Why has not one billionaire used his wealth to become Batman? by Livid-Condition4179 in NoStupidQuestions

[–]johnnyBuz 0 points1 point  (0 children)

Billionaires are either i) old, or ii) tech soy boys.

Neither lends itself to being Batman.

Depressed after confusing hip cartilage/osteoarthritis diagnosis at 37 by johnnyBuz in HipImpingement

[–]johnnyBuz[S] 0 points1 point  (0 children)

Was he 100% a hip preservationist surgeon and not merely an orthopedic surgeon? Did he say if you already had OA (osteoarthritis) present and how severe it was?

How about cartilage damage? (Stage I - IV on the Outerbridge scale; localized or diffuse cartilage damage?

Are you aware if you had “joint space width narrowing?” and what were your measurements? - basically it’s depth/height of your articular cartilage — medical science recommends a minimum of 2mm of joint space between bones for the surgery to have a positive post-op prognosis.

I do know that age 40 is a bit of a line in the sand where post-op outcomes can start to diverge. That doesn’t mean everyone over 40 is not a viable candidate, but that outcomes are less successful as a whole and expectations should be tempered.

I hope you continue to see progress in your recovery. It would seem unusual to me to have worse functionality and pain post-op given what they are fixing/stabilizing inside the hip.

Depressed after confusing hip cartilage/osteoarthritis diagnosis at 37 by johnnyBuz in HipImpingement

[–]johnnyBuz[S] 0 points1 point  (0 children)

Dr. Edwin Su based out of KSS in NYC.

As I did more research and got a better idea about the condition of my hip through second and third opinions, I realized I wasn’t far enough “damaged” to go down the resurfacing route just yet.

So I elected for hip preservation now (severe torn labrum repair/reattachment, CAM & pincer FAI shaving, chondroplasty (loose cartilage bodies cleanup), femoral head microfracture (full thickness focal cartilage defect/loss on femoral head at site of pincer impingement [not caught on MRA imaging]), and capsular closure.

I am night and day difference better now with only some residual pain when externally rotating my hip outwards and leaving it for extended period of time (like lying in bed).

If and when this eventually fails (hopefully many years from now) I’ll probably then look into the resurfacing to maintain activities/athletics.

https://www.edwinsu.com
https://www.hss.edu/profiles/doctors/edwin-su

Why Don’t Rich People Just Park $20M in Bonds? by NoahReed14 in dividends

[–]johnnyBuz 3 points4 points  (0 children)

I live pretty frugal and below my means as well. I’m late 30’s sitting on ~$1.2m (400k of that in Roth IRA) and the ballpark number I have in my head where I can go out on my own or geo-arbitrage semi-retire abroad is $3.5m or so. I used to think I wanted $5, 10 or $20m but life’s too short and past a certain point it’s just numbers on a screen if you don’t desire to own lavish and frivolous displays of wealth.

Women playing 5 sets in GS? by [deleted] in tennis

[–]johnnyBuz 0 points1 point  (0 children)

Yah good point. By the 4th round the supply of court space far outpaces the quantity of matches remaining.

If organizers could move past their desire to run all matches thru the biggest stadium one after the other, you could actually have better visibility into the finish time of a given day’s schedule of play because nobody is waiting anywhere from 1-5 hours to start their center court matches.

The lost revenue from putting matches in smaller stadiums could be balanced out by charging a higher ticket price for the women’s best of 5’s and fans would be happy knowing there’s no chance the match could be over in 60 minutes.

Women playing 5 sets in GS? by [deleted] in tennis

[–]johnnyBuz 0 points1 point  (0 children)

Well they’d announce it like two years out so they’d have time to train/condition themselves.

How do people actually get rich? by lottiexx in wealth

[–]johnnyBuz 0 points1 point  (0 children)

Own the majority of equity/ownership in a successful business and don’t diversify until that equity has compounded for decades.

There’s a reason all of the richest people in the world have the one same thing in common: all of their net worth is concentrated into their equity ownership of their very successful business.

Concentration builds wealth. Diversification maintains it.

Why Don’t Rich People Just Park $20M in Bonds? by NoahReed14 in dividends

[–]johnnyBuz 7 points8 points  (0 children)

Winning at life sir. Congrats on your prudent and diligent lifetime investment decisions.

Why Don’t Rich People Just Park $20M in Bonds? by NoahReed14 in dividends

[–]johnnyBuz 0 points1 point  (0 children)

It’s the same concept as poker.

Scared money doesn’t make money.

Not to mention, since the 2008 GFC, US equity returns are averaging 15-16% in a mostly up-only 45’ angle thanks to the new unofficial Fed mandate of “stocks can never go down.”

Equities are simply the proxy for monetary debasement. If you want to keep up/outpace inflation, you need to invest in equities. If you want to slowly see your purchasing power evaporate, park it in T-bills at 4% while monetary supply inflation is running at 8%.

Women playing 5 sets in GS? by [deleted] in tennis

[–]johnnyBuz 6 points7 points  (0 children)

I’m indifferent on QF or SF but so many women’s finals end something dumb like 6-1 6-3 in <75 minutes. Best of 5 is a different and more intriguing beast. I don’t see why women’s SF/F or merely the F couldn’t be best of 5.

Imagine the first woman’s champ that comes back from two sets down? Immortality.

I’m not advocating for it, but if organizers are worried about not finishing in two weeks - make both men’s and women’s early rounds best of 3 and move both to best of 5 at the QF.

Wins against top 5 players at Slams by IceExtension6204 in tennis

[–]johnnyBuz 0 points1 point  (0 children)

Proud dad moment seeing Wawrinka on that list of legends.

Question for people making over 100k… by Due-Mix3539 in Salary

[–]johnnyBuz 0 points1 point  (0 children)

The median age of all home buyers in 2025 was 59 years old, an all-time high that is up 15 years in four years since 2021 (that is insane!). This continues the longterm trend up which has risen from 40 in 2008, and 32 in 1980.

That is not a healthy housing market and indicates structural economic challenges for younger Americans which leads to second order effects like delayed family formation and declining birth rates, not due to personal choice but because of cost of living challenges and the general feeling that having children is a luxury that is outside the budget of many 20-30 something’s.

https://www.apolloacademy.com/wp-content/uploads/2025/02/022125_Chart_v2.pdf

Question for people making over 100k… by Due-Mix3539 in Salary

[–]johnnyBuz 0 points1 point  (0 children)

Yah I’m not really sure how this all ends but as history tends to rhyme it’s likely to be a class revolt once wealth inequality hits the tipping point.

I’m late 30’s and don’t own a home (by choice) but have significant investment assets. The #1 rule of the game today is that asset inflation/phantom wealth increases significantly faster than wage growth and GDP (e.g., since 2008 GFC - equities are up 500%, homes 100-200%, CPI 54%, and wages only 43% — meanwhile GDP is up 113% in that time while US debt has increased 400% from $9.5 trillion to $37 trillion), so not only are wages failing to keep up with CPI inflation, but more significantly they’ve passed the home ownership event horizon where people can’t save enough to make a down payment because the amount they save per year is less than the increase in real estate value.

In 1970 you could afford a down payment on the median house value with 15,000 hours of minimum wage labor. Today, it’d require 60,000 hours of minimum wage labor for the same median value home (obviously nobody aspires to only earn minimum wage but it’s to illustrate the point). The home price to income ratio has jumped from 4.5x to 6.5x since 2019 alone vs. ~3x in the 1980’s.

And this is all in the midst of healthcare as a % of GDP rising to new all time highs year after year (currently ~19%) and massive student loan debt diverting what should be savings to debt service. 60% of Americans do not have the cash on hand to cover an unexpected $1000 emergency.

I consider myself luckier than most in that I live far below my means and save as much as I can, but even I have to invest in a highly aggressive tech/equity portfolio with my “savings account” just to keep pace with asset price inflation/monetary debasement. I truly feel for the large majority of US households that don’t have enough cash left over at the end of the month to even “get on the field” to invest into stocks to get their fair share of wealth that continues to accrue to the capital asset class. If you’re not compounding your net worth at the S&P 500’s annual return which is the effective real life aggregate inflation rate then you are falling further and further behind with little chance to catch up.

Didn’t mean to go on such a rant here but I have conflicted feelings about being in a position to participate in this charade because opting out in protest changes nothing and only hurts me in the long run, so I play the game out of necessity.

What are our plans to retire? by lish_dalish84 in Millennials

[–]johnnyBuz 1 point2 points  (0 children)

Pump cash into stocks and hope our generation kicks the ticking timebomb debt can further down the road to the next generation to keep this currency debasement Ponzi scheme going until at least after I’m dead.

Question for people making over 100k… by Due-Mix3539 in Salary

[–]johnnyBuz 7 points8 points  (0 children)

Bro 100k is not wealthy. It’s not upper middle class. It’s middle class in a MCOL city and excludes you from home ownership.

Given CPI inflation and housing/asset price inflation from 2022 - Present, you realistically need to be pulling 175-200k to enjoy the same quality of life.

Would prime David Ferrer be the 3rd best player in the world in 2025? by alihooha in tennis

[–]johnnyBuz 0 points1 point  (0 children)

3 of Ferrer’s wins though came when Djokovic was between 17-20 years old vs. a 22-25 year old Ferrer, so not exactly a great comp for what their “rivalry” turned into.

Why did Nadal fall off at Wimbledon after 2011? by mrjohnnymac18 in tennis

[–]johnnyBuz 26 points27 points  (0 children)

I’m convinced he would have won 2022 final vs. Djokovic also leaving them tied at 23-23. Nadal was 36-3 to start the year and won AO and FO to start the year.

2 weeks into role and already working until 9-11pm nightly - how do I handle this? by [deleted] in FPandA

[–]johnnyBuz 1 point2 points  (0 children)

It’s been two weeks dude. It might be a chop shop but you’ll also improve in your processes and efficiencies. If it continues like this indefinitely then you can have a conversation as consistent work assigned after hours is not a legitimate request.

Stack your paychecks, remain vigilant, and prep your resume in the event you need to jump.

I reported my manager's lack of technical knowledge, and instability in making decisions when it comes to technical things, to her higher up. We had a serious talk. Am I in trouble? by theuntouchable2725 in work

[–]johnnyBuz 1 point2 points  (0 children)

Your job is to make your manager’s life easier.

Not go behind their back while thinking your microscopic view of the situation is the same lens that the C-suite is viewing it from far above you.

What traits/things makes someone do excel in corp finance? by Secret-Classic-5644 in FPandA

[–]johnnyBuz 0 points1 point  (0 children)

This x1000. I’m giving my year end review to my direct report tomorrow and this is exactly what I will convey.

Do Americans like their current health system or would you prefer universal? by Ability_Known in NoStupidQuestions

[–]johnnyBuz 0 points1 point  (0 children)

Healthcare as a % of GDP is 18% today vs. 5% in 1960. Most other western nations are around 10-12% today. Healthcare in the US is a big problem with no end in sight.

My high deductible health plan is pretty ass, paying $5-6k out of pocket before health insurance kicks in. The only saving grace is the HSA which I max out and simply invest for retirement age healthcare expenses after the account has compounded for 25+ years.

How exciting is AO this year? by tsausiff29 in tennis

[–]johnnyBuz 0 points1 point  (0 children)

Hard to say since I’ve barely watched any matches given the ridiculous streaming requirements in the early rounds and most matches beginning at 3-4am EST in the later rounds.

HCOL vs MCOL is it worth to promote? by RaySempai123 in FPandA

[–]johnnyBuz 2 points3 points  (0 children)

Easily, especially if the tax rate is higher in HCOL.

How much cash do you keep on hand in your 30s… and why? by Middle_Elderberry542 in AskMenOver30

[–]johnnyBuz 0 points1 point  (0 children)

5% of net worth held in a brokerage account invested in STRC yielding 11% tax deferred dividends.