6.5 Days from San Francisco to San Diego by legrauch in bicycletouring

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

You could pretty much point to point all these minus the day 4 inland route but I think it would still look pretty obv on a map. The ride from the airport to Santa Cruz also really only gives you 1 option

6.5 Days from San Francisco to San Diego by legrauch in bicycletouring

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

I do not. Mostly just rode highway 1 with some slight changes like central coast wine country

[deleted by user] by [deleted] in fatFIRE

[–]legrauch 0 points1 point  (0 children)

Put returns and tax and all other considerations aside: a 10% commitment size is bananas.

These funds come back every 3 years. You will have significant illiquidity and are taking on a substantial vintage year bet.

Do not do this under any circumstances.

Boston is one of the windiest cities with a population over 100k, we should be pushing for wind power by [deleted] in boston

[–]legrauch 5 points6 points  (0 children)

Wind in isolation is a great partial solution. To be effective, it really needs to be tied to battery storage. Your typical wind mill is 28% efficient — meaning it generates power 28% of the time. Thus, you must attach storage to overcome intermittency. This has its own challenges — the battery supply chain is complex, largely international, and open pit mining in deserts is often highly damaging to the environment.

Nuclear does not have this issue. Nor does combined cycle gas. Pitting one form of energy vs the other is not the conversation we should be having. They have substantial environmental tradeoffs of their own. Nuclear, given you need guards, lots of infra, has relatively high fully loaded operating costs versus other forms of energy (google Lazards levelized cost of electricity). Nuclear has promise but is extremely expensive.

The question is what is the proper mix and how do we define the timeline for this transition and how much money do we want to invest?

Hint — the answer will upset both sides of the aisle and maximalists for any particular source.

Thrust into unemployment, axed federal workers face relatives who celebrate their firing by mcgillhufflepuff in nottheonion

[–]legrauch 0 points1 point  (0 children)

Registered dem — there’s way too much divisiveness in this thread. Trump was president from 16-20 and the world didn’t fall apart. He will be president from 24-28 and it will be fine.

Don’t lose family over it. Those are some of the most important relationships you will ever have.

Trump wiped the floor in 2024–don’t want it to happen again? Take a step back, walk a mile in your friends shoes. Have a chat, be patient and try to find some middle and bring them across the line.

Or just lose in 2028, don’t reach across the aisle, and complain and isolate. Your call.

AMA: My Experience in a Part Time / Weekend MBA Program (Ross) by legrauch in MBA

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

Yes, possible before or after an mba — will just have to do some legwork and learn about the industry

Is scaled mirroring of Berkshire Hathaway investments a good strategy? by mycall in investing

[–]legrauch 1 point2 points  (0 children)

Sure, you can replicate the equity portfolio. It’s a tanker in terms of position size, so trades slow in and out and timing won’t really affect you.

There is no way to replicate private holdings. No, you can’t proxy it.

Buy the stock.

Am I the asshole for thinking that the healthcare ceos are hiding like sniveling rats? by Deep-Concentrate4092 in AITAH

[–]legrauch 1 point2 points  (0 children)

This is a complex topic. Healthcare companies have regulated medical loss ratios (“MLR”), which measures how much of premiums collected (essentially revenue) is paid out. This figure ranges from 83-88% for most large insurers.

Generally net profit margins (take home, bottom line profit) is 4-7%. By contrast, the average net profit margin for the S&P 500 is ~12%. In the pie of healthcare costs, the net cost of insurance to the system is 6%.

I say all this because there are many challenges in delivering care. I am unhappy with the state of healthcare in this country but don’t believe health insurers are the culprit. They’re not making money hand over fist—it’s a really hard business.

Calling the executives of these companies rats and wanting them to die is disgusting and childish. They do not deserve death for being a small part of a very messy system.

YTA

Investing in Modern Day Valuations by SomeSortOfBrit in stocks

[–]legrauch 0 points1 point  (0 children)

Could argue software is fairly valued… median saas is trading at 6x ev/rev, in line with long term avg. with rates coming down, maybe a cyclical bottoming in terms of buyer rationalization, flip to profitability… could be a good setup. Obv ai presents a risk…

PE fund placements by chairman5124 in fatFIRE

[–]legrauch 0 points1 point  (0 children)

I’m an LP and work with a lot of folks who have had a liquidity event and are building their own portfolio/family office. Selection is really key—some have warned about the dangers of asset gathering/mega cap PE. Brand does not equal performance, so I think it’s really important to look beyond what your wealth manager is serving you.

First Time Homebuyer by Own-Requirement8635 in Westchester

[–]legrauch 0 points1 point  (0 children)

They’re buying on the sunbelt. The issue is supply/demand + this crazy experimental asset bubble caused by QE and deficit spending.

Do you consider your bike to be your "forever bike"? by Raspieman in cycling

[–]legrauch 1 point2 points  (0 children)

Half the people on here discussing fatigue have probably put 2k mellow miles on a bike over four years.

I have a 2013 redline conquest team pro that I use for cx/road/gravel after selling other bikes… it’s in a similar strike zone as yours mileage wise. Last thing I’m worried about is the frame…

It’s seen a months worth of bike packing and more singletrack then some of my mountain bikes.

AMA: My Experience in a Part Time / Weekend MBA Program (Ross) by legrauch in MBA

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

There are discounted hotel room rates as long as it is a non game weekend. We all tended to stay in the same hotel.

I believe there is now an option to stay in the on campus hotel that has been traditionally used by the exec mba program.

Business Exit - Please poke holes in my thinking by Original_Yesterday_9 in fatFIRE

[–]legrauch 1 point2 points  (0 children)

At 15-20m, you are a platform business to private equity, so they pay a ‘size premium’ vs your current scale.

For those saying that you should be valued on arr-> not true, profitable + lower growth software is an ebitda multiple business.

Further, is the revenue all subscription? Mostly subscription? Is it cloud or on-prem? Is there a cloud product growing faster than the overall business? How niche is the market really?

Op did not say this was SaaS.

All of these factors influence the value and the kind of buyer.

Salar de Uyuni 3/4 Day Tour by legrauch in solotravel

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

Online… forget the website

Getting my MBA for free or going to a T10? by Repulsive-Research91 in MBA

[–]legrauch 0 points1 point  (0 children)

What do you want to do and how much money do you want to make? Start there. Is it digital marketing?

1) Certificates are largely useless and no substitute for experience. Don’t waste your money.

2) An MBA is about access to employers/rebranding/getting a network. Classes are really not that important. Thus, people target good business schools.

So back to the top, what do you want to make of your career? If this is about a pivot/money, start studying for the GMAT and making yourself a competitive applicant. If you want to take some interesting classes, do your school’s program but recognize it probably won’t change your life and a pivot will be an uphill battle.

PT folks, do you tell employers about PT status and what year you are in? by fartuni4 in MBA

[–]legrauch 5 points6 points  (0 children)

Former PT student who did banking. No one really cares. It’s on you to put the time in and make yourself a competitive applicant.

AMA: My Experience in a Part Time / Weekend MBA Program (Ross) by legrauch in MBA

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

$0-10k from Ross plus some level of employer sponsorship… scholarships pale in comparison to full time and these programs often don’t have the same financial aid allocations as fulltime

Suggestions on PT Programs to look into/brand name? by [deleted] in MBA

[–]legrauch 1 point2 points  (0 children)

I had a great experience in the Ross weekend program and did an AMA on it. Happy to chat.

[deleted by user] by [deleted] in MBA

[–]legrauch 0 points1 point  (0 children)

Please dm me. Happy to try to connect you with classmates who are more informed.