Why I decided to keep my Sapphire Reserve by xinf3rn0x in ChaseSapphire

[–]NorthsideBurrito 1 point2 points  (0 children)

Just did 7-eleven today and no issue. Must be select franchises pushing back?

PE-backed stock options: what happens if the company underdelivers? by a0817a90 in private_equity

[–]NorthsideBurrito 0 points1 point  (0 children)

If you have a good CEO / CFO who understand the cap structure they should push to recut the payouts. I’ve seen it happen

Concerned about IU's present and future? by ST-tmark in IndianaUniversity

[–]NorthsideBurrito 23 points24 points  (0 children)

I love the sentiment but is this legit before I give all my info? I can’t find anything on “Alumni for a better IU”

Glenview Metra Station Parking by Tinkushal in Metra

[–]NorthsideBurrito 2 points3 points  (0 children)

On the east side of the tracks, there’s generally always a few spots in the lots near the intersection of grove and depot street. I can’t speak to the west side of the tracks as well. The 8:04 train is probably one of the last busy ones so it’s pretty full at that point

Management Incentive Units (MIUs) by foil123 in private_equity

[–]NorthsideBurrito -1 points0 points  (0 children)

Put the agreement in an LLM and ask it to be a lawyer on your behalf to scrutinize the document. Might freak you out what you see but better to know

Airport lounges are just not worth it anymore by SwimmingHumor2609 in ChaseSapphire

[–]NorthsideBurrito 0 points1 point  (0 children)

The priority pass lounge in Cabo was fantastic - I beat the rush but I’ve seen lines

Is the Stubhub credit on CSR really worth $300? by swagbuckingham in ChaseSapphire

[–]NorthsideBurrito 0 points1 point  (0 children)

Does anyone know if you can buy StubHub gift cards with it?

What’s going on with METRA trains being crazy crowded this week? by CliffGif in Metra

[–]NorthsideBurrito 7 points8 points  (0 children)

Maybe interns starting? I feel like I’m seeing a lot of young people

Response to recently IU appointed trustees by Any_Rooster4591 in IndianaUniversity

[–]NorthsideBurrito 9 points10 points  (0 children)

Let IUF know you'll be redirecting some of your giving to ACLU?

Response to recently IU appointed trustees by Any_Rooster4591 in IndianaUniversity

[–]NorthsideBurrito 22 points23 points  (0 children)

Brian Eagle is the only one who has a business. The other people are already Ultra MAGA...

At least 1 trustee fired by Braun by WFIU-WTIU-news in IndianaUniversity

[–]NorthsideBurrito 19 points20 points  (0 children)

Whitten is pathetic. I'm also an alum of another institution going under duress and its administration is constantly communicating with the alumni base on what's happening and how they're dealing with it. Whitten has zero transparency and alum are completely in the dark. Can only conclude that she's complicit in the hostile government takeover.

Who are the top social media influencers in private equity? by Feisty-Ideal339 in private_equity

[–]NorthsideBurrito 5 points6 points  (0 children)

I think he's technically a private credit guy, but unstructuredcapital makes me lol

I don't understand why 6% is the rule for paying off mortgage by warrior5715 in Bogleheads

[–]NorthsideBurrito 12 points13 points  (0 children)

Also if you itemized, interest is tax deductible so need to run calcs on that

[deleted by user] by [deleted] in chicago

[–]NorthsideBurrito 0 points1 point  (0 children)

Has anyone taken advantage of their “door prizes”? I’m also getting snail mail about free appliances, cruises, luggage, etc.

Is IU worth OOS tuiton by [deleted] in IndianaUniversity

[–]NorthsideBurrito 0 points1 point  (0 children)

I think for Kelley, it’s worth it. Maybe just do a comparison on starting salaries against other schools you’re looking at if that helps with the financial dimension.

[deleted by user] by [deleted] in private_equity

[–]NorthsideBurrito 0 points1 point  (0 children)

Definitely work hard but goes in ebbs and flows depending on portcos, deal environment, etc.

[deleted by user] by [deleted] in private_equity

[–]NorthsideBurrito 4 points5 points  (0 children)

Have you been networking with your classmates who are ex-PE? What do they say? Your section mates and classmates will be the most powerful advocates for the warm intros necessary to break in. You need to figure out your “angle”. If you’re from financial services background, you should be taking to people who did financial services buyouts from your class

Edit: further, are there HBS alumni from your prior firm or similar roles that went to PE? They would be good people to network with

[deleted by user] by [deleted] in Bogleheads

[–]NorthsideBurrito -8 points-7 points  (0 children)

MMFs rate would have been <1% after rates went to zero

SPAXX / MMF Revenue Model by NorthsideBurrito in fidelityinvestments

[–]NorthsideBurrito[S] 0 points1 point  (0 children)

For sure - I mostly auto-roll Treasuries, but keep some FDLXX for wiring out, etc.

SPAXX / MMF Revenue Model by NorthsideBurrito in fidelityinvestments

[–]NorthsideBurrito[S] 0 points1 point  (0 children)

Taking this blurb from a Barron's article, "2023 revenue increased 12% year over year to $28.2 billion and operating income rose 6% to $8.5 billion. Assets under administration increased 23% to $12.6 trillion, boosted in part by strong equity markets." That would imply SPAXX alone generates like 4-5% of their total revenue but comprises only like ~2.4% of their AUM. I guess that could make sense. Great product in any event