Cricket, stocks and anything else that interests me. Stock broker & Portfolio manager by day.Expressing my own opinions-obviously! RT ≠endorsement.South African
In this experiment, Dr Rob Thompson from the University of Reading shows how long it takes a cup of water to soak into parched ground.
This is why heavy rainfall after a drought can be really dangerous & might lead to flash flooding.
Stock price can be a very powerful driver of narratives.
Interestingly, the stock market is the only place where people get excited when prices go up and stressed when they drop.
Don’t let stock price fool you.
Stock prices and business fundamentals can diverge in the short term. Over the long term, they always follow fundamentals.
🚨 THE MEMORY CARTEL IS ABOUT TO FALL.
Ex-Samsung chip boss says heavy Chinese investment in the memory market could crush the 414% DDR5 price spike within a year.
Goldman calls it RAMageddon.
Samsung, SK Hynix, and Micron control 70% of global DRAM and pushed prices from $6.84 to $27.20 in 3 months.
Now China is gearing up to flood the market.
Cheap memory = cheap AI compute = the cartel cracks.
@TeamYouTube Ok, thanks. Bit more complicated.
I had a student email address which after I graduated was discontinued. The subscription is linked to that. So want to migrate music playlists etc to a new email address.
Please can we message privately ?
@TeamYouTube hi.
Need to find out how to move from an old email add to a new one. Currently subscribed to the full deal, music etc.
thanks
Want to keep playlists etc too please
In 458 BC, Rome was on the brink of collapse.
An invading army had trapped the Roman consul and his legion in a mountain pass. Panic spread through the city. The Senate did the only thing they could think of:
They sent messengers to find a 60-year-old farmer plowing his field.
His name was Lucius Quinctius Cincinnatus. He had once been a senator, then lost his fortune paying his son's bail. Now he worked his own four-acre plot just to feed his family.
When the Senate's envoys arrived, they found him sweating behind a plow. They asked him to put on his toga so they could deliver an official message.
The message: Rome was making him dictator. Absolute power. Total command of the army. No checks. No oversight. No term limit.
He accepted.
Within 16 days, Cincinnatus had raised an army, marched out, surrounded the enemy, and forced their surrender. The republic was saved.
He had legal authority to rule for six months. He could have stayed. He could have expanded his power. He could have done what every other ruler in human history did when handed unlimited control.
Instead, he resigned on day 16.
He took off the toga, walked back to his farm, and finished plowing the field he'd left half-done.
Twenty years later, when Rome faced another crisis, they called him back. He was 80 years old. He took command, crushed the conspiracy, and resigned again, this time after just 21 days.
He died poor. On his farm.
2,200 years later, when George Washington was offered a kingship after winning the American Revolution, he refused and went home to Mount Vernon. The reason he was hailed as "the American Cincinnatus" is because Europeans literally could not believe a man who had won would willingly give up power.
King George III, on hearing Washington would resign rather than rule, said: "If he does that, he will be the greatest man in the world."
The lesson isn't that Cincinnatus was humble.
The lesson is that for most of human history, the people most qualified to lead were the ones who didn't want to. And the moment a society starts rewarding those who chase power instead of those who flee from it is the moment the republic begins to die.
Cincinnati, Ohio is named after him.
Most people who live there have no idea why.
JUST IN: USS GERALD FORD DEPARTING AND HEADING BACK TO U.S.
Reports of the USS Gerald R. Ford carrier strike group departing the Mediterranean through the Strait of Gibraltar and reportedly heading back to the U.S.
Marc Andreessen says Elon Musk runs 120 design reviews a day in 5-minute slots.
He does this while running six different companies at once.
Andreessen says Elon maps each company as a production process.
Each process has one bottleneck — the single thing slowing it down.
Elon finds the engineer working on that bottleneck and sits with them until it's fixed.
He does this at Tesla 52 times a year. Personally.
"There's no CEO like this."
Most CEOs run their companies through a wall of middle managers.
Andreessen watched IBM collapse under that model.
Inside IBM, they had a name for the failure mode: the "Big Gray Cloud."
It was the traveling court of suited men who kept the CEO away from engineers.
After 12 layers of compounding lies, the CEO had no idea what was happening.
Elon's method is the polar opposite.
Design review math:
- 5 minutes per engineer
- 12 reviews per hour
- 10 hours per day
- 120 reviews per day
An engineer described working for him as entering "a zone of shocking competence."
On sustaining it, Elon's rule is:
"I don't take vacations."
What's the one weekly bottleneck in your work that nobody's fixing?
If you're new here, @GeniusGTX is a gallery for the greatest minds in economics, psychology, and history. Follow along for more similar content.
P.S. I made a free toolkit breaking down 100+ mental models used by history's greatest thinkers.
5,000+ downloads. 113 five-star reviews.
Grab your free copy here: https://t.co/u2q1uUm9vD
— Marc Andreessen ( @pmarca ), co-founder of a16z, on David Senra's ( @FoundersPodcast ) podcast
$AMZN CEO Andy Jassy: The faster we grow the more AI infrastructure we gonna need, free cash flow is gonna be impacted in the short term but long term looks good