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Good morning everyone. Let me start with a quick question. How many of you can recall the exact number of liters of water you should drink for your body weight.You see, today we have a lot to unpack when it comes to our health. And I want to dive into a simple yet powerful concept. What if we viewed health and wellness as a fundamental business.One that deserves a dedicated place in our discussions and more importantly in our school curriculum. Today I want to talk about a paradox that exists in our society ...

Vitalik Buterin notes that ideal incentives should only compensate for unavoidable temporary costs before a protocol matures, rather than attracting low-quality users who would never use it once the protocol is established. He calls on the crypto industry to focus its energy on developing genuinely useful applications. https://t.co/oSdLrPquef ...

Incentives explain behaviorArthur MacWaters (@ArthurMacwaters):Sanctuary states aren't defending illegal immigrants out of empathy -They're defending their congressional seats, and allowing a permanent underclassIronically, this is **exactly** why slave states fought to count slaves in the censusLiterally exactly why. Read the https://t.co/vM4BB8BNFv ...

You know, when you really think about like the incentives that are behind influencers and legacy outlets, you know, being able to continue being in business, they are audience captured in the sense that they have spent a lot of time educating people about like the wrong thing and and and putting Bitcoin in a in a negative in a negative sentiment, for example, through so many through such such a long time that they have built an audience that now share that belief. if they were to pivot to like pro Bitcoin o ...

What is metalarning and how do I learn how to learn better. >> DSS deconstruction, selection, sequencing, stakes, deconstruction, which is taking a fairly ambiguous goal like learn to swim or learn Japanese. None of those are actually very descriptive.Deconstructing any one of those is breaking it down into constituent parts. You can do that very effectively with the help of an expert. For instance, I mean, if you want to find a silver medalist from the Olympics two Olympics ago, you can probably get on a Z ...

This is a story about big money and big sports. They've gone together for years. But recently, there's been an explosion, whether it's pro teams selling for astronomical prices or college players receiving 7 figures for their name, image and likeness. Now big money is reaching down into high school and beyond as parents invest in the dreams of their kids. -The goal is to play major league baseball. Westin: Braison Hoffman is like many young kids in America, chasing big dreams and facing long odds. -It's wei ...

Financial Data and Key Metrics Changes - The company delivered 3,435 residential units in Q4 2025, exceeding guidance, with a total of 10,792 units delivered for the full year [4] - Net income for Q4 was $36 million, or $1.21 per diluted share, with adjusted net income at $47 million, or $1.59 per diluted share [19] - Home sales revenues for Q4 reached $1.1 billion, up 16% sequentially, while average sales price decreased by 5% to $367,000 [19] Business Line Data and Key Metrics Changes - The Century Living segment contributed to revenues with the sale of a 300-unit multifamily community for $97 million [20] - The company repurchased over 7% of its shares outstanding at the beginning of the year, totaling 2.3 million shares for $178 million [5][25] Market Data and Key Metrics Changes - The average community count increased by 13% to 318 communities in 2025, with expectations for low- to mid-single-digit percentage growth in 2026 [12][14] - The mortgage capture rate was 84% for both Q4 2025 and the full year, representing records for the company [23] Company Strategy and Development Direction - The company plans to maintain a disciplined approach to growth, focusing on existing lot counts and not expanding for the sake of growth alone [7] - The land acquisition and development expense is expected to remain flat in 2026, with the ability to adjust based on market conditions [15][16] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the spring selling season, noting improved order activity and potential consumer interest [29][31] - The company anticipates that any interest rate relief or governmental support for homebuyers could unlock buyer demand [7] Other Important Information - The company maintained a quarterly cash dividend of $0.29 per share and ended the year with $2.6 billion in stockholders' equity [24] - The company achieved a record book value per share of $89 at the end of Q4 2025 [5][25] Q&A Session Summary Question: Insights on the spring selling season - Management noted that while January sales pace has been slower compared to the previous year, order activity has improved sequentially, and they are hopeful for a better spring selling season [29][30] Question: Expectations for gross margin - Management indicated that gross margins may see a slight pullback due to incentives but expect to revert to a more balanced approach in the future [41][42] Question: Community count growth - Management expects community count to grow steadily throughout the year, particularly in the middle and back half of the year [33] Question: Stock repurchase authorization - Approximately 1.5 million shares remain under the stock repurchase program [45] Question: SG&A as a percentage of sales - SG&A is expected to be 14.5% in Q1 2026, higher than previous levels due to typical seasonal trends [51][52]

Polymarket no longer has a monopoly in prediction mkts. It grew in absolute terms, but ceded both volume and OI share in 2025.Our new Enterprise Report on @Polymarket focuses on how $POLY incentives should be deployed to drive repeat trading and regain clear leadership in an increasingly competitive market.0xWeiler (@0xWeiler):🚨 New Polymarket Enterprise Report out on @MessariCryptohttps://t.co/q0audDuIYe@Polymarket no longer has a monopoly in Prediction Mkts. The real question is what to do about it.The re ...

Tokenomics & Incentives - Projects initially promised token value accrual upon profitability, but later shifted upside to equity [1] - Tokenless projects question the rationale of distributing 60%-70% of tokens (and revenue) when equity retention offers greater control [1] - The crypto industry faces broken incentive structures [1]