Médéric

Outperforming PEs and Hedge Funds by stacking the hardest money 🌍 / 21M - Class of 2017

[Elon Musk @elonmusk]

That is what they said

[Benny Johnson @bennyjohnson]

I’m fighting for a western civilization where none of them had to die.
We’re not fighting red vs. blue.
We’re fighting good vs. evil.
Darkness vs. light.
We must win.

[The Rabbit Hole @TheRabbitHole]

Don’t worry about Elon becoming rich with his own money.

Worry about politicians becoming rich with your money.

[Erik Voorhees @ErikVoorhees]

No, you don't get it.

He does not have $1 trillion sitting in cash, it is 99% stock in his companies.

To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined.

Okay, but now Elon has $100b in cash, and can "solve the world's problems".

$100b divided by the world's 8 billion people is $12

If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation.

But everyone on earth could have one nice meal and you could revel in your altruism.

[Médéric @Med2140]

@TimurNegru The property in question
https://t.co/LGs2Yd6kX6

https://t.co/GRydd5OJzw

[Médéric @Med2140]

@Z06Z07 @Strategy I'd argue to only do them opportunistically.

When MNAV is sub 1x (or 1.22x), correcting any large mispricing of the common stock.

Buy-backs are a tool, but they shouldn't be THE strategy.

INCREASING the capital stack is favourable in the long term.

[Michael Saylor @saylor]

The Digital Transformation of Capital, Credit, and Money $STRC

[Bill Ackman @BillAckman]

Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so.

Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations.

Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami.

These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more.

While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help.

I can’t imagine the NYC construction unions are excited about his plan.

[Jesse Tevelow @jtevelow]

https://t.co/QJXQUuBz0E

[Médéric @Med2140]

@s_chiriac https://t.co/4sJqeicYC3

[Médéric @Med2140]

@Peter_Soida https://t.co/4sJqeicYC3

[Médéric @Med2140]

@itsjoaki Building the #1 Automotive Event Directory

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[Médéric @Med2140]

@bymichael Building the #1 Automotive Event Directory

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[Médéric @Med2140]

@PLBompard Building #1 Automotive Event Directory

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[Médéric @Med2140]

@Joey_Walker82 Building the #1 Automotive Event Directory

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[Médéric @Med2140]

@S_N_SH_E_ Building the #1 Automotive Event Directory

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[Médéric @Med2140]

@joni_vrbt https://t.co/4sJqeicYC3

[Médéric @Med2140]

@ollieforsyth https://t.co/4sJqeicYC3

[Médéric @Med2140]

@kacieahmed https://t.co/4sJqeicYC3

[Médéric @Med2140]

@audiencon https://t.co/4sJqeicYC3