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qaexl
searching PlanetScale…
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23 ms
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151.
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qaexl
18y ago
Continuing on that vein, the outcome Ferris's model is different from Paul Graham's. The Paul Graham model involves the growing of wealth in terms of stock value, with an exit strategy of selling those shares to an outside company or possib
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qaexl
18y ago
Ah yeah. One more point to mention: Another investment vehicle is owning a share in a LP/LLLP -- limited liability limited partnership. They're usually formed to own real estate or a chunk of infrastructure, such as a cell phone tower, or a
153.
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qaexl
18y ago
Hmm, I put my foot in my mouth on this one. "Passive income" for me is defined in terms of how much time I have to spend for the income. If I have to spend a lot of time, that's active income. My statement, "it is taxed much higher than pas
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qaexl
18y ago
Sadly, in some cases it is function generation(input) { output = input - 1; generation(output); } ... particularly in cases of dysfunctional families.
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qaexl
18y ago
Going further with this, it also subtly screws up the kid when the kid feels he is responsible for his parents' happiness. This study shouldn't be that surprising. It is adequately explained by Fruedian/Jungnian psychological theories.
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qaexl
18y ago
Going off topic for a bit, my major financial goal has always been financial independence, as defined by having enough passive income to exceed my monthly expenses. Or put in another way, income from rents, leases, royalties, dividends ...
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qaexl
18y ago
The major flaw with this article/study is that it defines wealth in terms of income rather than net worth. It would be interesting to see how much time high-income/low-net worth people spend their time in comparison to low-income/high net-w
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qaexl
18y ago
Josh Waitzkin, the subject of "Searching for Bobby Fischer" wrote a book called "Art of Learning". In there, he describes one method he was taught to increase the amount of time he can sustain his focus -- interval training. He was first ta
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qaexl
18y ago
You have to document it in board meeting, and spell out the terms of the repayment. If you want to keep liability protection. From what I understand, if the opposing lawyer can successfully argue that you appear to be commingling funds and
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qaexl
18y ago
If you look around, you'll see some interesting things. When I go to Arby's, I sometimes read who actually owns their registered trademarks. It reads something like "Arby's Intellectual Properties, LLC" (don't quote me on that, but it is an
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qaexl
18y ago
Disclaimer: I'm not a lawyer, this is not legal advice. Most of this stuff I've read through Nolo publications and other books and the rest I heard while talking to people, so check with your own lawyer. (3) S-Corp like a C-Corp requires yo
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qaexl
18y ago
In the context of decision making, emotions are those impulses within you that you perceive to "move". Though there are lots of emotions -- anger, hatred, jealousy, joy, lust, etc. -- those emotions come from two basic sources: fear (repuls
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qaexl
18y ago
The guy's older article is just as interesting for the confusion. ( http://www.texasstartupblog.com/2007/08/09/timothy-ferriss-r... ) He takes the example of one person who has ruined his life. Ruined how? The guy is no longer a customer. H
164.
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qaexl
19y ago
Conversely, I don't like chips and salsa with my burrito, I think it is a waste of money, and that's why I avoid Willy's and Moe's and stick with Chipotle.
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qaexl
19y ago
My parents are Taiwanese. I was raised in America for most of my childhood. I got to see how my Americans friends hanged out both as a teenager and as a professional. I got to see how my parents friends interact with each other. As tx wrote
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qaexl
19y ago
It was worth it to me. It's the kind of book you give to a kid who is too brilliant than his own good: smarter than the teachers and authorities around him yet still treated like a second-class citizen and never an adult. All of my friends
167.
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qaexl
19y ago
There are other societies who force this issue through a rite of passage. Though that can be just as crippling. I don't have to imagine the crippling effects of this. I've met a few people whom I can see it happen. As for myself, though I'v
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qaexl
19y ago
Neato, and thanks :-)
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qaexl
19y ago
Ender didn't win all of his fights. He gets regularly beaten up by his older brother. Remember this? Ender didn't like how his bullies fought, strong versus weak. He didn't like how he fought, smart versus stupid. And none of it worked with
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qaexl
19y ago
Change what you can change. The parents may find changing the environment easier than changing Billy, and Billy may find changing himself easier than changing things around him.
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qaexl
19y ago
The funny thing about hackers is that they have the intellectual capability to hack their own life, and rarely try. Users who merely use a computer system don't get that feeling hackers get when they are able to push into that creative real
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qaexl
19y ago
So maybe, someone's life situation also has a "tipping point". I hear ya though. I didn't get beaten up, but I felt like a loser for a long time. It was made worse because I was naturally able to get a lot of things right, the first time. A
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qaexl
19y ago
Were you empowered by someone else, or did you seize on this yourself? In my (purely anecdotal) experience, telling someone they have a "choice", or they can change things, ... it does not work very well. That experience of knowing you can
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qaexl
19y ago
'From the article: "She wonders why Billy is the only one getting beaten up" Apparently not in his case.' That's still circumstantial. I'm not saying the kid could use some more personal responsibility and take initiative. We don't even kno
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qaexl
19y ago
That might not be a great idea, not because of the violence involved, but because that twists the training. If the kid lucks out, he'd find a training group willing to work out whatever it is that is attracting bullies to him. If he doesn't
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qaexl
19y ago
"I'm sure Billy thinks he can't reverse the tide because everyone knows him and how he gets beat. But throw him in a new neighborhood where nobody knows his past at all, and I'll bet you the same problem will occur. That's because he's proj
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qaexl
19y ago
Ender's Game.
178.
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qaexl
19y ago
I found this at Joel's Reddit: http://angryaussie.wordpress.com/2008/01/31/dealing-with-the... It lead me to this FastCompany Article: http://www.fastcompany.com/magazine/96/open_boss.html?page=0... There's a particular part mentioned o
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qaexl
19y ago
While most people here are trying to escape the office, this article is interesting, in particular for the reference: http://www.fastcompany.com/magazine/96/open_boss.html This other article is longer and talks about how CEOs of companies
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Dealing with the Office Psycho
(angryaussie.wordpress.com)
4 points
by
qaexl
19y ago
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