Morgan

Not specifically, but just a general interest in science. I like learning about all kinds of different things. : ) it’s really incredible how many different things there are to learn and just how little I know!

I like those videos! Thanks!

Link?

Thanks!

Do you have the link the to the Druckenmiller interview?

This book finally arrived today. It was a fast, but good read. Tons of real advice in there. I'd strongly suggest anyone interested in business read it!

I just ordered the book. I'm looking forward to reading it!

Hi @rb. Just out of curiosity, what did you find interesting about this company? I did a quick glance at the financials and it looks like a very difficult business. I assume you know more about it than me, and the stock did nearly double since your first post. It is also up to $20.00 from $0.90 in 2009.

Those tenants won the lottery getting that building. Keeping it in running condition will be hard if they can't even afford appetizers as @aws said. I'm sure their tune will change when the non-paying residents continue not to pay and the expenses must come from the pockets of the responsible ones. It will be interesting to see a follow up story in a few years. So many people are being priced out of the real estate markets, but really they just don't want to live in cheaper areas. There are huge parts of the US where you can get a decent house for cheap. 25k-250k. So many options, but they want to live the city life for free.

Looks interesting. Thanks for the review. I just ordered it.

I’ve been watching this too! Much better than I thought it’d be!

A beautiful tree is really a blessing. This tree was on a property I recently sold. I should have taken the tree, but I’m not sure where I’d have put it. Or how to move it. Next time I suppose. Edit: I’m not selling any properties to avoid a 20% price drop. No way. I sell if I absolutely must, or have too good of an offer to pass up.

Any idea why they switched? The 172s are very common planes. Those Sonacas look pretty cool though too!

How come you switched planes? The C172 is a good starter plane from what I’ve read. I haven’t taken any lessons, but I want to.

What plane are you learning on?

The area around the Greenbank Observatory is very beautiful! Must have been stunning to see the dark night sky!

Awesome photos! There is so much cool stuff all around us. I can’t wait for the James Webb telescope to be up and running. All the startup procedures are going well from what I’ve read.

That is great! Looks like a lot of fun!

Total side note - that is a great site!

Agreed. I couldn't put the book down either. He really was a special young entrepreneur. Very, very few people are able to build a business like he did, particularly so young. Dell Computers was really innovating on the hardware side to lower costs and provide better machines. It's not surprising they've become so big. Hiding the computers in his neighbors dorm when his parents visited? Classic! lol! He really talked some shit on Icahn! Lol! The remarks on Icahn's wife were over the line, but Carl Icahn is fair game. That being said, taking Dell private was pretty harsh on the small shareholders.

Sounds interesting! Looking forward to your (or anyones) review!

I suppose it is a balance, but I view that as wildly risky compared to having the mortgages paid off. Once the mortgages are paid off, you have so much freedom and ability to withstand an eventual downturn. Not to mention FCFs are higher with no mortgage payments.

That place is cool looking. Very beautiful area too. The roads are supposed to be excellent for motorcycle rides. But you're totally right, that is a long way away!

Agreed, real estate gives a normal person access to (hopefully) safe leverage, and most importantly tons of control. There are so many ways to turn around a failing property. If you own stock, you can buy a good company, the market doesn't like and it crashes. If you add margin or options you can really lose it all real fast. Not to mention you have basically zero control. That being said, it is time consuming to manage your own properties.

R-22 has had some pretty intense prices swings in the last 2 years or so. A 25lb can was $700 two years ago, $350 last summer and $500 now. Personally I'm not a huge fan of the ductless mini-split systems or heat pumps, but I think that is because my area is too cold. Basically they stop working below 15F or maybe 0F. No heat is of course a problem in the coldest days of winter. Anyways, as supplemental AC, it is probably a good solution. I have also found that pros will not work on self purchased ductless mini-split systems. Frankly I think they don't know how to fix them. I don't either though. True. No one wants to quote over the phone. In their defense quoting an entire system without actually seeing it is probably too hard. A 1.5 ton AC unit or 100k Btu furnace has a set price though. I buy from wholesalers like the installers do so prices are decent. I'd say HVAC companies charge 4-8x the cost of the parts, but parts really aren't everything. Having all the tools, work vans, knowledge, licenses, insurance, administrators, and inventory on hand, does cost money.