Alex Bilzerian
RT @alexbilz: Leo Breiman, 1968: "Probability theory has a right & a left hand. On the right is the rigorous foundational work using the tools of measure theory. The left hand 'thinks probabilistically,' reduces problems to gambling situations, coin-tossing, motions of a physical particle."
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Alex Bilzerian
RT @alexbilz: Optimal Gambling Systems for Favorable Games — L. Breiman (1962)
https://t.co/uujfuBJ2x6 https://t.co/voWnxpnIFs
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Alex Bilzerian
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing.

In the entire 100 year history of the airline industry the total profits are approximately 0.

These species of business go bankrupt and get recapitalized — it cycles and repeats.
- Alex Bilzerian
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Alex Bilzerian
Spirit Airlines executives compensation. https://t.co/Ch1HHlhWse

Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing.
- Alex Bilzerian
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Librarian Capital
Another “genius” during the 2021 “everything bubble”

h/t @valueterminal

From $88K to $415M to nothing.

This is insane https://t.co/kmLxULzkWD
- Cejay Kim
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Alex Bilzerian
While representation theory is a highly abstract field of pure math, its tools and ideas have found amazingly deep and useful applications in a lot of fields: quantum mechanics, combinatorics, number theory, even molecular chemistry.

Representation theory course notes - Constantin Teleman (2005, PDF): https://t.co/nh7MowS0Is https://t.co/H4ByGCTpdL
- Alex Bilzerian
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App Economy Insights
🇺🇸 How America Spends Money https://t.co/4KaaAFsz3h
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Alex Bilzerian
Discussions about the weather are some of the most important conversations you can have.

Truth is, discussions about the weather are some of the most important conversations you can have, and we’re told they’re “just small talk” to dissuade us from communing with the shared experience of Nature
- JACOB EVERETT
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Alex Bilzerian
Dendroclimatology is the science of determining past climates from trees.
Tree rings are wider when conditions favor growth & narrower when times are difficult.

I've spent thousands of hours studying tree rings. The field is called dendrochronology: https://t.co/sWZyqKkMQz https://t.co/8oodOTWD8o
- Alex Bilzerian
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