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[@for_yield](/creator/twitter/for_yield)
"@nerdcircus_ they call me rook in gowanis"  
![@for_yield Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::340454668.png) [@for_yield](/creator/x/for_yield) on [X](/post/tweet/1947774865454293410) 2025-07-22 21:44:50 UTC 17.9K followers, XXX engagements


"Stu Sternberg selling the Tampa Bay Rays at $1.7bn a pretty incredible story. Guy was equity options trader went to Spear Leeds & Kellogg then partner at Goldman until 2002. Buys Rays for $220mm in 2004 XX% share so he's in at $100mm. Sells rays XX years later at $1.7bn"  
![@for_yield Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::340454668.png) [@for_yield](/creator/x/for_yield) on [X](/post/tweet/1945146533453946889) 2025-07-15 15:40:47 UTC 17.9K followers, 28.6K engagements


"So is your view that basically: (i) private fund managers are only good at offering real estate vehicles which allocate for institutions there's no feasibility to the idea that you can get exposure to the asset class with similarly low vol as a non equity market correlated class there's diminishing returns beyond a certain level and conflicts of interest in allocating opportunities (ii) private fund managers *could* be good at it but they can't offer it at a competitive cost scale en masse to retail investors i.e. retail fees too high and broker dealer distro + platform fees + offering fees /"  
![@for_yield Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::340454668.png) [@for_yield](/creator/x/for_yield) on [X](/post/tweet/1945566954804183440) 2025-07-16 19:31:23 UTC 17.9K followers, 1018 engagements