Listening to the latest My First Million podcast with Lloyd Blankfein, the former Chairman of Goldman Sachs, really hit home personally with a lot of the things he said. As I’ve mentioned before, I’ve been fortunate enough to have dinner with a previous Chairman of GS who gave me a one-hour super-talk on asymmetric information. Lloyd touched on the importance of a great spouse in helping him get to where he is today.
Sam mentioned he doesn’t even know how or what any of his personal bills are. Lloyd said, “My job was to bring in the money, and my wife was in charge of disbursement.” My household is exactly the same. My wife makes a great living, but she handles all of our personal finances. Lloyd mentioned he hasn’t paid a bill in 40 years; I am the same. In my business, I used to write and sign hundreds of checks or payments a week. In my personal life, I’ve written maybe three checks in my entire life, and I’ve paid zero bills. I have absolutely no idea what our insurance, electric, or any other bills actually cost. I just know my wife is a great money manager, and what we have is a direct result of that.
My job is to make money. Her job is to make sure we have enough to retire and live a nice life. My job is to add to that and make our road easier and better. We also lived in a modest house, kept our cars for 10 years, and maintained a Midwest lifestyle, so meeting our day-to-day needs wasn’t too difficult.
Lloyd also mentioned he was a very risky investor, which I appreciate. In business, you have to be. They are calculated, informed risks, but compared to the “normal” person, they would be considered much too risky. Most people can’t afford to start and own a business because you don’t get a regular paycheck. Employees always get paid first, and all extra money goes right back into growing the company.
In my side investing, I am always investing in new tech that could either 50x or amount to absolutely nothing. Take domains, for example. It has always been an alternative investment, but when I started, it was an alternative alternative investment. Crypto, NFTs, AI infrastructure, domains, memorabilia—they are all risky, but I was early, and they paid off handsomely. My main business is very large, but it’s an illiquid asset, which makes it very difficult to diversify. Everything is tied to one basket. Had I only done that, I would be in a completely different tax bracket. It would still be a comfortable one, but it would mean a different lifestyle and not nearly as enjoyable as the one I have now.
The MFM podcast really hit home because all these guys are just like me: big thinkers with spouses who keep the home base secure, the kind of security that I am not naturally great at building. With a good partnership, you get to enjoy both. That security and worry-free environment at home is exactly what allows you to take the big swings.
Quote of the Day: ‘AI will probably most likely lead to the end of the world, but in the meantime, there’ll be great companies’ -Sam Altman, CEO of OpenAI
Domain of the Day MedicalHQ.com Solid name for a medical hub
Please Note: The list below contains affiliate links and/or names that have been posted for a fee. It is how we pay for our time since it is a free site. More details at bottom of page. Can go to any of the auctions by adding the names at the end like this one
Dynadot
MCLM.com Top 1% in LLLL.coms IMO
BuckeyeGardening.com A lot of backlinks for those who are building gardening sites
Sol.finance Solar financing
PremierWood.com High end wood and/or furniture. 1998 Birthday
Application.xyz People forget that Application is the long form of App
Super.rehab Didn’t know there was a dot rehab. Nobody else seems to either. No bids
Data.click One bid at $8
Namejet
HRSuite.com AI tools for the HR departments
Datato.com Data data data
MassiveMoney.com Sounds like a podcast
Whap.com Some will say WAP is better and they would be correct but I still like this one
Restroom.org Set up a may with the cleanest restrooms
DirectLead.com Lead gen source
EliteMassage.com Upgrade name for a few companies
SunEnergy.com I spelled it wrong last list. Still love it
Kaan.com The rapper comes up for all the results
HealthyDay.com lovely name for a spa, retreat or any kind of wellness product
Unidos.com As seen on Sherpa. I liked it “united, together” Estados Unidos. As Drew pointed out it is the plural form which isn’t as good
Atom – Active Auctions
Rocta.com I’ll take this all day for $10. No reserve
UQFQ.com At $35 and has no reserve
PPE.ai Think how much this would go for at an auction on Namecheap. Seems low
Cliwa.com No reserve at $10. Good price for a pronounceable 5L.com
Backjaw.com Sounds like an IPA and that’s a good thing
Deri.com Coming soon
Sedo
AppK.com has a nice opening offer
Harmona.com IMO exudes harmony
AlertBee.com Met reserve at $99
FosterHome.net The positive angle would be for pets (obviously foster homes for kids are extremely important too but not going to monetize that)
Catched
A.watch $480 renewal. First time I’ve seen .watch and about as good as it gets
M.credit Another one. Also $480 annual renewal
StayAwake.fr These .FR and .IT English so so well here at Catched
TheBuilder.it Here’s an Italian one
Best.capital You’re the best right out of the gate
Gen.energy I think the renewal is over $100 but Gen for generate
Good.ec Good is good, .ec is meh. Has a bid
LLM.place to find an open LLM to build on your Mac Mini
Patriot.fi Patriot sounds like a VC firm or trading platform
DroneShow.xyz Replacing fireworks
LLM.place shop for LLMs
S3.game Another .game getting a great price
Unstoppable Domains
DigitalPapers.org The org gives it trust
HealthNest.com Your health, your home
SpecialTattoo.com Not just barbed wire
EM8.com Top tier LLN.com with an 8 and only at $2
MegaBrain.net Net is hard to sell but $8 might make it worth a flyer for $14
Namepros
Atom Portfolio for sale of 32 names
CDDN.com, DSNA.com, ADKC.com and a few great LLLL.coms for sale
Vorj.com Pronounceable. BIN at $500. Going once called @ $245
AVVA.net Sellers says its rare and spends way too much time explaining to domain investors why its good but I like it
GYIY.com Nobody wants to open the bid at $205
Godaddy Names with Bids
BitFaucet.com This used to be a thing. Could get a few bitcoin at the BitFaucet for free for doing a small task
12299.com For the Chinese buyers
StockTech.com Analysis or sector
Combustion.net Only taken in 67 extensions so price needs to stay below a few hundred dollars to risk the capital
OnLease.com Memorable apartment finder but again, don’t love
VibeBuilders.com Showcase the products being made
Thonk.com I’d take this over most of the names on the list today
DXGU.com Only taken in 4 extensions but I’d take it for $200
PeptidesPodcast.com Going to be thousands of these over the next decade
W-P.com More rare than a 3L.com
MarshallLaw.com Will go to a lawyer with the last name of Marshall, not a site about locking down society
Tefra.com Another nice 5L
MichiganFishing.com Tour guides
SupernovaPeptides.com Add to your peptides portfolio
GoDaddy Names Value Names (Low or No Bids)
The Rest of the Godaddy Names with Bids
374.cc
47198.com
5586.vip
5669.vip
8286.vip
85562.com
AsiaIndex.com
b-fit.com
BasementLighting.com
ByByte.com
ChairmanMom.com
cmeinc.com
duhks.com
FanPower.io
floverse.com
freedomhealthcbd.com
GoldenTrader.com
golfwetlands.com
gypsyblurestaurant.com
iderapharma.com
lasvegasattorneys.com
lizphairofficial.com
loja.net
MortgageAndRefinance.com
omgfunds.com
oybz.com
PesticideCollaboration.org
PinkPixel.com
rupeez.com
safecbdgummies.com
SafeMarkets.com
SignSource.com
SiteChoice.com
sportsest.com
StarLuna.com
TankAmerica.com
TropicalMind.com
TurnupForRecovery.org
TwitMusic.com
uhyy.com
vencedor.com
WayBit.com
xqintelligence.com
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