ObserveRationality

[ObserveRationality @observerational]

@bjoernolf @JoshYoung @ryancohen There is a big difference between stock price and value. This is smart from a value perspective but no opinion on the stock.

[ObserveRationality @observerational]

@FgoTim @JoshYoung @ryancohen If you use a currency arguably worth nothing ($GME stock) to buy something that has value ($EBAY stock), that is value accretion. If the market and shareholders approve it, that is smart on @ryancohen’s part.

[ObserveRationality @observerational]

@JoshYoung @ryancohen Further, it’s massively accretive to cash flow because $EBAY has cash flow while $GME does not. Home run for $GME shareholders.

[ObserveRationality @observerational]

@JoshYoung What is clear is that Sorkin and Quick do not understand finance or transaction math or dilution and acrretion. $GME can issue the stock at the current price to fund the deal and the remainder is cash. @ryancohen does not understand the question because the question is so stupid

[Max Abrahms @MaxAbrahms]

Iran isn’t giving Trump an off-ramp.

He must choose between escalation and humiliation.

[ObserveRationality @observerational]

@JM_speakss Reads like a bitcoin Hail Mary.

[ObserveRationality @observerational]

@JesusFerna7026 Global diversification, some economic diversification (Dalio quadrants; gold, commodities, TIPS), a few years of t-bill reserves and modest ability for flexible spending solves this…easily.

[ObserveRationality @observerational]

@BobEUnlimited @DanielDounine @CliffordAsness AQR’s tax aware trend private fund is compounding at 25%+ since 2021. 👀. Plus big tax benefits. I got you @CliffordAsness

[ObserveRationality @observerational]

@BobEUnlimited @CliffordAsness Bad comparison. Ever heard of Helix?

[ObserveRationality @observerational]

@JulianKlymochko Loan books of private BDCs WAY cleaner. Most issued after base rates went up. Lower PIK, higher % of first lien loans vs all the crap public BDCs own.

[ObserveRationality @observerational]

@JonVigliotti Have you seen or heard anything on Sunset and Arno?

[ObserveRationality @observerational]

@bri_sacks @BenNollWeather Do you know if Sunset and Arno homes gone? We live on that corner. 🙏🏼

[ObserveRationality @observerational]

@ElonMuskAOC Yes

[ObserveRationality @observerational]

@CliffordAsness @jonphorvath @stoolpresidente Flex&D+ 😜

[ObserveRationality @observerational]

@markcecchini Have you tested a one meeting close due to your trusted authority position via your content? Tell them what you do as opposed to doing the detailed consultation.

[ObserveRationality @observerational]

@shawngorham Direct lending funds same yields with way less risk and lower LTVs with PE sponsor backing.

[ObserveRationality @observerational]

@Seawolfcap 😂😂😂😂😂

[ObserveRationality @observerational]

@elonmuskADO Yes 💯

[ObserveRationality @observerational]

@SullyCNBC Operating leverage and financial leverage. It’s not complicated.

[ObserveRationality @observerational]

@MebFaber @UBS I love how no one supposedly owns fixed income in any of these surveys. Private credit still tiny despite bubble talk.