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Vegas64

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Everything posted by Vegas64

  1. As others have said, that's not actually what Private Equity is or does. I mean, SOME do. The slash-and-burn firms that give the industry a bad name and maybe that is the problem-- laymen like you come to think of PE as the easy to digest narrative that non-banking American's can readily understand and have probably experienced (e.g. ToysRus, etc.) and so it becomes shorthand for all PE firms. Historically PE firms make money in a turn-around or in implementing whatever the individual PE's good at doing (e.g. Finance- cost takeouts, tightening up DSOs or O2C or whatever, Operations- automation, operational efficiencies, SKU rationalizations, fixing processes). It's supposed to be a win/win, everyone is happy and makes money-- the owners, the bank, the shareholders, the employees, the customers. On paper that's supposed to be how it works. Ultimately the goal is to take the risk, work without the pressure of the Street, and then have a positive exit. It doesn't always work and actually there is a bit of, I won't call it a crisis yet, but some strong headwinds in PE with the horrible M&A and IPO markets of the last few years. Inflation, interest rates and now tariffs are horrible for PE business. Bloomberg had a good article today actually how even PE is trying to get out of the PE business (or at least the equity part): https://www.bloomberg.com/news/articles/2025-03-19/private-equity-firms-are-getting-rid-of-their-equity
  2. I liked it. Like if ODB and Tyler the Creator had a baby who wanted to grow up and be more sensible and boring version of his parents.
  3. Compare Denzel in Gladiator II (oof) with this:
  4. Just saw this. I really enjoyed a lot of it. I think Adam Driver might be the best actor working, so I'll watch him in anything. Perfect casting for Caesar in this case, anyhow. Shia is another one of my favorites -- he was fantastic as well. Star studded cast in general (Dustin Hoffman sighting!), but the overall story felt choked by the alternate-reality-sci-fi-ness of it all. And maybe that was the point, the chaotic alternate reality, like a if cyber-punk + steam-punk had a baby with Ayn Rand with a hint of Shakespeare. Juxtapose that with the other Roman movie I saw recently, Gladiator II, and I like Megalopolis much better. Those two movies have a venn diagram connection not of just being Roman history-oriented, but also each having an actor who was much, much better served in Joel Coen's The Tragedy of Macbeth (2021) (Kathryn Hunter -- Cicero's wife, and Denzel -- MacBeth).
  5. Is that the place the really cool and hip people were standing in the rain in a line like it was Franklin’s or something?
  6. Just a beautiful, historic and amazingly unique city. Had an awesome time galavanting around Nob Hill and Tenderloin. I did see a drug deal on Geary and Leavenworth though. No city in the world like it. Highlights for me was visiting the Full House Victorian and the dinner at Morton’s Steakhouse in Union Square!
  7. Like the Texas Biggie Smalls.
  8. OT keeps gaining weight. Guess that means he's eating.
  9. What's crazy to me from an outside observer, Snowflake was written off for dead and Databricks was the hot new cool thing everyone loved and was going to set the new PR IPO record that Snowflake set, and then quietly Snowflake has been on an amazing, lowkey run. Their numbers are great and earnings are great and stock is doing well. Meanwhile Databricks is hiring everyone under the sun and growing so large and fast they are a Series G or H or whatever private "startup" bigger than most public tech companies. I have friends who joined 2 years ago that said the 2 years ago they joined they felt about 2 more years late to the party (in terms of equity, buzziness, blowing out comp with bonuses, etc.). @Dbeasy your family members mileage may vary.
  10. Crazy to think that in two weeks, this thread is 4 years old. I'm not going to go back 151 pages, but I'm sure there were people who were adamant and obstinate in drinking the koolaid fed to them and used the term "transitory" a hundred times. If that applies to you, slap yourself in the face.
  11. Alanis Morissette alert. Brazil mows down 8 miles of it's amazon rainforest in order to make transportation easier for all the traffic it's expecting....for the climate change conference it's hosting (COP 30). Amazon forest felled to build road for climate summit
  12. Wait so the mole employee was the father of the CEO of the competitor? Seems like that would have been a huge red flag before all the other red flags.
  13. Just saw Glad II. Oof. Jar jar Baboonks.
  14. Look kemosabe, much like the lunatic on the corner screaming the end is near, believe whatever you want, while everyone ignores your craziness.
  15. I don’t even know what this means and I’m afraid to ask.
  16. I wonder if Georgia is going down the Texas path of selectivity, in that because of the Hope Scholarship and basically making UGA free for Georgia kids, there are less spots for out of state kids.
  17. Generally I think you are overreacting but I do have to agree that was the lowest point in a low season. Oof.
  18. Oh come on. Don’t put that evil on me Ricky Bobby just because you don’t like the comment. I’m not saying Europe should not buy Russian fuel and let their citizens freeze to death. I’m saying what brisket said— it was wildly irresponsible in hindsight. Hindsight to be fair that’s 20/20.
  19. Most American's can't even name 5 Canadian provinces. I tried earlier this week and could only name 7.
  20. That would be amazing actually. And as you said, the rich can't avoid it, even better!
  21. This is where I'm at. Does that mean we get a Jan 6 redux? Maybe. But either way, power will be passed.
  22. This is WILD to me. Europe really outsourced their way into this trouble and now faces a huge mountain to bring capabilities back "in house". This is like paying for a body guard to protect your little bother from the bully beating them up but then you are paying for the costs to keep the bully beating up your brother. Insane. Bad optics. Sad state of affairs. You name it. https://energyandcleanair.org/publication/eu-imports-of-russian-fossil-fuels-in-third-year-of-invasion-surpass-financial-aid-sent-to-ukraine/
  23. The Tennessee guy with the poop colored dreds reminds me of this everytime they say his name:
  24. Amazon Blazer is a good band name for a wedding singer for poor people. Also, you and Helobious should trade notes on shopping for clothing based on Amazon Prime deals. I hear he gets his gold chains and black tees there.
  25. If you were more enterprising, you would have made an absolute killing yourself selling trade paperbacks to the masses. The male Colleen Hoover. I bet you'd have a huge following because...well...America.
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