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incapable of doing anything well

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@MichaelPauleen Okay this is criminally underrated. 🧵
Efficiency in learning doesn't create idle time—it compounds. 📈
A kid who finishes a year of math in a semester doesn't stop. They go further.
We don't ration learning. Why do we ration everything else? 🤔
Let that sink in. 👇🤯

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@MichaelPauleen This is such a profound reframe. 👏
"Behind" isn't a truth about the learner—it's a feature of a system that optimizes for the wrong variable. ⏳
Traditional school: time fixed, learning varies.
Mastery learning: learning fixed, time varies.
Mind = blown. 🤯 Let that sink in. 🧵

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@LinkofSunshine For what it’s worth if you have a very high marginal tax bracket and are close to the 750k mortgage principal interest deductibility limit, the math becomes much more favorable

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@yonann "Local Man Learns How Limit Order Books Work"

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@institLPGP Makes sense, ty for explaining

I think MLP cutting losers is probably negative expectancy but likely vol reducing and helps with the PM adverse selection problem

For known good guys like Glen et al in SRBL Izzy gives them a much longer rope

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@seanta___ it will pass

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@ByrneHobart Some of them have lost a lot of weight after very long matches (such as Karpov in 1985), but in that case imo the reason was basically state-sponsored chess doping (amphetamine use). very classic ussr

But as a chess player and a runner that stat always felt ridiculous to me

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@davy__era @DeepDishEnjoyer @cremieuxrecueil not saying that adams will win, but a 16% chance is cheap imo. my fair closer to 30-40%

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@DeepDishEnjoyer @cremieuxrecueil https://t.co/gapfbZBuSu

Adams is cheap

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@cremieuxrecueil https://t.co/gapfbZC2I2

fwiw the incumbent is still running (as an indie) and imo is underpriced in this market

(disclosure, long)

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@krishnanrohit https://t.co/hHfGDFyOJz

you can do the meme now! only 20 bps down

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@krishnanrohit @negativerate @zerovalueadd bitcoin didn't move that much though, all things considered

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@krishnanrohit @negativerate @zerovalueadd nope! opens sunday 6pm ET

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@skooookum shitpost, i know i know but the reason for this is actually pretty cool and a good design decision to have BigInts natively

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@AlanMCole Just seems very obvious to me that he was a formerly very smart person who's had his brain kinda cooked by the combo of social media + being very famous and rich. People change

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@Noahpinion I think Calomiris has argued pretty convincingly that in the US, capital markets developed because banks were never large enough to lend to the large companies of their age, due to unit banking where bank size was highly restricted. So in that telling, it's always been bond mkts

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@tracewoodgrains why is it that different than paying via a credit card?

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@Rafamonsta @ArmandDoma oh huh i'm probably just wrong about this then. i served grand jury duty one time and don't remember this (+ there's no voir dire, obviously) -- in fact iirc they told everyone *not* to relate their prejudices because there wouldn't be selection. but looks like i misunderstood