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@porterstansb "Correct. Their debauchery stems from a similar feedback loop (no meaningful rewards for disciplined behavior) but not because inflation has destroyed the purchasing power of their wages -- it's the exact opposite. Elites have so much wealth and power they can escape the consequences of their debauchery while disciplined and useful behavior creates no relative benefits for them. If you've got a $500m trust fund and you're earning $4m a month in bonds why bother saving Why bother working Why bother trying to be useful to your neighbors Thus elites abandon the discipline of the bourgeoisie --"
@porterstansb Avatar @porterstansb on X 2025-07-27 20:46:54 UTC 54.2K followers, XXX engagements

"Wall Street chases stocks but corporate bonds offer safer 20-30% annual returns. Martin Fridson joins me to reveal why bonds are a wealth-building powerhouse. Theres a reason why 86000 of the worlds best informed investors read my free newsletter"
@porterstansb Avatar @porterstansb on X 2025-05-07 04:00:00 UTC 54.2K followers, 165K engagements

"This is genuinely brilliant. If you dont understand why Bitcoin is so valuable and why stablecoins will replace banks over the next decade watch this"
@porterstansb Avatar @porterstansb on X 2025-07-20 20:34:47 UTC 54.2K followers, 33K engagements

"Absolutely true. And I predicted all of this would happen in 2010. My best idea back then: $TPL and $LNG. Today $TPL and $VG"
@porterstansb Avatar @porterstansb on X 2025-07-21 18:57:39 UTC 54.2K followers, 7787 engagements

"Theres nothing better for the wise man than to live among fools who willingly give away their capital. If only all government revenue could be funded by suckers who gamble smoke and drink"
@porterstansb Avatar @porterstansb on X 2025-07-26 14:41:57 UTC 54.2K followers, 4125 engagements

"I made a killing on the Microsoft-Activision and Twitter merger arb deals. Big-cap mergers can still be no-brainers with huge upside and little downside. Watch how I do it. #economy #economics #investing #stocks"
@porterstansb Avatar @porterstansb on X 2025-07-17 14:16:16 UTC 54.2K followers, 2682 engagements

"McDonalds isnt just a burger chainits a cash-flow powerhouse built to last. My podcast breaks down why its a cornerstone for serious investors. Theres a reason why 86000 of the worlds best informed investors read my free newsletter. Sign up:"
@porterstansb Avatar @porterstansb on X 2025-05-07 04:00:00 UTC 54.2K followers, 89.8K engagements

"Nothing is more tedious or arrogant than a world improver who uses the government to impose his own ideas about just and moral behavior on other people. Dont want to gamble Dont. Dont want to participate in the industry Dont invest in it. But leave the rest of us alone you arrogant prick"
@porterstansb Avatar @porterstansb on X 2025-07-26 14:45:47 UTC 54.2K followers, 3320 engagements

"A U.S. Treasury default or a global shift away from the dollar as the reserve currency would be a calamity. Imagine a world where the dollar cant buy what it used to replaced by a new systemBitcoin gold or a Chinese currency block. Free newsletter:"
@porterstansb Avatar @porterstansb on X 2025-05-16 20:12:00 UTC 54.2K followers, 125.9K engagements

"Retirees cant risk stocks that disappear. I pick Lindy Law giants like John Deere and Coca-Colahigh ROE 50+ year players that own their markets. Watch why these are my go-to. #economy #economics #investing #stocks"
@porterstansb Avatar @porterstansb on X 2025-07-25 14:17:16 UTC 54.2K followers, 4527 engagements

"I completely disagree. People have been gambling -- and drinking -- for all of recorded history. That's nothing delusional or psychotic about it. People who say that addiction is a disease are simply wrong: there's no vector. It isn't contagious. It doesn't meet objective standards of an actual disease. You've never seen someone "cure" their cancer or their heart disease by going to an AA meeting. Nobody picks up a bottle of Mad Dog 20/20 and says boy this sure is good for me. Nobody places a bet at a casino and says "I've got a fair chance to win." If you buy into the narrative that these"
@porterstansb Avatar @porterstansb on X 2025-07-26 16:13:55 UTC 54.2K followers, XX engagements

"Please if you like me are sickened by what's happened to our inner cities (like Baltimore in my case) listen to this five minutes of brilliance. President Trump must award Sowell the Presidential Medal of Freedom"
@porterstansb Avatar @porterstansb on X 2025-07-22 16:05:24 UTC 54.2K followers, 10.3K engagements

"My Permanent Portfolio is up XX% this year crushing the S&P with half the volatility. Uncorrelated assetsstocks gold Bitcoin P&C insurancemake it work. Watch how I do it. #economy #economics #investing #stocks"
@porterstansb Avatar @porterstansb on X 2025-07-28 14:18:21 UTC 54.2K followers, 2074 engagements

"There are 350k black people in Baltimore XX% of the population. In the ten years between 2010-2020 there were more than 350k arrests in the city. And XX% of those arrested were black. Most were male. Many were arrested multiple times. Using this data and other national crime stats Grok estimates that XX% of black men in Baltimore have been arrested at least once. My conclusion: either the Baltimore PD is the most racist institution in America or there is a group of people whos behavior is completely unacceptable in a civilized society. Baltimore PD is XX% black. Sincere question: how do we"
@porterstansb Avatar @porterstansb on X 2025-07-20 14:02:05 UTC 54.2K followers, 4.6M engagements

"@JoeHeinzmann @JohnArnoldFndtn Oh so you're a big fan of incredibly ignorant violent drug dealers who won't take care of their families Do you live near any"
@porterstansb Avatar @porterstansb on X 2025-07-26 16:44:54 UTC 54.2K followers, XX engagements

"Why am I so bent about John Arnold's crusade against gambling John Arnold was the best natural gas trader of all time. "The King of Natural Gas" is what they called in the commodity markets. He made Enron $XXX million in 2001 just before it collapsed by ripping the faces off all the degenerate commodity futures traders -- most of whom were simply gambling addicts dressed up as "traders." Natural Gas in the most volatile of all of the major commodities billions are traded every day in these markets and it is completely a zero sum game. I am personal friends with the world's largest current"
@porterstansb Avatar @porterstansb on X 2025-07-26 16:05:59 UTC 54.2K followers, 15K engagements

"The best time to invest When everyones panicking. Thats when you get deals like Regeneron bought at $XX in 2000 down to $X in the bear market now $XXX after peaking at $1153. Free newsletter:"
@porterstansb Avatar @porterstansb on X 2025-05-16 20:07:00 UTC 54.2K followers, 74.9K engagements

"@EndWokeness @grok are these accurate representations Were these people attacked without substantial provocation Was there an actual mob of black people attacking these white people"
@porterstansb Avatar @porterstansb on X 2025-07-27 23:59:11 UTC 54.2K followers, 4270 engagements

"Philip Morris ($PM) has created more profits for investors than any other company in the history of capitalism. Most people know why the company is doing so well now - Zyn - but they don't understand how $PM works. Let me show you. ๐Ÿงต๐Ÿ‘‡"
@porterstansb Avatar @porterstansb on X 2025-04-24 01:40:16 UTC 54.2K followers, 478.9K engagements

"The Inner Harbor went bankrupt. The downtown is a ghost town. Real estate prices havent recovered since Freddie Gray. And the homicide rate in 2023 was XX per 100000 in the black community thats way more dangerous than Beirut. Talk to any business owner/property owner in Baltimore: the city is on the verge of a collapse. And we please elect a non-felon to be the mayor"
@porterstansb Avatar @porterstansb on X 2025-07-21 23:56:18 UTC 54.2K followers, 14.3K engagements

"@iaminstagood @JohnnyNobo1442 @BigManDudeBro @CelestialAatif I'll give you three guesses"
@porterstansb Avatar @porterstansb on X 2025-07-24 16:31:05 UTC 54.2K followers, XXX engagements

"In June the reported margin balances in U.S. investor accounts represented the largest monthly increase ever jumping $XX billion to reach an all-time high of just over $X trillion. The prior peak of $XXX billion was reached in late 2021 just before stocks entered into a bear market in 2022. Its the latest sign of the growing speculative frenzy in todays market"
@porterstansb Avatar @porterstansb on X 2025-07-25 23:25:47 UTC 54.2K followers, 4907 engagements

"Absolute nonsense. Stop treating adults like children. And stop saying people who are fucking idiots and can't control themselves are mentally ill. They aren't. They're weak and stupid. They damn well know that if they bet enough times they will lose. Everyone knows this. Unless they went to Baltimore's public schools. But even then they can easily learn it online"
@porterstansb Avatar @porterstansb on X 2025-07-26 15:32:18 UTC 54.2K followers, XXX engagements

"You lost me completely. My point which was apparently too subtle was given that the police department is XX% black and has been desegregated for 50+ years I find it unlikely that XX% of the arrests (and virtually XXX% of the violent crime) comes from the black community because the police are KKKer's wearing badges. I suspect it's because there's a huge criminal element inside the black community that's been protected and excused for drug dealing violence unemployment ignorance and crime because of racial affiliation. I'm hoping that will change that sooner or later the majority of black"
@porterstansb Avatar @porterstansb on X 2025-07-25 17:38:18 UTC 54.2K followers, 2765 engagements

"The CBOE Volatility Index (VIX) has eased significantly after jumping above XX in April amid tariff-driven uncertainty. Now hovering near a five-month low around XX the VIX reflects a calmer market environment. However history shows that volatility climbs heading into the fall a seasonal pattern suggesting that another bout of market turbulence could be on the horizon"
@porterstansb Avatar @porterstansb on X 2025-07-28 21:38:09 UTC 54.2K followers, 1353 engagements

"Bank of Americas sitting on $700B in bonds bought at X% yields in 2020. Those bonds are down XX% hiding $100B in losses. Meanwhile the Treasury needs to refinance $9T and issue $2.5T in new debt this year. Free newsletter:"
@porterstansb Avatar @porterstansb on X 2025-05-17 04:00:01 UTC 54.2K followers, 147.5K engagements