Gregmal

He is rich and got the best care....also known as "the good stuff"...aka the same stuff regular folks were getting in China in February and NY in March/April. Remdesivir, vitamin D, and zinc... Whats more likely(Cuomo nursing home blunder aside), NY/NJ/MA, etc running 6-8% death rates? Or cases back when testing wasn't being done efficiently are grossly understated? I know, the Earth is flat. Steve Wozniak was likely positive here in the state during the first week of January....fake news. I know maybe a dozen people personally who have had it. 80% haven't been confirmed/are not represented in the official case numbers... The entire bunch of old, fat, unhealthy US politicians just got this? Still waiting for the mass casualties... UF is pushing hard for 100% capacity at next weeks game. A guaranteed super spreader event, if so, according to the experts. If 2-3 weeks following that there isn't substantial evidence of this occurring, can people finally just shut up and get on with their lives? Its just non stop hype of this damn thing and there's nothing to indicate it is warranted anymore. Dont blow it off anymore than you would with the flu or any other basic common sense health/safety measures...but enough with the fear mongering and hysteria. Even back to Trump..."oh he was asking for it"...well a 74 year old in his condition getting the flu is probably pretty darn dangerous too. But stop giving this thing super powers that it clearly doesnt possess..

Quite ironic considering in Feb/Mar/Apr many folks were pleading for increased testing to determine accurate infection and spread statistics, but were met with resistance (what good will testing do!?). Eh people pushed for whatever fit their narrative. The people pushing for more testing mainly did so because they wanted to bitch about more positives...something that played out as expected. The majority here were adamant there was no covid in January and February, and that the fact there wasn't testing was irrelevant. That things only got out of hand in March/April because of "political" reasons, not because the virus was present before anyone knew it. I was in NYC in mid February and at a packed arena in early March. Life, and people were behaving totally normal. The damage was done through media hysteria and government policy. By and large the coverage and propaganda has turned people into a bunch of pussies. For instance, up until 6 months ago, if you had a runny nose or a cough you sucked it up or took some over the counter stuff and life went on. Now someone has a runny nose and they race to the hospital and are told they must stay in a room for 14 days. They become pariahs simply because they show symptoms of what most consider regular seasonal allergies. I mean Chris Christie was just released. Another fat fuck with no shortage of high risk flags...living to tell about it.

In February and March there was barely any testing, at least compared to today. Obviously numbers are drastically understated. Which is why it was again utterly unbelievable that some folks continue to cite statistics they cant possibly believe to be accurate. Its similar to the politically charged global figures as well. Trump called this out at the debate. "Oh US is x% of population and 25% of deaths"...."You believe the numbers out of China, Russia, India?"...."crickets"....

Fenway Group, owner of Red Sox and Liverpool, going public through RBAC. Valuation will be $8B based on deal, and as much as $11B taking into account A/H movement, granted announcement came at 7:50 pm on a Friday before a holiday weekend and volume was light.

So was Gregmal, all week. Over 100% of float is short. Borrow has gone up 5 fold in short period of time, and where shares are available, is over 100%. Company has bought back, by my estimates, over 1M shares since July.

Zerohedge has had an unusual focus on the bioweapon thesis. There have been many stories including this one: https://www.zerohedge.com/geopolitical/visualizing-secret-history-coronavirus-bioweapon Out of curiosity, in the event that the thesis is true (ie the virus is man-made and accidentally or even as part of a human plan, was released as a 'weapon'), this would have potential consequences for 'reparation'. But how does this change the defensive strategy, ie how to limit the damage, relatively speaking, in comparison to other countries for example, from a data point of view? imo, not in any respect. but the veracity of this claim is perhaps the single most important foreign policy issue today...and it is not being discussed as such, although trump has been alluding to it...put another way, how would you react to a bombing conducted by China against the US that resulted in 200k deaths? I know this is being provocative but my intent is to provoke thought. my understanding of the bioscience is quite limited, but sufficient to appreciate these claims as legitimate I disagree with Zerohedge. My classmate works in a flu lab in cold spring harbor in NY. She said before 2012, they've been doing a lot of things similar to what this Wuhan Virology lab's been accused of doing. They genetically mutate the flu virus to see how to make it more deadly. Later it was banned because it is too dangerous and doesn't really contribute to science a lot. That's the fact. The rumor part is that a lot of this kind of research was outsourced to China. The scientist Zhengli Shi (Wuhan virology institute's Vice Director) was obsessed with this kind of research because it is banned in most other countries, so if she did it, it would be so easy to publish top notch papers. She did publish a paper in 2015 regarding genetically swapping the S protein of a SARS like virus and then the virus can infect human. (That's fact, not rumor) So that's all I know. I still think (without evidence) that this whole COVID thing is an accident from Wuhan Virology Institute. The director of Wuhan Virology Institute is not very good. So I wouldn't be surprised of mismanagement of the lab. This is intentional and one of the biggest problems with MSM. They do things like this, to preemptively cut off and discourage the eventual outcomes that dont fit their narratives and agendas. It seemed pretty clear early on, especially paying attention to Chinas actions, that this most likely was a lab escaped virus, most likely the result of negligence rather than anything sinister. But when its already framed early on to be a tin foil hat, conspiracy theory pushed idea that the virus came from a lab...... Same thing with voter fraud. Sure it hasn't happened before on a large scale. So what? That means we shouldn't take precautions going ahead? Just ignore the issue completely? Never before have we had mail in voting be so prevalent as this year. But if you script the narrative ahead of time, and already paint anyone who brings this issue up as a crazy, its serves your purpose of immediately allowing you to discredit them.

Go for a fishing trip! Heck, you might land this sweet catch: And folks say to watch out for alligators and snakes down there....yuck.

In other news, after opening bars and nightclubs, Florida has now OK'd stadiums and venues to operate at 100%. Any advice on how to bet on 9% of the population dying in 2 weeks? Its god's waiting room remember? The next Italy(said Italy but meaning Lombardi).

Yeahhhh. I cant help but wonder if the end is indeed near when even the doggone real estate stocks are ripping like they have the last week or two. On a more serious note, congrats on the move. I agree with some sentiment that the market may be starting to price in some inflation that will inevitably come with a Biden presidency. Long RE, pot stocks, and EVs lol.

Its also important for counter-parties to understand what they are dealing with. The reasons corporations suck, is because its streamlined policy and procedure, and there is nothing personal about the relationship. In a person vs person transaction, there can be sympathy and understanding. When people are reduced to numbers as they say, and no one is responsible for the relationship, it just defaults to going by the book. That said, as a landlord, I generally try to be understanding and treat others how I want to be treated. However every time I try to be the nice guy, and make exceptions or give people a break, it almost always turns out to be a mistake and people often take advantage of this. Overlook someone with a shit credit score because they have a good story and a nice family? You almost always end up running into issues with then. Let someone hand in the rent a week late without penalty...not too long after they are 2-3 weeks late. Tell them they can deduct discretionary improvements to the unit up to $100 a month(ie new thermostat, Faucet for sink, etc) and every month theyre spending $95. Say you're open to letting them exit a lease early? Then they bail on it anyway and say, "keep the 1 month security deposit"... So from experience, you kind of have to straddle the line of being a dick. Just enough to keep people honest. Otherwise they tend to take advantage of you. And when its your wallet vs theirs, all you have to fall back on is the integrity of the person and contract you have in writing. I think the world would get really ugly, really quick, if everyone acted like a vampire squid WS banker.

bought back some DPZ I sold a few weeks ago.

Yup. Go to cash, bro. Extinction level stuff. Just see where the market will be in a few months. RIP World, March 2020....

The student loan problem is largely driven by hedonistic, self centered, and self entitled ambitions. Most "go away" to school as a lifestyle choice. It is getting to a point where it makes next to no sense to go to university unless you are doing STEM type courses. You can make $150 an hour as an electrician. You can earn six figures doing plumbing or HVAC. It costs perhaps several thousand dollars to get the training to do these things. You can even now make six figures driving a truck. I really struggle to understand what some people are thinking when it comes to mortgaging their futures so to speak. For what? Some drinking and sex for 4 years?

Forgiving student loans certainly isn't ok. Freeloaders and degenerates aside. If you have your student loans forgiven there should be a mandatory 10% penalty tax on that persons earnings for the rest of their life. Would make one think long and hard about whether its worth weaseling out of a few years salary worth of loan.

Lack of personal responsibility is universally a bipartisan position. Maybe we can get car and mortgage payments included in the next stimulus package.

Sold some short dated DDS puts and bought a few calls.

Entering a contract and then willfully disregarding it is grounds for legal trouble and a case can be made that it is fraud.

There's always this.... https://fortune.com/2018/01/11/woman-returns-dead-christmas-tree/

Sold my JOE. Nice run, although nothing material and basically just hot air regurgitations of the usual pitch, which has been out there for ages. Still like the company, but at 26 there are definitely more interesting RE plays out there.

Definitely fishing and sports for me. Really just anything that forces you to engage physically and mentally and kind of leave your status quo for a while.

I agree with others. You bought it, you pay for it. I had a situation were I needed to get out of an Audi lease early. I was told by the salesman they would buy it back. Long story short, they did, but for $6000 out of my pocket. But you made the commitment, honor it.

https://www.cnbc.com/2020/10/06/house-democrats-say-facebook-amazon-alphabet-apple-enjoy-monopoly-power.html Stealth mode again. Totally under the radar.

Remember how unsafe it would be for professional athletes to play sports? Contact ones at that? And despite some leagues having little to no issues(NHL), and others having some big ones(NCAA, MLB), here we are. Cam Newton possibly coming back in less than a week. Same as DJT. Awful lot like the flu. With all due respect to the ones here have actually made an effort to be unbiased and are just genuinely interested in the science, I think as it relates to markets and investing, provided nothing extraordinary such as a horrific mutation or a liberal takeover and grand shutdown of the US occurs again, covid is pretty much a non material market story and really just fodder for the science nerds and academics at this point. Anyone ever remotely in favor a shutdown should look at how FL, AZ, TX, GA breezed through their "crisis waves", without doing what Murphy or Cuomo did here in the Northeast. The places in the market where it is material are places where psychological damage resulting from negligent shutdowns and politically charged and amped up news flow have created demand impairments. Which will linger a bit in the obvious areas but that too should have the worst behind it.

Buybacks are typically a horrible idea for cyclicals because of the inherent risk that your excess cash is typically prone to being produced at the peak of the cycle. High share prices tend to also be more likely while the business is strong and results look good. So quite frequently you get capital intensive businesses buying high and then being starved for cash and having to sell low. Of course, there are exceptions, but over the years Ive changed my opinion on this quite a bit and think dividends are indeed the most considerate option for a shareholder friendly management.

Sold a few 10/9 $85 puts for 40c. Thanks to POTUS antics and vol spike.