Chasing Waterfalls

real estate

[Chasing Waterfalls @ChasingWaterfa8]

@CryptoMikli I’d argue it’s actually easiest to eat healthy in US than anywhere else in world with some elementary understanding of nutrition and discipline

[tempest @tempst0]

Bro blue owl is redemption halt maxxing and creditcels instantly caught a catastrophic cortisol spike. now the whole sector is liquiditygooning while getting MTM mogged and jestermaxxing for LPs

[Chasing Waterfalls @ChasingWaterfa8]

I’m old enough to remember when Joey Bag O Donuts said in Feb/March 2020 that Miami office was next great investment then deleted his account

Legend #RIP

[Chasing Waterfalls @ChasingWaterfa8]

Here are some real estate PE fund performance numbers:

2011 bottom quartile fund = 9.63% IRR
2022 TOP quartile funds = 9.36 IRR

2021 median = 2.2% IRR
2022 = 4.85% IRR
2023 = 3.84% IRR

[Chasing Waterfalls @ChasingWaterfa8]

Gerald Hines biography just dropped on Spotify

[Chasing Waterfalls @ChasingWaterfa8]

@Vinny_Daniel0 The fun begins when you donate enough to sit on the board of the endowment and then the school becomes your LP

Get to pick your starting QB and earn AM fees!

[Chasing Waterfalls @ChasingWaterfa8]

Risk Game

[Alexander Pryor @_apryor]

Best real estate mogul or developer biographies to start reading up on?

[Hunter 🌆 @rhunterh]

@ChasingWaterfa8 Or! If you were *really* smart, I'm talking a major big brain stock jockey like myself you could have purchased a focused digital infrastructure GP and been...oh shit

[Chasing Waterfalls @ChasingWaterfa8]

You could've bought one of the largest Data Center REITs in December 2020 and you'd be up a total of.....

17% after 5 years

[Chasing Waterfalls @ChasingWaterfa8]

“Welcome to Brazil. Here the only people satisfied with their situation are financial elites and venal politicians”

- The Brazilianation of the World

https://t.co/SZG97cwQkB

[Chasing Waterfalls @ChasingWaterfa8]

Charlie Munger visiting Ray Washburne in Highland Park Village:

“There’s gonna be two economies - the high high end luxury… and the low low end… and nothing in between”

[Chasing Waterfalls @ChasingWaterfa8]

@realEstateTrent

[Chasing Waterfalls @ChasingWaterfa8]

Charlie Munger visiting Ray Washburne in Highland Park Village:

“There’s gonna be two economies - the high high end luxury… and the low low end… and nothing in between”

[Chasing Waterfalls @ChasingWaterfa8]

@pelositracker A man wakes up everyday and says the world is ending, will eventually be right

[Chasing Waterfalls @ChasingWaterfa8]

Less than 12 months to CO and no tenant in tow in NoVA data center market???

It's over #SellEverything

[Sam Altman @sama]

@paulg @atlasx100 me either

[Chasing Waterfalls @ChasingWaterfa8]

@girdley Gen Z are certified ball knowers

assumptions:
*rule of thumb is housing is 25% of after tax income

**entry level homes in major metros are going to run you at least $1.0mm or $7k/mo. (total cost of monthly ownership)

[Chasing Waterfalls @ChasingWaterfa8]

@NotoriousAirbnb ATH home prices in desirable markets certainly reflect that

[Chasing Waterfalls @ChasingWaterfa8]

Oh no there’s now a housing crash because

*checks notes*

houses are for sale in Galveston

[NotoriousAirbnb @NotoriousAirbnb]

Wave of Airbnb liquidations in Galveston.

The island is currently experiencing an 18-month supply of houses. 1,600 for sale on Zillow.

https://t.co/BeaqWSc4eA

[Chasing Waterfalls @ChasingWaterfa8]

People really hate when others do well

[BuccoCapital Bloke @buccocapital]

My feed is just retail investors posting screenshots of literal millions in gains from unprofitable and even zero revenue businesses…and then some fundamental investors slowly going insane, screaming into the void