+0.0
net board stance
what this means
95.73
-0.5% · close 2026-11-06
+8% / -2% / +12%
1m / 3m / 12m
-7%
vs SPY since 2025-08-01
71%
of 52w range · -4.3% off high
—
hit rate as primary
Where All-In Alpha stands — 0 live ideas
No active idea holds this ticker. Anything below is history.
Where the winds are blowing
NET BOARD STANCE, LAST 60 EPISODES —
rising = the besties are building this position, falling = abandoning it. From the
conviction ledger; an idea counts from birth until its window closes. Dots mark episodes
where this ticker's ideas were actually mentioned; a dashed stretch is silence.
Last mention E165 · silent for 130 episodes.
PRICE VS SPY OVER THE SAME WINDOW, % — did the
talk lead the tape or follow it?
Who's pushing which way
each voice's net push ON THIS TICKER — their most recent stance per idea × that idea's direction ON THIS TICKER × strength, so supporting a bearish idea pushes down, unless this ticker is listed as the other side of it. Not conviction (that lives on the idea); this is direction of travel per person. what w= means
Track record on VNQ
No closed window has used this ticker as its primary play, so there is no scored record here yet. Adjacent plays are listed but never scored.
| idea | call | play | result | return | vs SPY | scored |
|---|---|---|---|---|---|---|
| 🏛️ Washington rescues commercial real estate with a structured lending program | ▲ LONG | adjacent | HALF | +9.9% | -18.3 | 2024-07-09 |
The tape — what was actually said
every capture on any idea holding VNQ, newest first · quotes verbatim, timestamps deep-link into the episode
Jason
support ×2
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E165 · 2024-02-09
▶ 1:26:45
I mean, Janet Yellen is going to bail these folks out. That means you won't bail out the banks themselves, but you'll bail out the creditors, obviously. The people holding the bag. They'll get bailed.
Friedberg
support ×3
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E165 · 2024-02-09
▶ 1:12:28
And this is where, going back to my speculation a couple months ago, kind of gets revisited, if you're actually talking about a two-third write-down on the value in these funds, most of that being pension funds, you're not going to see governments let that happen. You're going to see the federal government. There's going to be some action at some point... there's going to need to be some sort of structured solution to support retirees and pensioners, because that's ultimately who ends up holding the bag in this massive write-down.
Friedberg
support ×3
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E152 · 2023-11-03
▶ 38:31
I personally think they're just trying to find more ways to pump money into supporting commercial real estate markets because of the issues we just highlighted. And I think this is the first of what will likely be several programs to support, framed as things like affordable housing, but really designed to support the economic loss impairment that's going to be inevitable at some point.
Sacks
oppose ×2
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E152 · 2023-11-03
▶ 36:59
So I mostly see this Biden program as symbolic, but the question is whether the symbolism will actually drive better behavior by these blue cities.
Brad Gerstner
oppose ×3
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E136 · 2023-07-09
▶ 46:54
I just don't think it's that draconian. Rates are not that high.
Friedberg
support ×3
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E136 · 2023-07-09
▶ 42:52
I'll make a prediction right now. My prediction is the federal government is going to help to monetize that debt, and they're going to help to support that commercial real estate sector through some sort of structured lending program.
Chamath
oppose ×2
▲ on
🏛️ Washington rescues commercial real estate with a structured lending program
E136 · 2023-07-09
▶ 42:52
Do you think there's going to be a TARP-like program for real estate assets and for private... I'll take the other side of that.