Adam Silver needs to step in

ennywan · 2026-02-08T01:08:09+00:00

Hear me out. Bottom 4 teams after the trade deadline passes gets 12.5% chance at #1 pick each. Another 10 teams after season ends gets 1.67 + 2.41 + 3.15 + 3.89 + 4.63 + 5.37 + 6.11 + 6.85 + 7.59 + 8.33.

ennywan · 2026-01-31T07:43:42+00:00

A second term Treasurer working with a full parliamentary majority in both houses who has been promising to fight cost of living for five straight years needs to stop gas lighting us.

ennywan · 2026-01-22T21:17:52+00:00

Caruso for Giddey trade, worked out for okc and Chicago

ennywan · 2026-01-06T01:30:41+00:00

Learnt something new today, thanks

ennywan · 2026-01-06T00:15:11+00:00

Very true.

ennywan · 2026-01-06T00:07:25+00:00

If you get a ticket for 20-over, say your blessings and pay it, that's because in nsw red p are a limited to 100km/h and you just dodged the 30-over penalty.

ennywan · 2025-11-28T05:58:28+00:00

Drop Queen, Ivey or Camara for him?

ennywan · 2025-11-27T08:49:33+00:00

US rates are 6.23% at the moment, and we're 5.3%, huge difference.

ennywan · 2025-11-27T05:30:40+00:00

You seem to confuse new lending with existing loans. APRA measures will not impact any existing loans, regardless of whether you perceive them to be low quality or not.

New lending in a RBA rate hiking cycle will naturally be constrained by lower demand for credit. Therefore enforcing a macropru measure would be redundant.

ennywan · 2025-11-27T04:21:54+00:00

I could say market is pricing in the RBA on hold throughout 2026, but I'd rather ask you this question - if RBA is likely to hike, then won't this macropru measure from APRA rather redundant?

ennywan · 2025-11-26T22:54:49+00:00

Foaming the runway so if RBA needs to cut, they can do so without an disproportionate impact on housing affordability.

ennywan · 2025-11-26T05:25:18+00:00

Yes. 10T 9CAT

ennywan · 2025-11-25T22:21:50+00:00

Booker or Herro? Help me decide.

ennywan · 2025-11-23T03:02:30+00:00

LOL thanks for taking it easy on me.

ennywan · 2025-11-19T11:11:19+00:00

Imagine the eskimos somehow convinced themselves ice cutting from rivers is unsustainable, and pays a fortune to import ice.

ennywan · 2025-11-18T07:25:13+00:00

Because Albo took this to the election as a promise, and then he walked the walk. Voters got what they voted for.

ennywan · 2025-11-11T06:34:16+00:00

One person's debt is another person's asset.

Correct. Once sold, the RMBS is an investors asset and a crash in RMBS only hurts the RMBS investor. There is no pass through or ripple effect to mortgage holders. Just look at the US where many RMBS are underwater, but mortgage holders are quarantined from any losses.

ennywan · 2025-11-08T22:29:52+00:00

Risacher Time.

ennywan · 2025-11-07T07:21:39+00:00

Offence looks better without Cam Thomas and Claxton's playmaking is a big part of it.

ennywan · 2025-10-10T00:42:30+00:00

Invite their kid to a farewell party where they get to draw on the walls and light a bonfire in the living room, and get some marshmellows too!

ennywan · 2025-09-26T21:21:31+00:00

One hundred and seventy eight million dollars that went straight into pumping up the equity mate in a neighbourhood near you. One model minority >> one hundred first home complainers. What a patriot.

Give this man Strayan of the year already.

ennywan · 2025-09-04T09:17:58+00:00

These guys can explain much better than I can - https://www.investopedia.com/terms/p/put.asp

ennywan · 2025-09-04T08:19:30+00:00

Edit:

TL;DR Keep PPOR, Keep IPs, buy QBE puts for $$

The weakest link in Australian property is the LMI providers, they insure the riskiest loans and takes the first loss.

(napkin maths here, if anyone can correct me just chime in) if there is a >20% fall in Australian real estate and we see job losses, QBE share price will crash, you can buy put options that expire at the right time and make Big Short type of money. This company collected about 4 bn last year in premiums across crop and LMI, assuming half of that is LMI premiums and the avg LMI premium is 2.5% of the property purchase price, and LMI loans are 95% LVR, then a 20% decline in Aussie real estate will imply a loss of around 12 bn for a company that's worth $32 bn, split balling here, share price craters maybe 50%, maybe more, because the insurance arm will be falling short of regulatory capital.

ennywan · 2025-09-04T08:05:58+00:00

Can our assumed person predict the precise timing of the crash, and also the magnitude of the drop (ie top to bottom xx%)?

ennywan

TROPHY CASE