@david_katunaric @TiehackCapital @gatorcapital I second this! I have been tracking him for years and did not invest despite several opportunities to do so. Biggest blunder on my part.
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There aren’t many funds in the world better than
@gatorcapital. Full stop.
They’ve beaten every major index and compounded 20%+ annually since July 2008 — and they did it not by running a NASDAQ proxy, but by buying mostly banks and insurance, and doing old-school, bottom-up research in the financial sector.
A strategy I’m sure many of Gator's peers would blame for why they are “currently underperforming the S&P.”
My favorite story from Derek’s letters is how he shorted $HOOD from December 2021 to April 2022, kept tracking the progress of the business even after closing the position...
…and then stayed open-minded enough to go long in November 2023 at $8, when the market gave him the opportunity to do so.
Judging by the current Fu price of $115 — and the reasoning Derek laid out back in January 2024 — he clearly nailed the thesis and made a killing for himself and his investors. (I believe they're still long)
It doesn’t make sense that investors who actually know what they’re doing — and who’ve delivered 30× for their early LPs — get so little spotlight on this platform. So I hope this tweet gets seen.
In my view, the investors worth paying attention to aren’t the ones who got lucky riding a factor tailwind (value in the 2000s, growth in the 2010s), but the ones who do well in any environment (like Derek).
...and then absolutely crush it when the sentiment swings in their favor and gives their strategy an extra push.
(not sponsored ofc, I like Gator)
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Tomorrow is Halloween but the real nightmare begins November 1st when healthcare open enrollment begins.
My wife and I are business owners who pay for our own healthcare but we will be making a big change this year.
If you’re a freelancer, business owner or someone who pays for their own health insurance read on:
Our premiums, deductibles and maximum out-of-pocket limits have increased +20% per year and will likely be higher in 2026.
For a family of five we pay $20k+ per year in premiums with a deductible and an out-of-pocket max almost as high.
I have been following @JoinCrowdHealth, a crowd sharing plan, for a few years but wasn’t sure if their model would work for us.
Disclaimer: I have no affiliation with nor do I represent CrowdHealth in any capacity.
Healthshare plans like CrowdHealth can be hard to compare apples-to-apples against traditional insurance, so I built a simple spreadsheet tool that helped me analyze the differences between:
• Monthly premiums vs. contributions
• Deductibles vs. shared amounts
• Coverage limits and exclusions
• Annual out-of-pocket costs based on specific scenarios
By my analysis we should be able to cut our healthcare expenses 30% to 50% by joining CrowdHealth.
If you’re not familiar with crowd sharing plans, they’ve been around for a long time.
The basics for CrowdHealth’s model:
• You pay monthly subscription + share amount instead of a premium
• You pay for the first $500 of any procedure
• Pre-existing conditions are excluded for 2 years but capped after
• They help you negotiate potentially significant cash pay discounts
My analysis gave us clarity in analyzing the differences and confidence in deciding to make the switch.
Every situation is unique, but I wanted to create a tool that makes a confusing topic a little clearer.
👉 Comment “Health” and I’ll send you the spreadsheet that includes a short walkthrough video.
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@InvestmentJoy @nateobrienn Because it's cynical comment and unless meant as a joke, in poor taste IMO.
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I don't know if he actually believes this / this is his plan, but it is wild to even repost this
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Not sure if you guys saw this but Trump retweeted this on his platform
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The greatest sales promotion ever run.
February 2021 was the lowest moment in our business' history. The lockdowns had prevented new admissions and the COVID 19 virus had destroyed us.
We had 100 less residents in February of 2021 than the year previous. Not only were our expenses up, but our revenue was down nearly $500k a month.
After spending weeks on the phone begging lenders, investors and vendors for relief we had about 4 months left.
We called a meeting for all the salespeople in the company and told them basically we are doing everything in our power on the expense side to buy them enough time to save the company.
If they could get back 50 of the lost 100 residents by year end, we estimated that we probably could make it.
One of our salespeople said F*!k that, what do we get if we can get back 100.
In that moment we decided if we got 100 back before year end, which would be nearly double the best we had ever done, we'd take everyone to Greece. With a plus one.
It became a rallying cry. A text chain started between all 7 salespeople, regionals, Chuck and me. Every time an admission came in a text would go around with a photo of Greece.
By the end of the year, we had a net gain of 137 residents, and we all went to Greece that following May.
It was the coolest thing I have ever been a part of professionally.
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I just delivered the payoff on a seller note. We committed to 36 months but paid it off in full in 20, without a discount.
Seller notes have played a vital role in our growth, and I take pride in knowing we delivered on our commitment.
We made a promise, and we kept it.
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@bratanov @lexfridman Zelenskyy's English is completely inadequate for this conversation. Honestly, when he did switch to English, it took away from what he was trying to say.
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@lexfridman Why did you suggest Interview with Zelenskyy in russian? Both of you speak English, most of your audience speaks English, yet you want Zelenskyy to use the language of aggressor? 🤔
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I'm in Kyiv to interview President Zelenskyy, trying to do my small part in pushing for peace.
This photo is of me visiting Babi Yar yesterday, a place where many in my family were slaughtered by Nazi forces in 1941. They were ordered to gather with valuables with the promise they'd be "resettled", and then forced to lay down in this ravine on top of other people's bodies and were shot. Over 30,000 people were slaughtered in this way in just 2 days.
Let me add another note, because sadly I'm attacked a lot online by all sides but in this case Ukrainian people. I'm told by many Ukrainian friends (living in Ukraine) that the attacks are voices propped up by Ukrainian bot farms. I disagree, and I think it's not a good way to operate intellectually, thinking that anyone attacking me is a bot, and anyone supporting me is a smart thoughtful human being 🤣 Maybe it's true sometimes, but it's better to assume it's not. I prefer to assume it's just a lot of passionate people who care about Ukraine and yes sometimes get caught up in the witch-burning hysteria of the crowd. The far left and far right in United States did this a lot over the past few years.
Anyway, in the previous post, I already correcting a bunch of lies spread about me online about my my background. I explained my family roots in Ukraine, and now let me add some more context to the pile about my previous visit to Ukraine during the war.
I visited Ukraine in summer of 2022, traveling to Bucha, Borodyanka, Kyiv, Kryvyi Rih, and several places on the front in Kherson Oblast.
This trip was personal. Most of it was not recorded, and was not meant to be recorded. I had two goals for the trip:
1. To interview President Zelenskyy
2. For me to personally understand and feel the reality of this war.
For the first part, President Zelenskyy eventually agreed, and that's why I'm back in Kyiv.
For the second part, I spoke with hundreds of people off-mic (not recorded, just human to human), including soldiers, civilians, politicians, artists, religious leaders, journalists, economists, historians, and technologists. I recorded only a tiny number of these, with no intent to publish them as standalone episodes, but instead to maybe consider including them in a documentary-style video as part of a Zelensky interview (if it happens during the 2022 visit), kind of like David Letterman did. But the project quickly fell apart and started to not make sense, not in the way I was approaching it. As I was speaking with people (off-mic), the conversations I enjoyed having most and that I felt would powerfully show the beauty and pain of Ukrainian people in this war would be with hundreds of soldiers and civilians. The interviews I DID record were simply just not good conversations, and it's my fault, and I take full responsibility for that. They were short (by my standard: ~1 hour) where I asked disparate generic questions, which resulted in shallow generic conversation. I quickly realized that I would need to change my approach. I would need to either make a documentary by recording hundreds of conversations with soldiers & civilians or do full normal deep-dive 3-5+ hour podcasts with individual people. I agreed to do the latter with a few folks I met, including President Zelenskyy. I did an episode with Ukrainian historian Serhii Plokhy in this style.
Almost all the people I spoke with on and off-mic have reached out with support and total understanding. Many have become good friends. Still, I'm deeply sorry for the many ways I've failed in this effort, but I promise I'm working really hard to get better.
I really do try with all my heart to speak to people from all sides with empathy, depth, and compassion.
I'm sure the attacks will continue, but at least now you have some more context.
Sorry for the long post, and any mistakes (I didn't proofread). I'm writing it looking over Kyiv as the sun rises.
Happy Holidays. I love you all ❤️
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I closed today on the largest transaction of my career: three Class A senior living communities in Green, Canton, and Westerville, Ohio. All are 100% occupied with waiting lists.
This marks our first communities in Ohio, and we plan to grow the region to 12 communities over the next five years.
If you’re connected to senior living in Ohio, I’d love to connect.
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@LPWhisperer Hahaha I know, I was being sarcastic. Returns are a dream at this point. LPs in these deals should at best hope for return of their capital and at worst hope they don’t have a recourse obligation from some “genius” financial engineering.
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