whatok

31 ms·

271.
by whatok 8y ago
The AUM of CLO CEFs are minuscule vs overall CLO market. The two highlighted in that article's graph have a combined AUM of less than $600mm while the overall CLO market has more than $600bn outstanding. CLOs are not being sold direc
272.
by whatok 8y ago
> A trader who doesn't seek higher gains is a shark that stops swimming and dies. There's no need to blame interest rates for this. Pension plans (including the Japanese one mentioned) have return targets that need to be met in
273.
by whatok 8y ago
Underwriting standards are definitely deteriorating and debt covenants are just crazy in some cases so in all likelihood, recoveries should be lower during this credit cycle. That said, a capital structure is a capital structure and loans
274.
by whatok 8y ago
I don't disagree that incentive structures drive poor long-term decisions but that's separate from "omg complex 100000 page prospectus". Misaligned perspectives exist whether there's a prospectus or not.
275.
by whatok 8y ago
These things are not sold to retail investors. If you're an institutional investor and don't know what you're investing in, that's on you.
276.
Two of Mark Zuckerberg’s most important executives are leaving Facebook(recode.net)
4 points by whatok 8y ago|0 comments
277.
by whatok 8y ago
https://www.justice.gov/usao-ma/investigations-college-admis... Has a list of people and indictments/etc that have been filed so far.
278.
by whatok 8y ago
I'd imagine lackluster pay and red tape eclipses this by far.
279.
by whatok 8y ago
I don't personally disagree with that but CEOs are the public face of a company and he's running an American company where there is still stigma against marijuana. It does not show good judgment on his part.
280.
by whatok 8y ago
I'd imagine that it probably is the last because most CEOs don't broadcast drug use in public.
281.
Elon Musk’s Security Clearance Under Review over Pot Use(bloomberg.com)
31 points by whatok 8y ago|47 comments
282.
by whatok 8y ago
Not talking about the specific investment; just the duration of it.
283.
by whatok 8y ago
Is this speculation or is there a source for his thinking behind this? It's very unlike a good portion of his investments.
284.
by whatok 8y ago
That idea really doesn't square with the initial investment made. What changed QoQ?
285.
by whatok 8y ago
https://electrek.co/2019/02/28/tesla-model-3-standard-batter...
286.
by whatok 8y ago
I don't understand your assertion here. Should private individuals not be able to invest/lend money to others?
287.
by whatok 8y ago
Advisory + securities/asset management divisions under a same business are firewalled/"Chinese wall"ed off and compliance is (usually) taken pretty seriously in that regard.
288.
by whatok 8y ago
It obviously could have gone either way but given how adamant politicians were on guaranteed union jobs and Amazon's refusal to entertain the idea, I don't know what they would have been able to meet in the middle on.
289.
by whatok 8y ago
How do you design a subsidy program that actually benefits everyone if one of the criteria is likability? The more grey areas you introduce into a program like this, the more cronyism and corruption kicks in which more than likely results i
290.
by whatok 8y ago
I still don't see your point. No one acts as if housing supply is a magical fix-all to affordability. Almost all housing issues in America are caused by multiple factors and New York is no different.
291.
by whatok 8y ago
Deblasio was also involved in the negotiations but yes, this is the real reason why this didn't go through. I can't imagine how much additional red tape would be tacked on if state and city legislators got involved in the process
292.
by whatok 8y ago
I really don't think it's fair to compare China's housing policies to the United States' policies as they couldn't be more different.
293.
by whatok 8y ago
Whether a company pays a dividend or not has no relevance to whether profit should matter to an investor. I'm not sure what you're trying to make a point about here. Additionally, I'm not sure what your point about "seco
294.
by whatok 8y ago
I'm not trying to shut anyone up. Please don't be rude. I'm wondering why all the blame is directed at Amazon when they sought to take advantage of (mostly) pre-existing programs. If the problem people have is with tax subsid
295.
by whatok 8y ago
There are a lot of vacancies and nearly unheard of concessions being thrown out there. A ridiculous amount of construction as well. If there's prolonged weakness, concessions eventually turn into rent decreases. https://ny.c
296.
by whatok 8y ago
No one opposing Amazon actually pieced out that portion of it as their reason for opposing it. Be honest. If the $500mm is the real beef with the whole thing then break it down vs jobs: $50mm/yr vs 25,000 jobs paying an average of $150
297.
by whatok 8y ago
Should New York get rid of all business tax incentives? A majority of that $3bn was from existing programs available to any qualifying business.
298.
by whatok 8y ago
New York definitely has an affordable housing issue but a vast over supply of luxury housing (a lot still going up to) that I'd imagine a good portion of these hires would be taking up.
299.
by whatok 8y ago
Sure, forecasts are forecasts but their tax incentives are not tied to their forecasts so what's the big deal?
300.
by whatok 8y ago
You've seen a few people reference this because it was in a widely circulated press release by the company itself. https://press.aboutamazon.com/news-releases/news-release-det... Third bullet under Amazon in Long

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