Sold half to cover my cost, house $ now lol…

Oh…there are souls! 😂

Indeed, learned that the hard way with $BSM a few years back lol…

Was going to say I just learned this yesterday, thought there was IRS look through like with UBIT there

We’d watch this in our office multiple times a day, it only gets funnier with each viewing…there’s another floating around out there of him doing an ad for frozen peas…also awesome

And just like that, CMB.Tech went belly up a year later…and Fredriksen bought back everything at 10 cents on the euro as he always does…

Also, people will actually move out of studios eventually, whereas you’ll never shake someone out of a 3br (assuming rent controlled city)

Let’s say my family has $100MM, at what point in time do I decide to lose all common sense and move from an equity/fixed income/real estate portfolio to a bunch of illiquid high fee & due to ultimately fail PE and VC crap?

Is it the parties & box seats? Hookers & blow?
Tell me…