"My wish for Xmas this year is that the market gods will reform some of the regulations that make it so onerous to go public, allowing public market investors to have more variety in their buffet of choices and not let all the high-growth to private investors and VCs."
🙏
I'd be interested in hearing your opinions on "Accredited" investor rules. I understand that it is meant to protect less "sophisticated" investors, but at the same time, it also looks like a gate that privileges wealthier individuals. The income/wealth requirements haven't changed for as long as I've known of them, making it seem even more arbitrary.
Been surprised there isn't more pushback against them with the general sentiment these days against those sorts of gates.
Those are my thoughts exactly. Many of these rules seem out of date, arbitrary, or even a form of capture. Then we have these weird workarounds like Kickstarter or the crowdsourced investment companies.
For a long time, I've thought that if we focused more on financial education and capital allocation at the lower end of the spectrum, we would likely see less wealth inequality and a net positive effect on the macro economies. Also, spreading the allocation to a much wider group would make the system more robust to failure. In practice, 100k people losing $1 is not the same as 1 person losing $100k.
I'm not an economist or financial expert, though, so ¯\_(ツ)_/¯.
Love and very much agree on the point about using AI as a checker for academic papers. It would be great to see this particularly on the open source archives that don't yet have peer review but feel pretty much all papers would benefit.
Need to do a complete switch to metal, wood, glass, and silicone. My achilles heel is the plastic restaurant take containers. It's hard to beat them for easy storage. I cook a lot of meals for our aging parents, and they work well for transport. I can keep a large enough quantity around that I don't have to worry about getting them back.
I picked up a set of hexclad pans at Costco not long ago, and I've been happy with their performance. My go-to is usually cast iron or stainless, but I find them a good compromise between those and non-stick.
You seem to be doing pretty good. It's not binary, and there can be diminishing returns. If the convenience means that you do more of a good thing, then maybe the convenience is worth it.
As Peter Attia says, we have to be careful not to major in the minor and minor in the major.
OMG that Nirvana jazzed video is so unbelievably good, thank you for sharing it. I've enjoyed many of the Drumeo videos (despite being a guitarist) but that one is next level. I love jazz but have never really learned to play it. My middle-school guitar teacher always said jazz players tower over everybody (see Living Colour's Vernon Reid) and this is more proof. So good!
"My wish for Xmas this year is that the market gods will reform some of the regulations that make it so onerous to go public, allowing public market investors to have more variety in their buffet of choices and not let all the high-growth to private investors and VCs."
🙏
I'd be interested in hearing your opinions on "Accredited" investor rules. I understand that it is meant to protect less "sophisticated" investors, but at the same time, it also looks like a gate that privileges wealthier individuals. The income/wealth requirements haven't changed for as long as I've known of them, making it seem even more arbitrary.
Been surprised there isn't more pushback against them with the general sentiment these days against those sorts of gates.
These rules are all based on self-reporting too, afaik.
Doesn't make much sense to me, especially when any random investor can gamble on meme coins, but can't invest in SpaceX ¯\_(ツ)_/¯
Those are my thoughts exactly. Many of these rules seem out of date, arbitrary, or even a form of capture. Then we have these weird workarounds like Kickstarter or the crowdsourced investment companies.
For a long time, I've thought that if we focused more on financial education and capital allocation at the lower end of the spectrum, we would likely see less wealth inequality and a net positive effect on the macro economies. Also, spreading the allocation to a much wider group would make the system more robust to failure. In practice, 100k people losing $1 is not the same as 1 person losing $100k.
I'm not an economist or financial expert, though, so ¯\_(ツ)_/¯.
Love and very much agree on the point about using AI as a checker for academic papers. It would be great to see this particularly on the open source archives that don't yet have peer review but feel pretty much all papers would benefit.
Absolutely! Lots of low-hanging fruits, and anything you find is bonus, I don't see much downside.
thanks for boosting the gofundme! 🙏
🫡
Need to do a complete switch to metal, wood, glass, and silicone. My achilles heel is the plastic restaurant take containers. It's hard to beat them for easy storage. I cook a lot of meals for our aging parents, and they work well for transport. I can keep a large enough quantity around that I don't have to worry about getting them back.
I picked up a set of hexclad pans at Costco not long ago, and I've been happy with their performance. My go-to is usually cast iron or stainless, but I find them a good compromise between those and non-stick.
You seem to be doing pretty good. It's not binary, and there can be diminishing returns. If the convenience means that you do more of a good thing, then maybe the convenience is worth it.
As Peter Attia says, we have to be careful not to major in the minor and minor in the major.
OMG that Nirvana jazzed video is so unbelievably good, thank you for sharing it. I've enjoyed many of the Drumeo videos (despite being a guitarist) but that one is next level. I love jazz but have never really learned to play it. My middle-school guitar teacher always said jazz players tower over everybody (see Living Colour's Vernon Reid) and this is more proof. So good!