Roll-up idea: Excavation companies.

Why?

Huge returns to scale within a city because some sites require dirt and other sites require dirt removal. The more sites you have the more likely you are to have a nearby site which needs what another site wants to get rid of.

1/n
When you have such a nearby synergistic site, you can undercut your competition without losing margin.

I like this rollup idea because you can do it in a smaller city so it’s not biting off too much for you to chew.

Also, it’s probably hard for contractors with illegal

2/n
labor to undercut you because it’s not so easy to put an illegal behind the wheel of a million dollar machine. Further, illegal operations can’t get the capital to get such machines.

As a bonus, it’s not whack. You can beat people by lowering prices instead of buying up

3/n
competition and then raising prices which is the way so many roll ups work.

IMO rollups in general are pretty lame (innovation is way cooler), but pretty sure this is a good way to get rich.

4/4

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More from @Molson_Hart

28 Oct
The best simplest way to measure the happiness of the people in a place is the median income divided by the median housing price.

This is the most basic explanation for why everyone is so unhappy globally, despite huge advancements in technology.

1/2
Think about it:

You want to know how “well-off” you are. You have a salary, but that’s a number. So you ask yourself: what can I buy with this salary? Stocks are too abstract to mean anything. Education you probably don’t need. Healthcare expenditure is random.

2/3
Food is cheap and hard to calculate; “what is $25 times 365 times the number of years I will live? Too complicated.” So what do you use to measure how well off you are? Housing. Everyone needs a house and they want to own it so they’re not owned by their landlord.

3/4
Read 5 tweets
26 Oct
All of these penises have the same volume.

Men, which would you pick to have:
All of these penises have the same volume.

Men, which would you pick to have:
Ladies please comment your ideal length and width.

For those wondering, I am asking for a friend.
Read 6 tweets
22 Oct
Hey @fmanjoo if you are going to write an article in the NYT which my I am featured prominently, don't you think you should ask me for a comment, especially if you're going to imply I'm "discombobulated and that I'm used to employees leaping to my every demand"?

🧵👇
Perhaps you didn't because the context behind the tweet didn't fit the narrative of your story?

Like when you said the that people were reluctant to work "terrible jobs"...
Read 10 tweets
19 Oct
Last 30 days for our business:

1. $33k container got delayed (likely won't make xmas)
2. 2 containers from vietnam will arrive after xmas
3. Key warehouse team-member injured
4. 70% of our China orders delayed b/c no⚡️

If we have debt in this situation we go bust.

1/2
Thank god teammember's injury was not worse.

We will be totally fine, but if we are levered up in this position, we would not be because our costs are skyrocketing and as more containers arrive we get more and more strapped for cash before we get those toy xmas sales.

2/3
There are a lot of unknown costs that can skyrocket from here.

We have multiple containers arriving in Los Angeles with the intention of being transloaded & shipped by truck.

What happens if trucking prices to Texas spike?

Big disaster.

China prices are going way up!

3/3
Read 4 tweets
17 Oct
How to go from broke to middle class in America (without becoming a musician, a professional athlete, or selling drugs):
Middle Class.

What does that mean?

We're going to call it $50,000 cash in your bank account.

The goal of this thread is to take YOU from broke to $50,000 cash in your bank account.

Let's start:
Accept that other people have a head start on you in life.

Life is not fair and it never will be.

It doesn't matter. You will catch up.
Read 97 tweets
17 Oct
Prediction: the US is going to economic war with China

Short thread on my thinking re: this video

tiktok.com/@financeyujie/…
1. She mentions that power has been cut in Guangdong and Jiangsu in Autumn, which is past peak power usage (for southern Jiangsu anyways) as Guangdong is pretty warm, they spend more power on A/C than heating. AFAIK power has not been cut in Shandong and north.
2. To me that indicates that it has nothing to do with a shortage. And in fact she says it has nothing do with a shortage (this woman who is pretty hot imo does not strike me as being unaffiliated with the government). She says it is 3 things:
Read 12 tweets

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