TRIGGERED LANDLORD
2.2K posts
@scalphunter_
Pseudonymous homebuilder. Opportunistic investor in Real Estate Investment Trusts (REITs)
Oil and gas investors waiting for the market to open on Monday
The story of 3G Capital involves Roger Federer, Sam Walton, and Warren Buffett. It includes the biggest beer company on earth, the biggest footwear deal in history, and a ketchup bottle with Charlie Munger's face on it. It also involves accusations of 'chainsaw capitalism,' CEOs driving freight trains, and billion-dollar companies being handed to kids in their twenties. Buffett called it the best management culture he'd ever seen. But, until now, the story behind the culture has never been told by the people who carry it forward. In truth, 3G would prefer you had never heard of it. The firm began in New York in 2004. But the real story starts in the seventies, off the beaches of Rio de Janeiro, when Jorge Paulo Lemann bought a brokerage for $800,000 and built a model for running businesses unlike anything else in Brazil. The model has since produced the biggest investment bank in Brazil, the world’s largest brewer, the third-largest restaurant company, and turned hundreds of employees into multimillionaires. In 3G Capital, it has also produced a rare kind of investing partnership, one where each fund holds exactly one company, the partners are the largest investors in every fund, they work the businesses themselves, and they have never lost money on a deal. Almost everything written about the firm notes that managing partners Alex Behring and Daniel Schwartz did not respond for comment. For Colossus, they sat for hours of interviews at their Manhattan office. @domcooke tells the full story of how this secretive firm with fewer than 30 employees has built some of the world's biggest companies.
We want builders to build starter homes at $200–250k so the next generation can actually... start. Instead, they sell $400–500k+ homes and call them “starter homes.” $3,190/month is NOT a starter home.
Our company was founded a little more than a year ago ... but we've already built our first rowhouse My company is The American Housing Corporation. We're a real estate development (and manufacturing) company building rowhouses designed for families: the American Starter Home Our mission is to solve the problem (at scale): "How can we build housing in places where young people already live, so they have kids and stay?"
"Half & Half" & "a 50% revenue sharing model" is what Chief Rosanne Casimir spoke of this morning regarding her Tk'emlúps te Secwépemc First Nation's law suit that claims the entire City of Kamloops & vast additional real estate. Casimir's 52 min speech to the exploration & mining industry at the @AMEroundup convention in Vancouver did not address the controversy surrounding her as yet unverified 2021 claim that the remains of 215 children had been found in a mass grave at the Kamloops Indian Residential School. "Our laws will stand alongside Canadian law, supported by UNDRIP," said Casimir.
