Ten million people have watched an MIT professor accidentally destroy the executive coaching industry.
He filmed the lecture once in January 2018 and died eighteen months later.
Executive coaches charge fifteen thousand dollars a session to teach a third of what he covered in one hour for free.
His name was Patrick Winston. He ran the MIT Artificial Intelligence Laboratory from 1972 to 1997 and wrote the AI textbook every computer science major in the world read for thirty years.
Every January for four decades, he gave a lecture called "How to Speak."
His entire framework fits on a napkin.
Do not read. Be in the image. Keep images simple. Eliminate clutter. Start with an empathetic connection. End with a punch line the audience can repeat over dinner. Never open with a joke. Never end with "thank you."
That last rule alone has probably cost the executive coaching industry a hundred million dollars.
"Your success in life will be determined largely by your ability to speak, your ability to write, and the quality of your ideas. In that order."
That is the actual opening line of the lecture. Winston believed it strongly enough to spend fifty years teaching computer scientists how to talk.
Founders spend $80,000 on an MBA and then hire a communications coach to teach them the same material Winston filmed once for free. Engineers write brilliant code and lose promotions to teammates who watched this lecture on the train.
The lecture is free on MIT OpenCourseWare. The textbook is free on his page.
Winston died in 2019. Almost none of the ten million viewers have actually implemented the four rules on the napkin.
The napkin is free. The willingness to actually use it in your next meeting is the entire edge.
Don't worry, I'm sure the AI guys are implementing much more robust failsafe's on the AI models themselves, seeing as how western sovereigns and the entire global economy are at least as levered as Aschenbrenner's fund was.
@DarrenM28272341@UraniumRoyalty URA etf also removed urc from its index hence the downward pressure not sure why
Frankly its been subpar performance with $URC for the past few years now
Merrill: The S&P 500 has gained around 110% since October 2022
Historical comparisons suggest the rally may still have room to run, as bull markets since 1949 have averaged around 192% returns over around 5.5 years... though they lifted this from @ryandetrick
A client who is seeing my real yield tips view asked me the age old question. "Im young why would I own fixed income". The answer is at your risk target owning a diversified portfolio had a higher expected return than owning just equities or concentrated equities. Listen to this
Was @Pontifex elected because of @realDonaldTrump ?
Not exactly—but the Trump presidency changed the geopolitical context in which the cardinals chose the first American pope.
Michael Driessen, whom Pope Leo recently appointed to the Vatican's Dicastery for Interreligious Dialogue, explains why the conclave took that extraordinary risk, why the Vatican is preparing for a new world order, and why religion may be more important to global peace than ever.
Full episode in reply.
I keep telling you guys we are not prepared for the onslaught of demand...results from PJM >>
Largest US Grid Misses Power Supply Target Amid AI Surge
The biggest US power grid failed for a third straight time to secure enough future supply commitments to ensure reliability in coming years amid a boom in data center demand.
PJM Interconnection LLC, which serves 13 states and Washington, DC, said its auction to procure power for the year starting June 2028 fell 6.8 gigawatts short of what it will need to guarantee system reliability during demand spikes, according to a statement Tuesday. The shortfall is equivalent to almost seven traditional nuclear reactors. (Bloomberg)
When @RealRickRule speaks, the smartest investors listen. He has earned a reputation for asking the right questions, long before the rest of the market does
Paul Singer sent 115 analysts to figure out Bank of America's balance sheet - they found $75 trillion in derivatives on $150 billion of equity: "I challenge anybody in the room, outside of the room,come tell me what that looks like"
this is him explaining why no one - not regulators, not investors, not even the banks themselves - knows the real financial condition of any major bank, and why the next crisis will be worse than 2008
"$150 billion of equity, $2 trillion of assets on the balance sheet. but here's the problem - $75 trillion, that's with a T, of derivatives. that makes the financial condition of Bank of America completely and utterly opaque"
"I challenge anybody in the room, outside the room - come tell me what that looks like. what we found in '08 is the insiders didn't understand what was on their own balance sheets. Stan O'Neal, Dick Fuld, Chuck Prince - billions of fake AAA garbage"
bookmark & watch the full conversation ↓