Nate

I hope 2019 enters my life w this kind of energy

NEW: Police reportedly dusted the inside and outside of Boeing whistleblower John Barnett's truck for fingerprints despite being a suicide investigation. A Holiday Inn worker who was with Barnett the evening before he died says he seemed totally fine. According to the worker, Barnett had a quesadilla, a Coke and was just on his phone during dinner before he died. "I didn’t think of him at all until I heard the news the next day. He didn’t seem upset at all," the employee said. Family friend Bob Emery who was close with Barnett is also questioning his death, saying Barnett "seemed too focused on what he was doing" with the Boeing lawsuit and "didn’t seem depressed." According to the New York Post, the investigation into Barnett's death is still ongoing and police even dusted the truck for fingerprints, something the outlet says is "an unusual measure in a suicide case."

right now Boeing is having an emergency, all-night strategy meeting in which they're trying to choose between recalling all their planes or killing like 70 more people

How I fixed my smartphone addiction (without switching phones) Ever since reading @george__mack's Cocaine vs Kale phone thread last year, I've trying to fix my phone addiction. I tried 2 phones and failed. It was a burden and annoying. One little device has changed the game for me. Society deals with phone usage in 2 ways: 1. Phone addict - phone everywhere. 24/7 2. Phoneless luddite - give up the best technology to curb the addiction. The 2 phone system is the 3rd way. All have downsides. Enter the Brick. The Brick is a device that temporarily removes distracting apps (and their notifications) from your phone - leaving only the powerful tools you choose. It comes with an app that allows you to set up different modes to easily set up modes - bricking apps that are distracting in various life scenarios. (You can set as many custom modes as you like - I have 3) It's magnetic and lives on my fridge. Tap the device to turn your phone into a brick. The only way to unbrick your phone is to get up, walk to the fridge, and tap the brick to unlock. Why the brick works? It's a physical barrier that creates friction for meaningless pickups. Exactly what I need. "Is it worth stopping everything to get up and check X?" Nope. You get the best of both worlds on a single phone. The only thing you need is setting the habit of tapping the brick. (The app has metrics of how often your phone is bricked, which helps with accountability) I'm publishing a deep dive on how I am using the brick in my newsletter (going live in an hour), if you are interested. It's a great day to turn your phone into a brick.

REPORT: Activists are upset at YouTuber Mr. Beast for building 100 wells across Africa that provided clean drinking water to its citizens Although the wells provide clean water to half a million Africans, activists are upset with Mr. Beast because they're annoyed a white male was the one who solved the problem. "I’ve been doing this for 15 years, but we’ve been struggling to continue the work because funding, awareness, and advocacy all take work," said founder of FACE Africa Saran Kaba Jones. "Overnight, this person comes along, who happens to be a white male figure with a huge platform, and all of a sudden, he gets all of the attention. It’s kind of frustrating, but it’s also understanding the nature of how the world is," she said before giving him a weak 'thank you.' Others were upset that Mr. Beast "highlighted" the failures of the Kenyan government that maintained the stereotype that Africa is "dependent on handouts… and philanthropic intervention." Mr. Beast predicted the backlash, saying he he knows he is going to get "canceled" but he doesn't care. "I already know I'm gonna get canceled because I uploaded a video helping people, and to be 100% clear, I don't care." Clean drinking water is racist.

The dangers of a Central Bank Digital Currency (CBDC) The government or central bank will be able to program your money. They could determine an expiration date for your money, spend it or lose it. They could set a distance range from your home, can't travel beyond that distance or your money won't work. They could limit the types of products you purchase (no more meat this month).

I’ve lost all patience with the gaslighting about shoplifting—it’s just 1% of revenue, it doesn’t hurt anyone but rich investors, blah blah blah. Using numbers from Lowe's 2022 10-K, here's a quick analysis showing how destructive it really is, including killing 1,500+ jobs. 👇 (1) For retail chains, 1% of revenue is an absolutely massive number. In the case of Lowe’s, inventory shrinkage—most of which is consumer shoplifting or employee theft—cost the company $997M in 2022. That’s right: One company lost nearly a billion dollars from theft. In one year. If that $1B were the revenue of a company in its own right, it would be large enough to be publicly traded. And, again, this is just Lowe’s. Think of the scale if you added in Walmart, Target, Home Depot, Dick’s Sporting Goods, and all the grocery stores and drug stores across the country. Imagine how many billions of dollars that must be. All of a sudden, 1% doesn’t seem that trivial anymore, does it? (2) Even if you still believe that 1% of revenue isn’t that big a deal, let’s look at it in terms of earnings. In 2022, Lowe’s generated $11.9B in EBITDA and $6.4B in net income. That $1B in shrinkage represents 8.4% and 15.5% of those numbers, respectively. In other words, for every $6.50 in earnings for Lowe’s shareholders, they’re losing roughly $1.00 due to theft. If Lowe’s were able to eliminate all shrinkage, EBITDA would grow more than 8%, and net income would grow 11%. The company would generate an extra $710M in earnings, all without having other sell a single extra item or grow sales by even a dollar. (3) For investors, that $710M of foregone net income is massive. In 2022, Lowe’s paid out 36.8% of net income in the form of shareholder dividends—actual cash payments to its owners, including mom-and-pop retail investors and the pension funds that represent a large portion of its shareholder base. Assuming that Lowe’s kept the same payout ratio, eliminating shrinkage would create another $261M available for dividend payments. (4) More important, though, is the earnings that Lowe’s doesn’t distribute—the cash they reinvest back into their business. In 2022, Lowe’s had $1.8B in capex, in the form of new stores, improvements to existing stores, and other strategic initiatives. This $1.8B represented 28.4% of earnings. If Lowe’s kept the same ratio and applied it to an incremental $710M in net income, that would represent an extra $202M available for capex. It costs Lowe’s about $22M to build and stock a new store, and the company has an average of 173 employees per store (inclusive of employees working in corporate-overhead positions). In other words, stolen merchandise is costing the company the opportunity to build another nine stores, which would create 1,500+ new jobs. (5) To summarize: $997M in shrinkage turns into $710M in foregone net income. This foregone net income, using 2022’s ratios, means $261M in shareholder dividends missed out on, nine stores not built, and 1,500+ jobs not created. So you really want to say that shoplifting isn’t a big deal? You really want to justify it and say that it’s a victimless crime? Go tell that to the senior citizens not getting the dividend checks that they otherwise would have received. Go to nine mid-size towns without a Lowe’s and tell them that. Go find 1,500 people looking for retail jobs and tell them that the only people getting hurt here are fat-cat shareholders. Really, go on.

Chase Bank bans #bitcoin & #crypto. 🚫

BREAKING: House Financial Services Committee passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency This is a huge step forward. The #WEF2030Agenda that the #GlobalistParasites want to control the masses with is dead in the water!!! #USA #CBDC Read Here ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ watcher.guru/news/house-com…

Eliud Kipchoge’s 1:59:40 marathon run is truly insane when you break down the numbers: ▫️4:35 per mile pace (the record for one mile is 3:43 and he kept the pace 26x) ▫️OR 2:50 per KM pace (he did it 42x and each kilometre was within 2:48 to 2:52) ▫️The average men’s marathon time for 5km is ~30 mins (Kipchoge’s 5km pace was 14:13 mins, which he did ~8x) ▫️The world record 10km run is 26:11 (Kipchoge’s 5km pace was 28:26 which he did ~4x) ▫️His 100m pace was 17 seconds, which he did 422x ▫️The 21km per hour pace (or 13 miles per hour) isn’t even available on some treadmills The sub-2 hour run — which was staged in Vienna in 2019 — is unreal but doesn’t count for marathon record purposes. Why? Because the event was optimized for Kipchoge: coaches brought him water and he had pacemakers (including a car laying down a laser beam). The human pacemakers might be my favourite part. They were 41 of the world’s top runners with >50 combined medals at Olympics and World Championships. All knew Kipchoge was the GOAT and chipped in. Kipchoge’s pace was so punishing that the pacemakers swapped in and out at 5-minute intervals. The best part — shown below — is when Kipchoge waves them off at the end and they cheer him on as he goes HAM to the finish line.

The real people running this country & the global economy, their names will never be on a ballot BlackRock & Vanguard have an unprecedented amount of power in our economy, both domestically and internationally Most people have no idea that these companies exist, let alone know the names of the people running them and making decisions for the entire global economy. “They’re just asset management firms!” They manage over $10 TRILLION in assets (half of United States GDP) and sit on the boards all of these companies that they own a significant chunk of from Media to Big Pharma to Silicon Valley. BlackRock and Vanguard are pulling strings in nearly every sector of the average American’s life and yet there is hardly any gen pop knowledge of who they are or what they do despite their massive contributions to our current socioeconomic crisis.

Vote out everyone who votes against this bill. They are the enemy.

The way that Jensen Huang runs Nvidia is wild: 40 direct reports, no 1:1s - Believes that the flattest org is the most empowering one, and that starts with the top layer - Does not conduct 1:1s - everything happens in a group setting - Does not give career advice - "None of my management team is coming to me for career advice - they already made it, they're doing great" No status reports, instead he "stochastically samples the system" - Doesn't use status updates because he believes they are too refined by the time they get to him. They are not ground truth anymore. - Instead, anyone in the company can email him their "top five things" with whatever is top of mind, and he will read it - Estimates he reads 100 of these everyone morning Everyone has all the context, all the time - No meetings with just VPs or just Directors - anyone can join and contribute - "If you have a strategic direction, why tell just one person?" - "If there is something I don't like, I just say it publicly" - "I do a lot of reasoning out loud" No formal planning cycles - No 5 year plan, no 1 year plan - Always re-evaluating based on changing business and market conditions (helpful when AI is developing at the pace that it is) This org is optimized for (1) attracting amazing people, (2) keeping the team as small as it can be, and (3) allowing information to travel as quickly as possible

The game of "you will own nothing" is proceeding on plan and on schedule. How does this end? 🚨 🔊... (sound) They are pricing home ownership out of reach for most of the country now. Rents are reaching a level that most people don't even have a chance to ever build up enough for a down payment. Incomes are not even remotely keeping up with housing and food inflation.

Nancy Pelosi and Mitch McConnell were only worth $4.4 million when elected to Congress. Today, they are worth a combined $360 million. So, with an annual salary of only $193k, how did they increase their net worth by a staggering 8081.82%? They abused their authority as the most influential members of Congress to solicit insider information and negotiate backroom deals, outperforming the stock market and top hedge funds. Nearly 100% of Americans age 80 or higher are retired, yet Pelosi and McConnell, who are both over 80, continue to hold some of the most powerful positions in the world. Corrupt career politicians like this can be eliminated by enforcing term limits for members of Congress. When is enough enough?

Here's your mindbender for the day. @RobertKennedyJr distrusts big pharma. He also has a voice disorder called spasmodic dysphonia. I once had the same disorder. My voice problem was cured by surgery. I got the surgery after interviewing others who had been cured the same way. Now suppose you Google searched for "cure for spasmodic dysphonia"? What would come up? Would the surgical cure come up? Nope. You would only find Botox injections listed as a treatment but not a cure. Very expensive per dose. Lifetime treatments required. Now, why do you suppose Google hides the cure and promotes the expensive non-cure? It's exactly why you think it is happening. I was first told of this years ago. Did not believe it until I saw it myself. Probably 30,000 patients with this disorder can't find information about the cure, and that includes doctors. I found the cure by tracking it down from doctor to doctor to get a personal recommendation for the surgery. After I was cured, I did a major publicity effort, including a feature in People, so people would know the cure exists. Good luck finding it now.

@Leland_Jerome How can they govern our lives if they can’t govern their own?