White Goose Capital

The other side of the trade.

[White Goose Capital @WhiteGooseCap]

We are so back.

[White Goose Capital @WhiteGooseCap]

@Cokedupoptions Just because it’s worth $3m, it doesn’t mean anyone will pay that.

That’s $3k per square foot-which is double the average cost a sq ft in Manhattan…

[White Goose Capital @WhiteGooseCap]

This feels like it was written by the same guy who said ‘inflation is transitory’…

[White Goose Capital @WhiteGooseCap]

@alifarhat79 Let the man cook!

[White Goose Capital @WhiteGooseCap]

My face when the Fed hints at further rate hikes.

[White Goose Capital @WhiteGooseCap]

@alifarhat79 Another JPow classic.

[White Goose Capital @WhiteGooseCap]

I can’t wait for this one…

#comingsoon
#licensetokill

[White Goose Capital @WhiteGooseCap]

A big win for all the Kendall Roy fans out there.

#oldestboy

[Reuters @Reuters]

His son, Lachlan Murdoch, will become the chairman of News Corp and continue as the chair and CEO of Fox, the companies said.

The news comes just months after Murdoch scrapped a plan that would have reunited his media empire by merging Fox and News Corp https://t.co/CBkHyO9Tau

[White Goose Capital @WhiteGooseCap]

The only thing this Dot Plot tells us, is that it is subject to change.

The Fed do not have all the data they need to really know what rates will look like next year.

Their main job is to sound convincing to the general public.

[White Goose Capital @WhiteGooseCap]

Profiteering from a crisis. Beautiful.

[Michael Burry Stock Tracker ♟ @burrytracker]

Earlier this week, Andrew Left's Citron Research released a bullish report on the prison company $GEO, starting with:

"Which company with a P/E of 7 holds the key to one of the most impactful solutions for the migrant crisis"

Their answer? $GEO. Which also happens to be one of Burry's most recent buys via the 13F filings

Citron Research thinks the stock is cheap, and could possibly hit $13/share in a few years

Burry has been a long term bull on $GEO, first buying it back in Q4 2020. The stock currently is his 13th largest position as he owns over $4M+ worth

First, GEO owns significant prison real estate and an extremely valuable tech platform called BI which monitors prisoners and illegal migrants.

The owned real estate is estimated to be worth multiples of the current enterprise value in private market transactions and BI could be worth the entire enterprise value in a spin-off or sale of the segment.

The BI segment that has a phone technology that monitors and tracks illegal immigrants who come into the country.

W/ the technology, GEO has an exclusive five-year contract (ends 2026 but will likely will this again post-2026) that allows them to capture 100% of the ICE market for immigrants who are under this system.

The margins here are impressive too w/ 55% EBITDA margins and the company putting up over $270M of EBITDA in 2022 alone from this segment. With a share price of $7.22, GEO has a market cap of $903 million and an enterprise value of only $2.7 billion.

Read the rest of the report, including Left's tweets and the multiples of how it could double, here:

https://t.co/V28SFVgoiX

Or get this report along with the ability to invest alongside Burry through here 🫡

https://t.co/X67WuG4Xx3

[White Goose Capital @WhiteGooseCap]

@hwinkler4real The fish would disagree…

[White Goose Capital @WhiteGooseCap]

Add in an aging population, you also have an Entitlements crisis.

Something will have to give.

[The Kobeissi Letter @KobeissiLetter]

JUST IN: US National Debt is now up a massive $1.5 trillion since the debt ceiling “crisis.”

Over the last 3 months alone, the US has added $500 billion PER MONTH to the national debt, on average.

Over the last 5 years, US debt is up a whopping 54%.

Meanwhile, YTD interest expense just passed $800 BILLION.

These numbers are so large it’s hard to believe.

This is a crisis.

[White Goose Capital @WhiteGooseCap]

When you see someone executing a roll-up with interest rates above 5%

https://t.co/2uEbUJxV51

[White Goose Capital @WhiteGooseCap]

I overheard a guy mocking his brother for building an ice rink in his basement, in order to support his kid’s dream of playing in the #NHL. There will always be risks and naysayers but you need to be willing to double down to hit your goals.

[White Goose Capital @WhiteGooseCap]

@HighyieldHarry Literally doing the Lord’s work. Bless you.

[White Goose Capital @WhiteGooseCap]

Choosing a Family Office is like buying a car. If you want it to survive multiple generations, choose a brand with a solid track record.

[White Goose Capital @WhiteGooseCap]

Creating generational wealth is like doing an #ironman. If you don’t have high conviction in your ability to finish, don’t cross the starting line. Instead, get back into training and grind out those reps.

[White Goose Capital @WhiteGooseCap]

Nick Leeson, AKA the rogue trader that brought down Barings Bank in 1995 through unauthorised trades, has been endorsed on LinkedIn 26 times for risk management. ALWAYS do your own due diligence. Trust no one.