Co-founded Bullet Point Network, which runs the family office for a Goldman Sachs pre-IPO partner & helps investors to Quantify their Stories in Scenarios
I think that whenever we look at charts of home prices we should look at charts of home volumes. I imagine that the volumes are much much lower now than in 2021 and that's supporting the prices, because there are enough people that have made tons of cash on their equities and tech companies and they can afford to pay higher prices for the lower volumes of sales, and are buying better houses, because the prices indices don't adjust for what kinds of homes people are buying. But the people relying on mortgage rates probably would pay much much less than they would have a 2021 and are simply not buying. Sellers who locked in a 2% mortgage rate aren't selling. The unlock would happen if there's forced selling from job loss such as from AI. Then I'm afraid we would see a price drop that corresponds to the interest rate increase as the marginal supply couldn't be taken up by the people who've had the windfalls and would be taken up by the people who have to borrow.
@WorldAquatics@WorldAquatics please please please stop putting that myopic pool deck camera angle in your videos! That prevents seeing anyway. Just keep the higher angle, where we can actually see all the swimmers instead of just seeing splashing. Everyone agrees.
@jrichlive I've had one United flight so far that had Starlink, and it was nirvana. Like my occasion flight on JetBlue when they offer consistent fast Internet with whatever satellite they've used forever. United has historically been awful.
@AndrewKSheaff I think Egor Kornev's coach said that's what he's doing. He's getting amazing results. World-leading 50 free with fewer strokes, lower turnover, and 3 breaths. Just wait until he picks up the turnover a little...
@jrichlive@davidrgoldberg I've seen a lot of single-deal SPVs that charge 1 and 20. How can that make any sense? Did that used to be what you paid for someone else to make investment decisions for you?
Yeah I think that dolphin kicking on the back with arms to the side is the secret weapon. So on every kick set since 1988, that's what I've been doing instead of using a board, because boards prevent you from crushing every wall underwater and from undulating your body like you should.
@jrichlive For my part, I've been able to rebuild with fresh eyes and modern infrastructure things I spent decades building before. I've been rebuilding them multiple ways for A/B tests.
@Bajuwandres@tferriss Awesome! And for me one year later, my knees are better too, and last month I lowered my age group national record in the 50 yard backstroke through better dolphin kick than I did 3 years ago before some knee cartilage broke off and I had surgery.
Like Tony Holler, I think simply recording times in practice for the same set over long periods of time can produce exciting wins. I do that with FORM goggles and https://t.co/FQsGZzR23y, and a few days ago, I blew away my personal record in 16x25s at 100 race pace, which is motivating.
@noahzweben@rabahrahil Can you all fix Bun so it stops crashing after the latest update to Windows and preventing Claude Code from using Chrome?? No response yet to many bug reports over the past 2 weeks since Windows updated and broke this for many people.
Yes, turning over got MUCH easier for me after I watched Michael Andrew's "end of stroke" videos 6 years ago. His dad emphasized that the stroke is done when the elbow reaches the side, and you should let go and get that elbow out of the water fast before straightening the arm. I had thought "finishing the stroke" was the most important thing, and I had been dead wrong. What you lose in stroke distance by not straightening the arm underwater you more than make up for in reduced effort getting that arm out of the water and increased EASY turnover. Completely transformational.
Yes exactly. These assertions that saving won't matter make no sense. They assume the economics is driven by greed for absolute material gain, but Charlie Munger clarified that it's driven by envy, which is why people aren't happy even though we already all live better than kings from 100 years go. Elon is talking his book, and it's dead wrong even though we'd all like to believe it.
@r0ck3t23 Did you forget that Charlie Munger pointed out that human behavior isn't driven by greed but by envy? There will also be scarcity of something that people compete for. AGI won't make more Malibu beachfront houses.