In theory, you can deduct the fuel and repair costs since you are running your own business so you only get taxed on the profit.
468 karma · joined March 9, 2017
All opinions are my own and not my employers.
In theory, you can deduct the fuel and repair costs since you are running your own business so you only get taxed on the profit.
Food delivery always was a luxury especially when it's just for one or two people. Unfortunately, you can't generate exponential growth on wealthy families ordering Friday evening takeout.
If you recall, for many years, an iPhone was a luxury status symbol; the equivalent of a mid-range hand bag or a low-end luxury automobile. Expensive, but still within the reach of the an average person with at least some disposable income. It's why everyone seems to have an iPhone and EarPods.
The pro display, like many VR headsets before it, is really a niche product that will be limited to a standard deviation of what I would call "enthusiasts" or "power users".
(1). Even pre-iPhone, having an iPod, especially a premium one, was a status symbol. (2). Non-iPhone devices are generally scoffed at in many circles, green text message bubbles being associated with budget Android devices and not the expensive Android flagships.
* Radio Sputnik for 6 hours a day* https://en.wikipedia.org/wiki/KCXL#Broadcast_of_Radio_Sputni...
1. The coat-rider who sees everyone doing and how can the consensus be wrong. If you read Liar's Poker by Michael Lewis, the first few chapters document his experience at Princeton in the early 80s. It's just the fashionable thing to do.
2. The ones that hope to pivot somewhere in year 2-3 to Private Equity or the Hedge fund space. After a few more years, your hours and stress dramatically improve and you earn life-changing amounts of money (1M+ USD) on a yearly basis if you are good. Very few make it this far though. Many burn out and end up in other corporate finance roles.
Group 1 moved to tech and will slowly move back to high-finance.
Right secondary school grades + near perfect exams -> Right Undergraduate
Right undergraduate + LeetCode (basically an exam) -> Big Tech job " + Case interview prep -> High paying entry level management consulting job " + Right connections -> High paying entry level wall-st job " + High LSAT -> Right Law School -> High-paying BigLaw job " + High MCAT -> Right Med School -> Right Residency -> High Paying Physician Job
If you notice, tech (Googles of the World and elite startups) have now fallen inline with the path for other white-shoe industries.
FWIW, I know at least a few people from memory that had non-technical undergraduates (usually economics) but are excellent at studying for exams. Sure enough, they did enough LeetCode they could get a job at Meta or similar. Ask them what actually happens in a CPU or similar technical question and you get a blank stare.
History is a flat circle.
My last company was chock-full of Ivy league/Stanford/Berkeley/etc graduates with almost none being the type who actually is interested in technology. About half openly admitted to being a SWE because they couldn't get a product manager role and hoped to pivot into it from SWE after a few years. I will also say that parental pressure had a big part. Why spend 10 years of your life to be a doctor when you can make more money in big tech?
It also became fashionable for people to pivot out of high-finance or management consulting (traditional white-shoe industries) and into corporate development roles at hot companies.
Like how much time did InfoSec have on their hands?
You also couldn't use unapproved tools so you were limited to VS Code and PuTTY on Windows.
Eventually they got smart and issued Macbook pros to programmers and implemented zero-trust policies for related internal services. Unfortunately, technical managers and product managers were not so lucky.
It's well known that even famous companies Meta, Google and Amazon track various forms of SLOC-related metrics, tickets closed, etc of their SWE. It's usually left to the managers discretion to use it, but its is there and is used often as a coarse measure of productivity.
Free-file is useful when all you have is 1-2 above-board wage earning jobs, maybe with a 1099 contract job where the employer is nice nice enough to pre-fill the form out for you.
Once you start dealing with non-trivial amounts of dividends, interest, securities, partnerships, real-estate, you really do need a professional to keep things organized.
On another note, everyone is now using "algorithms and machine learning" in the same way they used "blockchain" in 2021. The best part is, the majority of the "algorithms" being used are basically glorified Excel models; something you would expect a fresher in college to piece together for their Physics 101 class.
I suspected this and told my far-right/left wing acquaintances, that no, Twitter (and Facebook too) isn't suppressing you, your content is just a net-negative from the platform's perspective. The platform is in the business of keeping the bulk of its users and advertisers happy.
Crypto transfers for say USD->EUR via USD->BTC->EUR are just adding extra foreign exchange legs in the hope that the BTC holders on either end will give you a better deal.
The idea behind USDC is to collateralize it 1:1 like a money market fund provided the underlying bonds hold. Tether is doing fractional reserve banking but has no central bank to act as a lender of last resort. Even then, banks pay into the FDIC which retains reserves itself like any other insurance.
Tether works as long as the money flowing in >= money flowing out.
A severe run on Tether would dry up liquidity very quickly.
There was a time when CNN was real news like the BBC and not a somewhat-centrist entertainment channel.