https://vxtwitter.com/oraprotocol/status/1913909807977021904?s=46&t=2q9OLMlaobNlHLewOXT4uA
Web6 simisai
Web6 simisai
vxTwitter / fixvx • See original tweet for full article
💖 22 🔁 3
💖 22 🔁 3
ORA (@OraProtocol)
ORA: An Intelligence-to-Intelligence Network
Abstract
We propose Web6, an Intelligence-to-Intelligence (i2i) network, which can lead us to World Intelligence, a collective intelligent system that can solve every problem. By defining intelligence…
Abstract
We propose Web6, an Intelligence-to-Intelligence (i2i) network, which can lead us to World Intelligence, a collective intelligent system that can solve every problem. By defining intelligence…
https://x.com/mrjasonchoi/status/1915047256530771971?s=12&t=2q9OLMlaobNlHLewOXT4uA
1. Asymmetry is subjective and personal - what represents +ev to one person may be a terrible gamble to another --> this is why there is a market and explains why successful investing often means taking contrarian positions.
2. Expected value (probability × magnitude) is crucial in asymmetric decisions - for example, venture investors know that if 90% of startups fail, the 10% that succeed must deliver returns of 1,900%+ to make the portfolio profitable.
3. The concept applies beyond investing to all life decisions - from simple examples like spending seconds locking doors to prevent break-ins, to career choices where "table selection" (choosing the right opportunity space) can create outsized returns by going against conventional wisdom.
1. Asymmetry is subjective and personal - what represents +ev to one person may be a terrible gamble to another --> this is why there is a market and explains why successful investing often means taking contrarian positions.
2. Expected value (probability × magnitude) is crucial in asymmetric decisions - for example, venture investors know that if 90% of startups fail, the 10% that succeed must deliver returns of 1,900%+ to make the portfolio profitable.
3. The concept applies beyond investing to all life decisions - from simple examples like spending seconds locking doors to prevent break-ins, to career choices where "table selection" (choosing the right opportunity space) can create outsized returns by going against conventional wisdom.
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Jason Choi (@mrjasonchoi) on X
Notes on asymmetry. Trying a new format