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52-80

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Posts posted by 52-80

  1. On 12/13/2025 at 7:14 PM, Buzzrock said:

    Before they wrap it all up it would be fun to explore more of the what-would-you-do aspect. Kind of like daydreaming about winning the lottery. If you could have literally any experience or material possession that humans could provide, what would you do? See the most exclusive places on earth? Go to space? Eat and drink the most amazing things imaginable? 

     

    You know what this guy would do?  Drink Michelob Ultras:

     

    On 12/12/2025 at 3:14 PM, Pato del Muerto said:

    Ask for charlise Theron to be the Bev cart girl, and bang her a couple of times during the round. And also enjoy some Mich ultras. 

     

  2. 8 hours ago, scramblyn said:

    Drove the 2026 full self driving model S for a week a bit ago.  That car is super dope.  Drove it back roads to San Marcos and I35 back to Austin and didn’t have to take over once. Unreal. Interface is really nice, interior feels nicer than before too. 

    need to try this in europe as i just did a 3 day, 27 road-hour slog. 

    spotted a guy with a clever camera-defeat plateIMG_4974.thumb.jpeg.aa1b2b23fce2d68f1ba076df2186a4d5.jpeg 

     

    and another…vanity plate?

    IMG_4944.jpeg

  3. On 12/15/2025 at 10:53 PM, Iceman said:

    just 3 adapters needed to overcome that slab of rock...

    Then it's gonna fall out of the outlet after you round the corner for the croquet wickets..

    europe has this retarded 3-plug adapter where the length-wise orientation blocks the 2nd original wall plug.

    so in the end you only gain a total of 1 plug.

     

    Double electrical socket (shuko) Panasonic - BOLGARIKA BS

     

    European 1 to 3 EU Schuko Socket Adapter Germany 2Way 3Way Wall Extension Power  Outlet Converter Socket with Switch 16A Type E - AliExpress

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  4. 3 hours ago, Nuge said:

    Peel and stick vinyl wallpaper/murals are pretty easy to install and reposition if you fuck up.

    Ive watched enough youtube videos to brainwash myself into thinking its a doable proposition.

    The annoying part is removing the existing wallpaper in the house. Wife has tricked her dad/my FIL into the task. In hoping he pulls thru. 

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  5. 9 hours ago, TwiceHorn said:

    I mean, taxation of options on vesting is a screw-up of some sort, given that it results (if it did) in recognition of income.

    The point that paper billionaires can monetize without liquidating and recognizing gains still stands.

    theres a valid criticism about large unrealized equity gains.

    however, people are confusing/conflating having equity with being awarded equity, as if stock compensation allows perpetual tax avoidance as a loophole to massive wealth.

    the advantage of this over cash comp is only tax deferral, for a few years at most - stocks vest and options expire. these awards do get taxed in due time and at fair values.

    put another way, if these guys were paid the equivalent annual comp in cash, and immediately purchased stock with that cash, both their wealth and the irs receipts would largely end up at the same place. their wealth came from the growth of their companies, not from taxation.

  6. 2 hours ago, elfenix said:

     

    https://www.cnbc.com/2025/09/18/larry-ellison-365-billion-fortune-wealth-management.html

    yeah forty years ago when started the company and those shares were worth diddly i'm sure he paid a lot of taxes on them. 

    oh wait he probably purchased all of his shares for $100. so no tax on that either.

    do you know how this works?

    death, taxes, and @52-80 defending billionaires

    taxation on income works on fair market value of the equity when theyre accessible to the earner.

    if youre paid “diddly” today, should you be taxed on the basis of $70b that they might be worth 40 years later?

    if he paid under market price to exercise options, he gets taxed on the difference as ordinary income. if he sells the share later with price appreciation, he gets taxed again on the difference as capital gains. 

    he got paid a $2000m tranche and owes $700m of taxes on it. were you so offended by a statement of fact because you dont understand it? or because you dont like it?

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  7. 21 minutes ago, elfenix said:

    He does have to service the interest only couple percent loan he's got secured by 75 billion dollars worth of shares so you really showed Twice 

    he wasnt paid 75 billion dollars, was he? when even a single dollar worth of shares is actually delivered to him through vesting or exercise, it is taxed. 

    twice probably knows how it works. but you dont.

  8. neat graph from BBC that illustrates how much of F1 is truly a constructors battle than a driver battl

     

    that said, the scale of the graph kinda exaggerates the point by compressing the teammate differences

    image.png.e2cb1c71883254e9224bf5846a00f227.png

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