LiveLoveLupe

What’s the saddest racism experience or story you’ve ever heard? 😔

China’s capital allocation system is colossally wasteful at the micro level, but devastatingly effective at the macro level. It routinely overbuilds, duplicates capacity, funds weak firms, and tolerates enormous inefficiency by Western profitability and shareholder-return standards. Entire sectors can endure years of losses, redundant investment, and brutal overcompetition. But that “waste” functions as a national-scale incubation system. It compresses learning curves, drives down costs through overcapacity and competition, builds complete supply chains at extraordinary speed, and ensures that multiple firms survive long enough for a few globally dominant champions to emerge. The West optimizes for efficient capital allocation and near-term returns. China optimizes for ecosystem dominance, industrial depth, employment stability, technological catch-up, and long-term strategic positioning. The result is that what looks irrational at the firm level can become highly rational at the system level. EVs, batteries, solar, drones, shipbuilding, telecom equipment, and increasingly AI infrastructure all reflect this pattern. Colossally wasteful. Devastatingly effective.

China’s capital allocation system is colossally wasteful at the micro level, but devastatingly effective at the macro level. It routinely overbuilds, duplicates capacity, funds weak firms, and tolerates enormous inefficiency by Western profitability and shareholder-return standards. Entire sectors can endure years of losses, redundant investment, and brutal overcompetition. But that “waste” functions as a national-scale incubation system. It compresses learning curves, drives down costs through overcapacity and competition, builds complete supply chains at extraordinary speed, and ensures that multiple firms survive long enough for a few globally dominant champions to emerge. The West optimizes for efficient capital allocation and near-term returns. China optimizes for ecosystem dominance, industrial depth, employment stability, technological catch-up, and long-term strategic positioning. The result is that what looks irrational at the firm level can become highly rational at the system level. EVs, batteries, solar, drones, shipbuilding, telecom equipment, and increasingly AI infrastructure all reflect this pattern. Colossally wasteful. Devastatingly effective.

It’s illegal to feed wildlife at national parks because they get dependent on handouts and forget how to survive. Kinda sounds familiar doesn’t it?

How hard is it for me to stay at 7% body fat

Yes. 2007. Smart phones, social media, and Obama all hit at the same time. Every aspect of our culture has gone downhill since.

A mentally healthy man in his 30’s shouldn’t be interested in 20 year girls. I said what I said.

When men realize their problem is actually other men, it’s going to be quite the a-ha moment.

The CEO manages a $121 billion company with more than 41,000 stores in 80+ countries. A barista manages a cash register and/or a coffee machine, part-time on average. Both are important, but the scope of the activity is very different by an exponential amount.

Name your favorite film composer. You cannot say Hans Zimmer or John Williams. Go!

Only time I've doubted Nolan was Tenet. Trailers looked bad. Premise looked light. It came out in theaters during the pandemic to mixed reception. When I saw it at home, it ripped. Glorious, choatic fun. The most ridiculous and yet absorbing blockbuster of the last 10 years.