GDP report showed economy shrank by 0.2% in Q2 (Q1 was 0.4%).
Securitization: merging various assets into a group and then issuing an instrument for it.
Standard: securitizing companies. That’s what equity is.
Relevant: securitizing debt. Like a loan ETF. These are called CDOs: collateralized debt obligations.
Example: I’m a bank and I manage a ton of mortgages and personal loans and credit lines. I create a diversified portfolio of all this debt and then create a Brian token which represents a stake in the pool. Then I sell the debt to various investors. They’re basically funding the loans, and then they’re getting a guaranteed return from the interest (diversified, customized, etc). I’m the aggregator, the pool, the originator; I’m not the lender. I charge origination fees, not interest. The investor basically takes the role of the lender. And I can take the assets off my balance sheet, which means I have more cap space (under liability threshold) to underwrite additional loans and bring more TAM in.
This is exactly how mortgage-backed securities work. Banks group all mortgages into buckets by risk level (tranches) and then sell them as bonds to investors. (of course – veiling the assets backing the security, as in 07-09, can lead to large problems).
Exposes opportunities to investors in ways that might not be available otherwise. In a fractional way, with lower barrier to entry. While being beneficial to the originator to reduce books.
Watched the AWS+Datadog webinar on how to observe k8s envs.
Specifically EKS Blueprints. Basically IaC specs for full deployments. Interfaces with terraform and aws cdk.
Stripe sitting just below the 3 hectacorns (140b, 127b, 100b respectively) at 95b.
Paste with no formatting when copying between the wordpress and gdoc editors. Otherwise the indentation is trashed.
Continued motorcycle storage pursuit.
The garages are great for access (security, maintenance areas, etc) but are basically full.
Did some research on storage lockers. Some do allow motorcycles.
Local Locker does not allow gas. Manhattan Mini Storage doesn’t either.
Talked to Public Storage and Local Locker.
Got quotes from a few others. $300-400/mo. Same (if not more) as a regular garage. Plus you can’t access it, and you have to drain the gas and oil. Not worth it.
Overall extremely annoyed; I don’t have hours to waste on finding alternate parking like this. Motorcycles should be easy, but NY is much worse than CA for this.
Remember I applied to cyclegarage and risingwolf a couple weeks ago. No reply.
Reached out to rydersalley, VAX moto, machina cycles. All via both phone and email. Some bounced. The ones that went through didn’t get replies.
Icon parking continues to be unhelpful – website shows tons of facilities with motorcycle availability, but I called ~5 and pissed off attendants just said they’re full.
Finally met someone helpful! Motorgrrl. <$200/mo, comparable to current. They have space (albeit may be tight). I’ll bring it in fri or sat. They say climate-controlled and safe, so assume covered and secure. A little worried about driving over the bridge before maintenance, but will take it easy.
