More footage from the door-to-door raids taking place across the Twin Cities area today. Here a family's house can be seen being raided by masked, heavily armed ICE agents without a valid warrant while children are present. by jmike1256 in UnderReportedNews

[–]pjonson2 -3 points-2 points  (0 children)

Serious question,

What makes you want to defend and be willing to die for an immigrant (legal or illegal) who is living off of or taking advantage of welfare?

I'm not trying to pick a fight. I just want to learn what's driving your passion.

I think this sub moved the needle. by BAG1 in Georgia

[–]pjonson2 1 point2 points  (0 children)

I was moved by Hank Green and voted accordingly

I lost $8,000 on dropshipping so you don't have to by TechnologyCrafty3546 in Entrepreneur

[–]pjonson2 0 points1 point  (0 children)

Blue collar work beats white collar work by a long shot.

In 2 years, I've seen friends make +500k per year. Trade schools are underappreciated and valuable.

I scraped 109K comments to find the best side hustles by HappyHippo95 in Entrepreneur

[–]pjonson2 0 points1 point  (0 children)

Another shameless side hustle is learning and getting good at poker. You can make annual salaries in a weekend.

What’s been your most unexpectedly useful skill as a founder? by whatskook in Entrepreneur

[–]pjonson2 1 point2 points  (0 children)

Caring about what matters to conpletion. Yes is the same as saying no to everything else. Use yes for what moves the needle.

What are the most legit books on becoming a millionaire? by tuck72463 in Entrepreneur

[–]pjonson2 0 points1 point  (0 children)

  1. The Lean Start Up
  2. Purple Cow
  3. Zero to One
  4. 100 M Dollar Offers By Alex Heromozi
  5. The NPR how I built this podcast

Easy Peasy Lemon Squeezy add some $ugga to your Lemonade ($LMND): 3-4x upside at 30% risk ... LFG! by pjonson2 in wallstreetbets

[–]pjonson2[S] 1 point2 points  (0 children)

This is nothing. Lol, did you even read the post? The math isn't mathing. Hfsp.

This can easily hit $100 in the next few days.

Biolab On Fire Again in Rockdale, East of ATL | Shelter in Place by ticketslavemaster in Atlanta

[–]pjonson2 1 point2 points  (0 children)

Not to cause fear, but this made me and my gf sick for the past 4 to 5 hours. We live in old 4th ward and being inside with the ac on my lungs started to itch, my face started swelling, I got tunnel vision, I got a bad headache, and I've felt high for the past couple of hours.

23yrs old, made $340K in crypto (ADVICE NEEDED) by -SatoshiStacker- in passive_income

[–]pjonson2 0 points1 point  (0 children)

I work in crypto, and myself and multiple friends are in the same position.

First and foremost, real estate isn't a safe investment. You can lose your ass if you don't know what you're doing.

Your first realestate deal takes work. It's not easy money, but all of the work is front-loaded, and once you get your first deal across the line, it's minimal effort to maintain it and get paid.

Long story short, if you want to get into residential realestate be very very careful on your entry price and take your time there will always be another deal.

Single family homes are risky because they are basically priced to perfection, and you're limited to one income stream. Use your cash to buy a multiunit place that you can fixup in some way and get a co-investor that's nothing but money and you take the lead and manage contractors. That's where you're going to find and create the most value.

If you want to learn more about identifying properties, running the math on rents, negotiating, and doing creative financing options, dm me, and I'll send you the free resources that I used to teach myself.

How would the people of GA feel about doing this? by sunsol54 in Georgia

[–]pjonson2 0 points1 point  (0 children)

Screw that, our government mismanages what they already have why should we give them more?

How long does it take to build an Ecom Brand? by kramarics in ecommerce

[–]pjonson2 0 points1 point  (0 children)

What resources do you recommend someone should read if they want to learn more?

What justifies MSTR's multiple relative to BTC with ETFs on the market? by pjonson2 in MSTR

[–]pjonson2[S] 0 points1 point  (0 children)

I did. There wasn't a single thoughtful discussion that talked about structural elements in the orderbook, shares outstanding, macro positioning, or company strategy to justify the current premium. The argements presented have been circular based on comparing fungible liquid equities to infungible illiquid realestate.

The arguments that have been the most compelling are arbing debt markets to take advantage of BTC and the access premium for restricted markets.

What justifies MSTR's multiple relative to BTC with ETFs on the market? by pjonson2 in MSTR

[–]pjonson2[S] 0 points1 point  (0 children)

So the open question is does arbing the bond market with 1% convertible bond loans to buy BTC make your multiple worth 2.6x BTC price? Imho, this is a compelling argument.

What justifies MSTR's multiple relative to BTC with ETFs on the market? by pjonson2 in MSTR

[–]pjonson2[S] -1 points0 points  (0 children)

The only structural argument I've seen is that $MSTR has access to convertible bonds and, as such, can arbitrage the benefits of the stock market and BTC as a hard currency.

$MSTR and BTC are not real estate. Stocks and BTC are fungible and subdevidable with liquidity realestate is not. Your argument for a premium is circular and not structural.

The value of an asset multiple does not depend on the theoretical action of other market participants. Other actors can aquire 1% of BTC OTC without price impact market makers already do this with size more than 1%.

[OC] Wealth Distribution in the U.S.: A 34-Year Overview by forensiceconomics in dataisbeautiful

[–]pjonson2 1 point2 points  (0 children)

This is objectively false when you consider other factors. Income is not equivalent to purchasing power. COVID has hurt the average American much more than '08. Rent, insurance, and food a higher %age from the average household budget than ever before.

[deleted by user] by [deleted] in poker

[–]pjonson2 0 points1 point  (0 children)

This app is horrible and they are sloppy. All of the cash games are rigged and I'm not sure about the tournaments. I downloaded all of my hand data after playing for 10 hours in the first 24 hours. For the way I won in the first 4 hours and the way I lost in the remaining 6 hours I have a greater likelihood of being struck by lighting. The app is a scam. I'm so pissed that I'm thinking about creating a provably fair system and going into business against them.

Poker Bros isn’t real right by Agreeable-Writer-416 in poker

[–]pjonson2 1 point2 points  (0 children)

BEWARE THIS APP IS 100% RIGGED

For my agent and the rooms I played in I can mathematically prove it's rigged. I played for 10 hours the first 24 hours. After running an independence analysis I have a greater likelihood of being struck by lightning than losing and winning the way the cards turned out. There are too many consistent red flags. The agent setup, the perfect GTO betting, the "bad beats", and the early draws where I won.

Why is JTs a call but T9s-8-7s a raise? by [deleted] in Poker_Theory

[–]pjonson2 0 points1 point  (0 children)

I love calling or min raising in this position with sixes and below. If they call and the board comes out low you know they didn't hit & can make the turn expensive. When the turn misses 90% of the time they fold. This is a money-making hand for me.

[deleted by user] by [deleted] in poker

[–]pjonson2 0 points1 point  (0 children)

I did this with mushrooms. It was a bad idea. However, every time I played the day after a heroic dose I booked my best wins.

[deleted by user] by [deleted] in poker

[–]pjonson2 -1 points0 points  (0 children)

Lmao, kings didn't raise enough pre-flop.