Timothy

The Psychology of Human Misjudgment

There are no solutions, only tradeoffs

Information without context is falsely empowering

[Timothy @TimothyBuffett]

$MU and all memory has a while to go.....

[J.P. Morgan @jpmorgan]

Live from our global headquarters: Jamie Dimon and Elon Musk discuss SpaceX and more. https://t.co/WQfJ3j8atX

[J.P. Morgan @jpmorgan]

Live from our global headquarters: Jamie Dimon and Elon Musk discuss SpaceX and more. https://t.co/WQfJ3j8atX

[Bitcoin Teddy @Bitcoin_Teddy]

MARC ANDREESSEN: "We had meetings with the Biden admin where they told us to not even start AI companies because there's no way they'll let them succeed."

JOE ROGAN: "What do you do after a meeting like that?"

MARC ANDREESSEN: "You go endorse Donald Trump."

LMAO

[Timothy @TimothyBuffett]

@EquityBrian Hmmm sounds like someone is talking their book lol

[Timothy @TimothyBuffett]

@TidefallCapital @dbull888 @ariaradnia Yet it is quite valuable and always has been...

[Timothy @TimothyBuffett]

@TidefallCapital @ariaradnia Many ways to look at it.

21 million divided by the total market cap of gold is an easy start.

Then ask if it worth more or less in a world of infinite money printing... etc etc

When I first bought BTC in 2015 I underwrote at least a half million per coin.

[Timothy @TimothyBuffett]

@CapitalObserver Yet, none of them saw the price rising like it did.... Wake up Tsachy! These guys don't know anything more than anyone else.

[Timothy @TimothyBuffett]

@datarade Not the IPO, but I will 100% be buying the company at the right price and im pretty sure ill get it

[Timothy @TimothyBuffett]

@mathlonning Go to Texas or Florida.

[Black Edge @BlackEdgeFund]

Bill Gates on what Warren Buffett's calendar taught him about time:

Bill Gates built his career packing every minute.

As he recalls it: "I had every minute packed and I thought that was the only way you could do things." Then Buffett showed him his calendar, and it changed how Gates thought about time entirely.

Buffett's calendar looked nothing like that.

Whole days sat blank.

Flipping through it, Gates notes: "he has days that there's nothing on." One stretch was almost comically empty. As Gates describes it: "this is the week of April of which there are only three entries for a week." One of those rare entries was simply to file tax, prompting Buffett to joke, "Yeah, there'll be four maybe by April."

Asked what the lesson was, Buffett explains:

"that you control your time and that sitting and thinking may be a much higher priority than a normal CEO who, you know, there's all this demand and you feel like you need to go and see all these people. It's not a proxy of your seriousness that you filled every minute in your schedule."

Then he gets to the part that reframes time as the scarcest asset of all:

"And people are going to want your time. It's the only thing you can't buy. I mean, I can buy anything I want basically, but I can't buy time."

He closes with this:

"And so to have time is the most precious thing you can have. I better be careful with it. There's no way I will be able to buy more time."

[Timothy @TimothyBuffett]

@ariaradnia to be fair, I remember ppl saying the same thing to me when I bought it around 10-20 a share back in 2020 and 2022

[Brad @BradleyKellard]

Elon Musk: "America cannot win on the human front. China has 4x our population and higher work ethic"

"It's not just that there's four times the population, but the amount of work that people put in is higher"

"A pro sports team that's been winning for a very long time tends to get complacent and entitled. That's why they stop winning, because they don't work as hard anymore"

"Frankly, America has been winning for so long that... that's my observation"

"The US birth rate's been below replacement since roughly 1971"

"We're close to more people domestically dying than being born"

"We definitely can't win on the human front"

"But if you start getting to hundreds of millions of units a year of humanoid robots, you're going to be the most competitive country by far"

"we can't win with just humans, because China has four times our population"

"but we might have a shot at the robot front"

[Timothy @TimothyBuffett]

@ZubyMusic In America, being a democrat is highly correlated with this behavior.

[Timothy @TimothyBuffett]

@saylor @TNorth @PunterJeff @AdamBLiv Michael, why not go buy some MSTR on the open market?

[Timothy @TimothyBuffett]

@TidefallCapital @StockJabber I think it is highly connected to the dem party and used for entertainment and influence.

As for Epstein that is a little deeper

[Timothy @TimothyBuffett]

@MichaelKudrna ...@ChrisCamillo

[Reads with Ravi @readswithravi]

“We don't have to be smarter than the rest.

We have to be more disciplined than the rest.”

— Warren Buffett

[Reads with Ravi @readswithravi]

I’m in love with this sentence:

“After getting what you manifested, ask for discipline to keep it and wisdom to multiply it.”

[Timothy @TimothyBuffett]

@GordonJohnson19 BTC is born out of 2008 and the problem is solves is the never ending money printing. It is pretty simple and obvious

[Timothy @TimothyBuffett]

@astridwilde1 The MSM tells them how they should be upset about getting victimized.

They program them to not think and just say certain phrases. It is impossible to not see once seen. (I find this slightly more common on the left because they generally are more emotional)