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- Small Bay Friday - August 9, 2024
Small Bay Friday - August 9, 2024
Ledecky balances the milk. Brokers during birth. Chuck and Walter own the seas. Buffett holds more T-Bills than JPow. Basis is forever.
Every Friday is worth celebrating.
This is Small Bay Friday, and we give your mind a break from the mundane. Here are 5 things we found interesting or hilarious this week.
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Off we go!
WINNING GOLD, NOT SPILLING A DROP
Katie Ledecky balancing a glass of chocolate milk on her head while swimming is more impressive than her seven Olympic gold medals
— Today Years Old (@todayyearsoldig)
9:31 PM • Jul 31, 2024
HUSTLE HARDER
Have to admire the dedication of #cre brokers.
— Justin Ryder, CCIM (@jt_ryder)
4:54 PM • Jul 30, 2024
SEA POWER
Military experts later confirmed that Chuck Norris and Walter Payton together on the same boat was temporarily the world’s fourth-strongest navy.
— Super 70s Sports (@Super70sSports)
4:57 PM • Aug 3, 2024
The first Superbowl I remember was Bears v. Patriots in ‘86. Walter Payton was the star RB and drew all the defense, allowing 6 other Bears to score. Including William “The Refrigerator” Perry. And of course, Ditka.
HE KNEW IT WAS COMING
Warren Buffett and Berkshire Hathaway now own 4% of all T-Bills issued to the public…
Buffett has ~$277 Billion.
The Fed has $195 Billion.Warren Buffett is now a larger holder of US Treasury Bills than the Federal Reserve.
— Geiger Capital (@Geiger_Capital)
9:51 PM • Aug 3, 2024
Last week’s timeline: the Fed held rates steady, ISM and employment both came in low, Japan hiked 25 bps and unwound the carry trade, markets puked. In advance of all of it, Buffett was trimming his BOA and AAPL holdings all quarter. He doesn’t miss.
BASIS IS FOREVER
Two types of CRE buyers:
Cap Rate 🧮 / Price Per Sq Ft 📐
— Adam H. Klein | Selling CRE in Florida (@AdamKleinROI)
12:04 AM • Aug 3, 2024
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