Saunson69

[quote]There is not really a shortage of housing. There is a shortage of what people consider to be affordable homes in desirable areas.[/quote] This false. Google US home supply graphs. It is down by 75% from a few years ago....

Just check out this link [link=(https://fred.stlouisfed.org/series/MSPUS)]US Median home price[/link] I still don't think people realize even if interest rates drop 1%, the average to quasi upper middle class American still can not afford these homes. There is no one waiting on the sidelines a...

Seems like BRK is not as successfull as they used to be. They were in 80 90s 00s and 10s. But they are barely beating SP500 recenly. Not even sure about SP100. Something tells me it's because Buffet is so old and is hesitant to get into AI and tech which is where the money is today. His style worked...

I would pay money for there to be a TV show about this guy. Like The Truman Show. It'd be highly entertaining...

I don't get how the google car fit right next to that car. The pooper's car is taking up the lane. How would the google car have even fit past it to get that photo...

No, honestly I was thinking of BHP Billiton selling that and BP buying their Haynesville stuff. I used to think they were the same company when I first entered college and learned about these companies....

How it starts is a large company say BP has assets that they want to sell for whatever reason. They talk with different banks (JPM, Goldman, Jeffries, Credit Suisse, Scotia, Evercore, Bank of America, RBC) and figure out which would be best to have pitch it to other oil companies to buy. These banks...

Not 50 at a time. If a bank office in a city closes 12 deals in a year, then that's a very good year. These are $100 mil to $5 bil+ deals. 1 alone has a lot that goes with it. They're also working on other deals that no one wants to buy that never really gets them paid besides a retainer fee....

I had 2 IB offers post MBA. The culture is so bad, not just hours but how bosses are. Stereotypes are usually true. The 80 hours don't end 2 years in. They last until VP/SVP level at 35-40. Maybe 70 hours at 40 years old. Maybe 60-65 hours at 50. If you show up after your boss to work or leave befor...

The car engine thing is bullshite. Mechanics get paid sometimes six figures because it is a specialized field. No non-mechanic should ought to know how to fix his own car unless it's something like an oil change or antifreeze refill or inflate tires or swap batteries. If it's a cylinder gone out or s...