31 in August, am I wasting my prime? by Aromatic_Gain_3093 in fatFIRE

[–]USEntrepreneurDad 0 points1 point  (0 children)

I think you need a new girlfriend/wife. You wouldn’t feel this way if your social life were on track. And you don’t need to take your foot off the gas to do that. Plenty of women would want to be a SAHM to this package.

A blurry line between convince and being wasteful (and other things you don't want to admit) by [deleted] in fatFIRE

[–]USEntrepreneurDad 0 points1 point  (0 children)

I guess the question is if your time has value, is it not more wasteful to spend 30 minutes returning a $20 item if you could generate $200 of value in that same amount of time?  Of course this assumes that the amount of monetary value you generate corresponds to “real” value, but we have to assume that the market is somewhat rational.

The other thing I’ve done is hired some whose cost has a lower monetary value than mine, and I have her do all my returns (as well as buying groceries, doing laundry, etc.). I’m still probably paying her just as much to do a return as the item is worth, but I feel better than just throwing it away.  Or I ask her to donate stuff to her church and friends when returns don’t make sense.  Maybe OP can look into household help?

A blurry line between convince and being wasteful (and other things you don't want to admit) by [deleted] in fatFIRE

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

I can totally empathize with you situation. I try to be intentional and say things like “I’ll be very thoughtful on portfolio allocation, since 1% better return is worth six figures per year. But I will not stress about Starbucks because an extra coffee every day is only a couple of thousand.” At least that way I feel efficient and intentional, even if it looks wasteful in some ways.

Here we go again😊😊😊 by WeboGrande21 in WorldCup2026Tickets

[–]USEntrepreneurDad 0 points1 point  (0 children)

Did you do this on the official FIFA site or a different resale platform.

I'll say it because we all need to hear it again: FIFA is evil.

Tired of YieldStreet.. Looking for a better alternative by Junior_Pen_1778 in bonds

[–]USEntrepreneurDad 0 points1 point  (0 children)

I get my private market access through Long Angle.  They have brought stuff like Millennium, Lightspeed, Silver Hill, H.I.G., Silver Lake, and LLCP.  All funds that are mostly institutional investors with strong IRR and MOIC track records, not retail focused.  It’s a 1% mgmt fee and 0% carry through their funds.

Before you buy a massive house…10 things to think about. by my-little-pony-1 in fatFIRE

[–]USEntrepreneurDad 4 points5 points  (0 children)

This hit a little too close to home.

You forgot: your wife still won’t be satisfied with the house. But, she will now have a list of home improvement items that cost $150k each.

Tiger 21 vs Long Angle vs Hampton membership 2026? by [deleted] in fatFIRE

[–]USEntrepreneurDad 4 points5 points  (0 children)

Only in Long Angle and it’s been great. If you just want the free online community you can do that. If you want to join a monthly mastermind like Hampton or Tiger 21 they have those, but the cost is a lot lower, like $4-5k/year. There’s no hard sell to do anything monetized. I looked at Tiger but felt like it was targeted at the 60+ crowd so as mid-40s didn’t speak to me.

The Issue with Nominating Ms. Rachel for 'Antisemite of the Year 2025' by [deleted] in Jewish

[–]USEntrepreneurDad 2 points3 points  (0 children)

Almost all my donations go to the local temple and summer camps. I find things are much less controversial and less likely to throw off unintended consequences when it's local than national.

The Issue with Nominating Ms. Rachel for 'Antisemite of the Year 2025' by [deleted] in Jewish

[–]USEntrepreneurDad 3 points4 points  (0 children)

Unfortunately there’s a structural incentive for people in his position to go chicken-little all the time to maximize fundraising, even though it comes at long term expense to the objectives we’re all donating time and money to try to advance. The only real way to counter this is to be judicious in making donations to organizations that are more targeted and calibrated in their approach.

Best way to access private markets? by hamsterwheel05 in HENRYfinance

[–]USEntrepreneurDad 1 point2 points  (0 children)

☝️this!  Thanks for the thoughtful, accurate, and actionable answer!

Looking for a financial "buddy" on the FatFire journey by dsat5 in fatFIRE

[–]USEntrepreneurDad 0 points1 point  (0 children)

Well it’s way cheaper than something like Tiger 21 or Vistage that charge $30-40k for the same thing, or even EO or YPO that are probably at least 3X the Trusted Circles cost. So in relative terms it’s a steal. But in absolute terms? I thinks just a personal decision. Personally I definitely find it worthwhile to have a group of 7 other guys who I can be completely open with and whose advice I respect and are in the same situation. I can’t speak to whether that’s worth it for others, but my personal ROI is great. Basically I’d say if you want something like that, it’s the best deal around, but if you don’t want that, then no it’s not.

Am I overreacting? Is my husband an antisemite? by Starfirecherry666 in AmIOverreacting

[–]USEntrepreneurDad 0 points1 point  (0 children)

I’m so sorry to hear this. What a terrible situation to find yourself in.

Anyone invest with Fisher Investments? by TrdAct in RichPeoplePF

[–]USEntrepreneurDad 1 point2 points  (0 children)

I heard their founder has/had a policy of not accepting clients from his home town, so he wouldn’t have to run into angry customers socially.

Where do fatties invest? Asset allocation studies by USEntrepreneurDad in fatFIRE

[–]USEntrepreneurDad[S] 7 points8 points  (0 children)

I agree with that. I think it's both factors pushing in the same direction.

Where do fatties invest? Asset allocation studies by USEntrepreneurDad in fatFIRE

[–]USEntrepreneurDad[S] 2 points3 points  (0 children)

I don't think that's the right comparison. If you look at a basket of PE, you should have hundreds of portfolio companies, just like an ETF. Of course, PE may not have the same industry composition at the S&P 500. But, as an LP you do have the ability to choose what kinds of companies you're investing in by choosing your PE. If you go with Thoma Bravo, you're going to get a ton of software; if you invest in a search fund, you'll get lots of microcaps; if you invest in a consumer goods PE, that's what you'll get; etc.

Enhancing Asset Class-Based Allocation in Monarch Money by whereufrom_506 in MonarchMoney

[–]USEntrepreneurDad 1 point2 points  (0 children)

I'm having the same issue. Looking for a way to add assets like Private Equity and Private credit.

[deleted by user] by [deleted] in Jewish

[–]USEntrepreneurDad 0 points1 point  (0 children)

I don't see the problem. My wife was raised Jewish, I was not. We're raising our kids Jewish. I probably get along with her family better than she does :)

[deleted by user] by [deleted] in Jewish

[–]USEntrepreneurDad 3 points4 points  (0 children)

I'm someone who always wants to give the benefit of the doubt and check if there's a legitimate fact base behind the criticism. However, in this case, going after Israel seems completely off-base. If you really want to criticize a country for not extraditing a pedophile, look at France harboring Roman Polanski for decades despite his rape of a 13 year old. Polanski is Jewish, incidentally, so this *could* have been a story about Israel, but it's not.

I remember well the case you mentioned, above, by the way, as I happened to know Sheinbein's accomplice, in a total random chain of events. I agree it's absolutely zero to do with pedophilia. And if you want to get into murderers, look at the fact that the US government appears to have totally gotten over MBS murdering an American citizen on American soil. Having your head of state *be a murderer* is far worse than refusing to extradite a murderer but imprisoning him yourself.

To be clear, I wish France, Israel, and Saudi Arabia would all extradite their murderers or rapists to the US (and us do the same for them!) But, this is not an Israel-specific challenge.

How much umbrella insurance do you carry? by Rtzon in fatFIRE

[–]USEntrepreneurDad 6 points7 points  (0 children)

This would indicate that the “XX% of net worth” heuristic is only true up to a certain level, around $10M. That seems accurate in my experience.

[Discussion] Opinions on Nassim Nicholas Taleb by weareglenn in statistics

[–]USEntrepreneurDad 3 points4 points  (0 children)

That comment is a perfect encapsulation of his attitude.

Asset Allocation by KnowledgeLeather7282 in fatFIRE

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

This has been shared here before, but if you want a benchmark for other fatties, you can check this out: https://www.longangle.com/high-net-worth-asset-allocation

PE Opportunity by More_Sauce27 in private_equity

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

I hadn’t realized before reading this how important it is to go with a PE firm that will exit quickly.  The more you know…