Matt Levine

FTX Does Some Effective Altruism Also private credit liquidity, 10b5-1 abuse, Thinking Machines and Musk vs. O’Leary.

I wrote this newsletter in order to enhance my own personal reputation and line the pockets of my acquaintances. www.bloomberg.com/opinion/news...

Moonshot Pay Kind of Works Also the Bleebzorx Network, alleged takeover tricks, securitization rules and robot collusion.

I will bombard readers with an endless stream of burdensome and often irrelevant requests under the guise of conducting a newsletter. www.bloomberg.com/opinion/news...

Memecoin Venture Capital $GAS Bags, 24/7 trading, LinkedIn ghosts and GLP-1s.

If someone can turn down a cookie, they can turn down the delicious satisfaction of reading this newsletter, too. www.bloomberg.com/opinion/news...

Stablecoin Narrow Banking Stablecoin interest, covenant-lite private credit, a MrBeast DAT pivot and AI data centers are securities fraud.

Money Stuff, in our view, is the leading content creator of our generation, with a reach and engagement unmatched with GenZ, GenAlpha and Millennials. www.bloomberg.com/opinion/news...

Wall Street Wants Predictors Also stock buyback bans and memecoin rug pulls.

This seems to be pretty obviously just another celebrity newsletter, which doesn’t really have any long-term value and just exists as a way to rinse retail traders. www.bloomberg.com/opinion/news...

Paramount Wants to Warner to Show Its Work Also Medicare Advantage, Captain Condor and congressional trading.

This newsletter is a battlefield, right? You have to be like a soldier on the front line, and you need to have mental fortitude. www.bloomberg.com/opinion/news...

MoviePass Is Back With Betting Also a DAT SPAC, bomb bets and mispriced parlays.

Taken together, the various areas of concern speak to questions as to why Money Stuff has chosen to pursue a newsletter strategy, given the shift in sentiment around the structure, and a broader lack of clear rationale for the structure in the first place. www.bloomberg.com/opinion/news...

The AI Will Vote the Shares Proxy IQ, on-cycle recruiting, First Brands, Warner Bros. and German dentists.

dude..whoever wrote this newsletter is [Money Stuff] employee of the century www.bloomberg.com/opinion/news...

Predict Your House Price Also Crystallex/Citgo, the revenge of the banks and the Pod Shop Game.

It’s in my interest to convince you that this newsletter is going to be an enormous social good. www.bloomberg.com/opinion/news...

Everybody Wants Some AI Debt Private credit liquidity, Tesla pay, keeping the simulation interesting, Venezuela bets, Hunterbrook and corporate rap.

If you apply Darwin to newsletter theory then only the most interesting newsletters will continue. www.bloomberg.com/opinion/news...

Trump Media Discovers Nuclear Fusion Also Tricolor, First Brands, vending machines and holiday videos.

It’s astonishing that this newsletter went on for years and only came to light because someone made a dumb mistake. www.bloomberg.com/opinion/news...

Warner Doesn’t Trust Paramount Revocable trusts, ESG side letters, IPO lockups, Destiny and doing deals over the holidays.

I’ve missed Christmas Eve and New Year’s and the Fourth of July holidays for newsletters a lot smaller than this. This is as good as it gets for newsletter writers. www.bloomberg.com/opinion/news...

Fake Trading Is Hard Work Prop trading, non-bank lending, IPO pricing, crypto treasury and Epstein’s wealth.

When you have a bad streak it’s very easy to think, ‘I’ll just send one more newsletter.’ www.bloomberg.com/opinion/news...

The Video of Dumb Investment South Korean retail investors, insider predicting, vesting cliffs, quant secrecy and crashing recruiting events.

This newsletter is one of the most intense lifestyles out there. www.bloomberg.com/opinion/news...

A Stock Price Is Not a Prediction Also Architects of AI, debanking risk, dentists on the investment committee and fistfights with regulators.

This newsletter's readership consists of practicing dentists rather than financial professionals. www.bloomberg.com/opinion/news...

The Warner Deal Will Take a While Also M&A AI data, trillion-dollar IPOs and good TV is bad for stocks.

This newsletter significantly declines on the day following the release of popular late-night shows. www.bloomberg.com/opinion/news...

A Bidding War for Warner Bros. Also the SEC shutdown, the CFPB pause and the DAT collapse.

I have abandoned the semblance and reality of a fair newsletter process, thereby abdicating my duties to readers. www.bloomberg.com/opinion/news...

Buy Low, Sell to Yourself Continuation funds, Amazon drivers, a narrow bank, Trump accounts, crypto gambling and PDT puzzles.

This newsletter is being re-wired to be internet native, 24/7/365 and global. www.bloomberg.com/opinion/news...

Can the Lenders Stick Together? Cooperation agreements, stock borrow costs, Midnight Madness and Spotify Wrapped.

Really good newsletters are really good at separating the signal and the noise. www.bloomberg.com/opinion/news...

AI Can Steal Crypto Now Also Strategy, co-invests, repo haircuts and map manipulation.

This newsletter marks the next step in our evolution, and we believe it will better position us to navigate short-term market volatility while delivering on our vision of being the world’s leading issuer of Money Stuff. www.bloomberg.com/opinion/news...

OpenAI Will Own Some Users Thrive Holdings, portable toilets, OBR URL guessing, cat bond incentives, buffer ETFs and bioengineered meat.

I don’t read Money Stuff newsletters barely anymore. It’s not healthy now that I know what the ...'s in it. www.bloomberg.com/opinion/news...

Take the Crypto Out of the Indexes MSCI, sports betting contagion, sports hedging, bad passwords are not securities fraud, Napster and Grok.

This newsletter is a convergence of entertainment and speculative finance. www.bloomberg.com/opinion/news...

Leave the Gold in the Ground Yap money stones, consultation fees, Morgan Stanley vendors, crypto-to-GSE contagion and the Epstein files.

I thought of you when I read this newsletter. Was this your idea? www.bloomberg.com/opinion/news...

Predict the Sneakers Abstract sneaker space, generalized legal fees, disappointing carry and Crooked Beverage.

We’re excited about our digital future — a future harnessed by newsletter products that empower the creator economy; and a future where Money Stuff unlocks marketplace efficiencies and new experiences for our global community. www.bloomberg.com/opinion/news...

This is really a natural evolution of a newsletter made from stock market mechanics. www.bloomberg.com/opinion/news...

The SEC Opposes Shareholder Proposals Also the Fannie/Freddie trade, the least rational investors, meme-stock numbers and Birkin warehouse receipts.

It is certainly possible that I arrived at this newsletter for some innocuous reason. www.bloomberg.com/opinion/news...

Private Markets Are the New Securities Fraud Also weather models, tariff refunds, Birkin correlation, robot delivery drivers and Sealed Air.

This newsletter loves the fashion girlies and tries to inject a little bit of fun into the boring private equity and hedge fund worlds. www.bloomberg.com/opinion/news...

The Ultrarich Are Spending a Fortune to Live in Extreme Privacy In Miami and elsewhere, the wealthy are moving in increasingly private spheres, shelling out big money to bypass the indignities of public life.

i am not convinced that a current cast member of the real housewives of miami is "spending a fortune to live in extreme privacy." www.wsj.com/lifestyle/tr...

Blackstone Is for Everyone Also proxy adviser antitrust, multiverse shareholder voting, how to get very rich, Robinhood bags of cash and Sealed Air.

Some readers lamented that the swagger was gone and that this newsletter felt akin to being in a factory or flipping burgers in a line. www.bloomberg.com/opinion/news...

How Should Shareholders Vote? Proxy advisers, total portfolio approach, cat bonds, First Brands has some more invoices to sell and Asian meme investors.

It is so easy to read Money Stuff in the system. Dopamine keeps me awake late into the night. www.bloomberg.com/opinion/news...