My interview with @nejatian, CEO of Opendoor.
This is a rare look inside a turnaround, while it's happening. It's raw, real, and violent.
Kaz took over $OPEN when it was months away from bankruptcy. His wife shipped a mattress to the office and told him not to come home until he had a plan to break even.
Some of what he told me:
• "All success is unique, but all failures rhyme."
• The most dangerous people in a company are competent but not mission aligned.
• Meetings are a bug in the system.
• The comfortable lies that sink a company are the same ones that sink careers (and countries).
(Shane and guests may hold positions in assets discussed in this episode. Nothing in this conversation should be considered investment advice, financial guidance, or a recommendation to buy or sell any security.)
Jim Simons: "I told him if you lose 30% - stop. if you multiply by 10x - stop. 9 months later he multiplied our money by 10" this is the man behind 66% annual returns explaining how he actually trades
this is him explaining how he went from knowing nothing about investing to building the most profitable trading system in history - and the rules he followed from day one
"I told him: if you lose 30% you stop. if you multiply our money by 10 - you stop. 9 months later he had multiplied our money by a factor of 10. $100,000 became a million"
"we had a tremendous amount of data. a guy would think 'maybe this is a predictive signal', cook it up, back-test it for 10 years. if it was statistically significant it went into the system"
bookmark & watch the full conversation ↓
Warren Buffett is 95, worth around $150 BILLION, and just gave one of his final interviews as the face of the company he turned from a failing textile mill into a $1 TRILLION empire.
- he explains why he just cut off his own "lifetime" donations
59-min of the greatest investor who ever lived, in his own words, near the very end
bookmark & watch - you will not get many more of these
WARREN BUFFETT REVEALS IT WAS HIM THAT ADDED $GOOG TO BERKSHIRE HATHAWAY.
He reveals:
- Why he added Google
- What changed his mind on tech
- Companies he thinks are even better
Great to see Buffett make an appearance and answer these questions.
ESTE DATO TE VOLARÁ LA CABEZA 🤯
De los 48 equipos TODOS los equipos han tenido intervenciones de VAR en su contra durante el Mundial..excepto 1.
Solamente Argentina NO ha sido intervenido por el VAR.
Vaya “suerte”.. INCREÍBLE.
Otra “casualidad” más, pero recuerda, no está manipulado y tienes envidia.
Hicieron una película de 26 minutos con todos los robos de Lionel Messi y su equipo en este Mundial. 😭😭😭😭
El Camino de Argentina hacia la Final - La Película
Liquid AI (@liquidai) CEO Ramin Hasani (@ramin_m_h) says: "We're bringing the cost of tokens to zero."
"The axis was maximizing intelligence at all costs."
Foundation models need to optimize across 3 axes:
1.) Intelligence and capability
2.) Efficiency and cost
3.) Substrate: where the intelligence actually runs
"Efficiency is not an afterthought. Energy is not abundant."
"If you maximize intelligence at all costs, that axis alone is not going to get you to the place that you want to go."
"Efficiency and cost of intelligence as a first-class citizen, and not an afterthought."
"Where does this intelligence system go? AI is majorly getting hosted in data centers, but you could also bring intelligence on phones, on laptops, on airplanes, on cars."
"Imagine if it's not tokens that are actually important. It's just the outcome that actually matters."
"Not just thinking about foundation models as the token machines that are generating money and revenue for the foundation model companies that are useless tokens, and getting them into the place where they can actually unlock true value for enterprises."
🚨 Egypt's Coach:
"I will say this regardless of the consequence, this was clearly a rigged match.
If they want Argentina to win so bad, why call everyone to come and participate?"
Why aren't ESPN Or Fabrizio or any media outlets positing this !?
$MLTX Phase 3 results are out! HiSCR75 >67% Best in Class on the Primary End Point with NO new safety issues... Great news for those not shorting! $100+ in the coming months...
https://t.co/D3iRHHggi1
Lo llaman Netanyahu, pero su verdadero nombre es Milikowski, un asquenazí de Polonia
No creció en las orillas de Jordania, sino en los salones de élite de Nueva York
No representa a un pueblo, representa una maquinaria política, militar e ideológica
Sionista con nombres robados
"Controlamos entre el 60%-70% de la Franja de Gaza, estamos destruyendo toda su estructura, todo el mundo sabe lo que esto significa. Gaza se quedará en ruinas y los habitantes tendrán que migrar porque alli no habrá nada donde vivir en las próximas décadas".
Bezalel Smotrich, ministro de Finanzas de "Israel", habla orgulloso de la limpieza étnica y la destrucción sistemática que perpetran en Gaza, asegurando que el objetivo es hacerla inhabitable para que los palestinos tengan que huir de allí.
En mundo medio normal, después de que un ministro suelte esta barbaridad, tendría que ser detenido inmediatamente por crímenes de lesa de humanidad.
🇱🇧🇮🇱 Asesinato en vivo de un periodista en Líbano
Un periodista fue asesinado en directo mientras transmitía las destrucciones causadas por Israel en el sur de Líbano.
Lo mataron mientras cumplía su trabajo: mostrarle al mundo la barbarie que está ocurriendo.
Israel no solo masacra civiles, también persigue y silencia sistemáticamente a los periodistas para ocultar sus crímenes.
Esto es terrorismo de Estado contra la verdad.
The most famous technology billionaire in Turkey, Erdogan's son-in-law and the founder and head of the "Baykar" corporation, Selçuk Bayraktar, made an interesting programmatic statement about artificial intelligence (AI):
Giant monopolies, trying to control AI technology with hegemonic methods, require enormous computing power, which would consume almost all of the energy resources available to humanity.
These ambitions resemble the pyramids built with sheer brute force, like those gigantic structures that the pharaohs erected to glorify their eternal egos.
Today, global giants are collecting all of humanity's data using hundreds of thousands of processors and gaining disproportionate power.
What we need to do is not focus on the present, but on the future, as we did in our adventure with UAVs and UASs, and achieve a completely new breakthrough by shifting the paradigm instead of following the rules set by others...[...]
Collecting data about the lives of all of humanity in the global monopolies' own data centers, whose sole purpose is to maximize profits, is a treacherous blow to the sovereignty of nations and societies.
One doesn't need to be a prophet to see what this siege will turn into tomorrow.
This is the modern world's decree of voluntary slavery.
That's why, instead of giving our data to the servers of giant global monopolies, we should implement distributed learning and processing architectures.