@heartofthesea.bsky.social
Reposted
I think one of the lessons that the huge success of congestion pricing in NYC is that charging a nominal upfront fee- even one far less the the levellized cost you are paying for elsewhere- is very good at cutting off the bottom 5% of bad behavior that makes things worse for everyone.
December 23, 2025 at 11:46 PM
I think one of the lessons that the huge success of congestion pricing in NYC is that charging a nominal upfront fee- even one far less the the levellized cost you are paying for elsewhere- is very good at cutting off the bottom 5% of bad behavior that makes things worse for everyone.
Lennar homebuilding gross profit down 30% and EBIT down 50%.
Think the >million homes shortage thesis is done. Much lower population growth going forward plus abundant new supply growth in the Sunbelt 2021 onwards closes a lot of the perceived gap.
Think the >million homes shortage thesis is done. Much lower population growth going forward plus abundant new supply growth in the Sunbelt 2021 onwards closes a lot of the perceived gap.
December 17, 2025 at 5:08 PM
Lennar homebuilding gross profit down 30% and EBIT down 50%.
Think the >million homes shortage thesis is done. Much lower population growth going forward plus abundant new supply growth in the Sunbelt 2021 onwards closes a lot of the perceived gap.
Think the >million homes shortage thesis is done. Much lower population growth going forward plus abundant new supply growth in the Sunbelt 2021 onwards closes a lot of the perceived gap.
Reposted
One has to admit that whatever is going on here, there is something truly astonishing about it
December 17, 2025 at 6:20 AM
One has to admit that whatever is going on here, there is something truly astonishing about it
The "Gorilla of Airline IT" Amadeus
December 13, 2025 at 10:42 PM
The "Gorilla of Airline IT" Amadeus
$BTI and $PM matching the SPY for the last 7 yrs. Probably the only two large staples with such an achievement?
December 11, 2025 at 8:17 PM
$BTI and $PM matching the SPY for the last 7 yrs. Probably the only two large staples with such an achievement?
$ORCL / AI capex trade unwind??
December 11, 2025 at 3:22 PM
$ORCL / AI capex trade unwind??
2025: stocks I almost pulled the trigger on - seconds away - indra sistemas and unicaja banco - are up 200% / 120% YTD respectively LMAO
why did I pass? - distractions, lack of urgency, then maybe 15%-20% move up and was unable to buy
only consolation is they would not have been large positions
why did I pass? - distractions, lack of urgency, then maybe 15%-20% move up and was unable to buy
only consolation is they would not have been large positions
December 10, 2025 at 8:53 PM
2025: stocks I almost pulled the trigger on - seconds away - indra sistemas and unicaja banco - are up 200% / 120% YTD respectively LMAO
why did I pass? - distractions, lack of urgency, then maybe 15%-20% move up and was unable to buy
only consolation is they would not have been large positions
why did I pass? - distractions, lack of urgency, then maybe 15%-20% move up and was unable to buy
only consolation is they would not have been large positions
Reposted
We have built endless machines to stimulate us at all times and evoke a neverending torrent of strong feelings, and nothing is so stimulating, so evocative, as cheap nostalgia paired with the assurance that you’re right to feel everything good has been taken from you, you’ve been wronged by history
this is why i prefer the term "the malaise." there is *demonstrably* a malaise. nobody likes The Current Thing™️. but *what* they're mad about? or more precisely, what *caused* them to be mad? that is a much harder question, and one it does not do to presuppose
December 8, 2025 at 11:08 PM
We have built endless machines to stimulate us at all times and evoke a neverending torrent of strong feelings, and nothing is so stimulating, so evocative, as cheap nostalgia paired with the assurance that you’re right to feel everything good has been taken from you, you’ve been wronged by history
It is pretty amazing
The revealed preferences of the richest man in human history suggest that the most valuable thing in the universe is indeed getting likes on your online poasts
There aren’t many material luxuries that compare to having one’s grievances endlessly validated. The richest man in the world could have yachts and planes and every material thing conceivable, and he has opted instead to build a social universe where his grievances are always justified
December 9, 2025 at 1:44 AM
It is pretty amazing
One of the best megabanks in the world...$RY
December 8, 2025 at 7:33 PM
One of the best megabanks in the world...$RY
Reposted
Ken Lay's ghost is so pissed.
February 25, 2025 at 1:50 PM
Ken Lay's ghost is so pissed.
wild performance numbers
he's back to beating the S&P!! 😲
like the carvana guy
he's back to beating the S&P!! 😲
like the carvana guy
November 26, 2025 at 8:43 PM
wild performance numbers
he's back to beating the S&P!! 😲
like the carvana guy
he's back to beating the S&P!! 😲
like the carvana guy
amazing the games companies play with proxies and compensation policies
from vosscap deck on griffon. GFF removed low CEO pay/high TSR peers and replaced them with high CEO pay/low TSR peers in the comparison set to make themselves look better:
from vosscap deck on griffon. GFF removed low CEO pay/high TSR peers and replaced them with high CEO pay/low TSR peers in the comparison set to make themselves look better:
November 21, 2025 at 5:59 PM
amazing the games companies play with proxies and compensation policies
from vosscap deck on griffon. GFF removed low CEO pay/high TSR peers and replaced them with high CEO pay/low TSR peers in the comparison set to make themselves look better:
from vosscap deck on griffon. GFF removed low CEO pay/high TSR peers and replaced them with high CEO pay/low TSR peers in the comparison set to make themselves look better:
i dunno why wal-mart moving to nasdaq gives me the ick as much as it does.
November 20, 2025 at 6:50 PM
i dunno why wal-mart moving to nasdaq gives me the ick as much as it does.
Gemini sums up the last 10 years for Sunbelt REITs
November 20, 2025 at 6:38 PM
Gemini sums up the last 10 years for Sunbelt REITs
wonderful business that I sucked my thumb on at IPO. Has done very well, both biz and stock:
November 20, 2025 at 6:21 PM
wonderful business that I sucked my thumb on at IPO. Has done very well, both biz and stock:
what explains this?
Oil stocks up while WTI is down significantly
Oil stocks up while WTI is down significantly
November 17, 2025 at 5:12 PM
what explains this?
Oil stocks up while WTI is down significantly
Oil stocks up while WTI is down significantly
Classifieds marketplaces in the last 3 months
November 12, 2025 at 7:56 PM
Classifieds marketplaces in the last 3 months
November 12, 2025 at 6:59 PM
Reposted
2/ It is uncanny how much Meta’s efforts in the last year have just been a rerun of Mark’s original effort to build FAIR by hiring Yann Lecun back in 2013
- Invitations to 1-on-1 dinners with Mark
- A desk next to Mark at the office
- “Intelligent agents” booking airline tickets
- “Open source”
- Invitations to 1-on-1 dinners with Mark
- A desk next to Mark at the office
- “Intelligent agents” booking airline tickets
- “Open source”
November 11, 2025 at 4:43 PM
2/ It is uncanny how much Meta’s efforts in the last year have just been a rerun of Mark’s original effort to build FAIR by hiring Yann Lecun back in 2013
- Invitations to 1-on-1 dinners with Mark
- A desk next to Mark at the office
- “Intelligent agents” booking airline tickets
- “Open source”
- Invitations to 1-on-1 dinners with Mark
- A desk next to Mark at the office
- “Intelligent agents” booking airline tickets
- “Open source”
Feels a lot like this right now
November 11, 2025 at 3:49 PM
Feels a lot like this right now
$WKL Wolters-Kluwer
November 7, 2025 at 5:16 PM
$WKL Wolters-Kluwer
Barry Callebaut - unreal valuation from 2015-2022 before the cocoa supply mess. a friggin cacao bean roaster for 26x PE, crazy times those were.
November 5, 2025 at 9:54 PM
Barry Callebaut - unreal valuation from 2015-2022 before the cocoa supply mess. a friggin cacao bean roaster for 26x PE, crazy times those were.
Wild earnings season.
Fiserv
Robert Half
Roper
Insperity
FactSet
Fiserv
Robert Half
Roper
Insperity
FactSet
November 3, 2025 at 11:44 PM
Wild earnings season.
Fiserv
Robert Half
Roper
Insperity
FactSet
Fiserv
Robert Half
Roper
Insperity
FactSet