Read Buffett’s LP letters when he shut down his partnership. People weren’t stupid back then either.
But they got really stupid again when sentiment shifted. Stupidity cycles. 🤷♂️
Read Buffett’s LP letters when he shut down his partnership. People weren’t stupid back then either.
But they got really stupid again when sentiment shifted. Stupidity cycles. 🤷♂️
Uhh…would not suggest this.
Easily more than $200k/yr in house expenses before you’ve maintained a thing.
Even if you “Cardone” your way to $4.9m in invested assets, you’d need a 4.5% cash flow yield after taxes to cover the house.
Hopefully this is a satire account.
Uhh…would not suggest this.
Easily more than $200k/yr in house expenses before you’ve maintained a thing.
Even if you “Cardone” your way to $4.9m in invested assets, you’d need a 4.5% cash flow yield after taxes to cover the house.
Hopefully this is a satire account.
Airplane Musings:
My first employer out of college was a startup bank. The founding team raised a bunch of equity from institutional firms to go recap crappy banks and redeploy their assets into high-growth markets.
I was early, employee number 17, and took the job over a mega…
Airplane Musings:
My first employer out of college was a startup bank. The founding team raised a bunch of equity from institutional firms to go recap crappy banks and redeploy their assets into high-growth markets.
I was early, employee number 17, and took the job over a mega…
Tried to smash into our Philippine Coast Guard ship
They missed it.
Instead, the China Coast Guard struck their own PLA Navy ship — crippling their own asset inside the Philipppine EEZ. 🚢💥🚢
Now your Coast Guard vessel is busted — inside OUR EEZ.
And yes, we still offered…
Tearing down the Post WW2 myths is now a full fledged “based” activity. You don’t need to know anything, you just need to”morality” on your side. Ignore all the facts, the difficult decisions about sending men to their certain death in a Japan invasion and the intransigence of…
Tearing down the Post WW2 myths is now a full fledged “based” activity. You don’t need to know anything, you just need to”morality” on your side. Ignore all the facts, the difficult decisions about sending men to their certain death in a Japan invasion and the intransigence of…
We’ve started doing in-house QoE lites before engaging third parties for this very reason. You can’t find everything before you bring in 3rd parties (especially if you’re concurrently fundraising), but you may be able to save yourself a bunch of money in exchange for the sweat.…
We’ve started doing in-house QoE lites before engaging third parties for this very reason. You can’t find everything before you bring in 3rd parties (especially if you’re concurrently fundraising), but you may be able to save yourself a bunch of money in exchange for the sweat.…
NNZP thread explaining why I call what we are going thru a “Post WW2 Mind Virus”…..a set of myths and biases that are hard to shake as we exit one regime and enter a new one, like we do every 80-90 years, like clockwork.
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