JereBear⚔️

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JereBear⚔️

JereBear⚔️

@Lord_JereBear

$BTC. T$LA. Golf. Father. Husband. GHIN 6.9. I once called Tim Waltz a phag and his handlers went after me for months.

St Petersburg, FL Katılım Ağustos 2024
151 Takip Edilen87 Takipçiler
JereBear⚔️
JereBear⚔️@Lord_JereBear·
@JoeCassandra I view traveling and live football games as indistinguishable. I literally forget about them in a week or so. Fast forward 3.6.9 years. Don’t even remember one bit.
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Joe Cassandra
Joe Cassandra@JoeCassandra·
Traveling is not an accomplishment Any boob can get on a plane and rent an Airbnb. No one wants to hear about your pasta tour in Italy. Yes, I've traveled to dozens of places and lived abroad. In the end,the best memories come from your time with your wife and kids doing normal stuff like going to their Little league games.
INTERIOR PORN@INTERIORPORN1

OMG, do you know how much of a flex this is?? 😭

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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@Budgetdog_ Don’t have a 529. But I have many 7 digits in taxable account. The 401k w2 crowd would look at me like I’m poor.
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Brennan Schlagbaum, CPA
I’m having a hard time thinking college, as we know it today, will be relevant by the time my girls are of age. I really don’t think it will be. And I do wonder if/how the 529 rules will change. Almost makes me want to shift it to the parent taxable brokerage.
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Nick Maggiulli
Nick Maggiulli@dollarsanddata·
This is the Upper Middle Class trap in a nutshell. Some of the most successful people in the world (net worth $1M - $10M) feel like they are behind simply because they can't stop comparing themselves to those with more. And there's only one way to escape the trap—don't play.
Deedy@deedydas

The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen. Over the last 5yrs, a group of ~10k people - employees at Anthropic, OpenAI, xAI, Nvidia, Meta TBD, founders - have hit retirement wealth of well above $20M (back of the envelope AI estimation). Everyone outside that group feels like they can work their well-paying (but <$500k) job for their whole life and never get there. Worse yet, layoffs are in full swing. Many software engineers feel like their life's skill is no longer useful. The day to day role of most jobs has changed overnight with AI. As a result, 1. The corporate ladder looks like the wrong building to climb. Everyone's trying to align with a new set of career "paths": should I be a founder? Is it too late to join Anthropic / OpenAI? should I get into AI? what company stock will 10x next? People are demanding higher salaries and switching jobs more and more. 2. There’s a deep malaise about work (and its future). Why even work at all for “peanuts”? Will my job even exist in a few years? Many feel helpless. You hear the “permanent underclass” conversation a lot, esp from young people. It's hard to focus on doing good work when you think "man, if I joined Anthropic 2yrs ago, I could retire" 3. The mid to late middle managers feel paralyzed. Many have families and don't feel like they have the energy or network to just "start a company". They don't particularly have any AI skills. They see the writing on the wall: middle management is being hollowed out in many companies. 4. The rich aren’t particularly happy either. No one is shedding tears for them (and rightfully so). But those who have "made it" experience a profound lack of purpose too. Some have gone from <$150k to >$50M in a few years with no ramp. It flips your life plans upside down. For some, comparison is the thief of joy. For some, they escape to NYC to "live life". For others still, they start companies "just cuz", often to win status points. They never imagined that by age 30, they'd be set. I once asked a post-economic founder friend why they didn't just sell the co and they said "and do what? right now, everyone wants to talk to me. if i sell, I will only have money." I understand that many reading this scoff at the champagne problems of the valley. Society is warped in this tech bubble. What is often well-off anywhere else in the world is bang average here. Unlike many other places, tenure, intelligence and hard work can be loosely correlated with outcomes in the Bay. Living through a societally transformative gold rush in that environment can be paralyzing. "Am I in the right place? Should I move? Is there time still left? Am I gonna make it?" It psychologically torments many who have moved here in search of "success". Ironically, a frequent side effect of this torment is to spin up the very products making everyone rich in hopes that you too can vibecode your path to economic enlightenment.

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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@davidsirota Cuz we have so much free time lately. I don’t see how I can golf every day or travel everyday. Shit is boring as hell after the first few years. Get back to work. Get back to hustling.
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David Sirota
David Sirota@davidsirota·
If you have $10 million in a high-yield savings account, you’re pulling $500,000 a year in interest for doing literally nothing. Why are you on here? Why aren’t you just always off hanging out, doing cool shit, never looking at this garbage? I truly don’t get it. Now do hundred millionaires and billionaires. Like, literally they and whole generations of their kin will never have to financially worry about anything. Why are so many of them so unhappy and angsty and locked into so many stressful things in the attention economy? I can’t get my head around it
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Daniel Kurz
Daniel Kurz@DanielK13617598·
@SenFettermanPA No one has TDS. Trump is a serious threat to our lives and liberties. This is the same man who attempted to overthrow the Fed Gov't in Jan 2021. Do you know how I know that? I SAW it with my own eyes. Trump is a heinous individual that cares nothing for the people of PA.
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U.S. Senator John Fetterman
U.S. Senator John Fetterman@SenFettermanPA·
Stop this henpecking. $13M? This is an iconic American place and was in serious disrepair. Get over the TDS and celebrate this is getting done for our 250th. 🇺🇸
U.S. Senator John Fetterman tweet media
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@ScubaSteve259 correct. I'm the only local guy that have paid 500+ per sq ft in my neighborhood.
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Florida Grand
Florida Grand@florida_grand·
Sign of the economy in Florida: My son, who has worked as a server at a restaurant in downtown St. Petersburg for five years, said it was “the busiest weekend ever” for Mother’s Day weekend. He typically clears at least $1,500 in tips in a weekend but he said he “made twice that.” Take that for what it’s worth, pun intended.
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@GuyTalksFinance Why would I give you my hard earn money ? Typical dumb behavior. Which is why you think 100k is a lot of money.
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Finance Guy
Finance Guy@GuyTalksFinance·
Once you hit $100,000 invested it’s okay to take your foot off the gas a little bit to enjoy life. Maximizing your investments is cool but don’t be the guy that sacrifices everything just to retire at 40 Life is too short not to enjoy it
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@flntwd I’m so embarrassed to hold onto all these shares while everyone in the market has ripped the last 5 years.
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flntwd
flntwd@flntwd·
Notice there is never any downside to address. Only upside. Large accounts like this are doing a disservice to the Tesla retail community by not highlighting potential negatives. Unfortunate. $TSLA
flntwd tweet media
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@CandiceHollaway You’re right. Now show us your picture in see through clothes and a g string. We love to see the lips down there.
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Candice Hollaway
Candice Hollaway@CandiceHollaway·
Your kids could care less, just say the quiet part out loud. Girls with better bodies make you insecure and you don’t want your man looking.
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JereBear⚔️ retweetledi
Peter Girnus 🦅
Peter Girnus 🦅@gothburz·
I am the Chairman and CEO of Vornado Realty Trust. Eighty-four years old. Seven buildings in Midtown Manhattan. I said what I said. I said "tax the rich" is the equivalent of a racial slur. I said it at REBNY. Into the microphone. Eight hundred people. Median net worth in that room was north of $240 million, I know because our CFO ran the guest list through a Bloomberg terminal as a joke, and then it wasn't a joke. And when I said it, twelve people applauded. The rest nodded. One woman in the third row mouthed, "Finally." I saw her. Sharon, my communications advisor, Columbia, $430,000 a year, very bright, Sharon wants me to walk it back. She drafted something. "Mr. Roth's comments were intended to highlight the emotional impact of political rhetoric on business communities." I read it. I put it in the trash can on my desk. Not the recycling. The trash. Here's my clarification: I understated it. "Tax the rich" is worse than a slur. A slur is just a word. It doesn't come with a CBO score. Nobody is introducing a bill called the Racial Slur Implementation Act of 2026. But there are seventeen active proposals in Congress, I had Sharon count them, seventeen proposals designed to take more of my money. My money. Mine. Money I acquired by being better at acquiring Manhattan commercial real estate than anyone alive for four consecutive decades. That is not a crime. That is a record. I pay property taxes on $18.2 billion in assessed assets. $412 million a year. Say it again: four hundred and twelve million. I carry that number. It's the first thing I think about when I see a protest sign. I think: I pay more in property tax than the entire annual budget of the city of Fort Lauderdale. I looked this up. Fort Lauderdale: $408 million. Steve Roth: $412 million. I am a small city. And the city doesn't get screamed at. My effective tax rate last year was 11.4 percent. I say this because I believe in transparency and because I'm not ashamed of it. The rate reflects the legal structure of real estate investment trusts, depreciation schedules Congress established in 1986, and carried interest provisions that both parties have voted to preserve for forty years. I did not write these laws. I organized my entire financial existence around them with the help of nine full-time tax professionals who have offices on the 38th floor of 888 Seventh Avenue, which I also own. Their office is in my building. Their work protects my buildings. This is not a loophole. Sharon calls it a loophole. I've told her: a structure maintained by nine attorneys across four decades is not a loophole. A loophole is something you slip through once. This is architecture. This is the foundation. This is the building. Last Tuesday, same as every Tuesday, I walked past 1290 Sixth Avenue. My building. And there was a man. Same man as last week. Same sign: "Billionaires Pay Your Fair Share." He was standing on my sidewalk. My literal sidewalk — my company owns the ground lease. He was maybe thirty. He was wearing a jacket I would estimate cost $60. My lunch that day was $114. For one. I am telling you this not to boast but because these are facts. He has decided I'm his enemy. Based on a number he saw on a Forbes list. He doesn't know what I pay. He doesn't know what my buildings cost this city in construction jobs and lease revenue and foot traffic. He knows one number. He has made one judgment. I see him every Tuesday. I've started to notice things. He brings coffee from the cart, not the Starbucks. He has a backpack that looks heavy. He doesn't look unhealthy. He looks like he probably works somewhere, but not on Tuesdays. I've wondered: does he have a job? Does he have a building? Does he have anything that depends on him the way 4,200 employees depend on me? I suspect not. And yet he has opinions about my tax rate. I gave $22 million to charity last year. The Met. NYU Langone. Mount Sinai. I gave a building to NYU. Not money for a building — a building. The Steven Roth Residence Hall. It houses 400 students. That man with the sign has never housed 400 students. He hasn't housed one. He gives cardboard. I give structures. This is not a comparison I'm making to flatter myself. It's just arithmetic. When I said what I said at REBNY, I was saying what every person in that room believes and none of them will say publicly because they have communications advisors and the communications advisors all went to Columbia and they all say "unhelpful." I'm eighty-four. I'm too old for helpful. I'm too old to perform restraint for people who hate me for something I can't change. I didn't choose to be rich. I chose to be good at one thing for a very long time, and this is what happened. You don't punish someone for that. You don't legislate against someone for that. My net worth fluctuates between $3.8 and $4.1 billion depending on the quarter. I fluctuate more in a fiscal week than that man on my sidewalk will earn in his life. Both of these are facts. Only one of them is considered polite to say. They want me to apologize. I'll be dead in ten years. Twenty if I'm lucky. And they'll still be renting my buildings.
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@ReposedAnchor Brother I hope so. Getting sick of tired of watching the other 499 stocks in the S&P rip but Tesla.
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
You literally a fucking idiot. The higher the score will obviously take more time to play. If your husband is taking 5-7 hours. He is a hack. Everyone and their mom in the private golf scene knows pace of play is 3.45-4.15. Some of the most privy courses will literally ban you from morning tee time if you play the way your hack of a husband play. Let me guess he squat when he pees and you make him go down on you to go get some fresh air.
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Leni🦖👑
Leni🦖👑@Lennimacev·
@Lord_JereBear @emilykmay Wow let it go, your misogyny is showing. Thought you said it wasn’t about the scores and yet you know all your playing partners. Oh and my husband hasn’t shot a 95 since he was about 9.
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
I played this morning at 8am. Finished at 1130am. Our four ball shot 74, 78, 81, 88. Your husband is full of it then. Or really suck as a golfer. Here’s a logical advice. The least amount of strokes = less time on the golf course. If your husband hacks a 95. He took 20 more strokes than us. 5 minutes more per strokes = 100 minutes. That’s your extra 1.5 hours. But female logic doesn’t understand.
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Leni🦖👑
Leni🦖👑@Lennimacev·
@Lord_JereBear @emilykmay My husband plays off scratch, plays twice a week sometimes more , he is not a ‘casual’ golfer, been playing since he was a child. He plays with other low handicappers in comps. They play parkland & links. No way are they making it round in 3hrs 45 & it’s all about the score
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
@Lennimacev @emilykmay I carry my golf bag. Playing cart golf and drinking beers is not normal for real golfers. You’re most likely thinking of social golfers. I have 3 kids. And my wife is very happy.
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JereBear⚔️
JereBear⚔️@Lord_JereBear·
That’s not what people who take golf seriously weekly do. 15 minute commute. 3.45 hour round if we play private. 4.5 hour round if it’s public. Nobody catches up on scores post round. What you’re suggesting is casual golfers. They are not regular. I play golf Tuesday and Thursday at 810. We are done by 1115 and I’m spending entire afternoon taking care of kids and errands.
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Leni🦖👑
Leni🦖👑@Lennimacev·
@Lord_JereBear @emilykmay Travel to club and back, fourball round, in the club for a drink and catch up on scores afterwards is easily 7 hours+
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