Negative Rebate @NegativeRebate

Former L/S analyst. Current LMM PE. Hockey enthusiast & recovering short seller Joined March 2020

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Baseball’s Greatest Moments @BBGreatMoments

7 hours ago

Greg Maddux faced 20,421 batters over the course of his career. Only 310 (1.5%) saw a 3-0 count. Of those, over half of them (177) were intentional walks.

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Negative Rebate @NegativeRebate

5 days ago

@alexangeline_ We bid on ~$5M EBITDA mid-Atlantic deal w/ ~10% margins (estimating issues in retro/install dragging down consolidated margins). Strategic big 18x off the $5M (TBD what synergy multiple was) but couldn’t believe it Platform sold 6 months later. Crazy prices but awesome industry

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Negative Rebate @NegativeRebate

2 months ago

@BigJohn043 We did this backing an operator with deep industry experience and a Rolodex of contacts. EBITDA was barely above $1M at close. Had conviction and line of sight into add on pipeline (which got IC comfortable). Without that would have been a tough putt.

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TOM MARTIN @tomhasideas

3 months ago

my favorite story from Augusta this week: a volunteer on Hole No. 2 calls an eleven-year-old patron to join him at the front of the ropes as everyone waits to cross. the volunteer juts the ropes forward just a bit so the kid can see the players hit their approach shots and says, “get a good look, you’re the future of the game.” the volunteer asks if the kid plays golf. “yes sir.” then the volunteer says, “I’ll be here another dozen years at this same location, come give me a fist bump when you’re playing here as an amateur.” the kid nods. players pass and the crowd starts to walk across the fairway. the volunteer says to a few inspired onlookers, “I do this every time I can because it happened once… an amateur came back and gave me a fist bump, and said thank you.” the volunteer never learned the amateur’s name. he was content with making a difference.

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4 months ago

Watch old school corporate raider Carl Icahn talk about a bloated SaaS company he took over in the early 80s, where he fired a whole 12-story building filled with employees, and nobody noticed:

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litquidity @litcapital

4 months ago

Goldman associates showing up for their second round interview at the Pentagon

Exec Sum @exec_sum

4 months ago

BREAKING: Pentagon is headhunting bankers for their economic defense unit

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Céspedes Family BBQ @CespedesBBQ

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Baseball’s Greatest Moments @BBGreatMoments

8 months ago

On the last day of season, Joe Carter pranked rookie Derek Bell by driving Bell’s Jeep onto the field as part of a mock “raffle” to give it away to a fan.

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Tour Golf (not PGA Tour) @PGATUOR

10 months ago

As legendary as it gets 💯

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Koyfin @KoyfinCharts

a year ago

Stanley Druckenmiller after losing $3 billion on tech stocks during the 2000 bubble: "I didn't learn anything. I already knew I wasn't supposed to do that".

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Negative Rebate @NegativeRebate

a year ago

@bucketshopcap Not very traditional but I parlayed L/S analyst into LMM PE and the skillset of shorting has actually been a big differentiator when picking industries/business models.