csm
1.7K posts





I can't believe I'm writing this. I always suspected Cardano may be a scam, but I did not realize it was this big. Charles sold over 1.5 billion ADA tokens between $1 and $3 in the 2021 run. Then also paid $200M in ADA to Gavin. He literally dumped billions on his community. He may have dumped more billions still since. Crazy. Check the last post in this thread too.

Why I bet my career on robotics - skip to 1:24 for thoughts on crypto - skip to 5:15 for my robotics thesis



EVERY -2.5% FRIDAY ON SPX WHERE VIX CLOSED UNDER 25 AND HOW MONDAY FARED I know this is against the rules, but I felt you should see this. For my non-math people, that's 100% green.

One thing I sometimes do in office hours is calculate the implied probability represented by the startup's valuation. E.g. if a startup would be worth 10b if things go as planned and their dday valuation cap is 25m, they're a good bet if they have a 1/400 chance of being right.

Then there was the vaunted Soros self-confidence. When Soros believed he was right about an investment, nothing could stop him. No investment position was too large. Holding back was for wimps. The worst error in Soros's book was not being too bold, but too conservative. "Why so little?" was one of his favorite questions. Soros: The World's Most Influential Investor - Robert Slater

A good time to add more dots.


In 10 years it will not matter whether you were Bitcoin or Ethereum maximalist. This is the ground floor of a revolution. We are the new 1%.









