debbiedowner
Joined 9 years ago
Joined 9 years ago
It'll happen a week or a month after IPO date though? It took fb/meta 1 year and then it entered as 1% qqq. TSLA entered 3 years after IPO so probably a small percentage.
Tsla is 2% vti (2T AUM). QQQ is 400B AUM. So add those two and you get $56B of purchasing. This seems like the amount they want to raise via IPO in total in the news, so the banks who do the IPO can sell it all guaranteed.
But people will want to buy it before it gets into the passive funds... So... Post inclusion market cap will be higher than we expect?
To me it seems the opposite: Rent control means supply goes down, so available building & land prices go up. These prices going up means an opportunity for builders who are good businessmen because they are going to make a margin on their investment, the bigger the investment the bigger upside.
Another intuition is with rent control it's hard to extract new value from an old building, so that also incentivizes tearing it down and squeezing more units into the land.
In SF, rent control exists on all buildings built before 1979. It appears to me that people who prioritize new builds pay a huge premium for them. I think this particular rule also incentivizes tearing pre 1979 structures down, vs the no rent control newer buildings can continue to have growth in the value extracted from them.
Anything wrong with that?
I've been using it for about a year.
My impression is if you fly for work, you get a lot of employer sponsored points, so it's interesting.
But if I fly 5-10 trips a year personally, why would I try points when I can get 3-5% cash back on my various cards?
I had a HW assignment in 2017 to do this, specifically we were given raw wifi signals and told to determine how many people were in the room. We did it by detecting breath rate of each person with the MUSIC spectral algorithm. For that challenge there ended up being 6 people in the room, all with slightly different breath rate (attenuating the signal as their chest expanded).