Advisor to families & individuals, helping make meaningful financial decisions. @brickleywealth | Disclosures: https://xitter.cf/t.co/q4nCIuWTe7
San Francisco, CA
Joined February 2011
- Tweets6.7K
- Following1.3K
- Followers455
- Likes13.7K
Pinned Tweet
Our biggest strength?
Combining a CPA firm and financial advisery firm under one roof.
It’s really hard to overstate the benefits of coordination- especially if you’re in a high income bracket and receive RSUs/options.
Our new blog post digs in with a bit more detail.
📣 New Blog Post! 🌟
Looking for a better approach to financial planning? 🤔💰
Discover the benefits of combining CPA and financial adviser services at Brickley Wealth Management! 🏢✅
🔗 brickleywealth.com/learn/ben…
#BrickleyWealthManagement #CPA #FinancialAdviser #TaxPlanning
Most people WANT to do the cool stuff they see with LLMs, but it feels out of reach. If you're the AI-pilled one on your team, teach them to tell the model 3 things:
1. What you want it to do
2. How much effort to spend
3. How it should verify it did the right thing
That's it.
I am surprised that people are surprised this is how I prompt Claude.
Talk to Claude the way you would a coworker. There's no secret to prompting. There's no need to be overly scaffolded or prescriptive for most tasks -- give Claude a goal, and it will figure it out.
Back in the Sonnet 3.5 days, your prompt mattered a lot. Nowadays, it's much more important to communicate to the model:
1. What you want it to do
2. How much effort you want it to spend
3. How it should verify that it did the right thing
1
49
Simple way to read this: a 1% move in rates changes the price about 7% either way.
The 5% yield gets added on top no matter what.
That's how you get +11.9% vs -1.9%.
In 2020, with yields at 0.5%, there was almost no cushion. Same 1% move, roughly +8% or -7%.
Will 5.0% be the ceiling for the nominal Treasury yield? Maybe not, but for bond investors the risk-reward math has gotten considerably better. The 5% yield provides such a good cushion that if the 10-year yield were to fall 100 bps, an investor would make 11.9%, while only losing 1.9% if the yield were to rise to 6%.
I was interviewed by @tarynphaneuf with @NerdWallet on how to handle the money side of an IPO. It was a really fun conversation and a few of my thoughts show up in the final piece. Link in the reply.
Merry SpaceX IPO Eve to all those who celebrate.
I’m at the bottom of a multi-layer SPV and am looking forward to the SpaceX IPO in much the same way a golden retriever looks forward to a car ride:
- thrilled to be involved
- no clue how cars work
- unsure if going to the park or getting neutered
1
240
At some point, a frontier model will get produced that largely satisfies the needs of the majority. Months later, that same model will, presumably, be replicated within a cheaper model- likely one that is open sourced and can be run on device. What happens then?
This certainly isn’t a new thought. And it seems like, at our current point in time, the demand for the latest and greatest frontier model is overwhelming and people are more than willing to spend their tokens for this. But how long will that persist?
Citadel, is one of the most significant hedge funds, and they just dropped tokenomics …
And it’s not what you would have expected
73
Without question, Tesla’s rabid shareholder base helped elevate their share price for a loooong time. A high stock price has an interesting trickle down effect because suddenly you can do a lot more- finance acquisitions with equity, raise cash by selling shares…
Incredible video.
Liftoff of Starship V3, from the dunes right outside the pad.
This is the most insane shockwave action I have ever seen on video. Absolutely mad.
📽️ Me for @WeAreSpaceScout
83