I don’t think being at the ‘06 Rose Bowl for the championship will ever be topped for me. I graduated spring ‘05, and my girlfriend, now wife, was a senior and won tickets through the student lottery. We bummed a spot on my best friend’s (SC student) floor in LA for a couple days. It’s still hard for me to believe the whole experience.
@MarkAllenGREA I can't tell you when, but at some point in the future people will look back and realize they should've been doing what Saylor is doing... selling shares of MSTR to buy Bitcoin. That is, if you believe in BTC to begin with. If you don't why own MSTR?
@LeylaKuni 100% Anytime I see AAR I feel they’re either hiding something or they don’t understand high school level finance. Neither of these gets me excited to invest. Impossible to capture the whole picture into any single number.
@MultifamilyMark They’re to pay the prior owner (who filed the covenant) the 1%? It sounds like this is set up similar to restrictive covenants you see for HOAs in Texas, is that right?
@credealjunkie Hmm, I'm not experienced with LP's that behave this way. Hard to rationalize their goals and risk tolerance. No sponsor capital and high fees is a combination I do not like. The tradeoff of no carry/disp fee I could rationalize, but I would only pursue if sponsor had skin in it.
@WealthCoachMak How do you determine whether to sell naked put vs. selling a vertical? Selling the vertical automatically limits the downside and provides a better ROI on collateral. With better ROI wouldn't you be able to scale number of verticals to even out premium collected?
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@OriginalTuna@melroseadam@realEstateTrent These folks should also hedge against interest rates… it’s the same answer of what the bank should’ve done. It’s the unpopular answer because it costs money that would otherwise go into the owners’ pockets.