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Registered on:9/4/2017
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I am not singling out a demographic. If they are Americans they have as much right as I do to that spot. But as a tax paying Texan I am pissed if my kid doesn’t get in and a Chinese citizen does. Currently more than 10% of UT are foreigners


The UT student body is hardly recognizable anymore. In 5-10 years it's going to blow your mind. They need to quasi "privatize" in order to better control admissions. I'll let the big money / big brains figure that one out!
Couple thoughts

1) University of Texas and Texas A&M are becoming near impossible to get into for "normal Texas kids", largely due to Texas population growth. What used to be "top 10% auto into UT, top 20% A&M", has now turned into something like "top 4% into UT, top 6-8% into A&M". That top +/- 5% is reserved for i) truly truly talented kids and ii) kids with no lives outside of studying / parental pressure (yes, largely Asian demographic here)

2) Northerners coming south as all of the private liberal arts colleges are reaching tuition levels that are simply untenable given what jobs the students are getting (or put a better way, not getting) -- these folks head south to a variety of colleges; cheaper, better "college experience", same type of jobs available

Yeah but can't be reckless. Extreme example - contribute $5,000, buy $5,000 of XYZ stock, stock goes to $0, can't put money back in, so you "wasted" $5,000 of highly tax-advantaged dollars
Took them a little over a year to reach total depth. Have not completed the well yet so no production. This is the site of an old well that had downhole complications and was ultimately shut in - years going through insurance to recoup money; got a lifeline from the billionaire Moncrief family to drill this new one, easily over $100mm and likely over $200mm, approaching $300mm, when it's all said and done.

Publicly traded (highly illiquid) GULTU owns a 5% overriding royalty interest in this well and other prospects. History of all this is very interesting if you have the time. Freeport / Jim Bob Moffett origins

re: Rice University

Posted by Texas Tea 123 on 3/27/26 at 10:20 am to
Rice
--fantastic academic reputation
--opens many doors in Houston post grad, though same doors if not more can be opened by good grades and connections from UT, A&M, SMU, etc
--kind of a weird student body excluding athletes (nerdy, very Asian, etc)
--nice campus near the medical center / Herman park / museum district
--expensive
--as close to an Ivy as it gets south of the Mason Dixon (still not that close given geography, history, etc, but relatively the closest)
Nice guy that runs a clean program. LSU an absolutely terrible fit.
I mean how much can you sell it for? Most important detail..
Have the second kid. Being an only child sucks. Don't be selfish, the pain is temporary and the highs are so much higher.
Sorry if you full port into penny stocks you have a gambling problem lol

re: Venture Global NYSE Release

Posted by Texas Tea 123 on 3/6/26 at 11:23 am to
Shut down of Qatar LNG is driving the stock. VG is long LNG

re: Venture Global NYSE Release

Posted by Texas Tea 123 on 3/2/26 at 2:49 pm to
It's essentially a levered bet on the war w/ Iran
9 out of 10 junior miners are stock promotes.. particularly if they are listed on the TSX Venture Exchange

This is a corner of the markets that very very few have a clue about, including myself. Generally ends with people losing money

Alright folks

El Paso -->
Drone defense -->
???
Why? Because no one can do their own research?
They all move on the same factor which is industry agnostic.

Ex. "profitless volatile small caps" is a factor

Google "factor exposure" for more
Working til 5pm is for boomers

re: Austin to Houston

Posted by Texas Tea 123 on 1/25/26 at 10:13 am to
I have two little kids man. No need to be an a-hole when people are just asking for help.

Austin to Houston

Posted by Texas Tea 123 on 1/25/26 at 9:17 am
Random shot - any intel on making this drive today?

Thanks very much in advance.