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University Financing - If you want to educate yourself

bacane said:
Nothing like facts driving a conversation or debate. Too bad this wasn't posted a week earlier, so the clowns controlling the board could have been educated. It seems a fair number have vanished post-signing day.
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wspcane said:
Couple of points. Most of the building going on in Miami is either in downtown/Brickell area or on the water. This is the City of Miami, not Coral Gables. However, with the traffic around town, I am not sure some of the other sites are feasible either. The space needed for a 25k soccer stadium is different from what we would need.

The only way a stadium is going up on campus from a footprint perspective is if they fill in the lake. That is not happening for a multitude of reasons. Even if the school were to want to do this, which they would not, there is a 0% chance the city of Coral Gables would allow it from a traffic perspective. We still have space for a couple of thousand more seats in the basketball stadium that we cannot use because the city will not permit more than the number of seats we have now. Where Miami carries more weight is at the county level, as we are a huge employer. However, a very minute percent of those employees live in CG or spend money in CG. UM also nearly put Jackson under with its asinine UHealth plan, so I am not even sure it has much good grace with the county at this point.

Your example of the Giants Stadium above... that was part of their Olympics bid and was going to be built on a platform above the rail yards on the west side of the city. One, that is a feasible task from a space and engineering perspective. Two, the city actually supported it, as it was key to the Olympics bid.
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Everything here is great, but honestly, the space that Lake Osceola takes up would not be large enough for a football stadium. And of course that doesn't address parking. Or the fact that it would be in the middle of campus, at a private university, meaning you'd have 70,000 people just walking around campus. All the stadiums I've seen/been to are on the perimeter of campus for this exact reason.
 
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CashMoneyCane said:
Listen bud. I managed billions of dollars in investment portfolios for the ultra-rich. I know what I'm talking about regarding investment performance and could take you to school on portfolio management all day long.

I didn't write a freaking research paper saying the returns were good. I took a second, looked at it, thought about it in context, and made the response. We also have no idea how much the University drew on the endowment.

You're nitpicking something in an attempt to sound intelligent. It's not working.
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Wow. I made a point based on bullchit you stated. Pretty good returns. Seems like a strong claim that is unfounded.

I guess only at Miami we use money in our endowment. No other school touches their endowment.

Let me know when you come across research that shows 57% over 15 years is pretty good.
 
CashMoneyCane said:
There was no interest because it is not financially justifiable for an institution like Miami to own an enormous capital asset to use six times a year, at best.

And that doesn't even touch on zoning and local approvals. How do you have any idea, at all, that the University didn't explore building a stadium there?

You sound like you're talking out of your ***. Show me some proof that a feasibility study was never conducted.
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You’re not addressing my points. Also, why does a stadium only need to be used six times per year? If you own a stadium, are you only able to use it six times? Can you throw concerts? How about other events?

How can I prove a negative? You want me to prove that the university never conducted a proper feasibility study with dd and everything on the land by the zoo?
 
Consigliere said:
Wow. I made a point based on bullchit you stated. Pretty good returns. Seems like a strong claim that is unfounded.

I guess only at Miami we use money in our endowment. No other school touches their endowment.

Let me know when you come across research that shows 57% over 15 years is pretty good.
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I'm dying at this. EVERY SINGLE SCHOOL touches their endowment. What the **** would be the point in having one if it's untouched genius?

I made a remark on the fly. I'm sure you have absolutely no idea what geometric averaging is or how that impacts an investment portfolio's return when there are massive investment losses in the dead middle of the period being discussed.

Yes, saying "pretty good returns" is an extremely strong claim on a message board about football when making a quick response.

You have absolutely no idea what you're talking about and you just proved it. The return is entirely predicated on the return of the asset relative to an asset of comparable risk. That kind of return on a cash portfolio would be amazing. Typically an endowment will have substantial holdings in private equity and real estate. Their return patterns follow a J-curve. You might want to look that up.

You sound like a little girl. Try coming at me with something you can actually argue because all you've done is prove your ignorance here.
 
Consigliere said:
You’re not addressing my points. Also, why does a stadium only need to be used six times per year? If you own a stadium, are you only able to use it six times? Can you throw concerts? How about other events?

How can I prove a negative? You want me to prove that the university never conducted a proper feasibility study with dd and everything on the land by the zoo?
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I'm not addressing your points because they're pointless. You have yet to say anything remotely intelligent, germane or substantiated. You claim that the University didn't try. If you know you're right, prove it. Otherwise stop talking out of your *** and go back to a thread where you don't have to use the minuscule brain you're trying to wield.
 
OP did a great job here and I assume is correct, but let me put a nail in it. Texas has more money than god, delves it out by the dumptruck load, all in on football top to bottom, what they got ?? 1 measly *** chip in 45 years, Miami is special, in a special place, nothing like it in America. If we hired a damm good coach, and he had some support, we dominate, period
 
CashMoneyCane has touched on it but everyone is ignoring it: The 800lb Gorilla for an on-campus stadium, access and parking. But hey, a Palmetto Expressway extension to a new stadium is a snap and just like the OB, the good people of Coral Gables and South Miami will gladly open their gates and allow parking on their manicured lawns!
 
CashMoneyCane said:
I'm dying at this. EVERY SINGLE SCHOOL touches their endowment. What the **** would be the point in having one if it's untouched genius?

I made a remark on the fly. I'm sure you have absolutely no idea what geometric averaging is or how that impacts an investment portfolio's return when there are massive investment losses in the dead middle of the period being discussed.

Yes, saying "pretty good returns" is an extremely strong claim on a message board about football when making a quick response.

You have absolutely no idea what you're talking about and you just proved it. The return is entirely predicated on the return of the asset relative to an asset of comparable risk. That kind of return on a cash portfolio would be amazing. Typically an endowment will have substantial holdings in private equity and real estate. Their return patterns follow a J-curve. You might want to look that up.

You sound like a little girl. Try coming at me with something you can actually argue because all you've done is prove your ignorance here.
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So you made a bullchit claim and a chit point and then played with your babydik on your tangent.

Cool beans!
 
CashMoneyCane said:
I'm not addressing your points because they're pointless. You have yet to say anything remotely intelligent, germane or substantiated. You claim that the University didn't try. If you know you're right, prove it. Otherwise stop talking out of your *** and go back to a thread where you don't have to use the minuscule brain you're trying to wield.
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How do you prove a negative?

Pretty good returns?
 
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Consigliere said:
How do you prove a negative?

Pretty good returns?
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OK little girl. What else you got beyond not liking an opinion?

Still waiting for something intelligent to come out of your mouth and I don't expect it to ever happen.

Are you just butthurt because I wrote a logical post that you don't want to be true?
 
CashMoneyCane said:
OK little girl. What else you got beyond not liking an opinion?

Still waiting for something intelligent to come out of your mouth and I don't expect it to ever happen.

Are you just butthurt because I wrote a logical post that you don't want to be true?
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I disagreed with your chit opinion and I think you would benefit from a reading comprehension class. Please see my OP which you commented on.

Enjoy your tangents and your babydik.
 
Consigliere said:
I disagreed with your chit opinion and I think you would benefit from a reading comprehension class. Please see my OP which you commented on.

Enjoy your tangents and your babydik.
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Thank you for your input on my opinion on investment performance results. It is extremely significant to me, as a professional portfolio manager, coming from you, as, well... no one with any professional experience in investments as far as I can tell. You are clearly the consummate professional and highly-educated and experienced on this topic.
 
CashMoneyCane said:
Thank you for your input on my opinion on investment performance results. It is extremely significant to me, as a professional portfolio manager, coming from you, as, well... no one with any professional experience in investments as far as I can tell. You are clearly the consummate professional and highly-educated and experienced on this topic.
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Oh that so nice of you and your “pretty good” opinion.
 
Jaromir Jagr said:
This is when you outed yourself as a fraud. Does the indoor practice field require parking for 60,000 fans? Think before you post.
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I was replying to a post that said the city of coral gables wouldn’t allow a girl’s school to build a gym. I’m pretty sure our IPF if s bigger project than the girl’s gym, right?

The point was just that UM can build stuff on its campus.

The new dorms are another example.

Or should we never expect another building to go up on campus, because coral gables won’t allow it?
 
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Empirical Cane said:
Of course with your Ivy League degree (so fancy!), you would have a much better understanding of the following than is knuckle dragging mouth breathers:

- Beckham Group (pre-Mas) flirted with University...BoT said not only no, but **** no because the project wasn't viable from a cost, size, and dual sport "doesnt work for either perfectly" standpoints
- Beckham hasnt been offered anything by City or County
-- They have been flat out rejected on what, 4 top choices (berthing slip would have been cool)
-- He BOUGHT the Overtown parcel...and now that is an albatross
-- He brought in Team Mas because they are Miami favored sons, have the payola, amd the political muscle to drive it through at airport
-- It's much more than tje stadium...retail, commercial, dining development that just happens to have a stadium attached to it...i tjink tje price tage is now north of $2B...not a core U function...not .bad idea, but Miami would run that anout as well as they did tje Jackson merger...and that is a LICENSE to print money

I'd go on, but would only.bore you as you read higher ed Ivy league books that smell of.brandy and fine leather
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I do enjoy a fine glass of brandy.
 
CashMoneyCane said:
Everything here is great, but honestly, the space that Lake Osceola takes up would not be large enough for a football stadium. And of course that doesn't address parking. Or the fact that it would be in the middle of campus, at a private university, meaning you'd have 70,000 people just walking around campus. All the stadiums I've seen/been to are on the perimeter of campus for this exact reason.
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More great points. In addition, MDC would NEVER IN A MILLION YEARS approve the filling of Lake O.

Far too intergral and irreplaceble to parcel's storm water management.
 
RightSaidFred said:
I was replying to a post that said the city of coral gables wouldn’t allow a girl’s school to build a gym. I’m pretty sure our IPF if s bigger project than the girl’s gym, right?

The point was just that UM can build stuff on its campus.

The new dorms are another example.

Or should we never expect another building to go up on campus, because coral gables won’t allow it?
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Because they are generally considered within the currently approved use. The platting alone would take years.

Those buildings you mentioned don't drive additional traffic trips.

A stadium? Coral Gables will seceed from the Union before a stadium is ever approved.

I wish Miami had its own facility, its just not in the cards.

Should have been built in 40s, wasnt, opportunity forever missed.
 
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