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I'm a parent and while I invite people over (indeed, this last Sunday we had another couple and their kid over) and do this thing, very few of our parent friends appear to do it. Or I guess maybe they do it with each other and just don't invite us, but I think it's rarer than you think.

She's probably not? If she's gone two and a half years since her gallbladder was removed, and years before that when sge had gallstone symptoms but thought they were something else, that was before widespread use of GLPs.


Even very large salaries are probably not a very significant amount of wealth for these people. I think this is a case where "all large numbers look the same."

If Warren just directly gave his money to his three children equally, and paid 40% inheritance tax on that money, and then the children each just used 1% of that wealth per year, then they'd each get:

144000000000 * 0.6 / 3 / 100 = $288 million each year.

No foundation pays its CEO 10% of that much money. I think we may have to accept that in fact this is a way to give money to charitable causes, not just horde it.


I wonder if they could even unwind the fortune to pay 40% in cash.


I believe they wouldn't have to because of the stepped-up-basis, but my point is that even if somehow they were paying the full 40%, it's still an inconceivably large amount of money.


In this case yes. However that is not the case for all charities and so you need to look.


What else would his repute be based on? Maybe telling retrospective truth? Per the article, he does terribly by that metric as well.


You could imagine that pre-diagnosis confusion relating to Alzheimer's increases the risk of traffic accident and kills taxi drivers, too. Might not operate for truckers as much because they're more likely to survive accidents.


18.


Okay, if it's bad for the price they're offering, use the more expensive API. If they themselves can't afford it I don't know what you want here.


That was very much on the table, though not locked in.


The US's population is not declining. However, without immigration, our population growth would be very close to zero, and a yet lower rate of natural increase is locked in over the next couple of decades (more old people who will die than children).

And, I mean, it's obviously hard to predict beyond that, but it doesn't seem like anyone has any real clear answer to the trend of steadily decreasing TFR right now.


I mean, he was pretty vindicated on Uber. Which kind of hurts me to say, I was a long time Uber bear. But it did indeed emerge from the pandemic stronger.


Quick Google suggests Uber is up 66% on its IPO price, but the S&P index is up 85% over the same time period. I think Softbank also sold out around 2022, so the return (vs IPO price) would have been even lower. Didn't check for stock splits etc but I don't think Uber was a home-run for Softbank at all.


They also spent a ton of money to get an unchangeable law passed in their favor to bypass employment regulations.


> unchangeable law

WTF do you mean by this? Even constitutions can be amended, and if an odious law cannot be changed through politics then that only means it will be changed by other means.


yeah I was a uber bear too, some how it has turned around

I was betting on the taxi drivers revolting, but the capital markets have prevailed


In what country would taxi drivers revolt?

I think in most countries the drivers get paid by the taxi license holders and usually can make more money and/or more have more flexible working conditions driving for Uber.

See eg https://www.statista.com/chart/6971/fare-deal-taxi-drivers-e...


> In what country would taxi drivers revolt?

Germany.


Better the taxi drivers revolt in Germany than artists!


No, their customers revolted. If a business based on "Get in cars with random strangers" beats you in the marketplace, your business model sucks and chances are good that you do, too. That's the taxi industry in a nutshell.


The old taxi union+licensing+bully hybrid system common in many parts of the world was far worse than the cruelest thing uber could do.


>I was betting on the taxi drivers revolting, but the capital markets have prevailed

Capital Markets found in favor of giant corporation Uber instead of giant corporation Cabcharge.


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