Matt Levine

You Can Insider Trade NFTs Now Not legal advice. Also Builder.ai, Boring Co., Harvard and AI.

This newsletter has been an embarrassment internally, but its failure isn’t a big concern. www.bloomberg.com/opinion/news...

The Bots Will Work Together Also Kalshi bets, Robey Warshaw, ETHZilla, and putting Bitcoin on your credit card.

This newsletter doesn’t need to be evil — or even particularly smart. www.bloomberg.com/opinion/news...

UBS FX Trades Were Too Good Also Sinovac, Daily Journal and an insurance correlation trade.

I will develop a plan to bring disciplined newsletter governance, proper capital allocation, strategic foresight and operational excellence to Money Stuff. www.bloomberg.com/opinion/news...

Bet on or Against the Unicorns Also the meme-stock revival, home insurance and tokenized crypto treasury companies.

My fellow apes, gather ’round, because your boy is about to drop some newsletter that’ll make your tendies rain from the sky. www.bloomberg.com/opinion/news...

Strategy Does a Stretch Also Tesla and xAI, alpha capture and an NFT treasury company.

Readers are welcome to put forward any newsletter proposals that they’d like. www.bloomberg.com/opinion/news...

Meme Stocks Are Back AI, negative ownership, no-crypto indexes and ChatGPT Agent.

This newsletter is misunderstood or hated by the market. www.bloomberg.com/opinion/news...

There’s a GameStop Treasury Company Also ETF heartbeats, crypto lending, Libor transition collusion and meme-stock investment.

This newsletter aligns with Money Stuff's ongoing commitment to combating market corruption and enhancing shareholder value. www.bloomberg.com/opinion/news...

Private Research Is the New Public Research Also Goldman’s new career path, Trump Media’s Bitcoin treasury, Hess’s JV agreement, Polymarket’s derivatives exchange and Jane Street’s partner list.

I understand the intent of this language, of the whole newsletter, because I wrote it. www.bloomberg.com/opinion/news...

Everyone Wants a Bitcoin Treasury Also slang memecoins, LQR House, collusion on earnings calls and three-page résumés.

I track usage of words like huzz, soyboy, baddie, or mewing, not just to use in text messages with friends, but to include in this newsletter. www.bloomberg.com/opinion/news...

Zeno’s Takeover Also prime brokerage, private-wealth risks and the Strategy premium.

Financial history is littered with examples of newsletters that have entered new markets in a rather Looney Tunes style, surrounded by a cloud of dust, only to be flattened to a pancake by a large anvil marked Money Stuff. www.bloomberg.com/opinion/news...

Put the Crypto in the Index Funds Also tariffs in credit agreements, JPMorgan private credit, Windsurf’s second exit and quants going to AI labs.

Math olympiad champs have long felt the smart money — the low-risk, high-reward wager — was at Money Stuff. www.bloomberg.com/opinion/news...

Musk Has Money and xAI Wants Some Also the Windsurf deal, duct cleaning, tokenization and HYPE.

Virtually no one thought about the dust, bugs, pet hair, skin cells, mold spores, and all the other gunk that piles up inside this newsletter. www.bloomberg.com/opinion/news...

Do Your Betting With Your Broker Gambling losses, hedge-fund AI agents, Hunterbrook, legal fees and self-publishing.

In this newsletter, I made a decision to write down all of my personal experiences with intelligences beyond ours and past lives I had become aware of. www.bloomberg.com/opinion/news...

Goldman Wants Quarterly Loyalty Updates Also a gold treasury company, spot-fixing, anti-woke funds and a Buffett bet.

This newsletter led to unanticipated connections, relationships, and experiences. www.bloomberg.com/opinion/news...

Floor Traders Want Their Seats Back CME, Diet ARK, no-dividend ETF, more Jane Street options and vending machines.

Investors are telling me ‘we like the taste and the kick of Money Stuff but would like to trim the caffeine and sugar.' www.bloomberg.com/opinion/news...

Jane Street’s Indian Options Trade Was Too Good SEBI, MSOs, America Party.

This newsletter is counterintuitive, unexpected, and initially met with significant skepticism and incredulity. www.bloomberg.com/opinion/news...

AI Is Bad at Snacks AI rollups, tokenization, arbitrage consulting, gambling loss deductions and stress test positioning.

Far from being just a newsletter, Money Stuff has to complete many of the far more complex tasks associated with running a profitable business. www.bloomberg.com/opinion/news...

The Stocks Will Be Tokenized Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0.

What we discussed was how to address the inequality between people who have historically had access to this newsletter and everyone else. That’s the really exciting part: Now everyone will be able to get it. www.bloomberg.com/opinion/news...

A Drug-Trial Stock Sale INmune, Linqto, SRT financing, bank AI agents and the AI pay wars.

Similar to human employees, I have direct managers I report to and work autonomously in areas like newsletter writing. www.bloomberg.com/opinion/news...

Insider Trading on SEC Filings Edgar typesetting, private credit, security-based swaps and AI pay.

I feel a visceral feeling right now, as if someone has broken into our home and stolen this newsletter. www.bloomberg.com/opinion/news...

Anyone Can Sell You SpaceX Stock Forwards, startup quasi-exits, crypto for mortgages, CFA embezzlement and FELINE PRIDES.

I'm confident in this newsletter’s legality, but it’s possible regulators might take a different view. www.bloomberg.com/opinion/news...

You Can’t Exactly Buy Stock in Athletes Also private credit trading desks and PRIMEs and SCOREs.

The us-versus-them mentality is so strong that this newsletter, known as Money Stuff in the lingo of traders, often gets no more than a perfunctory glance inside some private credit shops. www.bloomberg.com/opinion/news...

Everything Is an ETF Now Autocallables, Microsoft Strips, BNB treasury strategy and on-cycle recruiting.

For investment professionals already familiar with newsletters, Money Stuff is simply the 'easy button.' www.bloomberg.com/opinion/news...

Malaysian Fryer Oil Arbitrage Also meta-acquihires, investment bank fees and AI is securities fraud.

To secure Money Stuff’s highly sought-after services, you would need to read this newsletter. www.bloomberg.com/opinion/news...

Lawyers Are Mad About SALT Also AI signing bonuses, stablecoin regulation and sports contract lawsuits.

This Money Stuff newsletter provides just as many benefits to the economy and society at large as other pass-throughs and corporations. www.bloomberg.com/opinion/news...

Many people have become familiar with Money Stuff since they have used the Internet. www.bloomberg.com/opinion/news...

There’s a Tron Treasury Company Also golden shares, equity analyst RTO, Bally’s Chicago and Pentagon pizza data.

I am generally expected to release Money Stuff within a few days of news, often under heightened time pressure. www.bloomberg.com/opinion/news...

High-Speed Traders Slow Down Tower, 4 p.m. bond trades, staked Ether ETFs and on-cycle recruiting.

This newsletter reflects our commitment to making long-term, thoughtful choices about the talent we bring into Money Stuff and the culture we cultivate, while also allowing you the space to prioritise your development in this stage of your career. www.bloomberg.com/opinion/news...

The Appraisal Trade Is Back Endeavor, Scale AI, private equity recruiting, TikTok and home equity securitization.

I agreed with recent criticisms that the process for writing this newsletter had started too early. www.bloomberg.com/opinion/news...

People Are Worried About Private Market Liquidity Also SREIT, crypto treasury companies, tariff trades, FCPA and Nikola.

Accessibility, affordability and some degree of liquidity are key to accommodate the needs of “Money Stuff" readers. www.bloomberg.com/opinion/news...