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Meet The Pro-Trump Billionaire Who Paid $40 Million For Fugly Ferrari EV
Meet The Pro-Trump Billionaire Who Paid $40 Million For Fugly Ferrari EV
A Florida billionaire was revealed Tuesday as the deep-pocketed buyer who shelled out a jaw-dropping $40 million for Ferrari's one-of-a-kind Luce EV, the Italian supercar that critics mercilessly roasted for looking straight-up fugly.
The Ferrari Luce ‘Tailor Made’ on display at RM Sotheby's auction event. RM Sotheby’s
The buyer: Dr. Herbert Wertheim, an optometrist who founded Miami-based Brain Power, a firm that cooks up tech for the eyewear industry.
Herbert Wertheim Alicia Devine/USA TODAY Network/Reuters
The Journal reports:
Wertheim's unique model, dubbed "Chassis...
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May 10, 2026 / Tyler Durden
Winning? Do We Need To Understand UBI
Winning? Do We Need To Understand UBI
Submitted by Peter Tchir of Academy Securities
Winning? Do We Need To Understand UBI
Iran (and the potential for a deal) has continued to move markets. As the 30-year bond rose above 5% earlier this week, we got news that we have a new approach to resolving the conflict – a one-page MOU. Markets (ex-oil) rallied around various “deal” headlines all week.
Spider, Bret, and I spent some time discussing this on Friday’s Podcast – The U.S. Proposal to End the War (also available on Spotify...
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Aug 12, 2026 / Tyler Durden
The Cultural Revolution Is In Full Swing
The Cultural Revolution Is In Full Swing
Authored by Larry Sand via American Greatness,
It’s no secret that socialism is advancing in the U.S. The latest development in this ominous trend occurred on August 4, when Abdul El-Sayed, a progressive backed by democratic socialists, defeated the establishment-backed congresswoman Haley Stevens in Michigan’s Democratic Senate primary.
At the same time, our culture is under constant attack by radicals seeking to transform our national ethos. Despite some claims to the contrary, the cultural upheaval known as “Wokism” is very much alive and well. As John Murawski writes in RealClearInvestigations,...
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Jul 24, 2026 / Tyler Durden
AI Capex Depreciation Risk Is The Catch To Record Earnings
AI Capex Depreciation Risk Is The Catch To Record Earnings
Authored by Lance Roberts via RealInvestmentAdvice.com,
The second-quarter earnings season is in full swing. So far, the results are landing in line or better than the upwardly revised Wall Street estimates. That’s the opposite of how this usually works. Analysts normally trim their forecasts as a year wears on. In 2026, they’ve done the opposite. The S&P 500 is on track to grow earnings north of 20% for a second straight quarter. The earnings are real. However, a meaningful slice of...
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