Wednesday night was our opening night for Waterfront Wednesdays at the Water Taxi Beach, LIC. Ark played live. It was awesome.
See you next week!
Wednesday night was our opening night for Waterfront Wednesdays at the Water Taxi Beach, LIC. Ark played live. It was awesome.
See you next week!
Posted in Techno
Tuesday at CF Gotham we did Elizabeth:
24:45, 115 pounds
about a minute slower than my previous 105 pound time. A bit disappointing. We started with power cleans, which I think messed me up for being ready to do squat cleans, so I started the squat cleans very slowly. Should have hit them harder would have been able to make up that minute or maybe even two.
Posted in CrossFit
On Monday this week I went to CrossFit Gotham because my work schedule has precluded me from visiting CF SBK during the week.
We did backsquats. 3 pound PR:
185/205/225/230/235f
Then we had 100 kick-to-handstand on the agenda. My kickup wasn’t so good so I didn’t keep count but then I got the hang of it. I should have been counting!
Posted in CrossFit
Bench press felt a little off today, but still did fairly well.
135/145f/145/155f/150
Then 500m row: 1:46.6
Posted in CrossFit
Disappointing press yesterday.
85/95×2/95×1/90/92
Posted in CrossFit
For time:
50-40-30-20-10
Double Unders
Situps
14:45
Then was playing around on the new skinny pullup bar and the pullups were really easy. I was stupid and didn’t start counting though, so I stopped. Then I decided I would try a max effort pullups, but I was already kind of tired from the 20 (30?) pullups I’d just done. So I only got 34. =( Was hoping for 40. Maybe next time.
Posted in CrossFit
There is some further hilarity at the Slow Money site:
XI. We must ask:
–What would the world be like if we invested 50% of our assets within 50 miles of where we live?
We would all be subject to the vagaries of the local economy. If the local economy failed, in addition to being unemployed, we’d have lost all of our savings. That’s real smart. Less developed local economies would even worse access to capital than they have now, so they’d have an even harder time escaping poverty. That’s real wise.
–What if there were a new generation of companies that gave away 50% of their profits?
No one would invest in them.
–What if there were 50% more organic matter in our soil 50 years from now?
I suppose that would be fine. I don’t see what one things has to do with the other though.
Posted in Finance
I like talking about innovative financial scams. So the most recent scam I talked about here was liberty dollars. Now we get to see a financial scam on the other side of the political spectrum. Liberty dollars was a libertarian-ish scam, and now we get to see a left-wing hippie-food-style scam.
I present to you: Slow Money
I discovered this concept because I heard that Milk Thistle Farm (who make the best chocolate milk ever) was seeking some “investment.” So I thought I should check it out and maybe putting some of my “end-of-civilization” asset allocation to it. The idea is that I wouldn’t expect to make money investing in a farm, but if I could invest in the farm and hold shares, that could, if the deal were structured right, give me a claim on the cows, milk, eggs, etc. that the farm produces, in the event of a systemic collapse.
So I looked into it, and I discovered that this “investment” opportunity was just an opportunity to purchase an unsecured subordinate note at a coupon ranging from 5% to 7%. That’s 5% for a 5 year term and 7% for a 15 year term. They are looking to build a milk processing plant with the funds.
So basically these people are aiming to get risk capital for a new venture at a spread of 220 bps over treasuries. (According to Yahoo TNX is at 3.8 and FVX is at 2.8) Not exactly a bad deal for them! They don’t own any land, so they can’t get a loan from a bank secured by the land. I imagine they don’t want to pay the rates banks are asking these days for construction loans. Instead they figure they will exploit people who love grass fed milk and don’t know any better. Awesome.
So that led me to this “slow money” thing. Apparently there is a whole movement around getting capital at undermarket rates for your farm business. It’s pretty funny. Rather than just saying, “we want free money from you guys to grow our businesses” they wrap it up in hippy-dippy terms and people open their wallets.
I want to start a scam like this.
Oh wait, I just started a job on Wall Street. I am a step ahead of these guys. I guess the difference is that I’m not pretending to save the planet in the process.
135/145/155/165/175f/170
Massive PR!
Posted in CrossFit