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eaenki

237 karma · joined March 13, 2018

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eaenki··on Ask HN: How did Mira Murati rise to OpenAI's CTO role?
prolly cus shes kinda good looking to sam
eaenki··on North Korean hackers stole a record $1.7B of crypto last year
just buy homes from individuals. or rent luxury homes and and sub rent them. there are many individuals who will turn a blind eye on their real estate for a 30% premium.
eaenki··on Four Stars for Peeling Paint and Broken Doors? What’s Behind High Airbnb Ratings
hello, may I get the credit please? <3 I’m in a bad situation :|
eaenki··on Super-rich US households emit +2000x CO2 as avg low-income households
2% is just inflation. so you’d have the same $1 buying power in 900 bc as today.

5% and your argument would make sense. but besides revolutions, I think it’s hard because of variance to hit +5% 1000 times in a row and never -99%. you only need 10 bad years at -10% to go down 99%. from there to get back up you need a 10.000% and that’s not gonna happen.

the best bet as a theoretical thought, would be to buy useful natural resources and hide it in many different jurisdictions, as well as buying land.

eaenki··on Why hundreds of thousands of kids in the US dread their 21st birthdays
what’s the name of this program? i could not find it
eaenki··on Ask HN: Anyone else struggling to get a software dev job?
is that the sole respurce you use? is that where you found your current employer? please suggest others if you do use others.
eaenki··on Ask HN: Where are the good platforms for contract work?
can you name those swiss and uk agencies?
eaenki··on Ask HN: Where are the good platforms for contract work?
so whats ur adivce on writing proposals
eaenki··on Ask HN: Where do the smartest people you know work?
I don’t think I ever met someone I thought was really smart. That leaves me and as for myself, I started 2 companies, 1 was mildly successful.
eaenki··on Sofonisba Anguissola, a female superstar of the Renaissance
How can they say it's a "superstar" when her paintings sell for $10-70K while a Da vinci sells for $400M. It's not like there are more than 30 of her paintings in circulation from what I could find
eaenki··on Ask HN: Digital nomad developers, how much are you charging?
How do you specifically find work?
eaenki··on Ask HN: Digital nomad developers, how much are you charging?
How do you specifically find work?
eaenki··on Ask HN: Digital nomad developers, how much are you charging?
How do you specifically find work?
eaenki··on Hermeus Raises $100M Series B
Lucky sob
eaenki··on My Stripe Tax Story
this is the standard at Stripe don't act like you don't know guys
eaenki··on Ask HN: Why are the stock markets tanking?
It’s not like every person institution and algorithm sells at the same time lol. Also, cascading effects.

Markets hate instability, and any price takes time to consolidate. It might never “consolidate”during high volatility.

dont see this as up as down but rather as volatility because yep it’s a volatile time

eaenki··on The Chess Match That Led the Feds to $3.6B in Stolen Bitcoin
Humans are pretty dumb eh
eaenki··on FalsiScan: Make it look like a PDF has been hand signed and scanned
Interesting
eaenki··on Today in the U.S. we are in the fourth superbubble of the last hundred years
The answer is too complex. I can safely say everyone in this thread knows shit about finance.

Short answer is a bunch of different uncorrrlated plays/tools such as: -Volatility trades -multi leg options on any asset class really -credit markets -algorithmic hedge funds

Etc

eaenki··on Ask HN: How to continue to be gracious about the good fortune of rich friends?
There’s research on this. Check Florence Italian study rich bla bla bla on google . But to answer: gold, land, art
eaenki··on Ask HN: How do I manage the profit of a successful website?
Dude people buy jets and Teslas as a business expense. super common. Dan bilzerian's ex beverly hills villa is owned by Wish as a business expense and the ceo parties there. cmon.

You can twist the villa however you want. It can be an investment through an SPV and you pay rent. To be clear, arguing (and using) something as a business expense or an investment is not fraudulent.

I don’t know who in their right mind would take out a million in salary and pay 50% of it and then buy a villa with $500k, rather than directly investing in a villa either for the appreciation itself or to use for business events, branding, whatever

And this is just one very simple way. there are countless permutations. You can go as complex as you want. You can mix and match around with credit and exotic laws and exotic countries and exotic legal structures all day long.

Sorry if reality upsets you: the world is setup by lawyers( and/politicians) for shareholders, and that's because they're the richest and capital=power.

eaenki··on Ask HN: How do I manage the profit of a successful website?
What a massive waste taking out 14k in salary. Almost everything can arguably be a business expense. Plus, any investment, just use SVPs or other methods where you don't incur taxation: would make no sense to take them out as salary just to invest them to ur name rather than a company's name. One day you'll pay the capital gains (which can themselves me minimized) and just buy a villa for business events, a range rover to go to meetings, and so on, on a legal structure's name, that is. gl.
eaenki··on Turns out, Harvard students aren’t that smart after all
At the end of the day the real admission rate if you aren't ALDC or a minority is 1%. Probably lower, because many of those will be bribes. Do not fucking think for a second that a double digit percentage of those students didn't get in with bribes. I personally applied at 21 to stanford harvard yale and princeton twice and got rejected, always. that's despite raising $500k for a moonshot company and having a 1500 sat. but I might just be salty. in the end I attended a few semesters at Stanford anyway, with professors' blessings.
eaenki··on Customer Acquisition When Broke
the landing page is bad. copy is bad. pics are bad. design is bad. looks like a screenshot from trello. fix it.

this wont fix your CA problem. but it's mandatory. your CA with $100< budget can only be solved by finding a hack. like airbnb's cofounder programmed a bot to spam craiglist in the early days of airbnb, with airbnb's listings obviously. stuff like that. good luck.

eaenki··on Elon Musk is now worth $230Bn; as much as Bill Gates and Warren Buffett combined
Considering they’re two companies posed to still be gigantic companies even in 50 years, I’d rather have $230b in shares of SpaceX and Tesla than $100b of random assets
eaenki··on Can Boom Supersonic Succeed Where the Concorde Failed?
Rocket power transport it’s nonsense once you consider how much time the on boarding and outboarding is
eaenki··on Ask HN: What would you do with $1 million tax free, no strings attached?
I'd build / buy and renovate about 6 2bd homes (on x3 leverage) into luxury homes in Europe and third world countries in strategic touristy places. Then live off the income of those + paying the mortgages with it, all the while traveling and living between them. Have a dog and a girlfriend and live happily ever after. I'd probably get a range rover too.
eaenki··on Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
They must have spent a million on that landing page
eaenki··on Lab-grown meat may never be cost-competitive enough to displace traditional meat
How isn’t this downvoted into oblivion? It’s the falsest shit ever
eaenki··on Father-son hacker duo is helping people crack into their lost Bitcoin
Right but micro companies make up to $1mm a year and they’re nowhere close to $1mm. It’s like a micro micro business. 1 employee kinda thing. I would’ve expected a bigger company given how much money is lost in btc
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