Head of News at Yahoo Finance. Occasional newsletterer. Dad x2. https://bsky.app/profile/mylesudland.bsky.socialhttps://bsky.app/profile/mylesudland.bsky.social/post/3mbgykxkz7s2jBuffett stepping aside at Berkshire Hathaway creates a much larger existential question for the financial media than it does for the company's shareholders https://www.cnbc.com/2026/01/02/warren-buffett-retirement-final-interview-berkshire-has-the-best-odds-of-lasting-a-century.html02 Jan 2026 13:24 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3mbgykxkz7s2jhttps://bsky.app/profile/mylesudland.bsky.social/post/3ma5c2x6tp22qPeople making $200k-$400k are identifying as middle class. And not in small numbers.16 Dec 2025 23:22 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3ma5c2x6tp22qhttps://bsky.app/profile/mylesudland.bsky.social/post/3m7pw6ykk3c2pTom Wolfe in 1998 explaining why, among other reasons, Time's 2025 Person of the Year feels so limp https://youtu.be/8tW9RNE0gyQ?si=P5Q1Y0eDzogAlz-0&t=23511 Dec 2025 15:45 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3m7pw6ykk3c2phttps://bsky.app/profile/mylesudland.bsky.social/post/3m73qgpt3kc2pCutting AI sales quotas is not what this market wants to hear, but there are also people management issues that emerge if you're going to punish the salesforce behind your AI products that are a bit too raw for the enterprise https://www.theinformation.com/articles/microsoft-lowers-ai-software-sales-quotas-customers-resist-newer-products?rc=nxphua03 Dec 2025 15:09 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3m73qgpt3kc2phttps://bsky.app/profile/mylesudland.bsky.social/post/3m6z4fet3js2qRaising a lot of private capital at ever-increasing valuations brings on board cultural challenges with your team that are at odds with why you're able to raise that money in the first place. And then you have to do things like declare a "code red" three weeks before Christmas.02 Dec 2025 14:05 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3m6z4fet3js2qhttps://bsky.app/profile/mylesudland.bsky.social/post/3m6x3hqsyfc2qBank of America published that 5000-year history of interest rates chart in their 2026 stock market outlook again. You don't need to post it.01 Dec 2025 18:43 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3m6x3hqsyfc2qhttps://bsky.app/profile/mylesudland.bsky.social/post/3m6wnl3udbc2qinteresting that real estate, ex-primary residence, only becomes a majority of the portfolio at the uber-rich level ($1B+) [contains quote post or other embedded content]01 Dec 2025 14:34 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3m6wnl3udbc2qhttps://bsky.app/profile/mylesudland.bsky.social/post/3m6wlvy46gs2qcalling my checking account a USD reserve now https://www.strategy.com/press/strategy-announces-establishment-of-1-44-billion-usd-reserve-and-updates-fy-2025-guidance_12-1-202501 Dec 2025 14:05 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3m6wlvy46gs2qhttps://bsky.app/profile/mylesudland.bsky.social/post/3lh5iok5c6s2rAll the election run-up talk about how deficits might start mattering to markets was focused on the spreadsheet math, but there are some plumbing-related ways this could quickly go sideways. [contains quote post or other embedded content]01 Feb 2025 21:51 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lh5iok5c6s2rhttps://bsky.app/profile/mylesudland.bsky.social/post/3lgqejx6c6c26Lotta green on the screen for a Nasdaq down 3% kind of day27 Jan 2025 16:32 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lgqejx6c6c26https://bsky.app/profile/mylesudland.bsky.social/post/3lgntgud4ak2qNice chart from @joshschafer.bsky.social in here. There’s the headline read that Mag7 earnings will converge with S&P 493 this year. Alternatively: Wall St still thinks Mag7 earnings growth will reaccelerate in the second half of the year. https://finance.yahoo.com/news/big-tech-earnings-a-key-fed-meeting-and-trumps-first-full-week-in-office-what-to-know-this-week-123505201.html26 Jan 2025 16:21 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lgntgud4ak2qhttps://bsky.app/profile/mylesudland.bsky.social/post/3lgioah6uk227Labor data is generally still hanging in, but the vibes continue to deteriorate. "Despite reporting stronger incomes this month, concerns about unemployment rose; about 47% of consumers expect unemployment to rise in the year ahead, the highest since the pandemic recession." www.sca.isr.umich.edu http://www.sca.isr.umich.edu/24 Jan 2025 15:04 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lgioah6uk227https://bsky.app/profile/mylesudland.bsky.social/post/3lggupnbbkc2sThere is a drudgery in completing the tasks of a normal adult life an AI agent only adds to [contains quote post or other embedded content]23 Jan 2025 21:55 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lggupnbbkc2shttps://bsky.app/profile/mylesudland.bsky.social/post/3lgefqw3ans2yHotspot for AI content being sued for allegedly selling content to train AI models. https://finance.yahoo.com/news/microsofts-linkedin-sued-disclosing-customer-162806181.html22 Jan 2025 22:22 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lgefqw3ans2yhttps://bsky.app/profile/mylesudland.bsky.social/post/3lgdonlhnpk2y"On the more negative side, funding these data centers with debt — as opposed to MSFT funding data centers with profits — is definitely a bubble indicator... it will be interesting to see who wants to be in the business of loaning against rapidly depreciating GPUs." https://stratechery.com/2025/stargate-the-end-of-microsoft-and-openai/22 Jan 2025 15:29 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lgdonlhnpk2yhttps://bsky.app/profile/mylesudland.bsky.social/post/3lgdigpdkjk2yThis is fun, from @ljkawa.bsky.social22 Jan 2025 13:37 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lgdigpdkjk2yhttps://bsky.app/profile/mylesudland.bsky.social/post/3lg2vyn6x222pThere’s just not a lot about the Trump experience that makes me think he enjoys someone else telling their followers what he’s planning on doing.19 Jan 2025 03:46 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lg2vyn6x222phttps://bsky.app/profile/mylesudland.bsky.social/post/3lfufnhd6fc2rThe amount of information I can access at all times via a device in my pocket has been too much since 2009. [contains quote post or other embedded content]16 Jan 2025 13:37 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lfufnhd6fc2rhttps://bsky.app/profile/mylesudland.bsky.social/post/3lfs2dpn5as24On the one hand, sure, skills are good. Gotta have em. On the other hand, the whole point of going to Harvard is that there's value in simply saying you went there! You cannot reverse this pitch after the fact! https://www.wsj.com/lifestyle/careers/harvard-mba-employment-rate-job-hunt-difficulty-addfc3ec?mod=wknd_pos115 Jan 2025 15:10 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lfs2dpn5as24https://bsky.app/profile/mylesudland.bsky.social/post/3lfpde526gs2eJack Daniel's and Woodford Reserve-maker Brown-Forman laying off 12% of staff, closing Louisville-based barrel making factory. Millennials with beards and flannels have moved on. https://finance.yahoo.com/news/brown-forman-announces-series-strategic-131000602.html14 Jan 2025 13:13 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lfpde526gs2ehttps://bsky.app/profile/mylesudland.bsky.social/post/3lficyi4stk2xJPMorgan has internal webpages where employees can comment on new company policies [contains quote post or other embedded content]11 Jan 2025 18:18 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lficyi4stk2xhttps://bsky.app/profile/mylesudland.bsky.social/post/3lfasopma2c2bWhen I was younger, I would've scoffed at the notion a 50% drop in a stock reflected an efficient market. Now, I think the opposite. https://finance.yahoo.com/news/rigetti-ionq-stocks-plunge-after-nvidia-ceo-says-useful-quantum-computing-is-decades-away-174222136.html08 Jan 2025 18:38 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lfasopma2c2bhttps://bsky.app/profile/mylesudland.bsky.social/post/3lf5wkbu5ks2bUS labor market is in a really interesting place right now [contains quote post or other embedded content]07 Jan 2025 15:09 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lf5wkbu5ks2bhttps://bsky.app/profile/mylesudland.bsky.social/post/3lf5mdu2gn22bGreat outline of today's mega-concentrated stock market from @robinwigglesworth.bsky.social, with some stats that look dicey and other arguments that make the situation seem more copacetic. on.ft.com/3W8PYzk07 Jan 2025 12:06 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lf5mdu2gn22bhttps://bsky.app/profile/mylesudland.bsky.social/post/3lf3agfufns2bMarc Rowan: "In the US, we have between $12tn and $13tn in 401k plans. What are they invested in? They are invested in daily liquid index funds, mostly the S&P 500, for 50 years. Why? We don’t know." on.ft.com/3DMzfMg https://on.ft.com/3DMzfMg06 Jan 2025 13:27 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lf3agfufns2bhttps://bsky.app/profile/mylesudland.bsky.social/post/3lf34txgink2690s nostalgia is tough for peak millennials, because whereas other instances of "it was better back when" will be wrong in the usual ways, our elementary school years actually were that good. Or so they say. [contains quote post or other embedded content]06 Jan 2025 12:23 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lf34txgink26https://bsky.app/profile/mylesudland.bsky.social/post/3lemwz5wfvs2pGreat quarter, guys!31 Dec 2024 21:02 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3lemwz5wfvs2phttps://bsky.app/profile/mylesudland.bsky.social/post/3ldybqjyzk22oThis has shown up in plenty of pockets of the market already but still seems that “not 2017” is the biggest 2025 risk [contains quote post or other embedded content]23 Dec 2024 15:48 +0000at://did:plc:l4wojmpfaszag4fbrhtsg46p/app.bsky.feed.post/3ldybqjyzk22o