Timothy

The Psychology of Human Misjudgment

There are no solutions, only tradeoffs

Information without context is falsely empowering

[Jeffery Mead @the_jefferymead]

Once black people as a whole truly understand that it’s choices, not chains that hold us back..

We will become far better as a people and far better for society.

[Timothy @TimothyBuffett]

@Convertbond @elonmusk I get the point you are trying to make but this is one of the weirdest framings I have ever seen

[Timothy @TimothyBuffett]

@spotgamma Elon just gave another interview talking about how memory is the biggest bottleneck and new supply won't hit for years.... $MU

[Timothy @TimothyBuffett]

@LVpolitic wait till you look into 2020.

[Elon Musk @elonmusk]

Yes, SPLC is a criminal organization

[Gad Saad @GadSaad]

Suicidal Empathy is fuelled by women. She is right.

[Timothy @TimothyBuffett]

$MU and all memory has a while to go.....

[J.P. Morgan @jpmorgan]

Live from our global headquarters: Jamie Dimon and Elon Musk discuss SpaceX and more. https://t.co/WQfJ3j8atX

[J.P. Morgan @jpmorgan]

Live from our global headquarters: Jamie Dimon and Elon Musk discuss SpaceX and more. https://t.co/WQfJ3j8atX

[Bitcoin Teddy @Bitcoin_Teddy]

MARC ANDREESSEN: "We had meetings with the Biden admin where they told us to not even start AI companies because there's no way they'll let them succeed."

JOE ROGAN: "What do you do after a meeting like that?"

MARC ANDREESSEN: "You go endorse Donald Trump."

LMAO

[Timothy @TimothyBuffett]

@EquityBrian Hmmm sounds like someone is talking their book lol

[Timothy @TimothyBuffett]

@TidefallCapital @dbull888 @ariaradnia Yet it is quite valuable and always has been...

[Timothy @TimothyBuffett]

@TidefallCapital @ariaradnia Many ways to look at it.

21 million divided by the total market cap of gold is an easy start.

Then ask if it worth more or less in a world of infinite money printing... etc etc

When I first bought BTC in 2015 I underwrote at least a half million per coin.

[Timothy @TimothyBuffett]

@CapitalObserver Yet, none of them saw the price rising like it did.... Wake up Tsachy! These guys don't know anything more than anyone else.

[Timothy @TimothyBuffett]

@datarade Not the IPO, but I will 100% be buying the company at the right price and im pretty sure ill get it

[Timothy @TimothyBuffett]

@mathlonning Go to Texas or Florida.

[Black Edge @BlackEdgeFund]

Bill Gates on what Warren Buffett's calendar taught him about time:

Bill Gates built his career packing every minute.

As he recalls it: "I had every minute packed and I thought that was the only way you could do things." Then Buffett showed him his calendar, and it changed how Gates thought about time entirely.

Buffett's calendar looked nothing like that.

Whole days sat blank.

Flipping through it, Gates notes: "he has days that there's nothing on." One stretch was almost comically empty. As Gates describes it: "this is the week of April of which there are only three entries for a week." One of those rare entries was simply to file tax, prompting Buffett to joke, "Yeah, there'll be four maybe by April."

Asked what the lesson was, Buffett explains:

"that you control your time and that sitting and thinking may be a much higher priority than a normal CEO who, you know, there's all this demand and you feel like you need to go and see all these people. It's not a proxy of your seriousness that you filled every minute in your schedule."

Then he gets to the part that reframes time as the scarcest asset of all:

"And people are going to want your time. It's the only thing you can't buy. I mean, I can buy anything I want basically, but I can't buy time."

He closes with this:

"And so to have time is the most precious thing you can have. I better be careful with it. There's no way I will be able to buy more time."

[Timothy @TimothyBuffett]

@ariaradnia to be fair, I remember ppl saying the same thing to me when I bought it around 10-20 a share back in 2020 and 2022

[Brad @BradleyKellard]

Elon Musk: "America cannot win on the human front. China has 4x our population and higher work ethic"

"It's not just that there's four times the population, but the amount of work that people put in is higher"

"A pro sports team that's been winning for a very long time tends to get complacent and entitled. That's why they stop winning, because they don't work as hard anymore"

"Frankly, America has been winning for so long that... that's my observation"

"The US birth rate's been below replacement since roughly 1971"

"We're close to more people domestically dying than being born"

"We definitely can't win on the human front"

"But if you start getting to hundreds of millions of units a year of humanoid robots, you're going to be the most competitive country by far"

"we can't win with just humans, because China has four times our population"

"but we might have a shot at the robot front"

[Timothy @TimothyBuffett]

@ZubyMusic In America, being a democrat is highly correlated with this behavior.

[Timothy @TimothyBuffett]

@saylor @TNorth @PunterJeff @AdamBLiv Michael, why not go buy some MSTR on the open market?