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Ken Griffin's ultimate rule for survival is brutally simple when asked how Citadel survived a near-death experience in 2008 to become a $60 billion empire - he dropped pure reality: "we lost 50% of our capital and our flagship fund was down $8 billion - that's when you realize... your textbook risk models mean absolutely nothing" "when you are bleeding $500 million a week you don't survive by having conviction - you survive by aggressively protecting cash" "today we execute 20% of all US volume - we don't hold losers praying for a bounce, if the math breaks, we liquidate immediately" Griffin didn't build Citadel by predicting the future. He built it by completely removing human emotion and ego from the equation when the market collapses. bookmark and watch him break down the reality of riskshow more

ludoonchart

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483,758 просмотров • 2 месяцев назад •via X (Twitter)

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Ken Griffin just explained exactly why you keep losing money when asked how Citadel made the biggest profit in wall street history during the 2022 crash - he exposed the cold truth: "in 2022 the market crashed 20% and regular investors got wiped out - we didn't panic, we just ran the math and walked away with $16 billion in pure profit" "people sit at home drawing lines on charts hoping to guess the next big trend - we spend $1 billion a year on computers that execute 7 million trades a day" "we don't care if a company is good or bad - we execute 20% of all us volume every single day just scooping up the pennies that retail traders drop out of fear" Griffin didn't build a $60 billion empire by predicting the future. He built it by exploiting the fear and greed of regular people with cold, ruthless speed bookmark and watch him break down the reality of the game

Ken Griffin just explained exactly why you keep losing money when asked how Citadel made the biggest profit in wall street history during the 2022 crash - he exposed the cold truth: "in 2022 the market crashed 20% and regular investors got wiped out - we didn't panic, we just ran the math and walked away with $16 billion in pure profit" "people sit at home drawing lines on charts hoping to guess the next big trend - we spend $1 billion a year on computers that execute 7 million trades a day" "we don't care if a company is good or bad - we execute 20% of all us volume every single day just scooping up the pennies that retail traders drop out of fear" Griffin didn't build a $60 billion empire by predicting the future. He built it by exploiting the fear and greed of regular people with cold, ruthless speed bookmark and watch him break down the reality of the game

ludoonchart

381,608 просмотров • 2 месяцев назад

why Ron Baron makes billions while most people lose everything when asked how he turned a little money into $40 billion by just ignoring the news - he dropped the cold truth: "guys stare at screens all day trying to guess what happens next - we buy a company and literally don't look at the price for years" "when tesla crashed in 2019 everyone in finance panicked and sold - we didn't care at all, kept all our shares, and made $4 billion" "regular guys sell the second a stock drops a few bucks - we buy a good company and just leave it alone even when everyone is freaking out" Baron didn't make $40 billion by guessing what happens tomorrow. He made it by just sitting on his hands and doing absolutely nothing while everyone else panics bookmark and watch him explain how he actually plays the game

why Ron Baron makes billions while most people lose everything when asked how he turned a little money into $40 billion by just ignoring the news - he dropped the cold truth: "guys stare at screens all day trying to guess what happens next - we buy a company and literally don't look at the price for years" "when tesla crashed in 2019 everyone in finance panicked and sold - we didn't care at all, kept all our shares, and made $4 billion" "regular guys sell the second a stock drops a few bucks - we buy a good company and just leave it alone even when everyone is freaking out" Baron didn't make $40 billion by guessing what happens tomorrow. He made it by just sitting on his hands and doing absolutely nothing while everyone else panics bookmark and watch him explain how he actually plays the game

ludoonchart

515,732 просмотров • 2 месяцев назад

Ron Baron is the most ruthless long-term predator on Wall Street while average traders panic sell for a 20% gain, he waits a decade and walks away with $8 billion in pure profit "it took me four years of visiting Elon Musk just to get convinced. average guys buy a stock and check the price 10 times a day - i watched Tesla triple, completely missed the rally, and then dumped $400 million in it when i knew for a fact it was going to change the world." "the crowd is obsessed with taking tiny profits off the table - we held our position through absolute hell, and turned that initial check into $8 billion" "now everyone is fighting over generic AI stocks - we are dumping billions into Spacex because we are completely convinced it will become a $30 trillion empire and the single largest company in human history" Baron didn't build a $55 billion fund by trading the daily news cycle or listening to analysts. he built it by finding generational visionaries, buying a massive stake, and completely ignoring the noise for 10 years watch his brand new interview breaking down why he is betting everything on Spacex

ludoonchart

105,061 просмотров • 2 месяцев назад

in 2008 Ken Griffin lost 55% of his investors' money - eighteen years later the man on the other side of that trade was Leopold Aschenbrenner - down 67% in a single month this is the full document - what Citadel lost, what Griffin refused to hand back, and what it cost him to survive it "we were losing hundreds upon hundreds in capital a week - if not more" when investors asked for $1.2 billion back, he suspended redemptions and locked them in for ten months rather than sell into a frozen market the funds returned 62% the next year - and were still down 27% across the two they crossed back above the 2008 high-water mark in January 2012, and he collected no performance fees the entire time save & read the full document ↓

in 2008 Ken Griffin lost 55% of his investors' money - eighteen years later the man on the other side of that trade was Leopold Aschenbrenner - down 67% in a single month this is the full document - what Citadel lost, what Griffin refused to hand back, and what it cost him to survive it "we were losing hundreds upon hundreds in capital a week - if not more" when investors asked for $1.2 billion back, he suspended redemptions and locked them in for ten months rather than sell into a frozen market the funds returned 62% the next year - and were still down 27% across the two they crossed back above the 2008 high-water mark in January 2012, and he collected no performance fees the entire time save & read the full document ↓

Сarm1ne

208,777 просмотров • 11 дней назад

Ron Baron believes that trading for a quick 20% gain is the fastest way to stay broke "most guys buy bonds or keep cash just to feel safe making 4% - we have never owned a single bond because paper currency is designed to lose its value every day" "the crowd buys a stock with a 3-month plan and panics at a 10% drop - our minimum holding period is 10 years, because that is how you turn a million into a billion" "regular traders obsess over next week's chart patterns - we only care if the founder has the drive to double the size of the business every 5 years" Baron didn't build a $40 billion fund by guessing the next trend. he built it by finding generational monopolies, backing great founders, and doing absolutely nothing for decades watch him break down his exact investment strategy

Ron Baron believes that trading for a quick 20% gain is the fastest way to stay broke "most guys buy bonds or keep cash just to feel safe making 4% - we have never owned a single bond because paper currency is designed to lose its value every day" "the crowd buys a stock with a 3-month plan and panics at a 10% drop - our minimum holding period is 10 years, because that is how you turn a million into a billion" "regular traders obsess over next week's chart patterns - we only care if the founder has the drive to double the size of the business every 5 years" Baron didn't build a $40 billion fund by guessing the next trend. he built it by finding generational monopolies, backing great founders, and doing absolutely nothing for decades watch him break down his exact investment strategy

ludoonchart

436,110 просмотров • 2 месяцев назад

“In 2008, we tried 4 times to get 20% of Satyam Computers $1 Billion cash in our liquid fund, but they refused.” “We got suspicious, never bought the stock and finally when the fraud came out, we were so happy” “So in India, if you have a situation where Cash is greater than the Market cap, you have to doubt it and do a lot of stewardship.” - S. Naren

“In 2008, we tried 4 times to get 20% of Satyam Computers $1 Billion cash in our liquid fund, but they refused.” “We got suspicious, never bought the stock and finally when the fraud came out, we were so happy” “So in India, if you have a situation where Cash is greater than the Market cap, you have to doubt it and do a lot of stewardship.” - S. Naren

Ronit Pereira

220,637 просмотров • 2 месяцев назад

in 1996, a young options trader named Nassim Taleb realized that the smartest financial engineers on wall street were actually building massive ticking time bombs to explain why the smartest minds on earth were guaranteed to eventually go bankrupt, he used the brutal reality of the thanksgiving turkey: "think of a turkey that is fed by a butcher every single day. for 1,000 days, the turkey’s statistical models prove with absolute certainty that the butcher is his best friend and the system is perfectly safe" "then, the day before thanksgiving, a single unexpected black swan event happens. the turkey's entire historical data becomes completely useless, and his entire existence goes to zero in a split second" "you can fool yourself with complex risk formulas, but you can't fool reality. the crowd trades exactly like the turkey-they collect daily pennies, feeling secure because a crash hasn't happened recently" "we engineer our capital to be the exact opposite. we assume every standard model is a lie, and position our portfolio to print absolute millions when the illusion of safety finally breaks" Taleb didn't survive decades on the trading floor by trusting academic formulas. he survived by assuming the worst, dropping his ego, and betting heavily against the turkeys watch his legendary 1-hour masterclass at google breaking down the absolute illusion of risk

in 1996, a young options trader named Nassim Taleb realized that the smartest financial engineers on wall street were actually building massive ticking time bombs to explain why the smartest minds on earth were guaranteed to eventually go bankrupt, he used the brutal reality of the thanksgiving turkey: "think of a turkey that is fed by a butcher every single day. for 1,000 days, the turkey’s statistical models prove with absolute certainty that the butcher is his best friend and the system is perfectly safe" "then, the day before thanksgiving, a single unexpected black swan event happens. the turkey's entire historical data becomes completely useless, and his entire existence goes to zero in a split second" "you can fool yourself with complex risk formulas, but you can't fool reality. the crowd trades exactly like the turkey-they collect daily pennies, feeling secure because a crash hasn't happened recently" "we engineer our capital to be the exact opposite. we assume every standard model is a lie, and position our portfolio to print absolute millions when the illusion of safety finally breaks" Taleb didn't survive decades on the trading floor by trusting academic formulas. he survived by assuming the worst, dropping his ego, and betting heavily against the turkeys watch his legendary 1-hour masterclass at google breaking down the absolute illusion of risk

ludoonchart

191,360 просмотров • 2 месяцев назад

before Nassim Taleb made his fortune shorting the 2008 collapse, an old veteran on the trading floor gave him a terrifying warning "he grabbed me, pointed to a guy across the room and said: 'you see ed over there? he made $7 million in 7 years... and he just lost it all in exactly 7 seconds'" that was the exact moment Taleb realized that 99% of wall street was playing a rigged game of russian roulette "average funds hide their risk to look smart - they make small, steady profits every single day, completely blind to the fact that one rare event will eventually wipe out their entire existence" "we do the exact opposite - we take tiny, calculated losses every day, and position our entire portfolio to make billions the second the system completely breaks" Taleb didn't build his empire by trying to predict the market. he built it by assuming everyone else is fragile, and waiting for the inevitable hurricane to destroy them watch his legendary stanford masterclass where he breaks down this exact realization

before Nassim Taleb made his fortune shorting the 2008 collapse, an old veteran on the trading floor gave him a terrifying warning "he grabbed me, pointed to a guy across the room and said: 'you see ed over there? he made $7 million in 7 years... and he just lost it all in exactly 7 seconds'" that was the exact moment Taleb realized that 99% of wall street was playing a rigged game of russian roulette "average funds hide their risk to look smart - they make small, steady profits every single day, completely blind to the fact that one rare event will eventually wipe out their entire existence" "we do the exact opposite - we take tiny, calculated losses every day, and position our entire portfolio to make billions the second the system completely breaks" Taleb didn't build his empire by trying to predict the market. he built it by assuming everyone else is fragile, and waiting for the inevitable hurricane to destroy them watch his legendary stanford masterclass where he breaks down this exact realization

ludoonchart

139,281 просмотров • 2 месяцев назад

Leo was definitely a bright star at our sanctuary. We know he was one of your favorites too. He was 31 years old and basically just succumbed to old age. Susan and Jim were with him when he passed gently and easily in his sleep. We would like to try to create a memorial area for the bears we have lost. We would like to ask you all, if possible, if you could consider a donation to help us make this dream a reality. Thank you. Rest in peace Leo, you will be forever missed by all of us!

Leo was definitely a bright star at our sanctuary. We know he was one of your favorites too. He was 31 years old and basically just succumbed to old age. Susan and Jim were with him when he passed gently and easily in his sleep. We would like to try to create a memorial area for the bears we have lost. We would like to ask you all, if possible, if you could consider a donation to help us make this dream a reality. Thank you. Rest in peace Leo, you will be forever missed by all of us!

Orphaned Wildlife

13,775 просмотров • 5 месяцев назад

This is the type of person you have to be to get hired at Citadel Ken Griffin once asked a Harvard graduate with a Citadel offer letter what he would do if he had $10 million in his bank account The young man replied that he would quit his job to travel and climb the highest peaks around the world Ken Griffin responded by saying that Citadel was not the right fit for him

This is the type of person you have to be to get hired at Citadel Ken Griffin once asked a Harvard graduate with a Citadel offer letter what he would do if he had $10 million in his bank account The young man replied that he would quit his job to travel and climb the highest peaks around the world Ken Griffin responded by saying that Citadel was not the right fit for him

Boring_Business

2,148,972 просмотров • 3 месяцев назад

Nassim Taleb just delivered a brutal reality check on how the modern world actually functions. speaking at a recent conference, he destroyed the archaic models taught in universities and broke down the ruthless new rules of the economy: "what is unhealthy is when people become powerful and what do we have now? techno-feudalism. the winner takes all. it's getting sticky at the top, and that completely destroys competition." "governments want to close borders and have a museum state, but they also want economic growth. you want to eat the cake, but you want to lose weight. there is no ozempic for economies." "the only people who care about the legacy media are people who are either in a wheelchair or in politics. anyone under thirty has no idea what the evening news is. they've lost control of the narrative." Taleb didn't build his reputation by sugarcoating reality. he is flat-out warning the crowd that if you rely on outdated textbooks to understand this new era, you will simply be crushed by it. bookmark and watch his raw breakdown of our broken system

Nassim Taleb just delivered a brutal reality check on how the modern world actually functions. speaking at a recent conference, he destroyed the archaic models taught in universities and broke down the ruthless new rules of the economy: "what is unhealthy is when people become powerful and what do we have now? techno-feudalism. the winner takes all. it's getting sticky at the top, and that completely destroys competition." "governments want to close borders and have a museum state, but they also want economic growth. you want to eat the cake, but you want to lose weight. there is no ozempic for economies." "the only people who care about the legacy media are people who are either in a wheelchair or in politics. anyone under thirty has no idea what the evening news is. they've lost control of the narrative." Taleb didn't build his reputation by sugarcoating reality. he is flat-out warning the crowd that if you rely on outdated textbooks to understand this new era, you will simply be crushed by it. bookmark and watch his raw breakdown of our broken system

ludoonchart

78,773 просмотров • 1 месяц назад

Harry Markowitz, the Nobel laureate who invented modern portfolio theory: "Every fund from Bridgewater to Citadel runs on one equation I wrote as a 25-year-old grad student. Wall Street pays quants $500K to use it. It's free." the thread above teaches you to build a portfolio the real way, with the mathematics of capital allocation. every line of it traces back to one paper markowitz wrote in 1952. before him, "don't put all your eggs in one basket" was folklore. he turned it into algebra. he proved a portfolio's risk isn't the average of its parts, it's driven by how the parts move together, the covariance. combine assets that don't move in lockstep and you cut risk without giving up return. that is the closest thing to a free lunch in all of finance, and he wrote the exact equation for how much of it you get. that single insight, mean-variance optimization, is the engine under every serious fund on earth. renaissance, bridgewater, citadel, your pension, all of them size risk with markowitz's math. he published it in 1952, won the nobel in 1990, and it sits in every textbook and this free lecture. same story i keep telling: the math that runs the trillion-dollar machine has been public and free for seventy years. here is the part markowitz himself warned about. the equation is only as good as the numbers you feed it, your estimates of return and covariance. feed it garbage and the "optimal" portfolio it hands back is confidently, precisely wrong, and it detonates in the exact crisis it was built to survive. the optimizer is free. estimating the future honestly, and knowing when to distrust your own inputs, is the entire job.

Harry Markowitz, the Nobel laureate who invented modern portfolio theory: "Every fund from Bridgewater to Citadel runs on one equation I wrote as a 25-year-old grad student. Wall Street pays quants $500K to use it. It's free." the thread above teaches you to build a portfolio the real way, with the mathematics of capital allocation. every line of it traces back to one paper markowitz wrote in 1952. before him, "don't put all your eggs in one basket" was folklore. he turned it into algebra. he proved a portfolio's risk isn't the average of its parts, it's driven by how the parts move together, the covariance. combine assets that don't move in lockstep and you cut risk without giving up return. that is the closest thing to a free lunch in all of finance, and he wrote the exact equation for how much of it you get. that single insight, mean-variance optimization, is the engine under every serious fund on earth. renaissance, bridgewater, citadel, your pension, all of them size risk with markowitz's math. he published it in 1952, won the nobel in 1990, and it sits in every textbook and this free lecture. same story i keep telling: the math that runs the trillion-dollar machine has been public and free for seventy years. here is the part markowitz himself warned about. the equation is only as good as the numbers you feed it, your estimates of return and covariance. feed it garbage and the "optimal" portfolio it hands back is confidently, precisely wrong, and it detonates in the exact crisis it was built to survive. the optimizer is free. estimating the future honestly, and knowing when to distrust your own inputs, is the entire job.

Rossst.03

44,131 просмотров • 29 дней назад

The Ummah is bleeding today from Palestine 🇵🇸 to Iran 🇮🇷 because we are divided. When we fight over sects, flags, and politics, the enemies of Islam find it easy to attack us one by one. Our strength is in our unity, and our weakness is in our disunity. The "Holy Quran" says: "And hold firmly to the rope of Allah all together and do not become divided. And remember the favor of Allah upon you when you were enemies and He brought your hearts together and you became brothers by His favor." "Hazrat Muhammad (S.A.W.W)" Hadith: "The believers in their mutual kindness, compassion and sympathy are just like one body. When one limb suffers, the whole body responds to it with wakefulness and fever."

The Ummah is bleeding today from Palestine 🇵🇸 to Iran 🇮🇷 because we are divided. When we fight over sects, flags, and politics, the enemies of Islam find it easy to attack us one by one. Our strength is in our unity, and our weakness is in our disunity. The "Holy Quran" says: "And hold firmly to the rope of Allah all together and do not become divided. And remember the favor of Allah upon you when you were enemies and He brought your hearts together and you became brothers by His favor." "Hazrat Muhammad (S.A.W.W)" Hadith: "The believers in their mutual kindness, compassion and sympathy are just like one body. When one limb suffers, the whole body responds to it with wakefulness and fever."

True Patriot

25,754 просмотров • 3 месяцев назад

George Soros on the reality of taking losses: "once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes." nobody has a perfect win rate. taking a red trade is just a cost of doing business, not an insult to your iq the gap between pros and retail is simple. retail takes a loss, their ego gets bruised, and they baghold until the account blows up praying for a magical bounce. a pro sees the thesis is dead, cuts the trade with zero emotion, and moves on to the next setup needing to be right all the time will bankrupt you. the market doesn't give a damn about your ego. being wrong is fine. staying wrong is how you lose everything bookmark and watch the video below

George Soros on the reality of taking losses: "once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes." nobody has a perfect win rate. taking a red trade is just a cost of doing business, not an insult to your iq the gap between pros and retail is simple. retail takes a loss, their ego gets bruised, and they baghold until the account blows up praying for a magical bounce. a pro sees the thesis is dead, cuts the trade with zero emotion, and moves on to the next setup needing to be right all the time will bankrupt you. the market doesn't give a damn about your ego. being wrong is fine. staying wrong is how you lose everything bookmark and watch the video below

ludoonchart

50,339 просмотров • 1 месяц назад

Nassim Taleb built his empire by realizing that the modern obsession with safety and stability is exactly what gets you killed in the real world in a deep-dive interview, he dropped a brutal reality check on why trying to eliminate stress from your life or your portfolio is the ultimate trap: "i use the metaphor of a cat versus a washing machine. a washing machine is mechanical-it will never self-heal. but a cat is organic, and it absolutely requires disorder to survive" "if you don't have enough disorder and stress hitting your system, your bones literally become brittle. a massive share of what we call aging and decline actually just comes from pure atrophy and a lack of stress" "the crowd always tries to eliminate the 'boom and bust' cycle. they want a completely predictable world. if they were in charge of nature, they would eliminate the seasons and make the weather perfectly flat year-round" "but what looks on the surface to be completely stable and unchanging is actually incredibly fragile. depriving an organic system of disorder is exactly what destroys it" bookmark and watch his full interview breaking down the absolute necessity of stress

Nassim Taleb built his empire by realizing that the modern obsession with safety and stability is exactly what gets you killed in the real world in a deep-dive interview, he dropped a brutal reality check on why trying to eliminate stress from your life or your portfolio is the ultimate trap: "i use the metaphor of a cat versus a washing machine. a washing machine is mechanical-it will never self-heal. but a cat is organic, and it absolutely requires disorder to survive" "if you don't have enough disorder and stress hitting your system, your bones literally become brittle. a massive share of what we call aging and decline actually just comes from pure atrophy and a lack of stress" "the crowd always tries to eliminate the 'boom and bust' cycle. they want a completely predictable world. if they were in charge of nature, they would eliminate the seasons and make the weather perfectly flat year-round" "but what looks on the surface to be completely stable and unchanging is actually incredibly fragile. depriving an organic system of disorder is exactly what destroys it" bookmark and watch his full interview breaking down the absolute necessity of stress

ludoonchart

64,220 просмотров • 1 месяц назад

Question: When you talk about too many immigrants here, when did you guys decide that number? Why did you sell us a dream? You made us spend our youth, our wealth in this country and gave us a dream. You don't owe us anything. We have worked hard for it. How can you as a vice president stand there and say that we have too many of them now and we are going to take them out to people who are here rightfully so by paying the money that you guys asked us? You gave us the path and now how can you stop it and tell us we don't belong here anymore?

Question: When you talk about too many immigrants here, when did you guys decide that number? Why did you sell us a dream? You made us spend our youth, our wealth in this country and gave us a dream. You don't owe us anything. We have worked hard for it. How can you as a vice president stand there and say that we have too many of them now and we are going to take them out to people who are here rightfully so by paying the money that you guys asked us? You gave us the path and now how can you stop it and tell us we don't belong here anymore?

Acyn

3,096,262 просмотров • 9 месяцев назад

Mike Myers - where were you when our taxes went up, when inflation spiralled out of control, when food bank usage is at an all time high, when the Liberals stole from the green slush fund, when the Liberals let in countless immigrants now putting our healthcare at risk? Unlike you, I was there. Speaking out against the tyranny. How dare you fly up from the US to try to influence who we vote for when you are nothing like us. You should just enjoy your $20 million condo in New York City and stay there. It’s funny how the same crowd that endorse Mike are the same ones that try to cancel Wayne Gretzky for a friendship

Mike Myers - where were you when our taxes went up, when inflation spiralled out of control, when food bank usage is at an all time high, when the Liberals stole from the green slush fund, when the Liberals let in countless immigrants now putting our healthcare at risk? Unlike you, I was there. Speaking out against the tyranny. How dare you fly up from the US to try to influence who we vote for when you are nothing like us. You should just enjoy your $20 million condo in New York City and stay there. It’s funny how the same crowd that endorse Mike are the same ones that try to cancel Wayne Gretzky for a friendship

Mario Zelaya

51,592 просмотров • 1 год назад

“Hold on just a little longer, survive, and dream of a happy ending.” Gali and Ziv Berman’s family shared this moving message for the twins’ 28th birthday: "Our beloved Gali and Ziv, how we feared this day would come—a second birthday in hell. You are 28 years old today, though we're not sure you even know it. We watch videos from past birthdays, from the normal world, and our hearts break. You were surrounded by your closest friends, celebrating in your vibrant neighborhood, drawing everyone to you like magnets. Eating, drinking, being carefree. You have lost your freedom and control over your own lives. We imagine that you have been reunited, that you are embracing each other, encouraging and strengthening one another. We know you don't understand how you can still be there, or when you will be free again. We promise you this will happen - you will return to the safe embrace of your mother. Hold on just a little longer, survive, and dream of a happy ending.”

“Hold on just a little longer, survive, and dream of a happy ending.” Gali and Ziv Berman’s family shared this moving message for the twins’ 28th birthday: "Our beloved Gali and Ziv, how we feared this day would come—a second birthday in hell. You are 28 years old today, though we're not sure you even know it. We watch videos from past birthdays, from the normal world, and our hearts break. You were surrounded by your closest friends, celebrating in your vibrant neighborhood, drawing everyone to you like magnets. Eating, drinking, being carefree. You have lost your freedom and control over your own lives. We imagine that you have been reunited, that you are embracing each other, encouraging and strengthening one another. We know you don't understand how you can still be there, or when you will be free again. We promise you this will happen - you will return to the safe embrace of your mother. Hold on just a little longer, survive, and dream of a happy ending.”

Hen Mazzig

14,549 просмотров • 11 месяцев назад

Since the election, we've grown the Heritage Fund from $17 billion to an expected $25 billion by the end of this year. Our goal is to build it to generate $12 billion in investment income, providing sustainable revenue for Albertans. We've focused on disciplined year-over-year spending, paying down our $80 billion debt, and freeing up $3.5 billion in finance charges. This allows us to offer tax breaks and affordability payments when we have surpluses. Let's keep building a stronger future for Alberta together!

Since the election, we've grown the Heritage Fund from $17 billion to an expected $25 billion by the end of this year. Our goal is to build it to generate $12 billion in investment income, providing sustainable revenue for Albertans. We've focused on disciplined year-over-year spending, paying down our $80 billion debt, and freeing up $3.5 billion in finance charges. This allows us to offer tax breaks and affordability payments when we have surpluses. Let's keep building a stronger future for Alberta together!

Danielle Smith

93,259 просмотров • 2 лет назад