Boring_Business
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Abdulrahman Alfozan was the only Saudi employee at OpenAI If the allegations end up being true, would love to know what his motivation was and if he was being propelled to do this by a third party He just made himself completely un-hirable for the rest of his life
Boring_Business163,554 Aufrufe • vor 5 Tagen
![Bill Ackman on the investment process at Pershing Square "We typically have two members of the team do a deep dive on the company. They will start with the SEC filings, 10Ks, 10Qs, and conference call transcripts. Then, we will assemble the key issues we are trying to understand. We spend a fair amount of time on expert networks. We will talk to former employees, other industry experts, and competitors to get to the underlying issues. Then we build a model of the business. We get an assessment of how this pencils and what kind of return does it generate at the price we can buy it for today. Then that team will put together a deck and present it to the group. That two-person team is usually not Ryan [Pershing Chief Investment Officer] or myself. We do our independent assessment to be dangerous enough to ask the right questions. Then we have the balance of the team, another five people, who have not done work on the name. That group comes together to discuss an investment. Out of that meeting, we can make a decision to invest in the company. Or maybe we can say there are still some open issues. Then they will go back and do the work, and come back to the team"](https://image.24vids.com/tw-2106508804393185368/amplify_video_thumb/2106506798668607488/img/ZJG-jlEelAInObSh.jpg)
Bill Ackman on the investment process at Pershing Square "We typically have two members of the team do a deep dive on the company. They will start with the SEC filings, 10Ks, 10Qs, and conference call transcripts. Then, we will assemble the key issues we are trying to understand. We spend a fair amount of time on expert networks. We will talk to former employees, other industry experts, and competitors to get to the underlying issues. Then we build a model of the business. We get an assessment of how this pencils and what kind of return does it generate at the price we can buy it for today. Then that team will put together a deck and present it to the group. That two-person team is usually not Ryan [Pershing Chief Investment Officer] or myself. We do our independent assessment to be dangerous enough to ask the right questions. Then we have the balance of the team, another five people, who have not done work on the name. That group comes together to discuss an investment. Out of that meeting, we can make a decision to invest in the company. Or maybe we can say there are still some open issues. Then they will go back and do the work, and come back to the team"
Boring_Business376,608 Aufrufe • vor 15 Tagen
One of the most significant moments from the Trump Davos speech was when he said the quiet part out loud You cannot lower housing costs for young people without destroying millions in wealth for boomers "Every time you make it more affordable for somebody to own a house cheaply, you are actually hurting the value of those houses. I don't want to do anything to hurt the value of their house. If I wanted to crush the housing market, I could do that so fast that people could buy houses. But you would destroy people who already have houses." Our politicians are sacrificing people in their 20s and 30s for the prosperity of boomers Let that sink in
Boring_Business6,685,181 Aufrufe • vor 8 Monaten
This is the type of person you have to be to get hired at Citadel Ken Griffin once asked a Harvard graduate with a Citadel offer letter what he would do if he had $10 million in his bank account The young man replied that he would quit his job to travel and climb the highest peaks around the world Ken Griffin responded by saying that Citadel was not the right fit for him
Boring_Business2,151,574 Aufrufe • vor 5 Monaten
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Woman says that she wants a man > minimum height of 6’2 > a job with no earnings cap (corporate jobs making $150K not enough) > only takes business class flights > in shape and works out regularly If you do a quick AI search and also filter for men who are single, this describes roughly 0.1% of the population The most obvious societal outcome is her sharing this man with other women
Boring_Business5,433,986 Aufrufe • vor 1 Jahr
Proof that a lot of corporate work environments are just adult daycares in disguise
Boring_Business3,646,803 Aufrufe • vor 10 Monaten
This 2011 lecture from Jensen Huang at Stanford University will teach you more about business than a 2 year MBA
Boring_Business2,421,375 Aufrufe • vor 9 Monaten
Former Goldman Sachs CEO Lloyd Blankfein on hiring students from non Ivy league and prestigious schools "The average will be higher at these great schools, and certainly the bottom quartile will be higher. But if you look at the tippy-top of Harvard and the top of the University of Minnesota, they will be at least as good. Maybe better"
Boring_Business2,399,998 Aufrufe • vor 9 Monaten
This was an eye opener from Jensen Huang When asked whether he would rather relive his 20s or be 20 years old today, this is what he had to say: "I thought our 20s were happier than these 20s. I think everyone deserves some time to be oblivious, and not wear all of the world's problems on their shoulders on Day 1 We are raising a generation that is very cynical and too informed They are cynical, not because they are inherently cynical. They are cynical because they see so much stuff. It is too much stuff You have to build up some internal reserve of optimism. You have to build up some reserve of goodness."
Boring_Business2,030,396 Aufrufe • vor 8 Monaten
Bill Ackman: "One thing I believe is that the private equity, venture capital and real estate portfolios are mismarked" Ackman on Harvard and Yale endowment's exposure to private equity and VC. One of the best clips I have seen From his recent interview at University of Austin
Boring_Business4,036,610 Aufrufe • vor 1 Jahr
