Rosyfinchboy21

re: Research Thread- Space Edition

Posted by Rosyfinchboy21 on 8/6/21 at 1:23 pm to Who_Dat_Tiger

You can think about SPACs as a publicly-traded private equity fund looking to acquire a single company. The only asset a SPAC has on their balance sheet is the cash it raises in the IPO. Standard practice for a SPAC is to offer units to investors at $10/share at listing, and this cash is deposited into a trust until effecting a transaction. Without the ability to generate any cash flow, you'd expect a SPAC to trade at NAV, which is why they typically trade at $10.

SPAC-mania caused many high-profile SPACs to dislodge from NAV as more investors wanted access to the SPAC than existing investors wanted to sell. If you believed the SPAC management team had a unique path to acquiring a big winner, perhaps the premium could be warranted.

re: Can I avoid capital gains on the sale of my rental property?

Posted by Rosyfinchboy21 on 8/6/21 at 1:00 pm to Seaux_cal_tiger

Have you thought about a refi cash-out instead of selling? Take advantage of the low rates and pull out some equity for a down payment

re: Crypto companies high APY

Posted by Rosyfinchboy21 on 8/6/21 at 12:55 pm to rocket31

BlockFi is backed by the likes of Susquehanna, Bain Cap, Tiger Global, and SoFi. In my mind they're the most reputable firm with the least left-tail risk, but the rates are compressed a bit compared to the others. Celsius / Voyager juice their returns by issuing their own tokens. Not a sustainable model in the long run but hey, get it while the getting's good

re: Buy a house rite now or wait a bit longer?

Posted by Rosyfinchboy21 on 8/6/21 at 10:33 am to tigersint

The rapid price appreciation may slow, but I don't believe a correction is likely. The fundamentals are strong. We can speculate on rate hikes, but how much will a 25 - 100 bps increase in rates in 2023 really affect housing prices benchmarked to today (especially if inflation continues at 5%+ until then)? The shortage of housing inventory is real, and even if raw material costs continue to decline the U.S. will need to build ~30% more houses annually than the long term average to close the gap in a decade (unlikely, especially with an increasingly stringent permitting process). Additionally, the 10 most populous ages in the U.S. according to the 2020 census are 25-35, prime home buying age.

re: This is how coronavirus made its way to NOLA

Posted by Rosyfinchboy21 on 2/18/20 at 9:00 pm to Federal Tiger

wtf did I just watch

re: Google's ability to track you

Posted by Rosyfinchboy21 on 2/13/20 at 5:05 pm to Ostrich

The issue is that it is his device that he fairly paid for. The company has been compensated for providing the device through the transaction. If Google had given him the device for free and subsidized the cost by monetizing data, there would not be a problem. Imagine buying your house, but the former owner could still rent it out to whoever, whenever?

I'm all for small government, but the extent that Big Tech is able to monetize your data is scary. You should have a say about which of your data is monetized, and you should receive royalties for it. Your data is your personal property.

re: Would you take $50 million tax free or $2 million/year tax free for life

Posted by Rosyfinchboy21 on 2/13/20 at 4:14 pm to TechDawg2007

Kind of surprised all these OT ballers dont understand TVM

re: Disney raises prices to $200 per day?

Posted by Rosyfinchboy21 on 2/13/20 at 4:08 pm to OweO

Um.. Have you heard of Marvel?

re: What’s your go to SUV/truck tire?

Posted by Rosyfinchboy21 on 2/13/20 at 4:06 pm to cassopher

Falken AT3Ws are a solid performer without a crazy price tag

Google's ability to track you

Posted by Rosyfinchboy21 on 2/13/20 at 3:58 pm

It's crazy what these tech companies are able to track. Per the WSJ:

quote:
WASHINGTON—Kenneth Glueck took a road trip to Durham, N.C., a few years ago hoping to prove Google was peering far deeper into the personal lives of consumers than they realized.

He purchased a new mobile phone with Google’s Android operating system, put it in airplane mode, disabled the WiFi and stuck it in the glove compartment of his pickup truck.

During the weekend trip, his phone tracked not just his route and destination, but reams of valuable data, such as barometric pressure that could determine what floor of a shopping mall he was on. When he connected to the internet three days later, the phone sent a catalog of its travels back to Google. He shared his results with federal lawmakers who were drafting privacy legislation, now pending, that could restrict tech giants’ ability to use such consumer information to sell advertising.

LINK

re: Your go-to hat?

Posted by Rosyfinchboy21 on 2/10/20 at 2:49 pm to OweO

:pimp:

re: Saturday Down South ranks SEC football uniforms

Posted by Rosyfinchboy21 on 2/7/20 at 1:00 pm to xiv

Sure, blue-orange are complementary. Auburn does it well. Forida's blue and orange are just garish.

Tiger Rant

re: Where is your favorite place to travel to by car?

Posted by Rosyfinchboy21 on 2/7/20 at 10:46 am to NolaTiger52

Duck Blind
Grand Isle

re: Saturday Down South ranks SEC football uniforms

Posted by Rosyfinchboy21 on 2/7/20 at 10:30 am to GeauxCali

1. LSU
2. Auburn
3. A&M
4. Georgia
5. Ole Miss
6. South Carolina
7. Alabama
8. Mississippi State
9. Florida
10. Arkansas
11. Tennessee
12. Vandy
13. Kentucky

130. Mizzou

Tiger Rant

re: What's The Most Unsettling Dream You've Ever Had?

Posted by Rosyfinchboy21 on 2/6/20 at 1:47 pm to pioneerbasketball

I had a dream that I was being tortured by people dripping acid on my forehead - chinese water torture style.

I woke up and there was a wasp stinging me on my forehead.

re: Five deadliest cities in the US.

Posted by Rosyfinchboy21 on 2/5/20 at 2:44 pm to SEClint

That's behind Swamp Daddy's off of MacArthur Dr. Bad news back behind there. People used to say that Levin St back there had the highest murder rate of any street in the state.