Clement Wan

lazy crossfitter craving McDonald's and geeking out at the intersection of ecom, finance, and authoritative content while trying to figure out this app

[Beff (e/acc) @beffjezos]

Capitalism was the real AGI all along

[Clement Wan @ClementSWWan]

@lorenzo_pravata Shower

[Clement Wan @ClementSWWan]

@spect3ral Clay

[Clement Wan @ClementSWWan]

@JerimiahLee @shawngorham When I first started doing zone two, little old ladies would breeze past me walking. Got a polar strap with coaching feature and it would tell me to slow down as these old and crippled people would breeze past me! Now that’s the most difficult part of zone 2.

[Clement Wan @ClementSWWan]

@Kortirionandon @AcousticEffort If you believe the graph to be accurate then it’s not “quite regressive” as you originally claimed. Second you’re right it doesn’t measure wealth, we don’t tax unrealized capital gains, we don’t issue credits based on unrealized losses but none of these are the original claim.

[Clement Wan @ClementSWWan]

Amazing. This is an "economist" who "spent sixteen years at the International Monetary Fund" and is listed on the faculty of Fordham University's Business School. But he can't read a graph. That *he* posted.

What does this say about the IMF, Fordham and whereever he got his economics degree?

[Tony Annett @tonyannett]

Debunking Bezos’s nonsense that the rich pay most of the taxes. (He’s only talking about a narrow slice, the federal income tax). And these days are from 2019 - the rich even less today thanks to Trump.

[Clement Wan @ClementSWWan]

@Kortirionandon @AcousticEffort Only if the graph posted is inaccurate. It claims “total taxes”. For highest earners, it shows % total taxes > % income so it’s progressive.

[Clement Wan @ClementSWWan]

Inaccurate. First, you can claim whatever the you want. He originally claims that *federal taxes* make up only a portion of overall. That’s the reasonable interpretation of why he posted a graph showing total taxes that includes federal taxes.

The problem is he didn’t understand that it proved Bezos’ argument.

As for your second graph Wow. Are you actually arguing that the true tax rate is truly 0.10 percent and that 23.7 million in taxes paid by Buffett isn’t disproportionate to the amounts poorer Americans paid as a percent of total taxes? And you want everyone to be taxed based on unrealized gains? Good luck with that.

[Clement Wan @ClementSWWan]

@Tokayo_TV Literally the opposite. He says that federal income taxes are only a narrow slice of taxes. Then he posts a graph showing % of *total* taxes paid based on income. Which shows the opposite of his claim.

[Clement Wan @ClementSWWan]

@Tokayo_TV @JosephJos3942 You still haven’t explained why he posted the graph if that’s his argument but at this point it seems you’re both just not good at math. And given that Warren Buffett’s earnings are mostly in taxable dividends, I’m sure he still pays a disproportionate amount in taxes.

[Clement Wan @ClementSWWan]

@Tokayo_TV @JosephJos3942 So we’re supposed to assume his claim/argument is true even though it has nothing to do with the evidence he presented?

To clarify - do you recognize the graph he is showing shows high income earners pay disproportionately more in taxes than everyone else?

[Clement Wan @ClementSWWan]

@Tokayo_TV … so again, why is he posting a graph that shows the exact opposite of what he’s attempting to claim (which shows the highest income earners pay the vast majority of taxes)? please make it make sense.

[Clement Wan @ClementSWWan]

@AcousticEffort Yes.

[Clement Wan @ClementSWWan]

@Tokayo_TV ... then why didn't he post a graph that would prove his point and not the opposite? please make it make sense.

[Clement Wan @ClementSWWan]

True if you confuse / assume capex for opex.

[Yoshik @AskYoshik]

The AI bubble math doesn't add up.

Anthropic spends $3 to make $1 and that’s before you include any and all other costs like staff or electricity.

Microsoft dumped $300B in capex, made ~$18B in AI revenue. OpenAI and Anthropic alone make up 43-54% of Microsoft, Google, Amazon and Oracle's entire revenue backlogs.

Enterprises are burning through annual AI budgets in 4 months with zero measurable ROI.

This is the most expensive science experiment in history, funded by your SaaS subscriptions.

[Clement Wan @ClementSWWan]

@Robin_ecomm Keyword

[Nick Gillespie @nickgillespie]

Over at Substack, @JoshEakle asks: "It's 2026, and I have yet to see an anti-almond farm protest."

[Clement Wan @ClementSWWan]

@codyschneider Fbmanager

[Clement Wan @ClementSWWan]

@BradDunkley But is concentration of value growth evidence that it is the result of “partnership with government?” rather than say capital intensive industrial change that’s so far been technologically limited (especially if this is the prelude for much wider productivity gains)?

[Clement Wan @ClementSWWan]

@Robin_ecomm Pmax