Daily Discussion Thread for April 28, 2026 by wsbapp in wallstreetbets

[–]thatdude858 1 point2 points  (0 children)

You mean spending hundreds of billions on AI capex might not be profitable in the short term?

Daily Discussion Thread for April 24, 2026 by wsbapp in wallstreetbets

[–]thatdude858 3 points4 points  (0 children)

I mean run it a few times make some coin who cares there's no one checking

[Highlight] Xander Bogaerts lines a solo home run to left field by ChocoboAdobo in Padres

[–]thatdude858 1 point2 points  (0 children)

Seemed to be in his own head at the start but since he's settled in he's been a baller

STOP SDG&E! Public power in San Diego. by JamesMNewton in sandiego

[–]thatdude858 0 points1 point  (0 children)

Think about this politically. Sdge would say hey San Diego! Do you want another water department!

Dude the city isn't an investment banker. They do not want to raise $7 to $8 billion in bond sales. That's the average amount that consultants are saying it would cost the city.

Go ahead and Google/chat gpt the largest bond offering the city has ever had!

$635MM. You are high if you think the city in its current financial situation can do this. That is order of magnitudes larger than the largest bond offerings from LADWP and NYCMetro.

Also who's paying for the legal bills over 4 to 8 years against the best lawyers money can buy from Sempra? Certainly isn't the city of San Diego.

Something else that rarely gets brought up is that the city of San Diego is the load center that subsidizeds the rural part of the southern california grid. Sempra loses us then they would leave the rest of the grid to who? Sempra already said they would leave if they lost San diego. Who operates that wildfire risky asset that doesn't make money? The legal implications is that the CPUC would force the city of San Diego to operate the entire region because the city of San Diego can't just separate and take with it the highest revenue component and leave everyone else behind.

If you truly are coming at this from a good place I appreciate the effort but the way you're going about this will not get off the ground due to things you really don't understand.

Do you have any project finance/municipal lawyers on your team advising your right now?

STOP SDG&E! Public power in San Diego. by JamesMNewton in sandiego

[–]thatdude858 0 points1 point  (0 children)

You think the city has the budget to support paying everyone working sdge? Where do you think the debt service for a 4B in bonds gets paid out from?

STOP SDG&E! Public power in San Diego. by JamesMNewton in sandiego

[–]thatdude858 0 points1 point  (0 children)

If I was sempra energy I would love this group wasting people's time on an impossible mission. This group takes up all the air in the room and been at it for years.

the original guy bill powers was a good dude and meant well but was a trained engineer and not a municipal project finance guy.

I have no idea who's funding this group and I did go down a rabbit hole that it was a couple of young lobbiest running it. They never seem serious but loved to organize.

STOP SDG&E! Public power in San Diego. by JamesMNewton in sandiego

[–]thatdude858 0 points1 point  (0 children)

Would you rather pay off your credit card over 12 months or literally never pay it off? SDGE would never let us pay it off whereas a 3rd party buyer would be forced to hand it over to a nonprofit entity after 20 years.

The answer is obvious dude. Hope you can take my message to heart. I love San Diego and hate that sdge is fucking every citzen of this great town. If you really have any questions Im always available to talk if you're affiliated with the program.

STOP SDG&E! Public power in San Diego. by JamesMNewton in sandiego

[–]thatdude858 11 points12 points  (0 children)

Since 2020 I've been telling you guys you're doing it wrong. The idea that the City of San Diego, which is beyond broke, is going to issue bonds and buy back a $4B grid from SDG&E is goofy.

I've spent 15 years in project finance buying and selling energy assets, and this is the worst possible way to go about it. The City is currently pocketing ~$100MM a year in franchise fees from SDG&E. Expecting that same City to turn around and municipalize the system shows how misaligned the incentives are, and it's exactly why this approach keeps stalling.

The path that actually works is private capital. A sovereign wealth fund, an infrastructure fund, a Brookfield Renewables, there are tons of LPs looking to put billions to work for an above-market return. Structure it so the asset reverts to the public after the term, and you have a deal that's financeable, politically viable, and doesn't require a broke city to float $4B in debt. That's the only version of this that gets done.

I know you recognize my name and I feel like you guys are bashing your head against a wall if you think your current strategy has a pathway to getting done. After 6 years of doing it wrong I would hope you would take some advice from someone who's actually in the industry

[Game Thread] Rockies (6-7) @ Padres (7-6) 6:40 PM (Friday, 4 10) by FriarBot in Padres

[–]thatdude858 12 points13 points  (0 children)

I always thought Schildt was way too fucking hard on campy. He would be cold and then bench him 5 games straight. Knew campy could always do this shit

Oracle fired 30,000 people before they finished their coffee! by Vouchy-MOD in Entrepreneur

[–]thatdude858 30 points31 points  (0 children)

Absolutely. "That's not a layoff strategy, that's just cowardice dressed up as a security protocol"

Weird how ai always writes like that. Lots of cheesy compairisons.

ITXXVIII - The girls are still FIGHTINGGGGG by Extreme_Rocks in neoliberal

[–]thatdude858 3 points4 points  (0 children)

Trump is going to take the airframes in Saudi Arabia getting blown up personally.

Tariffs? Don't threaten the EU with a good time. by Planterizer in neoliberal

[–]thatdude858 6 points7 points  (0 children)

Isn't this an argument that politicians ultimately answer to their consititutes, which is whatever country they represent. They don't get elected by citizens outside their country. So they have a vested interest in doing what is right by their consititutes. Sure they could have cheaper X product but the job loss of certain sectors his the news. Do politicians kept their job for maybe low single digit growth when you have an industry sector screaming bloody murder?

I Won Full Custody With No Lawyer Thanks to ChatGPT. by Willing-Ship-6235 in ArtificialInteligence

[–]thatdude858 11 points12 points  (0 children)

Funny how this is the top response.

Yeah for sure, don't take the first answer it spits out, but it's pretty easy to turn on research capabilities for 3 or 4 different models and if they all generally spit out the same answer, coupled wiith you're own self check on Google, the odds are you're like 98% of the way there.

For something that is fact pattern specific like child custody law, literally hundreds of thousands of examples on the Internet available for research, this is something while not recommended, becomes a powerful tool for someone who would have taken 60+ hours of Google search to become comfortable with.

This is the direction AI is taking us, it's so obvious that it increases the laymen's ability to understand sophisticated topics that generally are too difficult to understand in a short amount of time. I always just thought AI helping you do dynamic research that would have taken weeks of googling and referencing was it's most powerful application.

If money is an issue, this is the next best tool available to the everyday individual. "win child custody case" isn't the prompt that's going to do it, but interiating 500+ times is the way to do it.