Husband & Dad. Problem Solver/Practicing Attorney/youth sports coach. State Assemblymember, 2016-2022. Partner @CMPublicAffairs

San Luis Obispo, CA
Joined June 2012
10 numbers every investor should know by heart: 6.9% Real annualised return of stocks over 200 years. After inflation. 72 Divide by your return rate = years to double your money. At 8%: 9 years. At 12%: 6 years. 40% Of your total long-term stock return comes from reinvested dividends. Spend them instead and you burn 40% of your compounding engine. 2% Average annual inflation. Over 30 years it cuts your cash’s purchasing power in half. Over 50 years it destroys 73% of it. 10 The number of best trading days per year. Miss them over 20 years and you lose half your returns. Most fell during bear markets. 0.98 Correlation between S&P 500 and earnings growth over 30 years. In the short term, sentiment rules. In the long term, fundamentals always win. 4% Safe withdrawal rate in retirement. Historically lasts 30+ years without running out. −14% Average intra-year drawdown of the S&P 500. Every year. Normal. Expected. Ignore it. +36.4% Average S&P 500 return in the 12 months after a midterm election year bottom. The most reliable seasonal pattern in markets. 100% Percentage of 20-year rolling periods that delivered positive real returns. Every single one. In 150 years of data. Save these. They are worth more than most financial advice you will ever pay for.
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Jordan Cunningham retweeted
Christian McCaffrey's grandpa was the fastest man on Earth, and at the 1960 Olympics he was quietly helping the CIA try to flip a Soviet athlete. That's the family tree behind this jersey swap, and the rest of it is even better. His name was Dave Sime. He showed up at Duke on a baseball scholarship as a premed kid, taught himself to sprint by reading every track book in the library, and in 1956 he tied the world record in the 100-yard dash. Sports Illustrated called him the world's fastest human and put him on the cover. At the Rome Olympics he lost the 100 meters in a photo finish and took silver. On that same trip he was working on getting a Soviet long jumper to defect. Pro baseball teams wanted him and the Detroit Lions drafted him, but he went to med school and spent his career in Miami doing more than 10,000 eye surgeries. Then his youngest daughter Lisa went to Stanford to play soccer and fell for a wide receiver named Ed McCaffrey. Ed played 13 years in the NFL and won three Super Bowls, the first one with the 49ers. Ed and Lisa had four boys, and all four played big-time college football. Max played receiver at Duke, the same school where his grandpa set records. Christian was the Heisman runner-up at Stanford. Dylan played QB at Michigan. Luke, the youngest, was a quarterback at Nebraska who transferred to Rice, switched to receiver, and got drafted 100th overall in 2024. Three of them made the NFL. Christian had played with or against every brother except Luke, which is why he said going into Monday that this game would complete the cycle. Luke has one thing on his famous brother too. He ran a 4.47 forty at the 2024 combine, and Christian ran a 4.48 back in 2017. So the fastest McCaffrey brother, by one hundredth of a second, is the kid who spent most of college playing quarterback. The 49ers won 23-17 and Christian punched in two touchdowns. After the whistle Luke was already out of his Commanders jersey while Christian pulled off the one with the captain's C. The man who said no to the Lions ended up grandpa to three NFL players. He died in January 2016, before any of them had played a down.
Very cool for Christian and Luke McCaffrey to swap jerseys at the end of MNF. First game they've ever played in together.
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Parkinson’s Law – Why the State Bureaucracy Grows When the Work Shrinks In 1955, a British naval historian wrote a joke for The Economist. Seventy years later, it remains one of the most accurate descriptions of the modern state ever written. Everyone knows the slogan: work expands to fill the time available. Almost no one knows the mechanism underneath it. That mechanism explains Europe. 1. The evidence. Between 1914 and 1928, the Royal Navy lost two thirds of its largest warships. Over the same years the Admiralty – the office that ran the ships – grew by three quarters. There were fewer ships and more men behind desks. Then there was the Colonial Office, which kept growing while the colonies left one by one. It was hiring while the empire was shrinking. 2. The first mechanism. An official who feels overworked has three choices. He can resign, he can share the work with a colleague, or he can ask for two subordinates. He never chooses the colleague, because a colleague is a rival. Two subordinates are a rank. So one tired man becomes three. Then each of the two subordinates feels tired. 3. The second mechanism. Seven people now do what one did, and they keep each other busy with drafts, approvals, and comments on the approvals. Everyone works hard, and nothing is produced. You have been in this meeting. You have been copied on this email. You have watched three people sign the form that one person filled in. 4. The law of triviality. Parkinson noticed that a committee will approve a nuclear reactor in minutes, because nobody understands it. The same committee will debate the bicycle shed for an hour, because everybody does. Bureaucracy does not avoid the important question by accident. It avoids it by design – the small question carries no risk, and on the big one, someone’s name goes on the decision. 5. The ratchet. A business that fails closes. A department that fails gets a bigger budget, because the problem is now bigger. Failure is the bureaucracy’s best argument for itself. This is why the state never shrinks on its own: every problem it does not solve becomes a new office for solving it. 6. The civilizational lesson. Burnham described the managers taking over. Parkinson showed how they breed. Put the two together and you get Brussels. You get France, where the state spends more than half of everything the country produces and still cannot fix a hospital. This is not because the people inside are wicked. It is because the machine works exactly as Parkinson said it would. 7. The vindication. Parkinson was dismissed as a humorist. Then Milei cut Argentina’s ministries in half – and the country did not collapse. It barely noticed, except on the bill. The lesson is simple: you cannot reform a bureaucracy by asking it what to cut. It will always propose to cut the ships – and hire someone to manage the cut.
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Sucks for historical records but objectively, a 154 game season and longer playoffs would be better for the sport and TV revenue
MLB has proposed returning to a 154-game Regular Season, best-of-seven Division Series, and opponent selection in the Wild Card and Division Series Starting in 2029, shortening the season to a 154-game schedule would create a standard weekly off day benefiting player health, and it would allow the addition of up to 8 more Postseason games by moving to a best-of-seven Division Series format Beginning in 2027, higher-seeded clubs in the Wild Card and Division Series would select their opponents
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The UC and CSU system needs to change course. When the professors are telling you that a huge percentage of students are not even minimally prepared in math… and virtually every other university has gone back to SAT/ACT… time to wake up. apple.news/AlN3kwjAgTYqDQPUu…
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This is the best thing I’ve read in a long time. Brought a grown man to tears. Thank you @Leah2Go
On Friday, Yale announced that Tony Reno had died. On Saturday, Dante Reno ran through the tunnel for the first time after his father’s death - he threw for 298 yards and four touchdowns to lead the Bulldogs to a 41-24 win over Merrimack.
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Jordan Cunningham retweeted
A tribute to a legend. 🕊️ Prior to the start of today’s game, the Yale Athletics community honored Coach Tony Reno. #ThisIsYale
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Jordan Cunningham retweeted
In Memoriam: Former Football Head Coach Tony Reno 🔗 Release ➡️ bit.ly/4jBlxOP
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Yes!
Who’s a former catcher that we barely hear about in 2026? I’ll start. Benito Santiago
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Jordan Cunningham retweeted
Want purpose? Fatherhood may help: 59% of men without kids say they understand their purpose in life, vs. 72% with one child, 79% with two & 83% with three+. Kids give life meaning. Source: Dr. Stephen Cranney @FamStudies
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Jordan Cunningham retweeted
Is there anything in the world cooler than hitting a homer in front of 45,000+ chanting your name?
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Jordan Cunningham retweeted
The Mason Miller intro is even cooler in the playoffs
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Jordan Cunningham retweeted
Put a microphone in front of Munetaka Murakami and let the magic happen
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Jordan Cunningham retweeted
Fernando Tatis Jr. homered on the first pitch of a playoff series, and it still wasn't the coolest thing he did tonight:
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Jordan Cunningham retweeted
🚨🚨AN ALL-TIME GREAT SPEECH🚨🚨 #Bears QB Case Keenum delivered an EMOTIONAL locker room speech after leading Chicago to a massive win over Philadelphia. “This is a special night. This means a bunch to me, man. This was taken from me a lot of times.” “To have him call me and bring me back the love of the game again… To have my family, my kids get to watch. I get to do it with this family right here.” “I’m telling you, we got something special here, man.” “Next man up mentality.” “I’m telling you guys, this is a special group led by a special man.” Keenum poured his heart out to his teammates. Absolutely incredible. ❤️
🚨🚨ELECTRIC🚨🚨 #BEARS HEAD COACH BEN JOHNSON JUST GAVE AN ALL-TIME POSTGAME LOCKER ROOM VICTORY SPEECH. “THAT’S WHAT GOOD TEAMS DO. THEY GET PUNCHED IN THE MOUTH, AND THEY COME BACK OUT AND RESPOND THE RIGHT WAY.” THE BEST COACH IN THE LEAGUE. 🐐🐐🐐
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Jordan Cunningham retweeted
Ithaca is calling. ☎️ #Team153 | #ThisIsYale
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Jordan Cunningham retweeted
This is going up on my office wall
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