Ed Borgato
@edborgato.bsky.social
Investor. Practitioner of the speculative arts. 𝚹-positive. No permanent opinions.
Reason, objectivity, and evidentiary argument are moral imperatives. Behave accordingly.
Member of the Finance Twitter diaspora.
Reason, objectivity, and evidentiary argument are moral imperatives. Behave accordingly.
Member of the Finance Twitter diaspora.
Pinned
Ed Borgato
@edborgato.bsky.social
· Nov 12
Never gloat; never brag.
The market gods are watching.
The market gods are watching.
I once ran into Charlie on the street in Pasadena, heading to the Wesco meeting. He tolerated my walking the final block with him. We chatted about Pasadena, and a little bit about the oddity of Wesco. He told me that it was likely to be the final Wesco meeting (it was).
www.wsj.com/finance/inve...
www.wsj.com/finance/inve...
Exclusive | The Untold Story of Charlie Munger’s Final Years
The Berkshire vice chair was making gutsy investments, forging unlikely friendships and facing new challenges to the end.
www.wsj.com
November 28, 2025 at 3:39 PM
I once ran into Charlie on the street in Pasadena, heading to the Wesco meeting. He tolerated my walking the final block with him. We chatted about Pasadena, and a little bit about the oddity of Wesco. He told me that it was likely to be the final Wesco meeting (it was).
www.wsj.com/finance/inve...
www.wsj.com/finance/inve...
Fintwit archive, 2018.
November 26, 2025 at 4:08 PM
Fintwit archive, 2018.
Fintwit archive, 2017.
November 25, 2025 at 5:46 PM
Fintwit archive, 2017.
Fintwit archive, 2016.
November 24, 2025 at 4:43 PM
Fintwit archive, 2016.
Fintwit archive, 2015.
November 20, 2025 at 6:40 PM
Fintwit archive, 2015.
Fintwit archive, 2013.
November 19, 2025 at 6:46 PM
Fintwit archive, 2013.
No matter what happens, the Epstein Files are going to wind up on the Mt. Rushmore of forever conspiracies, alongside the grassy knoll shooter, fake moon landing, Trilateral Commission, 9/11 Truthers, etc. Questions about what remains hidden and which files were destroyed will persist for years.
November 18, 2025 at 9:49 PM
No matter what happens, the Epstein Files are going to wind up on the Mt. Rushmore of forever conspiracies, alongside the grassy knoll shooter, fake moon landing, Trilateral Commission, 9/11 Truthers, etc. Questions about what remains hidden and which files were destroyed will persist for years.
Fintwit archive, 2019.
November 18, 2025 at 6:34 PM
Fintwit archive, 2019.
Seeing a trollish flame-thrower suddenly discover empathy when it is they who is under distress is pathetic and somewhat fascinating. One wonders whether their cognition makes contact w/ irony. It's the lowest EQ, shittiest character people who care about "a thing" only when it's happening to them.
November 17, 2025 at 10:53 PM
Seeing a trollish flame-thrower suddenly discover empathy when it is they who is under distress is pathetic and somewhat fascinating. One wonders whether their cognition makes contact w/ irony. It's the lowest EQ, shittiest character people who care about "a thing" only when it's happening to them.
Do not break the rules that hold a republic together, because one day you will need order.
And do not destroy the opponents who respect those rules, because one day you will miss them.
-- @timothysnyder.bsky.social
www.nytimes.com/interactive/...
And do not destroy the opponents who respect those rules, because one day you will miss them.
-- @timothysnyder.bsky.social
www.nytimes.com/interactive/...
60 Attorneys on the Year of Chaos Inside Trump’s Justice Department
Sixty former staffers describe an environment of suspicion and intimidation within the nation’s most powerful law enforcement agency.
www.nytimes.com
November 17, 2025 at 9:41 PM
Do not break the rules that hold a republic together, because one day you will need order.
And do not destroy the opponents who respect those rules, because one day you will miss them.
-- @timothysnyder.bsky.social
www.nytimes.com/interactive/...
And do not destroy the opponents who respect those rules, because one day you will miss them.
-- @timothysnyder.bsky.social
www.nytimes.com/interactive/...
Fintwit archive, 2017.
November 17, 2025 at 7:04 PM
Fintwit archive, 2017.
New on Berkshire 13F: 17.8 million shares of GOOGL.
November 14, 2025 at 9:19 PM
New on Berkshire 13F: 17.8 million shares of GOOGL.
Fintwit archive, 2018.
November 13, 2025 at 6:50 PM
Fintwit archive, 2018.
“Is there no virtue among us? If there be not, we are in a wretched situation.” — James Madison
November 12, 2025 at 8:50 PM
“Is there no virtue among us? If there be not, we are in a wretched situation.” — James Madison
Fintwit archive, 2015.
November 12, 2025 at 5:05 PM
Fintwit archive, 2015.
Fintwit archive, 2016.
November 11, 2025 at 4:59 PM
Fintwit archive, 2016.
Reposting for no particular reason.
November 10, 2025 at 8:25 PM
Reposting for no particular reason.
Fintwit archive, 2019.
November 10, 2025 at 6:56 PM
Fintwit archive, 2019.
Markel 5-year share count. Credit to management that buys back shares when they should, not just because they can.
November 6, 2025 at 8:50 PM
Markel 5-year share count. Credit to management that buys back shares when they should, not just because they can.
Fintwit archive, 2018.
I've been on a comp committee. Among other variables, the company's capacity to thrive without him (it was a him) was a significant part of measuring his performance. I'd be inclined to resign from a board where a CEO was essentially holding the company hostage for comp.
I've been on a comp committee. Among other variables, the company's capacity to thrive without him (it was a him) was a significant part of measuring his performance. I'd be inclined to resign from a board where a CEO was essentially holding the company hostage for comp.
November 6, 2025 at 7:09 PM
Fintwit archive, 2018.
I've been on a comp committee. Among other variables, the company's capacity to thrive without him (it was a him) was a significant part of measuring his performance. I'd be inclined to resign from a board where a CEO was essentially holding the company hostage for comp.
I've been on a comp committee. Among other variables, the company's capacity to thrive without him (it was a him) was a significant part of measuring his performance. I'd be inclined to resign from a board where a CEO was essentially holding the company hostage for comp.
I come from a law enforcement family. Just and professional law enforcement deserves respect. Masked men who won't ID themselves operating in paramilitary units, unaccountable to city/state government, ain't it.
Of course, this was going to start happening.
www.wired.com/story/fbi-wa...
Of course, this was going to start happening.
www.wired.com/story/fbi-wa...
FBI Warns of Criminals Posing as ICE, Urges Agents to ID Themselves
In a bulletin to law enforcement agencies, the FBI said criminal impersonators are exploiting ICE’s image and urged nationwide coordination to distinguish real operations from fakes.
www.wired.com
November 5, 2025 at 11:43 PM
I come from a law enforcement family. Just and professional law enforcement deserves respect. Masked men who won't ID themselves operating in paramilitary units, unaccountable to city/state government, ain't it.
Of course, this was going to start happening.
www.wired.com/story/fbi-wa...
Of course, this was going to start happening.
www.wired.com/story/fbi-wa...
Fintwit archive, 2015.
November 5, 2025 at 6:45 PM
Fintwit archive, 2015.
Not a fan of a CEO being defensive over stock action; it reads immature, even naive. Especially when snarking at shorts or negative punditry. Markets are gonna market. Manage the business, not the tape. Not every defensive CEO has something to hide, but every CEO w/ something to hide is defensive.
November 4, 2025 at 6:02 PM
Not a fan of a CEO being defensive over stock action; it reads immature, even naive. Especially when snarking at shorts or negative punditry. Markets are gonna market. Manage the business, not the tape. Not every defensive CEO has something to hide, but every CEO w/ something to hide is defensive.
"The market" in the last 3 months... cap vs equal weight:
October 29, 2025 at 8:11 PM
"The market" in the last 3 months... cap vs equal weight: