merkhet

100%. I don't agree w/ their politics, but it's a damned good business.

Yea, but the one-upmanship is sort of what I'm talking about. How do we know these people aren't just 4chan-faking it because it's fun to watch people think their posts are real? (FWIW, there's definitely froth out there, but I don't know that r/wallstreetbets is where I'd go for a good representative sample of the market. Basically, I'm wondering about the possibility of confirmation bias in seeing/thinking there is froth in the market and then seeing r/wallstreetbets and thinking that it's more real than it is. It could all be kayfabe for all we know.)

Are we sure that folks on reddit aren't just... lying? I mean, it's the internet. People lie on the internet.

I thought the flickering of the green light across the water was the GM plant in the background. Oh man, this changes everything.

+1 to all of this

Haha, 24 year old me made... interesting... choices. My last apartment before leaving NYC was a block away from Union Square because it allowed me to easily stumble home drunk @ 3am. Also, it was next to a number of bars, and I could easily bounce someone from the bar to my apartment. (“My apartment is just a few doors down.”) ? Fair enough! I would say that even compared to Austin (or even Dallas, where I live now) there’s a huge gap in terms of things to do, cultural aspects, etc. The fact that there’s only a $1k/month difference between Atlanta & Chelsea is probably bullish NYC IMO. But, of course, this is all dependent on life stage! 37 year old me has a wife and a kid, so Dallas is great!

+1 to both -- if you're a young and single person, you will almost certainly be back in NYC in a few years regardless of whether you can do your work from Des Moines -- because then you would have to live in Des Moines. thepupil inspired me to take a look at my old apartment in NYC. https://bit.ly/2IMTBJ8 The gross rent is maybe two hundred bucks north of where it was when I moved to NYC in 2007. As a 24 year old newly minted lawyer, I was more than happy to apply part of my $160k salary (now $190k for anyone starting NYC Biglaw) to a nice crib. Y'all are crazy if you think people won't want to live in NYC again.

That is about the best post I ever read on this subject. Parsad is doing the right thing. +1 agreed on all the above

Equity Commonwealth Should be renamed "Zell Special Purpose Acquisition Corporation" and buy JGB Smith and rename it the "Amazon Real Asset Growth Hacking Vehicle (technically not lying and more sincere than towing a truck prototype up a hill)" 70% pop guaranteed! LOL

+1000 This forum is super heavy on males, so it’s not super surprising that we would collectively miss on a number of companies whose products are primarily geared towards females. It’s also super heavy on people who are generally frugal, which again means there’s a huge blind spot for luxury goods.

As someone who grew up in Houston and lived there for a while as an adult, lived in NYC for a couple of years, and now currently lives in Dallas, I can assure y’all that neither Houston nor Dallas is a satisfactory alternative to NYC.

I suppose it depends on the reason behind the thumb sucking. Was it fear of the unknown, inattention to what was going on, greed because of wanting to wait for an even better deal? etc.

Maybe he could take out minority shareholders at a very slight premium to this price. Too soon? I love that he briefly talks about the Boardwalk assets. "Uh, so the Boardwalk assets are worth a lot... but we are also getting sued on that takeunder, so if there are any lawyers on this call, Boardwalk isn't worth very much..." #threadthatneedle

I think you have an audience of one for these posts, and I like the reviews, so carry on!

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