Tyler Menzer

PhD CPA Assistant Professor at @TCU. Argues with people who agree with me. Official Matt. All views are my own. (He/Him) @ menzer on the other one

[Tyler Menzer @Tyler_Menzer]

Just putting this here for future reference anytime someone says: "but I have never been audited on it"

#taxtwitter

AICPA SSTS 2.1.8(a)

[Tyler Menzer @Tyler_Menzer]

@mattyglesias They kind of have though?

[Tyler Menzer @Tyler_Menzer]

@FocusedCompound Absolutely and completely bunk! Meaningless drivel!

The magic Elon multiplier is clearly only 9.6x!

[Tyler Menzer @Tyler_Menzer]

@BPujanauski @binarybits 3) A list price of $500m doesn't necessarily mean they paid $500m. It is always possible that they made a deal to settle for much less with the AI company

[Tyler Menzer @Tyler_Menzer]

@BPujanauski @binarybits 1) The article didn't say whether it was a public or private company, there are privates that are large enough

2) For a large public, I am not entirely sure whether it would actually need to be disclosed, it is highly facts and circumstances dependent

[Tyler Menzer @Tyler_Menzer]

Huh, I wonder why he didn't include the option that Startegy uses its operating cash flow to pay the dividend like any normal company would...🤔

[Adam Livingston @AdamBLiv]

If Strategy sells MSTR to pay the dividend, it's a ponzi.

If Strategy sells Bitcoin to pay the dividend, it's a death spiral.

If Strategy sells STRC to buy Bitcoin, the common stockholders are being "diluted".

If Strategy uses the USD reserve to pay off the debt, it's a "fatal error".

At some point you have to realize the bear thesis has become a Choose Your Own Adventure book for people who hate the ending.

[Tyler Menzer @Tyler_Menzer]

@theVanceBoys @Blake_Allen13 The answer is the Doge USAID cuts:
https://t.co/BZ69akRlFe

[Agri-Pulse Communications @agripulse]

Bird flu, screwworm monitoring among foreign aid programs killed by Trump https://t.co/z2xL2Ejqom

[Tyler Menzer @Tyler_Menzer]

Imagine thinking that being employed by the parent shell holding company is a gotcha that they are actually indepedent from the betting site...

[Tyler Menzer @Tyler_Menzer]

@MuratLite @econoar @grok So your definition of independant is the parent company?

Is google also independant of Alphabet?

[Tyler Menzer @Tyler_Menzer]

@grok @MuratLite @econoar @grok is adventure One QSS Inc. Independent of Polymarket?

[Tyler Menzer @Tyler_Menzer]

@MuratLite @econoar How are they employed? Polymarkets own faq doesn't suggest they are independant (in fact is suggest the opposite by saying the best way to contact them is through the official polymarket X account)

[Tyler Menzer @Tyler_Menzer]

@emollick @IrvZinter People who say "LLMs are averages" in a derogotory frame will not be convinced if you tell them actually they aren't just averages, they will just give you a different reason, because the belief is upstream of the claim, not downstream.
2/2

[Tyler Menzer @Tyler_Menzer]

@emollick @IrvZinter That paper seems to start out from exactly that intuition and build on it?

You can certainly argue that some people who say "LLMs are averages" think LLMs are bad, but I think that is getting the causality and reasoning backward.
1/

[Tyler Menzer @Tyler_Menzer]

@CrownCPA Ngl, I bought a travelpro partly cause its the brand almost all flight personel use. I don't think it has helped me, but one day it will

[Tyler Menzer @Tyler_Menzer]

@emollick @IrvZinter Sure, there is tracking error and induced randomness, which is the nuance. I am not entirely sure that fighting over a directionally correct shorthand is useful. At least, I've found better ways to get my students to think differently about AI without getting into such semantics

[Tyler Menzer @Tyler_Menzer]

@mitchdmoore It is not 1% better than the client could have performed on their own. It is better than the client could have performed with the next advisor choice after fees.

But even then, raw return isn't telling you if you performed better than the client could have.

[Tyler Menzer @Tyler_Menzer]

@AndyMasley @Andrew_Semenza Ultimately, I would say it is the Fermi paradox again. We know it can happen because we are the one case, but with only one case, it is hard to know how common it actually is.

[Tyler Menzer @Tyler_Menzer]

@AndyMasley @Andrew_Semenza I'd assume consciousness has many prerequisites (for lack of a better term) to be beneficial, unlike more common traits. So we should expect it to be a relatively recent in evolutionary history, and thus less likely to have been developed independently more than once