Matthew Chapin

@MandalorianGe0 @JohnLeFevre Buffet was a once in a generation investor. Oh, and not a pod shop.

@MatthewChapin87 @JohnLeFevre Buffett did better than everyone in Omaha Nebraska.

Mamdani declaring war on Ken Griffin proves how obtuse, fanatical, or simply dumb he is. Citadel employs ~5,000 people in NYC. Mean compensation: ~$2M per Median: ~400K per If Griffin takes them to Miami, it would be catastrophic for the New Yorkers Mamdani claims to champion - bars, restaurants, small businesses, support jobs, etc... not to mention philanthropy, secondary/spillover spending, and the obvious tax revenue hit...

@jimomal77 @JohnLeFevre Talent in Miami? Hahahahah. Miami attracts crypto scammers.

@MatthewChapin87 @JohnLeFevre Lay them off, or fire them, plenty of talent in Miami, or willing to relocate.

@uzeanidiot @JohnLeFevre Tell me you have zero clue how the pods work without telling me.

@MatthewChapin87 @JohnLeFevre Would they move from dirty, shit weather NYC to fake, nice weather Miami and keep more of their money, still work for Citadel, and not deal with bullshit politicians? Hmm tough choice.

@1jonalsur @JohnLeFevre That strategy does not need to be in NYC. Neither does RenTech. However, the multi manager life blood in “access”.

@MatthewChapin87 @JohnLeFevre I'm sure. We did levered arbitrage in the mortgage derivatives market before the LTC disaster. My only (fleeting) association with HF managers was when one of my liability managers was recruited by Renaissance Tech.

@BradleyKneedler @antoninigirl @JohnLeFevre Hahah. If you believe any senior banker other than someone working on energy deals is moving to Texas, you are crazy.

Project & Cost •Goldman Sachs is building a new 800,000 sq. ft. campus in Dallas (NorthEnd/Victory Park). •Estimated cost: roughly $500M–$700M+ due to rising construction costs.  Workforce & Size •Capacity: 5,000+ employees.  •Will be the firm’s largest U.S. office outside New York.  Who Will Work There •A mix of investment banking, asset/wealth management, sales & trading, tech, and operations staff.  •Includes both junior analysts and senior leadership roles relocating from higher-cost cities.  CEO / Leadership Presence •CEO David Solomon is not expected to relocate full-time (NYC remains HQ), but senior executives and partners will have a presence in Dallas. Bottom Line This campus is a major strategic hub, not just back-office—housing thousands of high-paid finance and tech professionals and expanding Dallas as a growing financial center. Just the first step and I just ruined your comment about be back office now will you want to continue to clown you ? You’re just like beta mayor who can’t even bench 135lbs

@ShafronTom @JohnLeFevre Population data doesn’t lie. Ask Meatball Ron

@MatthewChapin87 @JohnLeFevre Sure it does... come to Miami, drive around and you'll realize how stupidly wrong those numbers are in 10 minutes.

@pileat_thracia @JohnLeFevre You must have failed TOEFL because I never said C was a bank. I said even for banks Chicago was a second tier city.

@MatthewChapin87 @JohnLeFevre Citadel is not a bank, and was headquartered in Chicago since day 1. Don’t conflate banks and hedge funds, champ.

@TheLittleGuyHC @JohnLeFevre AI can’t badger a c suite 4 times a qtr to get “edge” for the PM. AI ain’t replacing the analyst. It will make their job more efficient. Most PMs don’t want to get their hands dirty and talk to the c suite, perform change checks, travel to Asia to get an edge.

@MatthewChapin87 @JohnLeFevre The competition for talent is for PMs not analysts. Most under 30 are analysts except truly talented people. Most of them are replaceable by AI

@joejfamous @JohnLeFevre You have no idea how much NYC is critical to the pod mod model and how much pod people make in NYC.

@MatthewChapin87 @JohnLeFevre No…living conditions 🤦🏽‍♂️. If u think u can prosper more in NYC than in a free city like Miami u are crazy. There is no more ROI to be in NYC. Ship has sailed

Dude, the billionaires that run the pods can not abandon NYC. The firms are too profitable raising assets, charging mgmt fees that enrich the GPs. The pod model, or l/s rv trading requires significant access to corporate C suite. You won’t get that in any other city, especially Miami, Houston, or Dallas. Capital is sticky. Talent is in NYC.

@MatthewChapin87 @MrAverage1000 @JohnLeFevre If the owners/billionaires decide to move their company out of NYC those finance bros will have to make a decision. Stay and look for limited jobs or move and make the same money with out the tax burden Mamdani will impose.

@MartinShkreli @davidu @X Ok grifter.

@MatthewChapin87 @davidu @X Ok Matt

@MartinShkreli @davidu @X Your tax rant was comically stupid but go ahead, dig a deeper hole.

@MatthewChapin87 @davidu @X Me? I got YouTube-famous teaching exactly that 😂

It’s unexpected, but @MartinShkreli might have more legit takes on more issues than anybody else on @x.

@MrAverage1000 @hockeybruinsnut @JohnLeFevre If it’s so advantageous to buy in Dallas, let them.

@MatthewChapin87 @hockeybruinsnut @JohnLeFevre Only those out of state buyers that are willing to pay, as opposed to purchasing in a more tax friendly location - which those types are known to do. Thus reducing the pool of buyers, thus reducing the value. You can argue otherwise but that is human nature.

@pileat_thracia @JohnLeFevre Citadel is a mult manager fund you moron. The have multiple brands and teams managing capital with leverage using different strategies. Your stupidity knows no bounds.

@MatthewChapin87 @JohnLeFevre Citadel is not a multi manager fund. Ffs, are you googling as you go?

@adamstartsfires @JohnLeFevre So you are in the 1%. Hooray

@MatthewChapin87 @JohnLeFevre Yes we would

@hockeybruinsnut @MrAverage1000 @JohnLeFevre My argument is that pod/ finance bros aged 21-35 are not going anywhere. They have had ample chances the past 5-10 years and yet the vast majority of pod capital is in NYC. Not changing over some second home tax.

@MatthewChapin87 @MrAverage1000 @JohnLeFevre Doesn’t matter whether AdMs was convicted. The stats you quote have nothing to do with the new mayor. Your pivot to taxing second homes also doesn’t have anything to do with your argument that workers won’t leave and NYC is the best for talent.

@MrAverage1000 @hockeybruinsnut @JohnLeFevre It’s not limiting to instate buyers, it’s limiting the pool to people that are ok paying a tax. If KG doesn’t want to pay the tax, sell the asset and move on. I am fairly confident other billionaires will buy his property.

@MatthewChapin87 @hockeybruinsnut @JohnLeFevre You fail to consider the impact of limiting the market to in state buyers in respect to high end real estate values, which then impact the amount of taxes collected. If you are ignoring this, you are ignoring personal economics.

@pileat_thracia @JohnLeFevre Dude, there are a dozen multi managers that pay as much if not more than Citadel for pod shop talent. Even in quant, there are great alternatives like SIG, Jane, HRT etc. Get a clue.

@MatthewChapin87 @JohnLeFevre Nope, spoken like someone who knows Citadel (both sides) pays above the market and therefore gives KG a lot of leeway.

@pileat_thracia @JohnLeFevre Chicago, even for banks, was a second tier outpost relative to NYC. I happen to like Chicago but comparing KG’s move from Chicago to the NYC finance industry is beyond funny.

@pileat_thracia @JohnLeFevre Spoken like someone that conflates the attractiveness of Chicago with NYC.

@BradleyKneedler @antoninigirl @JohnLeFevre Man, get a clue - Goldman/Texas is back office people that were already not in NYC -TX stock exchange. You have no clue how stocks trade. good luck - Meta is not leaving California - try visiting the Valley and then post.

@MatthewChapin87 @antoninigirl @JohnLeFevre Then why is Goldman moving more employees to Dallas than nyc? Why is there going to be a Tx stock exchange? Why insure moving more people to Dallas ? Meta is laving California etc…. Silicon Valley is Detroit in 1960 and tech moves faster than the automobile industry.