Was it just me or was that LP update nothing new?
11 replies (most recent on top)
@j6 shh, you aren't supposed to see the big picture and notice the pattern. Everything is super great, just buy the LP offer and pretend PP/ELT love all of us and would never hurt us again.
@dc to ultimately eliminate the class A shares. Right now there is an option to convert A to B. Eventually there will not be an option, imo. The ultimate goal is to eliminate the monthly guaranteed payment, which is a liability. But the ELT doesn’t want that known because it’s a step towards setting the firm up for sale.
Just buy, baby, buy. Possible 20% annual returns, 5 times cd rates.
@a7 - Then why have 2 classes of LP if both are variable? And the cap was stated in previous update. Makes me wonder how many people pay attention.
@ae Write a check. Address it to ELT. Add buy 2nd vacation home in notes line.
@am SM needs to be the first to go. Evil sow.
“For the first time in our history, EJ will be majority owned by our associates.” Does this mean we can vote out ELT?! Or at least PP?!
I am currently out on leave and can’t see the LP requirements. What are the requirements to purchase LP if you wanted to
I guess we aren't going public....this year lol
@OP agree. The usual nonsense
But the articles clearly outline a variable payment schedule for class A shares in addition to the guaranteed monthly - so I don’t know why there are so many people claiming they are capped at the monthly payout. Makes me wonder if they even work at EDJ…