Victor G. Siu

American investor. 20 yrs of experience generating asymmetric returns. Formerly investing @citizenM, Wood Partners, @goldmansachs, @blackrock. Be salt and light

[Victor G. Siu @vicsiu]

@FoundersPodcast New Yorker article on Ken Griffin - a good addition if you make another pod on him https://t.co/19kN0HszsS

[Victor G. Siu @vicsiu]

@michelletandler @claireforny Confused:

1) rent control is state/local issue not federal, so congress can't just pass "universal rent control"

2) basic econ shows rent control restricts supply, worsening shortages long term

3) saying its a human right doesn't magically build housing - we need new supply

[Victor G. Siu @vicsiu]

@realEstateTrent Most projects under construction now are from the post-covid overhang, not newly approved projects from new SB rules. And while Builder's Remedy forced approvals, not a lot from that is under construction yet. That said, glad to see more development activity in the South Bay

[Victor G. Siu @vicsiu]

@ohvurNout @garrytan @bettersoma @war24182236 A taste of glory ain't free brother

[Victor G. Siu @vicsiu]

@RayDalio @grok detail the returns per year of Dalio's all weather portfolio over the last 30 years, comparing them to the S&P500's returns over the same period. Show max downdraw per year. Share the MAR.

[Victor G. Siu @vicsiu]

@SukritGanesh @michelletandler About a third of SF rent controlled renters have lived in the same unit for 10+ years, so market rent resets still impacted despite costa hawkins

[Victor G. Siu @vicsiu]

@emissionite Driven by preverse incentives. Create a labyrinth of code and approvals to restrict future supply (office, apartments, homes etc) and existing buildings become more valuable

[Victor G. Siu @vicsiu]

@alexisohanian Across from Tokyo Tower is Nodaiwa Azabu Iikura Honten. It's the absolute best unagi in all of Tokyo - been around since Edo Shogunate. Thank me later

[Victor G. Siu @vicsiu]

@saikatc @grok can you confirm if saikat's overpaid ceo tax is simply a gross receipts tax that will ends up hurting consumers?

[Victor G. Siu @vicsiu]

@michelletandler Hmm striking a blowto the real estate industry by destroying asset value is exactly what the 5th Amendment's "Takings Clause" is meant to prevent. Forcing landlords into permanent occupancy at sub-market rates is seizure of private property without just compensation

[Victor G. Siu @vicsiu]

@TrungTPhan @bearlyai Why Microsoft Excel has been so durable after 40 years

[Victor G. Siu @vicsiu]

@dunleavy89 "The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries." - Churchill

[Victor G. Siu @vicsiu]

@lessin Jesus loves all the Lessins and is patiently waiting on you to let Him in

[Victor G. Siu @vicsiu]

@garrytan Oh man, I remember people really got mad at you...you should've dropped 'I Ain't Mad at Cha' as a reply

[Victor G. Siu @vicsiu]

@lessin @slow Where do i get the coffee table signed copy

[Victor G. Siu @vicsiu]

@KobeissiLetter Misleading by comparing percentages over time without clarifying that the underlying population composition has shifted. Ie. the number of white collar workers with four-year degrees since 1995 has grown even faster - the denominator effect, a common stat trick.

[Bobby Fijan @bobbyfijan]

Look at the decline in population for young children (under age 5) in major cities from 2005 to 2024
This is catastrophic

Austin +98%
Orlando +89%
Raleigh +87%
Charlotte +81%
Dallas +81%

Chicago -31%
Boston -33%
New York - 34%
LA -36%
San Francisco -38%

[Victor G. Siu @vicsiu]

@jam_croissant In SF, incentives are there. Zoning problems subsiding. Key issues are redesign challenges and relative return on cost. Floorplates for office make very awkward floorplans for resi (hard to lease). Mechanical/electrical/plumbing need to be fully reconfigured (triple backflip).

[Victor G. Siu @vicsiu]

@judgebushwood @PinkPoloShorts @EllliotttB @hitsamty @patcarino Legendary book on Trammell Crow. From Trammell Crow spawned the largest multifamily developers in the US, including Fairfield, Mill Creek, Alliance, Wood Partners, among others

[Victor G. Siu @vicsiu]

@wolfejosh 100%. Another anti-capitialism trickster, preying on people who haven't studied history enough to know that socialism has never worked - not a single example of better outcomes.