How it started How it trims

Going overnight for 8 hours at 225F. Wrap at 5 am. ImageImage
Update: Been up since 4:30 a.m. babysitting it. Bark wasn't nearly as good this time around. Not sure why. Only change was coating in avocado oil prior to applying rubs. Decided to wrap it at an average internal temp of 175F. Temp has exploded upwards in the last hour (~188F).
Umm. I take it all back. With coaching from @HeimBBQ and @TR3Y_KC, I nailed it. Pull-apart tender with great flavor. ImageImage
Recipe: Trimmed, salt and pepper 2 hours out. Hardcore Carnivore black and Traeger coffee rubs. Pecan pellets set to 225F. 7 hours fat down uncovered until internal temp hit 170. 5.5 hours fat up wrapped in pink paper until internal temp hit 210. Cooler rested for 6 hours.

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More from @BrentBeshore

31 Dec 20
This is a valuable thread and @XavierHelgesen has excellent intentions. If you were planning to buy a SMB using the SBA, the deal got sweeter.

That said, there are caution flags I'd like to raise:

1) It's brutally hard. I outline the steps here permanentequity.com/writings/how-t…
2) Selecting well, and far beyond financials factors, is a skill that takes reps to become proficient. What I thought were slam dunks 10 years ago scare me today.

Please don’t get jacked up on cheap SBA money and go tag the 14th thing you look at.
3) The required personal guarantee is no joke. Yes, it’s 10 year money. Yes, you’re going to buy it at a high cf yield. But, SMBs are volatile and often for reasons that aren’t initially obvious.

If things turn against you, you’ll declare bankruptcy. Seen it happen. Not pretty.
Read 10 tweets
25 Dec 20
For the past several years, I’ve shared a thread on Christmas about the implications of Jesus. Last year’s is below.

This year I want to get personal about my unexpected journey from ardent atheism to faith that shook the foundations of my life and changed it forever.
Everyone's journey is different and if what I'm getting ready to say seems ridiculous, I get it. 10 years ago I would have said the same thing, and probably less tactfully.

---

From a young age, I’ve been curious about the big questions.

Why am I here? What’s the point?
I can vividly remember sitting in vacation bible school as a young kid thinking all this talk of Jesus and His blood made no sense.

But, everyone else seemed to be into it and they had tasty snacks, so I might as well roll with it.
Read 21 tweets
22 Apr 20
A week ago KKR put out a long piece on the economic implications of COVID.

kkr.com/global-perspec…

Below are the quotes I clipped/saved.
"We estimate that hours worked in the United States have fallen 62% in just the past few weeks.”

"We do not look for a traditionally sharp snapback in the second half of 2020.”

"De-leveraging will take years, not months, to work through.”
"We are now entering a period of slower nominal GDP growth amidst lower inflation, or even disinflation/deflation.”

"Heavy debt loads will impede growth, we believe, at a time when demographics and re-regulation are likely to act as further headwinds.”
Read 9 tweets
17 Apr 20
Munger hasn't cared about optics for a long time and it's a helpful window to reality as he sees it. Kudos to @jasonzweigwsj for relaying the conversation

Here are some annotations. Quotes are Munger's. Rest are mine.

wsj.com/articles/charl…
"Everybody’s just frozen.”

The only deals getting done are ones that were already on the finish line and for assets logically unaffected by COVID. Otherwise, PE, VC, real estate is all shut. Banks aren’t extending new lines, let alone deal debt.
"We’re like the captain of a ship when the worst typhoon that’s ever happened comes. We just want to get through the typhoon.”

As one of my investors said to me, “Live to fight another day.” The future has always been murky, but it’s currently the visibility of diner coffee.
Read 8 tweets
15 Apr 20
This tweet hasn't sat well with me. It could be discouraging and, frankly, comes off as condescending. Sorry. I'm a pro at struggling with pride and need to do better.

What does a good cold email looks like? I decided to break down my now friend @david_perell's pitch from 2017..
Context is king. Immediately he claims to have been following me and have done his homework. He explains who he is, why he’s contacting me, and what he’s hoping to gain. He also name drops, which in this context is helpful.

Notice his word choices and what they connote.
If there was doubt that this was a form note he sends to everyone, this paragraph cured it.

He obviously had researched me and specifically chose me to reach out to. He gave a clear value proposition and offered a natural jumping off point for conversation. He made it seem easy.
Read 5 tweets
12 Apr 20
For the longest time, I thought I knew about Easter. It was about Jesus taking Christians to heaven. Be “good enough" and you get to play the harp on a cloud for eternity. It never interested me much.

But you won’t find anything like that in the Bible. Let me explain...
I want to tell you about a cosmic story that looks like a tragedy. It’s about love and loss and redemption and restoration. It’s a true and beautiful story that transformed my life.

It’s the story of Jesus Christ, which is story of the world. It’s the Good News.
For the longest time, I was an ardent atheist, frustrated by what I perceived to be religious cosplay. But then I got to know Christians who were smart, thoughtful, and well-considered. And most of all they had a love I didn’t know.

The more I studied, the more my interest grew.
Read 16 tweets

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