Now with improved maths:
Put $1,000 into stock (1.0000 share).
Assume a 36% unrealized gains tax, charged on Jan 1 snapshots, paid in cash → forced selling.
Year 0:
• End price: $2,000
Year 1 (Jan 1: $2,000)
• Shares: 1.0000
• Unrealized gain vs $1,000: (2000−1000)×1.0000 = +$1,000
• Tax: 36% = $360
• Sell to pay: 360/2000 = 0.1800 shares
• Shares left: 0.8200
• End price: $800 → value $656
Year 2 (Jan 1: $800)
• Shares: 0.8200
• Unrealized gain vs last Jan 1 ($2,000): (800−2000)×0.8200 = −$984
• Tax: $0
• End price: $1,200 → value $984
Year 3 (Jan 1: $1,200)
• Shares: 0.8200
• Unrealized gain vs last Jan 1 ($800): (1200−800)×0.8200 = +$328
• Tax: 36% = $118.08
• Sell to pay: 118.08/1200 = 0.0984 shares
• Shares left: 0.7216
• End price: $1,000 → value $721.60
Year 4 (Jan 1: $1,000)
• Shares: 0.7216
• End price: $1,000 → value $721.60
MFW stock ends at $1,000 (0% vs start)
MFW I still paid $478.08 tax
MFW forced selling left me with $721.60
🇪🇺 Telegram sent this message to all its users in France regarding Chat Control. People must know the names of those who try to steal their freedoms:
Today, the European Union nearly banned your right to privacy. It was set to vote on a law that would force apps to scan every private message, turning everyone’s phone into a spying tool.
France led the push for this authoritarian law. Both former and current Interior Ministers, Bruno Retailleau and Laurent Nuñez, supported it. Last March, they declared that police should see French citizens’ private messages. The Republicans and Macron’s Renaissance group voted for it.
Such measures are supposed to “fight crime”, but their real target is regular people. It wouldn’t stop criminals — they could just use VPNs or special websites to hide. Officials’ and police messages wouldn’t be scanned either, since the law conveniently exempts them from surveillance. Only YOU — ordinary citizens — would face the danger of your private messages and photos being compromised.
Today, we defended privacy: Germany’s sudden stand saved our rights. But freedoms are still threatened. While French leaders push for total access to private messages, the basic rights of French people — and all Europeans — remain in danger.
This is "Eve & Adam"
Tips below on how I made this using Gemini, JSON prompts (and why), Runway Aleph, and Veo3.
Spoilers below. Watch before reading 🤘
This is "Eve & Adam"
Tips below on how I made this using Gemini, JSON prompts (and why), Runway Aleph, and Veo3.
Spoilers below. Watch before reading 🤘
@jonathandenoo Custom scripts will get easier to make/maintain over time with AI coding. Platforms will have improvements as well but ultimately AI will be faster than any Plaform, without any of it's dependencies or limitations.
Sam Altman: “This is probably the best time (maybe ever) to be starting your career”
When asked how startup founders should handle a failed venture or pivot, Sam responds:
“First of all, I think this is probably the best time — maybe ever — to be starting out your career because you will get to surf the greatest technological wave, maybe ever. And what that means is you can change course many times because you will have this unbelievable tailwind.”
He advises founders to not get too hung up on any particular setback or failure — or even just changing your mind if you find something more exciting to go after:
“I think this is going to be an unusual time in how much it rewards adaptability and decisive and quick movement. And I would trust that… And not get hung up on the fact that you decided to pivot or something didn’t work because you are just going to be flooded with opportunities for the next few years.”
He concludes:
“It’s still hard. It still always feels like a setback. But take the time you need to go on vacation, go for a hike, or just stew over it for a little while. But when you get back up, get back up with vigor.”
Video source: @HarvardHBS (2024)
Richard Socher says your view on AI depends on what you think your job is for.
If you optimize for output -- more stories, more illustrations, more healthy people -- AI is a gift.
But if your role is about getting paid by the hour, AI feels like a threat.
Why is X the only app that doesn't work when being in my bedroom with low connection speed. Youtube, chrome, etc work, X doesn't load new posts, just cache.
Anyone have a clue why?
@ludwigABAP I just subscribed to Windsurf, to work as a plug-in agent in PHPstorm. Now, Jetbrains announced Julie, which is their own agent. Not available in PHPstorm though.
The market will compete for the best agent logic for coding. OpenAI, Claude, Grok, etc. will supply one. Devs win ✌️