jonfromsf

Business books are 99% slop.

Mamdani is going to destroy the entire pre-1974 multifamily housing stock of the 5 boroughs. It will happen really quickly (values already down 40%, 11% of owners are behind on their mortgages).

Just don't step-up cost basis at death and you solve the problem. Elon's fine, we can wait until he dies and his heirs sell their shares.

100%. I don't understand how anyone defends the "death loophole" for capital gains. If you get rid of it you could actually get rid of estate taxes, which are a kludge to capture some of the capital gains that are given away by resetting the basis at death. It's a nutty system we have right now.

I left last month. $250 a year or something crazy like that. Obsidian has a free web clipper, I'm planning on using that since I was just bookmarking stuff.

Stocks for the Long Run makes the pretty compelling case that over longer holding periods stocks are less risky than bonds.

Yes, for indie developers and small startups. Large corps won't want their code /email/etc data being looked at by the Chinese government.

I think the Malm has the highest body count of any individual piece of furniture on the planet.

This is an amazing frame /reframe.

Gilfoyle? Is that you?

Defining your identity to other humans is incredibly useful. It's one of the essential tasks a human faces, and it makes all other tasks easier if done effectively.

The expectation that artists be "good people" always baffles me. Anyone who becomes a great artist has: 1)High levels of narcissism required to think the world needs to hear "your vision. 2) High levels of sociopathy to thrive in a snake pit like the art world or Hollywood. It's even stranger than if someone expected CEOs to be good people (which we don't).

After a decade, "founder of X that I no longer work at" is considered a lame answer. People want to know what you are doing now, not your highest claim to status of your entire life.

I wouldn't be surprised if 80% of Stanford students are anxious or depressed. Isn't everybody, especially young kids who have spent the last decade going through the meat grinder of prepping for elite college admissions?

Fascinating. I wonder what drives the male aggression towards unicyclists. Is it a response to perceived competition (another male doing something attention-getting: must put them down to maintain my place in the male hierarchy)? Is it enforcing male norms of being "serious", conformist, etc?

Remade was snappy but Fall went on forever.

Why does he sweat so much? I prefer my technoligarcs to have a matte finish, not a glossy finish.

Environmentalists are just against progress. A few desert species going extinct is not a big deal. It's an arid wasteland. When we eventually terraform it (with desalinated water from solar / fusion) those species are going to die out anyway.

He needs uber. He needs google maps. Mostly it's not just about looking up information, it's about functionality.

Most people earn money over time. Putting these savings 100% into the stock market as you earn them is pretty reasonable. It’s only a sudden cash windfall that presents problems. The fix for that is to put money in 1, 2, and 3 year treasuries, and invest that money into equities as the treasuries mature.

They certainly solve the stated problem of concentration in a few tech companies. But I agree, non-tech companies are overvalued. Bonds are terrifying, they’re a bet against inflation and in favor of the US dollar. MLPs and oil companies are a nice place to stash money because they aren’t correlated with tech. MLPs flow about 7% tax free yield which isn’t bad. Bitcoin and Gold are good hedges against inflation.

Just buy $RSP or a similar equal-weightage ETF.

You might like FailCon. https://thefailcon.com/

And done by professionals, not homeowners. Honestly most people aren't very good at managing home maintenance, so this makes a lot of sense at scale.

NVDAs advantage is software, not just hardware. Would be amazing to have a competitive market but better hardware won't be enough to make it happen.

I don't understand this plan. Won't you lose all the money you spent buying the houses and building the quadplexes?

These were a huge part of the American social fabric in the past. Most of the organizations are still active, although smaller than before. There's Freemasons, The Elks, Rotary International, American Legion, VFW, Knights of Columbus, Loyal order of Moose, Shriners, Lions Club, Kiwanis ...

The obvious answer is to invest in ETFs that hold bitcoin, in a traditional brokerage account. Ironic that it comes to that (given that bitcoin was supposed to take down big finance). But it is the most straightforward and safe way for someone to own some amount of bitcoin.

Cities are lecking grounds. They're places for people to date. Once they get married they move to the suburbs.

If women wanted bigger pockets, you could make a lot of money selling them pants with bigger pockets. But everyone who tries that fails. Women would theoretically like bigger pockets, but they care more about the fitting and look of the pants. And pants with bigger pockets don't look as good.