Another TBB post featuring the most eclectic links around the web such as Wall Street traps, AI distorting everything, Hantavirus cruise nightmare, missing Spirit Airlines, investing during uncertainty, AI hyperscalers spend binge, Vladimir fraudster gets busted, more magical Artemis II photos from NASA, more on the sub-2 hour marathon triumph, the best photography links and of course always all of the most important developments in the crazy world of frequent flyer miles and points at the lower half of the post. And much more. Enjoy the weekend.
Blog Mission: To Educate. Entertain. Inspire. In That Order!
Support TBB by applying for CREDIT CARDS or Buy Me a Coffee or click on LINKS
If you like my blog please subscribe and share it
No clickbait. No ads. No algorithms. No sponsors. No AI. No paywalls.
Follow me on Instagram and Subscribe to my YouTube channel
This blog started way back in 2012 focusing on my crazy hobby addiction of traveling with frequent flyer miles, hotel and bank points. It has since evolved to curated posts featuring the best web content along with my commentary.
This blog stays in business with clicks ONLY from readers for credit cards and coffees. You can always get to my credit card links by clicking on “CREDIT CARDS’ at the menu on the top of the homepage or the “We make finding a new credit card simple” banner on the right sidebar. Or, preferably, you can receive new offers in your email inbox by signing up to receive alerts HERE . Or just email me.
BLOG HOUSEKEEPING
This is truly a one man labor of love operation, enjoy it while it lasts.
First big life change revealed: My wife is retiring from Ford Motor Company, her last day of work is June 30, 2026. Not going to make a difference here in the blog, unless she applies for an open internship position. The job interview will be intense because blog management is only looking to hire the best. My kids say I laugh at my own jokes, it is true lol.
More changes coming soon. The blog will stay on someway somehow but going to be different, stay tuned.
QUOTE OF THE WEEK
“Always beware the man who stops digging for gold and starts selling maps to the gold mine”
MUST READ GEMS
One of the best photo collections I have posted here in my own biased opinion:
Photo contest finalists tell stories of the planet’s natural wonders and the people who study them

PERSONAL FINANCE
Great read: How Not to Invest During Times of Uncertainty. Especially two really bad ideas that always pop up during such times, market timing and portfolio concentration (on what’s currently hot).
We have an incredibly strong instinct to act and to do ‘stuff’ – don’t just sit there, markets are moving! For investors that often means trying to make predictions about what happens next. While the urge to do this can feel irresistible, it flies in the face of the evidence about what is likely to work for us over time.
Being diversified means owning things that are performing poorly and that, in certain environments, we should expect to perform poorly. It is incredibly difficult for investors to embrace this idea – we just want to hold the good things that have been working.
The sense that markets are unusually uncertain is the time when behavioural discipline matters most, but also when we are highly likely to abandon it. Market timing and portfolio concentration feel right, but really they are just the easy options that make us feel good, while being very unlikely to work.
Needless to say I agree 100% with the above. So, diversify!
Lots of good sensible advice in this as well: Wall Street Trap. Remember, Wall Street is not your friend.
For almost 100 years, the data has been clear that stock-picking is counterproductive.
Over the past 10 years, fewer than 15% of funds benchmarked to the S&P 500 managed to beat the index.
…the accuracy of Wall Street prognosticators is approximately zero.
[many of the new funds]…funds were overpriced to the point that their expected return was actually a bit below zero. How were they able to market such an inferior product? Henderson’s hypothesis was that the fund companies designed them to be intentionally as complex as possible in order to exploit individual investors.
CRYPTO/TECH/SCAMS
Remember when I posted about this guy who managed to scam a Mexican billionaire? And I wondered out loud why is this guy still out free. Well, justice caught up with him and is now behind bars: Lender Who Used Astor Family Name Is Charged With Fraud. Vladimir Sklarov, who operated under several identities, offered loans to company founders who had wealth locked up in stock.
This guy is a piece of work smh:
In spring 2021, Sklarov, a Ukrainian-born American, negotiated terms to extend a $115 million loan to Ricardo Salinas Pliego, one of Mexico’s richest men, the Journal previously reported…Sklarov, calling himself Gregory Mitchell, and another man, calling himself Thomas Mellon, allegedly told Salinas Pliego’s representatives that the Astor family would be funding the loan from an entity called Astor Asset Management…Astor on its website said it was built on the highest principles of John Jacob Astor, the German-born fur trader who was credited as America’s richest man when he died in 1848…The loan to the businessman was secured with around $450 million worth of stock. Sklarov paid Salinas Pliego the proceeds of the loan from the stock, which he sold without telling the Mexican billionaire, the grand jury alleged. Sklarov and others then kept the remainder of the proceeds, according to the indictment…The money was sent to multiple accounts controlled by an unnamed co-conspirator, according to the indictment. From there, it was sent on to Sklarov, Sklarov family members and others.
His first big financial success came from his role in an alleged Medicare fraud, and he later said he turned $1 million into $60 million by investing in real estate…Names of companies he used to advertise the lending included Bentley Rothschild, Cornelius Vanderbilt Capital Management and Shearson Lehman.
Mind blowing graph showing: Battery costs have declined by 99% in the last three decades, making electrified transport a reality.
Another amazing investigative article on New Orlean’s Car Crash Conspiracy. High-speed accidents, crooked lawyers, and poor people desperate for cash—it was the kind of scheme that could have been cooked up only in the Big Easy. Definitely in a different league than the Vladimir dude above.
AI
Yes you were not mistaken. The money spent on AI is mind blowing: What I Learned about Hyperscalers’ AI Spend.
The four biggest hyperscalers reported earnings this week. Microsoft, Meta, Amazon, and Alphabet collectively told investors they will spend roughly $700 billion on capital expenditures in 2026. That is nearly double what they spent in 2025. Three of the four raised capex guidance during this week of reporting. Only Amazon held its number, and only because it had already published a $200 billion forecast in February 2026
The headline says hyperscaler capex is roughly doubling. The platform shift to a new tech stack is real. AI revenue is growing fast. None of that is wrong. What is also true is that funding is increasingly off the balance sheet, that supplier relationships are being prepaid, that lease commitments are being deferred for as long as accounting rules allow, and that a meaningful portion of the AI revenue and AI investment gains are flowing in a circle through the same small set of AI labs. The platform shift is real. AI engineering is real. So is the financial engineering. Let the good times roll.
This is pretty much what is going on these days: AI Is Distorting Practically Everything About the Economy.
Until recently, artificial intelligence was a welcome tailwind for U.S. growth. We’re beyond that now. AI is more like a hurricane-strength weather system making itself felt across the entire economy. It is distorting the stock market, profits, the speed and composition of economic growth, trade and even our moods—especially about the job market.
AI thus feeds the disconnect between what the data say and how people feel. It lifts the spirits of businesses and investors, while doing the opposite for ordinary workers.



Leave a Reply