"Your economic security does not lie in your job; it lies in your own power to produce - to think, to learn, to create, to adapt. That's true financial independence. It's not having wealth; it's having the power to produce wealth". ~Stephen R Covey
It's the 1870s. America is building railroads at a pace the world has never seen.
The men laying the tracks become legends. The railroad barons make the history books.
But the person who gets quietly, structurally rich?
Andrew Carnegie.
Carnegie didn't build the most famous railroad. He owned the steel rail that every railroad required. When demand exploded, he owned the constraint — and the constraint owned the economics.
“Greatness does not come out of intelligence, it comes from character.
Character is not formed out of smart people: it is formed out of people who have suffered.”
— Nvidia CEO, Jensen Huang
The World Cup’s mandatory 3-minute “hydration break” is most devious ad unit inevntion since YouTube’s triple pre-roll back-to-back unskippable ad.
Across 104 matches, FIFA now has 624 minutes (10 hours) of new ad inventory.
That’s total of $500m potential new ad revenue that didn’t exist before (~$400k per 30-second slot).
Hydration breaks in previous year were called if heat/humidity crossed a threshold.
An estimated 200-250 million people watched Brazil vs. Morocco (Super Bowl is 130 million-ish, but still juiciest ad rates at $8m per 30 second spot).
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WSJ says ad range start at $250k (early games) to $750k or more for top-attraction matches (eg US games) for 30-second slot: https://t.co/sTku3obdPR
Nick Sagan talking about his father, Carl Sagan
“He was the best teacher I ever had and from a very early age. And so, you know, you’re a kid and you ask your parents questions, like why is the sky blue, you know? And a lot of parents will say, “Look it up,” or “Shut up, don’t bother me.” And my dad was always willing to engage and tell me what he knew and he would explain things.”
Our Wraith Shield™ software enhancement enables widely fielded radios to do more than communicate, adding AI-enabled sensing and protection against small drone threats.
STEAMY FLORIDA! 🥵 The hottest week of the year so far will lead us right into the official start of Summer on Sunday. Peak heat index this week will range from 105° to even 113°. Could see Heat Advisories issued towards Friday. Stay cool!
Just perfect visualization of the difference between capitalism and socialism
Venezuela used to be twice as wealthy as Chile. Then Chile chose the free market, while Venezuela chose socialism
Now Chile is the wealthiest large country in South America, and Venezuela the poorest