Introversion is a skill issue. People who aren’t extroverts are just not as good at socialising, so they find it difficult and tiring, but they could get better and then it would be easy.
Well I think you need both. You need stable, well run businesses like insurance or confectioners, and you need high risk moonshots. I
want the people with most business acumen running the former and the people with the most creative energy running the latter. Businesses like SpaceX wouldn’t be possible without a highly developed financial sector.
Ah yes now that I think about it, I remember the nuns in my neighbourhood, between feeding the poor and preaching love and inclusion, would hand out casino memberships and bet coupons to the local youths.
It was funny a few years ago when the English Premier League was all moralistic, having players “take the knee” before matches in solidarity with social justice, meanwhile all the stadiums and team shirts and television broadcasts were abound with online gambling ads and sponsorships.
What about all the people that Berkshire provides with gainful employment? What about all the goods and services its businesses provide to communities? What about all the tax it pays? What about the wealth he created for his investors? What about the high standards of corporate governance he upheld in the companies he controlled? You don’t hear about corporate sleaze and kleptocratic management at Berkshire companies. What about the fact that rather than consuming his personal wealth he’s left it mostly to a charitable foundation?
There was that leaked video of a Cambridge Analytica exec bragging that they came up with the handcuffs in the Crooked Hillary meme. Except that was hardly a big thing. The phrase Crooked Hillary was arguably “linguistic killshot” by Trump; CA’s little riff on it was insignificant - and that was them trying to sell their services with their most impressive feats.
And sad thing is they will
be mostly scrolling through pictures and videos, with extremely low information density, when the could be scrolling high quality text like HN comments or a well curated X feed.
Israel is currently in the position where it can bomb Tehran, using American tech and logistical support, with complete impunity. This is the golden age of Israel.
Well under Dubya it was pretty successful. Firstly, there was never a repeat of 9/11. Secondly, they pulled off one of the most overwhelming military victories of all time against Iraq, a full-blown invasion completed in weeks with hardly any losses. This also secured Israel’s long term prospects in the region, which seems to be one of the most sacred directives of American policy. It did also lead ultimately to civil war in Syria and political destabilisation in Germany/Europe (from refugees), but that is no skin off Uncle Sam’s nose. You may not like it, but in the history books that’s what peak foreign policy looks like.
Just use an LLM to make a good knowledge base for the databases. Based on schema info and production queries. An agent can use that to write queries that work.
When people put together memos or decks in the last, even if that weren’t read very carefully, at least they reassured management that someone had actually things through. But that is no longer a reliable signal.
How sheltered are you people? Scott Adams was a pretty standard non-woke boomer. Do you think that just because you don’t hear certain opinions in the workplace or the faculty or the Atlantic podcast, that they aren’t widely held by members of the public? Do you think everyone’s into DEI, BLM, trans-rights, multi-culturalism etc?
I kept meaning to tune in again to his livestream before the end. It was always a good listen as he went over the news with his dry sense of humour and judgment on fact vs fiction.I liked how he kept going after they cancelled all the Dilbert syndication - good lesson in resilience. RIP.
According to the paper you posted (interesting analysis), it’s not just low-vol assets, but good quality ones. Also, they would no doubt do a lot more buying of undervalued (good quality) companies if they weren’t by this point “too big to care”, so to speak.
When people say undervalued in this context, they usually mean it has a low price to earnings ratio. Intel is definitely not that - although it could still be a good bet if you have reason to believe their fortunes will greatly improve in the future. But it wouldn’t be a Buffett target in its current state.