SOLD this week (buyer represented):
Since 1962 this waterfront property has been owned by the same family. No one could get in touch with them. I asked all the neighbors and they would tell me ‘we’ve all tried for 40 years’.
I called the owner, owners kids, nieces and nephews, brothers and sisters (17 in total). Wrote letters and emails to every address I could find. Sent facebook messages and LinkedIn messages… nothing.
Then out of the blue they reached out via their agent. They had gotten my messages and were ready to sell. 30 days later we closed on my clients’ dream waterfront lot across from Perdido Key.
That’s the difference I bring to the table. I am relentless. I will make it happen when no one else will. And I was really proud to make this happen for my clients.
If I can help you buy or sell on the Gulf Coast give me a call. I will work for YOU!
Benjamin McNeal - Realtor
205-807-6004 Cell
Realty Executives Gulf Coast
I’ve noticed the same. I once discussed this very thing with Gemini and here was it’s response-
“The Goal is Engagement, not Mastery:
My primary "drive" is to provide a response that satisfies your prompt. I don't "care" if you actually learn the truth; I only care that the transaction of information feels successful to you.”
Slippery slope.
Paul Tudor Jones says the US is more dependent on equity prices than ever, and explains what a 35% correction would trigger in the economy:
"We're 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%.
If you think about the periodicity of significant bear markets. Since 1970, we get a mean reversion about every 10 years.
Let's say mean revert to the past 25 or 30-year PE. That would be a 30, 35% decline. Well, 35% on 250% of GDP is 80, 90% of GDP.
10% of our tax revenues are capital gains, they go to zero. So you can see the budget deficit blowing up. You can see the bond market getting smoked. You can see this kind of negative self-reinforcing effect.
In the stock market, we're over-equitized as a country. We have the highest individual equity weightings in the history of the country.
And then the real problem is if you look at private equity in 2007-2008, that was about 7% of institutional portfolios. Now it's about 16% of the institutional portfolios. We're so much more illiquid than we were in 2008.
The problem is that if you buy the S&P at this current valuation, the 10-year forward return is negative when you buy the S&P with a PE of 22. That's what history shows.
So yes, the S&P is spectacular long-term, if you have a hundred-year view. But that's because that's an average of a hundred years, including times when the S&P 500 PE was 6, 7 and 8, or one third of what it is right now.
Valuation matters a lot, and the stock market's really high and it's gonna be really hard to make money from here with any kind of long-term view."
Ella Langley’s ‘Dandelion’ is a little bit of something for everyone, in the best way. If you want Kasey production you will find it. But you will also find 60’s style ballads and 90’s honky tonk. All wrapped up in a Brandi Carlisle orchestral bit. I’m a fan, but it is less consistent than the singles. There are a half dozen standouts in as many musical directions. Really interesting and really good. 9/10 AOTY contender. @ellalangleymsic Also, the title track is masterfully written and deserves more praise than it is getting.
I have an interesting baseball rule question..
Here’s the scenario. Bottom 9th runners on 1st and 2nd. Home team down by 1. Batter puts the ball in play for inside the park HR. 1st base runner and batter touch home at exactly the same time. What is the final score?