Vlad @thevladplot
🏠 Real Estate Investor & House Flipper Based in Las Vegas | 250+ Deals Closed 🌵 📈 Sharing flips, market insights & strategies Las Vegas, NV Joined July 2018-
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He's overselling it. Griffin's frames this as compression, work going from months to days and PhD work being handed to software. Hes right. But he should also mention what's actually happening not just the outcome. This is happening mostly on the research and analysis layer. Data synthesis, alt data ingestion, thesis gen, memos. Dilligence. Work that used to mean a junior analyst would stay late and grind. Citadel is a unique example because their edge has never been about being the smartest people in the room. It's been pattern recognition at speed, finding signals before anyone else prices them in. Agents don't just compress that work but they also run a structurally better version of the thing Citadel was always built to do. And again, especially for the majority of investment/asset managers, this is still mostly on the research side. The next layer, replacing the core of the work and trusting the actual assumptions and decisions is still a bit far away. The work Griffin is watching get automated is the same work that built his judgment as he was starting his career. It's the grinding, the work deep in models and regulatory files that builds a great investor. So Ken's not wrong, things are moving fast and I dont doubt he sees this kind of stuff. But its also a long ways away from seriously impacting hiring. For the foreseeable future, I see it only increasing hiring.
Ken Griffin went home on a Friday "fairly depressed" after watching AI agents at Citadel do work that used to take teams of PhDs in finance months to complete. Done in days. His words: "These are not mid-tier white collar jobs. These are extraordinarily high skilled jobs being
The pushback on Vegas getting a team is so hilarious to me. People do not understand this town at all, and the deceptive headlines, ignore the reality that this is one of the best, most profitable, proffessional sports towns in America for three reasons 1. The local community happily gets behind winners. The Golden Knights are one of the best attended sports franchises in America, consistently selling out, and this is driven by locals, not by tourists. 2. Tourists travel to games, and professional sports are live entertainment, fitting perfectly on the strip. 3. This is the biggest one, that I’ve never seen talked about. Owning an arena that can do live events, concerts etc, is unbelievably profitable on the strip. Vegas is the king of concerts, owning an arena where you can make money renting it out for live events in Vegas is printing money. Can’t wait for our team!
Breaking: The NBA's Board of Governors has approved a vote for the league to explore bids and applicants for expansion teams exclusively in Las Vegas and Seattle, sources tell ESPN. A bidding process is expected to generate offers in the $7-10 billion range for each team.
Just bought a fix and flip in Las Vegas and the seller left me over 40+ cats…
Social media and “views” only matter if you can monetize them correctly Most of the people you see going viral and making content don’t make a lick of money from it. Vanity metrics
Business is so much problem solving and putting out fires that after a while you either 1. Stress to the point you burn out and quit Or 2. Become accustomed to dealing with things and don’t let them stress you out anymore and just realize it is a byproduct of playing the game
Consistency is the most unsexy difference maker to success
A lot of entrepreneurship comes down to your energy and ability to chase something that other people don’t get excited about.
My accounting professor at UNLV told us making 50k the first few years after graduation is ideal.. so I dropped out 😂😂
The Fernando Mendoza arc is beyond storybook. Heartbreak at Cal, glory in Indiana.
Guess who Fernando trucked on his TD run? 😂
The NFL needs to adopt the Kansas State Clown Car formation
you have a real stadium naming rights opportunity here @PNCBank
URINALS WITH A FIELD VIEW AT MISSOURI STATE
NFL sack leaders among DTs 4.5: Jeffery Simmons, Titans 4.5: Byron Murphy II, Seahawks 4.0: Jonah Laulu, #Raiders A 2024 7th-round pick waived by the Colts, the Vegas native is breaking out in his hometown and helping fill Christian Wilkins' absence.
@SurvivorAtlas Surviving this week and having Indi still available next week is huge! Outside of that Week 8 game no clear cut favorites.
Real estate market has slowed quiet a bit the last few months. I’m a firm believer that now is the time to double down and win market share while everyone else backpedals.
Return on time is the most important metric in business. It trumps return on investment every time .
Just because you’ve worked with someone for a long time doesn’t mean you should keep working with them. Contractors, vendors, lenders — if quality drops or priorities shift, you have to audit and upgrade. Loyalty is earned through results. Not history.
One of the biggest lies in real estate: “More deals = more success” Truth is, I’ve seen teams doing 20+ deals/month barely survive. Revenue looks good. Profit is what keeps you in the game. In this high-rate, uncertain market—lean ops and healthy margins matter more than ever
Good idea
@landmeir Do you build out all of the work flows yourself? Or do you have somebody that builds out the systems?
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