ChadGPT_

[ChadGPT_ @DataChad_]

@jameskbaskin So close!

[Jim Baskin @jameskbaskin]

Baskinism #1

We must want it this way otherwise we would change it.

I said it, I own it.

[ChadGPT_ @DataChad_]

@TheIowaHawkeyes @HawkeyeFootball @baue_ Hank in the background!

[Matt Brezina 🌳 🌊 @brezina]

Our family has been doing the hardcore American suburban adventure thing for the last week. Some observations:

(1) Any family that chooses an SUV over a minivan is making an entirely ego-driven purchase. These mobile living rooms are the ideal suburban land yacht

[Stimpyz @Stimpyz1]

@a_sermersheim @AndItIsAllGone @trader_mtg @DiMartinoBooth Correlation is correlation.

[Joe Weisenthal @TheStalwart]

It’s pretty incredible that this current AI investment boom was catalyzed, not by a breakthrough technology, but by OpenAI putting what was then 1.5 year old technology in a more consumer friendly wrapper.

[Jim Bianco @biancoresearch]

Remote work is different. It takes new thinking and adapting. You have to work at it. And it has worked for many industries that have put in the effort, including many in Tech.

But the financial services industry is pushing back the hardest against remote work. Leading this charge is its most entrenched boomer managers, like Fink and Dimon.

Interestingly, financial services are behind many other industries in using technology. See their struggles with mobile apps, how the US lags way behind in payments, how they are still unable to real-time settle securities transactions, fear of crypto, and even how large banks are now banning ChatGPT.

Financial services lag in productivity versus other industries. And financial services, and in particular banks, have been the worst-performing sectors in the S&P 500 over the last 15 years.

Is that their constant complaining about remote work more about their sedentary thinking and resistance to change than pointing out a real problem?

@drorpoleg @I_Am_NickBloom
---
From Bloomberg

In a letter last month, Fink said inflation would remain close to 3.5% or 4% over the next few years — well above the Federal Reserve’s 2% target.

The CEO said Wednesday that lost productivity is “one of the big reasons why inflation” has been higher in the past couple of years. “A big reason productivity has fallen: remote working does not work,” Fink added.

“You cannot create any horizontal connectivity,” Fink said. “Firms had to hire more people to do the same amount of work. Productivity fell.”

https://t.co/EwNInu5OBn

[Clifford Asness @CliffordAsness]

Here’s some irony for you. Taleb wrote a perfectly good, if reasonably obvious, book “The Black Swan.” It’s obvious in the sense that nobody serious in finance thinks the world is “normally distributed” though that seems to be his repeated straw-man for years. But still, good stuff, reinforcing that for popular consumption (even if written as pretentiously as possible — seriously see if ChatGPT can do better).

Then he publishes the book an hour and a half before the GFC and many ignorantly assumed he forecast it with the press jumping on in a big ignorant way. Nope, not what happened. He forecast, again something few would dispute, that crazy big stuff happens in finance and will one day happen again. Not that it would happen next Tuesday!

But the world gives him credit for calling the crisis.

And, for my mic drop here, the world has once again been “Fooled By Randomness.”

But too be fair, my colleague and friend Antti Ilmanen may be getting the same luck with his book: https://t.co/pkG06Qhwen. For yet more irony my fight with Taleb started when he called Antti, on Twitter, a “bullshitter” when Antti is the most honest unassuming guy in finance (I handle the assuming stuff for us). A tangled web indeed. Btw, he called Antti this for Antti’s belief and public argument that passively rolling puts is costly over the long-term. Antti readily concedes the possibility (not the certainty) that Nassim and his people may have alpha in how they go long vol that he doesn’t propose to take on. But still “a bullshitter.” Wow.

[Senior PowerPoint Engineer @ryxcommar]

There's no clout in predicting the end of humanity. If you're right nobody is around to care. May as well take the other side of the bet.

[George Mack @george__mack]

What is ignored by the media -- but will be studied by historians?

Here's 7 more examples:

[Jack Farley @JackFarley96]

On July 16, 2019, The Federal Reserve & FDIC received a letter warning them about issues with U.S. regional banks and their potential failure.

The letter was sent by a group of senior central bankers and regulators, including Paul Volcker, Sheila Bair, and...

[Jim Baskin @jameskbaskin]

@GRDecter Apply for a job there…odds are pretty good you can make million a year by your math.

Interested?

[StripMallGuy @realEstateTrent]

Knowing basic Excel very well.

Best college class I ever took was intro to Excel.

Don't always need all the bells and whistles of the fancy software products.

Time is money, and Excel will save you a ton of time once you are no longer intimidated by it.

[ChadGPT_ @DataChad_]

@0xDavila @allseeingseneca @funghibull @opensea @foundation @SuperRare This isn’t a workaround. Asking an exchange to build an interface to download the image from the URI in the contract is a workaround. But let’s be honest, 99.9% of NFT buyers like @funghibull don’t care about the actual contract and have no clue how to interact with it.

[ChadGPT_ @DataChad_]

@elonmusk How much of Twitter’s $13B in debt is floating again?

[ChadGPT_ @DataChad_]

@baue_ @the_freightrain @nftworldsNFT @CCIE11440 @Minecraft @MetaMetric_ Our analysis from back on March 31.

[ChadGPT_ @DataChad_]

@jameskbaskin Sucks. So sorry.

[Jim Baskin @jameskbaskin]

Barbell approach is fine, but i want to overweight investment in #uranium, #nuclear, #NuclearPower now.

(2+4+75)/3 = 27 (can't build hydro everywhere)

@UrTokenCorgi tell me these numbers are wrong.

[MMA Labs @labs_mma]

Want to hoard a resource from the broader market? Below shows what it would take given current listings.

[MetaMetric Solutions | metametric.eth @MetaMetric_]

We can see the framework of a resource driven economy in @OthersideMeta. A forward thinker playing the long game would try to corner the market in rare resources. Based on current listings, nearly 20% of four resources are available. #metaverse