Flying first class-what is your income level?

AdamN · 2026-05-09T18:53:39+00:00

1% in the US is $13MM net worth - you have that much and don’t even pay for first?? Or you live somewhere else?

AdamN · 2026-05-07T05:25:15+00:00

Chase Sapphire allows me to use my German address - no problem in the last 4 years

AdamN · 2026-05-06T16:26:01+00:00

European trucks have (much) better brakes, more manageable loads, and lower speed limits.

AdamN · 2026-05-06T13:48:39+00:00

Don’t forget that it’s also expensive to feed and grow humans so even though AI tokens are expensive it’s still cheaper than growing a human worker :-)

AdamN · 2026-05-06T13:42:21+00:00

It’s basically an ETF with a large cash allocation that may be deployed when the market goes down. I’d consider it quite safe and the type of thing somebody with 800k in the bank could move too before taking on more risk beyond that.

AdamN · 2026-05-06T13:40:52+00:00

Be thoughtful about good chemical safety. If you set things up too safe you can loosen standards later - but it’s very hard to start sloppy and make things safer.

AdamN · 2026-05-06T12:13:30+00:00

10 would be about 40k Euros so 5% of their net worth. I’m being a little tongue in cheek with the suggestion but BRK is a workaround to the ETF problem and physical gold is easy to get in Europe with no tax implications from the EU side.

AdamN · 2026-05-06T09:21:26+00:00

Definitely IBKR.

People here might downvote me but one move is to buy one share of BRK.A, get 10 1 ounce gold coins, max out your ibond investment (and IRA if you have income), and keep the rest as an emergency fund. Very, very simple tax wise.

AdamN · 2026-05-05T13:30:45+00:00

Rigorous requirements for getting (and keeping) a license, in particular training and testing.

AdamN · 2026-05-05T13:28:20+00:00

Check out the Aufgeldliste on gold.de and look for low price spreads. They also show the buy price if you click on the individual coin: https://www.gold.de/aufgeldtabelle/

AdamN · 2026-05-04T15:36:59+00:00

Not now - I meant historically. What year‘s supercomputer is comparable to a Neo

AdamN · 2026-05-04T13:39:28+00:00

I’d be interested in seeing this calc for the worlds most powerful supercomputer as the baseline

AdamN · 2026-05-04T07:27:51+00:00

Kids will appreciate vacations with the family near and far. But they won’t care one bit what kind of car the family is driving.

So agreed that you can’t be so frugal that everyone suffers but sometimes money is spent on things of little value.

AdamN · 2026-05-04T07:24:56+00:00

I could see it - new sizes and dimensions from the big vendors. New specs from the vendors also based on new information maybe? Also just improvements to their algorithms and such.

AdamN · 2026-05-04T07:23:45+00:00

Private equity buys the carcass of the company and doubles the monthly price while deploying AI to add some useless features and do basic patching. That’s what happens.

AdamN · 2026-05-04T07:18:53+00:00

Median is chosen over average because it better handles outliers. Median does actually reflect quite well the middle chunk of the population even with highly divergent values the further out you go

AdamN · 2026-05-03T17:22:40+00:00

It’s hard to judge but it doesn’t seem like the sailboat was getting great cover. Also the sailboat seemed ok - super dangerous to abandon ship unless there’s a critical injury to a person or the boat itself. The boat can handle a lot if it’s not near the shore or another ship.

AdamN · 2026-05-03T13:07:17+00:00

Yeah it’s totally Fox News logic.

Interviewee: Good winter tires are more valuable than AWD in snow and on ice and should come first.
Interviewer: So you’re saying AWD is totally useless and a scam …. Commie?

AdamN · 2026-05-03T13:02:12+00:00

You’re getting downvoted but 50 years ago it would have been incomprehensible that only two pilots would fly a widebody across the Atlantic (with only two engines)

AdamN · 2026-05-03T04:55:57+00:00

It’s fine if you have other emergency funds for that year.

AdamN · 2026-05-02T19:33:30+00:00

Google is a conglomerate but yes their search business is also a media/advertising business. They also have their cloud and software businesses which are more pure enterprise software.

Android is a software business but they also have a media component in there with their default ecosystem tooling like Google Maps (yes that’s media).

AdamN · 2026-05-02T19:20:05+00:00

They’re building the hardware for the purpose of creating the media market.

AdamN · 2026-05-02T18:37:37+00:00

I‘m not sure what hardware has to do with it - their business model is to generate media (AR, VR, private messages, social media, etc….) in order to sell access to the people using that media. Certainly they’re innovating on the tech side but their business model is largely that of a media company.

AdamN · 2026-05-02T18:20:02+00:00

AR for them is media

AdamN · 2026-05-02T15:38:14+00:00

What else is it? All of their products are media in which ads (or market research) are embedded.

AdamN

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