Kyle

you’re all fucking stupid (so am I)

[Kyle @cosmoskyle]

Yooo I had no idea @KimKardashian was so fuckin siiiiiiiick

[Kyle @cosmoskyle]

I’ll never understand people putting money in a savings account

When I was like 22 I did that bc I thought you’re supposed to. Bank sent an interest statement of like $0.40

Moved it all out of savings, closed the account, and put it in an investing account

[ryandcrypto @ryandcrypto]

actually crazy how detached crypto twitter is from reality

[Kyle @cosmoskyle]

@nobodyhome82 @TheStalwart The barrier to replacement of all of those is significantly higher than software engineering

[Kyle @cosmoskyle]

@TrendSpider Trailing or forward PE?

[Kyle @cosmoskyle]

@Remzztrades Started buying shortly after $12. Thesis: Bloom Energy closest comparison, and this is 1% of the size. Bloom backlogged on orders, FCEL is not, AI is arms race where speed matters. People will buy from FCEL to avoid wait times

[Kyle @cosmoskyle]

@artsch00lreject

[Kyle @cosmoskyle]

@mcuban There is leverage in volume. Went through this recently with medicine for my dog. $167/vial going through national vet that gets preferred pricing from volume, vs $355/vial everywhere else. The bigger the negotiator, the better the pricing.

[Kyle @cosmoskyle]

@mcuban If it’s not negotiating pricing from providers it’s kind of meaningless. People love to blame insurance but they’re only half of the problem, the doctors/hospitals are sending the bills

[Kyle @cosmoskyle]

@SquatUniversity DM, I have had shoulder issues for years from an injury and would love your thoughts

[Kyle @cosmoskyle]

All those family members before me and NOT ONE could get their money right and just buy the S&P500. Unbelievable.

[Math Files @Math_files]

In order to be born, you needed:

2 parents
4 grandparents
8 great-grandparents
16 second great-grandparents
32 third great-grandparents
64 fourth great-grandparents
128 fifth great-grandparents
256 sixth great-grandparents
512 seventh great-grandparents
1,024 eighth great grandparents
2,048 ninth great-grandparents

For you to be born today from 12 previous generations, you needed a total of 4,094 ancestors over the last 400 years.

Think for a moment:
How many struggles?
How many battles?
How many difficulties?
How much sadness?
How much happiness?
How many love stories?
How many expressions of hope for the future? – did your ancestors have to undergo for you to exist in this present moment...

[Kyle @cosmoskyle]

Calling a Puerto Rican a fake American and then rooting against America in the Olympics is hilarious

[Happy Punch @HappyPunch]

Jake Paul just broke down in tears after fiancée Jutta Leerdam won Olympic gold

[Kyle @cosmoskyle]

You, the simple idiot: health insurance companies are making things expensive

Me, the sophisticated hater: the hospital sent the fucking $3600 invoice for a 5 min CT scan

[Kyle @cosmoskyle]

@StatisticUrban @FjajGuy @g_lisi_29 I say this with the deepest sincerity, are you retarded?

[Kyle @cosmoskyle]

@andrewrsorkin a lot of respect for you. It would be cool if you could highlight that health insurers aren’t the only issue with healthcare

The providers are over billing made up numbers knowing health insurance will negotiate it lower. They don’t provide “coverage” they bargain

[Kyle @cosmoskyle]

@marcb_xyz @coinbase Gift cards already exist

[Kyle @cosmoskyle]

@besttrousers I will say I respect seeing different opinions and think that’s an important part of the discourse. But I think a lot of the people in your position (or CNBC, etc) are passing judgment based on numbers, and not interactions with actual every day people.

[Kyle @cosmoskyle]

@besttrousers I think people are comparing apples and oranges with dated methods. What worked then doesn’t work now, and trying to apply antiquated methods to current trends is a fools errand.

[Kyle @cosmoskyle]

@besttrousers

[Kyle @cosmoskyle]

Providers are over billing knowing health insurance will negotiate lower

Health insurance uses the fragmentation of coverage (dozens of companies, hundreds of plans) to profit off of customers

When the cost of treatment from the provider is the same regardless

[Kyle @cosmoskyle]

It’s time to reframe how we think of health insurance and why a single payor system makes sense

I was in the hospital for a kidney stone. Health insurance didn’t offer “coverage,” they acted as a negotiator

You pay a retainer to have health insurance negotiate costs

[Kyle @cosmoskyle]

It never cost $32k to begin with

In that framing it doesn’t make sense why a company can negotiate better for some people than it can for others

Or why you wouldn’t want the best negotiator in the world, the US Gov, to be the one negotiating costs for care when you need it