A Bassi

[Boring_Business @BoringBiz_]

Beyond a certain age, a man still believing in discounted cash flows can be a very bad thing

[Bags @0xbags]

“I did not say I was a good trader. I said I made a good trade once”

[Polymarket @Polymarket]

NEW: U.S. accounting board to review whether its rulebook needs changes if the SEC shifts to semiannual reporting.

[Matt Ridley @mattwridley]

Great catch

[Roman Helmet Guy @romanhelmetguy]

The word “intelligence” has thrown a lot of people off when reasoning about AI. Intelligence should probably be defined as “how many examples does it take for you to recognize a pattern.” That’s roughly what humans mean when they call someone intelligent: great pattern recognition, an ability to abstract. That’s in contrast to knowledge, which is how many examples you’ve seen and can remember. Which itself is in contrast to speed of thought, which is how fast you can churn through the examples you’ve seen and the patterns you’ve already deduced in order to come up with new patterns. AI models haven’t really pushed the boundary of “intelligence” upwards, and in fact I’d guess that the smartest humans are basically already optimal in regard to sample efficiency for pattern detection. There’s certainly a hard ceiling on that number. What AI models *have* done is 100000x the boundaries on knowledge and speed of thought. Which is way way more important at the end of the day. You’ll be much less surprised by the future if you keep these distinctions in mind.

[Andrew Isker 🌳🪓 @BonifaceOption]

“You knew the first trillionaire?”

“I didn’t say I knew him. I said he replied ‘Wow!’ on my post once.”

[Rick Ferri, CFA @Rick_Ferri]

Why is it that active management critics of index investing who write papers that point to a recent increase in correlations of stocks returns in the S&P 500 by cap weight never use an equal weight total US stock market index as a proxy? https://t.co/2ZuAcBtkzW

[The Rest Is History @TheRestHistory]

📢CALLING OXFORD📢
#RIHLive
Do you have a historical question for Tom and Dominic? They'll be onstage tonight at New Theatre Oxford, and will be answering your questions in the 2nd half. Send us your questions by replying to this post, or tweet them using the hashtag #RIHLive

[Evan @StockMKTNewz]

Apple $AAPL just announced the ability to bold, underline, and italicize text in Messages - The Verge

[A Bassi @A_SBassi]

@LondonBaggies Haven’t won a game since he joined

[Premier League @premierleague]

Love long-range goals? Then prepare to be mesmerised by Chris Brunt's strike

#GoalOfTheDay

[The F2 @TheF2]

That legendary touch by Zidane 😅 Happy Birthday Zizou 🙌🏼

[D Attenborough @Attenboroughs_D]

Karma's a bitch.

[Gary Lineker @GaryLineker]

Fox News latest: Theresa May wants them chased by folk on horses in fancy dress and ripped apart by a pack of dogs. Tally ho.

[Rory Smith @RorySmith]

So the brave, plucky warriors of West Brom stand between the Chelsea hordes and the title. Friday: the Battle of ThermoPulis.

[Matt @Matt_Walker96]

I'm not an expert on stewarding but I don't think that's very effective

[JOE @JOE_co_uk]

Everyone is mocking them, but to be fair to Arsenal, Gareth McAuley is very dangerous from corners.

[Soccer AM @SoccerAM]

"IT'S HIT WITH NO REGARD FOR HUMANITY!"

The drama American commentators bring 😂😂

[Football Tips @footballtips]

The greatest comeback in football history?

Not quite, Barcelona. Not quite.

[The F2 @TheF2]

This goal is 15years old 😱