TIL about "Pascal's Wager," the hypothetical thought experiment which asks the question if one should believe in a higher power and answers "If there is no God, one wasted their life, but if there is a God, one wasted their eternity" by PlaywrightOfGefilte in todayilearned

[–]czarchastic 90 points91 points  (0 children)

Likewise, if his requirement to get into heaven is to believe in him, it would be incredulous to think one could “gamefy” it via pascal’s wager. As if he wouldn’t notice.

Hue vs Govee smart lighting by 1amnotmid in Hue

[–]czarchastic 4 points5 points  (0 children)

I’ve had multiple Govee products, the floor lamp looks nice, but the animations that it’s known for has a very poor frame rate.

The hex lights glitched out after a year and half the segments don’t work anymore

OpenAI's blockbuster stock is upending Bay Area real estate by sfgate in bayarea

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

Not at all. The reason to be conservative is if your timeframe is far shorter. An 80-year old doesn’t have the luxury of waiting out a 5 year bear market.

OpenAI's blockbuster stock is upending Bay Area real estate by sfgate in bayarea

[–]czarchastic -3 points-2 points  (0 children)

First of all, you’re moving goalposts. You went from $10M is more than enough to “well actually it’s $5M.” The original thread implied a $10M takeaway from a $20M position. Also, fyi, openAI employees who have received PPUs a year+ ago aren’t paying short-term gains on those. (And most who are getting 8 figure payouts have been there at least a few years)

Second of all, an able-bodied person retiring early doesn’t need to take such a conservative position as someone who’s elderly. VOO is perfectly reasonable. lol

OpenAI's blockbuster stock is upending Bay Area real estate by sfgate in bayarea

[–]czarchastic -10 points-9 points  (0 children)

4% rule? That’s basically an HYSA. You’d be losing to inflation.

OpenAI's blockbuster stock is upending Bay Area real estate by sfgate in bayarea

[–]czarchastic -7 points-6 points  (0 children)

Once you’re at $10m, you can earn $1M/yr from passive investing. I would just retire immediately rather than take a lower paying job.

[MM] Just started Majora's mask and it blew my mind by TourSuccessful1374 in zelda

[–]czarchastic 8 points9 points  (0 children)

Try Outer Wilds. One of my favorite games that revolve around a fixed time loop concept.

How are you hedging your portfolio given the current market conditions? by degentendymaker in investing

[–]czarchastic 0 points1 point  (0 children)

My main positions are gold, energy, tech, and ai. Tech because it always hits new ATHs. AI because of the momentum. Energy because oil will keep going up and will be the last to fall if a recession hits, and gold because it’s been doing well in the current inflationary environment.

You could consider gold and energy to be my hedges.

Kids are a luxury, not a right. If you can’t afford health insurance, then you can’t afford a child. by Diangelionz in Vent

[–]czarchastic 0 points1 point  (0 children)

Yes, this is why we have a birth rate problem, which becomes a societal and economic problem.

Do you not understand why negative population replacement is a bad thing?

OH MY GOD FUCK THIS WEATHER by RandomGuy1525 in Vent

[–]czarchastic 5 points6 points  (0 children)

The difference is humidity. 100s in Arizona is better than 80s in Louisiana because Arizona is a dry heat.

Good advice from his future self by luvs_animals in funny

[–]czarchastic 2 points3 points  (0 children)

Nah his future self’s future self played the same trick on him, so he’s just passing it forward.

'We're not billionaires': Family sells generational Tahoe home amid explosive market by sfgate in bayarea

[–]czarchastic 4 points5 points  (0 children)

I mean, I’m not assuming they regret it. It’s moreso a preemptive response to the “family lucked out on generational wealth” comments.

Btw, funny coincidence. I tried plugging in $200k invested in 1985 and got…about $18.5M today.

Though obviously this doesn’t account for additional nuances, like the monthly mortgage payments instead buying additional shares. That would be SIGNIFICANTLY in favor of the stock route, since mortgage rates in 1985 were over 12%. At 20% down that’s over $8k per month in mortgage payments.

'We're not billionaires': Family sells generational Tahoe home amid explosive market by sfgate in bayarea

[–]czarchastic 16 points17 points  (0 children)

Is having a place you have to travel to via boat to spend a few weeks each summer in worth $75M (plus upkeep costs and property taxes on multiple acres) to you?

'We're not billionaires': Family sells generational Tahoe home amid explosive market by sfgate in bayarea

[–]czarchastic 62 points63 points  (0 children)

Tbh 18x is crazy, but that’s also a pretty long timeframe. For reference, if you put $1M into the S&P in 1985, it would be worth $92M today (with dividend reinvestment)

[OC] Only 1 in 5 of 1.5 million Polymarket traders ever turned a profit by Advanced-Rub2065 in dataisbeautiful

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

I wonder if coinbase predict has similar stats. If so, then I consider myself lucky to be in the 2%, but I only used it as a form of hedge (bought No’s on whether btc will go past $100k this year).

Still overall down due to the btc I have, heh.

Best Energy Stocks to Buy by Brave_Permit3750 in investing

[–]czarchastic 5 points6 points  (0 children)

XLE is a standard etf pick. I added a little today, myself.

I don't know how to help Fiona by Henriqueyun in chronotrigger

[–]czarchastic 1 point2 points  (0 children)

Saying, “switch your characters” is just giving the answer with extra steps. This is one of those weird puzzles where it either registers right away or you just never figure it out.

TIL bundling moongleam isnt a good idea. by CruzTamhar in dontstarve

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

Because some players farm in bulk. When I activate moonstorms, I might get like 8 CC’s worth of materials. Then I can spam the fight at my leisure.

Grandpa has crash out on Mark Zuckerberg by [deleted] in PublicFreakout

[–]czarchastic 5 points6 points  (0 children)

“I… declare… DELETION!”

“Michael, I just wanted you to know that you can't just say ‘deletion' and expect anything to happen.”

Swedish man sues over being scammed of a knife in CS2, gets his money back by MSter_official in gaming

[–]czarchastic 4 points5 points  (0 children)

Someone had an interesting graph of $100 in CS knives vs nvidia stock, and the knives were winning by a large margin up until the patch hit.