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Joined 3 years ago
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Cake day: July 9th, 2023

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  • every rich person about working from sun up to sunset is a lie

    I worked at a startup once where one of the guys was honest about that. He had helped a prior startup succeed and made his money, so was not interested in working.

    We paid for the name so investors would think we could succeed. He just screwed around when he actually made it in to work, but occasionally talked to investors about the great things he was doing



  • As an X’er not too far behind them:

    On paper I look like one of those hoarders: nice income and a lot of house equity. I also have above average 401k balance

    However

    • excessive home inflation
    • interest rates lock-in
    • medical emergency costs ridiculous
    • kid college costs ridiculous
    • car costs ridiculous
    • divorce lost half of everything
    • retirement age 65–>67
    • ageism means i can’t expect to work as long as I need to
    • boomer parents not going to leave anything

    We’re hit by all the same excessive inflation as everyone else but we can’t downsize because mortgage rates are too high. All the missing safety nets affect us as much as everyone, except we’re out of time to recover from any catastrophe.

    Given a family medical emergency, I missed 15 years of 401k contributions, and never upgraded from A “starter home”, despite what the valuation looks like, and I have a lot of major maintenance coming up

    I have to say that despite a lot of things that look really good on paper, I was much better off financially in my 30’s



  • Very informative, thanks!

    But I wasnt thinking carrier like a ship, but a flying carrier, a mother ship . A drone that can loiter all day above a battlefield, then release dozens of cheap drones when needed could make a real impact. At the same time you could put money into the drone that gets there, recons, loiters, and returns, while using the advantages of cheap short range suicide drones as your expendable “ammunition”.

    Why not both? A cheap disposable drone will never have much range, loitering, reconnaissance, so needs help getting to the battlefield (unless it’s your own town as in Ukraine). But even an expensive long range drone can only go so far. Think of the logistics hub as the military base only a couple hundred miles from Target, wherever there is an ocean. The loitering drone be battlefield over site and response, then cheap suicide drones as the ammunition