Locator: 49748DALLAS.
Updates
January 19, 2026: a reader sent this in response to this post. I have no plans to invest in TEXN but that decision. -- not to invest in TEXN -- has nothing to do with politics, or concerns with BlackRock's involvement. Even if Trump himself was behind TEXN I wouldn't invest in such a "narrowly contrived" ETF. But I would certainly look at the top 20 holdings in TEXN something I do with any mutual fund or ETF that might catch my attention.
Original Post
Ticker TEXN:
Compare with BRK-B:
************************
Texas Economy
One of the more fascinating stories: all the companies moving to Texas. Relocations tracked here.
This past week, another story, link here. A Kansas drone company establishes a manufacturing and consolidating operations in Texas, in a suburb of Dallas.
Last year, link here:
*********************
Fourth (Sixth?) Industrial Revolution
One of the best histories / summaries of the 19th century British industrial revolution is chapter 7 in Pathogenesis: A History of the World in Eight Plagues, Jonathan Kennedy, c. 2023. When you read about that industrial revolution, it sounds just like what is currently going on in the states. More on this later, perhaps.
The world's plagues in Britain during the 19th century industrial revolution: tuberculosis and cholera. And, of the two, cholera is the much bigger (and more interesting) story.
