Your points on $DLR are very valid but if you’re expecting REIT mafia shareholders to re-rate stocks based on a normalized post depreciation or capex EPS you’ll die of old age first @WallStCynic
Sure, why shouldn’t a no growth, low return business trade at 13x revenues, or over 200x EPS…?! With a $73B TEV. $DLR
This company is in trouble bc their ROA < WACC but regardless of GAAP metrics isn’t it the model of any type of developer/originator to cash out refi their full origination spend with non recourse debt and own equity residual cash flows for no basis?
Phil retweeted
This is Nav Bhatia. You're going to see a lot of him waving his towel on TV.
He's 67 years old and still cheers louder than your teenage nephew. If you've ever been to a Raps game, you can't miss him.
But here’s what most people don’t know:
Phil retweeted
There’s new CDC data out about gun deaths in America. Last year saw the most gun deaths in 40 years, nearly 40,000 people. What is wrong with us? This is not a problem we should have at all, let alone one that’s getting worse.
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Your occasional reminder that this will all end with the revelation that Trump built his business by laundering money for the Russian mob.
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CUP TOUR!
Ovechkin and team walking through the MGM
@nbcwashington
Phil retweeted
Jonathan Smith, 30, saved ~30 people last night before he was shot in the neck. He might live w/the bullet for rest of his life. #vegasstrip
Phil retweeted
RIP Facts. xitter.cf/BostonJerry/status/857…
Phil retweeted
SEE IT: New Yorkers gather for a mock vigil at Bowling Green in Manhattan for 'massacre' victims nydn.us/2kqYdDT
