BG2008

Being Chinese, I love all types of carbs, rice, noodles, pasta, bread, etc. Heck, I love food in general. But carbs will literally sap hours of productivity from me. I am amazed how I used to get work done in HS. The sheer amount of carbs that I use to eat is terrifying and I am surprised that I am not diabetic. I mean literally a 1/2 to a whole quart of rice for lunch and dinner. I would almost pass out after lunch everyday. Protein and fat do not affect me the same way. But I have notice that feeding in general takes away at least 2 hours of productivity due to preparation and the stupor/need to veg. Ha, I need to look into Rucking. From your post, I couldn't tell you were Chinese! Aiya! It's okay, since I am too, right? Haha, my wife works as a dental hygienist and she says that her patients always think she married a big tall white dude. Football, wrestling, croquet, being in a college frat, works in finance, etc. One of her patients said "your husband really understands Chinese culture." and she goes "he is Chinese"

For hard boiled eggs, nothing beats putting eggs in the Instant pot on steam for 4, 5,6, 7 minutes for different degrees of runny-ness

I just want to add that everybody is different as in literally every "body" is different. We have different height, weight, muscle mass, athletic abilities, sleep requirements etc.

Any YouTube Video Tutorials etc?

Any youtube video, books, tutorials?

Being Chinese, I love all types of carbs, rice, noodles, pasta, bread, etc. Heck, I love food in general. But carbs will literally sap hours of productivity from me. I am amazed how I used to get work done in HS. The sheer amount of carbs that I use to eat is terrifying and I am surprised that I am not diabetic. I mean literally a 1/2 to a whole quart of rice for lunch and dinner. I would almost pass out after lunch everyday. Protein and fat do not affect me the same way. But I have notice that feeding in general takes away at least 2 hours of productivity due to preparation and the stupor/need to veg. Ha, I need to look into Rucking.

I have mentioned a few times here that I started eating Keto and it had helped me lose a ton of weight. Lately, I have gotten more into fasting and I am currently trying out OMAD (One Meal A Day). Since I am the cook in the house, I just find eating 2-3 meals a day a chore and a bother. Meal prep, eating, taking a break, having insulin spike, and fluctuating energy levels. It breaks up my day. Eating more meals also means that I am more likely to go over my 20 grams of net carbs a day. I tried a 48 hour fast last week and I was astounded at how much more work I was able to get done. I am thinking about the following: 1) Eat 5 times during the week ==>> more uninterrupted work windows ==>> more productivity and less dishes to clean (which I hate) 2) Helps with being in Ketosis which I find to be very helpful for concentration and likely blood work. 3) Coffee helps a lot - I had my cold brew since 10-11AM and it's been great (Captain Obvioius) Does anyone have similar experiences? Anyone care on sharing productivity tips? I have been grinding for the last 4 hours and it feels great to get so much work done.

Most of the homes, especially in the Keys are built to avoid that. For instance where I'm at is roughly 8 ft above see level. And the units are an additional 10-12 ft elevated. Most of the complexes and homes look like the one in this link: https://blog.iese.edu/doing-business/2016/08/22/climate-change-and-the-florida-keys/ End of the day, if you are hugely concerned about global warming and not bullish on dredging/seawall type engineering solutions, its probably not the place to buy property. If you arent, there is hardly anywhere like it IMO, especially of you like fishing, scuba, island life, etc. Gregmal, When are we going to have a blow out CoBF party at your Keys house? I'll fry the fish and make Mahi Mahi tacos.

Muscleman's family is Chinese from his previous posts. This is why the Chinese wind up owning most of the real estate. Because we have had 5,000 years of dealing with land scarcity. Americans has this wide open land mass that allow them to continue to build outward. So Americans tend to think of renting. Either that or Americans are lazy people who spent all their money. They make fun of the Chinese people for speaking bad English and working in the Chinese take outs. The kids winds up saving money and buying the RE who they rent to the Americans. I'm half joking and half serious. But I have seen enough of these stories play out that it's got an ounce of truth to it. Ask any Asian parents for $50k to start a hedge fund and they will scold you for gambling. Ask them for a $250k down payment and they will re-mortgage their primary residence to help you out. Muscleman's quest to look to buy a vacation rental and your response are very telling of the different philosophical approaches to real asset ownership. My $0.02

Love topics like this on CoBF. I recently bought a beach house and we are moving there in a couple months. The carry cost is less than my rent after my upstairs tenant pays me. But of course, there is that pesky down payment. :) Gregmal, how many properties do you own? Damn.

I'm telling you, young people in 30 years will call me a murder for eating meat This could very well be correct and is all the more reason to eat all you can right now. Going to a BBQ place tonite, so I am doing my part. In 30 years, Franklin's BBQ in Austin will probably be compared to some a certain German dictator that we all know. Instagram Foodie accounts will be the digital evidence room. But for now, eat up!

I'm telling you, young people in 30 years will call me a murder for eating meat

Yeah, every time we have a crisis, everyone says "plummet" "spirals out of control" "slammed". In the Queens residential rental market. We got down to about 50% rent collection in April from the chatters that I had with people. Many of the tenants are restaurant employees. But by July, they are getting close to 80-100% rent collection. Obviously, smaller # of units equals big fluctuations. But if you talk to enough people, the overall numbers tend to be meaningful. The things that worries me is the crime. Simply put, if a cute 22 year college grad is afraid to move to NYC because she feels (doesn't matter if it's true or not) unsafe, then we have a problem. The key is the perception not the actual stats. If that cute 22 year old don't want to move to NYC, then the companies have no reason to set up shop there. That's a real spiral. This is why I worry about DeBlasio. The only time that I have really seen the US Housing Market get SLAMMED was during 08/09. It really got slammed. Simply put, people could not afford the mortgage. It was ludicrous. If you have 20-30% equity in your RE and you can service the debt, you will do everything you can to hold onto it and keep chugging on. In RE, the transactions happen because either you can no longer pay your mortgage or your bank force you to sell. No one sells RE in the private market by saying "hmm, this looks a little rich, let me sell and re-deploy into some other liquid asset class. I don't mind paying cap gains and depreciation recapture as well." Depreciation Recapture is a bitch. As I have gotten older, I have come to appreciate how much inertia there is once you have kids and wife. Man, I don't make the most rational decision anymore on a purely financial basis. Rule number one, keep the Mrs happy. Rule number two, listen to the Mrs. Rule number three, pay attention to the future needs of your kids. Rule number four, don't forget these 3 rules and verbally communicate to the Mrs. that those are your top priorities. Rule number five, now you can think about what you want.

I made a thread about Robinhood crowd going "Full Retard" on Kodak This is likely what's driving this 10 bagger is a 10 bagger. Can't complain. There were some hedges that I bought going into March that I liquidated for about 10-11x. I had puts on Royal Carribean that I sold for a double. $100 strike, March expiration, paid $1 and sold for $2. Those would have been a 60-70x at its low. But I had a broad basket that was up 10-11x. Thanks for reminding me of this!!! I almost forgot about it! Attach trigger warning next. JK. I'm perfectly fine with the outcome.

Dude, he didn't let it rule his life? His wife left him and his kids talked about how distant he was growing up. I had a chance to ask Alice that Asperger question in person a couple years back, I regret not asking it. In the grand scheme of things, I owe my investing career to Buffet. Over time, I have come to really appreciate how impressive his writing and lessons are. Relative to other wealthy and successful business personalities, he's a saint. There is rumors that Larry Ellison uses his daughter's film company, which he bankrolls, to offer auditions to young ladies in exchange for you know what favors. Pure rumors. No proof. Relative to your average father making $75,000 a year that manage to spend time with their kids, he can't hold their jock straps as a father. I guess I have studied the man quite a bit that I can't help myself make these distinctions.

Dude, he didn't let it rule his life? His wife left him and his kids talked about how distant he was growing up. I'm going to agree with Stahleyp here. If you read Snowball, it is very obvious that Buffet is a subpar father. Then there's the tidbit about how he would invite people to come visit and stay with him. When people show up with their family from out of town, he wouldn't spend anytime with him. He loves showing up his intellect, especially to females. Alice talks about how his wife got jealous because he was showing off his intellect on the private jet. Buffet was a klepto in his late teens. I think one of his sons had a bit of klepto streak during his teens. Peter Buffet gives talks about growing up a Buffet. I think he really always want to carve out his own niche for his own work and not that he's Warren Buffet's son. Bill Brewster has talked about this quite a bit on Toby's podcast.

One of the checklist that I want to have in the future is "Can this name potentially go FullTard?" It is a legitimate question. If there is a tech, infrastructure, space travel, or something to hook a retail buyer base on, it's an additional feature.

Hahahahhah .... Hahahahhaha That never happens if you're a rational investor or a value investor. In my career I once got a little retard, like 10%-20% retard and I thanked the heaves for it. If I ever get full 100% retard I buy beers for the whole board. You once got a little retard or your name got a little retard? I am not looking to go retard. I want my name to go a little retard.

Frankly, I wish that some of the names that I own would go FullTard

Tendy's all around! It's FullTard Time!

Title says it? Thoughts?

Gregmal, Why don't you just tell it like it is. You bought it for the potential "Tech Lock and Pop" effect.

Pupil, what's your take on the offsetting effects of lower interest rates vs lower rent/occupancy? I feel like they wind up being a draw. Thoughts? I'm talking specifically multi-family. Heck, maybe we should hedge our MF exposure with some homebuilders as post 2009, there was a decade where young people moved into the city to work and fornicate. That huge demographics group now has kids and are likely looking to buy houses.

If anything, I think we know that the public market just can't stomach YOY declines. If you hold out 2-3 years, things tend to work out best. I generally like this asset class as there are less long term secular 4-D chess that you are playing. Sure YOY rent, occupancy, etc will look bad. But if you own stuff that has 5-6% yield. You can create your own form of share buybacks.

Can you explain this a bit. I kind of have a sense of what you mean. Still love that WWE video that you did a few years ago in which you explain the genius of Vince going over the top.