Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
When you sell stock [1] you pay capital gains tax, but there's no tax if you donate the stock directly. Under a bunch of assumptions, someone donating $10k could likely increase their donations by ~$1k by donating stock. This applies to all 501(c) organizations, such as regular 501(c)3 non-profits, but also 501(c)4s such as advocacy groups.
Don't Sell Stock to Donate
Jeff Kaufman's Writing
This is one of the main things that happens in finance. It describes how companies work — they issue debt and equity, etc. — and your mortgage, and banks. In its purest form, where you just have some set of cash flows and you slice them up into junior and senior claims, it is often called “securitization,” or “structured finance.”
Money Stuff: Slicing Cash Flows for Better Ratings
Matt Levine
Anti-ageing is a disappointing pursuit. It has been since Ponce de Léon went searching for the Fountain of Youth and found Florida. There is no point at which the anti-ageing will have worked – when you look in the mirror and say, “I’ve done it! I’m anti-aged!” Once you buy into the concept of anti-ageing, you buy in forevermore.
Should You Be Getting Botox? Welcome to Ask Ugly, Our New Beauty Column!
Jessica DeFino
...catch up on these, and many more highlights
Readwise