This underscores why transparency & clear communication are so important. As a candidate for president, I am committed to providing honest reporting and strong oversight of our finances—because every member deserves both the facts and the confidence that our resources are managed effectively. #NABJ

Such a result in 2024 would not only be record-breaking for NABJ, but also highly unusual in the broader investment world.

Normally, an achievement of this magnitude would be celebrated publicly—yet I’ve seen no announcements from leadership, nor mention of a significant increase in our net assets

For context, our investments in the first three years, based on the organization's legally binding tax returns filed to the IRS, badly underperfomed the stock market:

2021: +2.1%
2022: -10%
2023: +8.5%
#NABJ #FinancialTransparency #StrongerTogether #LeadershipForEveryone #GoinWithRabouin

NABJ's investment managers delivered returns that beat just about every professional money manager in the United States - and likely in the world - by a wide margin.

#NABJ #Accountability #FinancialTransparency #StrongerTogether #LeadershipForEveryone #GoinWithRabouin

To achieve a 12.5% average return over those four years, NABJ would have needed to post a 60.6% gain in 2024 alone. That's not just good, it more than DOUBLES the return of the U.S. stock market and means that...

Another burdensome regulation holding back the American engine of commerce!!!!

Keep this in mind the next time someone tells you that companies HAVE TO raise their prices. They do not.

If they knew that customers wouldn't accept price increases and would change their buying habits, the companies would eat the costs of tariffs or inflation or anything else, because that would be in the best interest of shareholders.

Companies raise prices because they want to make more money. Many use things like the worry about tariffs as an opportunity to raise prices even more because they know the public expects prices to rise.

They could eat the cost of the tariffs and still make lots and lots of money while also upholding their fiduciary duty to shareholders.

Many companies that are raising their prices are making billions of dollars in profits each quarter, have billions more in available cash and use even more billions to buy back their stock and pay their top executives and boards of directors.

This idea that there's some outside compulsion, from the government or otherwise, for companies to raise their prices is complete fiction.

Sometimes it's best for a company to lose money or even increase its losses. Amazon did this for years and its stock price rose and rose. When Uber went public, the company said it had NO plan for profitability and warned that it might never turn a profit.

But there are times when it isn't in a company's best interest to raise prices or even to seek higher profits or revenues during a given period.

Acting in the best interest of shareholders can sometimes mean raising prices to account for expected cost increases, because of things like inflation or tariffs. Since tariffs are a kind of tax on imports, they increase costs for the purchase of things that come from certain foreign countries

Public companies have a responsibility to act in the best interest of their shareholders. That doesn't mean profits have to go up every quarter. It doesn't necessarily even mean profits need to go up at all.

In Tre's mind, publicly traded companies' fiduciary duty means that they are compelled by law to raise prices whenever possible and to increase profits every quarter. That's not true. Never has been.