Charles Meyer

I'd rather not be the north end of a horse headed south. VC, water enthusiast, and part-time doom scroller. Partner @ Deep Acre

[Y Combinator @ycombinator]

Rentahuman (@RentAHumanX) allows AI agents to communicate with and pay humans to do tasks in the real world. Their mission is to use AI to create new jobs and coordinate workers at global scale.

The future will have more intelligence, more jobs, and more opportunities for people outside of the digital world.

Congrats on the launch, @alexandertw33ts!

https://t.co/3UTfa1SSmU

[Charles Meyer @basic_format]

@emmafeirstein @mercor_ai @RentAHumanX Congrats! 🍾🎉

[Charles Meyer @basic_format]

@DavidSacks This aged well.

[Craig Fuller 🛩🚛🚂⚓️ @FreightAlley]

Freight continues it's epic collapse, with the Cass Shipment Index giving off some of the most significant warning signs about the state of the goods economy.

The Cass Shipment Index, the benchmark freight index, has dropped to October 2009 levels, the height of the Great Financial Crisis.

This is my breakdown on what this means for freight and the goods economy overall.

[Charles Meyer @basic_format]

@CliffordAsness UK is as backwards as we are these days

[PyQuant News 🐍 @pyquantnews]

How a book written in 1910 can teach you calculus in 30 seconds:

[Charles Meyer @basic_format]

I’m not so sure we come back from this. Even if the next admin is like “just kidding” and tries to roll things back to “sanity,” to how they were before, the whole world now knows we have a system that allows these things to happen and people like these to run wild. Policies can come back, but the I just don’t see how trust does- and that’s what keeps me up at night.

[Anand Sanwal @asanwal]

Don’t live in nyc but Zohran Mamdani’s rise is revealing

Highlights how innumerate our society is when millions can’t spot policies that break basic math

We’re increasingly illiterate in words and numbers

And that illiteracy makes us easy to manipulate - by the right and left

[Sheel Mohnot @pitdesi]

Love Buffett’s response to “when did you know you were rich?”

Particularly the highlighted part.

[Ramon van Meer @ramonvanmeer]

The test:

• 25,650 users
• Same landing page
• Only difference? “Made in China” at $129 vs. “Made in USA” at $239

[Startup Archive @StartupArchive_]

Airbnb founder Brian Chesky on the rule he had with his cofounders

“We [Airbnb cofounders] had a rule. The rule was that winning an argument was never more important than preserving the relationship. And the reason that's important is because if you start a company, you're going to have to debate a hundred thousand things... so no one argument can be the thing. There has to be this larger sense that we're a band.”

Brian likens strong relationships to exercise.

“I think you gotta really work hard at the relationship, almost like exercising. If you don't keep exercising, you get out of shape. We worked really, really hard. And one of the things we did in 2009 is we said every single Sunday we're gonna meet, no matter how busy we get, and to this day, we still do those calls.”

He continues:

“I think a lot of human connection requires constant contact, constant connection, a deep sense of respect, a sense that I'm only here because of them, a sense of humility and gratitude, and a sense that I'm never going to try to win. Because if I win alone, I'm not going very far.”

Video source: @StanfordGSB (2023)

[Brian Feroldi @BrianFeroldi]

Investing:

Theory vs reality

Image by @dividendology

[Michael Antonelli @BullandBaird]

HE NEEDS THE ENTIRE FOMC TO LOWER RATES. THEY VOTE.

I dont get the Powell thing at all.

[Kevin Gee @kevg1412]

Michael Moritz on the lessons he imparts to younger partners at Sequoia to develop better

[Bob Elliott @BobEUnlimited]

Once you see that a Hedge Fund's past top-quartile performance gives no indication of future outperformance beyond random chance (even within category) it becomes clear that diversifying your managers is much better than trying to pick winners.

[Charles Meyer @basic_format]

@AlephMSW @DWard396999 @VP When you die I’ll make sure to say “worst person of the last 100 years.” Keep it classy you know? :)

[TheHistoryOfTheAmericans @TheHistoryOfTh2]

If you aspire to be an independent person, that means deciding your opinion on something without regard to the opinions of others. If you find yourself agreeing with one “side” virtually all the time, you are basically just a drone under the control of *your* mob.

[Zack Voell @zackvoell]

“Nobody is an atheist at 50x leverage” is one of the greatest things ever written on this app

[Compounding Quality @QCompounding]

"When I see memos from Howard Marks in my mail, they're the first thing I open and read." — Warren Buffett

Howard Marks just dropped another one:

📩 Nobody Knows (Yet Again)

Here’s the breakdown:

[Finding Compounders @F_Compounders]

A short gem from Warren Buffett.

Source: I unfortunately forgot from whose article I took this screenshot . If it’s yours please let me know 👍🏽