Neil Freiman

New government figures show that the country had more deaths than births in 2025 for the fourth year in a row, while its birth rate fell to a record low.

The government, which for decades instituted a one-child policy to curb population growth, is pulling out all the stops to reverse what it considers an existential crisis.

They're paying cash to couples and subsidizing housing.

They've tried to introduce a quote, childbearing culture,

And they even placed a 13% tax on condoms.

None of it seems to be enticing people to have kids.

And this population crisis is happening all over the world.

It is quite light compared to that.

But Toby, I will say if someone handed you, you know, $90 billion to play with, I think you could match these returns because apparently it was just a very easy year for hedge funds last year.

Rick Sofer is the senior advisor at Edmund de Rothschild, which is the firm that oversees these rankings, said everything worked for hedge funds last year.

Equities worked, macro worked.

The pods found ways of making money.

It was pretty straightforward.

Making money is pretty straightforward.

All right, last night, Indiana University's football team capped off one of the most improbable runs in sports history.

Just a few years ago, the worst team in college football, a school that has racked up more losses than any other in the sport

Indiana defeated Miami to win the national championship, turning coach Kurt Cignetti and quarterback Fernando Mendoza into immortal legends in Bloomington.

Perhaps the writing was on the wall at Cignetti's introductory press conference in 2024.

Responding to a reporter who asked him how he'll get top recruits to come to Indiana, Cignetti replied, it's pretty simple.

I win.