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Yeah that guy is a nutter. There is absolutely no way to bank $15m after-tax in a continuous risk-risk free manner. And his plan does contain banking a 46x ret
by jpeg_hero 8y ago
Yeah that guy is a nutter. There is absolutely no way to bank $15m after-tax in a continuous risk-risk free manner.
And his plan does contain banking a 46x return on his yet unconceived start-up ($500k -> $23m is 46x, Minus 35% for taxes in CA)
This is a discontinuous event. This is not “fat FIRE.” This is called trying to spike it and get rich, like everybody else in this town.