fareastwarriors

Nice to see you chime in Morgan since you manage 100s (1000s?) of units yourself. Floating rate, high LTV, and can't forget the higher property taxes in Texas. This operator was hoping for a some kind of miracle to make this deal work.

Don't you manage money? Even you don't have WSJ sub? Does any pay for newspapers anymore? Anyways I kid. Floating rates and high LTV, no wonder they default. Frankly, deserve it.

PE-backed Vet/Pet care is terrible and expensive. Need to stick with my owner-operators but they are getting bought out left and right.

Amazing to see Warren stilling traveling internationally in his 90s and doing investment meetings! God Bless this man!

Take him to Mos Burger or any American fast food franchises in Japan. They're so much better than the ones we have here in the good ol' USA.

bought more $CLPR at $5.50... it's worth something right?

Not more CATY?

wow... talk about timing... don't lock the fire doors behind you...

Silvergate Capital announced on Wednesday that it will wind down operations and liquidate Silvergate Bank. https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html

As a former cashier in college, I took pride in being friendly, polite, and efficient. I was consistently ranked highest items per minute among all cashiers at Whole Foods in White Plains, NY! But too many of my coworkers should not had been customer facing...

Whenever I go to Florida to visit friends, I shop at Publix and is always surprised at how expensive that place is. And I come from expensive SF Bay Area. I don't get the hype.

I think I need to see more induction wok cooking before I am willing to switch.

Why CNI or CP and not the others?

here you go: https://archive.is/PQSFB

+1

CLPR?

Surprised that Yahoo still had that many staff https://www.cnbc.com/2023/02/09/yahoo-will-lay-off-nearly-1000-employees-by-end-of-2023.html Private equity firm Apollo Global Management acquired 90% of Yahoo from Verizon in September 2021. The company had about 10,000 employees at that time, according to PitchBook data. Axios reported that more than 1,600 workers would lose their jobs in the latest cuts, suggesting the company’s current head count is closer to 8,000 employees

https://www.cnbc.com/2023/02/09/manhattan-rents-record-high-january.html

here you go https://archive.is/q3XOU

Congrats Greg!

The market for software engineers still seems decently strong. Her other laid off peers got jobs at Reddit/Spotify/startups. Some did go to bigger finance/insurance/non-tech companies but many of them are visa holders. They probably needed the infrastructure to help with their visa stuff. She's going to study and prepare for interviews later this month/next month. We have a 2 month old baby. No rush though. Our PITI is only like $2000 and we have a tenant in an ADU paying $1300. We'll be fine for a while.

Thanks. She's in software engineering. We are in the Bay Area.

There's massive deflation in my household! My wife's 200k/year salary is becoming $1,800/month unemployment payment...

U.S. Supreme Court rejects investor suits over Fannie Mae, Freddie Mac

The Oracle of Omaha struck a gusher with his stakes in Japan’s major trading houses.