Private jet expert destroys noobs

less than 1m read

·Nov 3, 2024

Why did you have a private jet? Yet, because it's the stupidest investment in history, you're going to spend $25 million on something that is going to cost you almost $10 million a year.

It's okay; the guy completely doesn't know what he's talking about. It does not cost $10 million a year to operate it, and it's not an investment in the airplane; it's an investment in your time, in your business, and what you can accomplish by having the jet.

It's worth you getting on that jet for $800,000 a month. He is smoking something because there's no airplane that is going to cost them $800,000 a month based on a purchase price of $25 million.

$30,000 a day, okay? A $25 million airplane, if you finance, let's say half of it, maybe it can cost you $400,000 a month, which is about $45 million. That includes financing, but most people pay cash for the airplanes, which reduces your operating cost to $250,000 a month, $3 million a year.

That is an ultra long-range, top-of-the-market airplane, but most people are flying around in small jets.

Intermediate value theorem example | Existence theorems | AP Calculus AB | Khan Academy

“The US Economy is Collapsing Before Our Eyes” - Billionaire Sam Zell’s Economic Warning

View All

Desining from Day One: Artists as Founders: Multiverse (S20) - YC Gaming Tech Talks 2020

Um, so we’re Multiverse. We did YC W20, so that was from like January to March of this year, just before Corona hit. Um, so, you know, Multiverse, we’re making next generation tabletop RPGs. You can think of us like a mix between D&D and Roblox. We wa…

Total product, marginal product and average product | APⓇ Microeconomics | Khan Academy

In previous videos, we introduced the idea of a production function that takes in a bunch of inputs. Let’s call this input one, input two, input three, and that based on how much of these various inputs you have, your production function can give you your…

Finding decreasing interval given the function | Calculus | Khan Academy

Let’s say we have the function ( f(x) = x^6 - 3x^5 ). My question to you is, using only what we know about derivatives, try to figure out over what interval or intervals this function is decreasing. Pause the video and try to figure that out. All right,…

Conformity - Mind Field (Ep 2)

So welcome, everyone. My name’s Ron, and your task is to choose the line on the right that matches the line on the left. All right, this seems like an easy enough task: which line on the right is the same length as the one on the left? The answer is clea…

Jeff Bezos: The electricity metaphor

When you think about resilience and technology, it’s actually much easier. You’re going to see some other speakers today, I already know, who are going to talk about breaking-bones stuff, and, of course, with technology it never is. So it’s very easy, com…

YC Founders Made These Fundraising Mistakes

If you look at why the Google founders are the Google founders and still have all this control over their company, you can look all the way back in time to the moment of the earliest fundraisers. They were not desperate for cash and load leveraged. Hey, …

Private jet expert destroys noobs

More Articles