Jay Potdar

While no one was watching, RBI has shifted 100 tonnes of its gold reserves back to India from UK. Most countries keep their gold in the vaults of the Bank of England or some such location (and pay a fee for the privilege). India will now hold most of its gold in its own vaults. We have come a long way since we had to ship out gold overnight in 1991 in the midst of a crisis. timesofindia.indiatimes.com/business/india…

Hardware is hard. That’s why Elon is by far the greatest founder of all time. Remember — countless startups die just while trying to put stationary beige boxes on desktops. Very smart people get crushed by supply chain disruptions, or China tariffs, or lockdowns, or shipping interruptions, or regulatory delays. Not Elon. He didn’t just survive financial crisis and coronavirus. He managed to build physical things in America while fighting the state and the laws of nature at the same time. Somehow he managed to simultaneously build not just a car company but a rocket company. Those don’t just have “moving parts”, they are a moving whole. The difficulty level here is insane. Hardware is completely different from software. One recall, just one serious bug, can destroy your company. If you are charging $50 for something that costs $40, and you need to recall and replace a million units, you’re usually dead. So just one of these companies — just Tesla, or just SpaceX — would be an incredible accomplishment for anyone. Even a very intelligent and hardworking person would have to live an incredibly boring, disciplined, focused life to possibly maintain the extremely low error rate needed to profitably ship such complex products. Not Elon. He did SpaceX and Tesla while having N children by K women. While also cofounding OpenAI and Neuralink and Boring Company. While fighting and defeating countless journalists, politicians, haters, and short sellers. And of course while buying Twitter, posting all the time, and building a following larger than almost any politician. The better you are, the better you understand how much better Elon is. If you’re good at math you appreciate Ramanujan’s greatness. If you’re good at basketball you respect how amazing Michael Jordan was. Elon is like that, for tech. Everyone in tech understands the sport we’re playing, and he really is the greatest of all time.

Worth a read. Martin Indyk: Why Hamas Attacked—and Why Israel Was Taken by Surprise foreignaffairs.com/middle-east/ma…

Nupur Sharma ⚡️ Udhayanidhi Stalin A brief comparison of the fallouts:

@sbikh That's exactly what it should be, the emphasis's on how to think than the compulsion on what to think

What to think versus how to think. An ideologically committed professor will teach students what to think. He or she will indoctrinate students into a particular way of thinking, an ideology and a cause. An open minded professor, no matter what his or her personal political leanings, will teach students how to think. For any University to flourish as an open place of learning, in my opinion, the focus needs to be more on how to think rather than what to think. If you have admitted smart students, once they are adept at techniques of inquiry, they can figure out for themselves what to think when exposed to various competing schools of thought @AshokaUniv

A Rs 75 lakh house, purchased with a Rs 15 lakh downpayment and the remaining Rs 60 lakh home loan at 8.5% (avg.) for 20 years, actually costs Rs 1.40 crore. How? Include the interest of Rs 65 lakh on the loan you took to the house cost of Rs 75 lakh. If you sell it for Rs. 2 crores...you pay CAPITAL GAINS tax on 2cr MINUS Indexed cost of Rs. 75L. Interest paid to Hdfc is a gift - totally ignored for costs. Why? Because we never FOUGHT FOR IT....try fighting..

Lessons I learned from my Dad: 1 be grateful for what you have 2 be generous with your time 3 happiness shared is multiplied 4 work hard 5 value education 6 be on time 7 read more 8 do not respond to negativity 9 loyalty matters 10 be supportive 11 forgive first 12 be proactive

Interesting Study.

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ChatGPT is changing the game, and I want to share real things you can do with this AI system today. Please save this thread and start testing this technology NOW so you’re ahead of the curve.

33.Within a day, head of Public Policy Lauren Culbertson receives a ghastly letter/report from Carl Szabo of the research firm NetChoice, which had already polled 12 members of congress – 9 Rs and 3 Democrats, from “the House Judiciary Committee to Rep. Judy Chu’s office.”

data → info → knowledge → insight → wisdom → impact ⇆ repeat

Did your HR recently ask you to fill out something called “Investment Proof Declarations” to determine your taxable income? Here’s a quick 101 to ensure you don’t shell out excessively on income taxes: [A thread...🧵]

Want to work remotely and get paid in USD? Here are 7 sites that offer remote jobs paying in USD:

Join 4400 people who are receiving such stories daily on their WhatsApp: chat.whatsapp.com/Fl7iHg4X2FVBv4…

What is blockchain?

How handmade globes were made in the 1950s

Life is too short to worry about stupid things. Have fun. Fall in love. Regret nothing and do not let people bring you down. Study, think, create and grow. Teach yourself and teach others. —Professor Richard Feynman