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I don't do it in my head. I do diagrams, then discuss them with other people until everyone is on the same page. It's amazing how convoluted get data from db, do something to it, send it back can get, especially if there is a queue or multiple consumers in play, when it's actually the simplest thing in the world, which is why people get over-confident and write super-confusing code.

There are a 1000 real estate schemes/strategies being marketed to people:

1. Flip - buy undervalued property, fix it, sell it. Variation: buy in bad neighborhood, fix, rent, neighborhood gets better, sell it.

2. "Buy cashflow" - e.g. find properties where rent > monthly payment/taxes/interest/maintenance. Impossible now.

3. Split and short term rental - buy house, fix, split single family home into 5 units (garage == unit, basement == 2 units, each room == unit, etc. I see this in the US more and more now, which is an indication of the economy.

4. Rent, short term rent out (often fully legally with consent of apartment / house owner). Benefit to this is no cash investment.

5. Houses at foreclosure auctions. tldr: Sell for more than normal open market houses now because everyone goes.

I can list about 15 more, but again, the point is that the market isn't what it used to be so none of these really work anymore, but it doesn't keep people from pushing them.

Real Estate is in a bubble and as much of a scam as everything else. Your age, with two older acquaintances who made millions from RE. The environment is NOT the same as when they were doing it. Every garbage house gets picked up by "investors" now that either scam (pain rotting drywall and put a new heater in, bump price 40%) or lose money on it. Or it gets picked up by real investors that have crews that can gut it entirely cost effectively. It's the same for flipping cars - the profit margins are razor thin.

The only RE investing that still works is buy, rent, have retirement equity in 30 years, maybe. Occasionally put some money IN. Potentially lose a lot of money mid term and hold paper losses if RE bubble pops. And guess what? Maybe not even that with the current rates.

It's funny to see people acting like RE is some bastion of stability. Stock market is inflated atm too.

The ycombinator title is made misleading by swapping "gambling" for "blowing" money - these are not the same words at all. One implies they are just living in the moment, the other implies they are trying to get rich quick at high risk.

If true, and I have no reason to doubt you based on the accuracy of your previous messages, you have made your point. I definitely don't know the F-35 chip specs.

Well, my previous trolling aside, you can build an internal combustion (or electric!) go-kart type deal on a mid software developer budget. There are plenty of university students doing so for under a couple of thousand USD. You can also experiment with RC planes.

I do realize how relative money is - it's "nothing" to a FAANG dev (though they probably don't have the time), it's potentially years of savings for someone working in the the 2nd / 3rd world.

Yea! And for the same amount of effort and difficulty I can recommend a couple as well!

- build your own kit car. Maybe start with something easy like a Ford GT with a V8 from a donor Mustang!

- build a kit airplane! Make it a jet for a little bit of extra challenge!

- make a rotary engine from scratch! Make your own materials!

- now a figure 8 propeller piston engine!

- create your own chip fab facility!

These articles are weird, delusional flexes.

See what BirAdam said - he is correct. Armenia / Azer is a direct cause of Russia being drawn into Ukraine, insofar that Russia "guaranteed" peace and had a contingent of "peacekeepers" in Armenia. What you see is an acceleration on conflicts in areas that were held back by global stability before. Now that Russia couldn't react, Azer backed by Turkey (and arguably other powers in the West) pushed Armenia out of Nagorny Karabakh. If Russia wasn't in Ukraine, this would likely look like Georgia in 2008 where Russia would use this as an excuse to take some land. Instead they did nothing, because they are busy.

Africa is too much to summarize - basically look into what Wagner and US PMCs were doing there. It's just more proxy conflict.

Russia supported by Iran vs Ukraine supported by every major Western Power.

China vs Taiwan standoff. China recently built a Taipei city center mock up in the desert. Taiwan controls 90%+ of global microchip production.

Recent Armenia vs Azerbaijan (supported by Turkey) war. More tension on border.

Israel levelled Gaza and killed 30,000 Palestinian civilians, and is striking Lebanon and Syria. Iran posturing back.

Posturing in Africa by Russia, France, and China.

North Korea being noisy as usual.

This is literally just the tip of the iceberg.

Decent trench system.

Top 10% is basically a frugal tech-bro in a flyover. FAANG is top 5%. Assuming "over the course of at least 5-10 years" for both to get there. I doubt these are the people being discussed. These are basically millenials/zoomers that can actually afford the "American dream middle class lifestyle" - house, kids, savings, etc without an inheritance, but not much more.

Article is probably focusing on 10mil+ net worths at least, but likely "UHNWI" which are 30 mil+ who have time to think about this stuff.

Whoah, your friend is a badass! I also didn't know Ireland still allowed duels. Do you know if it's just short swords or what? Cool benefit for his dual citizenship. (sorry, sorry, had to).