Bill Perkins (Guy)

Said i'd always be your friend,I took an oath gonna stick it out till the end
📚 @diewithzero
Founder
Hominem attack 🚫

[Bill Perkins (Guy) @bp22]

Memo I sent to a small what's app friends group. Think everyone should get it.👇🏾

There's lots of prep going on for SHTF but part of prep for SHTF is to really enjoy what you have and *LIVE*. So I hope in all your calculations and planning you are immediately having the most outrageous loving fun wild connected and wierd times, because if you're not you really are not prepping at all.

[Bill Perkins (Guy) @bp22]

@Jason You need the luxury goods &Services inflation tracker, about 5 years ago everyone in Houston wanted a personal assistant and it sent the assistant market out of whack. There are others goods and services that have gone nuts as well....

[Bill Perkins (Guy) @bp22]

@BTCinho #TrueStory

[Bill Perkins (Guy) @bp22]

Gordon Geko was in the beach with the brick that was a cell phone. I thought to myself "I want to be that rich" and have cell phone on the beach. Turns out all I had to do was wait and the progress of humanity would get me one that I could afford while selling suits (college job)

[Bill Perkins (Guy) @bp22]

🍿

[David Einhorn @davidein]

Greenlight has won all litigation with James Fishback. @jamesfishback has been ordered to return every penny of salary and bonus that we ever paid him, to repay the money we lent him, to pay most of our legal fees, and to stop claiming titles, roles and responsibilities he never had. No, Fishback was not the “Head of Macro.” Rather, as the arbitrator found, he was a “faithless servant.”

That’s a fancy legal way of saying that Fishback was so disloyal during his employment that he was ordered to refund to us his entire compensation during his tenure at Greenlight.

Ordinarily, my style would be to let this decisive ruling speak for itself.

However, Fishback has made himself a public figure. He publicly requested appointments to be a governor of the Federal Reserve and a U.S. Senator. He unsuccessfully ran for Florida Governor and has hinted that he intends to run for President in the next election. I therefore feel a civic duty to share additional details and thoughts about Fishback’s character and why he should never be placed in a position of trust.

For more than three years, Fishback engaged in a scheme to harass Greenlight Capital and me. While he made a series of false allegations against us, I generally chose to remain silent and allow the legal process to run its course. It has now done so. The result of the final arbitration is that every single claim Fishback ever made about us was either withdrawn or was legally found to be untrue. The conclusion of the arbitration represents the end of all litigation between Greenlight and Fishback, with Greenlight winning a clean sweep and being awarded over $4 million of damages against Fishback due to his tortious actions, false statements and baseless allegations.

Fishback has accused us of lawfare. Let’s set the record straight: it can’t be lawfare when he started the litigation. We simply defended ourselves and made now proved counterclaims.

This all began with Fishback demanding a $5 million pay-off to spare us the reputational harm and legal costs of defending frivolous accusations of religious discrimination, age discrimination, a politically hostile work environment and defamation.

After filing his lawsuit, Fishback told Jack Farley on the Forward Guidance podcast that “discovery is going to be fun” and would vindicate his story. Farley asked how frequently Greenlight employees referred to him as ‘Head of Macro’ and what written evidence supported his claims. Fishback answered “Well, I don’t have access to my company email. If I did, we could produce them up the wazoo.”

Well, discovery came and went and not a single piece of evidence supported any of Fishback’s bogus claims. A company-wide email search revealed that the only additional Greenlight emails calling him “Head of Macro” were those where he gave the title to himself in his signature block while sending external emails where nobody from Greenlight was copied.

Instead, discovery uncovered some outrageous conduct by Fishback. For example, Fishback and his father concocted a scheme to use a fake reference check to create his fraudulent defamation claim against us.

In September of 2023, after his employment ended, Fishback texted his father a draft of a fake reference check email that included an inquiry as to Fishback’s duties as Greenlight’s “Head of Macro.” In the same chain, Fishback texted his father:

“We need them to DEFAME us. Which THEY WILL. That’s another $1 MM right there.”

Fishback persuaded a friend of a friend who worked at an investment firm to send us the fake reference check. When we responded that Fishback was not the Head of Macro, Fishback promptly sued us, claiming that our response caused the friend’s company to walk away from making a $5 million investment in Fishback’s start-up hedge fund.

The friend of the friend testified under oath that he sent the fake reference check as a favor and that his company was never considering investing with Fishback. The friend got fired.

It was all a sham to conjure a fake legal claim to extract money from us.

There’s more that came out in the litigation:

On his final day of employment, Fishback stole Greenlight’s most valuable property, its portfolio of investments, by emailing it to his personal email (in our industry this is a big deal).

An even bigger deal is that he and his father were secretly trading positions in Greenlight’s investment portfolio in their personal accounts.

Fishback admitted to violating his confidentiality obligations to Greenlight over 60 times, including by sending confidential investment information to third parties.

Fishback made numerous statements, including that he ran macro trading at Greenlight and that he was responsible for generating over $100 million of profits – none of which were true.

Fishback told various lies about why he left Greenlight, including that he left due to a hostile political environment.

In a classic example of “You can’t fire me, I quit,” Fishback resigned right after my assistant scheduled a meeting with him so I could fire him for not doing his job.

As for the political environment at Greenlight, Fishback has repeatedly claimed that I am “a Soros aligned hedge fund billionaire.” That’s simply not so. Politically, I am just left of center. I have made large philanthropic contributions to causes supporting bi-partisanship, bridging differences and pluralism. I support centrist Democrat politicians. Some on the far-left have even tried to fight my efforts to have a more civil culture by labeling me a far-right conservative. That isn’t true either.

At Greenlight, we discuss politics so infrequently that I was unaware of Fishback’s views during his tenure. And it surprised me when he quoted scripture in his resignation email. His politics have since been made clear to all. We have no view on the sincerity of his religious beliefs but suffice it to say that we’ve been witness to him breaking those Commandments regarding stealing and lying.

Fishback campaigned for Florida Governor on an extreme “tough on crime” platform. He threatened homeless people with 15 years in jail for being homeless; he threatened teenagers participating in riots with 5 years in jail, including prosecuting minors as adults; he promised criminal prosecutions of homeowners’ associations; and planned for mass deportations of non-citizens. He even said a black man “should be lynched” for confronting him.

And yet, Fishback is a man who believes the laws don’t apply to him. Rules are for other people.

During his campaign, Fishback was challenged for living outside of Florida. His testimony that he lived in Florida was certainly news to us. When Fishback worked for Greenlight, he provided his address as being in Washington, D.C. He had us withhold D.C. resident taxes from his payroll. When he visited our New York office, he frequently submitted expense reimbursements for Amtrak trips between D.C. and New York.

Before this final arbitration, we had already won verdicts against Fishback to repay the loans that we generously lent to him on favorable terms for what he claimed at the time to be a family emergency (though that’s not what he told Jack Farley).

Even with valid court orders of U.S. Federal District Court Judges ordering him to repay us and surrender property to satisfy the judgements, Fishback simply thumbs his nose at the rule of law. He decides on his own that the Judge was a Democrat, or was appointed by a Democrat, or was otherwise politically motivated, rendering the rulings (in his mind) invalid. Fishback was ordered to repay his debt to us: He ignored it. Fishback was ordered to turn over shares in a company and 43 luxury items he owns to us: He ignored it. A company owned by Fishback was ordered to produce documents in discovery: He ignored it. And that is just a partial list.

We have little doubt that he will try to ignore the arbitration ruling against him from the arbitration he commenced. Ignoring court orders is a very dangerous way for anyone to behave. But those that do, especially in such a self-serving fashion, should not be put in a position of public trust or have influence in the enforcement of laws against others.

It doesn’t matter that I’m a Democrat. What does matter is that we gave a seemingly intelligent college drop-out a chance to achieve what he once said was his dream job. And once he was provided with that opportunity, instead of applying any semblance of a work ethic, he chose to be a “faithless servant”.

We have a theory as to why Fishback wishes to continue his political ambitions. We believe that by continuing to seek office, he will find donors to his campaign, PAC and charitable endeavors, and he will use those funds to stay in hotels, rent cars, travel and dine out – all without ever acquiring an asset in his own name that can be used to repay his legitimate creditors, like us. It’s the perfect way for Fishback to continue to grift and continue to avoid paying his debts.

It won’t work. James, you owe us over $4 million and interest is ticking.

And, when we do collect it, I will in turn donate it to a combination of the National Immigration Forum, The Center for Reproductive Rights, The Florida Rights Restoration Coalition, and The Florida Chapter of the ADL. The best way to fight your hate is to support those you hate.

[David Einhorn @davidein]

Greenlight has won all litigation with James Fishback. @jamesfishback has been ordered to return every penny of salary and bonus that we ever paid him, to repay the money we lent him, to pay most of our legal fees, and to stop claiming titles, roles and responsibilities he never had. No, Fishback was not the “Head of Macro.” Rather, as the arbitrator found, he was a “faithless servant.”

That’s a fancy legal way of saying that Fishback was so disloyal during his employment that he was ordered to refund to us his entire compensation during his tenure at Greenlight.

Ordinarily, my style would be to let this decisive ruling speak for itself.

However, Fishback has made himself a public figure. He publicly requested appointments to be a governor of the Federal Reserve and a U.S. Senator. He unsuccessfully ran for Florida Governor and has hinted that he intends to run for President in the next election. I therefore feel a civic duty to share additional details and thoughts about Fishback’s character and why he should never be placed in a position of trust.

For more than three years, Fishback engaged in a scheme to harass Greenlight Capital and me. While he made a series of false allegations against us, I generally chose to remain silent and allow the legal process to run its course. It has now done so. The result of the final arbitration is that every single claim Fishback ever made about us was either withdrawn or was legally found to be untrue. The conclusion of the arbitration represents the end of all litigation between Greenlight and Fishback, with Greenlight winning a clean sweep and being awarded over $4 million of damages against Fishback due to his tortious actions, false statements and baseless allegations.

Fishback has accused us of lawfare. Let’s set the record straight: it can’t be lawfare when he started the litigation. We simply defended ourselves and made now proved counterclaims.

This all began with Fishback demanding a $5 million pay-off to spare us the reputational harm and legal costs of defending frivolous accusations of religious discrimination, age discrimination, a politically hostile work environment and defamation.

After filing his lawsuit, Fishback told Jack Farley on the Forward Guidance podcast that “discovery is going to be fun” and would vindicate his story. Farley asked how frequently Greenlight employees referred to him as ‘Head of Macro’ and what written evidence supported his claims. Fishback answered “Well, I don’t have access to my company email. If I did, we could produce them up the wazoo.”

Well, discovery came and went and not a single piece of evidence supported any of Fishback’s bogus claims. A company-wide email search revealed that the only additional Greenlight emails calling him “Head of Macro” were those where he gave the title to himself in his signature block while sending external emails where nobody from Greenlight was copied.

Instead, discovery uncovered some outrageous conduct by Fishback. For example, Fishback and his father concocted a scheme to use a fake reference check to create his fraudulent defamation claim against us.

In September of 2023, after his employment ended, Fishback texted his father a draft of a fake reference check email that included an inquiry as to Fishback’s duties as Greenlight’s “Head of Macro.” In the same chain, Fishback texted his father:

“We need them to DEFAME us. Which THEY WILL. That’s another $1 MM right there.”

Fishback persuaded a friend of a friend who worked at an investment firm to send us the fake reference check. When we responded that Fishback was not the Head of Macro, Fishback promptly sued us, claiming that our response caused the friend’s company to walk away from making a $5 million investment in Fishback’s start-up hedge fund.

The friend of the friend testified under oath that he sent the fake reference check as a favor and that his company was never considering investing with Fishback. The friend got fired.

It was all a sham to conjure a fake legal claim to extract money from us.

There’s more that came out in the litigation:

On his final day of employment, Fishback stole Greenlight’s most valuable property, its portfolio of investments, by emailing it to his personal email (in our industry this is a big deal).

An even bigger deal is that he and his father were secretly trading positions in Greenlight’s investment portfolio in their personal accounts.

Fishback admitted to violating his confidentiality obligations to Greenlight over 60 times, including by sending confidential investment information to third parties.

Fishback made numerous statements, including that he ran macro trading at Greenlight and that he was responsible for generating over $100 million of profits – none of which were true.

Fishback told various lies about why he left Greenlight, including that he left due to a hostile political environment.

In a classic example of “You can’t fire me, I quit,” Fishback resigned right after my assistant scheduled a meeting with him so I could fire him for not doing his job.

As for the political environment at Greenlight, Fishback has repeatedly claimed that I am “a Soros aligned hedge fund billionaire.” That’s simply not so. Politically, I am just left of center. I have made large philanthropic contributions to causes supporting bi-partisanship, bridging differences and pluralism. I support centrist Democrat politicians. Some on the far-left have even tried to fight my efforts to have a more civil culture by labeling me a far-right conservative. That isn’t true either.

At Greenlight, we discuss politics so infrequently that I was unaware of Fishback’s views during his tenure. And it surprised me when he quoted scripture in his resignation email. His politics have since been made clear to all. We have no view on the sincerity of his religious beliefs but suffice it to say that we’ve been witness to him breaking those Commandments regarding stealing and lying.

Fishback campaigned for Florida Governor on an extreme “tough on crime” platform. He threatened homeless people with 15 years in jail for being homeless; he threatened teenagers participating in riots with 5 years in jail, including prosecuting minors as adults; he promised criminal prosecutions of homeowners’ associations; and planned for mass deportations of non-citizens. He even said a black man “should be lynched” for confronting him.

And yet, Fishback is a man who believes the laws don’t apply to him. Rules are for other people.

During his campaign, Fishback was challenged for living outside of Florida. His testimony that he lived in Florida was certainly news to us. When Fishback worked for Greenlight, he provided his address as being in Washington, D.C. He had us withhold D.C. resident taxes from his payroll. When he visited our New York office, he frequently submitted expense reimbursements for Amtrak trips between D.C. and New York.

Before this final arbitration, we had already won verdicts against Fishback to repay the loans that we generously lent to him on favorable terms for what he claimed at the time to be a family emergency (though that’s not what he told Jack Farley).

Even with valid court orders of U.S. Federal District Court Judges ordering him to repay us and surrender property to satisfy the judgements, Fishback simply thumbs his nose at the rule of law. He decides on his own that the Judge was a Democrat, or was appointed by a Democrat, or was otherwise politically motivated, rendering the rulings (in his mind) invalid. Fishback was ordered to repay his debt to us: He ignored it. Fishback was ordered to turn over shares in a company and 43 luxury items he owns to us: He ignored it. A company owned by Fishback was ordered to produce documents in discovery: He ignored it. And that is just a partial list.

We have little doubt that he will try to ignore the arbitration ruling against him from the arbitration he commenced. Ignoring court orders is a very dangerous way for anyone to behave. But those that do, especially in such a self-serving fashion, should not be put in a position of public trust or have influence in the enforcement of laws against others.

It doesn’t matter that I’m a Democrat. What does matter is that we gave a seemingly intelligent college drop-out a chance to achieve what he once said was his dream job. And once he was provided with that opportunity, instead of applying any semblance of a work ethic, he chose to be a “faithless servant”.

We have a theory as to why Fishback wishes to continue his political ambitions. We believe that by continuing to seek office, he will find donors to his campaign, PAC and charitable endeavors, and he will use those funds to stay in hotels, rent cars, travel and dine out – all without ever acquiring an asset in his own name that can be used to repay his legitimate creditors, like us. It’s the perfect way for Fishback to continue to grift and continue to avoid paying his debts.

It won’t work. James, you owe us over $4 million and interest is ticking.

And, when we do collect it, I will in turn donate it to a combination of the National Immigration Forum, The Center for Reproductive Rights, The Florida Rights Restoration Coalition, and The Florida Chapter of the ADL. The best way to fight your hate is to support those you hate.

[Bill Perkins (Guy) @bp22]

@TheFlowHorse Weather jockeying time of year. Will the southern jet win or will the Stratospheric Warming win and bring cold 🤷🏾

[Bill Perkins (Guy) @bp22]

@SinghLions What?!?!?

[Pietro Miotti @PietroMiotti]

My AI agents found an unmapped Maya site in Mexico, using LiDAR data from a NASA dataset.

72 hours from a random thought on vacation to a reply from Mexico's national archaeology institute.

What a time to be alive…

[Bill Perkins (Guy) @bp22]

Why guess, when you can know?

[Bill Perkins (Guy) @bp22]

@Jason It's amazing how much the left hampers African Americans

[@jason @Jason]

The shopping mall closed 24 years ago and was leveled. A data center developer offers to build but gets blocked—leaving the struggling community without jobs, a tax base and the ability to negotiate other concessions.

This NPR story compares it to the civil rights struggle and MLK.

Yes, data centers are the equivalent of the civil rights movement 🤦

My lord, we’ve lost the script, and China is laughing at us while they catch up and conceivably bear us to superintelligence.

Best advice: ask them to downsize the Data Center to half the space, require closed-loop water systems and have them build a giant trade school adjacent to the data center, offering free engineering and construction training to local community residents.

[Aravind 🌍 🛰 @aravindEO]

A huge exit in the geospatial sector - Real estate market intelligence firm CoStar Group will be acquiring one of the leading aerial imagery providers Vexcel for $730M.

This is yet another validation of the strategic value of owning the geospatial data layer I have written a lot about.

In this case, CoStar will gain proprietary access to frequently updated aerial imagery covering around half a billion properties in 45+ countries globally, which it plans to use to extract hundreds of new property-level attributes through AI.

I am confident that vertical leaders in a number of sectors will continue to acquire their own geospatial data infrastructure to differentiate their products - satellites have remained a hard sell so far, but we will see utilities, insurers, mining firms and financial institutions acquiring EO companies (directly or indirectly) or investing in their own satellite data infrastructure in the coming decade.

PS. As I posted previously, I believe there are 3 geospatial moats in the age of AI: access to proprietary data, long-term customer relationships and deep domain expertise. This is the first kind.

PSS. Of the three moats, proprietary data may be the most valuable today, but it is also the most exposed over the next decade, as satellite resolution improves and AI gets better at extracting the same information from lower-resolution imagery

[Bill Perkins (Guy) @bp22]

Not the best place to be.....

https://t.co/nd8aVt8QWZ

[Bill Perkins (Guy) @bp22]

@Frequency_Rider The forward curve is extremely cheap. Given the talk of price emergency freeze (what price emergency?!?) by the incoming Governor and anti data center talk load growth assumptions are under assault.

[Bill Perkins (Guy) @bp22]

ERCOT has plenty of Data Centers the past ten years hear are the rolling 3 month spot liquidated power prices the past ten years.

[Bill Perkins (Guy) @bp22]

When SpaceX IPOd I started tracking DC friction reasoning that it would be mildly bullish for SpaceX. Little did I know the mind virus would cheered by the frontier labs and spread like wildfire. Massively bullish SpaceX from mildly bullish.

https://t.co/aXwH68dbHw

[Bill Perkins (Guy) @bp22]

@rationalexpect1 @cremieuxrecueil The space shuttle is a great example of this. It's odds of catasrophe extraordinarily high but in a per mile basis 🤷🏾

[Echoes of War @EchoesofWarYT]

162 years ago today William Tecumseh Sherman issued the orders that set loose one of the most famous and controversial military campaigns in American history. Special Field Orders No. 120 was the blueprint for the March to the Sea, and it unleashed a new and terrible kind of war on the heart of the Confederacy.

Having captured Atlanta, Sherman proposed something that horrified cautious minds in Washington. Rather than chase Hood's army around Tennessee, he would cut his own supply lines completely, abandon his base, and march his army straight through the heart of Georgia to the coast, living off the land and deliberately wrecking the Confederacy's capacity to wage war. Grant and Lincoln, after much hesitation, approved. Sherman reportedly said he would make Georgia howl.

On November 9, from Kingston, Georgia, Sherman issued the detailed orders that would govern the march. Special Field Orders No. 120 organized his roughly 60,000 men into columns that would move on parallel roads, covering about fifteen miles a day, spread across a broad front to confuse the enemy about his destination.

The most famous and consequential provision was simple: the army will forage liberally on the country. With no supply line, Sherman's soldiers were to feed themselves by stripping the farms and plantations of Georgia as they passed, taking livestock, grain, and provisions. Specialized foraging parties, nicknamed bummers, ranged out from the columns each day to gather food and, increasingly, to destroy what they could not carry. The orders also authorized harsh retaliation, the burning of mills, houses, and gins, against any community that resisted or sabotaged the march.

The result was one of the war's defining campaigns. Over the following weeks, Sherman's army cut a swath of destruction roughly 60 miles wide across Georgia, from Atlanta to Savannah. They tore up hundreds of miles of railroad, heating the rails and twisting them around trees into what the soldiers called Sherman's neckties. They consumed or destroyed vast quantities of food, livestock, and property. The goal was psychological as much as physical: to break the will of the Southern people and prove that the Confederate government could not protect its own heartland.

The March to the Sea is still fiercely debated, remembered in the South as an act of devastation and in Sherman's own words as hard war meant to end the fighting faster. Either way, it was a turning point in the nature of warfare itself, a deliberate campaign aimed not just at enemy armies but at the economy and morale of an entire society. And it all began with the orders Sherman wrote on this day.

[Bill Perkins (Guy) @bp22]

@Liv_Boeree 😂