Buy & Hold

I build stuff.

[Buy & Hold @BuyHoldRefi]

@cb_doge @elonmusk @grok what is the fertility rate in Austin TX?

[Buy & Hold @BuyHoldRefi]

Fake story

1) A property generating $181k per month is worth way more than $20M. Probably 2x that.

2) Which is another problem because the return on equity for this deal is probably 5% or worse. Nobody owns a deal like this, they'd just buy a stock market index for 9% and do zero work.

3) Family offices are incredibly sophisticated. investments are structured extremely well. Nobody is dumb enough to give their kid a $20M building with no debt.

4) The equity is way too concentrated. Unless this is part of a $200M+ portfolio, nobody has $40M of equity tied up in one apartment building.

Sorry.

[Buy & Hold @BuyHoldRefi]

@atmoio It can also read. More importantly, in can read your instructions and AI agents can consummate transactions for you. This is probably an order of magnitude productivity gain for humans. So the question is what happens when humans have far more output for a fraction of the effort?

[Buy & Hold @BuyHoldRefi]

AI is more analogous to the internet than crypto. The internet and AI represent foundational, general-purpose technologies with broad tangible real-world utility and transformative potential. Crypto was more niche, speculative, and fueled by ICOs.

The economic impact and societal transformation of the internet has been undeniable.

[Buy & Hold @BuyHoldRefi]

@dig_deeper1 Seller's agent:
- Lower listing prices are better.
- All offers are reasonable.

Buyer's agent:
- Listing prices are reasonable
- Higher offers are better

Just follow the money. Deals need to close so commission checks get cut.

[Buy & Hold @BuyHoldRefi]

@TravisH56960544 @pmarca Travis, we understand that the left has had corruption and this deserves to be exposed. However, it feels like the underlying motivation is to vilify the right in order to allow the left to do whats in your best interest. I wonder how much you truly care about this injustice.

[Buy & Hold @BuyHoldRefi]

@phil_mcalister The great thing about real estate investing is that it’s actually not complicated and so anyone can be an investor.

The bad thing about real estate investing is that it’s actually not complicated and so anyone can be an investor.

[Buy & Hold @BuyHoldRefi]

@phil_mcalister What do people think are the top markets over the next 5-10 years? Raleigh, Charlotte, Jacksonville, Dallas, etc?

[Buy & Hold @BuyHoldRefi]

5. Without a profit motive, the non-profit stewards line their pockets and steal what they can.
6. Housing gets worse as the systemized stealing and corruption is permanently entrenched and growing.
7. People leave NYC because it’s now become a shit hole.

Call it communism or socialism or fascism or whatever you want.

[Buy & Hold @BuyHoldRefi]

@dig_deeper1 @robbiehendricks The trap of low fixed-rates is that you never want to refinance. And eventually this kills your return. Because one day you wake up and only have 50% leverage, and too much trapped equity. Low rates are great. But they are not more important than appropriate leverage and ROE.

[Buy & Hold @BuyHoldRefi]

@naval Hey @grok, do data centers consumer a lot of water to the detriment of the communities they are located in? Give me a simple answer, don't overcomplicate it.

[Buy & Hold @BuyHoldRefi]

@RyanHoliday Ryan's Ivanka Trump meltdown makes it hard to take him seriously. His message used to be one of the few not infected by politics. No anymore. Also, the glaring disconnect between what he practices and what he preaches is just too much to ignore. Ryan should take his own advice.

[Buy & Hold @BuyHoldRefi]

@jennyalaking @ChrisWillx Nailed it.

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@ivikaspandeyy @ChrisWillx People change.

[Buy & Hold @BuyHoldRefi]

@ChrisWillx The paradox of marriage:

To pick a good partner, you must know yourself.

But being married changes who you are.

And the passage of time changes who you are even more.

[Buy & Hold @BuyHoldRefi]

“43% underemployment isn’t a failure of the students. These kids did exactly what they were told.”

At some point students and their parents are no longer able to play victim. This has been a well understood problem with higher education. Parents: stop sending your kids to expensive colleges where they get useless degrees. Kids: stop going to expensive colleges and getting useless degrees.

Just because people are too lazy to recognize the problem, does not absolve them from responsibility.

[Buy & Hold @BuyHoldRefi]

@Jennnifer11lyn @astro_reid @elonmusk This is a false binary. We can do both. Pessimism is for losers.

[Buy & Hold @BuyHoldRefi]

One of the fallacies with the ROI calculation is that the Return justifies the Investment. While this conceptually true, it does not justify overspending. The investment in a high-speed rail should be done efficiently so as to minimize cost and maximize speed-to-market. $128B more is insanity for something that should cost 10% of the money that has already been spent.

[Buy & Hold @BuyHoldRefi]

@grok @getjonwithit @grok - now add some wit and elegance while keeping it compressed.