A dim stone corridor in a federal gold depository ends at a huge round vault door, slightly open, with warm golden light falling across the floor and walls.
    Alternative Investments

    Would Repricing US Gold to $1 Trillion Backfire?

    TL;DR: Segment: accredited and high net worth investors. Pillar: News and Analysis. The federal budget deficit is running at $2 trillion and debt interest costs top $1 trillion a year, according to F…

    Jeff Barnes, MBA··4 min read
    Hard Rock Stadium in Miami Gardens under a bright clear sky, its canopy and curved concourse rising above empty palm-lined walkways.
    Alternative Investments

    Miami Dolphins Ownership Stake Sale: Who Owns the Team

    TL;DR: The Miami Dolphins ownership stake sale story has several buyers. Stephen Ross still controls the team, while minority owners include Ares Management (10%), Joe Tsai and Oliver Weisberg (3% to…

    Jeff Barnes, MBA··7 min read
    Close-up of a rough, unpolished crystal on a grey felt tray with steel tweezers touching its edge, a second uncut stone softly blurred behind it.
    Angel Investing

    ASC 820 Explained: How Private Assets Get Valued

    TL;DR: ASC 820 is the U.S. accounting standard for measuring fair value. It sorts every valued asset into three levels by how observable the inputs are. Level 1 uses quoted prices. Level 3 uses input…

    Jeff Barnes, MBA··6 min read
    An empty, dimly lit boardroom with a long wooden table and leather chairs, facing windows that overlook a city skyline glowing gold at dusk.
    Alternative Investments

    Accredited Investor Requirements: Income and Net Worth

    TL;DR: The thresholds for accredited investor status were set in the 1980s and 2010, according to the U.S. Government Accountability Office (GAO) . Today you qualify with income over $200,000 in each…

    Jeff Barnes, MBA··7 min read
    Close-up of a weathered granite column of the US Treasury building, showing fluted stone and fine grain in soft daylight.
    Angel Investing

    FY 2026 Deficit Totaled $2 Trillion, Treasury Says

    TL;DR: The Treasury's final fiscal 2026 statement puts the federal deficit at $2.0 trillion, the net of $7.4 trillion in spending and $5.4 trillion in revenue, according to the American Action Forum …

    Jeff Barnes, MBA··5 min read
    Several graduates in caps and gowns, seen from behind, stand on a brick campus quad at dusk facing a stone hall whose windows glow gold against deep navy shadows.
    Angel Investing

    Student Loans Aren't Looking Like 'Good Debt'

    TL;DR: Federal student debt now reaches nearly 43 million Americans and a portfolio above $1.6 trillion, according to the Congressional Research Service . The Center for Responsible Lending says loan…

    Jeff Barnes, MBA··4 min read
    A shining silicon wafer covered in tiny chip dies sits in a carrier inside a spotless, futuristic chip factory, with robotic arms fading into the background.
    Angel Investing

    Tenstorrent's $1.5B Series E Led a Big AI Funding Week

    TL;DR: Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post money valuation, according to the company , and it topped Crunchbase News's list of the week's biggest U.S. rounds. Flapping A…

    Jeff Barnes, MBA··5 min read
    Close-up of the nose cone and small folded fins of an unmarked interceptor missile resting on a cradle in a sunlit hangar.
    Angel Investing

    L3Harris Wins $60M Army Drone Interceptor Contract

    TL;DR: L3Harris Technologies announced on October 23, 2026 that it has received a three year contract, valued at up to $60 million, to advance a long range, maneuverable interceptor for the U.S. Army…

    Jeff Barnes, MBA··5 min read
    A broad brick federal office building under a pale overcast sky, with a flagpole, an empty lawn and a few distant people walking across the parking lot.
    Angel Investing

    US Debt Interest Tops $1 Trillion, Passing Defense

    TL;DR: Net interest on the national debt reached $1.05 trillion in fiscal 2026, up from $970 billion, according to Treasury data reported by Yahoo Finance . It's the first year above $1 trillion, and…

    Jeff Barnes, MBA··5 min read
    Close-up of an Intel processor chip with the company's logo on its metal lid, lit by cool white light in a clean laboratory.
    Alternative Investments

    Supreme Court's New 401(k) Lawsuit Hurdle: What Changes

    TL;DR: The Supreme Court is deciding how specific a 401(k) plaintiff must be when claiming a plan's investments underperformed. It is not deciding whether private equity can sit in a 401(k). If you h…

    Jeff Barnes, MBA··5 min read
    Aerial view of the National Mall in Washington, D.C., with the Capitol dome at the far end and government buildings and tree-lined avenues on either side.
    Angel Investing

    National Debt Hits $40.36 Trillion: What It Means

    TL;DR: The national debt has reached $40.36 trillion, according to wearesavers.com , after a $2 trillion federal deficit in fiscal 2026. Treasury data shows $40.27 trillion on October 6. If you're si…

    Jeff Barnes, MBA··5 min read
    A supertanker moored at a Gulf oil terminal at dusk, with flare stacks and pipework lit in gold against a deep navy sky and a few workers in silhouette.
    Angel Investing

    Dollar Stays Near 18-Month High on Mideast, CPI Focus

    TL;DR: The dollar index sat at 102.14 on Monday, close to the 18 month high it hit last week, as Middle East fighting and a US inflation report due this week kept investors cautious, according to Reu…

    Jeff Barnes, MBA··5 min read
    Rows of people seen from behind sit in wooden chairs in a sunlit public meeting room, facing an empty podium.
    Alternative Investments

    Lawmakers Seek Probe of DOL 401(k) Rule Comments

    TL;DR: Three Democratic lawmakers asked federal law enforcement this week to look into who wrote the public comments behind a Labor Department proposal on 401(k) investing. If you hold a large 401(k)…

    Jeff Barnes, MBA··5 min read