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Posts by Ricky Nave

link to GPT-4 graduated from MIT

GPT-4 graduated from MIT

There are 4,550 non-image homework and exam questions across the 30 MIT math, electrical engineering, and computer science courses required for obtaining a degree. Researchers asked GPT-3.5 to solve...

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link to Texas Governor Wants to Eliminate Property Taxes. Can the State Afford It?

Texas Governor Wants to Eliminate Property Taxes. Can the State Afford It?

"Texans want to own their property, not rent it from the government." Texas Governor Abbott The median Texas property value went up by over 40% during the pandemic, according to Zillow. That...

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link to How Do Texas Property Taxes Work?

How Do Texas Property Taxes Work?

Texas has no state property tax. However, the Texas Constitution and statutory laws authorize local governments such as cities and counties to set and collect property taxes. Each local government...

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link to Gig Work Will Replace Remote Work

Gig Work Will Replace Remote Work

60% of executives expect to replace more full-time employees with independent contractors, according to Mercer's 2023 global talent trends survey. The term "gig economy" was coined in 2009...

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link to Labor Economics: Extensive Margin vs Intensive Margin (with Formulas)

Labor Economics: Extensive Margin vs Intensive Margin (with Formulas)

TL;DR: Extensive margin and intensive margin are both abstract concepts that lack universally agreed upon definitions. However, extensive margin usually means something like "the total number of...

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link to How to Price Fractional CFO Services (9 Examples)

How to Price Fractional CFO Services (9 Examples)

There is a trend among American businesses towards more contractor hiring and less employee hiring, which is creating increasing demand for outsourced finance services ranging from basic bookkeeping...

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About the Author

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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