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  1. jdm667

    ChatGPT AI is a huge breakthrough, a Google killer

    HOT! CHAT 
    Undoubtedly. Running the servers is probably costing way more than they thought. Now they know why Google limits the crawl budget for indexing websites. Unrealistic income and expense projections is probably a big part of why Sam Altman is gone.
  2. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    On one hand, I am jealous of kids today that can learn so much on YouTube, etc. That didn't exist before I went to college. On the other hand, there are so many distractions online - I am surprised kids can learn anything now.
  3. jdm667

    One of the biggest mistakes of big thinkers

    GOLD! MINDSET 
    I think this is a huge reason people never start a business - or, why they fail. They see a small task and think "No big deal, I'll just skip it." Or, worse, "That task is beneath me." But it's never one task skipped. It always turns into more. Inevitably, those undone tasks add up and hurt...
  4. jdm667

    [PROGRESS THREAD] (24 y/o) Sick and cognitively impaired for 2 years... Doing the work anyway

    EXECUTION 
    I remember following your other thread about the agricultural website a few years back. I didn't know you had this thread until today. Nice work on the website growth, especially with limited time to devote to it! It reminds me of when MJ sold the limo business, then bought it back again later...
  5. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I guess he doesn't subscribe to MJ's concept of entrepreneurial monogamy!
  6. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Sounds about right. I worked at a corporate job for about a year, then switched to a different one. I simply thought the first job was not right for me. After a year at the second job, I left that one also. The problem was not the companies or the jobs. The problem was that I don't fit into...
  7. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Very true - those who know how to wield the capital will end up with more of it. From a math perspective: people who are better at investing and allocating capital will get a higher rate of return on their money. So, even if you equalize everything today, the people getting the highest rate of...
  8. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    No no no - first, you have to assemble your ragtag team of misfit thieves, one of whom will inevitably betray you before the heist is over.
  9. jdm667

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I think this is the true reason that so many bosses are insisting on return to work. Deep down, they know there will be systemic problems otherwise. Like you said: commercial RE, residential RE, supporting retail spaces, restaurants - they're all intertwined. A lot of people think "real estate...
  10. jdm667

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    So on-time inventory destroyed demand for warehouse space in the 90's - just like covid and remote work destroyed demand for office space recently. It sounds like AI might have the same effect now as PC's had in the 90's: lots of jobs gone. If AI destroys as many jobs as predicted, that will...
  11. jdm667

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Do you think the office building crunch is worse now than it was in the 90's? A 40% drop in revenue for NYC means lots of municipal layoffs, then people not paying their rent/mortgages, eventually causing problems in the residential market as well. Like dominoes...
  12. jdm667

    Is Dave Ramsey your typical slowlane guru?

    OFF-TOPIC 
    I like this explanation WJK, and I agree. If a person is unable to manage personal cash flow, it is unlikely that their business cash flow will look much better. It might be embarrassing for some people to start with financial "baby steps", so to speak - but I think it would be much worse for...
  13. jdm667

    How to Create a $2k+/mo Passive Income Website in 30 Days (or Less)

    GOLD! EXECUTION 
    Just wanted to update you guys - I made 3 course sales (1 in May, 2 in June). It's not a million dollar business, but it's a start!
  14. jdm667

    Remote Work - Morally Wrong??

    IDEA 
    Let's say I am a consultant and I make your company an extra $100K in revenue. If you only had to pay me $40K for the service, would you be mad if the work only took me 4 hours (instead of 40 hours, 400 hours, or 4,000 hours?) Of course not - you get the result sooner, and I get a higher hourly...
  15. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    vitamin C, zinc, water/hydration (get electrolytes too), and sleep a lot.
  16. jdm667

    It Ain't Over Till It's Over

    GOLD! MINDSET RANT 
    Well said! It's ok to rest guys ... but it's not ok to quit.
  17. jdm667

    Luck is for schmucks, THIS is for winners.

    GOLD! NEWSLETTER 
    Awesome post. There are lots of ways to use conditional probability to increase your odds of success. Go through CENTS before you decide on a business. Make sure it follows at least some of the commandments right now (and have an idea of how you can solve the rest later). Once you decide on a...
  18. jdm667

    Why you should buy a home as early as possible.

    GOLD! ASSERTION 
    Mortgage/down payment assistance programs push prices higher. The politicians who create those programs know it - but they already own plenty of real estate, so they are happy with the result. @biophase I agree with your premise in this thread - especially for anyone willing to house hack...
  19. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I don't know anyone who starts programming a project from a blank slate. Usually you copy and paste from an old project of yours (or from code you find online) and then modify it to suit your exact purposes. Don't reinvent the wheel - just modify it slightly to fit your car.
  20. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Yep. Grass is always greener! Sitting too much will destroy your body just as much as kneeling on tile all day to do plumbing - maybe just in a different way. Always best to get a variety of movement during the day if you can.
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