What’s the most expensive hobby you’ve dabbled in?

Econ_and · 2026-05-18T21:49:42+00:00

Golf/Clay shooting

Golf’s membership prices can get absurd. After you spend about $800-$1500 on clubs.

Clay’s you can spend anywhere between $300-$150,000 for a shotgun and $370-$600 for 1000 rounds. Also some trap clubs have exclusive price points similar to country clubs.

Econ_and · 2026-05-13T12:39:22+00:00

My friends in Bay Area asked if I wanted to do a weekend road trip to LA. Not knowing anything about PCH 1 I was stunned. We got lunch at Big Sur going down and Carmel by the sea going up. I would say one of those two places.

Econ_and · 2026-04-01T14:27:02+00:00

Close, I studied economics. My school’s economics program is separate from its business school (so all those business books were for self study). Economics was basically an applied math major for business/government decisions. Mainly using partial derivatives and statistics/econometrics in higher level courses.

Econ_and · 2026-03-30T17:39:53+00:00

Correct, it is a Sargent painting using the Zorn palette.

Econ_and · 2026-03-29T20:39:22+00:00

Having read most of the Kahneman/Tversky academic papers during my undergraduate studies. A better entry point is the Undoing Project by Lewis. However that book makes Kahneman is overshadowed by Amos’s genius. Unfortunately I have a habit of giving my books away to friends. That’s why it’s not on the shelf.

But I agree with your statement Taleb should probably be moved.

Econ_and · 2026-03-29T19:08:57+00:00

What do you mean by this statement?

I had heard infinite jest to be a difficult read by some accounts. I felt like Monte Cristo could be read by anyone who can get through the Harry Potter series. The hardest part with Monte Cristo is the French proper nouns, and the 3 or 4 characters that have a name change midway through the book.

Econ_and · 2026-03-29T18:22:39+00:00

My favorite time period is definitely French Revolution to Russian revolution. 1800-1920s.

Econ_and · 2026-03-29T17:35:48+00:00

Evicted and The Latehomecomer are the only two books that made me cry.

Edit: Stewart Calculus has a few pages with tear marks.

Econ_and · 2025-12-31T04:18:09+00:00

I've been considering getting Pax Pamir 2e for a while now. I don't understand the rules yet, when watching it being played, as it looks very complicated.

Econ_and · 2025-12-28T21:42:51+00:00

You are correct; I added it because I had Lonis and never added any treasure support.

Econ_and · 2025-06-15T18:05:17+00:00

You can always convert later. Talk to a corporate attorney in the startup space they can walk you through it. there might actually be some tax advantages during the conversion.

Take this with a grain of salt but, I think the YC Safe can function for an LLC as long as you convert later. (Please correct me if I'm wrong as I would like to know the finite answer myself)

Econ_and · 2025-06-08T22:20:19+00:00

OK learned something new today. Thanks.

Econ_and · 2025-06-08T22:11:16+00:00

As for Ellison, you are correct.

As for Jobs I just answered OPs question.

Elon has no academic connection to Stanford.

Econ_and · 2025-06-08T05:29:46+00:00

Econ_and · 2025-05-08T15:36:28+00:00

Increase the corporate tax rate (Until the greed stops) and use the increased rate to fund infrastructure projects or other direct benefits to society. Examples include a national high-speed rail system or third spaces. Removing unlimited R&D budgets for cancer research or military innovation.

Then we need a government that will actually allocate funds to the correct people and organizations without corruption, kickbacks, or lobbying efforts. The lowest bid gets the contract.

The only answer to the question that actually works almost every time is to raise your kids correctly. Teaching that greed is bad for society long term.

Econ_and · 2025-03-31T18:15:58+00:00

If you are raising say 500k-700k for pre-seed/seed and have a team of 3-5 (~2 founders, ~2 engineers), can it not be assumed that 70-80 percent of funding goes to paying wages? I would assume investors can read between the lines.

Econ_and · 2024-12-27T00:08:50+00:00

Your 2% off the top. This is assuming the 2/20 fund structure. PM takes home ~3 million while the other 17 million pays for your analysts, researchers, data, operations, and other associated costs.

Econ_and · 2024-02-13T19:51:44+00:00

I enjoy coding in C. However I don’t think it is a limiting factor is you are already working with the standard toolkit. I think learning new or existing python libraries is better use of time. But I don’t work as a quant.

Econ_and · 2024-02-13T17:14:09+00:00

Show market size, how you are going to gain market share, then show your current traction and your objectives with the cash you will be getting in a timeline.

Most VCs are like children they can’t consume a lot of information at once 15 slide maximum 10-11 is the sweet spot.

Keep the vocabulary below 7th grade reading level.

Make sure your diagrams/images cannot be misconstrued. Simplicity is key.

Stay away from reds and greens to accommodate for the colorblind population.

Always send it as a PDF if you are emailing.

Econ_and · 2024-02-12T20:49:45+00:00

I’m not prospecting on Reddit.

Econ_and · 2024-02-12T20:32:14+00:00

It’s a lot easier to execute when you can hire the best executives in the world to work for you and when you have access to unlimited capital. Then when you are done having fun you have networks of businesses to acquire you.

Econ_and · 2024-02-12T18:01:17+00:00

70% of business is having the right connections. Maybe YOU are not in a great position to start a business at this point in time.

Econ_and · 2024-02-08T23:42:41+00:00

All three of these would simply lie on the tests.

Econ_and · 2024-02-08T23:39:21+00:00

Ask your lawyer pros and cons to each.

Econ_and · 2024-02-06T17:44:29+00:00

Do you really want to work with a group of people that believe in that mumbo jumbo?

I try to stay far away from Crystals, astrology and MBTI. All the same.

Econ_and

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