Negative Rebate

Former L/S analyst. Current LMM PE. Hockey enthusiast & recovering short seller

[Negative Rebate @NegativeRebate]

@BigJohn043 We did this backing an operator with deep industry experience and a Rolodex of contacts. EBITDA was barely above $1M at close. Had conviction and line of sight into add on pipeline (which got IC comfortable). Without that would have been a tough putt.

[TOM MARTIN @tomhasideas]

my favorite story from Augusta this week:

a volunteer on Hole No. 2 calls an eleven-year-old patron to join him at the front of the ropes as everyone waits to cross. the volunteer juts the ropes forward just a bit so the kid can see the players hit their approach shots and says, “get a good look, you’re the future of the game.”

the volunteer asks if the kid plays golf. “yes sir.” then the volunteer says, “I’ll be here another dozen years at this same location, come give me a fist bump when you’re playing here as an amateur.” the kid nods.

players pass and the crowd starts to walk across the fairway. the volunteer says to a few inspired onlookers, “I do this every time I can because it happened once… an amateur came back and gave me a fist bump, and said thank you.”

the volunteer never learned the amateur’s name. he was content with making a difference.

[Marcelo P. Lima @MarceloLima]

Watch old school corporate raider Carl Icahn talk about a bloated SaaS company he took over in the early 80s, where he fired a whole 12-story building filled with employees, and nobody noticed:

[litquidity @litcapital]

Goldman associates showing up for their second round interview at the Pentagon

[Céspedes Family BBQ @CespedesBBQ]

A WBC edit I have is that if baseball isn’t your primary job you should be exempt from pitch limits.

If the Czech electrician wants to throw 160 pitches he should be able to.

[Mr Plow @MrPlowSD]

Dude used PTO for the WBC and pitched 5 shutty before going back to work next Monday. That’s so fucking sick

[Paul Bissonnette @BizNasty2point0]

You motherfucker 🤣🤣🤣

[Dan Wetzel @DanWetzel]

Not to get all puritanical but ...

... If you are betting on the Czech Table Tennis Star Series and are not in on the match-fix, you may have a gambling problem.

[Spittin' Chiclets @spittinchiclets]

DIVYNE APOLLON HITTING A CELLY MID FIGHT IS ABSOLUTELY ELECTRIC ⚡️

[High Yield Harry @HighyieldHarry]

Definitely the best cameo in the Blackstone vid

[Christopher Wipper @SGTWipper1Each]

Can you believe this jet is 50+ years old?

F-15 Eagle. Ain't she a beauty?

The only undefeated fighter airframe.

104-0 air-to-air combat record.

[Danny Ocean @DannyOcean555]

KR

Yeah, IDK about that, Ron-

You’re probably one of the top five people on the planet best positioned to answer that question.

[Baseball’s Greatest Moments @BBGreatMoments]

On the last day of season, Joe Carter pranked rookie Derek Bell by driving Bell’s Jeep onto the field as part of a mock “raffle” to give it away to a fan.

[Tour Golf (not PGA Tour) @PGATUOR]

As legendary as it gets 💯

[Koyfin @KoyfinCharts]

Stanley Druckenmiller after losing $3 billion on tech stocks during the 2000 bubble:

"I didn't learn anything. I already knew I wasn't supposed to do that".

[Negative Rebate @NegativeRebate]

@bucketshopcap Not very traditional but I parlayed L/S analyst into LMM PE and the skillset of shorting has actually been a big differentiator when picking industries/business models.

[Negative Rebate @NegativeRebate]

@mario_cibelli Are you seeing signs of them taking digital share from $WU?

[Petrov McGuire @McguirePetrov]

Younger cousins just asked me to come out and play net in the driveway

(I’ve had 10 Coors Banquets and think I’m 2011 Tim Thomas)

[Negative Rebate @NegativeRebate]

@TRUmav Good point, I forgot about the Quiznos/CCMP story from back in the day.