Generally speaking: A person's interest level in the purported inventions of Nikola Tesla is inversely correlated to their IQ.
People outside of the DC orbit underestimate the wit and charm of high level politicians. I know it's hard to believe, but the most hardcore MAGA republican who meets Maxine Waters usually finds themself very fond of her on a personal level in under 10 minutes.
A modest GOP majority in congress is probably better for the country. We'll probably see spending reigned in, but we won't have to endure as many tiresome, worthless "congressional investigations"
Maybe Jim Jordan & company will roll out a congressional investigation of the congressional investigation into Jan 6. I'm thinking a totally hapless exercise aimed at "investigating the investigators". Kind of like the Durham probe. Thoughts?
What makes the Federal Reserve think that their tightening policy will reduce inflation exactly to the 2% mark without blowing right through that number?
Sequoia signing off on $200M+ to FTX at a $32B valuation will be looked at through the lens of history like Moody's giving a AAA rating to junk-grade mortgage backed securities
DeSantis is 44 and has a 30 year career in politics ahead of him.
The maximum upside of a battle with Trump is 8 years in the White House followed by 25 years of boredom.
The downside is being permanently marred the way that Jeb Bush and Scott Walker were in 2016.
The maximum upside of a battle with Trump is 8 years in the White House followed by 25 years of boredom.
The downside is being permanently marred the way that Jeb Bush and Scott Walker were in 2016.
Owe the bank $500K? that's your the problem.
Owe the bank $50M? that's the bank's problem.
Owe the bank $15B, using your customers' holdings of worthless cryptocurrency as collateral? That's everyone's problem.
Owe the bank $50M? that's the bank's problem.
Owe the bank $15B, using your customers' holdings of worthless cryptocurrency as collateral? That's everyone's problem.
As a Jew, I worry that Sam Bankman-Fried is going to ignite more antisemitism than Ye could ever dream of
The hardcore DeSantis fans are the same people who love Reagan—the last president we had with crippling dementia who gave us mass amnesty and major gun control.
The FTX debacle wouldn't have been possible without VC's who let greed and FOMO take over, discarding their standards for due diligence.
Casting the blame on the "global macro ZIRP environment" isn't going to cut it. There will be major legal fallout.
Casting the blame on the "global macro ZIRP environment" isn't going to cut it. There will be major legal fallout.
Professional investors being taken by Elizabeth Holmes is more defensible, because the entire investment hinged on an extremely esoteric, first-of-its-kind technology.
The same cannot be said with FTX. Any legitimate level of due diligence would have uncovered the fraud.
The same cannot be said with FTX. Any legitimate level of due diligence would have uncovered the fraud.
One wonders how this can even be real https://archive.ph/nAUme
archive.ph
Our Team — Alameda Research
archived 9 Nov 2022 21:27:52 UTC