Zachary Neugut

@RyghJmc @Todd_Spence 1 in 3 not 1 in 6, can’t remove the right answer

@Todd_Spence Norm is awesome of course, but there are 6 possible combinations of answers that can be removed. There’s a 1 in 6 chance that it removes the two answers you don’t want removed. Hardly an example of rigging.

That time Norm MacDonald guessed how WHO WANTS TO BE A MILLIONAIRE rigged the 50/50 option, and was proven right mid-show 😅

@MartinShkreli There actually currently is a limit of 550 million additional shares tha they can issue, they can obviously vote to adjust that limit but he doesn’t even address that

the big issue here is the foolish false premise the interviewer (someone named sorkan?) made. he made the rookie error of somehow thinking an acquirer has a limit as to how many shares they can issue to the acquiree.

@DanielJHemel @GeorgetownLaw Still has same incentive, by you doing worse you’ll trade with a worse teams pick

Instead of this super-complicated plan (which wouldn't actually eliminate the incentive to tank), the NBA should take up @GeorgetownLaw prof Jonathon Zytnick's excellent idea of making all teams trade away their draft picks before the season starts: papers.ssrn.com/sol3/papers.cf…

@ScottChoppin Interesting, what yield on cost do you build to, I assume your rent psf are lower but less turnover cost plus vacancy maybe offsets?

Demand for 5-bedroom rentals in Southern California alone: nearly 50,000 units. Developers building them: us. That's it. We have zero direct competition in this space because nobody else bothered to ask big families what they need.

@RealKidPoker Where is that shirt from, it’s awesome, would love to buy it

I broke 80 from the red tees… Now I’m playing the TIPS (6,918 yards) I’m a 10 handicap who drives it ~210… Do I break 100? 😅 💰 $5,000 on the line Watch 👇 youtu.be/sIaPV-ab_K4

@AOC @haralabob Something we can finally agree on

This is sad. I know as a politician these companies are going to spend a billion dollars against me for saying it but 🤷🏽‍♀️ Pervasive gambling is not good for society. It turns life into a casino, traps people in addiction & debt, surges domestic violence, and fosters manipulation.

@JohnEzekowitz @andrewlbeaton @WSJ Who do you like this year?

It's the day before the best two days of the sports calendar, and @andrewlbeaton and the @WSJ have been kind enough to publish my NCAA Tournament upset prediction model again. This year, the model projects two upsets: UCSD over Michigan (-2.5) VCU over BYU (-2.5)

@BarryRoland19 Depends on how much equity you have relative to deal flow. If you can be highly selective, wait for the home runs. If you need to deploy a lot of capital, you can’t just sit around waiting Personally for me it matters less since sellers will give opportunity to beat other offer

If you always offer your max offer, even when things are massively underpriced, you're pretty much solving for the same returns every time. Which, theoretically, is fine. But hitting home runs typically needs major mispricing. The problem? Unless you found the deal off market yourself, you'll likely be up against the other major players in town. So what's the move? Always come with your max offer day 1, even if the listing is massively underpriced? Or try to steal the thing, with the risk that you'll lose the deal? I don't have an answer for this, by the way.

@DGreenbaum @elonmusk Well said @DGreenbaum!!

Things to know about Orthodox Jews in America: -- Self fund an incredible ambulance service which serves ANYONE who calls - Jewish or not. —Help stave off population decline by having above-average number of children. cc: @elonmusk —They are two-tenths of one percent of the US population, but represent SEVENTEEN PERCENT of kidneys donated to strangers. —60% regularly volunteer, as compared to 28% of the general population —Soup Kitchens: one example, Masbia, a kosher soup kitchen in Brooklyn that serves EVERYONE These are just a tiny handful of examples. Take issue with the welfare state if you want, but having 6 children and needing government help to support them (legally) has nothing to do with operating ghost daycares and fraudulently enriching yourself off tax dollars in a massive and illegal scheme.

@BarryRoland19 @msjpenn Have you had Ceres yet?

@msjpenn L’Industrie is my top spot. But also love Scarr’s for a quick slice.

Every year or so, my wife and I (*without the kids*) go to NYC for 3-4 nights. The daily itinerary looks something like this: get a coffee, walk, get a few pastries, walk, have a slice of pizza, walk, get some dim sum, walk, go to a museum, get a coffee, take a subway, eat, walk, eat, have a coffee, take a subway, walk. Not a vacation in the traditional sense, but if there's a trip I can do once a year for the rest of my life, it's this.

@galenhall A. Will never happen B. You're still incentivized to tank...

The best idea I've heard to end tanking in the NBA is that at the end of the season, the teams that finish last and 2nd to last get next year's pick based on where the other finishes. Same with 3rd and 4th to last, 5th and 6th to last, etc. For example: In 23-24, the Pistons, Wizards, Hornets and Blazers were the bottom 4 teams. So Pistons and Wizards determine each others' draft slots, and Hornets and Blazers determine each others' draft slots. The following year, the Pistons finished 14th, so Wizards pick 16th. Wiz finished 29th, so Pistons pick 2nd. Hornets finished 27th, so Blazers pick 3rd. Blazers finished 22nd, so Hornets pick 8th. Even better, instead of doing an auto-swap, the team that finishes last (or whomever owns their pick) gets to CHOOSE which lotto team's slot they want next year (can never choose yourself), so you avoid a situation where a team gets unlucky and finishes last this year but get paired with a team that will be good next year despite being bad this year (i.e. Indiana). This preserves the current philosophy of the draft (worse teams on average get better picks), but removes most of the incentive to tank by (a) delaying the benefits by a year (being worse this year on average improves your pick NEXT year), (b) injecting a lot more rand into the process that you have no control over and (c) incentivizing you to do well this year to punish the team that owns your pick and (d) incentivizing you to do well this year to be ahead of the team whose pick you own, and improve your draft slot. Imagine the four worst teams from last year all determining each others' position, and LeBron is ready to go #1: when they play each other, they now desperately want to WIN (increasing the value of their pick by pushing their opponent down, and decreasing the value of their opponents' pick by elevating themselves). Games between the bottom teams would become must-see TV. Such a satisfyingly elegant solution.

@DanielMael This thread makes it seem like this is a bad ruling, but sounds like introducing that evidence would be more prejudicial than probative

Three weeks into the Alexander brothers trial, and there's a glaring absence in the courtroom. Everyone who knew Alon, Oren, and Tal Alexander knew they threw wild parties. Sexually unconventional, out there, no secrets about it. But the jury will never hear about that lifestyle. Here's why. #AlexanderBrothers (1/20)

@SamGreenwoodRIO Preflop

Revisiting this hand in tomorrow's POTD. Where did I punt?

@_ZachGriff @united @united should learn the difference between "Less" and "Fewer" before making billboards

Woah, @United has got some sass (and I'm digging it). Check out these new digital billboards that are live right now in Chicago. The fight between American and United in Chicago is the single most interesting travel story happening right now.

@lowstakesdre Leaving aside this specific (non-interesting) hand, if you’re playing a maniac the exploit vs. wide 3-bet range isn’t to 4-bet for value less, it’s to 4-bet bluff more. If AK is so far ahead of his range then get more money into the pot…

Table maniac 3 bets me with 22. I’ve got AK, I flat to trap. Flop: A-2-7 Naturally I get felted. I top off for 200BB. Next hand I dealt AA in the straddle. I get a walk… 😂🤣💀

@buyahause @BarryRoland19 Well it’s extremely likely this is an office deal…

@BarryRoland19 Something is off… Prices from 20 yrs ago were a small fraction of prices today. How did it not cash flow? How did it not deliver a large sale gain..?

Not a dunk on Robbie, but my dad is an LP on an 80/20 deal with no pref. It’s been about 20 years, the building is selling this year, and the *total return to investors* before the promote would be 33% (ie, invest $1 20 years ago, get $1.33 today). Imagine rewarding the GP after that.

@TheBrazilGod @helloitslynne As someone with Crohn’s, I can’t overstate how frustrating it is that the restrooms are both scarce and disgusting. I’ve been to a 2 or 3 festivals and had a couple of bad incidents and that was enough for me. If I want to see an artist now, I just go to their concert instead.

This is how I feel about music festivals. Ive been 15+ times in my life to ACL, EDC, Lollapalooza, etc, but a combination of getting older, and grumpier have made me say "I don't like it". There's so much bs to fade in order to see 5-10% of the lineup you actually wanna go see. Lines are big, restrooms are scarce, food/drink limited etc. Some "VIP" tickets lesson the impact, but they're just price gauging an inelastic market.

@Polymarket @pulte Cooked

@pulte x.com/pulte/status/1…

JUST IN: Fannie Mae & Freddie Mac to implement more "inclusive" and "equitable" credit scores.

@Jefffeldman How much occupancy do you need at close to qualify

Our team just closed a $35,519,000 acquisition loan for a 158-unit multifamily property in Belleville, NJ. - 4.92% Rate (with buydowns) - 7-Yr Term - 4-Yrs Interest Only - Freddie Mac Lease-Up Great deal for the sponsors! Some thoughts on the deal:

@mattyglesias Right, they get addicted to leverage instead, and look what the govt. did in 2008