CorpRaider

I'm a DCA buyer of SMG here (though I have been). Dividend could get cut and could go lower. I must, however, marshal my resources for the coming BRK below book opportunity, which I do hereby swear to ton.

Nice.

I caught that interesting article yesterday. Didn't look at the embedded chart as closely (I thought that stroll down third ave was neat). That chart makes me wonder what the delta is between NYC and some of those other markets (the flattening and even declining trend in a couple of them). Related Cos continuing to plow ahead and the We-plosion? SLG comments on recent sell side call implied that overseas capital allocators participating in their joint ventures of late think the US is just behind their markets in return to office....maybe due different tightness in labor markets?

Would be interesting. Instead of everyone buying Japanese cars like the 70's everyone would switch their 90's+ huge off road vehicles to hybrids and EVs. I've been thinking 70's for a while with the rise/return of populism and the wall/labor trade constraints all of that pre-regan/pre-clinton stuff coming back bigly. Took a long time to maybe play out.

Yeah LOTR is good. Got me with that Dwarf episode, showing what it was like back in the day. LOTR and the Boys are so much better than anything Netflix has ever done.

Gonna' put them in the Ebay vault?

LAMR, MGM, GOOGL, SLG

SLG. If they cut the divvy I'm couch surfing at Chanos'.

CMCSA

LAMR

https://nypost.com/2022/09/18/back-to-work-barometer-falls-short-of-measuring-up-to-reality-as-offices-fill-up/

CAPE below 29! Not at 8 (yet), but making some moves.

Ebay

If we get to a 7%+ nominal on Treasury zeros, I'ma be posting very infrequently.

El Goog

Wait, one of the Two Cities is St. Louis!?!? Why don't you guys just build staff housing for the workers like (almost) on Sea Island, HHI, or Kiawah. Silly western yankees.

A few shares of ITIC to get reports and pay attention.

Nice. I know I'm over simplifying too, but I figure 'yota has basically been building this system for a long time and they just added a charging plug. Yeah I would not touch a tesla with a 10 foot pole with their lack of service infrastructure and horrible manufacturing problems.

GOOGL

Yeah, I would only do the Ford Escape (40 miles), Sorento or Tuscon (33), Rav4 (42), or Kia SantaFe (32). I've seen some estimates that 30 miles round trip would over the commutes for like 70% of Americans. Pump that up to 50 and add some charging at the office/CBD and it should be yuge. Hey, I read that a lot of people are passing on the reservations for RAV4's and others because of the loss of the tax credit (and potential for new credits/changes in incentives based on the IFRA). So maybe you will get bumped.

PHEVs seem like the better solution to me for the foreseeable future. Take the commuting and routine (~50 mile daily) driving and make it electric with smaller lighter batteries so you don't have as many strains on battery inputs/supply chain and get more miles electric faster. Then you are just building off the current infrastructure. Charge at home or work and pump gas when you run out in between on a road trip. Toyota has been running the dual drive train/system for decades and they are reportedly more reliable/lower maintenance even than the usual legendary Toyotas. I'm trying to hold out for a PHEV Taco or 4Runner, but those kias and hyundai small suvs are very attractive.

$TD

Interesting about Scheiber. Thx, will check it out. I'm listening to a bunch of billboard insider and digital and dirt episodes. Thinking about Lamar.

Nah I don't like him or Roubini, although they both have sweet accents and Roubini has some nuance and isn't a total broken clock. To me, Grantham isn't saying anything controversial, he even acknowledges the lack of observations available when he's in a longer-form interview.

Ahh I like him. First, he has a British accent. Second, c'mon he was on thuh investors podcast end of July and said the same stuff. (He was also like bitcoin is total bullshit and horrible for the planet even after host tried to work him into a favorable opinion like 6 times). He's not a grifter like _____ or something. Even though he's kind of retired, GMO is legit. He's usually quite nuanced (I mean his headlines grab you by the ballsack, but when you get into it's alright, like "the risks are x versus y and historically you get absolutely gutted, so here's something cheaper, do as much as you can stomach." But yeah he's been wrong about over allocating to emerging for a long time. Third, he made a shit ton on a battery tech SPAC and called it out as total bubble/bullshit real time.