Alexander McCobin @amccobin

I would like to see you make a voluntary contribution of 5% of your family’s $200M net worth to the government for important healthcare, childcare, and jobs. Don’t worry, it’s just one-time. Your $10M contribution will provide free childcare for over 1,000 California kids for a year! Once you’ve made your personal contribution to a more just and equitable society, I’ll support all your other asset seizure ideas. But you gotta go first…

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Alexander McCobin @amccobin

4 days ago

@MattZirwas Great analysis. Thank you.

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Alexander McCobin @amccobin

4 days ago

@mcuban 🔥

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Mark Cuban @mcuban

5 days ago

What about all the entrepreneurs that risked everything and failed ? Or the ones that are grinding it out, trying to build a business ? You know, the ones that create more than 60 pct of the new jobs in this country. The more successful they are, the more you hate them? Take their money so they can't invest in other founders? Or invest in causes they believe in ? And the ones that fail and get to deduct 3k a year of their losses ? Or went for it and are broke and might never see enough income to offset those losses ? You don't care if they go broke ? 10 pct of the people in this country are entrepreneurs that have started a business. You ever try to help them ? There are plenty of discussions to be had about income inequality. About helping people who are struggling economically. I've talked about a lot of them in my timeline. But in reality, saying "Eat the rich" will end up helping no one except maybe politicians trying to raise money. And probably hurt those in need, as more money is spent playing politics then helping Wealth tax. Unearned income tax. Show me the multi year behavioral analysis, as opposed to simple models, that show more jobs, higher wages and personal wealth will be created for those who need it. I'd love to read them Ideology is not a strategy. Nor is it a plan that has lasting impact on people who need help And so you know. I'm not a believer in trickle down. It's a joke. I am a believer in trickle up. Where we do all we can get to get appreciable assets and higher wages into the hands of people who have to live paycheck to paycheck. I've said before I think raising the federal minimum wage to $20 is smart. When I heard people who worked for a company I invested in (but didn't run) needed government assistance, I made sure they all got raises. It was embarrassing to me that we didn't pay enough. I've made, or helped make, at least a thousand millionaires. And I'll keep working to increase that number And that's the point. The best path to help more people is to work with the people that can help more people. If you demonize business people , you just make it harder for them to help anyone. I'm not saying there aren't greedy, blood sucking business people that will do anything for a dollar. But they are a small minority. Most entrepreneurs realize they are blessed. They want to find ways to help. They think they can use the same skills that built their business to help people. And they can. They can hire more. They can give raises. They can educate. And they do all these things to help. I've sat with Democrats and Republicans, incumbents and candidates,and asked them why they aren't meeting with businesses that make and sell the products that have become unaffordable, and asking them what can be done to reduce prices. I do this continuously regarding healthcare. It's easy to see where the friction and increased pricing is coming from. Why (the politicians ) aren't you meeting with them and asking them to change ? Offering to support those that do raise wages, lower prices , improve benefits. Politicians just won't do it. They prefer the donations. I did shark tank for 15 years purely to show people they can start small, grow their businesses, and help not only themselves, but their employees and their communities as well. And thats exactly what has happened. Demonizing those that have success is counterproductive to every benefit you want to help bring to people.

Rob Waldeck @Robertwaldeck

5 days ago

@mcuban @grok That leaves so much wealth untaxable, forcing the regular people to pay more in taxes for a system that benefits billionaires. Meanwhile the founders live off loans collateralized on their stock.

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Alexander McCobin @amccobin

4 days ago

@typesfast 35 East 62nd Street - her last apartment where she hosted her Saturday socials.

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Alexander McCobin @amccobin

4 days ago

@OverReactor1776 🔥

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Alexander McCobin @amccobin

5 days ago

Maybe they should encourage break-ins then?

KTVU @KTVU

5 days ago

A decline in car break-ins across Oakland is being welcomed as a public safety win, but it is also contributing to a downturn for some local auto glass repair businesses. ktvu.com/news/auto-glas…

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Thomas Sowell Quotes @ThomasSowell

5 days ago

Charlie Munger: “If you're a pure socialist, you're a nutcase. An absolute nutcase. Not a modest nutcase, but a real nutcase. You can be a perfect nut with a high IQ."

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jay plemons @jayplemons

6 days ago

David Sacks just delivered an economics masterclass on Elon becoming the world’s first trillionaire. @davidsacks: “People see the headline and imagine Elon suddenly has a trillion dollars in the bank. That’s not how it works. His balance sheet didn’t change overnight.” Why? The real point is deeper. Wealth isn’t in the “stuff” we consume. Food, shelter, clothes. Things that depreciate and disappear. It’s in the machines that create stuff for decades: tools, workflows, and corporations. These are the true engines of human progress. “If you create a machine that makes more stuff, then there’s a discounted present value for all the stuff in the future that machine might create. That’s where the wealth comes from.” Elon started with nothing. An immigrant who slept on the floor building Zip2. He created these machines from vision and relentless effort. Thousands joined him, including a SpaceX welder who turned his labor into a million dollars in stock. That’s the magic of tech and free markets: labor can become capital. It’s fluid. The outrage misses this entirely. The people building machines that deliver medicines, energy, and abundance are creating lasting prosperity for everyone. What do you think? Does viewing wealth as future productivity change how you see stories like this?

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Alexander McCobin @amccobin

5 days ago

@AleResnik And become one of them.

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Alexander McCobin @amccobin

5 days ago

@jonnajarian Side with the makers.

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Alexander McCobin @amccobin

5 days ago

@theallinpod That’s the real division.

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The All-In Podcast @theallinpod

5 days ago

it’s makers vs takers

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Alexander McCobin @amccobin

5 days ago

@markpinc Hear, hear!

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Alexander McCobin @amccobin

5 days ago

@Kevin_Rutois Off to the freer states of Texas and Florida!

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Alexander McCobin @amccobin

5 days ago

@Codie_Sanchez It's worse than that: It's what happens when leaders just want to check the box and get by rather than figure out what's best for the company. So they just do what is "the norm".