Brad Devault

@davidallen595 @cgotterup132 @NOTdaRealGil I’m considering this, played the S over the winter, but seems to really roll out on firm greens.

@cgotterup132 @NOTdaRealGil I play the Tour when it warms up and the S or the Revolution during the colder times.

I’m Maxfli curious. Currently playing the ProV1 for nothing more than it’s the right spin profile for my driver, gives me good green side spin and I like the softer feel for putting + feels more premium than Titleist cheaper opt. Do I need to the Tour or TourX? @NOTdaRealGil SOS

@eli_hardin @jamescolgan26 @KVanValkenburg @GOLF_com Pretty sure that was sarcasm and not serious. Tone down your outrage.

Some of Fazio’s comments in this (fabulous) story on the Trump muni takeover are so out of touch they literally defy belief. Like if a guy accused of arson gave an interview talking about the benefits of gasoline, matches and fire insurance payouts

@PrefEquityPeter @BoringBiz_ You could say the Lenders ultimately pay the price.

@BoringBiz_ The issue isn’t private equity. It’s leverage. Levering an asset to the hilt to financially engineer a higher IRR doesn’t benefit any company’s organic growth. The only ones benefiting from those companies being levered up are funds, lenders, and their LPs.

Maybe I will get crucified for saying this but I fundamentally believe that private equity is a force for good in our society You always hear stories of the companies that go wrong, but you never hear about the trillions in dollars in value and millions of jobs that private equity has created A lot more businesses in America would go bankrupt or be shut down if private equity didn’t exist because the owners simply have no interest in running the company anymore In simple words, more jobs would be lost every single year without private equity There are a thousand examples of this, and not a single one receives the same level of press coverage As private equity backed companies scale and grow, they hire more people. Capital gets allocated more efficiently across parts of the economy that deserve it. Business owners who have worked hard and broken their backs their entire lives to build their business get to retire off the fruits of their labor because of private equity

@BoringBiz_ @ScottPatterson0 Both opinions can be true, there are good and bad Private Equity groups. There is no question that Red Lobster was ruined by private equity. As have several other retail brands. Every dentist office and Vet is now more expensive and providing services customers don’t need.

@ScottPatterson0 thank you

@amuse @SenWarren @grok Claire’s was for sure.

@SenWarren @grok were any of the following retailers located in enclosed malls: Joann Fabrics, Red Lobster, or Claire’s?

How private equity gutted local malls: Joann Fabrics, Red Lobster, Claire's, and more.

@clarkycogitates @billybinion Also, everyone says “pay the teachers more”, but schools just add administrators, so why give them more money?

@DevaultBrad @billybinion sure, but it’s not 25 students per teacher. and I fundamentally disagree that spending $20-30k per student per year is “a ton of money” to educate and help raise the next generation. but I do agree we need to hold the system to account on improving the outcomes.

I’m so tired of this talking point. Tom Steyer is running for governor of California, which spent $20,000 *per student* in 2023. That’s double what the state spent just 10 years ago. And yet test scores are *declining.* The idea that we don’t “invest in schools” is a myth.

@clarkycogitates @billybinion $30k a year is private school level of cost, there should be benefits of scale that keep public schools lower. Not to mention that fund raising isn’t included in those numbers.

@clarkycogitates @billybinion Classrooms have 20-25 students, sometime more in high school. It’s a ton of money to spend to have awful outcomes.

@billybinion to be fair, $20,000 isn’t really “a lot“ to spend per student. for a classroom of say, 15 students, that’s barely enough to pay a single teacher’s salary + benefits, facilities and utilities, disposables, and a proportion of school supporting staff.

@cturnbull1968 Dude you don’t understand the tax code.

He’s right, of course. Because he already pays the max on his salary of $81,840. If you want to tax billionaires, you don’t raise their taxes, you minimize their deductions and eliminate their loopholes.

@JCGoolsby63 @compliantvc There are millions of more jobs available in the US due to the fact that a company can fire employees.

@compliantvc Because of this policy in the EU and forced employment, Americans are laid off first. This is costing American jobs and he's rubbing it in your face.

Laying off people without their consent is a major labour law violation Expect another $1.2 billion fine from the EU, Mr. Zuckerberg

@MartySmithESPN Life is a lot more interesting when there are words and sounds you only hear in certain parts of the country.

I’m from Appalachia. I grew up hearing all manner of colloquialisms from my dad and his buddies. Folks where I grew up use these sayings. We aren’t dumb. We aren’t frauds. The antithesis, in fact. My dad was a Virginia Tech-educated CFO and farmer. He would have been 79 today.

@SHistorians We need to consider that Bryson isn’t as smart as he thinks he is

I have a question about Bryson’s bulge and roll irons? I “think” I can imagine how bulge and roll irons might be good for a bogey golfer, but a tour pros wear pattern is like the size of a nickel. Why would you want anything but a flat faced iron if you are a professional golfer? Serious question. I like Bryson and wish him well- but I don’t understand this tech. @MyGolfSpy @brysondech

@DFWJoeAskew I think it’s just regression back the to mean, hard to really jump 50% and not regress a little bit.

@DevaultBrad But how? Advertising? Can’t imagine quality of product has really changed at all YoY.

So many questions: What is chilis doing right? Is fuzzys the ultimate example of grew too fast franchise? Wingstop is still a thing!?

@NNN_Market Will they look at a Dispensary in Florida?

BUYER WANT: 1031 Buyer - Abs. NNN Retail Brisky Net Lease has an active 1031 buyer seeking retail absolute NNN investments under $1.65M.... Brisky Net Lease nnn.market/app/wants/list… #nnn #cre #triplenet #1031exchange #retwit via @NNN_Market

@GardinerIsland Why doesn’t India send its Navy to protect their ships?

so Iran sank an Indian registered ship in Strait this week when does Trump grasp his 'truce' is a fucking joke either finish the job or GTFO of there

@willstancilfan @JenGeorge10 @GenXReaction @DanFriedman81 This is the point. Most of us are average, we do what is normal. Someone that ends up a Supreme Court Justice is not “normal” and very likely does think that most would think are weird or unusual.

@JenGeorge10 @GenXReaction @DanFriedman81 Nor is being a supreme court justice lol

Brett Kavanaugh, a man in his 50s, had been valedictorian of his high school, at Yale College and a star student at Yale Law, had clerked for the Supreme Court, had a top career as an appellate lawyer and federal judge and a pristine reputation, and then a random woman from the town he grew up in claimed he had groped her at a party 35 years earlier when they were in high school. Kavanaugh didn’t try to argue that the incident was consensual. He didn’t claim he remembered things differently than she did. He immediately stated that he had never even met the accuser. Denying ever meeting the accuser is a much stronger claim than merely denying assaulting her, and much easier to refute. After Kavanaugh made this denial, Christine Blasey-Ford no longer had to prove he had sexually assaulted her to scuttle his nomination, she only had to prove that the two of them had attended a party together at which such an assault might have occurred. She was unable to do so. She did not know whose house the alleged assault occurred at. None of the people she claimed attended the party corroborated any aspect of her account. Leland Keyser, a friend of Blasey-Ford’s, who the accuser claimed was at the alleged party, said she recalled no such event and had never met Kavanaugh. Kavanaugh produced a detailed calendar he had kept during the summer Blasey-Ford alleged she was assaulted, which included his whereabouts of every weekend night and listing who he was with. Kavanaugh argued that he could alibi himself and provide witnesses for any night Blasey-Ford claimed she might have been at a party with him. Blasey-Ford responded that she did not know the date of her assault and was not entirely certain it even occurred that year. Instead of being seen as persuasive, Kavanaugh’s calendar was mocked in both mainstream and social media because the reason he kept it was for a drinking contest he was having with his friends. Nearly a decade later, there is still not a single shred of proof or a single witness who will corroborate the claim that Brett Kavanaugh and Christine Blasey-Ford were ever in the same room before she testified at his confirmation hearing. Nonetheless, people like Nick Kristof still claim Kavanaugh was “credibly accused” of sexually assaulting this woman.

@MichaelLagazo This is not intellectually honest. 7-11 has thousands of locations, many of which overlap recent purchases of other brands, are relocations, or are not the size of the brands current fleet. 7-11 is also opening new stores.

Buc-ee's is expanding to 20 states. The real estate story behind that number is what investors need to understand. Buc-ee's — the Texas-based travel plaza brand with a cult following, 220-pump gas stations, and 74,000-square-foot stores — is pushing into six new states, targeting 20 total by 2027. Arizona and Arkansas open this year. Wisconsin, Louisiana, Kansas, and North Carolina follow in 2027. That headline appeared in trade press this week. Here is what the headline does not say. WHAT BUC-EE'S EXPANSION ACTUALLY SIGNALS Buc-ee's does not open in locations that are convenient or inexpensive. They open at high-traffic interstate intersections in markets with strong population growth trajectories. Their site selection process is methodical, their real estate requirements are massive (74,000 SF, 120–220 fueling positions, significant land), and their projected economic impact is substantial — one new Buc-ee's location is estimated to generate $5.9 million in property taxes over 15 years plus significant sales tax contribution. When a destination retailer commits to 74,000-square-foot travel plaza builds in six new states, it is making a bet on the sustained economic vitality of those markets. These are not short-term leases in suburban strip centers. They are full land ownership, permanent infrastructure investments. This is the retailer equivalent of a conviction bet — not on a trend, but on the structural economic growth of specific corridors and markets. THE CONTRAST WORTH NOTING At the same time, 7-Eleven is closing more than 600 stores this year. The same inflationary environment and consumer pressure that is driving value-seeking behavior is benefiting retailers with a clear identity — and punishing those without one. "The consumer is choosing what they care about," said the CMO of one of the leading retail analytics firms at a recent industry forum. "There are certain retailers who are able to deliver on that — and others that are struggling to understand where they fit." Buc-ee's has a very clear identity. Its locations perform. New states are committing land. Local governments are adding traffic signals in advance of openings. FOR REAL ESTATE INVESTORS The patterns worth watching: retail formats with clear brand identity and necessity-adjacent value propositions are actively expanding and investing in permanent real estate commitments. That behavior is a leading indicator of real estate demand — and it consistently precedes the cap rate compression that follows institutional conviction. The data continues to say the same thing. Know which retailers are expanding, and own the real estate they need. #RetailRealEstate #CRE #RetailerExpansion #PrivateCapital #CommercialRealEstate #NetLease

@DFWJoeAskew @wduzzer92 I’m ready for the 2028 version where the Portillos, Saucy, and black rifle coffee all say “available”

@wduzzer92 😂 unsure but probably the best conversation of a site plan I’ve heard in years Find me the next grocery site and I’ll make your kiddos a custom one!

Saucyyyyy

@DFWJoeAskew I wonder how those are doing? Apparently some of the Saucy’s in Florida are struggling.