Bames

Fiction is the lie that gets us closer to the truth

[Bames @AnAverageJoseph]

Argument is that founders get taken advantage of bc bankers + buy side (hedge funds, other money managers) are repeat players with a tacit agreement to underprice IPOs. Sell-side (investment banks) are incentivized to do this bc their repeat customer (buy side) will do business with them again for the next IPO. So although banks are meant to serve the interests of the company, their actions reveal that they are really just serving buyside interests

[Bames @AnAverageJoseph]

@AnjneyMidha @garrytan @CS153Systems @Stanford Can you post the readings?

[Bames @AnAverageJoseph]

@eladgil It’s simple. It’s the lowest hanging fruit to boost performance. Brutal competition yields brutal tactics.

[Bames @AnAverageJoseph]

@goodalexander What are words? Merely complicated airflow

[Bames @AnAverageJoseph]

@miracletrade GMERCURY

[Bames @AnAverageJoseph]

You are correct about the CEO’s authority but, respectfully, the analogy doesn’t work — corporate authority (contractual and narrow) differs from political authority

Legality and legitimacy are not the same thing. Revoking property rights may well be “legal” but it breaks the social contract that underpins legitimate governance

[Bames @AnAverageJoseph]

@MartinShkreli Bullish

[Bames @AnAverageJoseph]

@QwQiao tokenization of real world assets

[Bames @AnAverageJoseph]

@AutismCapital Make America hot again

[Bames @AnAverageJoseph]

@saranormous The Righteous Mind by Jon Haidt

[Bames @AnAverageJoseph]

@CryptoDaddi

[Bames @AnAverageJoseph]

@zerohedge How does OpenAI commit 19B with a run rate 1/4 of that?

[Bames @AnAverageJoseph]

@uaustinorg The Righteous Mind by Jon Haidt

[Bames @AnAverageJoseph]

@free_electron0 mog (f/a)

[Bames @AnAverageJoseph]

@MugabeV2 @kmoney “winners win and losers lose” - GCR

[Bames @AnAverageJoseph]

@bryan_johnson would love a green drink to replace AG1 and supplement vegetable intake. Avoiding longevity mix due to creatine and potential hair loss. I’ll stick with AG1 until you release a cheaper, just as delicious, alternative

[Bames @AnAverageJoseph]

@intuitio_ mog

[Bames @AnAverageJoseph]

@eriktorenberg It's the end of the Fourth Turning and the beginning of the First Turning (see Neil Howe)

[Bames @AnAverageJoseph]

@jeremykauffman DON'T TAKE THE BAIT. I REPEAT, DO NOT TAKE THE BAIT