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wackawacka

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Everything posted by wackawacka

  1. When does it happen? Is it on "accident"? Is it used to allow Trump to suspend the constitution?
  2. I was in NYC this week and had a meeting at Blackstone. Lots of investments are put on hold because of volatility. Funny enough on leaving I almost ran over Stephen Schwarzman coming out the elevator. The Sr. MD had to skip our meeting last minute because they were on the phone with PortCo CEO/CFOs all day/night trying to help game plan tariff mitigation.
  3. 3 days in other SLC mountains + 4 days in jackson hole
  4. i am conflicted. really strong employment numbers today.
  5. wackawacka

    Getting old sucks

    I could only ski for ~2ish hours today then my joints locked up and had to get a mid day nap.
  6. the show is getting less bad but still fucking terrible.
  7. Wife sent me this about myself My response: truth
  8. Heading to Ecuador in June. Basically, I go to a random city alone without anyone else based on when I can get away and a country or city that I never been. Found a cheap 1st class ticket so booked it. Right now flying into Guayaquil and in the country 10 days. Have not booked anything. Last year I went to Lima, Peru and all I did was wonder and eat. It was great. Give me your recommendations.
  9. It then becomes who has the appetite for legal fees and brain damage. Just because it is legal, doesn't mean someone can't waste your time. My GC at current company was a partner in a litigation practice at a major firm. We have a high risk tolerance.
  10. PE may have its own reckoning as public markets won't buy it anymore. PE is only able to sell to other PE funds resulting in lack of cash on cash return for funds. PE is realizing public markets have woken up to the asset stripping strategy and won't be left holding the back. PE is going through VC correction that started a couple of years ago. Expect to see a lot "investors" unemployed because the industry needs to shrink.
  11. I have mostly stopped reading politics and political boards because of the level of stupidity. The mental gymnastics by Trump supporters especially in finance, wall street, bankers, etc is mind numbing stupid. They are going to crash the economy and there is no 4D chess. It is all just stupid and unplanned. Only coherent policy position is full on corruption.
  12. tesla buys solarcity feel to it. clearly there is massive fraud here but well self-dealing then you can hide a lot for a long time.
  13. Our policy of isolation even with aid, will result in the world being more violent.
  14. There are good legal ways to prevent litigation risk like telling your team where you are going and just posting lots of jobs in new role so your team applies vs poaching. It is very normal and well within the bounds of professionalism to raid your old company for talent. Just do it legally.
  15. Wage pressure is down but inflation "expectations" is up due to policy uncertainty. The challenge imo is we are moving into self-fulfilling prophecy with recession and inflation. Everyone expects it so it becomes true.
  16. Glad I don't listen to shaggy right wingers on investing advice. Made so much money being long Meta. Lots of bloat in MAG7 for headcount and plenty of people will work for that level of compensation
  17. took tomorrow off. hell yeah!
  18. Yeah, you don't need to wade into politics to see that the administration is willing to tank the market and economy for their ideology.
  19. hahaa. our family advisor on trust, etc said we should budget about $20m for a home in Atherton...I was not happy he said that.
  20. Set up family trust, wills, etc. Legal fees are expensive for what we are doing (e.g. QSBS). Selling part of the company so we can take some cash out of the business ($10m-$30m). Hopefully, buy a new permanent home but wife just said she wants to live in NYC this fall.
  21. i still use turbotax which my wealth manager laughs at me about. think GS and MS private, wealth management. my finances are SO simple so why pay more money for nothing incremental. with that said, i have to use a CPA next year has most of my assets are being moved into trust, etc for estate planning.
  22. i moved to cash in feb 2025. looking and feeling pretty fucking smart.
  23. The vail park city situation is a complete disaster. A good portion of the people I meet on the lift at Alta have had to buy day passes at Alta or other areas and consequently double paying as no one wants to ruin their vacation. Vail rightfully is super fucked as they should pay their people more.
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