The Optimal Time to Stop Paying for Your Kids’ Activities

With the World Cup on, I’ve been thinking about all the parents currently spending $3,500 to $7,000 a year on travel league soccer, dreaming their child might one day wear the national team jersey. Some elite club families are spending $8,000 to $15,000 a year once you add tournament travel, hotels, and private training. Watching […]

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Live In The Most Expensive City You Can Afford To Build Wealth (And Have More Fun)

If you want a greater chance of building more wealth than the average person, live in one of the most expensive cities in the world. These cities are expensive for a reason. They contain the most valuable companies, the richest people, the most capital, and the best universities on the planet. Yes, the competition is

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Summer YOLO Fund: Permission To Spend More and Save Less

In anticipation of investing in some YC Demo Day startups, I transferred $50,000 from my Fidelity brokerage account to my Citibank checking account. This was right after I’d already wired $56,100 to meet a capital call for a new traditional venture capital fund I committed to. In a previous post, I wrote about the difficulty of committing

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Y Combinator Demo Day: The Quest To Invest In The Best Startups

Part of the reason I’ve been writing about distribution and the importance of eventually betting on yourself was to gear myself up for Y Combinator Demo Day. For those unfamiliar, YC is the largest and arguably the best startup accelerator in the world. And it happens to be based in my backyard in San Francisco.

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