13 12 tweets 5 min read
A secret cartel of bankers manipulated interest rates, impacting mortgages, student loans, and corporate debt.

This massive scheme shook the global economy, revealing one of the biggest scandals...

Here’s how it went down: Image LIBOR (London Interbank Offered Rate) was the world’s most important interest rate.

It determined borrowing costs for over $300 trillion in financial contracts, mortgages, student loans, corporate debt, you name it.
Mar 11 13 tweets 5 min read
Enron was America’s hottest stock. A $70B empire. Then—vanished overnight.

Fake profits. Hidden debt. A Wall Street darling turned total fraud.

In 2001, it imploded, wiping out investors, employees, and even its auditors.

Here’s the full story: Image Enron started as a natural gas company in Houston, Texas, and later became a global energy trading company.

The company's collapse in 2001 was due to accounting fraud and unethical business practices.
Mar 6 11 tweets 4 min read
A janitor with an $8M fortune?

Ronald Read never earned a big paycheck. Never flaunted wealth. Never took big risks.

Yet, he quietly built millions using a simple, overlooked strategy.

No lottery. No inheritance. Just patience and discipline.

Here’s how he did it… Image Ronald Read had a modest beginning, working as a janitor and an attendant at a gas station.

He believed in the idea of saving and investing despite his humble job.

And his dedication led him to his future wealth.
Mar 4 12 tweets 5 min read
Forget stocks and crypto.

Billionaires are pouring millions into whiskey and boat parking.

These overlooked assets offer 14-20% and there’s not much competition.

Here's how: Image Whiskey is a booming asset:

• Its market grew by 586% in the last decade (Knight Frank.

• Some casks appreciate 12-18% annually.

• A Macallan 1926 bottle sold for $2.7M in 2023, breaking records.
Feb 27 11 tweets 4 min read
In 1979, China was broke. GDP? Just $150B. Zero foreign investment.

Then Deng Xiaoping embraced capitalism, built Special Economic Zones, and turned China into the world’s factory.

Today? $17T GDP. 750 billionaires. Second only to the U.S.

Here’s how he did it: Image Before Deng, China’s economy was a mess.

The previous statesman, Mao Zedong’s policies left the country isolated, and inefficient.

Deng saw a potential for change but he needed to find a way to modernize without losing the control of Communist Party.

He decided on capitalism.
Feb 26 11 tweets 4 min read
In 1990, Iraq invaded Kuwait. They looted $90B and left the nation in ruins.

But Kuwait had a secret weapon—a hidden fund in London.

While Iraq crumbled under war and sanctions, Kuwait’s wealth exploded to $900B.

Here's how they turned disaster into a trillion-dollar empire: Image Iraq invaded Kuwait making it the beginning of the Persian Gulf war.

Saddam Hussein claimed historical ownership and accused Kuwait of overproducing oil which allegedly hurt Iraq’s avenues.
Feb 21 11 tweets 4 min read
Isaac Newton cracked gravity but lost a fortune in a stock market scam.

In 1720, the South Sea Bubble lured even the smartest minds with wild promises. Prices soared. Investors cheered.

Then it all collapsed, wiping out fortunes overnight.

Here’s the full story: Image Established in 1711, South Sea Company’s goal was to manage Britain’s national debt while consolidating trade monopoly in the South Seas.

Investors were promised huge profits from trade opportunities that were untapped.
Feb 11 12 tweets 4 min read
The Dutch tulip mania is history’s first market bubble on record.

In the 1600s, a single tulip cost more than a house.

Dutch traders poured fortunes into tulip bulbs.

They were convinced prices would never fall. But then it all fell apart.

Here’s what went down. Image
Image
It was the rise of the tulip frenzy.

Tulips arrived in the Netherlands in the late 1500s and became a luxury symbol instantly.

The rarest types, like the Semper Augustus, were nothing short of a status symbol, and it was valued at what would be $1M today.
Jan 28 10 tweets 3 min read
In 1969, Norway struck oil—but instead of wasting the riches, they did something remarkable.

They built a $1.4 trillion fund, making every citizen a shareholder.

Here’s how Norway turned black gold into the world’s largest piggy bank: Image
Image
In 1969, oil was discovered in Norway's North Sea.

While many nations have fallen into the "resource curse"—where abundant resources lead to corruption, mismanagement, and economic instability—Norway charted a different path. Image
Jan 14 17 tweets 6 min read
Singapore had nothing—no resources, no farmland, no military.

Today, its GDP per capita is higher than the US.

How did a tiny island go from a struggling colony to one of the richest nations on Earth?

Here’s the story of Singapore’s economic miracle: Image
Image
In 1965, when Singapore became independent:

• Unemployment was over 14%.

• GDP per capita: $516 (comparable to that of a developing nation).

• The island had no natural resources—no oil, no farmland, no minerals. Image
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