Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Sporting Events Discussion centered around sporting events.

Reply
 
Thread Tools Display Modes
Old 03-27-2013, 01:29 PM   #56626
Karak
ELIte
 
Karak's Avatar
 
Join Date: May 2004
Location: Washington, DC
Posts: 62,729
Re: SE FAQ, Liveblog & Vegas Selfie Thread

just had my first experience with



bought it on a whim at the grocery store the other day cause everyone is always talking about it. doused my eggs with it this morning. DELICIOUS.
Karak is offline   Reply With Quote
Old 03-27-2013, 01:31 PM   #56627
Noze
Carpal \'Tunnel
 
Noze's Avatar
 
Join Date: May 2012
Location: A League
Posts: 25,712
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Because most people who are actors are insane
Noze is offline   Reply With Quote
Old 03-27-2013, 01:33 PM   #56628
CalledDownLight
Toonces the Posting Bot
 
CalledDownLight's Avatar
 
Join Date: Jan 2007
Location: DUKE FOOTBALL<DUKE BASKETBALL
Posts: 88,404
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by Zimmer4141 View Post
CDL, I guess what I meant by cash was liquid assets. The endowment of a university (afaik) is held in liquid or semi-liquid assets rather than long-term assets like land and buildings.
The two endowments I have second hand knowledge of act primarily as a fund of funds (Duke and UPENN). This means they invest primarily in hedge funds (2-3 year lockups mostly and likely quarterly redemptions with 30-90 days notice after that with penalties for early redemptions) and private equity funds (typically 7-10 year commitments with no early redemptions). They also do some co-investments where they invest as a partner alongside a private equity or real estate fund (very illiquid as selling typically relinquishes the control premium and would often not even be allowed in the original contract). From what I know only the money on the margin is invested directly in the market and thus liquidity is low.

In theory, endowments have the longest timeframes of all investment vehicles and also the lowest need for liquidity and seek to achieve higher returns by sacrificing short term liquidity. Thus, it is highly unlikely than any endowment of meaningful size is very liquid. This is why so many of them, not just for universities, but also for charities, museums, private schools, etc. suffered so much in the recession. There was no ability to get out of the market and the liquidity premium also steepend which hurt their mark to market.
CalledDownLight is offline   Reply With Quote
Old 03-27-2013, 01:40 PM   #56629
Noze
Carpal \'Tunnel
 
Noze's Avatar
 
Join Date: May 2012
Location: A League
Posts: 25,712
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Yeah, no endowment of any size is very liquid.
Noze is offline   Reply With Quote
Old 03-27-2013, 01:50 PM   #56630
Steroid Boy
Carpal \'Tunnel
 
Steroid Boy's Avatar
 
Join Date: Feb 2007
Location: Backpacking Bananas
Posts: 42,156
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by CalledDownLight View Post
The two endowments I have second hand knowledge of act primarily as a fund of funds (Duke and UPENN). This means they invest primarily in hedge funds (2-3 year lockups mostly and likely quarterly redemptions with 30-90 days notice after that with penalties for early redemptions) and private equity funds (typically 7-10 year commitments with no early redemptions). They also do some co-investments where they invest as a partner alongside a private equity or real estate fund (very illiquid as selling typically relinquishes the control premium and would often not even be allowed in the original contract). From what I know only the money on the margin is invested directly in the market and thus liquidity is low.

In theory, endowments have the longest timeframes of all investment vehicles and also the lowest need for liquidity and seek to achieve higher returns by sacrificing short term liquidity. Thus, it is highly unlikely than any endowment of meaningful size is very liquid. This is why so many of them, not just for universities, but also for charities, museums, private schools, etc. suffered so much in the recession. There was no ability to get out of the market and the liquidity premium also steepend which hurt their mark to market.
I interned at an endowment investment office my senior year and the majority of them are run like this with the exception of the lockup/redemption periods for the fund of funds portfolio. They typically tend to favor funds with 1yr or less locks and monthly liquidity.
Steroid Boy is offline   Reply With Quote
Old 03-27-2013, 01:51 PM   #56631
fanmail
Carpal \'Tunnel
 
fanmail's Avatar
 
Join Date: Jun 2005
Location: Crown Town
Posts: 32,416
Sraracha is mega elite hot sauce. I pronounce it suu-ratcha
fanmail is offline   Reply With Quote
Old 03-27-2013, 01:54 PM   #56632
fanmail
Carpal \'Tunnel
 
fanmail's Avatar
 
Join Date: Jun 2005
Location: Crown Town
Posts: 32,416
Quote:
Originally Posted by Noze View Post
Yeah, no endowment of any size is very liquid.
Thats not what she said.
fanmail is offline   Reply With Quote
Old 03-27-2013, 01:55 PM   #56633
jmill
Freak you Bobo Fett
 
jmill's Avatar
 
Join Date: Dec 2006
Location: Earth, Jupiter, Mars
Posts: 19,752
Re: SE FAQ, Liveblog & Vegas Selfie Thread

If 2.39 somehow finds this thread because of all the K.nox talk there will be need to be upset.
jmill is offline   Reply With Quote
Old 03-27-2013, 01:56 PM   #56634
tuq
TEEJ
 
tuq's Avatar
 
Join Date: Jan 2006
Location: Southern Hemisphere
Posts: 46,363
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by Holliday View Post
Bouncing checks to charity is unconscionably terrible, uless somehow you get sex out of it.
I wasn't being serious, and considering the program is The First Tee it would probably be best to forgo the sex angle.
tuq is offline   Reply With Quote
Old 03-27-2013, 01:58 PM   #56635
CalledDownLight
Toonces the Posting Bot
 
CalledDownLight's Avatar
 
Join Date: Jan 2007
Location: DUKE FOOTBALL<DUKE BASKETBALL
Posts: 88,404
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Rank the following:

Cholula
Crystal Hot Sauce
Dave's Insanity Sauce
Frank's Red Hot
Louisiana Hot Sauce
Tabasco
Texas Pete
Sriracha

ignore that they have different clear cut uses and assume you had to create a big board and could only use your draft pick exclusively on all foods.
CalledDownLight is offline   Reply With Quote
Old 03-27-2013, 01:58 PM   #56636
Riverman
Carpal \'Tunnel
 
Riverman's Avatar
 
Join Date: Apr 2003
Posts: 73,137
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by Aidan View Post
Most institutional endowments are held in less liquid assets - how David Swenson was able to pwn so hard with Yale's endowment (copied heavily by most other big universities).
Harvard did it first, under the radar. Then the stupid liberal moran faculty members and alumni found out that the head of the Harvard Management Company, Jack Meyer, was making like $4m or some hilariously low number annually while making the University literally tens of billions of dollars during his time in charge (some of his traders made much more than him).

His successor promptly placed roughly $500m with Meyer's new hedge fund, therefore ensuring that Harvard would pay him a large multiple of his former salary in fees to manage roughly 1/50 the amount of money.

Cliffs: LOL Harvard.

President at the time? You guessed it, dickbag Larry Summers.
Riverman is offline   Reply With Quote
Old 03-27-2013, 02:00 PM   #56637
Riverman
Carpal \'Tunnel
 
Riverman's Avatar
 
Join Date: Apr 2003
Posts: 73,137
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Regarding the Amanda Knox thread, I think I had a pretty typical progression. At first I was impressed by Henry's megaposts and found them very persuasive, then I just marveled at his obvious mental illness / obsession with always getting the last word in vs. the astroturf guy.
Riverman is offline   Reply With Quote
Old 03-27-2013, 02:00 PM   #56638
GusJohnsonGOAT
SESwamiGOAT
 
GusJohnsonGOAT's Avatar
 
Join Date: Mar 2011
Posts: 15,366
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by A-Rod's Cousin View Post
The Knox thread is super terrible? Hey, let's all talk about it in Sporting Events!
The thread is obviously awful, but they are going to announce the verdict very soon (today?), so keeping an eye open for all the butthurt and potential bans that could come from it is the only reason anyone should care about that thread.


Edit: Oh, see that's she's being retried. So like another 3 years of that thread now? Awesome. Might have to dkgo it.

Last edited by GusJohnsonGOAT; 03-27-2013 at 02:05 PM.
GusJohnsonGOAT is offline   Reply With Quote
Old 03-27-2013, 02:03 PM   #56639
Noze
Carpal \'Tunnel
 
Noze's Avatar
 
Join Date: May 2012
Location: A League
Posts: 25,712
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Can't wait until a/mi/ch/elle travels abroad and murders somebody, biggest thread eva
Noze is offline   Reply With Quote
Old 03-27-2013, 02:04 PM   #56640
Zimmer4141
Wet
 
Zimmer4141's Avatar
 
Join Date: Oct 2005
Location: Chicago, IL
Posts: 32,750
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by CalledDownLight View Post
Rank the following:

Cholula (T2)
Crystal Hot Sauce (NA - Never tried)
Dave's Insanity Sauce (6 - Just too much heat)
Frank's Red Hot (5 - I can't see a reason to ever use Frank's if Cholula or Sriracha are available)
Louisiana Hot Sauce (4 - Louisiana Buffalo Wing Sauce is the best you can buy in grocery stores)
Tabasco (T2)
Texas Pete (NA - Never tried)
Sriracha (1 - versatility, flavor, got it all)

ignore that they have different clear cut uses and assume you had to create a big board and could only use your draft pick exclusively on all foods.
.
Zimmer4141 is offline   Reply With Quote
Old 03-27-2013, 02:06 PM   #56641
anononon
Guest
 
Posts: n/a
Re: SE FAQ, Liveblog & Vegas Selfie Thread

dave's insanity sauce is awful. it exists solely so HS students and other unsuspecting people can prank each other with it

it tastes bad and the entire gist of it is LOL MAN IT IS HOT LOLLLLLLLL
  Reply With Quote
Old 03-27-2013, 02:07 PM   #56642
Holliday
Carpal \'Tunnel
 
Holliday's Avatar
 
Join Date: Oct 2008
Location: Forum Withdrawal's world
Posts: 20,856
In my experience, any charity can have a hottie soliciting donations. In fact, most do, somewhere. I believe the industry term is "talent".

Who am I to judge a poor man with a keen eye for talent?
Holliday is offline   Reply With Quote
Old 03-27-2013, 02:10 PM   #56643
CalledDownLight
Toonces the Posting Bot
 
CalledDownLight's Avatar
 
Join Date: Jan 2007
Location: DUKE FOOTBALL<DUKE BASKETBALL
Posts: 88,404
Re: SE FAQ, Liveblog & Vegas Selfie Thread

My controversial ranking is:

Texas Pete
Louisiana Hot Sauce
Crystal Hot Sauce
Sriracha
Frank's Red Hot
Cholula
Tabasco
Dave's Insanity Sauce
CalledDownLight is offline   Reply With Quote
Old 03-27-2013, 02:15 PM   #56644
tuq
TEEJ
 
tuq's Avatar
 
Join Date: Jan 2006
Location: Southern Hemisphere
Posts: 46,363
Re: SE FAQ, Liveblog & Vegas Selfie Thread

I'm more interested in how our ass would rank these a day later.
tuq is offline   Reply With Quote
Old 03-27-2013, 02:18 PM   #56645
anononon
Guest
 
Posts: n/a
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Sriracha is kind of a weird hot sauce. I love it on a variety of things, but I don't know how to classify it. I don't even think of it as a pure "hot sauce," I guess.

Anyway I mostly agree with CDL's list though I haven't had Crystal Hot Sauce. Cholula and Tabasco are pretty bad.
  Reply With Quote
Old 03-27-2013, 02:22 PM   #56646
CalledDownLight
Toonces the Posting Bot
 
CalledDownLight's Avatar
 
Join Date: Jan 2007
Location: DUKE FOOTBALL<DUKE BASKETBALL
Posts: 88,404
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by kyleb View Post
Sriracha is kind of a weird hot sauce. I love it on a variety of things, but I don't know how to classify it. I don't even think of it as a pure "hot sauce," I guess.

Anyway I mostly agree with CDL's list though I haven't had Crystal Hot Sauce. Cholula and Tabasco are pretty bad.
I think of sriracha like you. I dont like it on eggs, potatoes, chicken, rice, etc. but like it on a variety of asian dishes. I would eat Texas Pete on all kinds of stuff that I would never put Sriracha on though. Its definitely the GOAT hot sauce.
CalledDownLight is offline   Reply With Quote
Old 03-27-2013, 02:29 PM   #56647
Noze
Carpal \'Tunnel
 
Noze's Avatar
 
Join Date: May 2012
Location: A League
Posts: 25,712
Re: SE FAQ, Liveblog & Vegas Selfie Thread

I wish I liked hot sauce more
Noze is offline   Reply With Quote
Old 03-27-2013, 02:33 PM   #56648
Das Boot
Carpal \'Tunnel
 
Das Boot's Avatar
 
Join Date: Sep 2011
Location: where have you gone, landon donovan
Posts: 20,196
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by CalledDownLight View Post
Rank the following:

Cholula
Crystal Hot Sauce
Dave's Insanity Sauce
Frank's Red Hot
Louisiana Hot Sauce
Tabasco
Texas Pete
Sriracha

ignore that they have different clear cut uses and assume you had to create a big board and could only use your draft pick exclusively on all foods.
tho
Das Boot is offline   Reply With Quote
Old 03-27-2013, 02:37 PM   #56649
Victor
Carpal \'Tunnel
 
Victor's Avatar
 
Join Date: Jul 2003
Posts: 65,797
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Quote:
Originally Posted by Holliday View Post
Bouncing checks to charity is unconscionably terrible, uless somehow you get sex out of it.

My wife just found out she can no longer pay her SAG union dues through an online credit card payment because so many people used invalid card numbers to game the system. WTF? How on earth would a multitude of people think to try that, and why wouldn't the union just spend $2 on a slightly more robust payment form.
haha wish i could share a story here.
Victor is offline   Reply With Quote
Old 03-27-2013, 02:39 PM   #56650
Zimmer4141
Wet
 
Zimmer4141's Avatar
 
Join Date: Oct 2005
Location: Chicago, IL
Posts: 32,750
Re: SE FAQ, Liveblog & Vegas Selfie Thread

Tapatio can def sneak in with Cholula and Tabasco.

Also really spicy (but mega elite taste) goes to this bad boy.

Zimmer4141 is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 10:56 PM.


Powered by vBulletin®
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Copyright © 2008-2020, Two Plus Two Interactive