Snapshot · All-In with Chamath, Jason, Sacks & Friedberg
Loeb shorted homebuilders on the thesis that the industry was the last to still be suffering a post-COVID inventory and pricing hangover while being structurally impaired by hidden land-pool commitments.
China is buying only 25% of the soybeans it purchased from the US under the Biden administration, undercutting Trump's trade victory claims.
Trump's touted Boeing jet deal with China is stalled because Beijing is demanding parts and service guarantees to guard against future US export restrictions.
Concorde operators discovered passengers assumed ticket prices were far higher than they were, and simply raised prices to match those expectations, turning the route profitable.
Despite Trump's celebratory claims after his China visit, Xi Jinping only committed to purchasing roughly one quarter of the Boeing jets previously promised.
Brian Waters scaled from zero to 20 rental properties in just five years while working full-time as a firefighter in California.
Brian added 6 new rental properties in the last 6 months, all while working full-time, coaching football, and raising twin boys.
Brian's buy box targets properties priced between $70,000 and $80,000 in the Detroit and Memphis markets.
Full renovations including new roof, windows, HVAC, LVP flooring, and kitchen cost approximately $40,000 in the Detroit market.
Brian's Detroit BRRRRs appraise at around $170,000 on an all-in cost of $130,000, generating $40K–$60K in equity per deal.
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