My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

Tax optimization provides more reliable alpha than investment selection

Taxes are guaranteed cost while investment alpha is uncertain. Tax strategies can provide 1-3% annual equivalent returns with certainty.

Focus optimization efforts on tax reduction rather than trying to beat market returns

Investment skill can generate alpha that far exceeds tax savings, making tax optimization secondary priority

Use direct indexing to harvest tax losses while matching market performance rather than trying to pick winning stocks

Percentage-Based Fee Invisibility Model

People underestimate the long-term cost of percentage-based fees because they don't feel the pain of the payment, unlike

Wealth Management A/B Test Framework

Split significant capital between professional wealth management and self-directed investing to empirically compare perf

Tax Alpha Over Investment Alpha Framework

Focus optimization efforts on tax reduction strategies rather than trying to beat market returns through security select

Build $30M+ tax-free retirement account through legal Roth IRA contribution loopholes

Accumulate $30M+ in tax-free Roth IRA by retirement age, paying zero taxes on withdrawals

Zero to something is always more life-changing

The psychological and practical impact of first wealth creation far exceeds subsequent wealth increases

Private banking and wealth management services destroy rather than create value for most high-net-wo

High fees (0.