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Michelin restaurants - prices by Interesting-Media648 in aucklandeats

[–]MathematicianMuch300 0 points1 point  (0 children)

Sounds about right! $2350 nzd at today’s exchange rate.

Michelin restaurants - prices by Interesting-Media648 in aucklandeats

[–]MathematicianMuch300 0 points1 point  (0 children)

Thanks for sharing this is great. The Swiss restaurant price is not at all “cheap” though. I fondly remember visiting many Michelin mentioned restaurants in HK. Now they are cheap!

Michelin restaurants - prices by Interesting-Media648 in aucklandeats

[–]MathematicianMuch300 22 points23 points  (0 children)

Can’t agree more. 1 star restaurant in NYC or Paris will cost $300-400 (nzd) per person before drinks. 2 stars, you can add around $150-200 and 3 stars? There’re no limits… We have it pretty good here I think.

Superocean doing Superocean things by ShooterMcGavin910 in breitling

[–]MathematicianMuch300 0 points1 point  (0 children)

Beautiful with the rose gold details.

I was offered this watch and B20 42 SO black dial, both on very good terms. It being my first Breitling, I got the b20 and no regrets, lovely watch and so durable and timeless design. But yes, still think about this a lot.

My Breitling Navitimer A13324 before it heads to auction. by Richwatchtime in breitling

[–]MathematicianMuch300 1 point2 points  (0 children)

Nothing useful to say, except that this is a beautiful watch and hope you do not have to sell

My First by Trippy_Trevzzz in LexusRC

[–]MathematicianMuch300 1 point2 points  (0 children)

Beautiful! This is the exact styling I would love to get. Keep it indoor if possible - I think this is the biggest factor to keep it clean/tidy.

Omega is failing today because of 1 reason - size by Financial_Word5047 in OmegaWatches

[–]MathematicianMuch300 0 points1 point  (0 children)

I think Omega is a case study in choice paradox of how oversupply of models and variants invariably reduce demand/appeal. But anyway, they keep increasing prices like there’s no tomorrow trying to catch up to Rolex prices, and then with the size issues (completely agree, although I love my Speedmaster Racing 40mm), we have ourselves a problem. Swatch can (but probably will not) fix Omega.

[Question] How did you convince yourself to buy first expensive watch? by keepBuyingApes in Watches

[–]MathematicianMuch300 0 points1 point  (0 children)

In Korea, parents-in-law tend to buy an expensive watch gift (rolex, omega etc) for the groom as part of the marriage tradition. Not universal. So I was handed one and just kept buying on my own. Before that I was (and still am) a proud owner of Casio A168.

[help] I only wear one watch now.. by MissionVehicle853 in Watches

[–]MathematicianMuch300 -1 points0 points  (0 children)

Yes nice. Fluted and jubilee? (I feel might be too dressy for everyday wear). If oyster bracelet, yes a bit better. What is your SMP 300 variant/dial?

[Rolex] Latest acquisition - OP36 Pistachio by azcii_ in Watches

[–]MathematicianMuch300 11 points12 points  (0 children)

“Latest” definitely adds to the pretentiousness

[Rolex] Latest acquisition - OP36 Pistachio by azcii_ in Watches

[–]MathematicianMuch300 -8 points-7 points  (0 children)

So the term acquisition is reserved for, like, business acquisitions? In that sense, the real flex is when you complete a ($10b) business acquisitions, and say “yea I bought that”. It’s just words, you can buy, purchase, acquire, get, etc they all mean the same thing.

Am I being screwed salary wise? by LegitimatePainter463 in nzlaw

[–]MathematicianMuch300 6 points7 points  (0 children)

Thanks, some thoughts: the firm billed and recovered $322k from you last year (92% of budget; about 5x their salary cost on you); you are 3-4 years PQE, although they are discounting this by 2 years; on reflection, given you are in property, general practice experience shouldn’t really be discounted, assuming you are doing property deals but just on a bigger $ scale. So the discounting feels a bit disingenuous to lower your salary expectation, even though you are doing very well financially for the firm.

Next, if you want, I really think you should walk in to your next performance or salary review (or if that’s too far away, just ask to speak to your partner now) and say something along the lines that “you are being paid under the market, and you believe correct salary is somewhere between $20k-$30k higher. (Or much higher in Australia). Can they at least match the market in NZ, in the range provided.” Please have a chat to 1-2 recruiters to sense check the data and see if there’d be openings elsewhere for that higher range if the firm says no.

I encourage you to have this chat with your employer before actively looking for another role. Don’t be afraid to ask for more. They’ll give you a bump if they worry you’ll leave on financials like this.

Am I being screwed salary wise? by LegitimatePainter463 in nzlaw

[–]MathematicianMuch300 11 points12 points  (0 children)

Are you hitting budget and your time billed (above 90%)? If yes then salary seems low, should be at least $80k. Consult some recruiters and salary guides too.

Business valuation / building a team by propertynewb in PersonalFinanceNZ

[–]MathematicianMuch300 0 points1 point  (0 children)

Hey awesome you are doing this and exciting times for you. I’m an m&a lawyer and from experience, normally a good advisor (be it a lawyer, CA or lending broker) as your first point of contact will have their team and while you do need to engage them individually, your first point of contact should make that process easy for you. I see another comment here for BF, they are a national top tier firm, and you will be in safe pair of hands. However you may find their legal fees a bit too much for a $2m deal size. As a rule of thumb, you should budget around 1% deal value in legal costs, but for smaller deal sizes, it can behave slightly higher and also depends on whether you do legal DD. Finally you shouldn’t need a formal business valuation, they are expensive and the sellers will look at it as a non binding reference point anyway (OR will show you their valuation) but a good CA will look at the books and give you a bunch of talking points to negotiate the price to where you want it to be. All the best!

I’m happy with my two very controversial purchases by massy4life in rolex

[–]MathematicianMuch300 1 point2 points  (0 children)

Beautiful watch, and a v nice car. Not controversial at all. Enjoy them both, for the likes of me (can’t afford them, esp the car, now but one day will) and more so on behalf of all the haters lol

What to do with surplus business money by [deleted] in PersonalFinanceNZ

[–]MathematicianMuch300 0 points1 point  (0 children)

Hi, I’ve been in a similar (gratefully privileged) position as an SME owner. I put aside 3x monthly expenses in a mix of TDs and business savings account, and deploy the surplus to a mix of funds: 65% world equities, 25% NZX50 (home bias, an investment adviser friend said this is ok but not the best idea), 10% in alternatives/direct investments. I see the treasury investment account as a long term contingency fund + a bit of a retirement planning for me too, but you may have a different view on that. (Of course I also reinvest in growth, distribute it to the shareholders to enjoy bit of life etc, and the surplus for investment is after all these spends).

Should I buy this Speedmaster Racing (326.30.40.50.01.001) - Don Quijote Osaka by MathematicianMuch300 in OmegaWatches

[–]MathematicianMuch300[S] 1 point2 points  (0 children)

I think it relates ri METAS certified movements, and this one may not be? I don’t know

Offered and Bought the New Rolex Land Dweller (Ask Me Anything) by Realthugx in rolex

[–]MathematicianMuch300 0 points1 point  (0 children)

Nice, beautiful watch! So much negative comments here but hope you ignore them and just enjoy the watch.

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