Engineer

My passion is engineering -- diet, nutrition, software, productivity of any kind.

[Engineer @SpeedTestDemon]

@WadimRosenstein where is the venue? What is the official prize pool allocation among the top finishers? Is the event really happening? Me and my friend cannot book plane tickets or hotels until such details become official.

[Engineer @SpeedTestDemon]

@jasonlk servicenow stock price didnt pop when they reported earnings 1.5 weeks ago.

[Engineer @SpeedTestDemon]

@nnzp1730 @marketjetnews @ektrit no. it's 6.5% cagr. Not *that* much higher than the supposed inflation rate of 3-4%.

2^(1/11) = 6.5%

[Engineer @SpeedTestDemon]

@johnarnold quite possibly has something to do with half of americans having such low savings. And median american reading level 7th-8th grade...........hence inflation quite inversely affects a great proportion of these americans (top 10% unaffected)

[Engineer @SpeedTestDemon]

@asmartbear not entirely -- an important overlooked half of Icarus's story was not to fly too low to the sea else the dampness could make the wings too heavy to flap.

the story is really about golden mean.

[Engineer @SpeedTestDemon]

@Jmanjiro @ErikSTownsend @MacroVoices seconded

[Engineer @SpeedTestDemon]

@foodtwittest @nntaleb @JamesMarsh79 regime change from USD => gold as reserve currency.

[Engineer @SpeedTestDemon]

@iclickbuttons of what?

[Engineer @SpeedTestDemon]

@TalebWisdom Wasn’t this Buffett

[Engineer @SpeedTestDemon]

@thepatwalls this looks like teamblind -- that site is notorious for trolls shitposting about how rich they are.

99.9+% likely this is a shitpost. Please ignore.

[Engineer @SpeedTestDemon]

@tomaspueyo this is correct. In fact it is backed up by several academic studies of a strong correlation, where more retirement benefits ==> lower birth rate.

b/c the main economic incentive for having kids is for them to be your retirement benefit.

studies here: https://t.co/xVePtLHl3s

[Engineer @SpeedTestDemon]

@peterfrankopan @ektrit what old age benefit program in france corresponded with the decline in french fertility rate around 1775? I'm not finding any from the AIs. French revolution?

[Engineer @SpeedTestDemon]

@jimcraddock @thechosenberg What’s the good post about how many people to date before settling down? I’d be highly curious to read it

[Engineer @SpeedTestDemon]

@ektrit tesla+tsmc are a perfect counterexamples to this.

he is correct there is no money in low-margin products

however, there is money to be made in high-value-add manufacturing (i.e. high-margin products).

[Engineer @SpeedTestDemon]

@nnzp1730 @ektrit Factually incorrect. I read the entire Rockefeller bio. The guy played golf avidly in retirement

[Engineer @SpeedTestDemon]

@mitchellh just watched it. Ace Presentation. Insane he got yet another 4x speedup just from eliminating branches and a clever reorganization of the underlying data layout using eytzinger

[Engineer @SpeedTestDemon]

@asmartbear then, we have the answer.

It's still maximizing sales at all stages of company. Diff is what ROIC/ROE you allow.

At $0: even negative ROIC/ROE is fine. Just make sales. Learn.

At more mature stages: start tightening ROIC/ROE. Maybe minimum 20% ROIC/ROE

[Engineer @SpeedTestDemon]

@asmartbear Was reading "How Asia Works" and it's similar -- the main metric new industrial companies are evaluated were based on EXPORTS. It's primary way to know whether those companies had compelling products! And they are just learning, cannot be efficient.

Efficiency comes later!!!!