DiligentDollar

“First man gets the oyster, the second man gets the shell.”

[DiligentDollar @DollarDiligent]

@RobinWigg @RomanchukBrian Similar to the Cashin quote from the Cuban missile crisis

[DiligentDollar @DollarDiligent]

What long bonds you watching with laser eyes?

[DiligentDollar @DollarDiligent]

@JackFarley96 Look up “Google zero” by @reckless at the Verge

[DiligentDollar @DollarDiligent]

@calvinfroedge So are smart investors just ignoring public guidance?

[DiligentDollar @DollarDiligent]

@yenoms Did you look at PTY? Still a premium but by comparison to history… and its NAV performance is just much stronger than the peer set.

I own both but thought about rotating all into PTY

[DiligentDollar @DollarDiligent]

@iBladesi Ahh

They could help us with some more creative names for all their widgets…

[DiligentDollar @DollarDiligent]

@yenoms is their debt recourse bc this could reach a quick "resolution"

[DiligentDollar @DollarDiligent]

Obvious mental illness

[Martin Shkreli @MartinShkreli]

This @StanphylCap guy blocked me for sharing his returns. Here’s the latest 😂

[DiligentDollar @DollarDiligent]

@bigcoveranch A lot of twitter did in 2021… 🥶

[DiligentDollar @DollarDiligent]

@EventDrivenEddy @Bill_Nickelson @ACapitalLP But an LME is good for the equity if it 1) extends the duration of the asset and 2) includes a haircut.

And is CK bought at 70, exchange at 85c it’s prob a win for them

[DiligentDollar @DollarDiligent]

@MasaSonCap Living rent free in my head - anytime I see $CHTR, I think of you 👏👏👏

[DiligentDollar @DollarDiligent]

@yenoms I think it was 5.8% YTM, including SF it was 6.3% or so

[DiligentDollar @DollarDiligent]

@yenoms Have to also click sinking fund

It’s got like 3x DSCR, 2x cash to debt. Real estate. And obviously a school that has pedigree and probably won’t get blown out by AI

[DiligentDollar @DollarDiligent]

@yenoms I don’t want to give it away but did you see the Berklee one?

[DiligentDollar @DollarDiligent]

Thinking ahead

[DiligentDollar @DollarDiligent]

@iBladesi Software concerns.

2025 was a tough year for CLO equity (par burn, defaults) and the fear now is spreading to SW loans which are ~15% of the index. Likely overdone but for CLO equity depending on the vintage, OC cushions are already thin

[DiligentDollar @DollarDiligent]

Tech jobs may take the first hit from AI, but not because AI replaces them yet.

Layoffs driven by falling stock prices first, like in 2022, not AI itself.

[DiligentDollar @DollarDiligent]

@wabuffo [Looks at calendar when I can’t do this myself]

[DiligentDollar @DollarDiligent]

What’s the price of bitcoin in gold terms these days? BTC Debasement

[DiligentDollar @DollarDiligent]

@roojoo3 I thought the same. But we’ve been in a chemical depression. It’s not just commodities either. If they were going to give it ALL back, why hasn’t it happened yet?