The Labyrinth of Shares: UWM Holdings and the Reflection of Power

The numbers-precise yet fleeting-appear as echoes from a Funes the Memorius who insists on exactness. Mr. Ishbia’s indirect sale, a fragment of a larger clandestine universe, reminds us that ownership is-to-be-seen-through the prism of a single entity. The “weighted average”-a phrase that whispers of averages and infinity-anchors this act in the realm of the mundane, yet it hints at deeper calculations-that of desire, influence, and the elusive boundary between control and relinquishment.




