Joel Meloff

[Joel Meloff @Jmeloff]

@ronmortgageguy Because there’s no dual mandate!

[Joel Meloff @Jmeloff]

@GravitasMSN @DrJStrategy now do $BDT.TO $ARE.TO $BDT.TO ... the ones doing the building...

[Lee Roach @leevalueroach]

Everyone in finance is on a group chat about the SpaceX IPO right now. Bankers, founders, retail kids on Robinhood, my barber. The roadshow deck has leaked four times. CNBC has had a countdown clock running for nine days. The pricing range is $400-$450 and people are talking about it like it’s already $800. A guy at the gym asked me how to get allocation. I do not know how to get allocation. Nobody does. I am sitting in my apartment looking at a stock that trades 60 shares a week on the pink sheets. It’s a 94-year-old company that makes a part that goes into a thing you’ve used today. P/E of 6. Pays a dividend. The CEO is the founder’s grandson. The annual report came as a PDF I had to download from a Geocities-looking webpage. The most recent news article about the company is from 2019 and it’s about the chairman’s wife winning a flower show. I tried to look up the float and the answer was “approximately 84,000 shares” which is a number my brokerage account can move. Nobody on earth is talking about this stock. Nobody will be talking about it next year either. Elon will land on Mars. The valuation of SpaceX will be discussed in the same sentence as the GDP of medium-sized countries. My ticker will print another quarter. The dividend will hit my account on a Tuesday. I will not tell anyone. That is the whole point.

[Joel Meloff @Jmeloff]

@jimstewartson @pc_threads Clearly have 0 idea the difference between fidelity the brokerage and fidelity the asset manager

[Joel Meloff @Jmeloff]

@jimstewartson What’s the crime… you can simply *not* buy it… retail is only exit liquidity to dumb retail… play dumb game win stupid prizes

[The HockeySport Podcast @HockeySportPod]

We live in a society where an arena full of 20,000 drunk, screaming fans has a better sense of morality than the justice system.

[Joel Meloff @Jmeloff]

@litcapital You do realize there’s real institutional demand for these deals right? $80bn isn’t just being dropped on retail… imagine going up on $80Bn with no visibility from serious institutions

[Joel Meloff @Jmeloff]

@adam_la2karis Ever tried an Alexander Kieth’s White? (Canadian)

[Joel Meloff @Jmeloff]

@ErnestWongBWM Feels like the info is never nuanced enough, likely leads to most just glancing by the material and not absorbing anything… speed to info = speed to move onto the next thing

[Joel Meloff @Jmeloff]

@BenSteiner00 Surgical at finishing and used to playing under high pressure at the largest stages in the game… can’t underestimate that

[GhettoGronk @ghetto_gronk]

Patriots fans after Mike Vrabel sacrificed his marriage to bring AJ Brown to New England

[Joel Meloff @Jmeloff]

@ronmortgageguy @Comm_Solution BoC doesn't have a dual mandate, while I agree that it seems on the surface that raising rates in the face of a recession is unwise in theory it shouldn't play a role (it should and will) but on the surface it won't...

[johnyhelzapopin @JohnyHelzapopin]

I’ve not seen a masterclass away in Europe this good since Roy Keane v Juventus

Totally adapted to the demands of ordering in a second language

The greatest to ever do it

🫡

[Joel Meloff @Jmeloff]

@ErnestWongBWM Its scale is their moat… really hard to see how anyone can replicate/disrupt their business models

[Joel Meloff @Jmeloff]

@tomkeene @TNTSportsUS Would explain why the cbc Canadian broadcast is much better sound mixing wise

[Joel Meloff @Jmeloff]

@MikeReiss @LosTalksPats Two Thursday night games is rough

[Joel Meloff @Jmeloff]

@LeveragedLayman Problem is there’s no real incentive to do it, anyone with any real professional success can’t be lured… risk/reward isn’t there sadly

[Colb @___Colb___]

Still clocking in at 99 MPH on the gun

[J. Mangual @MLBShotsFired]

Inflation is completely out of control, you can’t even take 3 kids to a Detroit Tigers game anymore without spending an arm and a leg! Crazy!

[Mr. Glucose Guardian @Regg79816]

When the plane lands and the people in row 40 stand up first