pessimist bc of game theory + optimist bc of collective intelligence
Joined October 2011
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I've realized why the ending of The Odyssey has struck such a personal note: it captured in cinematic language the complex feelings of regret I have about how prediction markets Trojan-horsed gambling into every aspect of society
Lorenzo Barberis Canonico retweeted
Lots of people talk about cloning von Neumann, but more should talk about cloning Ramanujan.
He came from a horrible environment and spent ~80% of his life in it, yet he was so brilliant that his random notebook discovered a half-century after he died contained novel insights.
Lorenzo Barberis Canonico retweeted
The fastest way to get good at something is to do it a lot while carefully fixing your mistakes. This should be obvious but many people downplay the importance of a massive volume of action-feedback-adjustment cycles.
Lorenzo Barberis Canonico retweeted
There are a number of big businesses where most folks don’t understand the model for making much of the money, eg ads on Instacart, or FX on Deel. Being creative about where the value capture is (vs just translation take rate, per-seat pricing) can be game changing
Payday Loans and Title Loans don't quire a credit check therefore they don't have to reported. The lack of a credit check appeals to low-credit/sub-prime consumers because the marketing signals acceptance installmt.substack.com/p/pay…
We talked about @parkerconrad and his theory about the Compound Startup, and how it especially applies to fintech businesses like @installmt
youtube.com/watch?v=dJ3DT_7j…
Blue cig failed to take off bc they made the same mistakes alcohol companies make with non-alcoholic beverages I.E. people trying to quit don't even want the temptation of a product that mimics the regular experience
Just published my latest interview with @mooda_fi about his journey from UPenn, Anheuser-Busch, Juul to his own startup @installmt
🧵🧵🧵 Here were some of my top takeaways 🧵🧵🧵
open.spotify.com/episode/7L0…
Lucy is the latest evolution of the revolution ushered in by Juul: a nicotine product advertised not to smokers trying to quit but rather to regular consumers looking for an edge lucy.co/pages/why-lucy#
Silicon Valley (ex. Peter Thiel) is recently adopting the use of nicotine as a nootropic bc some research suggests it boosts IQ.
Nicotine by itself appears to be low-risk, with most of the harm coming from cigarettes as opposed to the nicotine itself gwern.net/nicotine
PE sacrifices future cashflow in order to extract it in the present vs. Buffet prefers re-investment into the business so that its value can compound over the long-term
Warren Buffet dropping out of UPenn to go to U of Nebraska foreshadows him leaving NYC to go back to Omaha
Jefferson's UVA was predicated upon turning the talented tenth into a new meritocracy, whereas Franklin's UPenn was predicated upon improving the average tradesman.
This distinction shaped the trajectory of each university to this day
Shoutout to fellow Clemson alumn @nolimits on “The Social Radars”! Go Tigers! open.spotify.com/episode/6Ix…
I'm interviewing Sumanth Kaja (MD) is about Medicine 3.0 callin.com/live/swarm-29-med…