LivingnTX

@manhattanmaker @ITshortking2 That was mean. 😂😂

Ok, get to work everyone. It’s Thursday, one more day and we’re into the long weekend.👊🏼

Who makes the worst software product and why is @Adobe Acrobat?

@tweet @BradMunchen No, she’s insane.

She saw some shit. Keep her safe...

Had to check the date because I swear Elon said the same thing about 4 years ago.

Probably because Elon told them it could operate in the water.

@edwindewit1966 @zerohedge

@zerohedge Retarded republicans...who keep changing voting maps USA is losing being a democracy

Virginia Democrats Ask US Supreme Court To Reinstate Congressional Map zerohedge.com/political/virg…

@Reboticant City officials have think data center construction is a great economic boost. The DC owners sell the projects as great jobs programs. But they aren’t. Oh sure, a few businesses might see an uptick while under construction, but then the build is done and the jobs disappear.

How can this be, I see at least a dozen tech bros tweets a day telling me this doesn't happen and anyone concerned about it was an idiot luddite

@StanphylCap How long did it take eBay execs to stop laughing?

$EBAY received the offer but refuses to ship the product as the buyer, Ryan Cohen, has a "0% Positive" rating.

@MarkHubbard33 @gnoble79 But the guy who said no hardware upgrades would be required is the on you do trust. This feels like a parody. Are you being serious? This is all a joke, right?

@gnoble79 Your last sentence is so unbecoming and unprofessional of a fund manager which I think you are, Fidelity, that I in no way trust you.

Tesla is the most successful CON in the history of capital markets. Not because the cars are bad. But because the entire business is engineered to impress on first glance and collapse under scrutiny. And the culture around it has made facts completely IRRELEVANT. I've never seen a company where the gap between what is promised and what is delivered is this wide, for this long, with this little accountability. Tesla's Full Self-Driving system is marketed as autonomy. But it is not autonomy. It is a camera-only system running probabilistic inference. The car is making statistical guesses about what it sees, thousands of times per second, with no redundancy when those guesses are wrong. Probabilistic inference controlling a two-ton vehicle at highway speed with your family inside. NHTSA has two open investigations covering 3.2 million Tesla vehicles. One was escalated to a formal Engineering Analysis in March after 9 crashes, including a fatality, where the system FAILED to detect sun glare, fog, and dust. The cameras went blind and the car kept driving. In Austin, Tesla's robotaxi fleet has reported 15 crashes across roughly 800,000 miles. One crash every 57,000 miles. The average American driver has a police-reported crash every 500,000 miles. Tesla's robotaxis crash at roughly 4x the human rate, WITH a safety monitor sitting in the car whose only job is to prevent crashes. Waymo operates over 2,500 fully driverless vehicles across multiple cities with no human backup and maintains a crash rate 85% below human drivers across 127 million autonomous miles. Tesla has ONE unsupervised vehicle in a tiny section of Austin. But here's what really makes Tesla different from every overvalued company I've ever analyzed: The facts do not matter to the people who own this stock. Every missed deadline, every broken promise gets filtered through the same response: attack the messenger. Call them a short seller. Call them a hater. Anything to avoid looking at the actual numbers. It's an online ecosystem that has made itself completely immune to facts. And Musk baked that dynamic into the culture from the beginning. Every time the fundamentals deteriorate, the faithful don't sell. They double down. When your shareholder base treats every dip as a buying opportunity regardless of the data, the stock becomes untethered from reality entirely. That's literally a religion with a ticker symbol. I highly suggest you read Edward Niedermeyer's book Ludicrous on this. And now it even gets WORSE... CapeFearAdvisors published a piece this week that should be required reading. Tesla's 2025 CEO Performance Award contains a change-of-control provision: In the event of a change of control, ALL operational milestones are disregarded. No million robotaxis, Optimus robots, or $400 billion EBITDA. NONE of it. So if SpaceX acquires Tesla at $8.5 trillion, every tranche of Musk's 423 million share award vests immediately. A single acquisition at that price triggers the full vesting of both plans at once, with no way to claw them back. The milestones everyone argues about are just a distraction. The mechanism is the change-of-control language buried in the SEC filing. This is about engineering the largest personal wealth transfer in modern financial history and using the narrative machine to keep the price elevated long enough to execute it. I've seen every bust of the last four decades. But this one is different because the cult of personality is stronger than anything I've witnessed. The movement around this stock cannot be touched by facts, and that is what makes it so dangerous. But the math always wins. ALWAYS. It just takes longer when the con is this good.

@MarkHubbard33 @gnoble79 How much value was in Enron?

@gnoble79 I'm over you: just this obsessive Elon hate. But okay, so the 'biggest wealth transfer in history' ... if $TSLA is such a con, how is there so much 'value' in the first place?

@yellinben @DKThomp I need a powerhouse BD person and we’ll have 4 headcount.

@DKThomp Would love to see stats on headcounts for these new startups. Feels like this job market is incentivizing self-employment as last resort.

Stripe data shows (A) startups incorporations way up, and (B) startups in AI seeing faster-growing revenue than is historically normal For now, AI agents are better at creating firms than destroying jobs

It’s officially a bubble now.

God is good. That is all.

@RobProvince GMC still has proper colors.

Resale value and govt regulations……

@R2urx @SenSanders We’re laughing at him because he’s a goofy old man who’s never had a real job.

Uncontrolled AI poses a severe danger to all of humanity. On Wednesday, I'll be hosting a discussion with leading AI scientists from the US and China about the need for international cooperation against this existential threat. This is an enormously important issue. Join us.

@redsteeze How does one close a business that didn’t ever exist?

Suddenly.

@BOptimist1973 @ZayRadbury @DKThomp Thank you proving his point.

@ZayRadbury @DKThomp Comparing Biden and Trumps corruption is like comparing a minor copyright infringement with a mass shooting murder spree.

I know it's a bit downmarket these days to point out Trump's crookedness and hypocrisy but MAGA simply cannot stop speedrunning the plot of Animal Farm, becoming everything they claimed to despise about the previous regime, except more so. Like, for four years, a central attack on Joe Biden was that Hunter was trading on the family name. They even launched a congressional investigation, iirc. Now they either say nothing or enthusiastically cheer on the president's kids as they run a cryptocurrency exchange, a bitcoin mining operation, a luxury real estate brand, and a social media company, all of which are getting money from foreign governments and sovereign wealth funds. Here Eric Trump is appearing on TV as an adviser to a company that just won a $24 million Pentagon contract! And Fox Business is like: "way to go, Eric, we're proud of you, you really knocked this one out of the park."

Toward a unified theory of how Americans can be both statisfically richer than ever and also statistically more depressed about their lives and the future of the economy than any period on record

@BabyLee337 @DKThomp Close. When government officials leverage their position to get rich, important and powerful, your hopes of appealing to the citizenry….

@DKThomp When government is rich, important, and powerful, your hopes of appealing to the citizenry to be restrained and decent, when being self-interested is so rewarding, gets exponentially harder.

In Mere Christianity, CS Lewis has an awesome opening riff about how most people know the difference between right and wrong, but they justify acting immorally by appealing to "special exception." They know they shouldn't hit a friend, but what if that friend was being so mean? They know they shouldn't steal a seat a bus, but what if that person got up and created a moment's confusion and then the seat was up for grabs? Etc. When I read this section, I thought a lot about contemporary politics and the way that people justify their politics, not by appealing to higher principles, but rather by appealing to "special exception" to argue that their admitted indecency is justifiable in context. A lot of MAGA vice is justified by special exception. Trump's defenders rarely defend his crookedness directly. They don't say "it's wonderful to use trade policy to enrich the Oval Office, it's really awesome." They say: Well, look, it doesn't really matter, because the left is so dangerous, Biden maybe did something similar 3 years ago, Democrats would do the same in power, and so forth. I heard something similar in that NYT conversation everybody's talking about. You even see it in the headline: ‘The Rich Don’t Play by the Rules. So Why Should I?’ Why, hello, special exception. When you start arguing that stealing food and French paintings is justifiable in the context of political protest in an age of prevailing distrust, you're similarly not arguing *for* any kind of a universal principle. Nobody actually wants 300 million people stealing fruit from the grocery store. Nobody actually wants every Louvre visitor trying to rip a Manet off the walls. These virtues don't scale. (Because they're not virtuous!) Sap that I am, I want us to get to a place where politics is about fighting for what is right and decent, not about justifying what sort of indecent behavior might be somewhat understandable or technically justifiable given the other side's vice or the prevailing levels of indecency. The point is to build the kind of goodness that scales. nytimes.com/2026/04/22/opi…

@jaesmail So parents are acknowledging that the university route isn’t the path to automatic career and prosperity. Yet millions spend billions every year. Have these parents assessed what their child is good at? Their strengths? A kid that doesn’t know themselves will always fail.

But that’s not satisfying to someone trying to figure out what to major in and how to make their parents happy with their decisions at the university they’re paying $20k to 80k/year for

Someone needs to write the canonical “how to think about your career when you’re 18 and the world is changing every 6 months” because every parent I talk to is freaking out and so many smart new grads are un(der)employed