Bryan

Photographer | Technologist | Hiker | Traveler

[Bryan @TheRealBitBry]

Hey Grok. Give me a list of films where humans block out the sun.

Here’s a list of movies where humans block out the sun, either intentionally or as a significant plot element:
1. The Matrix (1999) - Humans scorch the sky to block sunlight, attempting to deprive machines of solar energy, leading to a darkened, dystopian world.
2. Highlander II: The Quickening (1991) - A shield is built to block the sun’s radiation due to a damaged ozone layer, causing perpetual darkness and ecological collapse.
3. Snowpiercer (2013) - While not directly blocking the sun, humans cause a global freeze by deploying a chemical (CW-7) to combat global warming, plunging the world into an ice age where sunlight is scarce.

[Bryan @TheRealBitBry]

@disclosureday But in real life…

[Bryan @TheRealBitBry]

@BenGruenbaum Took a picture in the movie theater.

[Bryan @TheRealBitBry]

@ewarren You act like he is Scrooge McDuck. It’s almost all stock, while creating hundreds of thousand of jobs directly and indirectly.

[Bryan @TheRealBitBry]

It’s disclosure day folks. #disclosureday

[Stackzilla.io @Stackzillaio]

New on Stackzilla:

The Art of Staying Current Information Management for Tech Professionals

A practical look at the skills and habits that keep tech people moving forward. Use…

https://t.co/jw0b6YQiJl

[hunter @hxxntrr]

Elon Musk hasn't sold a Tesla share in years and lives off $1 billion in personal loans

His Tesla stock keeps appreciating
The loans charge him 2-3% interest
The IRS never sees a single dollar of capital gains tax

This is exactly how the wealthiest people in America accumulate wealth without paying taxes and it's available to anyone with $100K+ in assets

The strategy is called "borrow against appreciated assets" or sometimes "buy borrow die." It's the single most powerful tax-minimization strategy used by ultra-wealthy individuals in America

Mechanics:

When you SELL an asset that has appreciated, you owe capital gains tax. Federal long-term capital gains rates: 0%, 15%, or 20% depending on income. Plus state capital gains in most states (CA: 13.3%; NY: 8.82%). Plus net investment income tax of 3.8% for higher earners (IRC Section 1411)

For someone like Elon Musk selling $1B in Tesla stock, the total tax bill would be approximately:

Federal capital gains at 20%: $200M
Net investment income tax at 3.8%: $38M
Texas state tax: $0 (Texas has no state income tax, this is why Elon moved there)

Total tax bill on selling $1B: $238M

When you BORROW against appreciated assets, you owe ZERO tax. Loan proceeds are not income under IRC Section 61. They never appear on your tax return. They never trigger a tax event

For Elon to access $1B in cash for spending purposes, the math is:

Sell $1B in Tesla stock: $762M in net proceeds after tax
OR
Borrow $1B against $1B in Tesla collateral at 2-3% interest: $1B in net proceeds tax-free

Selling costs him $238M in taxes
Borrowing costs him $20-30M/year in interest (or roughly $200-300M over a decade if held that long)

But the borrowing strategy has additional benefits:

Tesla stock continues to appreciate. Over 10 years, $1B in Tesla stock has historically appreciated to multiples of that. Selling locks in the gain at today's value. Borrowing keeps the upside

The interest paid on the loan is potentially tax-deductible if structured as an investment loan (IRC Section 163(d)). Effective after-tax cost can be reduced to 1-2%

The loan never has to be repaid during his lifetime. He can refinance it indefinitely. When he dies, his heirs inherit the stock at a "stepped-up basis" (IRC Section 1014). The accumulated capital gains die with him. The heirs sell the stock at the stepped-up basis, pay off the loan, and keep the entire upside tax-free

The wealth transfers from Elon to his heirs entirely tax-free if structured correctly. Estate tax is a separate question but is largely avoidable through proper trust structures

The ultra-wealthy version of this strategy:

Borrow against appreciated stock
Use the loan proceeds for consumption (homes, cars, art, business operations)
Never sell the underlying stock
Refinance the loan at maturity to extract more cash if the underlying has appreciated
Pass everything to heirs at death with stepped-up basis
Heirs sell with $0 in accumulated capital gains tax owed

This strategy is sometimes called "buy, borrow, die" by tax planners. It's the foundation of how billionaire wealth perpetuates across generations without significant taxation

Available products for this strategy:

Pledged Asset Line (Schwab): borrow up to 50-70% of portfolio value at SOFR + 1-2%
Securities Backed Line of Credit (Morgan Stanley, Goldman): similar terms, $1M+ minimum
Custom Lending Solutions (private banking): for $10M+ portfolios, rates can drop to 1-2%

The accessibility tier:

If you have $100K+ in investment assets at Schwab/Fidelity/Vanguard, you can open a Pledged Asset Line. Typical terms: borrow up to 50% of your portfolio value at SOFR + 1.5-3% (current rates roughly 6-8% all-in). No fixed monthly principal payments. Interest only or pay nothing as long as the loan stays below the maintenance threshold

For someone with $200K in stocks/ETFs:
Borrow $100K at 6.5%
Use the $100K for any purpose (real estate down payment, business operations, etc.)
Annual interest cost: $6,500
Tax savings vs selling stocks: roughly $20,000-$30,000 in deferred capital gains
Net benefit: $13,500-$23,500/year in tax savings during the borrowing period

For someone with $1M in stocks/ETFs:
Borrow $500K at 6.5%
Use the $500K for real estate purchases, business equity, etc
Annual interest cost: $32,500
Tax savings vs selling stocks: roughly $100,000-$150,000 in deferred capital gains
Net benefit: $67,500-$117,500/year

Comparison to the alternative:

If you sell $500K in long-term appreciated stock to access cash:
Federal capital gains at 15%: $75,000 owed
State capital gains (varies): $20,000-$40,000 owed
Net cash to you: $385,000-$405,000

If you borrow $500K against the same stock:
Net cash to you: $500,000
Tax owed: $0
Annual interest cost: $32,500

Even paying $32,500/year in interest, you're $90K-$110K ahead in year 1 and the gap grows because your stock keeps appreciating while you hold it

The compounding effect over 20 years:

Person A sells $100K of Tesla stock at 15% capital gains, takes $85K. Spends it
Person B borrows $100K against $100K of Tesla stock, takes $100K, spends it. Stock keeps growing at historical rate (let's say 20%/yr conservatively)

20 years later:
Person A: stock is gone. Whatever they bought with $85K is whatever it is
Person B: still owns the original $100K in Tesla, now worth $3.8M. Refinanced the loan multiple times. Currently owes maybe $200K against $3.8M in collateral. Net wealth on this position: $3.6M

Same starting position. Different decision. $3.5M+ difference in 20 years

Important caveats:

The strategy works only when underlying asset is appreciating
Margin call risk if asset value drops below maintenance threshold
Interest costs accumulate over time and eventually reduce the net benefit if rates rise enough
Some borrowing limits apply (typically max 50-70% of portfolio value)

The strategy is most powerful for:

Concentrated stock holdings in publicly traded companies (especially employee stock from tech companies, founder stock, ESOP grants)
Large diversified portfolios held in taxable brokerage accounts
Real estate equity (similar strategy via cash-out refinances)
Business equity (some forms of borrowing available against ownership stakes)

The strategy is least useful for:

Small portfolios under $50K (interest costs eat any benefit)
Retirement accounts (can't borrow against IRAs/401(k)s; some 401(k)s allow loans but limited to $50K)
Assets without an established lending market (collectibles, private real estate that's hard to finance)

The reason this isn't standard financial advice:

Most financial advisors are compensated based on assets under management. They make more money when you keep assets invested. They don't necessarily make money when you optimize for cash extraction. The strategy is genuinely good for sophisticated clients but doesn't fit the standard advisor compensation model

Banks DO know about this strategy. They actively market it to wealthy clients. The Pledged Asset Line and securities-backed line of credit products are billion-dollar businesses at every major brokerage. They're just not marketed to ordinary retail clients because the minimums and complexity make them inappropriate for mass market

The threshold for accessing this strategy:

$100K+ in liquid investment assets = entry-level access via Schwab/Fidelity
$1M+ = full access to most products and competitive rates
$10M+ = access to private banking rates of 1-2%
$100M+ = Elon-level rates of essentially 0% real cost after tax deduction and stock appreciation

At each tier, the math becomes more favorable. The richest Americans access this strategy at rates that mean borrowing $1B is essentially free relative to their portfolio appreciation

Most middle-class Americans never use this strategy because:

They don't know it exists
They don't have $100K+ in taxable investment accounts
They follow standard advice that says "live within your means and don't borrow"

The wealthiest Americans use it constantly because:

They have the assets
They understand the math
They follow advice from advisors who are sophisticated about tax optimization

The gap between the two groups isn't talent. It's understanding that the tax code is written to reward holding assets indefinitely and penalize selling them. Selling = taxable event. Holding + borrowing = no taxable event. The system rewards never realizing gains

Elon never sells Tesla. He never pays capital gains tax. The IRS doesn't collect a dollar from his accumulated wealth. The strategy is legal. It's mathematically optimal. And it's been written into the tax code since before any of us were born

You don't need to be Elon to use this strategy. You need $100K and a Schwab account

(we get business owners up to 250k in 0% interest business funding, link in bio)

[Bryan @TheRealBitBry]

Do you remember when you joined X? I do! #MyXAnniversary

[Bryan @TheRealBitBry]

@scs_real I didn’t know Jay Leno was that close to Eddie Murphy.

[CyrilXBT @cyrilXBT]

THE JOB MARKET IS ABOUT TO GET WEIRD.

And most people are not prepared for what is coming.

Companies in 2026 are not looking for data scientists.
They are not looking for ML engineers.
They are not looking for people who can build models from scratch.

THEY ARE LOOKING FOR AI NERDS.

The person who walks into a meeting, sees a 4 hour manual process, and kills it in 10 minutes with Claude Code and LLMs.
The person who refuses to do anything manually twice.
The person who looks at every repetitive task and asks one question:

Why is a human still doing this.

That mindset is worth more right now than a machine learning PhD.
More than five years of Python experience.
More than any certification from any university.

THE NEW VALUABLE SKILL IS NOT TECHNICAL.

It is a refusal to accept inefficiency.

The people who develop that refusal this year will be completely unemployable in the old way and completely irreplaceable in the new one.

Which side of that line are you on.

[Rozzabuilds @rozzabuilds]

If you’re building a startup and looking for users, post in these subreddits:

r/entrepreneur
r/startups
r/saaS
r/sideProject
r/indiehackers
r/growthHacking
r/productivity
r/smallbusiness
r/entrepreneurRideAlong
r/buildinpublic
r/solopreneur
r/microSaas
r/startup_resources
r/appIdeas
r/business_Ideas
r/startup_Ideas
r/scaleinpublic
r/indiebiz
r/growmybusiness
r/webdev
r/webdesign
r/marketing
r/ecommerce
r/freelance
r/internetIsBeautiful
r/analytics
r/SEO
r/socialMediaMarketing
r/advertising
r/PPC
r/content_marketing
r/askMarketing
r/roastMyStartup
r/alphaandBetaUsers
r/startups_promotion
r/plugyourproduct
r/madethis
r/imadethis

Share your story and ask for feedback at a minimum. Make the post engaging. Don't just drop a link.

Save this for launch week!

[rvivek @rvivek]

The hottest job for the next five years is going to be the agent operator.

They don't need to be an engineer. They can walk into marketing, legal, or life sciences research and actually make agents work for that function.

Required skills:
> MCPs
> CLIs
> Writing skills (the file kind)
> agents.md fluency
> Business acumen

None of this is in any CS curriculum today.

Soon, enterprises will be pressured to redesign their workflows for agents, not for people. And when that happens, agent operators will be in massive demand.

[Pradeep Pandey @Div_pradeep]

97% of iPhone users are shooting at 12MP.

Their phone does 48MP.

Apple defaults your $1200 camera to a quarter of its actual resolution.

I changed 7 settings last week and my photos instantly looked professional.

Here's what Apple doesn't tell you:

[Liv Boeree @Liv_Boeree]

what in the ever loving fuck

[MERICA MEMED @Mericamemed]

This is simultaneously the funniest and most relatable reel I’ve ever seen in my life

[Dr. Clown, PhD @DrClownPhD]

Imagine this cast for a live-action version of Shrek! 😲

[Bryan @TheRealBitBry]

@mamacita4life2

[Bryan @TheRealBitBry]

@EHuanglu Expelliarmus ! Bruh!