Saturday, June 13th.
LEDGE FACT"If you just stick to buying good companies at bargain prices, the rest tends to take care of itself." - Joel Greenblatt (1957–)
A financial terminal for lifelong students and investors — live markets, SEC filings, and over four hundred free lessons.
Today's headlines
BTU Additional Details Regarding Recent Acquisition (accessnewswire.com)
U.S. IPO Weekly Recap: SpaceX Completes Record-Breaking $75 Billion IPO And Trades Up 19% (seekingalpha.com)
Start with a lesson
No account needed — the lessons are free. Begin with how the market actually works, in plain English, a few minutes at a time.
From the reading list — Book
Clayton M. Christensen: “Innovator's Dilemma”
On this date
1933: Redlining is born
Today's reading
Term Sheets: What Founders Give Up and Investors Demand.
Markets
S&P 500 — up 0.54% on the day.
What’s new
- Patent applications by public companies, trackedA new directory tracks recent USPTO patent applications for covered companies — an early read on where R&D money is pointed. Honest labeling throughout: applications, not granted patents. Free USPTO data.
- Keep a note on every book — and publish the ones worth sharingEvery Ledge Reads entry now has a private notes box: jot what stuck with you, and it stays yours. Flip a note public and it gets its own page plus a custom share card where your words are the headline. Private by default, reversible anytime.
- LEARN grows: 529 plans, retirement drawdown, and deeper lease accountingThree big additions to the curriculum: a 529 education-savings module, a retirement decumulation module (the 4% rule, RMDs, and withdrawal order), and a much deeper lease-accounting lesson covering ASC 842 / IFRS 16 with a present-value calculator. Plus new wash-sale fine print in Tax-Loss Harvesting.