I have struck deep into enemy territory for dinner tonight- no longer ensconced in hip hop Spotify playlist small plate (((coastal elite))) restaurants, I am in a massive “steak-house” with antler chandeliers and antique guns on the wall. The menu is just a list of cuts of beef.
Men named “Chip” and “Buddy” mill around me, wearing golf shirts and drinking old fashioneds that look like someone mashed up an orange and poured five shots of bourbon over it. They are doubtless congratulating each other on another record quarter at their used BMW dealership.
Welcome to my new followers just figuring out this account’s Deal. Sit down and have a glass of the 2010 baby Chave:
Upon careful reflection, I now think the marginal tax rate between 200k and 1mm should be 90%. We can drop it back to 50% above that.
“But why?” I hear yourself asking. “Why subject yourself to well-done steak with ketchup?” Dear reader, I am an Arbitrageur; and when I spot a 100%+ IRR mispricing on a wine list, I will absolutely lift it and fucking book out of here having paid my rent for the next two months
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