GDJ1999

Great event this weekend.

@BigDemoPrez Basically your AR is an unsecured loan to the government, without yield. Only real fixes are improved milestone billing or baking the carry into your pricing.

Ending the year with an AR/AP ratio around 4+. Gov jobs are great for prestige and accrued rev but your growth can be so constrained on the cash front. I have outstanding invoices from work performed in June/billed in July 🙃

@PEoperator Fair take. I’ve been in the commodities trading and infrastructure finance industry (including power plants) since 2006 and power has always been really interesting, but is now sexy and geopolitically relevant. Welcome to the industry.

Two long-term themes on which I am staking my career and net worth: 1) they will never stop printing money 2) electrification Ignore the short-term market fluctuations. Just noise.

@SecretCFO @SecretCFO Agree, but I'm impressed by the speed of transformation and improvement in models. Where AI is as of today is different to where it will be in 12 months, and so likely finance teams will be smaller as a result.

Imagine you hire an analyst who works 100x faster than anyone else. They never sleep, never complain, and can handle anything from variance analysis to summarising a 10-K. One problem: 10% of the time, they just make stuff up. Not a mistake. Not a typo. They fabricate a confident-sounding answer out of thin air. That’s AI in 2025. The polite term is ‘hallucination’. In enterprise finance, where trust in the numbers is your oxygen, this isn’t a “quirk.” It’s a brick wall. Because if you need an army of people to check every number, you may as well prepare the board pack yourself. Until hallucinations are engineered down to a level a CFO can bet their career on, AI in finance will mostly live in: - Bought tools with tight guardrails - Pretty-but-low-impact experiments - Companies with the software engineering muscle to bolt on verification layers (ie Bigtech) AI is already a game-changer, but if it can’t stop lying, no serious CFO will let it loose on a board pack, or earnings release, anytime soon.

@ShelbyGrosch You’re in the ballpark. But it’s less on finishings and more on arcane specifications that tie back to security, insane levels of environmental standards, etc

@GDJones1999 We need gold ceilings, silver electrical devices, and platinum plumbing fixtures. This is just what I imagine it saying.

I have done zero research on this but can someone educate me on how the federal reserve building can cost $2.6B?! That’s so many 0’s.

@DadInvest I’m surprised those buying Mickey Ds milkshakes in the AM make it to that age bracket. Gross.

TIL that the biggest demographic that buys McDonald’s milkshakes is 45-64. It’s also most often bought by commuters in the morning (!)

@TrailerParkGuy Just found your account. Appreciate the posts/content. Is your point above a comment on RV parks/MHCs?

It's a buyers market for deals listed on market Just saying... If you are actually serious and have capital, the time is now.

@theDSOguy @DentistryUnder1 @HealthcareREguy @ClintFiore @peterboulden EBITDA stable, financials are clean. She said to me: "I've been able to buy underperforming practices and grow them to $1.5M collections / $400K EBITDA in 30 months. Interested in helping me scale?" I said yes, we came up with this structure to align our interests and get going.

Houston is a pretty good market. Plenty of room to expand. That multiple doesn’t sound crazy, although there are lots of factors that can affect the multiple. Is EBITDA growing rapidly? How clean are the financials? Are the practices big enough to continue growth. Etc Thanks for posting!

@BirdieReport Good call, impressive. Is this beginning to represent a good entry point?