John DeVol

Economics. DFS. Spreadsheets. Coffee.

[Phil McAlister @phil_mcalister]

A few very obvious points on Mamdani's grocery stores:

1. The supply of the discounted groceries will run out on day 1, and every day there is a new shipment. This is basic econ 101.

2. This means only the people who are lucky enough or fast enough will get these discounted groceries. Expect to see the city ration these groceries in some other way. By income, or neighborhood or some lottery system.

3. Grocery margins are notoriously low as it is (like 2-3%). These stores will lose a bunch of money selling 30% below market, or they'll sell so little it will be insignificant.

4. There is absolutely zero chance that government bureaucrats can source these products from global supply chains as efficiently as Walmart, or Meier, or Whole Foods, whose survival depends on it. Their costs will be far higher (unless they use government bludgeon to force distributors to sell to them at lower prices).

5. It's actually an incredible triumph of capitalism that you can get a pound of bananas that were shipped to your neighborhood from Equador for like 60 cents, or fresh grapes from Chile in the dead of Midwestern winter for 2 bucks a pound, and Norwegian salmon to cook in Italian olive oil for $15 -20 bucks or so. Truly stop and think about that for a minute. It's a miracle.

The median full time hourly wage is around $31 dollars. For ONE HOUR of work, the median working American can get all of the groceries listed below, which is about 22,000 calories. They can feed themselves for 10 days (or a family of 4 for around 2 and a half days), with an hour of labor.

This is the stupidest industry for socialists to go after.

[John DeVol @jdevol1]

@cmain7 How do you mix the PB2

[Kendall Baker @kendallbaker]

No idea who made this game, but it's extremely fun and addicting.

Thank me later.

https://t.co/eBuLwK7hU0

[BuccoCapital Bloke @buccocapital]

What’s actually happening is these businesses are stripping out the context carriers to hire more innovators and marketers. I wrote about what is happening here

https://t.co/WS2NLM67Mv

[Ivan Landabaso @IvanLandabaso]

Meta's CTO guide to starting a new job.

One of the most useful things I learned there:

[wanye @xwanyex]

There’s a moment that happens to new parents, probably around four in the morning, when you’ve been up all night with a sick kid, and they’ve just thrown up again, and you’re so fucking tired and frustrated, but it’s outweighed by the sympathy you feel for this helpless dependent, and most of all you just want them to feel better, and then it hits you that this is what your mom did for you, and in that moment you understand your parents in a new way, fully comprehend what they did for you — like, you really get it, way down in your stomach, not just in the abstract way that anybody can understand what parents do for children — and you realize that from now on you’re always going to see things from the perspective of the parent, not as a child, and a lot of your complaints and hangups and neuroses will melt away, never to return, and from now on the stories you’ll tell about your childhood, stories you’ve told 1000 times before, will have a slightly different character, will be based on a fuller understanding of who you are and what actually happened to you, and you’ll think, “my God, in all those years of childlessness, I’ve cheated myself of this realization, of this opportunity to understand the world as it really is and move on.”

And if you’re childless and reading this, then maybe you’re thinking, “sure, but obviously I can intellectually understand this without having children of my own” and it’s just, like, no, probably not.

It just doesn’t really work like that.

[Matt Shumer @mattshumer_]

https://t.co/ivXRKXJvQg

[BuccoCapital Bloke @buccocapital]

Beautiful. Life is so short. Savor it

“There was a night I carried my son to bed for the last time but I don’t remember it. He fell asleep on the couch. I lifted him up, placed him in his bed and kissed him goodnight. I would pay any amount of money to relive it”

[John DeVol @jdevol1]

@NostalgiaFolder @grok what was the name of this booklet

[John DeVol @jdevol1]

@eigenrobot I did one like this too

[John DeVol @jdevol1]

@DudespostingWs Dudes rock

[John DeVol @jdevol1]

@SarahTheHaider My 3 year old son every night now tells me “dad you’re my best friend”

[John DeVol @jdevol1]

@Aella_Girl Raising kids is very hard - hardest thing you’ll ever do. It’s also the most rewarding thing you’ll ever do by a factor of infinity.

[John DeVol @jdevol1]

@NolanAnalyst Saw Interstellar for the first time last fall. Have 2 little kids; this scene was devastating

[John DeVol @jdevol1]

@DavisMattek Congrats Davis!

[John DeVol @jdevol1]

@brookeab Cardio does not matter for weight loss. All that matters is calories in calories out

[John DeVol @jdevol1]

@HuskersGameday You’re saying we probably won’t beat Penn St?

[John DeVol @jdevol1]

@stepfanie Heat not on here is criminal

[John DeVol @jdevol1]

@_willcompton Delegate and elevate

[Geiger Capital @Geiger_Capital]

One year ago, the Francis Scott Key Bridge collapsed in Baltimore after a cargo ship hit it.

We still haven’t started rebuilding a new bridge. In fact, they haven’t even demolished the old remains yet.

China would have built 10 bridges by now.