Gregmal

https://nypost.com/2025/06/10/us-news/la-anti-ice-looters-shatter-apple-store-and-make-off-with-iphones-adidas-in-another-night-of-chaos/ Just sooooo pro business I can't help but check out CREXI for some LA triple net!

Let's not forget that the border was a "complex" issue and there was no easy solution...this after campaigning on open borders and cutting funding for border patrol and ICE. Among the many problems with the party, one of the biggest is they just can not seem to see the obviousness in doing simple things like this. You get a really expensive gift from the federal government, to help you clear out a bunch of shitbags, and the response should be "thank you". Instead, like tribal men, they need to turn it into a fight and be offended. Do they think LA or SF is MORE desirable with the lawlessness, looting and destructive violence? Shouldn't this just be common sense?

I’m a huge Yankee fan. And the Hal Steinbrenner era has been a total failure for Yankee standards. George did whatever it took to win every year. Hal doesn’t want to spend like the Dodgers, isn’t good at developing talent like Tampa, Boston, Houston etc. Is too loyal to mediocre personnel. Hal fires Girardi because Sanchez and Torres don’t want to hustle and hate being held accountable. Fast forward and both were allowed to breathe Yankee stadium oxygen for multiple years past their obvious expiration. Boone can’t manage his way out of a paper bag but gets contract extensions like he’s asking for a piece of gum. They honestly remind me of the mid 2000s Mets. The sign over the hill big names hoping to sell jerseys crap. You think George EVER would have let the Mets outbid him for Soto? Hal is on record saying he isn’t willing to compete financially with the Dodgers.. So while they’ve been around, they’ve never really except for 2017 been seen as a real threat to win it all. Everyone knew the Dodgers would kill them last year. That the Padres were also probably better. So as a fan, especially as one who saw them when real teams were built the right way, Hal’s tenure has been a failure imo because the fundamentals and logic behind the decision making sucks. And what’s worse, like my NJ Devils post lockout….theyre still good enough compete but not good enough to match the best teams and as a result will just linger in purgatory thinking they’re just one piece away from getting over the top when the truth is a strategy reset is dearly needed.

Thing is, that's not really what they do. They tell us that this stuff isn't actually happening LOL. Remember how big a deal COVID was when Trump was in office? Then the second Biden enters all the restrictions and big deal/severity BS all of a sudden stop being forefront and center? Remember how Trump was unfit for office and his kids criminals? And then Biden gets in there and "Hunters not actually in the White House"(even though it turned out he was)...How riots were "peaceful protests" when it was the fraudsters at BLM burning down buildings and businesses, but shoe on the other foot and its a friggin "insurrection"... oh and my favorite, how could we forget! Bidens mental deterioration was simply a "far right conspiracy theory"! Like literally, fuck these people. It doesnt matter what they say anymore.

Yea, it’s moot. Who cares. They obviously feel good about their situation and rightfully so. People are currently flocking to California to take advantage of their high taxes, feces and trash lined streets, shuttered retail stores, insurance claims on their cars, anti law enforcement policies, and hubba hubbas like Karen Bass. It’s all super expensive to rub elbows in the communities where private security handles the day to day but who cares. It’s a rules for thee not for me lifestyle. Long live prosperity.

I was plainly talking about quality of life all along. On that front, California has become a shithole. Businesses are leaving, as are people, especially wealthy ones. You deny these numbers? lol ok and your retort is GDP LMFAO? Nowhere in the country has the homeless problem they do. They openly tell folks they won’t do shit if you steal something under $1000. They riot at the drop of a hat, even after winning the World Series. Plenty of states do it way better, just off the top of my head, Texas, Florida, Colorado, Georgia, North Carolina, Virginia, Nevada, most, probably all of New England… But yea, awesome retort. I mean I’m regularly cited here by people here whom don’t even share my politics as being pretty rational and fact based, meanwhile I don’t think I’ve ever seen you post anything in a non investment thread that doesn’t scream whiny lib.

What does this have to do with anything? Things like quality of life, and rule of law? Such a dumb argument....I'd bet NYC and Chicago are up there too! Total shocker big business is in population dense MSAs! Meanwhile Vermont and New Hampshire, widely considered by many as the some of the best overall quality of life states, darnit, a failure cuz GDP is like bottom 15%....

Well, when you have their current leaders denying violence is occurring and interfering with constitutionally kosher immigration enforcement, you kinda wanna see them get what they deserve. Same with how they behaved during covid.

The statistics aren’t on your side here

lol need a sports thread

And that’s why I wouldn’t argue with the failure part. It was always championship or bust. That was the standard and they were the MLB gold standard. Now Hal is content doing just enough to be in the mix. Never the best, never the worst, but where it counts, outspent by the Dodgers and Mets, out moneyballed by the Rays and Sox, just a mediocre franchise within the context of their former glory.

Past glory. It still clearly benefitting from what it attracted when it wasn't engaging in the crap it does today. I'm a Yankee fan and it's the same as me objecting to someone saying the Yankees have been an utter failure. I could bring up the past glory, the number of championships, the rich history of players, etc...but Id be deliberately doing that to compensate for the utter failure they've been since George passed; where they spend like drunken sailors, mismanage prospects, have a horrible medical staff, and outside of just saying "we're the yankees and here's a bag of money" they dont have the same future they once did. And all this can be true, and is true, despite the fact that perennially theyre a playoff team and they regularly have solid win/less records, but the futility resulting from mismanagement and taking their status for granted is undeniable. That's California in a nutshell. So yea, riot away. Eh peaceful protest away.

This was what I was typing without thinking of it too seriously. It’s the current state of affairs and the trajectory. Not what was once great about it. California was a beautiful and prosperous land of opportunity(for pretty much its entire existence) until it was ruined by progressive ideology and politics the last decade. And the numbers don’t lie. Those great businesses are fleeing, and same with the people. Don’t really care how great it once was, same can be said for a lot of places. Today it’s what? The land of face masks and colorful shoes?

Totally agree. If LA and greater California want to continue to be disgusting, crime and homeless ridden shitholes then let em burn. No need to waste resources on those feckless failures.

Yea, totally. My thesis on Berkshire now pushing probably a decade, is that after a “cooling off” period following Buffetts resignation, would be the unleashing of the “80s Goldman Sachs effect”, where some of the brightest minds in the world, employed by Berkshire, get free reign to start allocating efficiently, which will be a windfall for shareholders. This will be a welcome replacement to the current “allocate responsibly” policy, which frankly, has been a turd for the last good while. Since “responsible” means “sell when things are cheap” and “make the occasional shitco bet, ala OXY” when they are dear, it should be evident we have a lot of upside if the status quo changes.

For most, buying your first home is going to feel super risky, and highly irresponsible. It's going to make you squirm, and the timing likely won't be perfect. Often learning to deal with and manage these feelings, and overcome them when it makes sense, is the key to getting ahead in life. If you want to be like everyone else, you'll get what everyone else gets. If you separate yourself, or take risks others won't, you'll have a chance to succeed.

Can’t you just keep your current allocation and then cap position size? Which over time will free up capital gradually and diversify?

Nah it just becomes wildly amusing in its entirety. Like these fools can't get anything right and when the curtain comes back(IE Trump and Musk having falling out) it just shows they were lying or making things up in the first place. They can not be relied on for anything. Their opinions and presentations of facts are worthless. If nothing else, the reasonable conclusion would be that Trump used Elon, and then tossed him aside with no parting loyalty bonus filled gift basket. Now they go at it, and both end up losing although I think Trump stands to lose more because Elon+Trump had way more legitimacy than whatever things look like now. (Again, maybe not to the loony libs whom have always had the same stupid and predictable derangement infused conclusions drawn, but to the average American Trump+ Elon clearly revitalized the party for a bit).

Remember when these idiots were pushing the “President Musk” rhetoric. They literally always end up chasing their tails on the wrong side of things. Delusion is a dangerous drug.

LOL still looking for inflation? Gonna laugh when the predicted 5 or 6 print for June/July comes in at half that and folks have to resort to tenths of a percent game again...

Yea the problem is that people whom tend to think the markets are substantially overvalued, always think the markets are substantially overvalued.

Yup. But people feel smart being more active.

lol just wait til we bounce back to 4.5 again. The circus will start back up again. Rah rah

100%. It’s like being at the zoo watching all the monkeys throw around hard “facts” about inflation. Being “50%” above target, 3 vs 2, meteoric “spikes” month to month cuz 0.3 vs 0.4, and how 2% is the goal and 3% is runaway inflation lol. In many of these cases, yes, you’d be better off just completely ignoring all of it

Ah so the next time the 10 year fluctuates back to 4.50% we start yelling and screaming again, nice!