Ask Me Anything
Ask Me Anything (AMA) Community Rules and Guidelines
This is the lemmy.ca AmA.
Welcome to the Ask Me Anything (AMA) community! This is a space where individuals from various backgrounds come together to engage in open and informative discussions. To ensure a respectful, enjoyable, and inclusive experience for everyone involved, we have established the following rules and guidelines:
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Remember, these rules and guidelines are in place to ensure a positive and informative environment for all participants. Failure to comply may result in 3 strikes warnings, temporary restrictions, or permanent bans at the discretion of the moderators.
in the future, a mod check and balance system might be implemented . Subject to change : [You might appeal your ban by contacting a special appointed moderator to judge if the ban was abusive.
Special appointed mod can create jury like conversation with randomly chosen users with jury votes to decide if bans are legit or not.]
Thank you for being a part of the Ask Me Anything (AMA) community. Let's engage in enlightening discussions, share knowledge, and create an inclusive space that values respect and diversity!
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Definitely.
What do you do with your time? Do you still work?
I study for fun, practice my hobbies (which have expanded greatly thanks to essentially unlimited resources), travel, and live a leisurely lifestyle. I no longer work. I have an amazing and incredibly talented team managing my money, and thanks to their aggressive investment strategy, my initial ~$80 million after taxes has tripled in the past six years.
Damn, that’s nice man! Congrats (:
I would be so overwhelmed by having so much money, but you seem to handle it great.
What’s really crazy is that there are billionaires out there with almost, or even more than, a thousand times my wealth - which is far beyond enough to never have to think about money again.
About that, what’s your opinion on higher taxes for rich people?
I’m cool with higher taxes for rich people if it actually benefits the population - like funding universal healthcare, free college, improving public school quality, revamping infrastructure, welfare, etc. The problem is, I don’t really trust our government to manage it well.
Fair enough, do you donate your money?
Yes.
The crazier part is that they just hoard it, rather than use it to make real change in the world.
What does your portfolio look like? Is it mainly shares from companies, is it managed fonds, is it ETFs? Is it none of the above?
A combination of high-growth tech stocks, venture capital/private equity, alternative investments (hedge funds, real estate), growth-focused ETFs / sector funds (AI, biotech, clean energy ETFs), cash / low-risk bonds.