Life update: I’ve decided to move to
The Bahamas full time
It’s unfortunate its reputation has been hurt by SBF and FTX, but this is the best place anyone could be to maximize their chance of building a unicorn
It’ll be a bigger tech hub than SF or NYC within 10 yrs
US Bank has corrected its 10-K to disclose that the "fair value" of its tangible common equity is ~$1.6bn (not $64.6bn). This is ~0.2% of its ~$632bn of tangible assets (at "fair value"). As a result, the common equity is leveraged an astounding ~388x
https://t.co/6E1NOe0FE8