Jay Howard

@AcdntlyRetired It’s so funny that and “yachts” are the only two things people clasp onto that separate most of us “low to mid 8 figures guys” from the billionaires. Warren Buffett said this once and it’s true.

Serious question...how much money do you need to get to private jet money?

@AcdntlyRetired - you don’t have to go on LinkedIn

You don't need to be rich to win at life. Here's what winning actually looks like: • You track your net worth and monthly spending • Your car is paid off • Your kid(s) already have a 529 being funded • You see a $50 entree and order it anyway • You leave work at 3 pm on a Friday to pick up your kids from school • You coach your kids' soccer team • You eat a home-cooked meal at home 6 nights a week • You pay for airfare with points only What else?

@hugomosh @moseskagan @HenryForLA I fully believe that. And would love to help those people off the street with top priority. We spend hundreds of millions on this every year here in Portland. Those people should be first in line.

@jchowald @moseskagan @HenryForLA You don’t see them, but there are families living in cars, asking others for a garage or similar so they’re not right there on the street

The hard truth about housing and homelessness is that they aren't problems we can tax and spend our way out of. So long as we have a shortage of housing, there will be homelessness, and so long as it's illegal to build more housing in most of the city, there will be a shortage.

@moseskagan @HenryForLA Portland it’s gotta be 99% of all people on the streets fit into one of those two categories, usually both. There are almost no “regular” homeless folks anymore. Like the kind you could have a conversation with to offer work for the day.

@HenryForLA Another "hard truth" about homelessness is that, at least in LA, a large portion of it is caused by drug and alcohol abuse and mental illness.

@RealEJAntoni @tomselliott Incredible time to have taken out a huge loan and let your lender get their real return diluted into oblivion

Cumulative inflation since Jan '21 is between 23.6% and 27.1%, depending on which index we're using:

@AcdntlyRetired Once I settled into wealth, I realized PJ territory was a huge leap from low 8-figure NW to bother and that all the things we could buy up to that level were just more work for us (houses boats). So we just decided to be happy with what we have and rent stuff that creates work

The richest folks I know have multiple houses, multiple cars, are rarely ever home to use them. And they seem run down 24/7. The price they pay for more and more wealth is their physical health, relationships, and mental fortitude. Is it really worth it?

@TechLayoffLover Fear porn. Calm down.

Had drinks with 30 CTOs last night at an off-the-record gathering in Palo Alto Every single one showed me the same internal PowerPoint slide "2026 AI Headcount Targets: Path to 70% Cost Reduction" The numbers will make you physically sick Fintech CTO planning to cut 280-person engineering org down to 43 "AI orchestrators" by September. Same product roadmap. Same delivery expectations. Healthcare CTO already eliminated his entire manual QA department. 67 people. Replaced with 3 senior engineers running autonomous testing agents that ship code directly to production. SaaS CTO walked me through his "human depreciation timeline": 340 engineers today, 89 planned for 2027. Customer support going from 120 humans to 12 "escalation specialists" managing AI conversations. The most chilling part: they're all using the exact same consulting deck from McKinsey called "The 30% Organization" One CTO literally said "hiring humans for code is like hiring horses for transportation" Another showed me Slack screenshots where his L7s are asking if they should train their replacements The consensus was unanimous: if you can't manage 10 AI agents by Christmas, you're not making it to New Year's Every single one of them is planning to announce these cuts as "AI transformation success stories" While their stock options vest at record highs built on the backs of workers they're about to execute The future of engineering is 3 humans with 50 AI agents in a WeWork somewhere while 500 families lose their homes

@AcdntlyRetired Very overrated and obsessed about faux luxury.

I've run a multimillion dollar company. Traveled all over the world. Met with top investors and executives. Yet I have never once flown business class.

@AcdntlyRetired Below a certain amount of financial wealth, it does become very difficult to be happy when trying to live in today’s world. Above that line, you make the decision whether to be happy or not.

The goal is not $1M. The goal is not $2M. The goal is not $3M. The goal is not $5M. The goal is happiness -> not money.

@harukaawake Everyone knows why

🇯🇵 In Japan we don't need to put locks on all of our Apple products because we won't steal them. I seriously can't even imagine the situation on the right. What are these people thinking...

@ric_orna @yumejikiriko That’s some bad math on the 4 deer

@yumejikiriko Who says it’s cow?

これはもうテセウスの船的に言えば、冷蔵庫じゃなくて牛と呼んでも良いかもしれない🍖🍖🍖

@MercuriusFilius @andyantiles_ Can you break down your sub $100M tiers “steps in quality of life”?

I inherited (the first time) at around the same age (a bit younger), with a fairly similar situation. Fast forward years later, I inherited the second time, the much larger inheritance (e.g. the family office). How to handle it is complicated for many reasons, especially losing both parents. The biggest issue I remember was that everyone was focused on how to spend it so quickly, meanwhile I was in immense emotional pain from loss of a parent — it made me almost hate that money, because it was all people thought about, and it bothered me. It caused me to learn and look at things differently. While there are endless possibilities, I suggest he not rush, and not spend for a period of time. Too many emotions, and too many people with their own motives, can impact and cloud his judgement. I learned that outside people can have bad motives, ideas, and many are all too transparent about their focus — the more wealth, the more of a frenzy they get into with eager ideas of how to spend/invest it. In both cases, it impacted me, but I wish people would have let things settle a bit before throwing ideas at me. It was overwhelming. In each case, I had to take a break for a period of time, to just disappear and process everything. 📌 My advice would be this: - Don't make any decisions right away, there is no rush. - Take time to process the situation. Hide from everyone for a bit, a few months of no contact will help you achieve mental clarity, rather than being a distraction. - Don't spend/invest anything for a period of time, let your emotions calm, to where you are thinking more clearly. Take time. - Don't trust anyone, especially those who try to push ideas quickly. - Don't waste it. Protect it and strive to preserve/grow it. That inheritance is effectively your survival, and is what will save you and protect you for a lifetime. If lost, it doesn't magically reappear. - Remember, wealth is lost and spent faster than people imagine. - Resist spending, put thought into any spending decision, especially the first few years. - Being young, you want to party, enjoy life, and impress girls. Resist that, it's artificial, everything disappears after the moment of spending. It doesn't achieve anything lasting or real. - Financial "experts" are often careless or clueless, and might suggest things to their advantage, or simply bad ideas. Think carefully about anything suggested, especially the first few years, when people often try to be slick in what they suggest. - Assume that anyone with a suggestion, has their own self-interest in mind — and is not always in your best interest. - Especially if other people know (or estimate) the amount, be very cautious. Regardless if whether $30M/$100M/$XXB, understand that public knowledge isn't always a good thing, and can be very dangerous, it's better to be private. - The right investments are critical, and should be carefully decided, where you truly understand the investment, and have researched everything yourself. - Average people get excited by large amounts of wealth, eager to spend, eager to give advice of how to invest. Ignore most people. - Don't spend the principal. - Don't quit your job. There is no need to live off your inheritance. Continue working, especially until you have achieved more wealth. - $30M is significant, but also not enough. - If starting at $30M, your first goal should be $100M, then $1B. - Life doesn't change much over $100M (even over $1B), because you can already afford the best quality of whatever desired. Over $1B starts to be more about scale and options, than quality. However, under $100M (from <$1M to $100M), there are steps in quality of life, and it does change. Under $100M, it's easy to waste and lose it all quickly. At $30M, don't spend like you have $100M/$1B, because you don't. - Always remember: If it doesn't last your lifetime, they you have failed to manage it properly I wish him luck. It's not easy.

Just got off a call with a guy who just got a $34m inheritance from his parents Not in real estate value… Not in stocks… But in cold hard cash. The kid is 23 and makes $200k/year as a software engineer Has no idea whatsoever what to do with this money What would you do with it? Here’s what I suggested (I’m not a financial advisor, and this is not financial advice) Invest $12.5m into $VOO (S&P500 ETF) Invest $12.5m into $QQQ (Nasdaq ETF) Buy a $5m primary residence in cash And with the last $5m, buy section 8 real estate properties. I connected him with the sourcing company I use, and over the next 12 months They’re going to source him 150-180 rental properties This will create enormous tax deductions that will eliminate his income tax for years And he’ll earn ~$600k-700k in annual recurring cashflow And the $5m he puts into down payments will turn into $25m of equity once the federal government pays off all the debt in 30 years Simple playbook to ensuring that $34m turns into multiple 9 figures and true generational wealth

@XWorldCuisines Stop tapping things with your nails every time. It’s annoying

Dinner calls for this simple and easy Salmon and Rice recipe 🎥 parsleyandprosecco | IG

@JesseBWatters It’s insane these people get a vote in how I live my life

Spring Break goes WILD☀️ 🍺🤪 and the students have NO IDEA what’s going on🤣 “The BIGGEST issue in America is what BIKINI I’m wearing tomorrow”👙 “We’re going to war with IRAQ that’s been crazy”🤔 “I’ve NEVER heard the word Ayatollah in my life”🫢 “Is Venezuela in SPAIN?”😬😬😬

@DHSgov Political theater

TRAVEL NIGHTMARE IN ATLANTA. The American People are paying the price for the Democrats’ DHS shutdown as security lines keep getting longer across the country. End the chaos and REOPEN DHS NOW.

@RaySalomone @HustleBitch_ 100% agree. And then you GTFO and live your real life after you’ve proven to yourself what you are capable of on the world’s biggest stage.

@HustleBitch_ Everyone, at sometime in their 20s or early 30s, should live in Manhattan. No better life experience. No better proving ground. It’s not about the apartment. It’s about what goes on in your life from that apartment.

🚨 SHE HAPPILY PAYS $3,175 A MONTH FOR A 350 SQ FT APARTMENT IN NYC — AND CALLS IT A “DEAL” — WAIT UNTIL YOU SEE INSIDE A woman just showed her NYC apartment… and you can basically see the entire place the second you walk in. Only ONE real window. No washer or dryer. Barely any storage. They had to add their own kitchen island… build extra storage… and stack shoes wherever they fit just to make it livable. She says she uses artificial lighting just to make it feel brighter… and hauls laundry down the street every week. And somehow… this is considered a “deal.” She says renovated units in the same building go for over $4,000/month. The part that’s blowing people’s minds? She says she loves it… and doesn’t want to leave. At what point does “living in New York” stop being the dream… and start feeling like you’re paying luxury prices to live in a box?

@EdTheSNowMan @financedystop Great point. These instagram moms think their entire house should be renovated like it is in prime location when it’s really a tract housing hellscape with no tree beyond 10 yrs old.

@financedystop Waste of money. The original bathroom looks like it belonged to a median priced home. If you upgrade it to premium/luxury then the rest of the house has to be updated to similar standard to match. You can overinvest in your house. Nobody wants to buy a mansion in a trailer park.

@HighyieldHarry Ai begs to differ

This is the most Wharton thing ever

@DerrickEvans4WV @ThoughtCrimes80 When you realize more than half our congresspeople led by the democrats are intentionally creating this problem you’ll probably revolt, or nah maybe you won’t

🚨 BREAKING: Massive TSA lines at LaGuardia Airport in NYC stretch into the parking lot.

@financedystop Latam passport brokies. Go earn real money and then live off your passive income at a level 10x this and don’t be scrimping by forever waiting for inflation to eat your lunch