🇯🇵😂 The most Japanese celebration ever
After Japan’s 2–2 draw against the Netherlands, fans rushed onto Tokyo’s famous Shibuya Crossing to celebrate.
For exactly 40 seconds.
Why? Because the pedestrian light was green.
As soon as it turned red, everyone stopped celebrating and obediently moved back to the sidewalks.
Even in the middle of a spontaneous football celebration, the Japanese still refused to break traffic rules.
What's happening in this country, @nitin_gadkari ji?
You are introducing some fancy mix of fuel every day without any ecosystem support?
Why is there no buy in from insurance companies or manufacturers?
Use of E20 can lead to claims rejection. I don't want to use E20. Do I have a choice at the fuel station?
Why are we being taken for a ride?
Loaded the car with XP100 at last - just to check how the car performs .
167.5 rupees a litre for pure petrol In india !
Day light scam orchestrated by the great @nitin_gadkari !
Nassim Taleb sat down with Daniel Kahneman - two of the sharpest minds on risk ever - and the takeaway was blunt: stop trying to be smart
Kahneman's prospect theory explains why almost nobody can do what Taleb does
We're wired to hate the steady trickle of small losses his strategy needs - even when one huge win more than pays for all of them
So you structure it the other way: tiny safe bets plus a few wild ones, never the comfortable middle.
"You'd rather be antifragile than intelligent - any time."
"Trial and error is really just trial with small error."
"Make your gains in small bites. Take your losses all at once."
~1 hr, free. two legends on risk, prediction, and how to win without forecasting ↓
@jcrajan00 The practice of HUNDI system by the vaishyas (north western India) dates back to thousands of years of community practice. Chettiyars is one of the few business communities in South India.
In India, most people are introduced to new systems through another person.
A bank manager helps update Aadhaar. A mutual fund broker explains insurance. A shopkeeper teaches UPI. A local agent makes the form less frightening.
The West over-indexes on DIY. India has always been mediated.
This is why many digital products fail when they assume the user wants independence. Often, the user does not want independence first. They want assurance. They want someone to say, "This is correct. Click here. Don't worry."
The middleman exists because systems are intimidating, language is confusing, consequences feel expensive, and trust is social.
Good Indian UX often has to replace the middleman.
That means clearer confirmations, human-like guidance, visible trust markers, assisted flows, easy reversibility, and language that reduces fear. The best interface in India is not always the shortest interface. Sometimes it is the one that holds your hand at the right moment.
A product team may think the broker is inefficiency. But ethnographically, the broker is assurance infra.
If you remove him without replacing the trust he provided, the user does not become empowered. They become abandoned.
@Bitcoin_Teddy AI has definitely increased the speed of idea to prototype phase. Something that would have taken a month or so happens in minutes with much more polished UI/UX. Not sure if any enterprise product has been launched in the last one year that was built using AI.
The creator of Linux just publicly called out the AI hype. Word for word.
Linus Torvalds took the stage at Open Source Summit 2026 and said this:
"When I see people saying 99% of our code is written by AI, I literally get angry. Because those same people — I can pretty much guarantee — 100% of their code is written by compilers. But they never say that."
He is not anti AI. The Linux kernel saw a 20% jump in submissions this release because of AI tools. He uses it. He gets it.
His point is something most people are too afraid to say.
AI is a productivity tool exactly like compilers were. Compilers boosted programming by 1000x. AI adds another 10x on top. Enormous. But nobody says "the compiler wrote my code." So why are we saying AI wrote it?
He also flagged something nobody is talking about.
AI is flooding small open source projects with drive-by bug reports. Someone runs a prompt, files a report and disappears when asked for a patch. Maintainers with one or two people are drowning trying to keep up.
"Sometimes AI reports a bug and when you ask for more information the person has done that drive-by and does not even answer your question. That is the real burnout issue."
And his final warning was the sharpest of all.
"People who do not understand the complexity of systems will prompt systems and write processes that will fail."
The AI hype crowd is very loud right now.
Linus has been building real systems for 35 years. When he talks, engineers listen.
Full interview here:
https://t.co/LmXJtvKc4O
India will never produce an NVIDIA, and it has nothing to do with talent. R&D is the purest form of investment, and the central bank has spent decades making investment the dumbest thing you can do with a rupee.
I've been surfing the semiconductor wave for a while now, reading 10-Ks for fun. Spent last month in the Bay Area and the gap between India and the US is not a gap; it's a different universe. Conversations about agentic AI and the next decade of hardware, with my boomer relatives Waymo-ing around SF and self-driving home on Tesla FSD like it's normal. Nobody there thinks any of this is remarkable; they already live in the future.
NVIDIA spends nearly twice as much on R&D as every listed company in India combined. Silicon Motion, the world's leading maker of NAND flash controllers and around since 1995, ploughs 29.7% of revenue back into R&D. Micron runs 10.2%, NVIDIA 9.9%, on revenue bases that dwarf anything we have. India Inc? 0.85% of turnover, and half our listed companies report zero R&D at all.
The easy move is to lambast our promoters and the dhandomaxxing capitalist class, or the foreign MNCs running India as a glorified offshoring unit, or the babus who fund nothing useful. Satisfying. But Wrong. The reason no rational Indian founder pours money into frontier R&D is that there is genuinely no payoff at the end of it. Why?
1. R&D compounds, and compounding punishes laggards. At the edge of science a 1-2% gain is a moat; Intel spent 20+ years performing impossible physics every 24 months because Moore's Law was the business model, and that consistency makes them one of the goated companies of all time even after they got mogged recently. NVIDIA lives the same way today: invent at the limit or cease to exist. If you're 50% behind, no quantum of innovation closes that. You never touch the high end. You stay a mass-market producer of things that already exist. India is precisely there.
2. The supply side is the real thesis, and it's monetary. Two decades of high inflation, high money-printing, high nominal rates. That regime subsidises consumption and taxes patience. R&D is the longest-duration, highest-variance bet on the board; it is the first thing a 8% risk-free rate kills. Frontier R&D only ever gets funded two ways: a psychopathically risk-tolerant capitalist with cheap capital, or a state with Stalin-grade control. The USSR took agrarian peasants to the first man in space in 20 years; China built its own version. India has neither the state capacity, the political will, nor the balance sheet to do that. So nobody does it.
Talent was never the bottleneck. Capital structure was. If you want a SpaceX or a TSMC born here, you need an environment where a conglomerate can deploy $10B and sleep at night: a low-rate regime that makes long-duration investment rational, IP and patent courts that actually function, and policy that doesn't get rewritten every 2-3 years on a minister's whim. Stability is the input. Innovation is the output.
Bay Area versus Bombay, we are several universes apart, and you cannot print your way across that distance; you can only compound your way there, and we've spent years optimising for the opposite. The gap won't be bridged. With luck, it narrows.
LIC comes under the administrative control of the Ministry of Finance.
Its investment in Rajesh Exports is a clear case of fraud.
Thus, not only Dharmendra Pradhan, but N. Sitharaman should also be sacked immediately, and both put under investigation.
LIC was an investor in Vakrangee
LIC was an investor in DHFL
LIC was an investor in IL&FS
LIC was an investor in Satyam
Now
LIC is also an investor in Rajesh Exports,
LIC investment committee should be asked:-
Why do they keep investing in companies that turn out to be FRAUD?