I am a collector of ideas, advisor, Certified Financial Planner™. Fee-only planning practitioner @hileyhunt My tweets are not endorsements or advice in any way.
@gmussman@rfeagan I agree with everything Grant said! Depreciation and cost segregation depreciation is a power tool. Too bad there isn't really a tool like it for non-real estate investors!
A long post about risk that I've been meaning to write for a while.
It's a personal story, something I haven't talked much about in 20 years.
The Three Sides of Risk
https://t.co/PihnyUJQua
CEO of a 400+ employee business says WFH is working well, he may not renew his SF lease to save $10m a year (office + lunches etc) and instead do a couple of all-hands offsites a year (much cheaper). Lots of others must be thinking similarly- CRE could be permanently altered.
I’m moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here: https://t.co/hVkUczDQmz
We made these intubation shields available for hospitals less than 5 hours ago and we already have shipments going out to both coasts. From idea to product making an impact in less than 2 weeks. It's great to work with the innovators at @unmc and @NebraskaMed#COVID19
To stay afloat in the Great Depression, the Coors Brewery started a ceramics division.
Fast forward to 2019: the ceramics business (CoorsTek) did $12.5b in sales, more than the $10.6b MillerCoors did last year.
h/t @loosethreadscom for this
New piece on how World War II is probably the best guide to what happens next -- not combat or geopolitics, but the way the war unified everyone toward a common cause.
Common Enemies
https://t.co/sipuZcVoop
Read this a few minutes ago and it gently rebuked my self-interest, self-preservation, and lack of gratitude. Great way to kick off what I expect to be a very difficult week by remembering that I'm not the star of this weird drama called life.