DANISHDATTY

[DANISHDATTY @danishdatty]

@karpathy @karpathy there needs to be a process for updating this knowledge base. Human knowledge evolves over time and your knowledge base as currently designed gets stale. We need a process rooted in epistemology - think CI for knowledge. Curated by deep domain experts. Happy to collab!

[DANISHDATTY @danishdatty]

@BednarikMatt Optimizing for laziness? Yes. For health? No.

[Costanza Coin @TheCostanzaCoin]

Lots of good, quality stuff happening over here with the Costanza culture coin. Updates coming this Sunday regarding our new referral and prize promos as well new marketing outlets.

Come get to know our team by joining our growing community on Telegram. Our retired SpaceX engineer devs are happy to answer questions.

https://t.co/Nhxfq28IPn

[DANISHDATTY @danishdatty]

@rossiadam At 2min, you need to start doing these weighted.

[DANISHDATTY @danishdatty]

@xX_Biden1984_Xx @dominicdeecoco So non-Americans?

[DANISHDATTY @danishdatty]

@thesamparr How about the second order effects, e.g biomechanical improvements that lead to better form and larger ROM? That will eventually lead to fewer injures.

[DANISHDATTY @danishdatty]

@jeremyphoward @ducha_aiki @ylecun @giffmana @wightmanr Why?

[DANISHDATTY @danishdatty]

@naterez94 Do you have any references on how this works for shoulder injuries?

[DANISHDATTY @danishdatty]

@giffmana You work there for a couple of years on a high salary, and become financially independent. Then leave and do more (maybe more interesting?) research at slower-paced companies/universities. Win-win.

[DANISHDATTY @danishdatty]

@sleepdiplomat Hi Matt. Love your book. Quick question for you: do you have any advice for folks like me that doesn’t sleep well outside of their daily routine? For an example, when I sleep in hotels on business trips, I generally sleep worse. At home, I have a great routine.

[DANISHDATTY @danishdatty]

@BillAckman thought you were better than this.

[Prof Peter Hotez MD PhD DSc(hon) @PeterHotez]

1/n Awful to read Mr. Ackman’s account of my activities. I have no pharma conflicts, I co-developed low-cost patent-free Covid vaccines for global health reaching 100 million doses. I never took a cent for any cable news/podcast/radio appearances., spoke tirelessly to low-income

[DANISHDATTY @danishdatty]

2) I might have missed it, but I don’t see any evidence that “carrying stuff” should have any outsized impact on your physical health compared to any other well thought out exercise program. Where is this claim coming from?

[DANISHDATTY @danishdatty]

@PeterAttiaMD love your book Outlive. It has already changed my life for the better. I had two unanswered questions after reading:

[DANISHDATTY @danishdatty]

1) What’s your thoughts on irreversible damage to your health? How much can you e.g. recover at age 30? 50? I know it depends on the state of your health, but I’m very curious about this.

[DANISHDATTY @danishdatty]

@theamberyang Bunch of Europeans cities have this. Copenhagen, Zurich, Geneva, Stockholm, Oslo..

[Bill Ackman @BillAckman]

I have been fascinated by the @HindenburgRes $IEP situation, and there are some interesting learnings here. For example, one learns from $IEP that a controlling shareholder of a company with a small float that pays a large dividend can cause his company to trade at a large premium to intrinsic value, best approximated in $IEP by its NAV per share. The premium to NAV creates liquidity for the controlling shareholder by enabling him to access margin loans secured by overvalued shares that can be used to fund investments.

The $IEP premium has been sustained by a large dividend yield, which is not supported by operating cash flows. The yield is generated by returning capital to outside shareholders, which is in turn funded by the company selling stock to investors.

This system has worked for a considerable period of time, but it is highly dependent on the maintenance of the premium and the placidity of Icahn's margin lender(s). $IEP stock held by Icahn is not a liquid asset as it represents approximately 85%+ of $IEP shares outstanding. The shares also purportedly represent 85%+ of his net worth so he apparently does not have much outside resources to draw upon.

A sustained premium requires confidence in Icahn and $IEP. If Icahn were to sell any shares, the stock would likely drop precipitously as the overhang of additional sales and the further resulting loss in confidence would catalyze other shareholders to exit before the deluge.

The problem Icahn has is that his system has been outed by @HindenburgRes. Transparency is not the friend of $IEP having caused a more than 50% decline in the shares, which has caused Icahn to post more shares, now more than 65% of his holdings. Further declines over the last several days will likely require additional postings.

Even after the recent share price decline, $IEP still trades at a 50%+ premium to its NAV. Its performance history and governance structure do not justify a premium; rather they suggest that a large discount to NAV would be appropriate.

Icahn's margin lender(s) must be extremely concerned with the situation, particularly in light of the recent involvement of the @TheJusticeDept, which will also likely be investigating the lenders' involvement in the situation. There is likely more than one margin lender involved here because of the very large size of the loan and the risk limits that margin lenders have.

$IEP reminds me somewhat of Archegos where the swap counterparties were comforted by each having relatively smaller exposures to the situation. The problem is that multiple lenders make for a more chaotic situation. All it takes is for one lender to break ranks and liquidate shares or attempt to hedge, before the house comes falling down. Here, the patsy is the last lender to liquidate.

I am surprised that Icahn has not disclosed the terms of his margin loans including who provided them. My understanding of the @SECGov 13D rules is that they require disclosure of sources of financing and even copies of financing agreements, although many investors ignore these requirements.

Icahn's favorite Wall Street saying: "If you want a friend, get a dog." Over his storied career, Icahn has made many enemies. I don't know that he has any real friends. He could use one here.

We are neither long or short. Just watching from a distance.

[DANISHDATTY @danishdatty]

@singhcredible You need some ROM and keeping your torso upright on those bulgarians.

[DANISHDATTY @danishdatty]

@koinly any updates on when the Terra integration will work?

[DANISHDATTY @danishdatty]

@stephencfu Where is this data from?