Gregmal

Yeah, this is so true. The world would be a much easier place to live in if everything were black and white, no shades of grey. It totally sucks that existence is so complicated. Its actually not complicated at all. Its defined by the constitution.

LOL, re-introduce the Trump bashing angle....welcome back Dalal. No political motives here though, they swear!

Aren't they planning a large political rally tomorrow? I think protesting police brutality and corruption and racism may be a cause worth taking risks for, but getting on stage to get some narcissistic supply may not rise to that level... Of course! The Hypocrisy of the LEFT speaks once again! Justify the nobility of rioting/protesting/looting in addition to a dozen murders while spreading the disease unchecked! Beautiful! Thank you.! See this is the problem with these people. They are selfish and have zero grasp on principles. Do we allow large gatherings? Or not? Plain and simple, yes or no. Do you allow people to fly pieces of cloth, yes or no. Do we believe every women who makes a sex assault claim? Yes or no? And thats it. But to these people, its yes here, no there...yes to what I feel, no to you....oh I agree with this so yes, I dont like that so no....

Carl Icahn just sold Hertz at $0.70. Lee Cooperman has ended up owning more bankrupt companies than any billionaire Ive ever followed. Warren Buffett just chased his tail with the airlines, sold what he did at the bottom, not only did he miss the rally, but he continues to be unable to find anything to invest in. Theres plenty of examples of great investors making mistakes, and also examples of shitty investors making mistakes. "So and so owned XYZ" is essentially a stupid argument. Go find the overall returns and that will give you a better idea, because thats all the matters. Well, to most at least. Some have shown they'd rather not make money if the investment doesnt fit some stupid mold of whatever a value investment is supposedly supposed to be, but who cares what those people have to say. A dollar is a dollar. If I was forced to chose between putting money into an Ark fund, or say, Greenlight Capital, it wouldn't take very long to make a decision.

I can't find what, if any, penalty Newsom is imposing for not wearing a mask. Florida Keys just did it until June 2021. $500 fine.

He seems to do this a lot. I find the the people who call crashes every 6 months have a perfect record in terms of having "called" all the previous ones. https://www.wsj.com/articles/SB10001424052748704905604575027602834843606 I remember that Mr. Grantham once sounded like you: he said that people with cash tend to suffer from terminal paralysis (rigor mortis). https://www.gmo.com/americas/research-library/reinvesting-when-terrified/ The one-page memo (which can be downloaded) holds a special place in my financial portfolio. His fair value assessment for the S&P500 was at 900 then and many felt he was wildly optimistic... That is an excellent article.

If you want "free trading" and market access so you can invest your incremental $100 a week or whatever, this is what you get. Bares bones bs thats riddled with conflict and hidden costs/risks. KYC is great and all, but when you have the option of opening an account without ever even talking to a real human being, I'm not sure what you can expect, especially since, they are able to do it; everyone lets you open up an account and trade within 24 hours no a days. This is the system, and if all of them are doing it, I am sure its one of those special finance areas where its either a) allowed, 1b) not allowed but no one cares or 2b) profitable on a net of the slap on the wrist fine basis. I mean for those arguing otherwise, what else does a ROP have to go off of? Is he/she expected to personally call every applicant and string them through a lie detector test? If you legalize drugs, tragedies will happen. If you make trading available/attractive to everyone, the same things occurs. The solution IMO is educating people, rather than advertising. Financial industry advertising used to be incredibly regulated and super strict about what got through, although periodically thats ebbed and flowed. The most obscene Ive ever seen were not coincidentally during the late 90s, I think from Etrade. If it were up to me, they should treat all of them the way they treat hedge funds.

Yea........I think its for sure pushing new grounds to now hold brokerage firms responsible for people of legal age, speculating on things they may or may not be knowledgable about. The era of the "no fault" individual because of the "greedy" corporation is underway...but if we are already at the point where gamblers arent responsible for their actions...then we are indeed in deep doo doo. This is irrespective of the tragedy involving the 20 year old.

He seems to do this a lot. I find the the people who call crashes every 6 months have a perfect record in terms of having "called" all the previous ones. https://www.wsj.com/articles/SB10001424052748704905604575027602834843606

And, despite sad stories like this, and much of the country in shambles financially, we still haven't "mustered up" the courage to demand even basic, entry level financial literacy courses for our high school students....nah, we need all those important schedule blocks for study hall, literature, and photography...

Reduced MSB, FIZZ

MSGE, ESRT, INFO, bought and then sold some MDXG.

That's interesting. I think this is the first time I've "met" someone who thinks it's fine to fly both the ISIS flag and the Nazi flag. I am a fan of protecting peoples rights and freedoms afforded to them by the constitution. Peoples rights should not change like stock prices based on the flavor of the month or the rotation of parties in power. They should be unassailable and without question. I really dont care about the flag issue. Like, in the course of things that are important in my life, saying its not even on the radar would still be giving it too much priority. If all flags are banned I would get by just fine, and if anyone was allowed to display any flag they wanted, I wouldn't care either. I just think its worth noting how fundamentally hypocritical a lot of people are. I mean, was there just, for the past few years, this massive deal made by some about how taking a knee was fine because "the flag doesnt mean to you what it means to me"? And now, many of those same people are claiming that, "this is what the flag means to me so thats what it has to mean to you"! At the end of the day, if we are consistent, let people fly whatever flag they want, no different than how we can also let Twitter ban or modify content from whoever they want, bakeries can chose to sell cakes to whomever they want, and Sanjeev can choose who gets to be a part of CoBF. From there, society, and the laws of supply and demand will determine the viability of those behaviors, and if, a for profit organization(arguable in Twitters case), people can vote "this is unacceptable" and give the proverbial thumbs down by choosing to take their business elsewhere. Interesting perspective--I think it is consistent. I really like that you're owning the idea, and not backing down just because the consequences are pretty nauseating. It is absurd to blatantly pander to hypocrisy and crybabies. Often, many of those who are "offended" do not represent the masses; they just scream loudest(Example being the Washington Redskins. If Redskin was offensive enough to most, there would be no ticket and/or merchandise sales, players wouldn't play for them, etc and they would be forced to change the name). Should your constitutionally guaranteed rights, be subject to the whims of random people and whether or not they claim to be "offended"? Especially when, in some cases, the issue comes down to something that on a fundamental basis, everyone else is allowed to do, but YOU(IE put up a piece of cloth of your choosing)? There was a time when a rainbow flag was highly "offensive" to large portions of the population. Over time, society has advanced greatly, and made tremendous progress, even in many old school institutions such as churches. Why? Because there is a great power in the effectiveness of societal values. It's function is actually very similar to the market adage of "short term voting machine, long term weighing machine"....typically, at least so far historically, we end up getting things right. Bad/unacceptable behaviors tend to get marginalized on their own. If people cant defend their positions, or the consequences of them, more often than not they are forced to conclude that the position is not worth having. Again, much like an investment.

That's interesting. I think this is the first time I've "met" someone who thinks it's fine to fly both the ISIS flag and the Nazi flag. I am a fan of protecting peoples rights and freedoms afforded to them by the constitution. Peoples rights should not change like stock prices based on the flavor of the month or the rotation of parties in power. They should be unassailable and without question. I really dont care about the flag issue. Like, in the course of things that are important in my life, saying its not even on the radar would still be giving it too much priority. If all flags are banned I would get by just fine, and if anyone was allowed to display any flag they wanted, I wouldn't care either. I just think its worth noting how fundamentally hypocritical a lot of people are. I mean, was there just, for the past few years, this massive deal made by some about how taking a knee was fine because "the flag doesnt mean to you what it means to me"? And now, many of those same people are claiming that, "this is what the flag means to me so thats what it has to mean to you"! At the end of the day, if we are consistent, let people fly whatever flag they want, no different than how we can also let Twitter ban or modify content from whoever they want, bakeries can chose to sell cakes to whomever they want, and Sanjeev can choose who gets to be a part of CoBF. From there, society, and the laws of supply and demand will determine the viability of those behaviors, and if, a for profit organization(arguable in Twitters case), people can vote "this is unacceptable" and give the proverbial thumbs down by choosing to take their business elsewhere.

Probably somewhat trolling. I am afraid that liberals are going to ban anything they don't like as "hate speech" though. As I pointed above, banning flags of traitors and groups that committed atrocities are quite common and not brought to you be raving "libruls". Yes, but that's only because the union won. If the confederacy had won, we would be the "traitors." Indeed, if the Nazis would have won WWII, they would calling our side for the "atrocities" too. Eh thats a bad argument. As you know, a moral compass is not guided by who wins. That said, a flag is a piece of cloth. It means different things to different people. We've seen this in many instances, for a long time. Even down to gangbangers shooting people up over disrespecting their flag/colors. As I mentioned, to many folks in the south, its just a symbol of southern pride. Greg, I am sorry for calling you the r-word. Here is a picture of some proud southerners enjoying their BBQ, whiskey, guns, and country music in the good old days of American greatness. Im just filling people in on some of the cultural perspective. Ive never flown a flag in my life and think they are essentially what the religious zealots call, false idols. I lived in Florida for a bit and its definitely something many people, of varying races incorporate into their lives. Bumper stickers, hats, bandanas, etc. This was about a decade ago, so perhaps thats all changed. But again, to just blindly associate it with slavery and hate ignores the perspectives of many of the folks down there and where they are coming from.

Well, back before everything become racist, the confederate flag was often viewed by people as a sign of southern pride. Synonymous with barbecues, whiskey, guns, and country music. Nothing more, nothing less. But again, this is before the dictators in the coastal cities decided they were unbridled endorsements of slavery and sought to both ban the flag, and ruin the lives of anyone who contested their idea of what the flagged represented.

Parsad, let's keep this on topic! The official stance is that we are going to allow Greg to repeatedly call black people savages. I've expressed my moral outrage. Let's move on. That is not what happened. No need to be a liar because you got called out. ERICOPOLY posted a CNN article covering protestors who were described as "angry". But what these people were doing fell into the category of assault, looting, arson, vandalism, and several other serious crimes and just in general, boorish behavior. I described them(the protesters doing these things) as savages. You turned it into a race thing. Surprise, surprise. I even pointed out to you, that it was ignorant to assume they were all black, because there were people of many races doing these things.

Well, he's going to hold his stupid rallies, and if that causes some massive outbreak, he will likely be held accountable in November. If it again turns out to be another case of the boy who cried wolf, well, voters will likely see that also.

Greg, I don't need a thesaurus to know you are a racist. But just so are fully aware of how racist this word is: "'This word is our N-word': Indigenous teacher asks Urban Planet to drop racial slur" https://www.cbc.ca/news/canada/new-brunswick/offensive-term-remove-urban-planet-1.5305540 Wow - now Greg is a racist. This after he is an anti-Semite. Nicely done KC. Unfortunately Greg - you are feeling the Bitter Hostility of the LEFT. When they tire of debate - they resort to call their opponents racist, homophobe, or religious bigot to shut you up and discredit you. Don't let it bother you. It's the standard tactic of the LEFT. Once you see the game they play for what it is, there is nothing they can call you that bothers you. Although I will admit, the anti-Semite thing was rather funny. I am still waiting for Pauly to explain if its possible for a Jew to be anti Semitic. Although it does touch my heart that he was offended for all of us! Theres a certain irony to going through life labelling and grouping people together in the name of equality. Personally, I prefer to just view people as people and like/dislike them based on the content of their character.

Greg, I don't need a thesaurus to know you are a racist. But just so are fully aware of how racist this word is: "'This word is our N-word': Indigenous teacher asks Urban Planet to drop racial slur" https://www.cbc.ca/news/canada/new-brunswick/offensive-term-remove-urban-planet-1.5305540 Classic. RACIST! he cries. The Washington Redskins is also offensive to some. Perhaps stop being offended by everything, and for everyone, all the time. I at first was puzzled by this, but then came to the conclusion it is by design. This need, in the identity politics playbook, to brand everyone as some sort of bigot. But its stupid and once you understand the game these tactics literally have zero effect anymore. There really isn't anything anyone could say to me that would offend me. Being "offended" is a waste of time and energy. I cant imagine going through life taking issue with so many things. Just live your life however you want, treat others the way you want to be treated. Simple enough. Of course though, as so many like KC fall for it, the system hinges on disruption and having "racism" rampant, keeps people tied to the strings of the apron and allows the puppet masters to continue on. In order to solve real problems, you need to get beyond the headline fodder and "labels". I mean how stupid is it that in order to protest police brutality towards the AA community, their solution is to go out and do things that mandate the presence of police officers and even in many cases warrant their physical intervention? Its asinine when put like that. Further inquiries, especially with regard to race, actually point to poverty and economic duress as the main drivers that create structural and systematic hindrances. This of course effects various races differently, but believe me, I have a number of friends(whom happen to be African American), and the notion that their skin color means they had to "overcome" something to get where they are(successful and wealthy), drives them nuts. So does the notion that they benefited from some sort of race related special treatment. Its condescending and viewed as disrespectful to their families that raised them the right way and the communities they grew up in. Its the same reason many in the South Florida Latino community are disgusted by illegal immigrants. It creates distraction and brings about negative implications for those that did things the right way. American continues to provide fertile ground for people of all races to vastly improve their lives, as long as you get off your ass and fight for it. Crying "racism" has basically just become a crutch and if you cant see its counterproductive, then I dont know what to tell you. Go out and hustle rather than automatically claiming you didn't get the job because the guy hiring was a bigot and now rather than look for one you want to post about it on Twitter.. The issue we've just seen, may have threads of race involved, but the overwhelming issue is lack of accountability for officers and a bully culture and an us vs them mentality rather than "protect and serve". But you'll never get to have those meaningful discussion if you keep on thinking that things just randomly happen to you because you're (insert race here) and the whole world is out to get you. Theres probably even reasonable evidence that the constant "race" stuff is divisive in its very nature. As human beings, everyone should look out for each other and its odd that to many, the answers to issues of inequality is to treat people differently!

Yes, there was a point when one must be concerned and start taking this seriously. We dont just start hoarding sanitizer and wearing face masks everywhere for no reason. That is abundant proof there is "concern". Throughout history, we have had things like this pop up. No different than a volcano or earthquake, except that there are actually measures you can take to improve your chances. No one is saying those things shouldn't be done. However what unfolded in March and April was extraordinarily over the top, and as evidenced here and many other places, politics was the main driver of that. Not really concern for those who were sick or those who lose their livelihoods... I never made any claim that the "country is doing such a great job". Each country faces its own unique circumstances and has its own cultural issues to deal with. The numbers really arent that different than what the flu would look like if there was no vaccine. This has been covered many times. Its just so strange, although not surprising, why you seem to have an infatuation with putting everything on one person(POTUS) when the results of a country as unique as this one, literally rely on hundreds, maybe even thousands, of agencies and officials working together, both dependently and independently of each other. Its also really bizarre all the outrage some here had at college kids partying or states reopening, but now little to no concern about hoards of protesters everywhere.

Yes! Everyone who isn't hiding under a table in their basement is part of the problem....LOL. Just like how the word "savage" being used to describe violent, looting protesters(many times over, documented in the media as being of a variety of skin colors, even whites!) is racist and in need of issuing an apology! You really hit the nail on the head KCLarkin. Please let me know what other words you commander from Mariam Webster and throw in your big, blue, liberal bucket of racist words. Jeez, it never ends.

Its amazing, if you dare use that same logic and apply it to other situations....IDK, perhaps tangentially relating to so called "police brutality" its met with denouncement and cries of racism. But anyway, yea. I guess when you dont officially set goal posts you can constantly shift them. People unfortunately die. This is part of life. I wish this wasn't the case, but it is. You arent griping about car accidents..totally avoidable. Cancer kills tons of people. We haver a pandemic. A virus with no vaccine yet. This stuff is inevitable. Its just amusing how you want to throw it all on the President when its consistently been blue city government officials leading with way with case/death counts. I mean, Trump sure fucked up with his NYC nursing home call! And I bet when its all said and done there is ample evidence to support the notion that more lives were destroyed by overzealous governments who thought it wise to destroy their local economies and unconstitutionally force their small businesses to shut down while letting people choose between Wal-Mart and Amazon for all their daily needs... So yes, I think its clear things needed to be minimized quite a bit, down just a notch from "extinction level event".

LOL yea, sure. Nothing at all to do with the political narrative being significantly less appealing given the way this has played out.... CoBF, an investment website, deserves a little more than hysteria, fear mongering, and OMG sell everything during times of market chaos, or so one would think. There was no bigger cheerleader of all those things than you, Dalal.

This is a positive for BAM and SPG? Honest question, as they have expertise, but current events seem to be pivoting away from that area. The key to success(IMO of course) for these two, at least in this space, is buying themselves enough time to redevelop and transition the properties in an orderly way. If 70% of retailers went belly up next month, it would be ugly owning these. But to the extent that they can extend that bridge, and even do so profitably, I think things will ultimately get rosier. If public market multiples are any indication, retail operations are currently very cheap(albeit risky). So as we've seen these guys do several times before, they buy out one of their key tenants with the objective of keeping the space filled and just collecting rent until they are good and ready to pull the plug in an orderly way. In a somewhat related note, I have been surprised by the interest from multiple parties in JCP.