A basterdization of no shizzle sherlizzle (no shit sherlock), which loosely means "no shit my friend"
As they were walking down the street, Duncan exclaimed to his buddy Rasheed, "Hey look at dat guy about to get runned over by dat garbage truck -- I bet dats gonna hurt!" Rasheed, duely impressed by his dimwitted friend's powers of observation and his ability to grasp a blinding glimpse of the obvious, replied, "no shizzle my frizzle."
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.