Lucius Quinctius Cincinnatus

451 posts

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Lucius Quinctius Cincinnatus

Lucius Quinctius Cincinnatus

@L_Cincinnatus_

Twice Emperor, always farmer

Katılım Mayıs 2022
209 Takip Edilen30 Takipçiler
Mark Cecchini, CFP®
Mark Cecchini, CFP®@markcecchini·
typed this up for someone recently and thought I would share >> Why have a high minimum dollar fee? << Most importantly, I never want you to feel like your assets are “stuck” with us or that you’re under pressure to consolidate everything immediately. There will always be valid reasons to pull money: a home purchase, college expenses, funding an outside investment, or simply spending it. It’s your money, always. The minimum annual dollar fee means our fee doesn't crater if you take large withdrawals from managed accounts, and we can continue to serve you in the same capacity as always. It also allows people to get in the door under the right circumstances without having $2,000,000+ of liquidity. My hope is that my clients never feel beholden to keeping assets with us for any reason. Additionally, a large part of what I do for clients has nothing to do with managing investments. This fee covers everything from liquid portfolio oversight and rebalancing to retirement planning, estate planning, charitable giving, account consolidation and cashiering, company stock coordination, tax coordination, and scenario modeling. Lastly, this fee level allows me to keep the practice intentionally small and bespoke. Fewer clients means more time, more attention, and a higher level of service for everyone in the practice.
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DJ Windle
DJ Windle@djwindle·
Any tax professionals in OKC ready to get out of their cubicle and come work here?
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Jeremy Wayne Tate
Jeremy Wayne Tate@JeremyTate41·
Our full conversation with Ben Sasse. The man has the kind of moral clarity that is often only given to those facing this kind of terminal diagnosis. Please continue to pray for him and his family.
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Lucius Quinctius Cincinnatus
Lucius Quinctius Cincinnatus@L_Cincinnatus_·
@DouthatNYT Not to mention that every developed country that has given even more generous government benefits has seen NO long term improvement in the birth rate.
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Ross Douthat
Ross Douthat@DouthatNYT·
1) Sasse had a Senate record of votes for family-friendly policy; 2) America has already run an experiment where the liberal half of the country has more generous social spending, the birthrate results would not win this guy his bet. x.com/fishstark/stat…
Fish Stark@fishstark

All right @BenSasse, let's make a bet. Let's divide the US in half. I'll let you pick which half. In your half, you ban Candy Crush. In my half we institute 16 weeks of paid parental leave, universal childcare, & a restored child tax credit. Let's see which has more babies.

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Lucius Quinctius Cincinnatus
Lucius Quinctius Cincinnatus@L_Cincinnatus_·
@NeilShenvi Interesting! I’ve actually noticed the same thing myself in terms of more sleep needed (I’m usually a 7.5-8.5 guy, but I still feel a bit off getting 9+). As an aside: thank you for all you do outside of being a creatine test subject!
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Neil Shenvi
Neil Shenvi@NeilShenvi·
@L_Cincinnatus_ No it actually happened. No idea why, since creatine typically increases people’s energy.
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Neil Shenvi
Neil Shenvi@NeilShenvi·
I can normally subsist on 6 hours of sleep a night, but a few months ago, I suddenly needed 8-9 hours. I'd go to bed at 10, wake up at 7 and still feel tired. I couldn't figure out what was wrong. Then I stopped taking creatine. Instantly back to normal.
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Lucius Quinctius Cincinnatus
Lucius Quinctius Cincinnatus@L_Cincinnatus_·
@jonharris1989 They still thank Reagan for liberating them from communism (with the help of JP2) Thatcher not so much because they’re still bitter at Churchill for selling them out to Stalin.
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Ben Sasse
Ben Sasse@BenSasse·
what a crazy coincidence! “Ranking Roman emperors” is actually the number three thing left on my before-dying-to-do list. BRB…
Lucius Quinctius Cincinnatus@L_Cincinnatus_

@BenSasse Senator, speaking of working the brain: If you’d be so kind as to reply with your favorite Roman emperor and why, I’ll commit to reading the Harvard Classic before you die. Deal?

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Jim Stinson
Jim Stinson@jimstinson·
@BenSasse By favorite, does he mean we have to like them too? Or can they be a little notorious?
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Hooch
Hooch@CompanyHooch·
@BenSasse Just so you know the “Sasse goes out a Nero truther” square is paying out 50:1
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Lucius Quinctius Cincinnatus
Lucius Quinctius Cincinnatus@L_Cincinnatus_·
@BenSasse Senator, speaking of working the brain: If you’d be so kind as to reply with your favorite Roman emperor and why, I’ll commit to reading the Harvard Classic before you die. Deal?
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Ben Sasse
Ben Sasse@BenSasse·
“Omaha” will be fine. What about the Mama?! …she’s a MONTH late…
Ben Sasse tweet media
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Lucius Quinctius Cincinnatus
Lucius Quinctius Cincinnatus@L_Cincinnatus_·
@edgaralandough Just for people in the comments: It won’t be perfect, but still good, and a lot better than if they didn’t have any credit history. But make sure you not only pay on time, but that your credit utilization is low.
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CooperBaggs 💰🍞
CooperBaggs 💰🍞@edgaralandough·
Add your kids as an authorized user to your credit cards (assuming you pay off your card in full every month). Don’t even give them the card They will have a perfect, decade plus credit history by the time they actually need it Legitimately one of the easiest and most impactful things you can do for your children
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Lucius Quinctius Cincinnatus
Lucius Quinctius Cincinnatus@L_Cincinnatus_·
@markcecchini Sounds like some LOSER financial advice. My clients get a ton of value by moving their 3 underwater rentals into a self-directed Roth while establishing a bona-fide domicile in Puerto Rico (because TikTok).
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Mark Cecchini, CFP®
Mark Cecchini, CFP®@markcecchini·
Listen , I'm happy to go as deep as you want on the analytical. I don't enjoy when people make sweeping judgments without running the actual models. But after a certain point we have to take it back up several levels to the following questions: -How does this add value to your life? -What risks are we adding? Removing? -Does this meet the ROH (return on hassle) test? -How does your spouse feel about all this? -Will this allow you to spend more time building or hanging out with people you care about? -What does the regret minimization framework say? -Is this for ego, pride, or none of the above?
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vittorio
vittorio@IterIntellectus·
the reactions to this post have been really interesting, a few things i should add the reason protein before bed works is that protein and fat digest slowly and they maintain blood glucose for 6-8 hours. carbs spike and crash in 2-3 so if your stomach gets empty at 3am and blood sugar drops, your body produces more GDF15 (the nausea hormone) and you wake up already sick. thats why "eat crackers in the morning" doesn't work. you're trying to treat the crash after it happened while you should prevent it ginger actually has clinical evidence here too. it works through serotonin receptor antagonism (5-HT3) (same mechanism as ondansetron, which is the drug they prescribe for severe nausea) vitamin B6 works through a different mechanism. both work better before the nausea starts than after basically, morning sickness is a prevention problem. the window to do something about it is the 8 hours before you feel anything
vittorio@IterIntellectus

one reason why the wife and i spent so much time preparing a birth plan is that after she got pregnant, we wanted to avoid the first trimester nausea, so we started researching and reading the literature turns out first trimester nausea is driven by hormones the placenta produces (mainly GDF15 and hCG), but what makes it worse for most women is blood sugar instability. pregnancy lowers maternal fasting glucose, so if the stomach gets empty overnight or in the morning, nausea gets significantly worse which means eating crackers or cookies in the morning doesn’t help, you’re spiking and crashing blood sugar when you need stability what the research shows is that protein reduce nausea better than carbs. what worked for us was a protein and fat rich meal before bed (to sustain blood sugar overnight), then good carbs and fats as soon as she wakes up before the crash hits it may have been luck, but it helped a lot and the wife almost never suffered from first trimester nausea when we went to the gynecologist and asked about nausea prevention, she said “it’s normal, you just have to deal with it”, and that’s how we realized we had to do most on our own

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Mary Clare Amselem
Mary Clare Amselem@MCAmselem·
I think now’s a great time to tell the story of my mom’s greatest parenting move. This is deep family lore. When I was probably 4 or 5 years old, my brothers were 6 and 2 (youngest wasn’t born yet) and we were quite rambunctious in church. As the mom of 3 small kids now I get what a challenge this is. And my mom had just about had it. If you’re Catholic you know most parishes have 3 Sunday morning masses. Usually around 7am, 9am and 11am. We were at the 9am mass and were running around the entire time. Not sitting still, not listening, talking loudly, and asking over and over if it was time to go home yet. That’s when my mom made the executive decision: we’re staying for the next mass. We could not believe it (neither could my dad, who was less than enthused by this plan). My little brain could hardly process sitting through the entire hour long mass. The next mass didn’t start for another hour after this one ended. Then sit through another hour long mass after that?? Surely she was just bluffing. She was not. We sat there after mass ended. Sat in the pew for an entire hour as they prepared for the next mass. By the time the next mass started the message was clear: we’re doing this until you guys do it right. The next mass started and we were angels. Didn’t move a muscle, didn’t make a peep. At one point my younger brother very loudly dropped a hymnal on the ground. My older brother and I shot him daggers, then, full of terror, dared a glance at my mom. “It’s fine” she said, as we sighed a breath of relief. We passed the test, went home, and had a long conversation about being respectful in God’s house. We never misbehaved again. It was a long Sunday for my parents, but every Sunday after that was easy. I gotta break the news to my husband that it’s time to pull this move on my kids.
Matt Walsh@MattWalshBlog

I don't love it. I'm actually considerably less tolerant of loud kids in public now than I was before I had my own. Your children should not be allowed to disrupt a church service, or any other public gathering. If they're being unruly, remove them. If they're old enough to know better, take them out and discipline them. If they're too young to control themselves, then again remove them. I've had to do this many times in many situations. It blows my mind when parents just sit there and let their kids totally disrupt and irritate an entire room full of strangers.

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Mark Cecchini, CFP®
Mark Cecchini, CFP®@markcecchini·
anytime! hope it's helpful to some. Addepar is insanely robust, not sure if it's necessary for many RIAs but our firm does a decent amount with privates I've used them all but they is definitely the most adept at handling illiquid alts and complicated ownership structures I also find the interface to be wildly helpful day to day practice management / ad hoc reports and daily downloads, etc. + client portal is solid
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Mark Cecchini, CFP®
Mark Cecchini, CFP®@markcecchini·
client tech stack and process. continously refined and streamlined to deliver value early and often. could not operate at the level I am without either of these.
Mark Cecchini, CFP® tweet mediaMark Cecchini, CFP® tweet media
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