“I never underwrite to a lower cap rate… if cap rates increase, you totally miss your mark.”
FP
Frank Patilano
Ironclad Underwriting Podcast ·
“‘Inefficiency is good for tankers because it causes ships to go in inefficient routes, which causes the total amount of miles … to go up… ton miles is the real commodity…’”
Monetary Matters with Jack Farley · The Most Extreme Shipping Market in History, Explained | J Mintzmyer on Why Oil Tanker Rates Are Up 25x and Why It Can’t Last (and Why Dry Bulk, not Tankers, is the Next Shipping Boom)
Play from 8:48
8:48
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
explained that war-induced rerouting (e.g., around Africa) increases total ton-miles, which drives tanker rates up
Said nearby on the same subject
“Brent is $100… tanker cost $35… plus $50-$60 a barrel for carrier strike groups… total price already $200 a barrel.”
JB
Jim Bianco
Monetary Matters with Jack Farley ·
“Increased our average view duration, increased our click-through rates”
♫
Said on Dropping Bombs
“That’s the ability of taking the mortgage we make, you lever that mortgage, and you get a total return in that range… base rate moved up… cost of debt has compressed”
♫
Said on Animal Spirits Podcast
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.