LC

Yeah I think it's BS to say it's "too dangerous" when at the time everyone is OK with wining and dining. It's obviously an excuse because they don't want to go to the office. Most people I speak to say they want a flexible office schedule, go in 1-3x week. My guess is to either get away from their kids/partners (older employees) and or socialize with colleagues (younger employees). And sure, some folks are admittedly more productive in an office. My guess is most companies will downsize office space, leverage a shared hotel-ing structure, and allow flexibility. That seems like a good compromise to me.

Well that's a different story. Yeah, when you're paid by The Man, you do what you're ordered to. But if you're going to argue that "the recovery" hinges on people going to an office...or that The Man's orders are the most effective...I'm going to disagree. Hell, I've got people who were "ordered" to return to the office in NYC in september. So they show up, and now they have to wait in line for 2 hours EVERY DAY to get scanned in manually because security is checking vaccine IDs and such, and are too swamped to issue new IDs to people who joined in the last 1.5 years. So now I've got my people wasting 3, 3.5 hours of their life (Waking up and getting ready to commute, commuting 30-45 min, waiting in line for 2 hours, getting setup at some hotel system workspace, etc.) just to start working. They're exhausted and frustrated at the end of this...and now they have to start "work". And how do you think their work quality is? I do highly technical shit, I need these people's brains to be sharp and energized. I'd rather them roll out of bed in an old t-shirt and boxers, make a cup of coffee, eat a damn banana, log onto to their laptop that is sitting on their kitchen table, and get to work. Forcing people to do something unnecessary and inefficient isn't good for anyone. And if I were them I'd be looking elsewhere for employment (and the ones who don't need work VISAs are). So now I've got higher-than-normal turnover, again in highly-technical roles where it takes 6 months to really onboard people. So the whole thing is a hot mess and total BS. And senior management/employers know it, which is why nobody is getting fired. And it's why we've got open roles paying well into the six figs, why we can't fill them, why we are paying offsite consultants to stopgap, those consultants who are sitting and working from their kitchen/living room in places not-NYC. So pretty much the entire "get to the office" orders just mean employers are paying MORE to consultants to work-from-home

Nobody wants to go to the office because everyone knows you can get the same job done in 35% of the time at home without all the office BS. LOL. The economy is doing just fine - despite empty office towers. So how useful are they, really?

Interesting. Buffett really was/is a master at using/leveraging people.

or to paraphrase charlie munger, if you cant stomach seeing your investments drop 50% then you have no business investing in common stocks and you deserve your mediocre returns.

Here let me break it down for you -don't become a junkie -exercise and stay healthy -be generous with other people Not rocket science but the best messages are worth repeating.

Welcome, and thanks for sharing!

Maybe not die hard...but matt & trey just bought casa bonita

Perhaps it would be a good idea to start a thread discussing potential innovative ideas and related companies. Greg and CRISPR comes to mind Isochoric freezing is something I just read about https://www.ift.org/news-and-publications/food-technology-magazine/issues/2019/november/columns/isochoric-freezing https://escholarship.org/uc/item/6nw3q238 https://www.sciencedirect.com/science/article/abs/pii/S0963996921001277

I wonder (I don't have the $$$ nor the time...yea the time... to have explored this) but let's say I have a $5B IRA. Can I make a deal with some financial institution headquartered in Panama or Poland or whatnot such that I carve out $1B of my IRA into a completely separate account and allow them to fully manage it, with the agreement that when I am able to redeem my tax free distributions, they own the full distribution of that entire account, in exchange for a $1B interest-free loan today?

I always liked Buffet's partnership letters, Klarman's book. I think between those 2 you're good to go. Then take some money and get to it. You learn by reading but you only really understand when money's @ risk.

Nonino is what I usually recommend as the beginner amaro because it's very inviting https://www.acouplecooks.com/amaro-nonino/ That said the best thing is go to a restaurant with a well stocked bar and try a handful, as there is quite a large variation in flavor. Cheers

Been enjoying amaro's and ice recently. I call it the grandmother's liquor shelf: cynar, montenegro, ramazotti, strega, etc. Sweet, bitter, spicy. Yum.

Interesting that fixed axis PV is still cheaper than one axis

I've got a 2013 CRV which is still kicking. 9 years on and I've only put 12k miles on it so you can tell how little I drive. 1.5K of that was driving out NY-CO and the majority of the remainder was in the last few years driving Denver to the mountains. Therefore, the best car is an Uber/Lyft.

Speaking from extensive experience, Westchester is not the place you want to be. It. All. Sucks.

The simplest response to the title of this thread "THE TOP is coming": When?

I guess the issue is if you are dumping private shares into an IRA you can value them however you'd like? Wouldn't it be abusive if I can throw my HouseCo. LLC into an IRA and value it at .001c/share, then sell it for $XX Millions and pocket the change tax free?

Sure, and we are all grateful that AOL popularized home internet back in the 90s. But that doesn't mean I am going to be an AOL customer today.

This was the smoking gun in retrospect, although as it has been correctly noted, not really too important.

Or the zilions of brokers that allow purchase of partial shares. Robinhood is crap. Look at all the GME / wallstreetbets investors who were screwed when robinhood restricted trading. They are pure garbage in my eyes.

I did the same. Prefer puts but the premium is a bit high. NFLX has quite a bit of headwinds ahead of it. Competition is not going anywhere and will just intensify, I am not sure where they can squeeze additional growth, and with COVID winding down, my guess is more people would prefer to be outside vs. their living room. I also rarely short so this is a smaller % of the portfolio compared to Greg's above.

I think it is a great topic. Max world population estimates are I believe 8? billion. So we have some room to grow, still. More interestingly will be the efforts to maximize human resource allocation. How much of the world is in poverty? Uneducated? No/Low skilled laborers? The big question to me (moreso than AI which I think is a bit of a distraction) is how societies will utilize these people.

Why not just make it an option?

There is a setting in your account settings you can select for how to navigate topics.