61–70 of 90 posts
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When you get a loan you don't pay taxes. You pay taxes on the income used to pay it back, or the gains when you sell an asset to pay it back.
Yeah I’m confused about this part. Is there some loophole where they never have to pay the loan back? Otherwise they’d be taxed at that point.
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Yeah I’m confused about this part. Is there some loophole where they never have to pay the loan back? Otherwise they’d be taxed at that point.
The loopholes are well known at this point. They keep renewing loans until they die, then it's tax-free after death. It's called Buy-Borrow-Die.
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Markets can remain irrational longer than you can remain solvent. - John Maynard Keynes
What a great quote man. First time I read something like this. And thanks for crediting the author, now I can go learn more about him.
> My only regret in life, is that I did not drink more champagne
Musk has killed hundreds of thousands of people with his reckless dismantling of USAID ( https://www.currentaffairs.org/news/how-elon-musk-killed-hun... ) and actively promotes white supremacy and race riots on Twitter. The Georges Ruggiu of social media. Meanwhile, here in our little tech bubble, we pretend it's not happening -- that he's not spending half the day amplifying some of the literal worst people on Earth…
Musk has killed hundreds of thousands of people with his reckless dismantling of USAID ( https://www.currentaffairs.org/news/how-elon-musk-killed-hun... ) and actively promotes white supremacy and race riots on Twitter. The Georges Ruggiu of social media. Meanwhile, here in our little tech bubble, we pretend it's not happening -- that he's not spending half the day amplifying some of the literal worst people on Earth…
Right now there are a few stories on "/newest" calling out what is going on. A few of them:
https://news.ycombinator.com/item?id=48514107
https://news.ycombinator.com/item?id=48513464
Also plenty of people upvote these stories when they come up. Yes, most of them are not welcomed by the HN moderating rules/team, and yes a large portion of them get death-flagged.
But please do not disregard the people silently doing something about it. It only reinforces the lie that "people who care about democracy" are outliers and alone. No we are not!
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Have you watched a Starship launch? The more I understand the incredible feats of engineering they are performing the more bullish I become.
It doesn't make money. https://www.youtube.com/watch?v=-X6YzlY_8tM
if that's the reason, why people invest in amazon then since Amazon literally need 20 years for that company to be profitable
because they are not targeting dividend that's why, they expect the exponential growth by re-investing profit to grow the business at scale
we literally live in YC subs where (almost)every startup isn't profitable either but VC still invest, I wonder why you write this
I've read somewhere that even some janitors / lunch ladies became millionaires from their shares. Looking then at the great performance of some other stocks, I really wonder where we're headed
I would be surprised if janitors get shares. This is Musk we’re talking about.
Musk has killed hundreds of thousands of people with his reckless dismantling of USAID ( https://www.currentaffairs.org/news/how-elon-musk-killed-hun... ) and actively promotes white supremacy and race riots on Twitter. The Georges Ruggiu of social media. Meanwhile, here in our little tech bubble, we pretend it's not happening -- that he's not spending half the day amplifying some of the literal worst people on Earth…
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Musk has killed hundreds of thousands of people with his reckless dismantling of USAID ( https://www.currentaffairs.org/news/how-elon-musk-killed-hun... ) and actively promotes white supremacy and race riots on Twitter. The Georges Ruggiu of social media. Meanwhile, here in our little tech bubble, we pretend it's not happening -- that he's not spending half the day amplifying some of the literal worst people on Earth…
Agreed, but please saying "Meanwhile, here in our little tech bubble, we pretend it's not happening" is a quite a bit of a leap. Right now there are a few stories on "/newest" calling out what is going on. A few of them: https://news.ycombinator.com/item?id=48514107 https://news.ycombinator.com/item?id=48513464 Also plenty of people upvote these stories when they come up. Yes, most of them are not welcomed by the HN…
What does it take to make someone persona non grata in SV tech? Absolutely nothing, as long as they keep bringing in the big bucks. Nazi salutes, incitement of racial violence, thousands dead from starvation and cut-off medical care -- doesn't matter in the slightest. In a functioning society, Musk would not be able to go anywhere without being swarmed by protestors.
Earlier quoted context omitted.
Agreed, but please saying "Meanwhile, here in our little tech bubble, we pretend it's not happening" is a quite a bit of a leap. Right now there are a few stories on "/newest" calling out what is going on. A few of them: https://news.ycombinator.com/item?id=48514107 https://news.ycombinator.com/item?id=48513464 Also plenty of people upvote these stories when they come up. Yes, most of them are not welcomed by the HN…
Yes, but: it's hard to have optimism when 4/5 of articles about Musk's horrifying behavior are insta-killed, while Grok and SpaceX puff pieces are cheerfully discussed with nary a mention of their owner's murderous politics. What does it take to make someone persona non grata in SV tech? Absolutely nothing, as long as they keep bringing in the big bucks. Nazi salutes, incitement of racial violence, thousands dead fro…
A few more things that can give you perspective:
"Hope can be the consequence of action, not just its cause" https://youtu.be/WK6kRaBzbg4?t=114
https://feld.com/archives/2017/10/hope-consequence-action/
Elon Cancelled This...Let's Do it Anyway https://www.youtube.com/watch?v=MxmqTLps334
Finally, sometimes we just need a break. It is OK to take a break. Do not burn yourself out. This is a marathon, not a sprint. Finally, to quote a historian, "You're always in history, and your choices matter" (src: https://www.youtube.com/watch?v=AFbzg_bp-Q0)