Sri

lim i→c + ultra. Founder Sugarcube

[Sri @sriag]

@_RikenShah Excellent article. Liked the measurement process and optimizations done at multiple layers of the stack: DB, app, and system level. Many times observability is overlooked but you integrated it seamlessly. Nicely done. Looking forward to the observability post.

[Paul Graham @paulg]

A huge policy mistake in one graph.

[Massimo @Rainmaker1973]

A 360° camera view from the top of Mt Everest

[source: https://t.co/ddKfycJ55a]

[Trung Phan @TrungTPhan]

The state of AI, explained

[Sri @sriag]

@BillOCo21173809 @Wealthfront Everything looks back to normal.

[Sri @sriag]

@BillOCo21173809 @Wealthfront The app wont get past login, but the website allows login and shows $0.. pretty terrible to see that. Will check tomorrow.

@Wealthfront should have put up a maintenance page and notified everyone beforehand.

[Sri @sriag]

@WatchTimTweet @Megan62513427 @VivekGRamaswamy Not sure where you are getting your information from..

The CRS Report 'Systemically Important or “Too Big to Fail” Financial Institutions' (Sept. 2018) goes into all the details: https://t.co/H7liVT3vZz

[Sri @sriag]

@WatchTimTweet @Megan62513427 @VivekGRamaswamy SVB's credit rating was threatened to be downgraded by Moody's in Q3/Q4 2022 due to book losses. This led to an attempt to raise capital which failed triggering the bank run.

[Sri @sriag]

@WatchTimTweet @Megan62513427 @VivekGRamaswamy Under Dodd-Frank if a bank is too risky: regulators can increase supervision, increase capital requirements, restrict activities, cease and desist orders..

The asset level for increased scrutiny was repealed in 2018 from over $50B to over $250B, exempting many banks incl. SVB.

[Sri @sriag]

@Bfaviero CDARS / IntraFi has $140M+ FDIC insurance

https://t.co/nAOEwztTHJ

Hearing of other cash sweep methods but this seems less risky and resilient against a bank or two going under

[Noah Smith 🐇🇺🇸🇺🇦🇹🇼 @Noahpinion]

@LeonDee1 Atlas Shrugged is a fantasy book about a world where a few competent people are responsible for getting everything done. Reality is where most people are competent, but they've created a system that disallows them from using their own competence.

[Joe Pompliano @JoePompliano]

This is how Chicago turns their river green for St. Patrick's Day.

They have a "secret recipe" for the dye and use boats to spread it —  the bigger boats dump 40lbs of the dye in the river & the smaller boats mix it up.

It stays green for 24 to 48 hours.

[Sri @sriag]

@FreightAlley Ah in the first minute of the clip .. overnight treasuries

[Sri @sriag]

@FreightAlley Does the sweep account have partner institutions or use another mechanism?

If the former what happened when you tried to contact the partner institutions directly?

If the latter mind explaining what it is?

[vids that go hard @vidsthatgohard]

After you defeat all the lunch table beatboxers, this is the final boss 🥁