In April 2026, I gave up my private sports club membership. The stock market was correcting again due to the war in Iran, oil and inflation had shot up, and I figured it was time to cut expenses and simplify. The membership was $185 a month. On top of that I paid $25 per guest […]
The Sad Reason People Go Private, And It’s Not Status Read More »
I have been a landlord since 2005, the year I rented out the very first property I bought in San Francisco after buying a single-family home. Since then I’ve been through all sorts of disputes. Neighbors texting me that my tenants were running across their roofs during Fleet Week. A heaping pile of trash left
The Beeping Was Coming From Inside The House Read More »
I wrote this post because I needed a kick in the pants. I was finishing my fifth straight day of seven to nine hours of nonstop childcare, plus three posts and a newsletter, and I still had four more days to go. My wife and I were both sick, but she had it worse, so I
The Golden Window To Spend Time With Your Kids Is Smaller Than You Think Read More »
Housing affordability is at a crisis low. You’ve read that headline a hundred times. Either incomes rise or home prices crash to get back to pre-COVID levels. That’s true if you measure a home in dollars earned. It’s not true at all if you measure one in shares owned. Every affordability index compares income to
Build A Taxable Stock Portfolio The Size Of Your Dream Home Read More »
After publishing The Untold Burden Of Being Your Family’s Financial Provider, I got this comment from a reader named Brian: “I can identify with this post as I am the family CFO / CIO. I think you are WAY overcomplicating this. What is wrong with merely investing in VTI / VXUS and chill? My returns have
Take More Risks To Avoid Being Financially Average Read More »
Something funny happened after I spent $3,000 fixing up my 2015 Range Rover Sport. A 2026 Range Rover Sport in the same black on black with only 905 miles became available. It was the perfect setup, because buying a brand new car is a serious waste of money. When you’re the family’s financial provider, your
The Untold Burden Of Being Your Family’s Financial Provider Read More »
This summer I toured a couple of 6,000 to 7,000 square foot mansion in the Kahala neighborhood of Honolulu, all in preparation for a potential move in two or three years. We plan to move back for either 6th or 7th grade for our son and 3rd or 4th grade for our daughter, so we
Buying A Mansion In Paradise Might Be Backwards Read More »
On August 5, chief AI scientist Jeff Dean announced he was leaving Google after 27 years. Google proceeded to lose ~$180 billion in market cap, making this the largest impact I’ve ever seen by one employee departing. He’s co-founding Discovery Loop, a public benefit corporation aimed at using AI to automate the scientific research process
Why Venture Capital Funds Must Get Bigger To Compete Read More »
On August 6, the first tranche of locked-up SpaceX shares was released. Roughly 911.5 million shares became eligible to trade in a single session. SPCX went up 6%. Then it went up again the next day, closing out a two-day gain of about 11% on the exact event everybody had circled on their calendar as
Everybody Got The SpaceX Lockup Expiration Wrong, And I’m Not Selling Read More »
According to an Indeed Hiring Lab analysis, women now hold more payroll jobs than men in America. It’s only the third time this has ever happened. The first two times, during the Great Recession and just before COVID, the gap snapped back once construction and manufacturing started hiring again. This time looks different. Between February
The Stay At Home Man (Boyfriend Or Husband) Is A Great Trend Read More »
