Johnathan Yazdani

@mansourtarek_ We have an insurance carrier that operates in CAT/hurricane areas. Could be an interesting synergy!

Institutional adoption is here

@Mrcryptoxwhale @NoLimitGains @grok DONE

@andrewrsorkin Great Book! Little over halfway through after having it for a few days. Can’t put it down!

Book excerpt: "1929" by Andrew Ross Sorkin - CBS News cbsnews.com/news/book-exce…

@Rivian Your ‘26 doesn’t work on your own charging network. Adapter doesn’t fit. Legitimate gripe.

@trentjhughes Find a PEO solution

One of the most difficult things of being an entrepreneur: Health insurance What do you guys do for health insurance?

@johnarnold John—the reinsurance, capital markets, and computer models are geared for, and built for hurricanes. Far, far less likely. Though not impossible….

I always assumed it would be a hurricane that broke insurance markets.

@DisgracedProp You haven’t adjusted the $3000 for inflation…

1) be the son of a president 2) wear $3000 suits. 3) be photographed by paparazzi using beautiful 1980s film cameras Got it, nice, good blueprint to follow

@johnarnold Unfortunately they won’t price it correctly due to political issues (including who is in office and what states are disaster prone). It would just end up encouraging more bad behaviors.

Budgeted disaster aid is increasingly well short of actual need, leading to deficit-financed supplemental appropriations like the $100 bln in the CR. If you want to cut the deficit, move cost back to states through a federal insurance program with premiums based on disaster risk.

@Molson_Hart Look into a ReadySpaces model. They put up light gauge walls and rent out smaller spaces.

I seem to have built a warehouse that no one wants to rent. Besides hustling to get the space rented, what should I do with this building in Northeast Austin? Residential storage? Industrial storage? Throw a end of year rave?

@Uber you have a major problem in Buenos Aires. I went through about 4 drivers demanding double the price of the app before picking me up to take me to the airport. Have never had that happen to me here or anywhere else before.

@mwmoedinger QC, equipment rental going over budget because of delays, weather

When inexperienced people put together construction budgets, the big thing that I see them miss is....the little things. What do I mean by that? Stuff that's not immediately obvious to someone who hasn't done a lot of construction. Stuff like: - permits - trash hauling - cleaning/picking up between trades. Most guys will leave things "broom clean," but that doesn't cut it all the time - like between your drywall finisher and your painter. If the space is "paint ready," your painter won't charge nearly as much as if he has to clean and prep. - little random stuff that falls between trades. If your electrician makes a hole for a new outlet, they're not patching the drywall, for example. If your HVAC guy removes some radiators, they're not patching the hardwood floors. - subtleties of the location. Can trucks easily make deliveries? What size trucks? Is there easy parking for subs? What are the rules for police details, street blockages, and/or sidewalk work permits? - exuberant demo. At the beginning of a project, it's very easy to rip out a bunch of stuff, and not think clearly about the implications. One of the crews I always watch the closest is a demo crew. They can cost you more in a few hours than almost anyone, by increasing your finish scope well beyond what you intended! - weird local regulations. I work in some jurisdictions where the owner is responsible for street trees in front of their buildings - even when they are intertwined with power lines or on multiple properties or on public property! - scope "percentages" as they relate to codes. For projects in existing buildings, code has certain thresholds that, if you cross them, you have to bring the whole category up to code. [For example, if you touch more than x% of a building, then 100% of a certain scope [electrical, plumbing, etc] must be fully brought up to code.] So, there are strategic reasons to keep certain scopes under certain thresholds. Some thresholds are zero! So watch out. - thinking that they can manage a bunch of subs on their own, and that they'll be able to keep them to a schedule. Even the best subs have hiccups or things beyond their control that affect their schedules. - skimping on the right professionals, and overpaying the wrong ones. - misunderstanding the role of inspectors and building officials. They have enormous latitude, so don't piss them off. And, they don't have a blank check. You can [gently] push back on requirements if you find the applicable codes and are pleasant and professional. If you don't handle this right, it can cost you a lot of money. - negotiating on the wrong things with subs. Find a way to make their jobs easier, be pleasant, and pay on time. Don't nickel and dime. Don't be a pushover. This is a skill learned over many years in construction, and if you're new, you will pay for the privilege of learning these skills on your first few projects. - and many more! What are similar things you've found in your experience?

@CathieDWood If you see the loans being approved on Instagram and the deals being made, you would know this number is going to go way up.

The 90-day auto delinquency rate is higher than the peak reached in 2009.

@liftblog @PowMow I started skiing there in the early 90s when I was a kid. What a loss!

The radicalization of @PowMow continues. NO lift tickets will be sold or multi-mountain passes accepted on weekends in February. "historically about half of Powder’s visitors in February buy lift tickets online or at the ticket window." Not any more. sltrib.com/news/environme…

@DallasAptGP Have you thought about how insurers will view the risk change?

Private rooftop decks with a view on one of our new construction apartment buildings in Dallas This is our first time adding these (and it isn’t cheap!) How much additional rent do you think someone will pay for this?

@DanielSLoeb1 I’m on the board of a Charter School in Houston that serves a severely underprivileged area. The results are truly incredible. The charter school system, when you find the right educational entrepreneurs to support, is life-changing for so many kids.

Joel Greenblatt was the single most important influence on my early career and the strategy of my fund. His book, You can be a Stock Market Genius is the seminal book on event driven investing. But did you know he, along with John Petry and an nyc council member named Eva Moskowitz, founded a @SuccessCharters that is the largest public charter school network in the country turning out scholars with the best outcomes based on college admissions and all standardized test scores? (I have been on the board for over a decade)

@mattlanza You skipped the Valero down the block!?

Shell at Kirby and Bissonett: Slowest pumps in history and it overflows if you lock it and don’t pay close attention. Not great!

@mattlanza How did they know open water hurricane tracks that long ago?

Here's a map of storms that have taken a track sort of like this one will. The 1867 storm is wild. All of these were October storms too. Perhaps the best analog right now may be the 1888 one. (Hurricane Seven: en.wikipedia.org/wiki/1888_Atla…). Of course, Tampa's pop in 1888 was ~ 5,000.

There is very little known historical precedent that I can find for a storm tracking this far across the Gulf and hitting Florida's west coast. Cannot stress enough that even though many of these areas are storm fatigued, it's time to begin preparing again.

@TheEyewallWx @mattlanza Thank you!

We have a late Saturday evening, very high level update from @mattlanza on Tropical Storm Milton and the many threats and impacts it may bring to Florida. Folks need to prepare now.

@DanielSLoeb1 That sprinkler head. It’s in a hotel.

@bronk But can you do it with a hula hoop!?

Inspired by the Paris Summer 2024 Olympics I signed up for lessons with one of NYC’s premier Hopscotch coaches, yesterday was my first class..