Most real estate investors will own inventory via an LLC - often one LLC per property so liability is limited to the value of a single property.

Simply looking for properties owned by corporations will get you really close.

Also surprised it didn’t mention that Rick Scott got rich by defrauding Medicare. To the tune of 14 felony counts against his company and a 1.7B dollar fine.

Rents go up but the landlords costs stay static. A lot of small landlords start out at something close to break even from a cash flow perspective. At this point the landlords “profit” is the appreciation.

That said the cash flow gets better over time as rents increase.

I think most practical designers saw the value of what Nielsen was showing but hated how he completely eschewed aesthetics. Fortunately the advent of CSS and the need for responsive mobile design forced everyone to learn how to integrate functionality with aesthetics.

Serious lack of anti aliasing contributed too.

Totally an aside but is Morpheus what happened to the Hindenburg Research guys after the founder of that stepped away? The site is eerily similar and the timing makes sense. I loved reading Hindenburg’s research.

I think so, or at least they have Hindenburg alumni working for them: https://x.com/NateHindenburg/status/1900596203156304371

Any idea why the founder stepped away?

Sounds like he just decided it was time. He wrote a pretty gracious post about it.

https://hindenburgresearch.com/gratitude/

Funny, I wrote this without seeing what the full URL was (I’m on my phone) so the use of the word “gracious” preceded me knowing the path was /gratitude

To me, the Hindenburg Research announcement seemed to suggest that they were being threatened by the subjects of their research.

NIH falls under HHS, and the HHS acting general counsel was a signatory on the original letter.

That said, affiliated hospitals are not owned or operated by Harvard.

The affiliates could be pushed to drop their affiliation if NIH wanted to play hardball with Harvard.

According to NYT, “ of the $9 billion in federal funding that Harvard receives, with $7 billion going to the university’s 11 affiliated hospitals in Boston and Cambridge, Mass., including Massachusetts General, Boston Children’s Hospital and the Dana-Farber Cancer Institute.”

It's GSO-owned real estate. Most cities have seen a precipitous drop in office utilization post-COVID, and it's a weak market for selling commercial office space.

It's likely tax-exempt from property taxes, upkeep is likely minimal, and even empty office space is an appreciating asset. I'd be more surprised if it didn't exist.

Appreciation of the asset doesn't matter if you are leasing it. Neither does tax exemptions if you are the government.

Sorta related story.

I worked for a cable channel (TechTV) in the late 90s early 2ks (until Comcast bought it, laid everyone off and turned it into G4) this was the early days of cable VOD. At that time you had to pay a service by the minute to watch your video before they’d distribute it. That was the QA forced on you by the cable companies.

The fun note is that those services charged double for “adult” content.

Worked out better for Uber and Lyft. Say what you want about how ubiquitous those platforms are these days, they were unlicensed taxi services for years.