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Liam George

@liamgeorge99.bsky.social
276 followers 244 following 495 posts

Driven by strategy, growth, and the belief that consistency wins. 📈 Business • 💼 Leadership • 🌍 Vision

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Liam George @liamgeorge99.bsky.social · 12/12/2025
The world's richest man has several routes to possibly becoming the world's first trillionaire bloomberg.com/news/article... Depends on two things: will the US continue to subsidize space travel? Second, tiny stock floats are unreliable for indicating value.
bloomberg.com
Musk’s Fortune Would More Than Double on $1.5 Trillion SpaceX
The richest man in the world could more than double his $460.6 billion fortune if SpaceX succeeds in going public next year at a valuation of $1.5 trillion.
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Liam George @liamgeorge99.bsky.social · 12/12/2025
Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price bloomberg.com/news/article... Trading spoiled sardine tins, passing them off as being valuable.
bloomberg.com
Crypto’s Retail Traders Hit Hard as Strategy ETFs Plunge 80%
Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.
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Liam George @liamgeorge99.bsky.social · 12/12/2025
At a November Oval Office meeting, Nvidia CEO Jensen Huang gave President Trump an ominous message: A patchwork of AI laws in states such as California threatened tech development in the U.S. wsj.com/tech/ai/the-... AI is not popular with many Republicans.
wsj.com
The Silicon Valley Campaign to Win Trump Over on AI Regulation
The debate marks a major flashpoint in Republican politics, stoking tension that could shape the party’s approach to AI in the midterm elections.
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Liam George @liamgeorge99.bsky.social · 12/12/2025
Startups and venture capital are joining the nationwide push to develop new sources of metals the U.S. desperately needs wsj.com/business/sil... This is harder tha
wsj.com
Silicon Valley Is Racing to Make Critical Minerals—and Blunt China’s Dominance
Startups and venture capital are joining the nationwide push to develop new sources of metals the U.S. desperately needs.
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Liam George @liamgeorge99.bsky.social · 28/11/2025
SEC weighs looser independence rules for Big Four auditors ft.com/content/15ab... A better solution would be to tell companies not to use firms that do auditing as consultants.
ft.com
SEC weighs looser independence rules for Big Four auditors
US regulator says current interpretation limits choice for technology companies
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Liam George @liamgeorge99.bsky.social · 28/11/2025
The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets wsj.com/economy/cent... The Fed should not interfere in private markets. Set the FF rate, stop doing QE/QT, & begone.
wsj.com
The Fed’s Tool for Calming Short-Term Funding Markets Is Being Tested
Some banks have been concerned about the appearance of using the standing repo facility, despite the Fed’s assurances.
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Liam George @liamgeorge99.bsky.social · 28/11/2025
Tether gets junked by S&P ft.com/content/086f... Reserves should be invested safely. Excess capital -- do what you want. But that is not what Tether is doing.
ft.com
Tether gets junked by S&P
Collateral damaged
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Liam George @liamgeorge99.bsky.social · 24/11/2025
The recent boom in stablecoins requires close monitoring, even if financial stability risks appear limited for now, the European Central Bank said bloomberg.com/news/article... Beware money laundering, stablecoin solvency, & banks needing to replace lost float.
bloomberg.com
Stablecoin Boom Requires Close Monitoring of Risks, ECB Says
The recent boom in stablecoins requires close monitoring, even if financial stability risks appear limited for now, the European Central Bank said.
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Liam George @liamgeorge99.bsky.social · 24/11/2025
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for four years with no signs of abating. Here's why bloomberg.com/news/article... Communists are notably bad at dealing w/finance. That's why they can't deal w/the bubbles they made.
bloomberg.com
Why China Can’t Sort Out Its Property Market Mess
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for four years with no signs of abating. Real estate values continue to plummet, households in f...
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Liam George @liamgeorge99.bsky.social · 24/11/2025
The $15 million deal seemed like a low-risk way for Marriott to add 9,000 rooms to its portfolio. It ended with thousands of guests kicked out. wsj.com/business/hos... A messy ending to a badly-run business $MAR
wsj.com
Inside Marriott’s Disastrous Bet on Short-Term Rental Company Sonder
Investment in Sonder added rooms, but apartment-rental company collapsed under high-cost leases. ‘Everything kind of went straight downhill,’ said one manager.
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Liam George @liamgeorge99.bsky.social · 24/11/2025
Kash Patel’s Acts of Service (The FBI director isn’t just enforcing the President’s agenda at the Bureau—he’s seeking retribution for its past investigations of Donald Trump.) newyorker.com/magazine/202... I'm no great fan of bureaucracy, but when we have it, it should be neutral.
newyorker.com
Kash Patel’s Acts of Service
The F.B.I. director isn’t just enforcing the President’s agenda at the Bureau—he’s seeking retribution for its past investigations of Donald Trump.
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Liam George @liamgeorge99.bsky.social · 24/11/2025
The cracks in Poland's economic boom are starting to show bloomberg.com/news/feature... Seemingly, it is job loss from divisions of foreign companies due to AI.
bloomberg.com
AI Threatens to Spoil Poland’s $1 Trillion Economic Party
Krakow became a hub for business services jobs, driving salaries to the highest in Poland. Now the city is learning to live with artificial intelligence.
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Liam George @liamgeorge99.bsky.social · 23/11/2025
Bond Markets Have Europe’s Biggest Economies in a Bind. Why It’s a Warning for Trump. barrons.com/articles/bon... Fear the 1840s, where overly indebted governments faced revolutions.
barrons.com
Bond Markets Have Europe’s Biggest Economies in a Bind. Why It’s a Warning for Trump.
The U.K. government has been struggling to plug a fiscal hole, shying away from both tax hikes and spending cuts.
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Liam George @liamgeorge99.bsky.social · 23/11/2025
PHL’s $2.2 Billion Hole Exposes Private Equity’s Life Insurance Risk bloomberg.com/features/202... End captive reinsurers. Enforce mirror reserving. Expand guarantee limits. Require assets be rated by Moody's, S&P, or Fitch. Disallow insurers to be owned by corporations.
bloomberg.com
When Wall Street’s Insurance Playbook Goes Wrong
Almost a decade after a private equity firm began reshaping a struggling life insurer, authorities are grappling with a $2.2 billion shortfall. Policyholders fear life-changing losses.
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Liam George @liamgeorge99.bsky.social · 20/11/2025
A new minimum requirement for MBAs seeking a consulting gig: AI proficiency bloomberg.com/news/article... Automate as much as you can, and you might get or save your job.
bloomberg.com
The New Requirement for MBAs Seeking Consulting Jobs: AI Proficiency
Rather than posing an existential threat, the technology is reinforcing the importance of judgment and emotional intelligence.
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Liam George @liamgeorge99.bsky.social · 19/11/2025
Total Portfolio Approach’ Is Shaking Up How Trillions Get Managed advisorperspectives.com/articles/202... There's less to this than meets the eye. Few investors have the skill to be great Tactical Asset Allocators. This just sounds faddish.
advisorperspectives.com
‘Total Portfolio Approach’ Is Shaking Up How Trillions Get Managed
For decades, these institutional allocators took roughly the same approach to managing the vast piles of cash under their control: They diversified by divvying up the money across asset classes — for ...
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Liam George @liamgeorge99.bsky.social · 19/11/2025
America’s major sports leagues have started to try to limit action on the sorts of bets most vulnerable to manipulation. That’s trickier than it may seem. wsj.com/sports/prop-... Prop bets are popular, but typically lose. Parlay bets are even worse. Gambling should be illegal.
wsj.com
Prop Bets Are Scandal Magnets for Sports Leagues. They’re Also Serious Moneymakers.
America’s major sports leagues have started to try to limit action on the sorts of bets most vulnerable to manipulation. That’s trickier than it may seem.
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Liam George @liamgeorge99.bsky.social · 19/11/2025
Private credit pushing reinsurers into riskier business, industry warns ft.com/content/057b... Avoid investing in P&C (re)insurers that use MGAs. The underwriting is not thorough.
ft.com
Private credit pushing reinsurers into riskier business, industry warns
Regulatory gaps mean firms can have ‘much more leverage and a different investment appetite’, reinsurance boss says
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Liam George @liamgeorge99.bsky.social · 18/11/2025
America’s major sports leagues have started to try to limit action on the sorts of bets most vulnerable to manipulation. That’s trickier than it may seem. wsj.com/sports/prop-... Prop bets are popular, but typically lose. Parlay bets are even worse. Gambling should be illegal.
wsj.com
Prop Bets Are Scandal Magnets for Sports Leagues. They’re Also Serious Moneymakers.
America’s major sports leagues have started to try to limit action on the sorts of bets most vulnerable to manipulation. That’s trickier than it may seem.
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Liam George @liamgeorge99.bsky.social · 18/11/2025
Credit investment firm Diameter has raised $4.5 billion for its latest fund aiming to seize on market dislocations bloomberg.com/news/article... Too many predators. Not enough prey.
bloomberg.com
Diameter Raises $4.5 Billion Credit Fund Betting on Dislocation
Credit investment firm Diameter Capital Partners has raised $4.5 billion for its latest fund aiming to seize on market dislocations.
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Liam George @liamgeorge99.bsky.social · 18/11/2025
Americans are leaving behind more of their 401(k) savings as they switch jobs, sometimes without realizing it wsj.com/personal-fin... You are your own best defender.
wsj.com
Forgotten 401(k) Accounts Are Costing Americans Billions in Lost Investment Gains
As workers change jobs, more retirement accounts are being left behind.
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Liam George @liamgeorge99.bsky.social · 18/11/2025
Americans are leaving behind more of their 401(k) savings as they switch jobs, sometimes without realizing it wsj.com/personal-fin... You are your own best defender.
wsj.com
Forgotten 401(k) Accounts Are Costing Americans Billions in Lost Investment Gains
As workers change jobs, more retirement accounts are being left behind.
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Liam George @liamgeorge99.bsky.social · 18/11/2025
Private credit pushing reinsurers into riskier business, industry warns ft.com/content/057b... Avoid investing in P&C (re)insurers that use MGAs. The underwriting is not thorough.
ft.com
Private credit pushing reinsurers into riskier business, industry warns
Regulatory gaps mean firms can have ‘much more leverage and a different investment appetite’, reinsurance boss says
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Liam George @liamgeorge99.bsky.social · 15/11/2025
Total Portfolio Approach’ Is Shaking Up How Trillions Get Managed advisorperspectives.com/articles/202... There's less to this than meets the eye. Few investors have the skill to be great Tactical Asset Allocators. This just sounds faddish.
advisorperspectives.com
‘Total Portfolio Approach’ Is Shaking Up How Trillions Get Managed
For decades, these institutional allocators took roughly the same approach to managing the vast piles of cash under their control: They diversified by divvying up the money across asset classes — for ...
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Liam George @liamgeorge99.bsky.social · 14/11/2025
President Donald Trump downplayed criticism of the potential creation of a 50-year mortgage product, saying it would help more Americans afford monthly payments on homes bloomberg.com/news/article... Trump, the apostle of over-indebtedness. Very dumb idea.
bloomberg.com
Trump Defends 50-Year Mortgage Plan, Calling it ‘Not a Big Deal’
President Donald Trump downplayed criticism of the potential creation of a 50-year mortgage product, saying it would help more Americans afford monthly payments on homes.
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Liam George @liamgeorge99.bsky.social · 14/11/2025
Some U.S. life insurers are parking more than half the fixed-income assets they need to fund policies and annuities in hard-to-trade private credit, according to new research by Moody’s Ratings wsj.com/finance/inve... This will not end well.
wsj.com
Exclusive | U.S. Insurers Are Binging on Private Credit, Moody’s Says
A handful of insurers are buying much of the investments, which are hard to trade and have relatively low credit ratings.
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Liam George @liamgeorge99.bsky.social · 12/11/2025
A Two-Headed Coin That Always Comes Up ‘Trump’ nytimes.com/2025/11/09/u... Egotistical
nytimes.com
A Two-Headed Coin That Always Comes Up ‘Trump’
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Liam George @liamgeorge99.bsky.social · 12/11/2025
If Trump wants 50-year mortgages, is he willing to issue 50-year Treasuries? I am willing to make a "bet" here. 50-year Treasuries will have a lower yield than 30-year Treasuries because the 50s will have far higher convexity then the 30s. Also, life insurers will eat them up.
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Liam George @liamgeorge99.bsky.social · 12/11/2025
Homeschooling is always superior to public schools, even in rich school districts like Howard County, MD. Tutoring is the best way to educate, plus unlike the public schools, you can eliminate bad pedagogy like non-phonics & the new new math. Teaching colleges have dopey ideas.
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Liam George @liamgeorge99.bsky.social · 12/11/2025
A group of Wall Street banks are considering bringing in private credit firms on a portion of a $12.25 billion debt financing to support Blackstone and TPG’s acquisition of medical device-maker Hologic bloomberg.com/news/article... Beware second liens
bloomberg.com
Wall Street Banks Weigh Tapping Private Credit on Hologic $12 Billion Debt Deal
A group of Wall Street banks are considering bringing in private credit firms on a portion of a $12.25 billion debt financing to support Blackstone Inc. and TPG Inc.’s acquisition of medical device-ma...
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Liam George @liamgeorge99.bsky.social · 12/11/2025
Another faintly plausible explanation is that this episode demonstrates that President Donald Trump and the Republicans have great power at present, and are blessed with unimpressive opponents. bloomberg.com/opinion/news... Well said regarding the "unimpressive opponents."
bloomberg.com
End the Shutdown, Buy the Dip
Democrats are trying to figure out what went wrong. Asset prices never cared.
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Liam George @liamgeorge99.bsky.social · 12/11/2025
President Donald Trump downplayed criticism of the potential creation of a 50-year mortgage product, saying it would help more Americans afford monthly payments on homes bloomberg.com/news/article... Trump, the apostle of over-indebtedness. Very dumb idea.
bloomberg.com
Trump Defends 50-Year Mortgage Plan, Calling it ‘Not a Big Deal’
President Donald Trump downplayed criticism of the potential creation of a 50-year mortgage product, saying it would help more Americans afford monthly payments on homes.
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Liam George @liamgeorge99.bsky.social · 12/11/2025
Breaking down the settlement between Visa, Mastercard and U.S. merchants that could usher in a new era of tiered pricing at the register, depending on which credit card you use wsj.com/personal-fin... Retailers shouldn't want people to think too hard on how to pay.
wsj.com
Using Your Credit Card at the Checkout Is Set to Get a Lot More Complicated
A settlement between Visa, Mastercard and merchants could usher in a new era of tiered pricing at the register.
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Liam George @liamgeorge99.bsky.social · 10/11/2025
Democrats are seizing on rising costs to turn Trump’s economic message against him — and it’s working. bloomberg.com/news/article... It's my personal economics, stupid!
bloomberg.com
American Politics Is All About Affordability Now
Democrats are seizing on rising costs to turn Donald Trump’s campaign messaging against him — and it’s working.
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Liam George @liamgeorge99.bsky.social · 10/11/2025
It’s Not Just Mamdani. Big Brother Is Coming for the Stock Market. barrons.com/articles/its... Killing the goose that lays the golden eggs.
barrons.com
It’s Not Just Mamdani. Big Brother Is Coming for the Stock Market.
Though the immediate impact of Mamdani’s win is limited, the signal it sends is not. Americans are increasingly comfortable voting for heavy-handed government.
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Liam George @liamgeorge99.bsky.social · 08/11/2025
The fight to restore Chicago’s Magnificent Mile to its glory days wsj.com/real-estate/... It's tough. With Chicago finances so strained due to borrowing and underfunding pensions, how are they going to make downtown shopping safe?
wsj.com
The Fight to Restore Chicago’s Magnificent Mile to Its Glory Days
The area’s crime rate is down, and cheaper rents have prompted retailers to lease new space.
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Liam George @liamgeorge99.bsky.social · 08/11/2025
A debate over the health of private credit has buffeted shares of some of its biggest players over the past month, but there are signs their attempts to defend themselves might be paying off wsj.com/finance/priv... Who is going to criticize their own efforts?
wsj.com
Private-Credit Earnings Ease Investor Concern Over Asset Class’s Health
Apollo CEO Marc Rowan addressed issues that have had investors on edge.
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Liam George @liamgeorge99.bsky.social · 07/11/2025
These ETFs Had One Job. They Didn’t Do It, Costing Traders Billions morningstar.com/funds/these-... We should make levered single stock ETFs illegal. You want leverage? Use margin, or buy an option. Not a good idea, but more likely to succeed.
morningstar.com
These ETFs Had One Job. They Didn’t Do It, Costing Traders Billions
Leveraged single-stock ETFs don’t even work as advertised over a single day.
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Liam George @liamgeorge99.bsky.social · 07/11/2025
Private equity must be willing to sell more assets even if the prices available aren't that attractive, argues @PaulJDavies bloomberg.com/opinion/arti... On net, this is good news. Economic rationality prevails. Liquidity at a price.
bloomberg.com
Private Equity Must Sell More Assets — at Whatever Price
The rebirth of private equity dealmaking has been supposedly just around the corner for well over a year. But even as investment bankers cheer a rush of mergers & acquisitions and the reopening of...
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Liam George @liamgeorge99.bsky.social · 07/11/2025
US President Donald Trump has threatened to take military action against Nigeria unless its government moves to stop what he called the killing of “very large numbers” of Christians by jihadists. Here's what to know. bloomberg.com/news/article... Great claims require great proof
bloomberg.com
Why Is Trump Threatening Military Action in Nigeria?
US President Donald Trump has threatened to freeze aid to Nigeria and take military action unless its government stops what he’s called the killing of “very large numbers” of Christians by jihadists.
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Liam George @liamgeorge99.bsky.social · 06/11/2025
Criminals use high-tech voice-cloning software to scam people out of money. @juliejargon offers a low-tech solution: a family code word wsj.com/tech/persona... Worth considering
wsj.com
Why Every Family Needs a Code Word
Authenticating the voice on the other end of the line is critical in an age of deepfakes.
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Liam George @liamgeorge99.bsky.social · 06/11/2025
MarketAxess Holdings is seeking to bring a feature of fast-twitch equity markets to the relatively sedate $9 trillion universe of corporate bonds: the daily closing auction. bloomberg.com/news/article... Does not sound like a winner. Liquid bonds don't need an auction.
bloomberg.com
Corporate Bond World Set to Get Its First Daily Closing Auction
MarketAxess Holdings Inc. is seeking to bring a feature of fast-twitch equity markets to the relatively sedate $9 trillion universe of corporate bonds: the daily closing auction.
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Liam George @liamgeorge99.bsky.social · 05/11/2025
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes bloomberg.com/news/article... "The focus is mainly on what’s called bad PIK — the kind added during the life of the loan to ease cash-flow pressure, as opposed to the type included in a borrower’s original debt package."
bloomberg.com
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets.
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Liam George @liamgeorge99.bsky.social · 05/11/2025
or a few manic hours on Friday, the world of digital assets — billed by proponents as the future of finance — replayed Wall Street’s oldest reflex at machine speed during market stress: a stampede for the exits bloomberg.com/news/article... Another reason not to invest in crypto.
bloomberg.com
Crypto’s Biggest Crash Reveals a Market Littered With Pitfalls
For a few manic hours on Friday, the world of digital assets — billed by proponents as the future of finance — replayed Wall Street’s oldest reflex at machine speed during market stress: a stampede fo...
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Liam George @liamgeorge99.bsky.social · 05/11/2025
The median US first-time homebuyer is now 40 years old, up from 33 in 2021, thanks to soaring prices and high mortgage rates. bloomberg.com/news/article... Blame zoning and easy monetary policy.
bloomberg.com
Affordability Woes Push US Median First-Time Homebuyer Age to 40
The median age of first-time homebuyers in the US has climbed to a record of 40 as soaring prices and mortgage rates over the last few years delay homeownership for millions of Americans.
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Liam George @liamgeorge99.bsky.social · 04/11/2025
Research into the dot-com boom-and-bust has lessons for how the stock market will handle the AI revolution, @foxjust says bloomberg.com/opinion/arti... Jim Cramer once said something like: Once a growth stock has positive earnings, it runs into trouble as people price the growth limits
bloomberg.com
This Is How the AI Stock Boom Plays Out
In the years after the internet stock boom-and-bust of the late 1990s and early 2000s, financial economists searched for more satisfying explanations of what had happened than “investors went crazy.” ...
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Liam George @liamgeorge99.bsky.social · 04/11/2025
Ask Rick Woldenberg why he’s challenging Trump’s tariffs at the Supreme Court, and he might mention his company's furry unicorn yoga ball. The toy has been hit especially hard by the levies bloomberg.com/news/feature... Here's to the tariffs getting eliminated.
bloomberg.com
Trump Battles Tiny Toymaker Over Tariffs in Landmark Supreme Court Case
A Chicago-area toy company is among the businesses arguing to the justices this week that most of the president’s tariffs should be struck down.
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Liam George @liamgeorge99.bsky.social · 04/11/2025
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes bloomberg.com/news/article... "The focus is mainly on what’s called bad PIK — the kind added during the life of the loan to ease cash-flow pressure, as opposed to the type included in a borrower’s original debt package.
bloomberg.com
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets.
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Liam George @liamgeorge99.bsky.social · 04/11/2025
Don’t mess with the Fed ft.com/content/497d... The Fed is supposed to lead bank supervision. They've never been that good at it. Reducing examiners is probably a negative, but perhaps there is some paperwork that could be reduced without harm.
ft.com
Don’t mess with the Fed
Careful with that chainsaw
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Liam George @liamgeorge99.bsky.social · 03/11/2025
The U.S. Is on Track to Lose a War With China (Modern warfare is decided by production capacity and technological mastery, not by individual valor) theatlantic.com/ideas/archiv... Post-Reagan, US military strategy has not been smart. We need a better Secretary of Defense.
theatlantic.com
The U.S. Is on Track to Lose a War With China
Modern warfare is decided by production capacity and technological mastery, not by individual valor.
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