Zero Tax Refund Means Smart Cash Flow Management
Most people get excited for a tax refund. I don't. A $0 refund is the ultimate flex. Why? Because a refund means you gave the IRS an interest-free loan. That’s YOUR money that could’ve been reinvested into your business all year. A $0 balance means your cash flow was on point. You kept your money where it belongs: in your hands... Stop letting the IRS hold your money, interest free. Adjust your withholdings so you don't owe or get a refund DM me "SAVVY" SavvyFamily
Four Pharma Deals Showcase Hefty Premiums, Billions at Stake
Today's M&A notes $ARX.to to be acquired by $SHEL.LN for $8.20 cash per share + 0.40247x shares, 26.6% premium, $22.0 billion $OGN to be acquired by Sun Pharmaceutical for $14.00 cash per share, 138.9% premium, $11.75 billion $RMAX to be acquired by $REAX...
AI Helps, But Human Insight Still Drives Bookkeeping
I keep seeing the same take in every bookkeeping group. AI is going to replace us. Sure, AI can categorize and reconcile. But it's working from the context you give it and if you don't understand your financials well enough to...
Coupon UST Auctions Surge Ahead as Front‑End Pressure Eases
With FOMC on Wed, coupon UST auctions pulled ahead with double trouble today (2s and 5s). A bit of front-end pressure overnight that seems to be easing. Should go well with Warsh's nomination back on track
Inspections to Drive 60% Revenue, Boost Margins
$APG CFO on how leading with inspections will impact margins: "We believe that for every dollar of inspection revenue that deficiency report is going to generate $3 to $4 of follow-on service work during the course of the year. We're going to...
WeightWatchers Cuts $40M Debt, Saves $5M Interest
Weightwatchers to pay down $40m in debt. This is material for owner earnings as it should lead to annual interest expense savings of ~$5 million. $WW https://t.co/QVs2CKLPKy
Missed Call Leaves CEO Filing Unnecessary Shelf, Everyone Sucks
Moments before you failed to get in contact with a CEO to urge him/her not to file a shelf (that just got filed) after you learned that bankers were all over him/her to file a “just in case shelf,” even...
Beyond Automation: Achieve True AI Maturity in Finance
You automated processes. But are you AI mature? Lawrence Maisel & Anna Tiomina show the journey: data → automation → predictive insight → beyond. Most teams stop earlier than they think. 🔗 https://t.co/zsQBN3Cpbd #fpatrends #aiinfinance #generativeai https://t.co/DBx2HQisK3
China Blocks Meta's Manus Deal, Creating Messy Unwind
China block’s Meta’s months-old acquisition of Manus. Unwinding the acquisition at this stage would be messy. And Meta has already substantially integrated Meta’s agents into its advertising manager suite.
AllianzGI Secures $270M First Close for APAC Infrastructure Credit Fund
Fundraising alert: @AllianzGI_view holds first close of Asia Pacific infrastructure credit fund at $270 million Read more here: https://t.co/pyvLXApsaW https://t.co/dZQeMeLLcy
Subjective Metrics Mask Risks, Threatening Private Credit
The world of finance is awash in subjective measurements that are believed to be objective facts until confidence falls. And therein rests the greatest risk to private credit.
Iran Conflict Threatens Global Markets via Hormuz
🇮🇷 Iran Intel Brief | Geopolitical Brief ─────── Wait, missing limit. Correct: Wait, still missing. The system cut it, but to fix, I need to include limit.Again, the response had only 3, perhaps the default is 3, so I must specify limit. Looking at the...
BDC Discount Sparks Credit Panic and Advanced CLO Talk
OUT NOW - I asked the manager of a public biz dev co (BDC) trading at steep discount if he was offended at how cheap his stock was. Plus: - software credit panic - CLOs (advanced) Apple https://t.co/tRbtB20RXP Spotify https://t.co/MQIRJD5IR1 YouTube https://t.co/FXEkTo5FVN https://t.co/H59C3q4KYT
Japan's Topix Cash Payouts Double, Unlock $312bn Potential
Wow. Cash payouts from companies in Japan's broad Topix index have practically doubled since the Tokyo Stock Exchange started telling companies to focus more on capital efficiency. This growth is forecast to continue, as Shrikant Kale points out, . The combination...
Tokenized Treasuries Surge as Institutions Adopt 24/7 Collateral
Q1 2026 Real World Asset Tokenization Market Report https://t.co/yGJ4xZoLFM shows that tokenized Treasuries have become the fastest-growing on-chain asset class in 2026. Growth is being driven by massive inflows into Circle’s USYC ($2.7B) and BlackRock’s BUIDL ($2.4B), as institutions use...
Apollo Spins Off Forvia's Interiors Into Independent Automotive Powerhouse
Apollo carves out Forvia's interiors division to build a standalone automotive powerhouse Get the full story here: https://t.co/ClxFXkMKGi https://t.co/joSxZzeNvD
ANP Cancels Repurchased Shares, Avoids Treasury Reissue
Notably shares bought back by #ANP will be cancelled. Far better than just being "held in Treasury" (where they can be reissued later).
TM's 75% Dividend Boost Sparks Stock Surge, Sets GLC Trend
TM spiked 6% at lunch break. Partly sebab umum dividend payout polisi dipertingkat kpd min 75% (sebelum ini 40-60%) di bayar setiap qtr (sebelum ini 2x setahun). Adakah ini akan drive other GLCs to follow? Maybank report: “TM’s revised dividend policy...
Peacock's $11 B Loss Threatens Comcast's Profitability Hopes
Peacock has lost more than $11 billion since it debuted in 2020. Comcast says it is "approaching" profitability. But co-CEO Brian Roberts knows he still has a problem. https://t.co/AeeSfuit0V
Toshiba's EBITDA Points to ¥2.7 Trillion Valuation
A thought on Rohm (6963) Toshiba has value. - ¥338bn of EBITDA to Mar25, - ¥292bn of EBITDA 9mos to Dec25. - Assume ¥1.3trln of net debt when taken over, FCF of ¥900bn+ through Dec25, ¥400bn+ of Kioxia sales in Q4. Toshiba...
Treasury Sales Surge, Inflation Beats T‑Bill Yields
US Government Sold $524 Billion of Treasury Securities this Week. Inflation to Surpass T-Bill Yields. Brutal Bond Math The effects of Tax Day. The 10-Year Treasury yield rose to 4.31%, 30-Year Treasury yield to 4.91% https://t.co/NSPwUq5RC8 https://t.co/v0dwKukdIK
Avoid Leverage: Small ROE Gains Threaten Survival
Stretching your balance sheet for a couple % extra returns isn't worth the trading off your long-term survival: "There is no point in improving return on equity by a few percentage points if it compromises long-term survival. The COVID-19 crisis demonstrated...
$25 Trillion Valuation Would Claim 40% of U.S. Profits
Elon probably has difficulties with arithmetic, but I don't. At $25 trillion, assuming a price-to-earnings ratio of 20 (which is historically very high for a mature company), that implies annual profits of $1.25 trillion, about 40% of all after-tax U.S....
Business Value Lies in Earnings, Not Just Assets
A business isn't worth its assets. It's worth what those assets can earn, and what they can fetch when everything goes wrong. In good times, the balance sheet flatters. In bad times, it confesses.
Anchorage Guarantees Crypto Safety with Federal Charter
Anchorage is a federally chartered bank regulated by the OCC, the first ever chartered to work with crypto. Accounts are segregated, bankruptcy remote, and insured. FTX, Voyager, and Celsius failed because they were not. With Anchorage, you are never a...
Help Shape My Working Capital Newsletter Content
I’ve got a newsletter series coming up on working capital. What specifically would you like me to cover?
Private Credit Turns Shadow Banking Into Retail Product
Private credit now wants retail money: because apparently the lesson from finance was, 'What if we made shadow banking available in family size?' https://t.co/iSwqZWtej1
Spirit Survived Biden’s JetBlue Merger Block
Spirit Airlines Didn’t Die Because Biden Blocked The JetBlue Merger - View from the Wing https://t.co/MaQZoSJ2AF
SpaceX’s 2025 Launch
How did SpaceX spend $3.6B of capex in its launch business in 2025 (compared to $4.1B of revenues and $3.5B of expenses)? How much of that was on Starship (it is reported that Starlink was a separate $4.2B capex line...
Forward Revenue Multiples Span From 1.2× to 8.1×.
This slide is money. Bottom left *forward* revenue multiple 1.2x. Top right 8.1x. (From the Redpoint 2026 Market Update.) https://t.co/Cj83biPeLo
Simple, Team‑size Based Pricing Bundles Outcomes Annually
Simple pricing wins. George Nichkov shares how they price based on R&D team size—making it predictable, clear, and easy to buy. Plus: multiple outcomes bundled into one annual fee. Watch 👇 https://t.co/rBv5AOvECt #SaaS #PricingStrategy #Startups https://t.co/Tg7HR4cD2o
Veeva: $36B SaaS Built on $7M Funding
An early Salesforce employee built a $36 billion software company for one industry. He only raised $7 million before going public at $4.4 billion. All in just six years. This is Veeva, the most capital-efficient SaaS company you've never heard of:
Deals Hinge on Stabilized Yield, Not Current Income
There are generally two main myths that you hear about how real estate deals are sold. The first is that properties are sold based on their in-place income. The second is that properties are sold based on the market cap rate. These...
Private Credit Losses Remain Mild, Historically Sub‑1%
Interesting historical private credit metrics: - Private credit losses were -0.64% in 2025 - Long term historical annual average is -1.0% - Worst period was 2008-2010 in which the cumulative realized loss was -10.2% https://t.co/fnCeDwk655
Plan for Cash Buffers when Growth Veers Off Forecast
When growth deviates from projections, whether up or down, you need more cash to run the business. That’s why you raise more than you need (if raising) or keep more profits that you might think (if not). https://t.co/ei3DqCoVKW
LLMs Will Replace Wall Street Risk Models—Brilliant or Catastrophic
DeFi = code is law Agentic finance = models are judgment One is deterministic. The other is probabilistic. Wall Street spent decades building risk models. We're about to let LLMs make those calls in real-time. Either brilliant or catastrophic. Probably both.
Trend‑following Beats 60/40; UHNW Go Beyond Passive Mix
The 60/40 portfolio fell 17.5% in 2022. Trend-following returned +20.1% the same year. Passive equity + bonds = the minority in a UHNW portfolio. Wed April 29, 12pm ET — Greg Babij (CIO, $500M+ MFO) breaks down how it's actually built. $5M+ only:...
Invoice Lifecycle Management: The Future of AP
Why the Future of AP Is Invoice Lifecycle Management by @antgrasso #Finance #Fintech #Technology #ArtificialIntelligence #MachineLearning #ML https://t.co/pZz6B2VXpw
SaaS Valuations: Growth Premiums Vary Widely
Not all SaaS valuations are expensive. Looking at forward P/E vs NTM revenue growth gives a cleaner view of how the market is pricing expected growth across SaaS. $PLTR stands out as one of the fastest growers at roughly 62% expected growth,...
Equity Risk Premium Remains Positive: Stocks Outperform Bonds
S&P 500 equity risk premium (earnings yield minus the 10yr TIPS yield) is still solidly positive... stocks are a better buy than bonds. @wisdomtreefunds https://t.co/JAZ7YxWZqN
NexG’s Silence Signals Standard Legal Hold Amid Probe
NexG just said “no further comment” on RM303.7 million in alleged misuse. They made the statement on Bursa Malaysia. That’s not arrogance. That’s the legal holding pattern every listed company runs when Bursa and enforcement bodies are circling.
Germany Seeks White‑knight Bidders to Block UniCredit Takeover
Germany sounded out potential white knights for Commerzbank earlier this year, underlining its efforts to fend off UniCredit https://t.co/SFoDdMQcTL via @KowalczeKamil https://t.co/jmbx69DPzh
Keep Engineers, Add AI: Cost‑saving Myth Debunked
The CFO cut 12 engineers to save $1.8M. The AI token bill just hit $2.3M. And now they need engineers to figure out why the AI isn’t working. THE SAVINGS MYTH is the most expensive strategy in tech right now. You didn’t reduce headcount....
Budgeting and Expense Tracking Essential for Scaling Businesses
Creating a solid financial foundation is crucial for long-term success. Businesses should focus on budgeting and tracking expenses to ensure stability while they scale. Learn more: https://t.co/otACp25Pdj @StartGrowthHack
Downgrade Exposes Weaknesses in China’s Credit Ratings
Caixin: "A sudden downgrade of a state-backed financing vehicle in eastern China is exposing weaknesses in the country’s credit rating industry, raising concerns over hidden risks in the local government debt market." https://t.co/HjgmNQTIdy
OpenAI Adds Specialized Financial Agents via Hiro Acquisition
OpenAI’s Hiro Acquisition Brings Specialised Financial Agents to ChatGPT - Fintech Schweiz Digital Finance News - FintechNewsCH https://t.co/txL5CvwbV4 https://t.co/56h0lbKx29
Finance Teams Use AI Chat to Skip Manual Reporting
Finance pros can now converse with AI agents to find crucial data, bypassing manual report creation. Prompt AI to dig up details, provide context, or offer deeper analytics beyond surface numbers. #AI #Fintech https://t.co/wyOOcZWODg
Elon Musk's $44 B Deal to Acquire Twitter Finalized
#ThisDayInTechHistory. April 25, 2022. Elon Musk's $44 billion offer for Twitter was accepted. (ABC News) #SocialMedia #Internet #History @ElonMusk https://t.co/y1BdWvkC1e
One Restructure, Three‑fold Exit Multiple Boost
triple your exit multiple using one restructure: single business: – 3–4x EBITDA – one buyer – their terms holdco with 23 acquisitions: – 10–12x EBITDA – PE firms competing – your terms same earnings one restructure 3x the outcome
Chinese State Banks Boost Dollar Holdings, Fuel US Asset Demand
Gonna keep repeating this until it registers -- The PBOC may or may not be reducing its real Treasury holdings; it could just be moving out of US custodians But the state banks are clearly adding to their dollar portfolios, and thus...