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Sizhao Yang
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Startups (founders + employees) work 10 year with below market salary hoping for equity value. With 43.4% capital gains, in California, that is 56.4% tax. Estate tax takes 40%. Spend
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1/ There's a concept known as financial compounding, but most people don't know about intellectual compounding. Buffett and Munger employed this to great effect and to accumulate mental models such
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