36 karma · joined December 27, 2022
I obviously am I biased, and think this is very very cool. There are many intangibles here beyond the budget numbers; a bit of history, a bit of whimsy, a bit of color to what is often utilitarian (public transit). It certainly attracts tourists to the city (I was pretty surprised at the number of out of towners at Muni heritage weekend).
But I do think it's important, not just for tourism but also as a legitimate connector along the Embarcadero corridor that otherwise has no public transit along it. Agree that a breakout of the cost of maintaining these things would be appreciated, not sure if that exists in clear terms, but I don't think it's massive. For example Car 162 was damaged in a collision in 2014, and took 12 years to fix and return to service. For many gripmen / Muni restorationists working for the city, it's a side project.
And while I'm here, I'd be remiss if I didn't post an article about Maurice Klebolt, one of the biggest advocates for vintage transit in San Francisco. It describes how he acquired car 106 from the Soviet Union [2]
[1]: https://www.streetcar.org/streetcars/162-162-muni-1950s-live...
You have a 500k portfolio, and you spend the average amount week managing your portfolio (12 hours). If you were to achieve a 2% alpha (which is considered insanely high for any actively managed fund, and almost impossible to replicate year after year), you have made an excess $10k over what you would have made investing your portfolio in a benchmark.
On an hourly basis that's about $16 per hour spent... you could get more reliable income working at a gas station in California. And of course, most people are not investing $500k, the vast majority of day traders are probably pulling their hair out managing <$100k...
How does something occurring in Palestine justify this? Tying the actions of Jewish militias to your local Jewish population is antisemitic… if they expelled them to protest the creation of Israel, then that isn’t anti-Zionist. That they mostly all ended up going to Israel is ironically supporting the Zionist cause