Wah she took woman's natural ability to argue any and every point into oblivion and monetized it and now she's using it on me and I'm a big baby who can't use words to combat ms lawyer pant suit 😭 …
Theres some silverfish on here saying not to date lawyers… look man if your tongue isn’t more silver than hers it doesn’t matter what profession she is mortician sales associate assassin double agent veterinarian Stanley steamer or gutter cleaner you will struggle to own her
Live below your means and lower than that if possible and stack bread like Pepperidge farm get side hustles door dash sell plasma sell Pharma etc for that cold hard cash
You’d have to see exactly what they’re holding to make any meaningful assumption about the private market but yes a day of reckoning is coming to the overleveraged and over financialized (trading paper this and derivative that)..
In the coming years be keen on living lean
That's insane.
Another crack in private markets.
Private equity executives are now taking out personal loans against money they haven't been paid, and might never be.
Here's the mechanic. A PE manager's big payday is "carried interest," their cut of a fund's profits. But it only pays out when the fund sells its companies. With exits frozen since 2022, that payday keeps getting pushed further into the future.
So they're borrowing against it. Going to specialist lenders and pledging their forecasted, unrealized future profits as collateral for cash today. A mortgage backed not by a house, but by a promise of gains that haven't been realized.
And the demand is exploding. One London broker fielded 459 inquiries in the first half of this year, up from 134 a year ago. They say they've never seen demand this high.
Sit with what that tells you.
These are the people closest to the assets. The insiders who know exactly what their portfolios are really worth. And they would rather borrow against their carry than wait for it to pay out.
When the people who built the machine start pawning their share of it for cash now, they're telling you something about how confident they are the exits are coming.
Stack it up. Partners Group's worst day since 2006. Blackstone gating withdrawals. And now the GPs themselves levering up personally to get liquid.
The fund is leveraged. The portfolio companies are leveraged. And now the executives are leveraged too. Three layers of debt stacked on the same illiquid, unrealized value.
The canary isn't just singing quieter. It's borrowing money to keep the lights on.
Yea great mainstream wisdom is cool but you have two eyes and very often you will see things that fly in the face of the common opinion Like a piece of paper that has traveled through may hands and lands the original meaning is often diluted evaporated and sprinkled with sugar
Eat beans and legumes walk do low intensity exercise with some high intensity sprinkled in find people who like you hang out with them drink socially and have a REASON for getting up
Will to live mogs (lol) any peptide out there
Bryan Johnson is selling supplements
nothing more nothing less. Introducing peptides to his audience. Thats what all that blood work is for… peddling nonsense results to people who “don’t trust mainstream media” but who are still rambunctious idiots anyway.
“That age between 18-24 is a dark place for many”
I was having a ball getting detained at border crossings, living off the land, strolling the halls of one of the best academic institutions in the world
Young men, out of any other demographic, are by far the least appreciated and loved by both society and women.
Only another young man can truly understand the pain we go through navigating this world.
That age between 18-24 is a cold and dark age for many. At this age guys are really just seen as disposable and have to work extremely hard to leave their mark on the world.
These people only care about you as long as you got motion. As long as you can get bands and get fans and jets and if you don’t then you might as well be a dead man.
We’re not unconditionally loved like women and children, but we’re also not even materialistically loved like older men who’ve had time to build up their wealth and ability to provide.
While you sit idly by and watch women your age get handed everything just for existing, you are forced to confront the cold silence of how replaceable and meaningless you are in this world to everyone else.
I’m with you and love you. You will get through it.
Lolz ASML, Mercedes Benz, Spotify, SAP, Dassault.. in particular, ASML has a de facto monopoly on lithography equipment and without that you have no computers, iPhones etc. what is this guy talking about.
Peter Thiel: Europe will never have massive tech companies because they fear success.
"In Silicon Valley, there's this pornography of failure. You talk about all your failures, and this somehow means you're going to succeed."
"In the social democratic European societies, it's acceptable to be moderately successful, it's not acceptable to be wildly successful. If you have a successful company that's starting to grow, it will get short-circuited, and you'll sell the company. You'll never get to an enormous company if you sell it along the way."
"The single most important decision in the history of Facebook— summer of 2006. It was two years into the company. We got an acquisition offer for $1B from Yahoo to buy the company. There were three of us on the board— Mark Zuckerberg, myself, and another VC. We had a meeting to decide if we should take the $1B."
"The two of us thought it was a lot of money, we should maybe take it. Mark started the board meeting— 'this is a pro forma thing, we're just going to talk about this for 10 minutes. Obviously we're not taking it.'"
"Any super big tech company is one where you've been offered multiple times for people to buy it, and you've chosen never to sell it. You're not that afraid of success."
"In Europe, the answer is to check out sooner rather than later and go back to the decade-long vacation that people are on in Europe."
Rug pulls don’t just happen in crypto the stock market is rife with over priced hot air market cap at 100-140x revenue? What is spaceX the next gasoline?
SHORT
Buffets right and I’ll go a step further by investing in and selling the inputs that go into a mars candy bar… “space”companies come and go, chocolate bars are relatively recent, but wheat, corn etc has been bought since the wheel
.@elonmusk made Warren Buffett’s entire net worth in one day.
Peter Thiel predicted why Buffett’s logic was flawed 13 years ago:
“He’s become the richest man in America by avoiding technology.”
“Would you rather invest in a spaceship company going to Mars or a Mars candy bar?”
“And when people live on Mars, they’ll still be eating Mars candy bars. Spaceship companies will come and go, so you should only invest in candy bars.”