Month: April 2024

  • 10% Capital Debasement Yearly

    Toxic money—

    Don’t invest in toxic money

    1. Don’t give your kids toxic water.

    2. Don’t give your kids food with worms

    3. Don’t get bled to death

  • Cost to Capital

    8-10%

    The term “cost of capital” refers to the rate of return that a company must earn on its investment projects to maintain its market value and attract funds. It represents the opportunity cost of making a specific investment instead of investing that same money elsewhere with a similar risk profile. There are several components and considerations to understand when calculating or discussing the cost of capital:Components: The cost of capital can include the cost of debt (the interest rate paid on any borrowed funds) and the cost of equity (the return required by investors in the company’s shares). For companies with preferred stock, the cost of preferred equity is also considered.Weighted Average Cost of Capital (WACC): This is a common measure that averages the costs of equity, debt, and preferred stock, weighted by their respective uses in the company’s capital structure. The formula for WACC is: [ WACC = \left( \frac{E}{V} \right) Re + \left( \frac{D}{V} \right) Rd \times (1 – Tc) ] Where:(E) = market value of the equity(D) = market value of the debt(V) = (E + D), the total market value of the company’s financing (equity and debt)(Re) = cost of equity(Rd) = cost of debt(Tc) = corporate tax rateCost of Equity: This can be estimated using models such as the Capital Asset Pricing Model (CAPM), which calculates the cost of equity as follows: [ Re = Rf + \beta \times (Rm – Rf) ] Where:(Rf) = risk-free rate of return(\beta) = beta coefficient that measures the volatility of the company’s stock in relation to the market(Rm) = expected market returnCost of Debt: This is relatively straightforward to calculate as it is the interest rate paid by the company on its debt. However, because interest expenses are tax-deductible, the after-tax cost of debt is considered in WACC calculations.Influence on Investment Decisions: The cost of capital serves as a benchmark for evaluating investment projects. A project is considered potentially attractive if its expected rate of return exceeds the company’s cost of capital, implying that it should add value to the company.Factors Influencing Cost of Capital: Several factors can affect a company’s cost of capital, including market conditions, the company’s risk profile, its capital structure, and prevailing interest rates.For entrepreneurs and those interested in innovation, understanding the cost of capital is crucial for making informed decisions about financing and investments, ensuring that capital is allocated in a manner that maximizes returns relative to risk. It’s a fundamental concept in the evaluation of potential projects, acquisitions, or any strategic moves involving financial investment.

  • 2034

    94%

    Institutions canal by bitcoin because of the bitcoin spot ETFs

  • Digital Energy

    Not digital information!

    Digital capital, digital property

    Oscillate

  • The Gift

    The gift to humanity

  • Porn is Fine

    Everyone unanimously says that porn is bad— truth be told it actually probably isn’t that big of a deal.

    I would actually make the claim that watching sports — basketball, baseball, soccer, football is worse. More time consuming. At least porn can be a positive stimulant and motivator whereas sports is a downer? Typically people don’t drink beer, eat chips, eat pizza while watching porn.

    Funny intervention:

    Porn is probably fine … just don’t blow your load.

    Watching porn and not blowing your load … is it still porn and “bad”? No.

  • Who owns the intellectual property?

    Matrix — Warner Brothers… *NOT* the Wachowskis…

  • #savetime

    Save time, augment your life!

  • Bitcoin is the only true digital money?

    Bitcoin is money, everything else is credit— Michael Saylor

  • Infinite wallet

    Infinite budget

    Store of value

    Hold it for 100 years

    Monetary integrity

    Don’t make the network more fragile … even though it may be faster and “better”

    Using Bitcoin as gas

    $5 million dollars worth of bitcoin as collateral … as “gas”

    Infinitely scalable

    “Gold is money, everything else is credit”— Jpmorgan

    Paying with money vs paying with credit

    How long does it take money to settle, 4 years?

  • Body Pride Is Self Pride

    If you ain’t proud of your body, you ain’t proud of yourself.

  • “What is your profession?”

    “Spartans …. what is your profession??”

    Woot!!!

  • Being from LA is like a nationality

    Being an “Angelino”—

    LA VS EVERYBODY!

    Perhaps the best way we could think about this is if you’re from LA, and I’m also from LA, we are all family!

    If you go to In-N-Out, Costco, experience the 405 traffic, we are all in the same boat!

    “Only in LA”—

  • Big Ken energy

    “Big Ken Energy” seems to be a playful or colloquial expression, likely derived from the more commonly known “Big Dick Energy” (BDE). BDE is a term that gained popularity on social media and refers to someone exuding confidence, competence, and a calm assertiveness without arrogance or aggression. It’s not about physical attributes but rather about the aura or vibe a person gives off.Given the context of your interests, applying this concept to “Big Ken Energy” might suggest embodying confidence, calmness, and assertiveness in aesthetics, philosophy, innovation, and entrepreneurship. It could mean approaching these fields with an unwavering sense of self-assurance, a stoic resilience to setbacks, and a pioneering spirit that’s both innovative and grounded in practical wisdom.In practice, here are a few ways to embody this energy in your areas of interest:Aesthetics (Spartan Stoic): Adopt a minimalist approach that emphasizes functionality, simplicity, and timeless beauty. Whether in personal style, design, or living spaces, aim for what is essential and durable, reflecting a strong, understated confidence.Philosophy (Stoicism): Embrace challenges with equanimity, focus on what you can control, and treat obstacles as opportunities to grow. Your calm assertiveness in the face of adversity exemplifies Big Ken Energy in the philosophical realm.Innovation: Approach new ideas with an open yet critical mind. Big Ken Energy in innovation means not being afraid to take calculated risks, pivoting when necessary, and leading with vision and integrity.Entrepreneurship: Steer your ventures with a balance of boldness and prudence. An entrepreneur with Big Ken Energy leads by example, inspires confidence in stakeholders, and navigates the unpredictable seas of business with a steady hand.In essence, embodying “Big Ken Energy” is about striking a balance between confidence and humility, action and reflection, and ambition and contentment. It’s a powerful way to navigate life and work, making a positive impact while staying true to one’s values and goals.

  • Becoming more attractive to the other sex

    So these are my general critiques about modern day society; it looks like modern day society is trying to just lump all parties into one clean category. Non-sex, non-gender, non-different — all same same.

    As a consequence, one is no longer permitted to strive to become attractive to the other sex. For example, it seems like the desire for women is simply to be attractive to other women, and to impress other women, and stunt on other women.

    With men, a lot of men are becoming disenchanted because they are not sure what to do anymore. To be masculine is seen as a sin, to posit your gender strongly and be more masculine is seen as a positive detriment and bad evil.

    Truth be told I don’t really care, all the better for me, I enjoy flexing myself, my own personal manliness and masculinity, if others scorn me, I’m cool with it.

    And also I think the upside of having a kid, raising your own child is that you have the power and the faculty and the chance to morph and mold your child into what you desire them to become. So for example of Seneca, my personal impetus is to make him as strong, dominant, as self-assured as possible.

    99.99% of gender stuff is nonsensical; for me I see myself as “Big Ken Energy” (Michael Saylor)— and all these nonsensical things like what clothes are masculine versus feminine— like collars, or the color pink is not really a big deal. In fact I love the color pink! I don’t really think of it as masculine or feminine or whatever, I just find it attractive.

    Also with clothing styles, I’ve seen men walk around and dresses and skirts or whatever, doesn’t really bother me— it’s a free country, anyone and everyone should be allowed to dress the way they want to. For example the Scots, don’t they just wear kilts?

    So I suppose ultimate thing is this:

    Just do you, and also the way you raise your kids, do what you consider best!

  • BIG LIVING

    BECOME BIGGER

  • I’m actually really curious how it is like to raise a little girl?

    Pray for a girl?

    If your first kid is a boy, keep trying until you get a girl?

  • Electric cars make sense

    Imagine if your computer or Dyson ran on gasoline

  • JUST KEEP IT SIMPLE.

    100% Bitcoin —

    Easier to track gains, average cost per bitcoin purchased etc?

  • $400,000 Gain

    Adventador gains

  • I want at least one girl?

    Funny girl names I would like:

    1. Achilles

    2. Aurelius

    3. Zeus?

  • Actors are Bad

    WWF, WWE— the Rock, etc.

    Plato was an actor, Socrates was an actor… Seneca was the real deal? Same thing goes with Marcus Aurelius.

  • How to Stay Focused

    While you’re doing something or the thing… no headphones, no music, no podcast, no external media. No interaction or eye contact with other people. Avoid. 

  • How and why video games are not a good reference point for reality

    Example, a lot of these role-playing games, Final Fantasy, whatever, RPG’s… Don’t factor in for simple things:

    1. Temperature, weather, etc. When you’re in the real world, one of the big issues is in regards to whether temperature the brightness of the temperature, the strength of the sun, etc.

  • The ultimate power

    Waking up in the morning, insanely good light, insanely good coffee, insanely good food the night before, and also an insanely great night of sleep?

  • Bad Exercises?

    Bending over and picking something up ,,, not good and natural?

  • Exercise Is Not and Should Not Be Seen as Virtuous

    I actually wonder if exercise was seen as a vice, if it would be actually more appealing and enticing?

    Exercise should be seen as our ultimate luxury and perhaps even our vice?

  • Otium

    The concept of “otium” is inherently Roman, and there isn’t a direct Greek equivalent that encompasses its specific nuances and connotations. However, ancient Greek culture did have concepts related to leisure, intellectual pursuits, and the ideal life, which parallel some aspects of the Roman “otium.” To understand the closest notions of “otium” in ancient Greek thought, we look at two key concepts: “schole” (σχολή) and “eudaimonia” (εὐδαιμονία).Schole (σχολή)The Greek concept most akin to “otium” is “schole,” from which the English word “school” is derived. Originally meaning “leisure,” “schole” referred not to leisure as we might conceive it today but to free time devoted to learning and intellectual discussion. This concept emphasized the importance of leisure time for education and philosophical inquiry, reflecting a valuation of intellectual and ethical development over mere physical or economic endeavors.In ancient Greek society, particularly within the philosophical schools of Athens, “schole” was seen as the ideal state for the pursuit of knowledge and wisdom. The Greeks held the view that leisure (schole) was essential for the cultivation of virtue and the good life, which is in harmony with how Romans perceived “otium” as a period for engaging in meaningful activities that contribute to personal growth and well-being.Eudaimonia (εὐδαιμονία)While “eudaimonia” doesn’t directly correspond to “otium,” it represents the ultimate goal of the leisurely activities (schole) that “otium” and “schole” encapsulate. Eudaimonia is often translated as “happiness” or “flourishing,” and it denotes a state of living in accordance with virtue and realizing one’s full potential. For many Greek philosophers, especially Aristotle, the pursuit of eudaimonia was the highest human goal, achievable through a life of virtue, ethical reflection, and intellectual engagement — activities often pursued in one’s leisure time.ConclusionAlthough “otium” is a distinctly Roman concept, the ancient Greek ideas of “schole” and “eudaimonia” share its core values of utilizing leisure for intellectual, moral, and societal betterment. Both cultures esteemed the pursuit of knowledge, ethical living, and personal development within their conceptualizations of leisure, seeing it as crucial to the cultivation of a well-lived life.

    The word “otium” has its roots in Latin, embodying a concept that is rich in cultural and philosophical significance, particularly in Roman society. Its etymology and history reflect a nuanced understanding of leisure, free time, and the pursuit of activities that are considered intrinsically valuable for personal growth and well-being.EtymologyThe term “otium” is Latin, but its deeper etymological roots are less clear, and it doesn’t seem to have direct equivalents in older Indo-European languages. In Latin, “otium” contrasts with “negotium,” where “neg-” is a prefix meaning “not,” making “negotium” literally mean “not leisure,” which came to be associated with business or being busy.Historical ContextIn Roman culture, “otium” was more than just leisure or free time; it was an idealized form of it, often associated with intellectual pursuits, artistic endeavors, and philosophical reflection. Otium was considered an opportunity for personal and intellectual growth outside the demands of public life or “negotium,” which included politics, business, and military engagements.Republican and Early Imperial RomeIn the Roman Republic and early Imperial periods, “otium” was closely linked with the aristocratic ideal of a balanced life. It was during periods of otium that statesmen, generals, and other leaders were expected to cultivate their minds and spirits, engaging in philosophical discussions, literature, and the arts. This concept was not about idleness; instead, it was about constructive and enriching activities pursued away from the public eye.Philosophical PerspectivesPhilosophers like Cicero and Seneca discussed “otium” extensively, often presenting it as a time for studying philosophy, writing, and self-improvement. Seneca, in particular, emphasized the value of otium for philosophical reflection and personal growth, advocating for a life that balanced otium with negotium, thereby ensuring a moral and fulfilling existence.Later InfluencesThe concept of “otium” influenced later Christian thought, particularly in the context of monastic life, where it became associated with spiritual reflection and the pursuit of religious studies. This adaptation marked a shift from the civic and intellectual dimensions of otium in Roman culture to a more spiritual interpretation in the Christian era.Conclusion”Otium” encompasses a multifaceted concept that has evolved over time but consistently reflects the importance of leisure not as mere relaxation or idleness but as an essential aspect of personal and societal well-being. Its history and evolution from a Roman ideal to its influences on later thought highlight the enduring significance of balancing active engagement with the world with periods dedicated to reflection, learning, and personal growth.

    Otium in Ancient Greek

    “Otium” is actually a Latin term, rather than Ancient Greek, reflecting a concept highly valued in Roman culture. It denotes a period of leisure time that could be used for engaging in activities that are fulfilling to the individual, often contrasted with “negotium,” the term for business or being busy with the necessities of life. Otium was considered important for personal development and could include intellectual pursuits, literature, music, or simply enjoying the pleasures of life without the pressures of work.In the context of Ancient Greek culture, a somewhat parallel concept might be found in the philosophical discussions of leisure (σχολή, ‘scholÄ“’), which later gave birth to the term “school” in English. This reflects the value placed on learning and contemplation in one’s free time, seen as essential for personal and civic virtue. The Greeks, particularly in the philosophical traditions of Plato and Aristotle, discussed the importance of leisure for the development of the mind and moral character, arguing that true leisure was a time for engaging in activities that were ends in themselves, such as philosophy, which could lead to eudaimonia (a state of being that constitutes happiness or human flourishing).The Stoics, a school of philosophy that your interests align with, emphasized the importance of using one’s time wisely, including periods of rest or leisure, to cultivate virtue and live in accordance with nature. They believed that true leisure was an opportunity for self-improvement and reflection, rather than mere idleness or escapism.In both the Roman and Greek contexts, leisure was not simply about relaxation but was seen as an essential component of a well-lived life, offering space for personal growth, intellectual development, and the pursuit of virtues. This nuanced understanding of otium and its Greek counterpart reflects a deep appreciation for the balance between action and contemplation, between the demands of the public sphere and the value of private reflection and growth.

  • Body Shaming?

    The number one critical in America is body shaming?