People say AI is killing literacy, but I hooked up Claude to my Goodreads “to read” list with an MCP that lets it download pdfs of the books, and it reads them all for me, and takes detailed notes on the key themes, and now I’m getting through more books than I ever did before
In 2005, the highest expected-value career move a finance grad could make was taking the Lehman Brothers offer.
A hedge fund manager on why the smartest people make the number one career mistake:
Sinan Xin joined Lehman's tech M&A group out of Penn in '06 — now runs a global EM tech long/short fund.
Sinan Xin explains:
"The number one mistake people make at this stage is going somewhere for what seems like a rational economic outcome."
"The reason people do that is because these are intelligent people — making what seems to be a very reasonable and attractive economic choice."
"But five, ten years down the line, you're surrounded by people who made the same choice you did — for a different and potentially better reason."
"That's when you find you're not as competitive. You're not as passionate about generating alpha on a large cap US portfolio. You're not the expert on squeezing a millionth of a millisecond out of a trade."
"Making a decision based on passion rather than pure expected value is more alpha down the line — because the fidelity in calculating those expected values is quite low."
"In 2005, the expected value of taking a job offer from Lehman Brothers was quite high. The outcomes were different."
"People place too much faith in their own ability to assign correct probabilities to uncertain outcomes."
Nick Fuentes will be doing a super show this Friday mapping out the structure of the Jefferey Epstein network. He will be naming names.
“He’s not actually a genius at anything…this guy was a fraud. So how did he make $500 million if he was a fraud?”
“The real story is about how all of this works, how our society works. And that’s when you realize, you can’t have jewish people at the highest levels. Because if you do, they will get Epsteins in the club.”