@taobanker I was trained as a fundamental stock picker and most of that knowledge is useless. I now Prefer diversified portfolios & trend following and just ignore “market chit chat”
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Risk Arb
562 posts
Risk Arb
@th3devilsbanker
arbitrageur, speculator, property developer, cigar smoker
Blink Bonnie Rd. Katılım Aralık 2024
48 Takip Edilen29 Takipçiler
@CrashKate Understood, and that is quite a big ask. Essentially Planning would put the whole deal together.
But isn’t it a chicken-egg problem to do all this and still have to negotiate acquisitions with existing land owners? Seems like a lot of planning to do at a preliminary stage. No ?
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@th3devilsbanker 2/2 build the roadmap for how this could meaningfully be delivered. Build the package so provincial and federal gov can support and subsidize the land.
Our city used to get public good from added density. Now they’re just giving it away, no plan for affordability or land lift
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@CrashKate What would that look like to you?
Areas where non profit owned housing is the only permitted use ? Genuinely curious what it would look like
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@th3devilsbanker It really won’t ever have a chance if they make zero effort to incorporate it from the jump.
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Put an other way--your *household* needs to pull in 33% more than the average earnings of *one salaried person*.
What's the rent for an average home in your area?
zupa grochowa@Grochowa2
it’s astounding that this hasn’t happened in Canada
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@th3devilsbanker I’m just here for NAFTA 3.0 and a meaningful step up in the Rules of Origin.
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Canadians are a rare example of a population willing to go to war for their government’s right to tax them moar….
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@th3devilsbanker We'll have to wait to see what the 2026 census tells us.
But I think a lot of the "strife" is all the shit that happened as result of COVID actions and the ripple effects since.
We weren't talking about this as much before.
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@th3devilsbanker Well there is this...
The previous chart is at last available date for all countries...
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Cost to maintain 20+ year old houses and condos is really putting a damper on things
buyers get the inspection back and go "looks like a money pit"
When the market was going up, nobody cared
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Just remember how dumb and ideological BC and some municipalities have become.
BC has no issue exporting natural gas for the world to use, but dear god if homeowners and businesses use it, despite it being cheaper than electricity. All due to an ideological climate agenda
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@tylermeredith They should just risk parity into passive global liquid assets
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Tobi and I agree on something - passive indexing is a far superior model that would cost less, earn more and depending on asset allocation benchmarks put more into Canada
#cdnpoli
tobi lutke@tobi
CPP underperforms passive indexing. It should have 5 employees, ideally all on vacation most of the time.
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He’s right bc we tax income, not wealth.
Bezos takes out a tiny salary, pays the income tax, and lives off loans borrowed against his stocks, basically tax free. They all do this and now 935 billionaires hold more wealth than 170 million Americans.
It’s time to tax wealth.
Aaron Rupar@atrupar
Bezos on CNBC: "You could double the taxes I pay, and it's not gonna help that teacher in Queens. I promise you."
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@Gentleman_Ways How do you find and narrow down a tailor who will make this style?
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Gentlemen, what’s stopping you from dressing this way?
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@Beefshaver Ok so the government wasted money on something. I’m sure that’s true
Therefore…what ? Pipelines = bad = no jobs ??
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Pipelines create in the range of dozens to maybe a few hundred permanent jobs.
theguardian.com/commentisfree/…
Caroline Elliott@NVanCaroline
David Eby’s response to a pipeline that would create thousands of BC jobs? Find a reason to say no. Then say no. Canada’s unity depends on a BC that builds. Nothing gets built under this premier. I will build. Full statement:
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@Beefshaver You’ve created a tangent to distract from your previous nonsense arguments conflating infra, jobs, capital allocation & ultimate how prosperity is generated in a free market system.
I don’t have an opinion on the 1st sentence you’ve written here
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@th3devilsbanker Without government intervention we'd have fewer pipelines today. Alberta is currently trying to force another province to legislate a pipeline regardless of what people say. I don't think you actually believe in total free market capitalism.
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@Beefshaver I’m not familiar with the figures. If you’re telling me government botched capital allocation i wouldn’t be surprised.
You are now squirming between your own silly hypothetical and idiotic government policy failures to prove your point
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@th3devilsbanker The real world is one where we spent $34 Billion to subsidize a pipeline and we are currently producing more oil and gas than ever but the main province exporting just had their credit downgraded regardless.
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