He's got a lot of opinions, a lot of advice, plenty of returns for himself, not so much for his investors. He also bans anyone who disagrees with him. Perfect for his new job.
Trump: Self-destruction arising from vengeance and retribution. He's taking us with him. Why vengeance? Disrespect from NYC and other but mainly Park Ave elites for his immigrant bad taste and vulgarity, and things money can't buy. I see nothing stopping him. But us. Maybe
I sometimes enjoy the crazy topics on Quora, yet weary of the thinly disguised Tsla promotions. Quora owned by Valor (early Tsla investor) and Peter Theil. The Theil mafia are sliding into Goebbels like mind control. Slippery slope.
Sort of interesting no one has cloned your fund with near zero fees. Certainly an easy thing to execute xitter.cf/i/spaces/1nAJErWMabbxL
UBS just bought $42b of tangible book value plus $17b of cancelled debt so $59b of value for e$3b. Not even the corrupt and arrogant Swiss can f that up. They more than doubled book value and they get to clean house of the other corrupt/arrogant Swiss bankers
So long Tom Lee. Being the analyst first supporting syndication for Snapple bank debt was one of my better decisions. Class act and mentor to so many important investors, none of whom morphed into grifters. Nice work and bon voyage.
They refuse to mark to market. New shareholders —- if there are any— overpay. Exiting shareholders get overpaid. They start selling assets and sell the best. Portfolio quality erodes. Class action lawyers gather.
The usual.
