Doppelbanger

Mixed race (anglo-germanic).
Trans (male to alpha male).
Island boy (manhattan).
Dealchad.
He/haw.
6',9"

[Doppelbanger @doppelbanger__]

Tentative chapter titles for my forthcoming memoirs:

1. Why I am a stud
2. Why I am ballsy
3. How I avoid taking shit from anybody

[Papel Banneado @PapelBanneado]

"Wilhelm estas absolutamente seguro que hace falta que me desnude para pintar el collar de coral?"

"Sísí, vos confía..."

[Doppelbanger @doppelbanger__]

@kaliyugacitizen @tolstoybb He was later fired with a very large severance package for drunkenly harassing the CFO at the holiday party

[Doppelbanger @doppelbanger__]

@kaliyugacitizen @tolstoybb I worked with a guy who went on short term disability because he got so hammered he broke both his legs after jumping off a statue that he drunkenly climbed on. When he returned to work his colleagues celebrated by taking him out and getting him hammered again

[shako @shakoistsLog]

in the old days before homosexuality was mainstream, you could do this sort of platonic intimate stuff with your bros without everyone thinking you’re gay. in our modern gay obsessed culture people will immediately think you’re a homosexual.

[Doppelbanger @doppelbanger__]

@TheSalonDon You can never be too rich or too tan

[Doppelbanger @doppelbanger__]

The real question is are men with yellow fever more or less likely to get this correct.

[Justin @interjc]

一眼识别谁是中国、日本、韩国女生

[Doppelbanger @doppelbanger__]

@MostlyMonkey Private equity marking to market

[Doppelbanger @doppelbanger__]

@TURBOPOSSUM And a gallon of gas is sometimes cheaper than a gallon of water that they just fill up from some mountain stream

[William the Sculptor @PaqWilly]

I've spent all day refining the breasts of my latest sculpture. They have a tendency to grow as I develop them as I attempt to render them in a way that the viewer can "feel" the weight and suppleness, formed by posture and gravity. They should look realistic but idealized. Once I get to a certain stage I refine by using a rake tool to gradually present the fullness while making sure they aren't too large to get that across. For me a C-cup works best in sculpture to help infuse fertility. High riding nips, where the swell of the breasts resides slightly underneath. Perky but not too firm.

In painting Frazzetta knew how to do it. In sculpture, I can't think of a single household name who could. Michelangelo couldn't and for me Rodin's boobs were almost an afterthought.

[Doppelbanger @doppelbanger__]

Tanning is the most altruistic thing you can do: look hot for other people's benefit while harming yourself.

[Doppelbanger @doppelbanger__]

@Kellen_the_man It was a tough choice for me as well, but since gas is free in California I decided to stick with what I’ve got currently for a few more years

[Doppelbanger @doppelbanger__]

@BowTiedBull 25m of that 40m is taxed at 40% estate tax, so they actually only get $30m

[Doppelbanger @doppelbanger__]

@MostlyMonkey It's not just intelligence though. I don't think the HYPS grads who become Fortune 500 CEOs and prestige journalists and extremely wealthy are the smartest of the group. It's more selecting for ambition since most people getting into those schools are already distinguished

[Doppelbanger @doppelbanger__]

@ayykei @MostlyMonkey Every expense category goes up. You need a significantly bigger house. And women typically want to do remodeling and buy more expensive furniture. Vacations get more frequent/expensive. Can't eat batchelorslop anymore. Plus saving for kids' future education.

[Doppelbanger @doppelbanger__]

@MostlyMonkey It’s crazy how much more money you need once you have a family. You’d think it would be like 2-3x more but it’s more like 8x

[Doppelbanger @doppelbanger__]

@MostlyMonkey Wait until you learn about French Fries

[Doppelbanger @doppelbanger__]

Eh lots of the value in PE is from multiple expansion, especially at the lower end of the market. I guess if it’s combined with bolt on acquisitions then it is real value creation since a larger business is less likely to fail but I don’t think that’s the main driver of returns

[John Caple @BigJohn043]

This is non-sense.

PE only makes money when they make a company more valuable. Debt paydown is almost always a small portion of the return. While sometimes cost reductions make a company more valuable, generally business buyers are pretty smart. They aren't going to pay up for a business that has been stripped. They will pay up for business that show top line growth, shifts to segments with more recurring revenue, etc. Most PE investments focus on growth.

The idea that PE isn't focused enough on the long term is truly wrong. Talk to anyone that has worked in a public company and there is intense focus on simply the next quarter. When they get to PE they are amazed at the focus on 3-5 years out. And BTW, even if we are going to sell in 3-5 years we also have to make investments so the next buyer has a good return in their 3-5 year hold after that. Way less short term focused.

Should we focus on 10-20 years out? While this sounds good, many investments focused on those types of time horizons are just a waste of money. Who knows what the world will look like in 20 years. If an investment can't be justified over the next 5 years then most times it is just a bad investment. I am sure there are limited exceptions but I am very skeptical.

The bottom line is PE only makes money if they build better businesses. Not every PE firm is successful and even the successful ones have deals that don't work. But there are also public companies and founder owned businesses that fail.

The success and returns of PE suggest that overall they are building better businesses and that is good for society as a whole.

[Doppelbanger @doppelbanger__]

@SlumRNA_Dog When I was dating I matched with a lot of girls who said they were 5’8”+ and definitely were not anywhere near that. Unclear if they actually thought they were that tall or were lying for some reason or other

[Doppelbanger @doppelbanger__]

.@bronzeagemantis has many ideas worth funding

[Nan Ransohoff @nanransohoff]

New blog post: The third wave of American philanthropy

Hundreds of billions of dollars in new philanthropic capital will soon become liquid. The OpenAI Foundation holds 26% of OpenAI, worth about $220B at today’s valuation. Anthropic’s seven co-founders have pledged to give away 80% of their wealth and have instituted the most aggressive donor matching program for employees in tech history.

How much does this all add up to? And how meaningful is that in the context of philanthropy today?

I was doing some simple napkin math to wrap my head around the scale of what’s coming, and radicalized myself in the process. I had dramatically underappreciated the scale of the philanthropic capital that’s about to become available and the corresponding gap in talent and organizations that will be needed to make the most of it.

This piece aims to directionally sketch the scale of what’s coming, the gap in operational capacity needed to absorb it, and what we can do to fill it.

(Link to full post in reply)

[Doppelbanger @doppelbanger__]

@Delicious_Tacos This is after he started peating