Magellan

[Magellan @magellan292]

Persistence is the key difference between success and failure, according to John Danaher.

https://t.co/bXs3tbrC4C

[Magellan @magellan292]

@logicalcrack I have no clue

[Magellan @magellan292]

@Hribson Many such cases. Only one solution. He is calling you, Will.

[Magellan @magellan292]

@cptdankkk @chamath The only solution to this problem.

[Magellan @magellan292]

@real_bill_gross Positive reinforcement is one hell of a drug.

[Magellan @magellan292]

@robinhanson @WillManidis …Thomas Edison, Benjamin Franklin, Marie Curie, Richard Feynman

[Magellan @magellan292]

@AggieCapitalist Short-term seems more inefficient (more emotion, herding, viral) but also harder to profit from because large quant funds hoard talent, data, math and compete on short-term returns.

Long-term hasn’t changed because human nature hasn’t changed.

[Magellan @magellan292]

@paulg Clearly you haven’t met my father.. the only person I’ve ever met that wishes he spent more time at work (and he was a workaholic)

[Magellan @magellan292]

@DylanoA4 Just my opinion but this book mistakes complexity for depth. His insistence on the body as the sole ground of perception narrows rather than expands our understanding of consciousness / human experience.

[Magellan @magellan292]

@markmulroney Mark, any chance the Governor General acts unilaterally to recall parliament?

[Magellan @magellan292]

@plaffont @pmarca

[Magellan @magellan292]

@AlexanderSoros @KamalaHarris @DanielSLoeb1

[Magellan @magellan292]

@sleepydragon01 @EarlyRetiree_SA Good point. Remember, BoA analyst (Jessica) was hosting Netflix earnings calls for a long time and had a $30 PT on PARA based on net asset value (as did Wells Fargo) not too long ago.

[Magellan @magellan292]

On Skydance-Paramount:

1. Big Tech has now completed their takeover of media. Amazon, Apple, Google, (Meta), Oracle.. Be careful what you wish for.

2. It's strange to see someone as rich as Larry steal so much from peasants. Shoutout to @jtoonkel for Skydance #'s

$PARA

1/

[Magellan @magellan292]

5. Morgan Stanley downgraded $PARA to $9 the day before earnings on two occasions. The first time, PARA surprised to the upside by accelerating DTC profitability. Why downgrade the day before positive earnings? They were also first to ask Ellison a question yesterday. Hmm...

3/3

[Magellan @magellan292]

3. If this is the end, Shari is obviously a cunt and proved that bribery pays. She had the audacity to give a commencement speech on moral leadership one month ago. Forget about the peasant B holders.. what about her employees?

4. Bob Bakish should go public with his story.

2/

[Magellan @magellan292]

@AnalystEgg @SkiGuy1818 Both of you seem to be missing my point. If the failing firm defense can be used by PARA in the event of a WBD merger, that’s a good thing for longs.

[Magellan @magellan292]

At what point does $PARA meet the criteria of a failing firm?

Was the failed Skydance transaction a good faith effort to find an alternative purchaser who would pose a less severe danger to competition than, say, $WBD ?

1/

[Magellan @magellan292]

@SkiGuy1818 Did you read my entire tweet or nah

[Magellan @magellan292]

Sentiment on this name has arguably never been worse. Everyone is writing the company's obituary.

Bottom?

4/4

[Magellan @magellan292]

Paramount can perform a tax-free spin-off at the end of the year.

Someone like WBD can propose an all-stock merger and use the failing firm defense + tax-free divestiture of the studio (to Skydance? Netflix?) to appease regulators / courts.

3/