@Richard89022768 @ChrisDeMuthJr They are selling their planes into the external vehicle…
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Lyin’ Ted
3.1K posts
Lyin’ Ted
@LyinTed1337
Professional Investor
Dallas, Texas Katılım Kasım 2013
323 Takip Edilen329 Takipçiler
@ChrisDeMuthJr In the case of FTAI - shame about the lack of cash flow or net asset growth for what really is a leasing company
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"FTAI and United Therapeutics are two companies that have done things the easy way, present to the market well, and have gotten very fully valued with market caps over $20 billion."
- stwsactionthisday.substack.com/p/two-of-my-fa…
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@ChrisDeMuthJr How has FTAI gotten fully valued when the power business is about to add $1 billion of EBITDA a year?
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@AcPotango @bellenedine @pmje73 This is what people also said 5 years ago. Meanwhile California economy just became the 4th largest in the world.
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@bellenedine @pmje73 for now you are correct. Look back in 5 years and see what's going on. The business owners create jobs for everyone else. Them leaving is much more damaging than just the immediate tax losses, which btw will double the taxes on the middle class unless fraud/bens reduced
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From a purely economic point of view, the US now has a few major states solely focused on creating wealth and a few major states focused solely on redistributing wealth.
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@BuffBiffalo @silbermanaaron1 @WestsideLAGuy Oh agreed, as a Dallas resident. We get maybe 2 months a year of good weather.
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@LyinTed1337 @silbermanaaron1 @WestsideLAGuy Yeah, Austin is over 90 degrees for 6 months of the year, with a few months over 100 - had a 90 degree day in February, actually. Been in a drought for the last 10 years too. Dallas has a billion dollar hail storm every year with heat almost as bad as Austin.
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I will bet any amount of money that a majority of investment professionals at top NYC hedge funds & PE will NOT move to Miami/Dallas/Austin.
This is pure copium.
Austin Campbell@austincampbell
This is much worse for NYC than people realize. If Griffin is saying this publicly, he already knows many others are packing their bags. Expect banks and other big asset managers to move next. Big winners are Miami and Dallas.
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@ChezkieT @WestsideLAGuy Back office and operations jobs, that will frankly be AI’d one day, are the ones in Dallas. Not the money makers.
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@LyinTed1337 @WestsideLAGuy That’s a good argument for employees not wanting to leave NY, but not such a good argument that Jamie Dimon won’t move their jobs to Dallas.
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@MyTsla @jbulltard1 Someone is buying the stuff they sell. It’s the same myth behind why California keeps getting wealthier while people are supposedly leaving.
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@LyinTed1337 @jbulltard1 Even more reason not to chase them out with a punitive tax regime.
If even a small fraction of that tippy-top decide to leave, it will open up a massive budget gap.
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I'm happy to see this,we're overtaxed all over the country. It's exhausting hearing ppl say the rich don't pay their fair share.Between income taxes, property taxes, sales taxes, gasoline taxes,etc We prob pay like 60%+. #taxthepoor or cut spending
x.com/WallStRollup/s…
Wall Street Rollup@WallStRollup
Ken Griffin at Milken: “What the mayor of New York has made clear to my partners, and principally my New York partners, is that we need to double down on our bet in Miami"
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@TorpedoTrading @muddywatersre How much are you losing on your short?
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Added to $FTAI short - refer to @muddywatersre reports for excellent insights on their accounting.
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@BuffBiffalo @silbermanaaron1 @WestsideLAGuy Neither does Miami unless mild weather = insane humidity.
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@silbermanaaron1 @WestsideLAGuy Dallas and Austin do not have mild weather.
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@MyTsla @jbulltard1 And what % of assets / wealth do the top 1% of NYC control? Like 90%+? Yeah.
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@jbulltard1 If you can believe it, tax distribution is even worse than above.
~20% of total NYC tax revenues come from top 0.1% of earners; >50% from the top 1%.
Bottom 50% of earners contribute less than 5% of total tax revenues.
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@Jarlaxletheman @jbulltard1 They can never explain this. The rich keep getting richer at a disproportionate rate but also claim they’re being taxed too high 🤡
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@jbulltard1 Why does the wealth gap keep growing then.
"Top 1% of U.S. own 12-15 times more wealth ($30–$52 trillion) than the entire bottom 50% combined (under $4 trillion)"
& its only gonna get more extreme if nothing is done
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@ChezkieT @WestsideLAGuy Dallas JPM employees make a fraction of what the ones in NYC do.
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@WestsideLAGuy You can use terms like “majority” which may be right, but statistics already show many will move, Jamie Dimon already said he has 24k employees in NY and 35k in Dallas. Starbucks left Seattle, many have already left NY and CA etc. Numbers are exploding in Florida, Texas, Tenn.
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@partners_road And who are they selling to? Someone is buying it. End of story.
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Hochul: “They’ll never leave.”
Mamdani: “They’ll never leave.”
In NYC, there are 1,532 luxury units priced at $4 million and above actively on the market, with 86 new listings added just last week (Apr 25 – May 1).
They’re leaving.
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@junkbondanalyst The SRT trade. You see the Ares break down? Looking like a master class in financial engineering
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JPMorgan, Morgan Stanley, and other banks are drowning from the hundreds of billions in data center debt they have taken down for AI builds from Oracle and CoreWeave. Now it's time to move the risk.
The size of the risk: out of scale to anything we've ever thought about.
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@theyjustlie @greendragonhq Instead, you think Trump is Jesus, vaccines cause autism, Mexico would pay for the border well, tariffs weren’t paid by American consumers, and endorse pedophiles.
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@greendragonhq No we're not. We don't cut the genitals off children, murder babies, have dead people, and illegal aliens vote, we don't board up windows when counting ballots, we don't tell our children boys can be girls and vice versa. You are right, we are not the same.
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Notice how all the blue states that are redrawing their maps are putting it to a statewide vote while Republicans push it through without considering their constituents?
We are not the same.
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@c0n5tantinople @sanskarimata @PythiaR How many child geniuses end up being anyone once they are adults? Almost none.
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@sanskarimata @PythiaR Except he isn’t some random retard (nor anonymous) but a former OpenAI employee and graduate from Columbia at 19yo so his words should probably carry a little more weight than anonymous retards such as yourself
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Crazy he laid it all out for free
Leopold Aschenbrenner@leopoldasch
Virtually nobody is pricing in what's coming in AI. I wrote an essay series on the AGI strategic picture: from the trendlines in deep learning and counting the OOMs, to the international situation and The Project. SITUATIONAL AWARENESS: The Decade Ahead
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@Capt_Alsh The 21.8k boepd in Q1 includes the Oman acquisition back dated, no? You can't then add on another 9-10k when it completes? #kist
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@baroninvestment Rockrose was much smaller than Kistos. The hurdle for those returns is much higher today…
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Andrew Austin and much of the KISTOS founding team previously ran RockRose which delivered a 4,200% return between 2016 and 2020.
I’m expecting very material appreciation from these levels as KISTOS really grows out.
Management and board members hold over 20%, strong skin in the game.
Oil to almost $115 today, not far off the March highs now
BigBadBull@lankstarr69
@baroninvestment I was fortunate to be on some of the RockRose ride, very happy to let this play out!
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@cherubmacro @fintegrate 28x forward PE is expensive for 40% revenue growth?
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actually the market looks as both. fwd pe is 28.5x - pe 38x. both are very expensive. not saying it isnt a high quality biz. it is. its just very expensive relative to its growth.
to your point about fwd looking, anything that trades on a nosebleed multiple gets derated when the fwd becomes cloudy. right or wrong the market is simply discounting that future uncertainty.
i wouldnt touch this here, maybe have a look around 700
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I actually don’t care what the market thinks here. $FICO is just too cheap. In my port, only $NVDA a better growth profile. FICO beats out $MELI $PME etc.
Unless fed gov determined to crush this private enterprise, don’t see how this doesn’t work from here. Crazy….
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@David_J_Bier @ReichlinMelnick Vetted abroad? The Biden regime illegally waved in hundreds of thousands of economic migrants as “refugees” without vetting a single one of them. USCIS is stopping this fraud.
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NEW: On top of all the cuts to legal entries, Trump (i.e. @USCISJoe) slashed green card approvals by ~half in a deliberate effort to boost ICE arrests of legal immigrants. USCIS has *ended* humanitarian green cards, working with ICE to arrest pending applicants.
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@GavMcCracken @KeatonnBrownn Aren’t you already all in with margin on $SU?
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@KeatonnBrownn Idk but I gambled that this is unreasonable and bought my new oil pick in size
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Trump's blockade lasted 2 days before he removed it and things returned to exactly how they were pre blockade.
Since Trump's blockade oil is down almost 30%.
That my friends, is the power of tweeting in the information era. Change nothing in the real world, but present change.
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