Tom Faranda's Folly

AI of course. Amazon just announced they are eliminating 30,000 white collar jobs over the next several months. From the Wall Street Journal – https://www.wsj.com/business/companies-hiring-jobs-ai-9ef675b6?st=BCU7D4 JPMorgan Chase has a ‘strong bias’ against adding staff, while Walmart is keeping its head count flat American employers are increasingly making the calculation that they can keep the size … Read more

A very nice comeback win against a decent team. And taking their chances going for two 2 point extra points paid off. Final score 39-38. You have to go here to see it. Here’s the extra point situation.

“The result shores up momentum for self-described ‘anarcho-capitalist’ economic programs”. I thought he was supposed to be in trouble politically. Guess not. https://www.wsj.com/world/americas/milei-wins-mandate-for-free-market-revolution-in-argentinas-election-3be65f38?mod=djemalertNEWS BUENOS AIRES—President Javier Milei scored a decisive political win Sunday, strengthening his position in Argentina’s Congress and securing a lifeline for his audacious free-market revolution backed by President Trump. With nearly 92% … Read more

Timothy Mellon a “reclusive” billionaire and Trump supporter. Virtually impossible to find a current or recent photo of him. That’s him in the blue shirt receiving a photograph in 2015 of USCGC Mellon, a ship named after his grandfather, Andrew. https://nypost.com/2025/10/25/us-news/deep-pocketed-donor-who-gave-130-million-to-pay-soldiers-is-identified-to-be-billionaire-heir-timothy-mellon President Trump announced this week that “a friend” who “loves the military and loves the … Read more

On the face of it, if you’re a stockholder it’s full speed ahead. Another CNBC interview –