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2016 Postmortem

HoneyBadger

(2,297 posts)

4. I have seen crazier

Reply to kentuck (Original post)

Mon Dec 26, 2016, 04:49 PM

Dec 2016

Used to work for the guy that essentially owned the World Trade Centers (long term lease). Yes it was ONE guy, his company was set up like a checking account. I could not believe that a company of that size and value had the same structure as a lemonade stand. Real estate is a weird business.

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Highlight:

How difficult could it be to divest from businesses that only have your name on their hotels? [View all] kentuck Dec 2016 OP

Very difficult radical noodle Dec 2016 #1

There is a market in which you can sell stocks immediately without thinking HoneyBadger Dec 2016 #2

Doesn't want to divest from anything, or can't afford to divest? Brother Buzz Dec 2016 #3

It sounds like a massive Ponzi scheme csziggy Dec 2016 #5

I have seen crazier HoneyBadger Dec 2016 #4