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.
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?
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.
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.