Everything posted by wackawacka
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Markets still falling like whoa
everyone pulling earning guidance for the full year tells you how much a dumpster fire Q2 will be
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Realtor contact for West Texas?
Worked with him to sell farm land years ago. Good enough experience. https://www.land.com/member/john-melnar/1681420/
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Markets still falling like whoa
Been saying for months if not year + that sell Google (e.g. Alphabet) as the regulatory action will crush their stock. Seeing FANG be de--fanged even by the Trump admin.
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Senior Citizen Issues - Assisting Your Parents
Have the same PoV but my parents were really great growing up so least I can do given I was a complete shit growing up.
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Senior Citizen Issues - Assisting Your Parents
This topic makes me rage. I have multiple siblings, but I am the only one who helps my parents. Some of my siblings live within 15 mins of them too. I have taken over their finances and try to get siblings to help, but they never follow through. At some point, my parents decided they just didn't want to deal with taxes, 401k, insurance, etc and let it all lapse. Thankfully, it was maybe a year that nothing was behind but now have been managing their finances for ~5 years. Not fun and frustrating when siblings won't help.
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War with China
When does it happen? Is it on "accident"? Is it used to allow Trump to suspend the constitution?
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Markets still falling like whoa
I was in NYC this week and had a meeting at Blackstone. Lots of investments are put on hold because of volatility. Funny enough on leaving I almost ran over Stephen Schwarzman coming out the elevator. The Sr. MD had to skip our meeting last minute because they were on the phone with PortCo CEO/CFOs all day/night trying to help game plan tariff mitigation.
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Ski Season 2024/2025
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Markets still falling like whoa
i am conflicted. really strong employment numbers today.
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Getting old sucks
I could only ski for ~2ish hours today then my joints locked up and had to get a mid day nap.
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Finally: Wheel of Time being made by Amazon and Sony
the show is getting less bad but still fucking terrible.
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White Lotus - HBO
Wife sent me this about myself My response: truth
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Ecuador & the Galapágos Islands
Heading to Ecuador in June. Basically, I go to a random city alone without anyone else based on when I can get away and a country or city that I never been. Found a cheap 1st class ticket so booked it. Right now flying into Guayaquil and in the country 10 days. Have not booked anything. Last year I went to Lima, Peru and all I did was wonder and eat. It was great. Give me your recommendations.
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Recruiting from your previous company
It then becomes who has the appetite for legal fees and brain damage. Just because it is legal, doesn't mean someone can't waste your time. My GC at current company was a partner in a litigation practice at a major firm. We have a high risk tolerance.
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We need to do something about these private equity bastards
PE may have its own reckoning as public markets won't buy it anymore. PE is only able to sell to other PE funds resulting in lack of cash on cash return for funds. PE is realizing public markets have woken up to the asset stripping strategy and won't be left holding the back. PE is going through VC correction that started a couple of years ago. Expect to see a lot "investors" unemployed because the industry needs to shrink.
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The Trump Economy
I have mostly stopped reading politics and political boards because of the level of stupidity. The mental gymnastics by Trump supporters especially in finance, wall street, bankers, etc is mind numbing stupid. They are going to crash the economy and there is no 4D chess. It is all just stupid and unplanned. Only coherent policy position is full on corruption.
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Elon Musk: Nazi traitor piece of shit [Confirmed]
tesla buys solarcity feel to it. clearly there is massive fraud here but well self-dealing then you can hide a lot for a long time.
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7.7 earthquake in Myanmar
Our policy of isolation even with aid, will result in the world being more violent.
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Recruiting from your previous company
There are good legal ways to prevent litigation risk like telling your team where you are going and just posting lots of jobs in new role so your team applies vs poaching. It is very normal and well within the bounds of professionalism to raid your old company for talent. Just do it legally.
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Markets still falling like whoa
- 2021 - Is inflation finally back in the conversation?
Wage pressure is down but inflation "expectations" is up due to policy uncertainty. The challenge imo is we are moving into self-fulfilling prophecy with recession and inflation. Everyone expects it so it becomes true.- Things not going well for Facebook
Glad I don't listen to shaggy right wingers on investing advice. Made so much money being long Meta. Lots of bloat in MAG7 for headcount and plenty of people will work for that level of compensation- Ski Season 2024/2025
- Markets still falling like whoa
Yeah, you don't need to wade into politics to see that the administration is willing to tank the market and economy for their ideology.- Financial Goals in 2025
hahaa. our family advisor on trust, etc said we should budget about $20m for a home in Atherton...I was not happy he said that. - 2021 - Is inflation finally back in the conversation?
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