@negligible_cap Unless he disclosed how much $MU he shorted today and how many shares from $200 to $1000+, I’m not sure he has anything to brag about 😂.
A federal jury in Los Angeles found that Left defrauded other investors with insincere opinions designed to move stock prices in his favor. https://t.co/pWiboXMcZG
@jhong@Alt_Azn the 26 voting UC regents are appointed by the governor, and the democrats have controlled CA for 16 years. It will be interesting to see how this plays out.
There are several interesting things going on here.
(1) The UCs were long known for their high standards, in particular UC Berkeley and UCLA as their flagships: in general, if you hired one of their graduates (especially an in-state student), you were getting a smart and ambitious employee. This contract is now broken. The signal doesn't work anymore.
When the world updates for this fact, things get worse for them: out-of-state students will be less likely to want to pay the tuition, employers will be more skeptical, and they will have a harder time getting the best talent. This is a negative feedback loop.
It's weird that this happened because organizations are usually much more self-preserving. Universities live and die by their reputations. Perhaps they thought that dropping the SAT and (this is the subtext) admitting students quasi-randomly would gain them political brownie points, but to what end? Looking back: what was the point of all this?
(2) The SAT was the final load-bearing beam in this entire system. High school grades used to mean something, but grade inflation has wiped this out. Application essays? A whole industry of ghostwriters and now AI has winnowed the signal to zero. Teacher recommendations? When they matter so disproportionately much, they'll be bought and paid for. (The failure pattern is the same: much like how the universities have sacrificed their long-term credibility for short-term gain, I'd wager that many schools and teachers have done the same.)
Parents used to defer to teachers and schools as experts, but the competitive environment has made parents become forcefully involved -- threatening, cajoling, bribing to get their students ahead. Schools never had the resources to defend themselves against this.
Many people -- especially those below the SAT median -- probably thought that they would be better-off in a world of no tests, that they'd be able to get some relative advantage. Nobody would know they're in the 30th percentile, and maybe they could sneak by and pass for 80th. That may have been so in the short term, but the price is becoming clear now: the whole system is broken. (This is frequently the case when people try to turn fair games into rigged or opaque ones: the people who think they're going to win because of their new advantage tend not to see the whole picture, and will overestimate their expected position in the new world.)
Maybe you were an activist parent and managed to help force the UCs to get rid of standardized testing. And maybe your low-test kid got admitted to Berkeley. And maybe they even graduated with a 4.0. But you can't keep stacking the Ponzi scheme forever, eventually you get the reality test: they can't get a job and now you're stuck holding the bag on the student debt. A pointless waste.
CBS News said there was no evidence of fraud.
The NYT said the Somali community was being targeted
CNN said there was "little evidence."
Tim Walz said it was “white supremacy” to expose fraud
Today: $90M busted and 15 charged.
IT WAS ALL FRAUD AND THEY KNEW.
USA właśnie odpala potencjalnie NAJWIĘKSZY rynek dla Fan Tokens 🇺🇸
Raport Chiliz pokazuje jasno: regulacje (SEC + CFTC) w końcu dają zielone światło, a rynek jest już gotowy.
⚽️13% fanów w USA już posiada Fan Tokens lub digital collectibles
⚽️30% zna temat, ale jeszcze ich n ie zakupiło — to ogromny, czekający popyt
⚽️79% oczekuje cyfrowych doświadczeń w sporcie
⚽️83% chce więcej kontentu poza meczami
#Chiliz2030 #FanTokens #Socios
RFK Jr. talks about why gluten allergies have skyrocketed since 2006:
"We discovered that Roundup was a desiccant. And what that means, if you spray it on a crop, it will actually dry out the crop. And one of the big enemies of the farmer is that if there's rain around the time of harvest, their crops can get wet, and they get moldy, and then it ruins the entire silo."
"What Monsanto did is they began telling farmers, spray this on the crop, on your wheat, right before harvest or at the time of harvest. And it was so popular that about 85 % of the Roundup that has been used in history has been used since 2006. A large part of that is as a desiccant. And what that meant, is for the first time they're spraying it on food right at harvest."
"Not early in the season when they have a chance to wash off, but actually just before you're going to eat it. And they're spraying it for the first time on wheat because there was no such thing as Roundup Ready Wheat. They started spraying it on wheat as a desiccant. And so 2006 marks the day when suddenly these gluten allergies began exploding. The celiac disease and all these kind of wheat problems that we started seeing in this country."
So cool to see more and more business schools working on Fan Tokens. A concept and product we invented at @chiliz x @socios x @FanTokens
https://t.co/51mnYEdiPz
Elon Musk thinks the entire education system is built on a broken assumption.
That every student should learn the same thing. At the same speed. In the same order. At the same time.
Musk: “Everyone goes through from like 5th grade to 6th grade to 7th grade like it’s an assembly line. But people are not objects on an assembly line.”
The model was designed for a factory economy. Standardized inputs. Predictable outputs.
That economy is gone. The assembly line is gone.
But the education system still runs on its logic.
A student who masters algebra in two weeks sits through eight more weeks because the calendar says so. A student who struggles gets dragged forward because the schedule doesn’t wait.
Neither is being served. Both are being processed.
Musk: “Allow people to progress at the fastest pace that they can or are interested in, in each subject.”
AI doesn’t teach a classroom. It teaches a student.
One at a time. Every time.
It skips what a student already knows. It finds where they’re stuck and approaches it from a different angle.
It adjusts in real time. Not at the end of a semester when the damage is already done.
A student obsessed with basketball learns fractions through shooting percentages. A student who builds in Minecraft learns geometry through architecture.
The subject doesn’t change. The entry point does.
No teacher with thirty students can do this. Not because they lack skill.
Because the math doesn’t work.
AI doesn’t have that constraint.
Musk: “You do not need to tell your kid to play video games. They will play video games on autopilot all day. So if you can make it interactive and engaging, then you can make education far more compelling.”
The brain isn’t broken. The format is.
Kids learn complex systems and strategic thinking for hours voluntarily. Then walk into a classroom and can’t focus for twenty minutes.
That’s not a discipline problem. That’s a design problem.
Musk: “A university education is often unnecessary. You probably learn the vast majority of what you’re going to learn there in the first two years. And most of it is from your classmates.”
Four years. Six figures of debt.
And the real value comes from the people sitting next to you. Not the institution charging you.
The degree doesn’t certify knowledge. It certifies endurance.
Musk: “If the goal is to start a company, I would say no point in finishing college.”
The system was built to train employees. If you’re not trying to be one, it has nothing left to offer you.
Every lecture. Every textbook. Every curriculum. Now available instantly. Personalized to any learner. Adapted to any pace.
The question isn’t whether the old model survives.
It’s how long we keep forcing students through it while the replacement already exists.
Last week as one of the most important for @chiliz x @FanTokens x @Socios - Finally we can work and invest in the US to bring on-chain some of the biggest brands in the world.
@LechonKoala24@NBCSWarriors Phil Jackson was a great coach…until he wasn’t. Everyone knew it. Same thing for LeBron & MJ - they were great players until they were not. Kerr is not exempt - it’s too bad Lacob didn’t realize it & were not willing to keep Kerr accountable
It is now CONFIRMED California Democrats and Mayor Karen Bass’ administration CHANGED the Pacific Palisades ‘after action report’ and DELETED EVIDENCE in order to shield themselves from liability
Rick Caruso “A massive cover-up, Firegate. A deliberate effort to cover up the findings in the after-action report by changing the after-action report. This was deliberately and intentionally done to shield LA Fire Department, Mayor Bass, and her administration from the failures of the fires on January 7th.
The type of changes that were made include the fact that the earlier fire on January 1 reignited on January 7 and the fire department officers were ordered off the area.
They deleted all of those references from the after action report.
This is an intentional cover-up to reduce accountability, the lack of transparency. The culture of corruption, in the city of Los Angeles is despicable and is out of control.
Mayor Bass and her administration and the leadership of the fire department should be held accountable.“
Confirmed by LA Times investigation
@DonNorbury@avidseries Yale brings in the best straight A students w near perfect test scores from all over the world. If these students can’t get an A or B, perhaps its the professors are bad at teaching smart kids? 😂
@avidseries No commentary on how Econ is the toughest major to get an A? It’s harder to get an A than in math or any of the hard sciences. Perhaps this explains why Econ is so popular for both students & employers.