This is such a nice, thoughtful thing to do and I feel it's more common among the older generation. A totally unprompted, sincere letter encouraging someone.
On Holocaust Remembrance Day, I want you to watch this video.
This is the most inspirational video I’ve ever seen.
Regardless of your background, it sends chills.
https://t.co/csLnREKjNI
I'm a left-wing Jew. I've never been to Israel. I've abhorred Netanyahu for years. I've always wanted peace to prevail. And here's how 7/10, yhe war, and the way "peace protestors" have changed the way I see things permanently....
(1)
Every saturday morning for the last 6 years, I watch this obscure video.
It's Jeff Bezos talking about leadership, but really, it's the most succinct blueprint for how to achieve greatness I have ever found.
You should watch it often, but I summarized it here: (thread, sry)
1/
Get a cup of coffee.
In this thread, I'll walk you through a framework that I call "Lindy vs Turkey".
This is a super-useful set of ideas for investors.
Time and again, these ideas have helped me think more clearly about the LONGEVITY of the companies in my portfolio.
29/
As skilled horse race bettors know:
Making money in horse racing is NOT about predicting which horse will win the race.
It's about identifying which horse's *odds* of victory are *most mis-priced* -- and then betting intelligently on such odds.
As Charlie Munger put it:
1/
Get a cup of coffee.
In this thread, we'll explore the question:
As investors, how often should we check stock prices?
To answer this, we'll draw on key ideas and concepts from many different fields -- probability, information theory, psychology, etc.
1/
Get a cup of coffee.
In this thread, I'll walk you through "Gambler's Ruin".
This is a classic exercise in probability theory.
But going beyond the math, this exercise can teach us a lot about life, business, and investing.
It's ready! 🚀🚀🚀🚀🚀
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I've spent 22+ years studying Finance with the last 7 as a CFO, and
I'll teach you everything you need to know about Financial Statements in the next 7 minutes:
The Definitive Thread on FTX
I met SBF before FTX started, and witnessed their rise and fall. I can't stand @nytimes's puff piece.
If anyone wants to know what happened, send them this.
Here’s an incredibly useful set of tools for entrepreneurs.
Penn Law School has a free Startup Kit site with legal documents (for the US), discussion guides, and free tutorials for everything from financing to intellectual property to founders agreements. https://t.co/cBbteDdy5K
Almost the entire European continent is now operating at electricity prices above EUR 600/MWh
This is roughly equivalent to $1000 (!) per barrel of oil
The last decade average cost of electricity was in the EUR 20-30/MWh range
Not sure a few hikes are going to fix the EUR here