It’s Saturday. You crushed investment fees to nearly zero. Now taxes quietly eat over a third of your wealth. We break down how to keep more.
Plus, the muscle that makes men look strong, why eye-rubbing wrecks your cornea, and bourbons that drink like $100 bottles (forwarded this email? Join 523k readers).
TOP STORY TODAY
Taxes Beat Fees
You won the fight against investment fees. The next battle is taxes. New research shows federal taxes quietly eat more than a third of an investor's wealth over time, even as fund fees have dropped close to zero.
A former BlackRock executive ran the numbers. From 1926 to 2025, US stocks returned 10.5% a year before tax but only 7% after. Over the latest 30-year stretch, 36% of final wealth went to the federal government. How to keep more of what you earn.
The bigger trap is trendy "income" funds. One popular ETF returned 41% before tax but just 16% after, meaning the IRS out-earned the investors. The fix: favor low-cost index funds, hold for decades, and chase the highest after-tax return. Five ETFs that fight tax drag.
The Buy Build Wait Billionaire
The richest owner in sports just proved patience beats hype. Stan Kroenke's Arsenal won the Premier League this month, his teams' fourth major title in five years. His playbook came straight from real estate.
Kroenke, 78, made his first fortune building Walmart-anchored shopping centers, then poured it into land. He now owns 2.7 million acres, more than Bill Gates or Ted Turner, with ranch holdings alone valued near $4 billion.
His rule is the same in every arena: buy quality, build slowly, and wait out the doubters. It took six years and over $1.25 billion to make Arsenal champions. The lesson for investors: time in beats timing.
AI Good Will Hunting
An OpenAI model has solved a math puzzle that stumped humans for 80 years. Announced May 20, the AI cracked the unit distance problem on its own, with no mathematicians scribbling equations to point the way.
Paul Erdős set out the problem in 1946, betting no arrangement of dots could beat a simple grid at creating pairs exactly one unit apart. The model disproved him, finding a smarter arrangement nobody had imagined in eight decades.
The job took under 32 hours and roughly $1,000 in computing. The model's reasoning ran past 75,000 words, longer than the first Harry Potter book. Researchers are already borrowing its methods to attack other unsolved problems.
TOGETHER WITH FOODHEALTH
A Dietician In Your Pocket for Groceries
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TODAY’S LIFE ADVICE
Which Muscle Makes You Look the Strongest
One muscle makes a man look strong before he speaks: the upper trap, or yoke. It builds visual mass, shoulder stability, and force transfer. Shrugs won't get you there.
Train it three ways:
Farmer's carries: heaviest dumbbells you can hold, walk slow, 30 to 40 seconds per set
Hang clean to push press: 3 sets of 8 to 10, heavy enough the catch feels real
Alternating dumbbell snatches: 4 sets of 5 per arm, explosive
Fighters and wrestlers build the yoke without ever touching a shrug. The full breakdown shows you why.
Why You Should Never Rub Your Eyes
That satisfying eye rub is riskier than it looks. Done often, it can scratch your cornea, spread infection, or thin it into a cone, a condition called keratoconus.
Reach for these instead:
Artificial tears, even better chilled in the fridge, to rinse allergens, calm the itch
A cool compress on closed eyes instead of rubbing
Skip the "get the red out" drops; try allergy drops if the itch persists
Nearly half of all eye itching traces to one fixable cause. The doctors break down which drops actually work.
TRENDING
What to Do This Weekend
▲ Bourbons under $50 that drink like $100 bottles, perfect for upgrading this weekend's old-fashioned without the splurge
▲ Spider-Noir lands on Prime with Nicolas Cage chewing scenery, the gritty couch watch once for Marvel adults
▲ Watermelon feta salad from Kenji López-Alt, a forgiving five-minute side that makes any backyard cookout look intentional
▲ Mandalorian and Grogu is in theaters, the rare blockbuster you can take the whole family to this weekend
▲ Paul McCartney drops new solo album The Boys of Dungeon Lane, your weekend listen sorted
TOGETHER WITH SLACK
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Fun Links
Rome’s victory, won by a backpack [Story]
AI that writes your emails [Partner*]
Pizza Hut brings back the 90s [Blog]
Best supermarket wines, ranked [List]
Glenn Powell’s gym and fridge [Video]
Why traffic jams happen so often [Blog]
Why Nate Bargatze is a clean comic [Video]
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