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

JORDAN 5 FRESH PRINCE PATENT LEATHER 👀👀

I think a lot of ultra-wealthy people don't truly grasp how much of their success was luck and timing, not just their sheer personal brilliance.

Dallas, Texas is quickly becoming unlivable with the Indian invasion

Dallas, Texas is quickly becoming unlivable with the Indian invasion



“Bringing in James Harden to win a championship is like electing Donald Trump to fix your country.” - @maxkellerman (Via Game Over / h/t @NBA__Courtside )


Kevin O'Leary made his money in classic boomer fashion. He benefited from cheap housing, cheap education, expanding consumer markets, rising asset prices for decades. A mediocre operator in 1985 had easier odds than an exceptional operator today. Kevin didn't invent anything, nor did he innovate. He made most of his money from capital allocation, not value creation. In typical boomer fashion, Kevin's advice unconsciously assumes that markets aren't saturated, education guarantees mobility, housing remains cheap, globalization continues upward etc. This is a level of tone-deafness we only see from the boomer cohort. Musk and Bezos are not like this. Nor were Carnegie and Ford. Boomers are uniquely out of touch


It’s so crazy to see large accounts on here that have gone thru like 5 rebrands over the years and their followers basically have no idea