00:55:00 · Molly O'Shea, Michel Del Buono
[00:55:00] S1: I don't know. I think the rainforest saves the penguins, so that might come before it. What are the craziest questions that people ask you? [00:55:10] S0: Some of these. [00:55:11] S1: Really? Do they actually? [00:55:13] S0: Yeah. How should I spend? How should I and I you know, again, my my job is not to tell you what's right or wrong. My job is simply illustrate The outcome on your life with different spending patterns, that's it. I have no. I'm not trying to judge, it's not my place to do that. Right. [00:55:31] S1: Well, what do you think about all of these people putting money into these NGOs that are now just totally scams and frauds? Is it the same advice as do your research? Like, how do you do research on those? [00:55:42] S0: Very, very difficult. I've personally tried to do some of that myself, and it's just very hard to know. There are forms that these charities file, so you can go read them, the form nine ninety, I think it's called. There are websites that let you compare and they rate these different charities based on how efficient you know, one of the metrics they use out of a $100 they raise, how much actually goes to the end end cause. But yeah, it's the same thing as anything else. You're donating money is very difficult to do it properly in a way that you won't regret later, which is why I think you correctly said at some point we need to have another session on on philanthropy.
00:55:42 · Michel Del Buono, Molly O'Shea
[00:55:42] S0: Very, very difficult. I've personally tried to do some of that myself, and it's just very hard to know. There are forms that these charities file, so you can go read them, the form nine ninety, I think it's called. There are websites that let you compare and they rate these different charities based on how efficient you know, one of the metrics they use out of a $100 they raise, how much actually goes to the end end cause. But yeah, it's the same thing as anything else. You're donating money is very difficult to do it properly in a way that you won't regret later, which is why I think you correctly said at some point we need to have another session on on philanthropy. [00:56:23] S1: Yeah. Yeah. So we covered a lot. We covered portfolio strategy, tax optimization, secondaries, private credit, houses, real estate. Is there anything that we missed? [00:56:37] S0: Boats, planes, kids. I don't I can't think of anything right now. [00:56:42] S1: No? Okay. Well, thank you so much, Michelle. Appreciate it. [00:56:46] S0: Thank you. Cool. Appreciate it. [00:56:48] S1: Hey. It's Molly. If you enjoy our interviews, check out our newsletter, sorcery.vc, where we deliver a once a week top deals and tech headlines email and also go deeper on our podcast interviews. Subscribe to Sorcery today, and don't forget to subscribe to the podcast on YouTube, Spotify, Apple, or wherever you listen. Link in description to sign up.