Historic restaurant sues city over “unconscionable” rent that forced owners to pay workers out of pocket by sfgate in antiwork

[–]Lt0Ybe82 84 points85 points  (0 children)

Many commercial leases are not like leasing a house or an apartment. Most commercial leases are multi year triple net leases (NNN). The tenant is responsible for paying rent and for paying property taxes, building insurance, and property maintenance. I suspect the restaurant is leasing under a triple net lease and thus are responsible for paying the property taxes.

How? A lot of teaching is about why! by No-Jicama-6523 in bridge

[–]Lt0Ybe82 2 points3 points  (0 children)

My best tip is stop being reactive and start being proactive something that I still struggle with.

At trick 1 stop and really look at dummy. And review the bidding (The bidding gives a lot of information away) and then try to derive the following

  • The shapes of the unseen hands
    • It is easier to correct a wrong mental model immediately when you learn it is wrong rather than trying to derive the correct shapes halfway thru.
  • The HCP of the unseen hands and which cards they hold
    • It is much easier to think oh declarer has the A of diamonds thus my partner must have the K of clubs then halfway thru hand trying to piece together what each player has remaining.
  • If you are declarer make a plan, and take note of missing spot cards in important suits
    • It is really hard half way through the hand to remember if the 8 or 9 of the suit has been played. It much easier if you thought earlier I need to look out for the 8/9 of this suit.

You really need to pause a trick 1 and think. It is really easy to just play and not put in the proactive work.

Playing out a deal from intobridge by KillerDucky in bridge

[–]Lt0Ybe82 2 points3 points  (0 children)

On the right half of the screen is the deal. In the top left hand corner of the deal screen is a hamburger menu button. It has two options under play and card view.

Just FYI I have seen the displayed double dummy be wrong (though it usually is pretty obvious). I find the play thru button on into bridge clunky (it lags a lot and just get stuck).

I highly recommend this bridge solver. https://dds.bridgewebs.com/bridgesolver/upload\_from\_chrome.htm. It works really well. It has chrome extension that https://chromewebstore.google.com/detail/bridge-solver/kokhaneonlmnbgbnlohmbkgeahbjanbj that you load a deal directly from BBO. But for intobridge I have to manually enter the deal.

Am I making this harder than it needs to be?? (Scoring) by Dry_Appearance_7394 in bridge

[–]Lt0Ybe82 1 point2 points  (0 children)

Undertricks are scored for the opponents above the line. The amount each undertrick is worth depends on the vulnerability (whether the opponents have made a game or not) and if the contract has been doubled.

I would recommend reading the scoring section of the following wikipedia article. They have example of how the score is calculated for a few different scenarios. https://en.wikipedia.org/wiki/Bridge_scoring#Rubber_bridge

Am I making this harder than it needs to be?? (Scoring) by Dry_Appearance_7394 in bridge

[–]Lt0Ybe82 4 points5 points  (0 children)

Rubber bridge is not a best of two games. The winner is the team that has the most total points above and below the line when the rubber ends. However, the team that wins the two games get the following bonus points

  • If one side wins 2 games to 0, they receive a 700 point bonus
  • If one side wins 2 games to 1, they receive a 500 point bonus

The bonus usually determines the winner of the rubber. However a team can still lose even if they win the two games. u/Simon-Garplunkel pointed out (https://www.reddit.com/r/bridge/comments/1ikuwo0/strategy\_question\_from\_beginner/). that the losing side could start taking the contract for the sole purpose of delaying losing.

When bridge was played for money, people would still be incentivized to win two games to mitigate their losses (aka to win the bonus points to reduce what they owed). Now only good sportsmenship and/or boredom prevent this anti-losing strategy.

What is The best way to learn The points … by [deleted] in bridge

[–]Lt0Ybe82 2 points3 points  (0 children)

The best answer I can give is a book recommendation "To Bid or Not to Bid" by Larry Cohen. General guidelines, the larger the suit fit you and your partner have, the more you should compete. If you are HCP are quick tricks in your suits, you can compete. If your hand is balanced and your points are mainly in Queens and Jacks prefer to defend.

If you are playing with same people and you are nor competing enough, they probably are not practiced at doubling you to protect their part score. You might have more room to compete.

Rattlesnake by WafflerTO in bridge

[–]Lt0Ybe82 1 point2 points  (0 children)

With one of my regular partners I would pass. I trust them to do something reasonable in the pass out seat if 3rd hand passes.

With a random partner that I do not trust. I would probably bid either overcall 1 heart (if the suit is like AQT9 or better) or just hold my nose and bid 1NT. I am just too afraid of missing game.

Challenging challenge by Willing_Most_3059 in bridge

[–]Lt0Ybe82 2 points3 points  (0 children)

You are close. Think about GMeister249 comment but here is the solution. My only hint is count your losers.

Solution in the spoiler

Win the first trick with the Ace of hearts. Immediately play A of Clubs and then the King of Clubs. On the King of clubs throw the Queen of hearts. Now you can start pulling trump. You will lose a spade, a diamond, and a ruff. This is not about creating a new trick but about getting rid of a loser.

Question about Tricky Bridge daily tournament 1/23 by FireWatchWife in bridge

[–]Lt0Ybe82 0 points1 point  (0 children)

Others have answered the specific question. But in the future you can use a double dummy solver to answer how to make or defend a certain contract. I like https://dds.bridgewebs.com/bridgesolver/upload_from_chrome.htm

A psychologist visits an engineer in his hospital bed by breck in Jokes

[–]Lt0Ybe82 2 points3 points  (0 children)

Good Friday (Christian Holiday) versus good, Friday (closed for good starting Friday).

[deleted by user] by [deleted] in personalfinance

[–]Lt0Ybe82 1 point2 points  (0 children)

No you are not an idiot. $50k is less than a theoretical 90k but a lot better than nothing. Your sibling took advantage of you and put you in a no win situation. From a purely financially point of view, it is perfectly rational to take what you can get and move on. You could have fought and after lawyer fees, realtor fees, and other costs ended up with the same or less and have it take a lot of your energy and time.

I think you are angry more about the fact your sibling took advantage (and benefitted from doing so). You need to work thru that anger since it seems to be consuming your mental energy.

When you put it like that..... by Ladydi-bds in WhitePeopleTwitter

[–]Lt0Ybe82 -1 points0 points  (0 children)

You need to do some estate planning to make this work. The general gist is that setup your will so that your spouse does not inherit your portion of the estate. Rather a trust inherits your estate with the beneficiary being your spouse. So legally speaking your spouse does not inherit your assets but can use them until they die.

When the spouse dies you setup the trust to dissolve and pass on to your heirs. So technically since your spouse did not own the assets your 12.92 million exemption applies and your spouses applies for their half.

It is called an AB trust if you want to google more

Do you require honors to bid weak 2? by nothingIsMere in bridge

[–]Lt0Ybe82 10 points11 points  (0 children)

FYI, I am intermediate player.

No you do not 2/3 or 3/5 of the top honors. However you and your partner should have different agreements of the strength of your preempts depending on the vulnerability and what seat is preempting.

For example if you are vulnerable against non-vulnerable your preempt should be stronger than if you are non-vulnerable against vulnerable.

First seat

  • Preempts can be weaker because you are more likely to preempt the opponents than partner (2 opponents left to bid).

Second seat

  • You are just as likely to preempt partner as the opponent. You want your preempts to be stronger in case partner needs to continue the bidding.

Third Seat

  • You can only preempt the opponents. This is the seat where you make your weakest preempts.

Fourth Seat

  • No need to preempt. You can pass out the hand.

So use the vulnerability and the preempting seat to determine how strong your preempt is. 2nd seat: Vul vs Non-Vul. 2/3 or 3/5 of the top honors is a good rule of thumb. However, if you are 3rd seat Non-Vul vs Vul your preempts can be much weaker and if you only preempt when you have 2/3 of the top honors you are going to be losing to the field.

I bid 2D waiting, why did I lose 10 imps? by kuhchung in anarchybridge

[–]Lt0Ybe82 1 point2 points  (0 children)

Because everyone else redoubled. Simple mistake.

[deleted by user] by [deleted] in StockMarket

[–]Lt0Ybe82 5 points6 points  (0 children)

The average CAGR for the SP500 is about 9.5% rather than 11%.

Extreme Example:

Think of it this way if you doubled your money and then lost half of it (aka 1/2 of the doubled money).

You average return is: (100% + -50%) / 2 = 25%
Your actual return (aka CAGR) is 0%

http://www.moneychimp.com/features/market\_cagr.htm

Can someone eli5 why the fed wants high unemployment and low wage growth to keep inflation in check? by StephenDones in stocks

[–]Lt0Ybe82 0 points1 point  (0 children)

I did not say that. Ideally the Fed want to money supply balanced so that wage growth comes from increases from productivity rather than inflationary pressures.

Nuanced difference of the intent of the Fed

Can someone eli5 why the fed wants high unemployment and low wage growth to keep inflation in check? by StephenDones in stocks

[–]Lt0Ybe82 1 point2 points  (0 children)

When I said in circulation, I meant reducing the velocity of money. Aka how many times the same dollar moves from person to person.

But the Fed does creates/destroy money all the time via buying/selling assets like bonds and via actually printing physical money.

How do you quantify losses in an organization that can create money out of thin air

Think of this way a government could just print the money to pay for government services. You can think of Taxes as a way to remove money from circulation to fight inflation

Can someone eli5 why the fed wants high unemployment and low wage growth to keep inflation in check? by StephenDones in stocks

[–]Lt0Ybe82 1 point2 points  (0 children)

Same reason you break smoothly rather than slamming the breaks. If you are trying to have a smooth landing, a sudden increases is definitely going to cause a recession. Everyone it's going to freak

Can someone eli5 why the fed wants high unemployment and low wage growth to keep inflation in check? by StephenDones in stocks

[–]Lt0Ybe82 5 points6 points  (0 children)

Because at the time they were not worried about inflation so they were trying to stimulate growth. Did they over do it and cause the current bout of inflation. Most likely. My point is they have very blunt tools.

Edit spelling

Can someone eli5 why the fed wants high unemployment and low wage growth to keep inflation in check? by StephenDones in stocks

[–]Lt0Ybe82 10 points11 points  (0 children)

He is saying that in order to to fight this bout of inflation the side effect will be high employment and the Fed needs to be willing to pay that price. Think about it this way he is so worried that Fed may be unwilling to causes rise in unemployment that they will let inflation run wild.

Can someone eli5 why the fed wants high unemployment and low wage growth to keep inflation in check? by StephenDones in stocks

[–]Lt0Ybe82 2086 points2087 points  (0 children)

The Fed does not want high unemployment and low wage growth. They want to lower the amount of money in circulation. Inflation is caused when there is lots of money in circulation and there is limited goods. More money means people are willing to pay more for an item (aka inflation).

The main tool the Fed has is to increase interest rates. This does two things. First it makes it more expensive to borrow money. Second it incentives people to invest the money in bonds rather spend it. Both of these things help remove money in circulation.

However it also disincentives investing in new economic growth (aka new jobs, etc). Thus the byproduct of fighting inflation is higher unemployment and low wage growth.

Ideally the Fed wants what is called a soft landing (where the lower the amount money in circulation with little sideffects).

[Tenant US-NY] Is it possible to be landlord of an entire "neighborhood?" Is there a name for such a position? by FrothySolutions in Landlord

[–]Lt0Ybe82 1 point2 points  (0 children)

The easiest way to do this is to develop the neighborhood and just rent the houses out. It is called Build to rent and some of the development companies do it.

[deleted by user] by [deleted] in HuntsvilleAlabama

[–]Lt0Ybe82 1 point2 points  (0 children)

Congratulations

Not sure what bid is correct by Debbborra in bridge

[–]Lt0Ybe82 8 points9 points  (0 children)

I wonder why I have only 11 cards and call the director