These terms govern your use of jointhelongrun.com (the "site") and enrollment in The Long Run (the "course"), operated from California, United States by its founder ("we," "us"). By using the site, applying, or enrolling, you agree to them. They are written in plain English on purpose; the plain meaning is the intended one.
The course
The Long Run is a live, online educational course on personal finance and philosophy for adults ages 18 to 22. Sessions are held live on Zoom on a published schedule. Class size is limited. The course includes live sessions, materials, and at-home exercises; it does not include individualized financial planning or one-on-one investment guidance.
We may make reasonable adjustments to the schedule or curriculum, and may occasionally reschedule a session with notice. Events beyond our reasonable control (illness, outages, disasters) may force us to reschedule sessions; we will always make missed material up. If we cancel a cohort before it ends, or change the program so substantially that it is no longer what a student enrolled in, the student receives a full refund of tuition paid. That is the deal in the direction buyers actually worry about with a small program, so it is written down.
Eligibility
Students must be at least 18 years old at the start of their cohort. The student is the participant and the person who agrees to these terms, even when a parent or guardian pays tuition on their behalf. The course is offered to residents of the United States.
Admission
Admission is by application and conversation. We review applications as they arrive and may accept or decline any application at our discretion; a submitted application is not an enrollment and creates no obligation on either side. Application answers must be the applicant's own honest work. Submitting an application costs nothing.
Tuition, payment, and deposits
Tuition is the amount stated on the site at the time a seat is offered. Payment instructions accompany an offer of admission; a seat is held once payment (or a first installment, where an installment plan is offered) is received. If we request a deposit with an offer of admission, the deposit is applied to tuition and is fully refundable until Session Zero.
Where an installment plan is offered, it is a payment schedule for the full tuition, not a subscription; withdrawing mid-course does not cancel remaining installments except as the refund terms below provide. Payments are processed by a third-party payment processor; we never see or store card or bank numbers. If a payment fails, we will tell you and work it out like adults before anything else happens. If you believe a charge is wrong, contact us before disputing it with your bank; we resolve billing mistakes quickly.
Refunds and the money-back guarantee
Before Session Zero: withdraw for any reason and we refund everything you have paid, in full.
After the course begins, our guarantee applies instead: if a student attends every session, completes the course, and tells us within 14 days of the final session that it was not worth the tuition, we will refund the tuition in full. The guarantee asks for full attendance because the course only works if you are in the room; missing sessions voids it. Other than the guarantee, tuition is not refundable once the class begins.
The guarantee promises a refund. It does not promise a financial outcome, and nothing in these terms or on the site does.
Refunds are returned by the method used to pay, normally within ten business days.
Education, not advice
This section matters more than any other, so it is the long one.
The course, the site, the Field Notes, the playbook, and all materials are educational and general. They are not financial, investment, tax, legal, or accounting advice, and they are not individualized recommendations of any kind. We are not a registered investment adviser, broker-dealer, financial planner, accountant, or law firm, and neither taking the course nor reading the site creates an advisory, fiduciary, or client relationship with us. Nothing we publish or say in session is a recommendation to buy, sell, or hold any security or other investment, and none of it should be relied on for transacting in securities.
Charts, tables, and worked examples on the site and in the course (including compounding illustrations) are arithmetic illustrations built on stated assumptions. They are not projections, forecasts, or guarantees. Markets go down as well as up; past performance does not guarantee future results. Tax rules, contribution limits, and interest rates change every year, and any figure we cite may be out of date by the time you read it.
We teach how these things work. Decisions about your money are yours, made at your own risk, and we are not responsible for the outcomes of decisions you make. For advice about your specific situation, consult a qualified professional who owes you duties we do not: a registered investment adviser, a CPA, or an attorney.
We promise no financial results, no savings, no returns, and no outcomes of any kind. Anyone who promises you those things is selling something else.
Recordings
Sessions are recorded. Recordings serve three purposes: students who miss a moment can revisit it, we use them to improve the course, and we may use excerpts publicly to show what the course is actually like. By enrolling, students consent to being recorded on video and audio, including their name, likeness, voice, and chat contributions.
Two limits on that consent, honored without argument: a student may attend any session camera-off, and a student may tell us in writing at any time to exclude their likeness from public marketing uses, which we will honor for all uses going forward. Cohort recordings are shared only with that cohort and are not sold.
Students may not record, screenshot, re-stream, or redistribute sessions or other students' contributions. What is said by students in the room stays in the room.
Conduct
The course is a small live room and depends on it staying a good one. Cameras on (except as noted above), come prepared, argue about ideas and not people. We may remove a student who is abusive or harassing, persistently disruptive, shares other students' personal information or recordings, or submits application answers that turn out not to be their own. Removal for these reasons does not entitle a refund. If a student is removed for any other reason, unused tuition is refunded pro rata.
Materials and intellectual property
Course materials, checklists, the playbook, recordings, the site, and the marks "The Long Run" and the meander are ours or licensed to us. Enrolled students receive a personal, non-transferable license to use course materials for their own learning, which is the point of the course, and that license does not expire when the course ends. No one may resell, republish, redistribute, or teach from our materials without written permission.
Students own what they make in the course: their written answers, their plans, their Showcase work. We showcase or quote a student's work publicly only with that student's permission.
If you send us ideas, suggestions, or feedback about the course, we may use them without obligation or compensation; please do not send anything you consider confidential. If you believe something on the site infringes your copyright, email us with the details and we will address it promptly.
Using the site
The site is for reading, applying, and signing up for the playbook. You may not probe, scan, or test its security, scrape it at scale, interfere with its operation, or use it to send spam or anything unlawful. We may limit or block access to the site by anyone who does. The site and our emails link to third-party sites; we are not responsible for their content or practices, and visiting them is your choice.
Text messages
We do not currently run a text-message program. If we launch one and you opt in, these terms will apply: you consent to receive recurring texts from us at the number you provide, with frequency varying; consent to texts is never a condition of applying or enrolling; message and data rates may apply and are charged by your carrier; carriers are not liable for delayed or undelivered messages; reply STOP to any message to opt out (one confirmation text follows) and HELP for help. Opting out of texts does not affect your email preferences or your enrollment.
Community spaces
If we provide a community space for a cohort (a group chat or forum), it is part of the course room: the conduct rules above apply there, and what students share there stays there. Students own what they post; we take only the license needed to host and display it within the space, and we may remove content or access to keep the room a good one. If we ever run a public space, like published reviews, it will say clearly that it is public.
Testimonials
Testimonials on the site are the real words of real people, used with permission, sometimes shortened but never rewritten. They describe individual experiences, are not typical-result claims, and are not promises of what any other student will experience. No testimonial on the site was paid for.
Disclaimers and limits on liability
The site and course are provided as-is and as-available. To the fullest extent permitted by law, we disclaim implied warranties, including merchantability, fitness for a particular purpose, and non-infringement; we do not warrant that the site will be uninterrupted or error-free; and we are not liable for indirect, incidental, special, or consequential damages, or for lost profits or lost savings, arising from the site or the course.
To the fullest extent permitted by law, our total liability for all claims relating to the site or the course is limited to the tuition actually paid to us by or for the student in the twelve months before the claim arose. Nothing in these terms limits liability that cannot lawfully be limited.
Your responsibility to us
You agree to be responsible for claims that arise from your own violation of these terms, your misuse of the site or materials, or your infringement of someone else's rights, and to reimburse our reasonable costs of dealing with such claims.
Disputes
If something goes wrong, write to us first. We commit to a good-faith attempt to resolve any dispute informally within 30 days of hearing from you, and most things should end there. Any dispute that does not is governed by California law and belongs in small claims court where it qualifies, or otherwise in the state or federal courts located in California. Each side bears its own costs unless a court says otherwise.
General terms
These terms plus the Privacy Policy are the entire agreement about the site and course, and they replace anything said earlier. If part of these terms is found unenforceable, the rest still stands. Not enforcing a term once does not waive it. You may not assign your enrollment to someone else without our written consent; a seat is admitted, not transferable. You agree that we may send notices about these terms, your application, or your enrollment by email, and that agreements made electronically count as writings. Sections that by their nature outlast the course, including the advice disclaimers, liability limits, intellectual property, and disputes sections, survive its completion.
Changes and contact
We may update these terms; the version on this page governs from its posted date, and enrolled students will be notified of material changes by email. Disputes are governed by the version in effect when the events happened. Questions: amit@jointhelongrun.com.