Michael Crabtree

Commercial Real Estate Developer & Operator. Retail Expert Venturing into Mixed Use. CRE and Tech Investor. Always learning. DMs are open.

[Michael Crabtree @bettermethod]

Build the business that will put your business out of business

[Michael Crabtree @bettermethod]

@amuse This is the point

[Michael Crabtree @bettermethod]

@MatthewWielicki 🎯

[Michael Crabtree @bettermethod]

@RobertMSterling Really strong prediction IMO. Would make a lot of sense

[Michael Crabtree @bettermethod]

@rjimenez_cre Best foundational curriculum I’ve come across. I went from broker to developer and investor once everything clicked

[Handre @Handre]

The moment someone tells you Elon Musk should solve world poverty with his wealth, you're listening to someone who fundamentally misunderstands both wealth and poverty. Musk's billions exist almost entirely as Tesla and SpaceX stock, not cash sitting in a vault waiting to be redistributed.

The real issue runs deeper than liquidity. Poverty is fundamentally a productivity problem, not a resource shortage. If throwing money at poverty solved it, the $4.3 trillion the US government has spent on welfare programs since 1965 would have eliminated American poverty decades ago. Instead, the poverty rate has remained virtually unchanged since the War on Poverty began.

You can't redistribute your way out of poverty because wealth isn't a fixed pie that rich people hoard. Musk created his fortune by building companies that produce electric vehicles, rockets, and satellite internet. His wealth represents the market's valuation of those productive assets. When politicians demand he liquidate those holdings to fund welfare programs, they're demanding he destroy the very capital that generates ongoing prosperity.

The countries with the lowest poverty rates didn't achieve that through foreign aid or wealth transfers. South Korea went from Third World to First World status in two generations through property rights, free markets, and rule of law. Meanwhile, sub-Saharan Africa has received over $1 trillion in foreign aid since 1960 and remains impoverished. Poverty reduction requires institutions that enable production, not redistribution schemes.

Real poverty reduction happens when entrepreneurs like Musk build productive enterprises that create jobs, generate tax revenue, and drive down costs through innovation. But that requires you to understand that capitalism creates wealth rather than just moving it around.

[Gurwinder @G_S_Bhogal]

A lot of people seem angry that Elon is now a trillionaire, so it’s worth reminding them that he didn’t achieve this by making anyone else poorer. Wealth isn't zero-sum. Paul Graham explained it well:
https://t.co/W97pq3FLYg

[Michael Crabtree @bettermethod]

@Houseofyogi Well said

[tobi lutke @tobi]

* Correct quote is “politically left” not socialist. Point stands. Entrepreneurs take potential and turn it into value that’s added to the global GDP. They capture a small amount of that value in the process which is a big part of the incentive. The rest goes to others, employees, shareholders, government, suppliers etc.

You can always criticize them. You can always criticize the redistribution efforts. But you should always remember that without them, there is very little new value enters society and that locks everyone in zero sum competition, sometimes war.

Entrepreneurs are load bearing for human thriving. It’s a glorious act to put yourself out there and build a company that provides good and services to everyone. And Elon is the best entrepreneur that ever was. You don’t have to like him, and sure he’s crazy, but otherwise he wouldn’t do crazy things. Same coin, two sides.

[Elon Musk @elonmusk]

The reason ID is banned in California (and New York) elections is to enable large-scale fraud.

When you combine no ID and mail-in voting, fraud is de facto legalized.

[Elon Musk @elonmusk]

Release the body camera videos

[Michael Crabtree @bettermethod]

@realEstateTrent What specific skills have you built? What are your recurring Claude activities?

[Michael Crabtree @bettermethod]

@AOC Neither @AOC nor the person who wrote this post understands the economy

[Michael Crabtree @bettermethod]

@patcarino WeHo is a cool neighborhood but no one expected that product type to achieve top rents in the city. Still concession rich but market is improving and projects are again achieving over $3/sf NER

[Michael Crabtree @bettermethod]

@WallStreetApes Great idea

[Michael Crabtree @bettermethod]

@spencerpratt Love this

[Michael Crabtree @bettermethod]

@DrewHolden360 Excellent post. Seeing all of it in one thread is eye opening

[Meredith Thornburgh @MCMCD_]

Something Jocko said on a podcast I was listening to c. winter 2020-2021 changed my life—he was recounting how someone once asked him “what he says to himself” to get himself to do all the crazy disciplined stuff he does (up before 4am working out every morning, etc) and he was like that is the EXACT wrong question, you need to get out of the mind and into the body, you need to learn how to move the body by just going around the mind, let it scream and protest while you drag yourself out of bed, you cannot be held hostage by having to get the mind on board before you do anything

[Michael Crabtree @bettermethod]

@MarkAllenMulti Seeing first signs of optimism in Nashville

[Michael Crabtree @bettermethod]

@moseskagan As an Owner and Broker— Simple answer is because payment over time isnt market and Owners who offer less compelling terms to brokers don’t get same opportunities. Not the broker’s job to underwrite credit risk.

[Michael Crabtree @bettermethod]

@USLaborIG @nickshirleyy @MiaBonta @AGRobBonta @billessayli @AntiFraudClub Yep- just like if no crime is reported, then crime is down