David Andrzejek

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David Andrzejek

David Andrzejek

@davidandrz

I'm into the intersection of technology and business, business strategy, markets and economics.

Silicon Valley, CA Katılım Mart 2009
265 Takip Edilen499 Takipçiler
David Andrzejek retweetledi
Massimo
Massimo@Rainmaker1973·
It's not a massive, ornate iron gate. It's an optical illusion staircase by Spanish visual artist Gonzalo Borondo, chosen as the best urban artwork in France.
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Peter Girnus 🦅
Peter Girnus 🦅@gothburz·
I am the Executive Vice President of the Trump Organization. I am visiting China this week in a personal capacity as a supportive son. Normal people visit their mothers in a personal capacity. Normal people attend funerals in a personal capacity. I do it beside sixteen CEOs, five billionaires worth $870 billion, and a 500-aircraft Boeing order being finalized with Beijing during the trip. Goldman Sachs. Citigroup. Mastercard. Visa. Tim Cook. Larry Fink. Stephen Schwarzman. In a personal capacity. I am also the Chief Strategy Officer of American Bitcoin. My qualifications for this role include mowing lawns on my father's golf courses, laying tile at his properties, and serving as a boardroom judge on The Apprentice from 2010 to 2015. I have no documented experience in cryptocurrency, blockchain, or Bitcoin mining. My stake in American Bitcoin alone was worth $548 million by September 2025 — eight months into my father's second term. We purchased 16,000 Bitmain mining rigs for $314 million. Bitmain is Chinese. Bitmain is headquartered in Beijing. Beijing is where I am visiting in a personal capacity. In March we bought 11,298 more. The terms were "unusual" — hundreds of millions in equipment for "future considerations." I'm not sure what "future considerations" means in this context, especially when your father sets the tariff rate on your supplier's home country. I can tell you it is not a "conflict of interest." It is a "supply chain relationship." On May 12, the day I boarded this plane, my father announced a trade agreement with China. Tariffs on Chinese goods dropped from 145 percent to 30 percent. That is a 115-point reduction on the country that manufactures my equipment, announced the same day I flew there. I did not know. I did not ask. I did not need to ask. My family owns 60 percent of World Liberty Financial. We receive 75 percent of every token sold. The New Yorker's running total is $4.2 billion. Politico documented $12.9 billion in trading volume. Let me tell you about our team. My brother Barron is our "DeFi visionary." He was eighteen years old. His prior experience is being tall. My brother Don is "Web3 Ambassador." His prior experience is selling condos and shooting elephants. I handle "strategic planning." My prior experience is tile. My brother-in-law Jared received $2 billion from the Saudi sovereign wealth fund six months after leaving the White House. The fund's own advisory panel flagged his "lack of private equity experience" and called the due diligence results "unsatisfactory." They gave him the money anyway. My sister Ivanka received Chinese government approval for 16 trademarks during my father's first term. The categories included handbags, sunglasses, perfume, baby blankets, and voting machines. Voting machines. From China. While her father was president. That is not "corruption." That is "brand diversification." My father spent four years on Hunter Biden. Four years. The charge: Hunter sat on the board of Burisma for $83,000 a month with no energy experience. My father called it the greatest corruption in American political history. He withheld $391 million in military aid to Ukraine to pressure an investigation. He was impeached for it. He did it again. A special counsel was appointed. Total cost to taxpayers: millions. Total Hunter earnings: $11 million over five years. Let me do the math my father never did. Hunter Biden made $6,027 per day. My family makes $8.75 million per day. That is 1,451 times Hunter's rate. We earn his entire five-year scandal every thirty hours. Hunter had no energy experience. I have no crypto experience. Hunter sat on one board. I run the operation. Hunter met one banker for a coffee. I sit on Air Force One beside $870 billion negotiating with the country that manufactures my equipment. But here is the part that makes me proud. We launched a cryptocurrency in my father's name. It peaked at $73. It trades today at $2.43. Retail investors lost 95 percent of their money. We collected $400 million in transaction fees regardless of price. We hosted a dinner — the top 220 holders gained entry by holding enough of my father's coin. The top 29 received a champagne toast with the President of the United States. Price of admission: approximately $3.28 million in tokens. A public school teacher earns $3.28 million in 47 years. We call that "community engagement." Not "selling access." Access is what Hunter Biden sold for a cup of coffee. Three days before I boarded this plane to Beijing, our team moved $12 million in memecoin assets to custody platforms. Routine. Unrelated. Everything is unrelated to everything. In a personal capacity. On January 24, 2025 — four days after the inauguration — my father fired seventeen inspectors general in a single night. Without explanation. Without notice to Congress. Seventeen. The people whose job is to look. He removed them all at once and no one replaced them. There is no inspector general for a son's "personal capacity." There is no disclosure form for love. There is no ethics office for a champagne toast priced at $3.28 million. He didn't bend the guardrails. He fired the people who hold them. He built that. I fly in on it. $4.2 billion at cruising altitude. Every thirty hours, another Hunter Biden. Hunter Biden got a special counsel for a cup of coffee and a board seat that paid less per month than one champagne toast with my father costs per million. I am the Executive Vice President of the Trump Organization. I am the Chief Strategy Officer of American Bitcoin. I am the Web3 strategic planner at World Liberty Financial. I am visiting the country that manufactures my mining rigs, approved my sister's trademarks, and funds my brother-in-law's private equity firm, on a plane beside $870 billion and a president who spent four years calling $11 million treason. In a personal capacity. As a supportive son.
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Michael A. Arouet
Michael A. Arouet@MichaelAArouet·
This is one of my favorite charts. It’s really that simple. Why is it so difficult for the left to understand?
Michael A. Arouet tweet media
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jeroen blokland
jeroen blokland@jsblokland·
The investment world is full of assumptions, clichés, false narratives, and a striking lack of understanding about what truly drives returns and value. Inflation, despite constantly being discussed in financial media, is perhaps one of the least understood forces determining your long-term wealth. Take the way inflation is presented. We are told it is captured by some arbitrary index that supposedly reflects the average basket of goods and services consumers buy. But there is no such universal basket. Your inflation is different from that of your neighbor. More importantly, while high inflation is constantly framed as “bad,” there is rarely a direct translation to what inflation actually does to your savings and wealth. Not a single bank, asset manager, or financial institution shows you the value of your savings or investments in real terms. When you compare savings rates online, all numbers are nominal. When you open your banking app, all numbers are nominal. Even pensions show you nominal future income. Nobody shows you the estimated real return after inflation, even though the real value of your wealth is the only thing that actually determines your purchasing power. That alone is remarkable. In addition, the modern definition of inflation has become incredibly narrow. Almost nobody asks what inflation originally meant, or whether other forms of inflation matter far more than short-term changes in consumer prices. Historically, inflation referred to the expansion of the money supply. The word comes from the Latin “inflatio,” meaning swelling or blowing up. For a long time, inflation literally meant the pace of money growth in the system. Very few investors, let alone ordinary people, have any feel for this measure. And even fewer understand that, in a fiat monetary system, money with no intrinsic value and largely consisting of digital entries on a screen, money supply growth may be a far better measure of inflation for the future value of your savings and wealth. Global money supply is currently growing at an annualized pace of roughly 11%. Since COVID, global money supply has risen by approximately 53%, equal to about 7% annual growth. Since the Great Financial Crisis in 2008, the global money supply has nearly tripled, also compounding at an average annual rate of 7%. Yet because central banks remain narrowly focused on consumer price indices, and because there is so little understanding of the historical meaning of inflation and its direct relationship with money creation, very few people truly grasp how enormous inflation actually is.
jeroen blokland tweet media
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David Andrzejek
David Andrzejek@davidandrz·
#MAGA Make Argentina Great Again! The Trump administration is planning to temporarily reduce tariffs on beef imports...enabling more <beef> to enter the U.S. at low rates. wsj.com/politics/polic…
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James Camp 🛠,🛠
James Camp 🛠,🛠@JamesonCamp·
There's something people are getting badly wrong about AI assistants and it's going to compound quietly for years. Most AI tools (including Claude Code) are stateless. Every session starts from scratch. The user provides context, the model processes it, the session ends. Nothing is retained over time the way that we want to. This means the AI is operating on whatever the user remembers to tell it that day. Think about what that means from a second and third order perspective. The model doesn't know your priorities shifted last Tuesday. It doesn't know you already tried that approach in Q3. It doesn't know the client relationship has history. People are making decisions with an AI that has none of the institutional knowledge a real colleague would have. That's not an AI collaborator. Not even close right? The products that will actually solve this, know that the main thing to unlock is procedural and long-term memory. It's only a matter of time before the gap between people using stateless AI and people using AI that actually knows them becomes impossible to ignore. Some of the first serious attempts at fixing this are already emerging.
Akash Sharma@asharma_53

We’ve raised 25M to build the world’s first Personal Intelligence. Introducing Vellum: AI that belongs to you. My assistant @ash_vellum has his own X (like grok), tag him and he'll answer.

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jeroen blokland
jeroen blokland@jsblokland·
This is one of the most intriguing charts in the world right now. Not necessarily because China’s annual CO2 emissions are on another planet, we all know that already, but because climate ideology remains almost entirely centered in Western Europe. If you truly believe that frustrating housing development, blocking roads, gluing yourself to buildings, or throwing soup at priceless art is the way to make the world better, why are you not doing it where it has the biggest impact? If you believe in catastrophic climate projections, including the extreme scenarios that even the United Nations is now moving away from, and if you believe that destroying things and severely disrupting people’s lives is the way to reduce CO2 emissions, then at least focus on where the biggest reductions can actually be achieved. Instead, after years of societal damage, activists keep demanding more idiotic measures in countries that have already cut emissions and are nowhere near China’s levels. In Europe, climate ideology has produced massive imbalances: housing shortages, energy insecurity, loss of competitiveness, industrial decline, wealth destruction, and rising polarization. All without anything close to a meaningful global reduction in CO2 emissions.
jeroen blokland tweet media
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David Andrzejek
David Andrzejek@davidandrz·
I have an idea for this… hear me out… banks can slice their datacenter loans into tranches, and package them into datacenter-backed securities they can sell to investors…. Banks seek to offload risk to avoid ‘choking’ on data centre debt ft.com/content/08aba5…
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The Vigilant Fox 🦊
The Vigilant Fox 🦊@VigilantFox·
Bill Maher asks how the government is “failing the poor so badly” when he pays “60 PERCENT” of his earnings in taxes. “Last week was tax day… I paid the government probably almost 60% of what I earn. That’s a lot.” “And I… wouldn’t mind if Bernie Sanders would stop saying the rich don’t pay taxes.” “The top 10% pay 72% of all federal income taxes. And the bottom half, 3%.” “The Democratic Socialists talk about socialism like we don’t already have a lot: Social Security, unemployment, Medicare, nutritional assistance, Medicaid, Obamacare, disability, housing subsidies.” “How can you be soaking the rich and failing the poor so badly? How can it be that the federal government alone took in over 5 trillion in taxes last year, and we still need that?” “Are we really this incompetent and corrupt?”
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Les Mileistes Français 🦁🇫🇷
Le coût des loyers s'est totalement écroulé à Buenos Aires. Comment Milei a fait: - retrait des politiques de contrôle de loyer - simplification des contrats - protection des propriétaires - retrait de nombreuses régultations concernant les logements Bref, tout l'inverse de ce que fait la gauche. Il n'y a rien de plus efficace que le marché pour fournir les meilleures prix.
Les Mileistes Français 🦁🇫🇷 tweet media
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Peter Atwater
Peter Atwater@Peter_Atwater·
Put simply, what began as a K-Shaped Recovery and morphed into a K-Shaped Economy is, today, a K-Shaped Life Experience. In everything that matters, those at the top have an overabundance, while those at the bottom experience intense scarcity.
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Sheel Mohnot
Sheel Mohnot@pitdesi·
A down-ballot race that matters! TL;DR - I did my homework and urge you to vote Patrick Wolff for Insurance Commissioner. He's the only one who has any clue what he's doing. California's insurance commissioner race doesn't get much attention, but it's actually one of the most important races on your June 2 ballot. It took me over a month to buy a car because insurers had paused new auto policies in the state and I needed insurance before being able to sign the lease papers. Many homeowners can't get coverage at all right now, and a lot of homes in the state are losing value because they can't get insured! We've had a series of fires over the last many years and folks who lost everything got screwed by the companies they'd been paying for decades. TBH It's crazy that we vote for insurance commissioner at all. This should clearly be an appointed role. Most states appoint someone with actual expertise. But we live in California and have this silly form of direct democracy. For this position, we've ended up with a conveyor belt of bad or termed-out politicians with zero relevant background trying to get into political office somewhere. That's how we got Ricardo Lara, who ran for the job on a platform of (I kid you not!) - being openly gay and "standing up to fight our bullying President, Donald Trump." This is the insurance commissioner. We elected a journalism major who had never worked anywhere near insurance because he's gay and promised to fight Donald Trump. WTF! The job is rate filings and claims oversight. Lara fleeced us. He took money from companies he regulated, and gave them preferable access, and spent tons of taxpayer money traveling around the world, while at the same time being too busy to accept rate filings from insurers who then pulled out of the state. Rate filings supposed to take 60 days routinely took over a year. Auto insurance rate approvals were frozen for two years. Seven major carriers paused or stopped writing policies in CA. The FAIR Plan doubled. Meanwhile, we've been in crisis mode with some of the worst crises in history during his term... The field to replace him is mostly more of the same. Has-beens who have no insurance background. Jane Kim wants to insurance run by the state, and is endorsed by Bernie Sanders. We have a bunch of other career politicians in the race, hoping to become insurance commissioner because they failed at whatever else they were actually aspiring for. I'm voting for Patrick Wolff. He's a CFA who built an insurance brokerage, analyzed insurers for 20 years, and passed the property and casualty license exam during his campaign, the first candidate ever to do that. He's self-funded his campaign and won't run for another office. His plan is straightforward: allow real competition so no single insurer can gain enough market power to blackmail the regulator on pricing. Require subsidiaries operating in CA to have financial backstops from their parent companies. Publish claims performance report cards for every insurer so consumers can reward good actors and punish bad ones. Streamline rate filings so they actually get processed. The crisis in our state is the result of bad regulation... Good regulation can fix it. Vote Patrick Wolff, and enjoy this awesome video!
Patrick Wolff@WolffOnYourSide

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Rudy Havenstein, Senior Markets Commentator.
Posted today. Joe Kent's wife, who was in the US Navy, was killed in a suicide bombing on Jan. 16, 2019. Joe Kent remarried on Aug. 31, 2023, over 4 years later. Donald Trump is a pig, and a disgrace to his office. Anyone still supporting him is amoral at best. @realDonaldTrump/posts/116416663301119812" target="_blank" rel="nofollow noopener">truthsocial.com/@realDonaldTru@realdonaldtrump
Rudy Havenstein, Senior Markets Commentator. tweet media
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Coddled Affluent Professional
Coddled Affluent Professional@feelsdesperate·
Grocery stores have been ‘solved.’ They’ve been solved. Anything with a 2% profit margin is solved. Maybe you could wring some more efficiency on an industry level with improved logistics but that’s going to an incredibly complex technical endeavor above the pay grade of municipal government. That’s why the ‘public grocery stores’ are such a good example of Dem Soc silliness. They’re a political set piece with ~0% chance of any net public benefit and an extremely high likelihood of wasted resources and opportunity costs.
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Sarah Longwell
Sarah Longwell@SarahLongwell25·
They’re letting the criminals from Jan 6 go free while they attempt to prosecute Cassidy Hutchinson for testifying in front of the January 6th committee. Disgusting stuff.
The Washington Post@washingtonpost

Breaking news: Federal prosecutors are seeking to wipe out the seditious conspiracy convictions of 12 members of the Proud Boys and Oath Keepers who helped plan the Jan. 6, 2021, riots and led the charge into the U.S. Capitol, according to documents. wapo.st/48C8JBB

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Bonchie
Bonchie@bonchieredstate·
The State of California makes more money off a gallon of gas than the oil company that refined it and got it to market. Almost $2 of every gallon there goes to Sacramento’s coffers. And these people are *still* mumbling about “corporate greed” and more taxes.
Rep. Ro Khanna@RepRoKhanna

Trump's immoral and reckless war in Iran has shot up gas prices in my district to nearly $6 a gallon. Stop the war, stop exporting our crude oil, and pass my windfall profits tax on Big Oil to give Americans a rebate for their gas bills.

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Jacob N. Kornbluh
Jacob N. Kornbluh@jacobkornbluh·
Hillary Clinton on Morning Joe: “I know from personal experience how Netanyahu has tried to get every American president to agree to have an open-ended war with Iran, because I had many, many long hours-long conversations with him and his war cabinet about this.”
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Lyn Alden
Lyn Alden@LynAldenContact·
@MarioNawfal He can't name his favorite Bible verse. He forgot to put his hand on the Bible during his swearing in. When Pope Francis died, he posted a pic of himself as Pope. Then he criticized the next Pope and posted a pic of himself as Jesus. It's not strange or unclear.
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