A Home For Bruce

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Doctor X
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Re: A Home For Bruce

Post by Doctor X » Sun Jan 13, 2019 9:59 am

What happens when a dam breaks.

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Anaxagoras
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Re: A Home For Bruce

Post by Anaxagoras » Sun Jan 13, 2019 11:52 am

They use your mom to plug it.
A fool thinks himself to be wise, but a wise man knows himself to be a fool.
William Shakespeare

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Abdul Alhazred
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Re: A Home For Bruce

Post by Abdul Alhazred » Sun Jan 13, 2019 11:59 am

Is that a real housing development? :o
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Doctor X
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Re: A Home For Bruce

Post by Doctor X » Sun Jan 13, 2019 12:03 pm

Anaxagoras wrote:
Sun Jan 13, 2019 11:52 am
They use your mom to plug it.
She is a leaky dyke.

--J.D.
Mob of the Mean: Free beanie, cattle-prod and Charley Fan Club!
"Doctor X is just treating you the way he treats everyone--as subhuman crap too dumb to breathe in after you breathe out."--Don
DocX: FTW.--sparks
"Doctor X wins again."--Pyrrho
"Never sorry to make a racist Fucktard cry."--His Humble MagNIfIcence
"It was the criticisms of Doc X, actually, that let me see more clearly how far the hypocrisy had gone."--clarsct
"I'd leave it up to Doctor X who has been a benevolent tyrant so far."--Grammatron
"Indeed you are a river to your people.
Shit. That's going to end up in your sig."--Pyrrho
"Try a twelve step program and accept Doctor X as your High Power."--asthmatic camel
"just like Doc X said." --gnome

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Witness
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Re: A Home For Bruce

Post by Witness » Mon Jan 14, 2019 5:24 am

Abdul Alhazred wrote:
Sun Jan 13, 2019 11:59 am
Is that a real housing development? :o
Turkey, for rich Middle Easterners (went bust).


How about a nice lighthouse in Michigan?

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Bruce
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Re: A Home For Bruce

Post by Bruce » Tue Jan 15, 2019 2:57 am

8) Ice Shield activated!
Such potential!

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Witness
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Re: A Home For Bruce

Post by Witness » Wed Jan 16, 2019 3:00 am

Image

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Witness
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Re: A Home For Bruce

Post by Witness » Sat Jan 19, 2019 5:32 am

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Witness
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Re: A Home For Bruce

Post by Witness » Wed Jan 30, 2019 1:15 am

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Rob Lister
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Re: A Home For Bruce

Post by Rob Lister » Wed Jan 30, 2019 1:55 am

too far south

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Bruce
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Re: A Home For Bruce

Post by Bruce » Thu Jan 31, 2019 3:00 am

Bah. You're only too far south when there's nowhere left to go but north.
Such potential!

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Witness
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Re: A Home For Bruce

Post by Witness » Thu Jan 31, 2019 3:06 am

For sale ("Bubble palast", most expensive real estate in Europe, or so they say):

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Could go in the UFO thread… :mrgreen:

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Abdul Alhazred
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Re: A Home For Bruce

Post by Abdul Alhazred » Thu Jan 31, 2019 11:54 am

Hmm ...

https://www.smithjournal.com.au/blogs/d ... nts-to-buy
In today’s challenging property market, spare a thought for nonagenarian fashion designer Pierre Cardin, who just can’t seem to offload his Côte d’Azur holiday home, the ‘Bubble Palace’ (Palais Bulles). Two years after the curvaceous compound was first listed, it’s still for sale.
Maybe he's asking too high a price?

However it's still expensive real estate no matter what (location location location), so I'd say ripe for redevelopment.
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Grammatron
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Re: A Home For Bruce

Post by Grammatron » Thu Jan 31, 2019 10:08 pm

Of course it's too high a price.

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Witness
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Re: A Home For Bruce

Post by Witness » Sat Feb 02, 2019 3:01 am

Image

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Anaxagoras
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Re: A Home For Bruce

Post by Anaxagoras » Wed Feb 06, 2019 2:41 am

Grammatron wrote:
Thu Jan 31, 2019 10:08 pm
Of course it's too high a price.
Speaking of overpriced real estate:

An Empty Lot Above Beverly Hills Is the Most Expensive Real Estate in the World

Asking price is $1 billion. Not even a building, just an empty plot of land. Probably prone to fires too by the look of it.

If I put my home on the market with an asking price of $2 billion would that make it "the Most Expensive Real Estate in the World"? Never mind that the asking price is ridiculous.

I feel like this category should only include actual transactions. IOW, it becomes "the Most Expensive Real Estate" if and when a buyer and a seller actually agree on a price and a sale occurs.

Anyway, this was recently in the news:
Ken Griffin's $238-Million NYC Penthouse Is the Most Expensive Home in America

This one counts because, yes, he actually paid that price. He's a hedge fund manager.

Sometimes I understand why people like Bernie Sanders and AOC can get some political traction in this country.
he penthouse at 220 Central Park South that billionaire Ken Griffin bought last week may not have been the most expensive listing in the world (that honor goes to an empty lot above Beverly Hills), but at $238 million it set a record for the most anyone has ever paid for a home in the United States.

At 953 feet, the 79-story tower stands out along the Central Park South skyline. Griffin's penthouse—a combination of two units—encompasses approximately 24,000 square feet, according to the Wall Street Journal. The $238-million price tag dwarfs the previous record of $137 million, which hedge-fund manager Barry Rosenstein reportedly paid for a home in East Hampton.
Besides, the guy owns a $122 million mansion in London and $60 million dollar condos in Miami and Chicago.

The previous record was also another hedge fund guy.
A fool thinks himself to be wise, but a wise man knows himself to be a fool.
William Shakespeare

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Grammatron
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Re: A Home For Bruce

Post by Grammatron » Wed Feb 06, 2019 7:25 am

Anaxagoras wrote:
Wed Feb 06, 2019 2:41 am
Ken Griffin's $238-Million NYC Penthouse Is the Most Expensive Home in America
Sometimes I understand why people like Bernie Sanders and AOC can get some political traction in this country.
https://en.wikipedia.org/wiki/Kenneth_C._Griffin
At the beginning of 2014, Griffin made a $150 million donation to the financial aid program at Harvard University, his alma mater, the largest single donation ever made to the institution at the time,[8][9] and his donations to various organizations and causes have totaled about $700 million.
Someone should definitely stop people like Griffin.

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Anaxagoras
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Re: A Home For Bruce

Post by Anaxagoras » Wed Feb 06, 2019 8:03 am

Grammatron wrote:
Wed Feb 06, 2019 7:25 am
Anaxagoras wrote:
Wed Feb 06, 2019 2:41 am
Ken Griffin's $238-Million NYC Penthouse Is the Most Expensive Home in America
Sometimes I understand why people like Bernie Sanders and AOC can get some political traction in this country.
https://en.wikipedia.org/wiki/Kenneth_C._Griffin
At the beginning of 2014, Griffin made a $150 million donation to the financial aid program at Harvard University, his alma mater, the largest single donation ever made to the institution at the time,[8][9] and his donations to various organizations and causes have totaled about $700 million.
Someone should definitely stop people like Griffin.
Well that's swell and all, but he has a net worth of $9.9 billion according to the same article. Not sure if that's before or after you subtract his philanthropic contributions. Either way, am I supposed to see that as especially generous?

So Griffen runs a hedge fund that has made him a very wealthy man. Almost $10 billion.
Hedge funds typically charge investors 2 and 20
Two and twenty is a compensation structure that hedge fund managers typically employ in which part of compensation is performance-based. More specifically, this phrase refers to how hedge fund managers charge a flat 2% of total asset value as a management fee and an additional 20% of any profits earned.
Another man named Jack Bogle recently passed away. He invented the index fund. He died with a net worth of $80 million.
https://en.wikipedia.org/wiki/John_C._Bogle

Index funds charge very low management fees compared to hedge. Typically just a few basis points. In the long run the difference in fees and the fact that hedge fund managers aren't really as prescient as they think they are, or that the fees they charge could justify, means that a simple index fund with low management fees is probably your best long-term investment.

Even Warren Buffet thinks so:
https://www.bbc.com/news/business-40189970
A fool thinks himself to be wise, but a wise man knows himself to be a fool.
William Shakespeare

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Grammatron
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Re: A Home For Bruce

Post by Grammatron » Wed Feb 06, 2019 8:14 am

Anaxagoras wrote:
Wed Feb 06, 2019 8:03 am
Grammatron wrote:
Wed Feb 06, 2019 7:25 am
Anaxagoras wrote:
Wed Feb 06, 2019 2:41 am
Ken Griffin's $238-Million NYC Penthouse Is the Most Expensive Home in America
Sometimes I understand why people like Bernie Sanders and AOC can get some political traction in this country.
https://en.wikipedia.org/wiki/Kenneth_C._Griffin
At the beginning of 2014, Griffin made a $150 million donation to the financial aid program at Harvard University, his alma mater, the largest single donation ever made to the institution at the time,[8][9] and his donations to various organizations and causes have totaled about $700 million.
Someone should definitely stop people like Griffin.
Well that's swell and all, but he has a net worth of $9.9 billion according to the same article. Not sure if that's before or after you subtract his philanthropic contributions. Either way, am I supposed to see that as especially generous?
Nah let's eat him.

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Anaxagoras
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Re: A Home For Bruce

Post by Anaxagoras » Wed Feb 06, 2019 10:53 am

I don't want to eat him, I just think he can afford to pay higher taxes.
A fool thinks himself to be wise, but a wise man knows himself to be a fool.
William Shakespeare