Goldenbrick

[Goldenbrick @Goldenbrick8]

Some keys: Buy cheap, sell high, 4 Edges, Process, Value, Moat? Optionality, Margin of Safety, Base rate, Contrarian, 2nd-order, size & # of compet, Esoterics, Lindy, shovels, conf bias, compound, cyclicality, invert, what do ppl hate, is out favour, supply and demand, debt

[Goldenbrick @Goldenbrick8]

@TheRealEstateG6 Are you finding it very hard to scale your business?

[Goldenbrick @Goldenbrick8]

@dieworkwear @ebreeeezyyy In some circles ppl do care. The fact there is such a big debate means that many ppl do care. A lot of ppl lie and say they don’t care about these things but they actually care it’s just most ppl are smart enough to not admit that they care to not sound superficial.

[Goldenbrick @Goldenbrick8]

@internpierre @samazz55 @ogbogu_ Never is a stretch. In the short term it cant, because Africa does not have enough wealth for it to happen but when/if Africa becomes wealthy enough it could, especially since emerging markets at the beginning of major growth overspend on luxuries compared to developed world.

[Goldenbrick @Goldenbrick8]

@PinkPoloShorts Not sure I understood could you please explain what you meant, seems super interesting distinction.

[Goldenbrick @Goldenbrick8]

@TheIcahnist James Simons or Ed thorp

[Goldenbrick @Goldenbrick8]

@TheRealEstateG6 Do you think it’s the ppl or the algo? Anecdotally I see less content from the smart positive content I used to get a while back. Not sure if those ppl are posting less. Are you posting less for example? cause I get less of your content than I used to it feels.

[Goldenbrick @Goldenbrick8]

@NaijaFlyingDr most will have a family office which as you said invests in REITs, in dedicated real estate pe funds. Some might have in house team that invests like a real estate pe fund, some are part of syndications. Some do individual but commercial RE. Since you can buy offices for $100m+.

[Goldenbrick @Goldenbrick8]

@Spotify has what’s new disappeared?

[Goldenbrick @Goldenbrick8]

@Collateral_com Those are great ones! where there’s a decent amount of content since they wrote books that could be worth exploring in RE: Jorge Perez of related, Frances Greenburger, and the Reichmans. Ppl behind JMB realty, Richard rainwater, William e Simon also potentially good.

[Goldenbrick @Goldenbrick8]

@Collateral_com Such good content, t Boone Pickens as well! Can’t wait for Zell and the rest of the!

[Goldenbrick @Goldenbrick8]

@moseskagan God bless you!

[Goldenbrick @Goldenbrick8]

@moseskagan I found it to be the opposite, when ppl are older they have more obligations so they no longer focus on flexing but on important things for their family, hence when older you no longer have to compete and be the coolest person you can just focus on key things like work and biz.

[Goldenbrick @Goldenbrick8]

@TheRealEstateG6 Regarding aggressively scaling a business are you talking about most businesses or referring to scaling a real estate biz, fund like what you are building?

[Goldenbrick @Goldenbrick8]

@TheRealEstateG6 Hi hope you are well, could you please remind why in pick your markets the criteria is to go for 6 percent min as a cap rate?

[The Real Estate God @TheRealEstateG6]

“Is BRR a good strategy?”

BRRR isn’t a strategy. It’s a way of realizing value once the value has been created

The actual strategy is in how you create the value

//thread//

[Goldenbrick @Goldenbrick8]

@realEstateTrent Ppl are just getting to grips with how A.I. works especially in non tech firms, there is resistance currently. + job losses might not happen with incumbents firing ppl but by smaller firms who are leaner and utilise A.I. they might make some big companies disappear. Let’s see

[Goldenbrick @Goldenbrick8]

@ItWasTheMoops @TheCinesthetic Agreed was gonna say this one too!

[Goldenbrick @Goldenbrick8]

@TheCinesthetic I am the one who knocks

[Goldenbrick @Goldenbrick8]

@TheCinesthetic The matrix for sure