Brandon Kim
@bdk0865
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The story of Druckenmiller avoiding his first ever losing year is remarkable. He's -18% on the year heading into Q4. Says, "I'm quitting. I need a break. I'm exhausted." Goes to Africa. Doesn't look at screens, stocks, or newspapers. Comes back. Makes 40% in Q4. 🐐
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@MeyerLabin "Words are literally violence", but, simultaneously, literal violence is just a part of an abstract dialectic on oppression and colonization, when used by those we deem oppressed, and must never be discussed on the object level.
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This is why I say building new infrastructure is now illegal. It doesn't matter how much money we pour into things like this, they simply will not come to be.
Another major infrastructure project is abandoned after ballooning costs — in part due to legal challenges. The groups suing to block the project claimed that the environmental review must have been incomplete because it was finished in 2 years rather than the typical 4+ years🤦🏻♂️
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The Soviets had a term for this: left-deviationism. That is, it *was* possible to go too far left in the USSR. Revolution was good, then suddenly bad, once power had been consolidated. And we too have a term for it: woke. Chaos is less useful now that power is consolidated.
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1/ On Taxis Or how the world is centralizing all around you, but why you, fellow citizen, have probably not thought about it at all. (NYC, 2007 below)
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the fact that most people are inherently authoritarian and like authoritarianism is probably the hardest pill for libertarians to swallow, but simultaneously the most important
"Libertarians used to say if the government ever [became] really tyrannical then people would become libertarian, but we just saw the government be more tyrannical ever and most people liked it." - Jeremy Kauffman #clipFSL
@FreeStateNH
https://t.co/TypNYWjpoH
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Here's what Howard thinks will happen with inflation and rates over the next few years. Basically.. it's going to take extended aggressive policy from the fed to keep inflation in check. The fed has no reason to lower rates anytime soon (still historically low)
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SBF donating $40m to not go to jail for stealing $10b+ is one of the highest ROI trades of all time
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SBF hired former CFTC commissioners Mark Wetjen and Jill Sommers, ‘lobbied’ current ones like Caroline Pham, gave big $ to Dem Senators on Ag Committee (CFTC oversight), all to set up a crypto regulatory regime that would create a deep moat around FTX. Burn. It. The. Fuck. Down.
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Paul Graham on why ambitious people need to be around other ambitious people:
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if you are a healthcare startup and you're depending on a healthcare insurer to get your product into patient's hands because they have distribution and touchpoints with the patient, you are fucked
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Apple was able to basically destroy Facebook with a wave of its hand. It's a true ad platform monopoly. But the ghost of Steve Jobs is more charismatic than Zuck, and people give Apple a pass because they think it makes real stuff.
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How to become #1 in tech? 1) Pro-STEM education, not “math is white supremacy” 2) Pro-tech culture, not “lol techbro” 3) Pro-skilled immigration, not visa delays 4) Pro-wealth creation, not “abolish billionaires” 5) Pro-civilization, not San Francisco Building, not banning.
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Social scientists conjure opinionated models, journalists anoint them experts, politicians carry out their orders. The middle managers of society, exercising power without merit. True expertise is a rare product of obsession and objectivity. Nature has no lanes.
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The Twitter open letter is beyond parody. They DEMAND that Elon not fire *anybody* and that he “explicitly commit to preserve” remote work So, their opening offer is: you can’t fire us, but you can’t make us work, either.
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