vango

¿ Asking better questions. Stravaig at heart. Writing down thoughts on art, philosophy, economics and web3.

[vango @verytey]

@gregisenberg Awaiting news on scholarship program 🙌

[vango @verytey]

@miaannguyen 🤚

[vango @verytey]

@rabois @yagizsozmen @paulg Then what does?

[vango @verytey]

Just imagining @Adele singing #takemetochurch sends chills down the spine. Who's with me?

[Sahil Bloom @SahilBloom]

Every team needs more tugboats.

Tugboats are my favorite. Small, unassuming, and often quite ugly—but capable of pulling massive ships.

Tugboats are the 10X hires at your startup or business.

They aren’t the sexy hire (the yacht)—but they are infinitely more valuable.

[vango @verytey]

@balajis Some would argue that the whole movement is a bourgeois democracy given the barriers of entry for masses. While capital of all forms has gained, the utopian benefits for larger humankind are yet to manifest. Take?

[Nassim Nicholas Taleb @nntaleb]

I have NO respect for someone careless who suddenly becomes "thoughtful" in response to public pressure.
Note: There is $100 million in play as an incentive to be "balanced".

You can care about your conscience or your reputation, not both.

[Balaji @balajis]

The rise and fall.

[vango @verytey]

@ARKInvest Any serious investor/general citizen out there must make an attempt to cover the spectrum of info available, and personal recommendation- listen to the team at @ARKInvest, they put in the work, the least one can do is to go read and understand the data.

[vango @verytey]

While the herd thinks (and believes) there's a bubble in tech, folks at @ARKInvest have found some other realities grounded in research and data rather than media hype. 🧵

[vango @verytey]

@ARKInvest Before anything else, just want to call out the smah hit that has been #Alphabet 's YTD for '21. Well on their way into the USD 2 trillion club

[vango @verytey]

@ARKInvest Hence, that which is reported in the papers/traditional media fails to capture on ground reality and is nothing other than a carefully/mistakenly concocted recipe to manufacture consent and plant misleading fears in the general public.

[vango @verytey]

@ARKInvest 3. Auto behemoths (or could be soon ex-behemoths) such as Ford, GM are making huge announcements about expanding their EV segments (which only represent a minor % of their revenues). This begs the question, what is going to happen when consumer sentiment fully shifts to EV?

[vango @verytey]

@ARKInvest 2. A LOT, I repeat, a LOT is happening in China. The details ofc no one knows better than those inside China but tl;dr the real estate sector is unraveling, Xi's paranoia is making China inward looking and shutting out trade, essentially unwinding gains from capitalism. 👀

[vango @verytey]

@ARKInvest This was buttressed by the relatively lax auto loan sector. They are lax cuz they were not in the epicentre of 2008, so no one really paid any attention.

[vango @verytey]

@ARKInvest Well, there are multiple points to consider here-
1. One segment went absolutely berserk in the past year- the resell value of cars shot up. Suddenly everyone wants to turn their car over.

[vango @verytey]

@ARKInvest Now, if the bubble is not in tech (because seriously please go and take a look at the YoY revenue growth) then is there a bubble at all? If yes, where is it?

[vango @verytey]

@Nameet Here

[vango @verytey]

@heyeaslo @NotionHQ 👋

[vango @verytey]

Govt of India planning to launch a central bank digital rupee in the yr 2022, bringing blockchain tech mainstream.
#budget #india #budget2022 #cbdc #blockchain