The $rpt saga continues.. secondary pulled for “best interests” of shareholders.. should see major recovery today
I like to think Wellington and Magnetar went after him..and he got spooked
@JacobALinker Gifts are never taxable to the recipient. The thresholds allow the donor to avoid having the gift count toward their total gift/estate tax exclusion.
@realajedelman The purpose is to expand the tax base by having nonresidents pay more tax. The worst case scenario is that nonresidents sell their real estate to wealthy residents.
Ruane Cunniff’s Acacia Fund, started in the 1980s, has quietly built one of the longest-running and most consistent track records in investing.
Greg Alexander and Acacia have stayed intensely private. Little is written, few interviews exist, and capital has compounded far from the spotlight. Even Warren Buffett once pointed to Alexander as one of the most talented investors he’s encountered.
It’s a powerful reminder: some of the best investors don’t seek attention, they avoid it!
Let’s dive in.
@DanielMael@ShabbosK Not seeing anything hyperbolic in the screenshot. UH funds itself from donations and it will be increasing its spending during a national emergency. UH has about $60 million a year in expenses, so the reserves seem reasonable.
Do you all remember the Treasury-sanctioned Hezbollah front organization Green Without Borders? The Israeli military located an underground infrastructure with weapons in one of the organization's south Lebanon nature reserves.