Risk Arb
322 posts
Risk Arb
@devilsbanker
Investor | Mostly discussing $CSU.TO $FFH.TO $TVK.TO on this site
Talking to myself 参加日 Aralık 2024
48 フォロー中20 フォロワー
I think the 1.76m $FFH.TO shares they control via the TRS are also just deferred buybacks. Meanwhile, fans of Outsiders can’t believe their lying eyes.
Jason Garner@DukeInShadows
Fairfax Financial in two graphs: 160% BVPS Growth while 20% less shares outstanding. $FFH.TO
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@devilsbanker You could sell for below market rate, but why would you do that?
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There is a good case to be made that a one-time reduction in taxes and fees translates into a one-time price reduction in homes, all else equal.
But it is never all else equal.
Jeremiah Shamess | Toronto Land & Building Sales@JShamess
“We live in a country with no sales tax on caviar and foie gras. But if a family with kids wants to buy a small, entry-level townhome, they pay tens of thousands in HST, and if you suggest lowering these housing taxes, progressives will cry that you're subsidizing the rich.” - @MikePMoffatt
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@devilsbanker I bet you will take whatever the market gives you irrespective of regime.
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@evrgn11112231 Is $META seriously 10x NTM EBITDA ? Or is screening service wrong ?
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THE SCENARIOS (Mar 13, 2026) 🎯
Putting it all together, Claude 4.6 gives the highest probability for 10-25% correction in prices by the end of 2026. 11/11
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🧵 GVR housing 2026:
March historically has the highest Sales to Active Listing Ratio of the year.
Mid-month numbers in March 2026 show a SAL on track to be the lowest on record for the month of March. 1/
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Overall sales in March are considerably below average, and inventory remains considerably higher than the long term average. The buyer's market continues. 3/3
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Sales to New Listing Ratio remains in buyer's territory in GVR (we just finished week 13 of the year). 1/
#vanRE
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@BoringBiz_ After banking move back to your hometown, marry a prom queen & develop a real estate empire
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If you want to leave banking or private equity but not sure where to go next, consider reaching out to Hebbia
They are deploying AI at breakneck speed across some of the largest financial firms
Great opportunity if you have the risk tolerance for a startup and want upside
George Sivulka@gsivulka
Introducing the "Forward-Deployed Banker" Come work at the intersection of finance and AI… we’re hiring!
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@TatarynMary @StepUPnow_ca They NFPs are all audited. Some audits are behind schedule but there are records. If you ask bureaucrats st VCH & BC Housing to explain the spending I’m sure you get a garbage answer
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@StepUPnow_ca There must be books and an accounting system! Where is the checks and balances. Taxpayers spend 5 million dollars a day in the DTES! 🤬
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Downtown Eastside organizations admit: "We don't know where the money's going" | Daily Hive | Urbanized dailyhive.com/vancouver/down…
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@StepUPnow_ca @SassyMay18 Nobody is profiting. If you mean money is being spent - sure. Mostly wages to nurses and union members who care for these people on the streets.
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@BoringBiz_ Yes. Now developing real estate and spending time with my girls.
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You enter a warp somewhere around the age of 18 and then come out of that warp at 35
The rest of your life is determined by what you did and what decisions you made in that time period
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@604Donny @iamkennethchan @JohnnyUtahVan I think it would cost hundreds of $ per square foot to renovate. So I don’t agree on the $45M. I’d also like to see the wards opened and re claim our city streets.
But the voting base disagrees!
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@devilsbanker @iamkennethchan @JohnnyUtahVan It would probably be cheaper to reopen the psych wards, would reduce overdoses, would clean up the streets, would lower crime.
According to estimates, it would cost $45m/yr to reopen such a facility. Still saving money.
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Former Vancouver mayor Larry Campbell on Downtown Eastside organizations.
"We don't know where the money's going."
"We spend a lot of money down there. It's not about the amount that we spend. It's about the results that we get." #bcpoli #vanpoli #vanre
dailyhive.com/vancouver/down…
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@604Donny @iamkennethchan @JohnnyUtahVan And as I’ve said, if you’d like to reopen then psych wards then you will pay the bills to operate those.
There is no cheap fix to deal with this population
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@604Donny @iamkennethchan @JohnnyUtahVan It’s mostly labor cost paid to union workers - there isn’t much room to cut/negotiate.
It’s not just about giving them $ for a room to rent. These people have medical needs & require nursing. So your $1800/mo x population does not come close to addressing the problem
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@604Donny @iamkennethchan @JohnnyUtahVan Second, these people absolutely trash the SROs they are given and you will constantly need to renovate. Renovation can cost $30,000 every time a tenant moves out.
Who is offering you the apartments to house these people ? No landlord I’ve met will
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@604Donny @iamkennethchan @JohnnyUtahVan First, the reason we spend the money is because society voted to close involuntary facilities. If you’d like to renovate & re open then you’ll pay NFPs & nurses to run those instead. Will that be cheaper ?
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@604Donny @iamkennethchan @JohnnyUtahVan DTES is mental illness and drug addiction. The budgets are intended to triage and minimize it getting worse.
Nobody involved expects the current budget to improve conditions
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@devilsbanker @iamkennethchan @JohnnyUtahVan The point of the article.. tens of millions (or hundreds of millions), and the situation has only gotten worse, by most metrics.
It’s not entirely their fault, though, we can also thank the harm reduction nurses association!
drugpolicy.ca/for-immediate-…
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@604Donny @iamkennethchan @JohnnyUtahVan What’s your expectation? They will eradicate homelessness ?
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@devilsbanker @iamkennethchan @JohnnyUtahVan They spend $55m/yr and .. they sure have a lot to show for it.
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