Ally Warson

Thoughts as a human @Uppartnersvc Formerly: @acme @google

[Sahil Bloom @SahilBloom]

Life advice nobody told you: Talent and intelligence are overrated. Intelligent people are more likely to overthink, overplan, and overanalyze. They hide behind motion that doesn't create progress. They fear the judgment of others if they're proven wrong. The truth is that talent and intelligence are abundant. Courage is not. The people you admire are the ones who had the courage to act. They aren’t more talented than you. They aren’t smarter than you. They just took action when you didn’t. I often wonder how many extraordinary people wasted their entire lives waiting for permission that never came. Permission isn't granted. It's taken. You get to tap yourself in whenever you want. You can just do things.

[Ally Warson @A_Warson]

The future of education is coming!

[Ben Somers @ben_m_somers]

We're probably breaking some child labor laws here...

10yo kid is the lead software engineer for a new AI tool we're building

[Ally Warson @A_Warson]

@EggrolI This is super cool!!

[Figure @Figure_robot]

Figure 01 has learned to make coffee ☕️

End-to-end AI system, trained in 10 hours, just by watching humans make coffee

Our neural networks are taking video in, trajectories out

Join us to ship a fleet of AI robots: https://t.co/7fGEbRbeol

[George Mack @george__mack]

In 2001, Warren Buffett gave a talk at the University of Georgia.

He asked them the most Warren Buffett question ever:

• If you could invest in a friend and get 10% of their income for life -- who would you pick?

Once the students answered the question, he then asked this:

• Why would you invest in that person?
• What character traits do they have?

Now they have a list of character traits to adopt.

Shortly after this, Buffett asked:

If you could short a friend's earnings, who would you pick and why?

Now you have a list of character traits to avoid.

----

1. Do not think this thought experiment is limited to money.

If you don't care about money -- you can use it for whatever currency you value instead.

E.g. Happiness coin

If you could get 10% of a friend's happiness, who would you invest in and why?

If you could short someone's happiness, who would you pick and why?

You can run the same thought experiment with Fitness coin, Friendship coin, Romance coin, etc`

2. This thought experiment is genius because it hacks a bug in life's video game:

Humans are terrible at self-awareness.

But we are great at spotting things in other people.

E.g. If your friend is in the wrong relationship, you can realize in 10 minutes what may take them 10 years.

Daniel Kahneman summarised his book on cognitive biases with the following:

“The premise of this book is that it is easier to recognize other people’s mistakes than our own.” - Daniel Kahneman

3. Nuance - It has to be purely from merit.

Buffett says it can't be because someone will inherit a large sum from their parents.

It has to be based on their behavior.

E.g. If you want 10% of someone's fitness coin, it's not because of incredible genetics -- is because of the actions they take.

[Ally Warson @A_Warson]

https://t.co/2jaXjcvWVR well said

[sam lessin 🏴‍☠️ @lessin]

Seed investing isn't coming back... at least not as it existed in the last decade.

[Ally Warson @A_Warson]

The majority of VCs are herd followers...this causes spikes of capital injection into one area. 90% of investments done in AI/ML right now are all based on hype vs. fundamentals. Patience and discipline pay off. (source of graph: https://t.co/T34lvDjl0G)

[Aaron Levie @levie]

The biggest danger of too much venture capital is the removal of constraints and masking of uneconomic models. It’s very important to let customers determine if you have a viable business (profitable revenue), not powerpoints (funding rounds).

[Mike Bird @Birdyword]

Your vending machines simply don't operate on this level. You're not ready for it.

[Ally Warson @A_Warson]

Is Amazon the real winner with https://t.co/6cOiifeygE taking off??? #AWS

[Ally Warson @A_Warson]

will the automation of everything we do online make the real world more or less appealing?

[Jonny Miller @jonnym1ller]

Neuroscience term of the day: ‘Emotional Granularity’

In other words, if we don’t have a concept to describe an emotion, we won’t be able to perceive it — or to quote Wittgenstein: 'We cannot enter the territory for which we do not have the language’

[James Clear @JamesClear]

Everyone is gambling, all the time.

The "risk takers" have the courage to attempt something and gamble with the possibility of failure.

The "risk averse" avoid failure, but gamble with the opportunity cost of what they could have achieved—had they found the courage to try.

[tobi lutke @tobi]

Chart of the day

[Ally Warson @A_Warson]

@jonnym1ller https://t.co/6Hf6ooJZgn Above The Median! 😀

[Ally Warson @A_Warson]

@msg snowshoe martis valley!

[Ally Warson @A_Warson]

Congrats to our friends at @AlaskaAir !

[Forbes @Forbes]

https://t.co/ZSEfLJ9ytE has just released its annual list of the world’s 20 safest airlines. The list ranks the largest and best-known carriers—as well as the safest low-cost airlines. https://t.co/MZ3JUGufJw

[Ally Warson @A_Warson]

@ShannonNajma @WSJ @up.partners and @1sigari ‘s work with the governor of Arkansas on the future of transportation

[Ally Warson @A_Warson]

@dickiebush @readwise