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“The defense industrial base is rotted out so badly." "Think about the incentive structures over the last three decades. If you're Lockheed and I'm your supplier, and you're on cost-plus, you're incentivized to have me charge you more for a component. And if you're the tier-two supplier to me,... show more

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Lina Khan: "The holy grail for companies for a long time has been the ability to charge each person what their willingness to pay is. If you're really hungry for lunch, maybe they'll charge you 10 bucks for a burger, but if you're not that hungry, maybe they'll charge you three bucks... Now there's so much data collected about individual people that there is a serious worry that companies will be able to do this. And actually Delta Airlines just announced on their earnings call that they're gonna start using some of these algorithms to price some of their tickets. And so imagine a world in which you have the death in the family. You have to go home for a funeral. And they know that through scraping your email that is announcing when the service is gonna be, they know you're in a tight spot. So you're gonna be charged much more because of that." Watch the full Lina Khan Episode of Lemonade Stand here:

Lina Khan: "The holy grail for companies for a long time has been the ability to charge each person what their willingness to pay is. If you're really hungry for lunch, maybe they'll charge you 10 bucks for a burger, but if you're not that hungry, maybe they'll charge you three bucks... Now there's so much data collected about individual people that there is a serious worry that companies will be able to do this. And actually Delta Airlines just announced on their earnings call that they're gonna start using some of these algorithms to price some of their tickets. And so imagine a world in which you have the death in the family. You have to go home for a funeral. And they know that through scraping your email that is announcing when the service is gonna be, they know you're in a tight spot. So you're gonna be charged much more because of that." Watch the full Lina Khan Episode of Lemonade Stand here:

More Perfect Union

171,665 views • 1 year ago

.Marc Andreessen 🇺🇸's recipe for a great founder: two traits and one choice. The traits: intellect and energy. The choice: courage. Courage is pain tolerance. “A huge amount of what people have to do is just get used to getting punched. And the reason people don't understand this is because when you're a founder, you cannot let on that this is happening because it will cause people to think that you're weak, and they'll lose faith in you. So you have to pretend that you're having a great time when you're dying inside.”

.Marc Andreessen 🇺🇸's recipe for a great founder: two traits and one choice. The traits: intellect and energy. The choice: courage. Courage is pain tolerance. “A huge amount of what people have to do is just get used to getting punched. And the reason people don't understand this is because when you're a founder, you cannot let on that this is happening because it will cause people to think that you're weak, and they'll lose faith in you. So you have to pretend that you're having a great time when you're dying inside.”

a16z

274,486 views • 11 months ago

Watters: If we gerrymander and they gerrymander, we have a 20 seat advantage. We have a supreme court 6-3 majority. Just the way the geography is in the senate, you're always good to have more advantages for Republicans that way. If you can lock this in with what they are trying to do, the democratic party is screwed and that's what we've been trying to accomplish for the last three decades. That's what they have been trying to do to us

Watters: If we gerrymander and they gerrymander, we have a 20 seat advantage. We have a supreme court 6-3 majority. Just the way the geography is in the senate, you're always good to have more advantages for Republicans that way. If you can lock this in with what they are trying to do, the democratic party is screwed and that's what we've been trying to accomplish for the last three decades. That's what they have been trying to do to us

Acyn

861,657 views • 1 year ago

“I'm coming from a regime, from a dictatorship. Cuba is a dictatorship, and I'm feeling the same fear that I used to feel in Cuba…they have so many things similar to what we're seeing here. For example, you cannot speak out. If you say something, you are the problem. If you have another point of view, you are the problem. You can be persecuted and here, you're persecuted and you're even deported….”

“I'm coming from a regime, from a dictatorship. Cuba is a dictatorship, and I'm feeling the same fear that I used to feel in Cuba…they have so many things similar to what we're seeing here. For example, you cannot speak out. If you say something, you are the problem. If you have another point of view, you are the problem. You can be persecuted and here, you're persecuted and you're even deported….”

Acyn

47,784 views • 6 months ago

This is actually extremely seriously Glenn Beck “The medical thing that they just passed in Washington state. They passed it, and the governor has signed it, and basically it says if there's an immediate medical emergency, we can do whatever we want to. You now, remember, this is the state that was talking about building little internment camps for people who wouldn't get vaccinated last time” “If you think that they won't do that, you're out of your mind. You're crazy. And so it says if the governor decides that there is a medical emergency, statewide emergency, I love this one, ‘based on scientific experts’ they will dictate what happens to every individual, what you have to get. If scientific experts tell you have to take this, you will be forced to take that.“ “If you're living in Washington state, may I just say. Get the hell out now. The entire state. Get out of the state, and I'm dead serious on that. You're living in a state that has gone absolutely insane.”

This is actually extremely seriously Glenn Beck “The medical thing that they just passed in Washington state. They passed it, and the governor has signed it, and basically it says if there's an immediate medical emergency, we can do whatever we want to. You now, remember, this is the state that was talking about building little internment camps for people who wouldn't get vaccinated last time” “If you think that they won't do that, you're out of your mind. You're crazy. And so it says if the governor decides that there is a medical emergency, statewide emergency, I love this one, ‘based on scientific experts’ they will dictate what happens to every individual, what you have to get. If scientific experts tell you have to take this, you will be forced to take that.“ “If you're living in Washington state, may I just say. Get the hell out now. The entire state. Get out of the state, and I'm dead serious on that. You're living in a state that has gone absolutely insane.”

Wall Street Apes

1,260,108 views • 1 year ago

Trump goes on unintelligible rant: “Google, nobody called from Google. One of the things like doing a show like yours, your show, you know, you see it on Fox, but when you really see it is all over the place, they take clips of your show that you're doing right now with me and if I do a good job, they're gonna vote for me, they're gonna vote for me because it's not just on Fox, it's on Fox is a smaller part of it. You're on all over this, those little beautiful cell phones you're on, you're all over the place. You have a product, you have a great product. You have a great brand. So you have to get out, you have to get out, you have to do things like your show and other shows and Google has been very bad. They've been very irresponsible and I have a feeling that Google is gonna be close to shut down”

Headquarters

2,693,912 views • 2 years ago

Jordan Peterson: "If you're competent and silent you will be ignored." "You might think well people should reward you because you're competent. And yes of course they should. But if you're competent and silent then you're just part of the background that's keeping everything functioning" On why you cannot negotiate from a position of weakness: "If you want to push your career forward you have to push it forward. You have to be competent and you have to be strategic" "To be strategic when you negotiate for a new position or a new salary you have to be able to say if you don't give me what I want then something you don't like will happen to you" "It's not a physical threat. It's that you have an option" "You have your CV in order. You're educated and competent and desirable to people outside of your immediate job. You're willing to instantly put yourself on the job market" "So that when you go talk to the person you're negotiating with you're credible" On the one thing most people completely miss about negotiation: "It's very seldom that you're talking to the person who's at the top of the pecking order. What you need to do is tell them a story that they can tell to their boss to make you not a problem" "A good story is look we really need this person because they're hyper competent and they have a better offer" "If you go in there with no power you're going to lose. Obviously" He concludes with the one thing every competent person needs to hear: "The first thing you need to know if you're going to negotiate is that you have to be able to say no. And what no means is that you're not going to do it"

Jordan Peterson: "If you're competent and silent you will be ignored." "You might think well people should reward you because you're competent. And yes of course they should. But if you're competent and silent then you're just part of the background that's keeping everything functioning" On why you cannot negotiate from a position of weakness: "If you want to push your career forward you have to push it forward. You have to be competent and you have to be strategic" "To be strategic when you negotiate for a new position or a new salary you have to be able to say if you don't give me what I want then something you don't like will happen to you" "It's not a physical threat. It's that you have an option" "You have your CV in order. You're educated and competent and desirable to people outside of your immediate job. You're willing to instantly put yourself on the job market" "So that when you go talk to the person you're negotiating with you're credible" On the one thing most people completely miss about negotiation: "It's very seldom that you're talking to the person who's at the top of the pecking order. What you need to do is tell them a story that they can tell to their boss to make you not a problem" "A good story is look we really need this person because they're hyper competent and they have a better offer" "If you go in there with no power you're going to lose. Obviously" He concludes with the one thing every competent person needs to hear: "The first thing you need to know if you're going to negotiate is that you have to be able to say no. And what no means is that you're not going to do it"

Brad

34,992 views • 28 days ago

Do Non-Profits Kill Ambition? Ben Merkle : If you're a for-profit business, you have this really hard, cruel, objective scoreboard that you must, you must score on. Or you must close down and go away. And I think that nonprofits, because you've removed that scoreboard -- what is the mission? Well, it becomes more and more about the replication of yourself. The replication of yesterday. When you're tuned to compete, then you're tuned to take risk. Risk-taking becomes really important because that's the only way you get ahead. But if you're simply tuned to survive, then you become super risk averse.

Do Non-Profits Kill Ambition? Ben Merkle : If you're a for-profit business, you have this really hard, cruel, objective scoreboard that you must, you must score on. Or you must close down and go away. And I think that nonprofits, because you've removed that scoreboard -- what is the mission? Well, it becomes more and more about the replication of yourself. The replication of yesterday. When you're tuned to compete, then you're tuned to take risk. Risk-taking becomes really important because that's the only way you get ahead. But if you're simply tuned to survive, then you become super risk averse.

Canon Press

13,096 views • 11 months ago

ex-Amazon VP (Ethan Evans): "One of the hardest things for people to understand is I've identified a legitimate weakness in my boss. I go to my skip. Why doesn't he do something? Well, if you come to me with a weakness in one of my employees, there is subconsciously this process that goes on that says, I have two choices. I can believe that you're overly sensitive and high maintenance. In which case, I don't really have a problem. You are the problem. And you know, you're two levels down for me. So if you quit, well, the manager has to do the backfill. And I can tell the manager, you know, Ryan was here. He said this, that and the other. Maybe you can work with him. And that's exactly what you don't want is me ratting you out. But I can make it my manager's problem. On the other hand, if I agree with you and I'm like, you know what, this manager I have really isn't that good. Now I have three problems. This is really bad for me. One, I have to decide what to do with my manager. Maybe I have to manage them out. Two, if I do manage them out, I have to hire and train somebody else. And three, while they're gone, I have to do all their work myself. So you can see why, even if it's subconscious, I have a lot of reasons not to listen "

ex-Amazon VP (Ethan Evans): "One of the hardest things for people to understand is I've identified a legitimate weakness in my boss. I go to my skip. Why doesn't he do something? Well, if you come to me with a weakness in one of my employees, there is subconsciously this process that goes on that says, I have two choices. I can believe that you're overly sensitive and high maintenance. In which case, I don't really have a problem. You are the problem. And you know, you're two levels down for me. So if you quit, well, the manager has to do the backfill. And I can tell the manager, you know, Ryan was here. He said this, that and the other. Maybe you can work with him. And that's exactly what you don't want is me ratting you out. But I can make it my manager's problem. On the other hand, if I agree with you and I'm like, you know what, this manager I have really isn't that good. Now I have three problems. This is really bad for me. One, I have to decide what to do with my manager. Maybe I have to manage them out. Two, if I do manage them out, I have to hire and train somebody else. And three, while they're gone, I have to do all their work myself. So you can see why, even if it's subconscious, I have a lot of reasons not to listen "

Ryan Peterman

1,249,069 views • 4 months ago

Obsession is one of the best bases for a founder If you're currently obsessed with a problem and you're building to fix it, Base Batches 002 can guide you and help get you funded. More info in 🧵

Obsession is one of the best bases for a founder If you're currently obsessed with a problem and you're building to fix it, Base Batches 002 can guide you and help get you funded. More info in 🧵

Base Build

18,611 views • 10 months ago

Former NBA star Gilbert Arenas says women should be ashamed if they aren't contributing financially or making their man’s life easier “The idea of this is what attracts you to get what I want, it's just prostitution in a sense. But at some point, I don't want you. You're not an equal. You're just a taker. You're not making my life easier. You're making it harder” “If you are a stay at home wife or girlfriend, then you need to understand what that means. When I come home, is the house clean and the suitcase packed? Are the clothes clean and folded? Do your part to make the entity's life easier. That is the point” “If you're not going to put into making money with me, helping me make money, working with me, or working for me. If I have an assistant, as a woman you should be ashamed of yourself. If your NBA husband, your CEO husband, whatever the fuck he is, has an assistant and that's not your fucking job, nah” “Women, if this what you say when someone says, ‘Hey, what do you bring?’ and you say, ‘I bring the table,’ get the fuck out. I have a table, all the fucking chairs, I have the food. Now what do you bring?” “There are eight billion people in the world. As a woman, I don't need you to say, ‘I can't afford that.’ If you can't afford it, find a dude who wants to pay all your bills. I'm looking for someone who wants to be equal because equal means I'm going to treat you equal” “If I'm paying all your bills, you really have no value to me and I'm going to keep fucking whoever I want to fuck. You have no rules over me. Now, if we’re 50-50 you are valued, which means I'm not going to jeopardize this for that”

Former NBA star Gilbert Arenas says women should be ashamed if they aren't contributing financially or making their man’s life easier “The idea of this is what attracts you to get what I want, it's just prostitution in a sense. But at some point, I don't want you. You're not an equal. You're just a taker. You're not making my life easier. You're making it harder” “If you are a stay at home wife or girlfriend, then you need to understand what that means. When I come home, is the house clean and the suitcase packed? Are the clothes clean and folded? Do your part to make the entity's life easier. That is the point” “If you're not going to put into making money with me, helping me make money, working with me, or working for me. If I have an assistant, as a woman you should be ashamed of yourself. If your NBA husband, your CEO husband, whatever the fuck he is, has an assistant and that's not your fucking job, nah” “Women, if this what you say when someone says, ‘Hey, what do you bring?’ and you say, ‘I bring the table,’ get the fuck out. I have a table, all the fucking chairs, I have the food. Now what do you bring?” “There are eight billion people in the world. As a woman, I don't need you to say, ‘I can't afford that.’ If you can't afford it, find a dude who wants to pay all your bills. I'm looking for someone who wants to be equal because equal means I'm going to treat you equal” “If I'm paying all your bills, you really have no value to me and I'm going to keep fucking whoever I want to fuck. You have no rules over me. Now, if we’re 50-50 you are valued, which means I'm not going to jeopardize this for that”

dank

80,148 views • 2 months ago

Matt Damon says his agent told him he had a 5% chance for Good Will Hunting and was only there to fill the slot Matt :"Patrick called me out of the blue and he said I'm telling you right now you have a 5% chance at best of getting this movie" "They're screen testing in Memphis and they've got three girls that they're screen testing and they only have two guys. If you go to the airport right now and get on a plane and fly to Memphis you're going to be the third guy" "you have almost no chance and you're just filling in and I'm like great just put me in and get me on the field. So I flew down there and it was Edward Norton, Balthazar Getty, and me. Edward had just beaten everybody out in LA for Primal Fear"

Matt Damon says his agent told him he had a 5% chance for Good Will Hunting and was only there to fill the slot Matt :"Patrick called me out of the blue and he said I'm telling you right now you have a 5% chance at best of getting this movie" "They're screen testing in Memphis and they've got three girls that they're screen testing and they only have two guys. If you go to the airport right now and get on a plane and fly to Memphis you're going to be the third guy" "you have almost no chance and you're just filling in and I'm like great just put me in and get me on the field. So I flew down there and it was Edward Norton, Balthazar Getty, and me. Edward had just beaten everybody out in LA for Primal Fear"

CreativeDude

550,652 views • 1 month ago

Box CEO Aaron Levie's defense of software over vibe-coded, n-of-1 internal tools: "If you're Ford, and you're doing your supply chain on an ERP system, you want that to work the exact same way every single time." "The billions of transactions going through that ERP system, you cannot take for granted. So the idea that you're going to go vibe-code that is not possible, or at least not likely." "The other point is: your company has a fixed amount of IT resources. And you have to decide what you're going to spend your time on as an organization." "Do you want to spend time on rebuilding something that the market can supply you, that's seen best practices thousands of times? Or do you want to go and build that out with your n-of-1 experience?" "Or do you want to spend your limited, scarce resources on building software, and building experiences, that will make you more money, and that will actually be used by your customers?" "I think on the margin the average enterprise is going to spend their time and energy on the latter." "I'm 100% bullish on vibe-coding, 100% bullish that we're going to have 100x more software. But that still doesn't cross the threshold where I would want to go build our own CRM system."

Box CEO Aaron Levie's defense of software over vibe-coded, n-of-1 internal tools: "If you're Ford, and you're doing your supply chain on an ERP system, you want that to work the exact same way every single time." "The billions of transactions going through that ERP system, you cannot take for granted. So the idea that you're going to go vibe-code that is not possible, or at least not likely." "The other point is: your company has a fixed amount of IT resources. And you have to decide what you're going to spend your time on as an organization." "Do you want to spend time on rebuilding something that the market can supply you, that's seen best practices thousands of times? Or do you want to go and build that out with your n-of-1 experience?" "Or do you want to spend your limited, scarce resources on building software, and building experiences, that will make you more money, and that will actually be used by your customers?" "I think on the margin the average enterprise is going to spend their time and energy on the latter." "I'm 100% bullish on vibe-coding, 100% bullish that we're going to have 100x more software. But that still doesn't cross the threshold where I would want to go build our own CRM system."

TBPN

384,058 views • 6 months ago

Box CEO Aaron Levie's defense of software over vibe-coded, n-of-1 internal tools: "If you're Ford, and you're doing your supply chain on an ERP system, you want that to work the exact same way every single time." "The billions of transactions going through that ERP system, you cannot take for granted. So the idea that you're going to go vibe-code that is not possible, or at least not likely." "The other point is: your company has a fixed amount of IT resources. And you have to decide what you're going to spend your time on as an organization." "Do you want to spend time on rebuilding something that the market can supply you, that's seen best practices thousands of times? Or do you want to go and build that out with your n-of-1 experience?" "Or do you want to spend your limited, scarce resources on building software, and building experiences, that will make you more money, and that will actually be used by your customers?" "I think on the margin the average enterprise is going to spend their time and energy on the latter." "I'm 100% bullish on vibe-coding, 100% bullish that we're going to have 100x more software. But that still doesn't cross the threshold where I would want to go build our own CRM system."

Box CEO Aaron Levie's defense of software over vibe-coded, n-of-1 internal tools: "If you're Ford, and you're doing your supply chain on an ERP system, you want that to work the exact same way every single time." "The billions of transactions going through that ERP system, you cannot take for granted. So the idea that you're going to go vibe-code that is not possible, or at least not likely." "The other point is: your company has a fixed amount of IT resources. And you have to decide what you're going to spend your time on as an organization." "Do you want to spend time on rebuilding something that the market can supply you, that's seen best practices thousands of times? Or do you want to go and build that out with your n-of-1 experience?" "Or do you want to spend your limited, scarce resources on building software, and building experiences, that will make you more money, and that will actually be used by your customers?" "I think on the margin the average enterprise is going to spend their time and energy on the latter." "I'm 100% bullish on vibe-coding, 100% bullish that we're going to have 100x more software. But that still doesn't cross the threshold where I would want to go build our own CRM system."

TBPN

34,529 views • 6 months ago

a former quant PM at Tudor Investment Corp and Moore Capital, two of the most legendary hedge funds ever built. on the trap he's watched destroy traders over and over again: "you can go out there and sell options for the premium and make money 99 days out of 100." "and for 98 of those 99 days, you're sure you're brilliant. you've come up with something totally new." "you don't make much money every day, but you make it every day. so all you need to do is multiply your size by 10,000 and you're going to get rich because it makes money every day." "you think you've cracked the code. you haven't cracked the code." "what you've done is you've compressed your risk. you've traded a half percent gain every day for a 150% loss on the 99th day." "when you average that over years, you're going to be a loser. but on the way up, you get paid." "year one, you get paid. year two, you get paid. year three, you lose more than you made in the last two. maybe you get fired. you go to another shop and do the same thing over again." this is the most common failure in systematic trading. a strategy that wins almost every day feels great, but often it's a time bomb with a fuse you can't see. if your equity curve looks too smooth to be true, you probably found tail risk.

a former quant PM at Tudor Investment Corp and Moore Capital, two of the most legendary hedge funds ever built. on the trap he's watched destroy traders over and over again: "you can go out there and sell options for the premium and make money 99 days out of 100." "and for 98 of those 99 days, you're sure you're brilliant. you've come up with something totally new." "you don't make much money every day, but you make it every day. so all you need to do is multiply your size by 10,000 and you're going to get rich because it makes money every day." "you think you've cracked the code. you haven't cracked the code." "what you've done is you've compressed your risk. you've traded a half percent gain every day for a 150% loss on the 99th day." "when you average that over years, you're going to be a loser. but on the way up, you get paid." "year one, you get paid. year two, you get paid. year three, you lose more than you made in the last two. maybe you get fired. you go to another shop and do the same thing over again." this is the most common failure in systematic trading. a strategy that wins almost every day feels great, but often it's a time bomb with a fuse you can't see. if your equity curve looks too smooth to be true, you probably found tail risk.

Goshawk Trades

108,275 views • 2 months ago

Bloomberg's Joe Weisenthal observes the scary double bind that compute prices 10xing puts hyperscalers in: "One of the stylized facts in recent years has been the extraordinary drop in token prices." "If you go back to GPT-3, token prices are down like 99.9%." "We think there's some iron law that token prices will get cheaper over time." "But maybe not. We thought there was an iron law that memory prices would drop over time. Or that any sort of hardware would drop over time." "But the story of the last two years is that that law can reverse." "It's not impossible to imagine that compute prices get significantly more expensive." "But that doesn't mean you can stop spending on it. Because you have to worry about hardening yourself for cybersecurity." "There's no, 'This is not economical for me anymore. I want to tap out of the whole AI race.'" "Well then, your competitor develops a stronger model. And then you're done. You're really done." "This is the scary thing. What if the situation is, you're bleeding free cash flow, but you also don't have the option to opt out of the game?"

Bloomberg's Joe Weisenthal observes the scary double bind that compute prices 10xing puts hyperscalers in: "One of the stylized facts in recent years has been the extraordinary drop in token prices." "If you go back to GPT-3, token prices are down like 99.9%." "We think there's some iron law that token prices will get cheaper over time." "But maybe not. We thought there was an iron law that memory prices would drop over time. Or that any sort of hardware would drop over time." "But the story of the last two years is that that law can reverse." "It's not impossible to imagine that compute prices get significantly more expensive." "But that doesn't mean you can stop spending on it. Because you have to worry about hardening yourself for cybersecurity." "There's no, 'This is not economical for me anymore. I want to tap out of the whole AI race.'" "Well then, your competitor develops a stronger model. And then you're done. You're really done." "This is the scary thing. What if the situation is, you're bleeding free cash flow, but you also don't have the option to opt out of the game?"

TBPN

92,708 views • 1 month ago

Kevin O'Leary says you should have $100,000 saved by age 33 “By the time you hit 33 years old, you should have $100,000 saved somewhere. Make that your goal. You save 20% of your paycheck and you let the market grow at 5% to 7% a year. You can get to $100,000” “Thirty-three is the tipping point. It's the point in your life when you really have to focus on saving money. If you haven't saved anything by the time you're 33, you're way behind the 8-ball” “Your goal should be to try and amass at least $500,000, so you start to chop up the decades you're going to work. By 33, you better have $100,000 if you're going to get the other $400,000 by the time you're 60”

Kevin O'Leary says you should have $100,000 saved by age 33 “By the time you hit 33 years old, you should have $100,000 saved somewhere. Make that your goal. You save 20% of your paycheck and you let the market grow at 5% to 7% a year. You can get to $100,000” “Thirty-three is the tipping point. It's the point in your life when you really have to focus on saving money. If you haven't saved anything by the time you're 33, you're way behind the 8-ball” “Your goal should be to try and amass at least $500,000, so you start to chop up the decades you're going to work. By 33, you better have $100,000 if you're going to get the other $400,000 by the time you're 60”

dank

1,096,014 views • 1 month ago

Stripe's John Collison thinks people who think AI means the death of software engineering are "all high, honestly." "All these people calling the death of software engineering are smoking something." "You're able to work with AI so much better if you understand the underlying concepts, and you're so much better prepared for that." "To be really effective working with AI, you need to understand what it's doing, and what's going on under the hood. You need to understand the model, and the memory. And then you have your harnesses, and you've got your skills, and how they all interact."

Stripe's John Collison thinks people who think AI means the death of software engineering are "all high, honestly." "All these people calling the death of software engineering are smoking something." "You're able to work with AI so much better if you understand the underlying concepts, and you're so much better prepared for that." "To be really effective working with AI, you need to understand what it's doing, and what's going on under the hood. You need to understand the model, and the memory. And then you have your harnesses, and you've got your skills, and how they all interact."

TBPN

43,395 views • 4 months ago