Pat East

@iancassel @GavinSBaker How does this reconcile with Phil Jackson winning 11 championships across 2 franchies? His triangle offense worked with Jordan and with Kobe, both.

So good by @GavinSBaker In Michael Jordan’s second to last year with the Chicago Bulls, Jerry Krause, GM of the Bulls said, “Listen players don’t win championships, organizations do. It isn’t just Jordan or Pippen. It’s how we scout, draft, train, it’s our system." Well… after Michael Jordan left they never won another championship. The thing allocators struggle with is it feels safe and good to say there is a process and its repeatable. Yes, it is important to have a process that is repeatable that works for you, but any process that is repeatable that generates significant alpha will be quickly arbed away in a competitive world. So where does repeatable outperformance come from? I would submit that any investment organization no matter how big, there are somewhere between 2-10 people where if you took those people out, and that organization would have the exact same process, the results would be dramatically different. podcasts.apple.com/us/podcast/cap…

@realEstateTrent What was the prompt that you used, if you’re willing to share? I’ve tried to do something similar but on topic by topic basis. ChatGPT seems to exclude a lot of pertinent information.

Been using ChatGPT for years, and finally downloaded Claude tonight. I asked ChatGPT to put together a comprehensive summary of everything it knows about me, and copied and pasted it into Claude. Holy smokes!

@aaron_renn Do you have a source for this?

Reminder: At least 90% of the H-1B program is about replacing US citizen workers with cheaper and more easily exploitable foreigners. That’s it, basically.

@immad Culture-fit assessment tests: Every company says culture matters, but no one measures it. Culture fit supports success. A superstar in the wrong place fails. A solid performer in the right place thrives. The next big unlock is testing for cultural alignment.

Respond to this tweet with a startup idea. I will tell you whether I would take a investor meeting or not and why for that idea, assuming it came in from a strong warm intro. I can tell in 280 chars whether an idea is interesting to me and why. Maybe it will be useful feedback.

@MerriamWebster Facetiously, I could not agree more

Is there a word that uses all the vowels including ‘y’? Unquestionably.

Camp Atterbury was used by the Biden administration to bring unvetted Afghani evacuees into the country.

@IndianaFootball #Freezefest visitbloomington.com/freezefest/

Our HC, in ice form. 🧊

@moskov @sathish__ I am in agreement with you all about help. I’m just pointing out that Biden isn’t sitting in his hands.

@moskov Explanation of why this is easier said than done vanityfair.com/news/2021/04/w…

The Oscars are here! Which sports movie gets your vote? Watch the Academy Awards at 8 PM ET on ABC 🎞

@ChuckleeDoRight 28 miles from where I grew up, 6 miles from where I was born

@weswinham 👍🏾

@pateast A comment from here: #comments" target="_blank" rel="nofollow noopener">marginalrevolution.com/marginalrevolu…

High capital gains tax rates are not good for the middle class. The rich switch asset allocations out of the public stock market. They adapt to avoid the tax, so wealth develops outside the stock market. Raise the marginal income rate more, instead.

@adeolonoh @weswinham @zentzie14 @KristenCooper23 I deleted my spreadsheet but potential differences are a) I didn't include IN just to keep it simple and b) 80% guaranteed is subject to the new rate but earn-outs in years 1 and 2 are $1mm so they're taxed at previous rates and c) I used tax brackets so there's a stairstep

@pateast @weswinham @zentzie14 @KristenCooper23 Not sure I understand the math here. Total tax in IN would be 47% so total take home = $5.3M

Is there any modeling about how a capital gains increase affects early-stage startup investments? Doubling the top rate means there is 25% less capital available to reinvest. Does that amount materially impact early-stage startups or is there enough investment already?

@ConservativeHT @ChefGruel Thank you, I appreciate it!

This is an important message, but one that will get buried and ignored. This info is not new; it was posted on CDC site about 1 year ago. I tweeted it then (only to get lambasted), but here we are.

@SanClementeJedi @yashar @elonmusk You’re saying that SpaceX’s rocket vertically landed on its own?

@pateast @yashar @elonmusk He didn’t figure out shit

Elon Musk is hosting SNL on May 8 with musical guest Miley Cyrus. No joke.

@XenonSerifex @realRichieSoans @yashar @elonmusk Your screen grab argues against your own claim of Jobs designing. Have a good night.

@pateast @realRichieSoans @yashar @elonmusk source me anything elon has personally engineered

@XenonSerifex @realRichieSoans @yashar @elonmusk You’re saying Musk built a team that did the vertical landing? Despite others trying it and it not working?

@pateast @realRichieSoans @yashar @elonmusk reusing elements of rockets isn't new, vertical landing was already being developed, but was only implemented by engineers who were hired by musk after the entire space budget was made essentially nonexistent in the 90s

@realRichieSoans @XenonSerifex @yashar @elonmusk You’re being vague so I’m asking. I think your claim is that an air-launched rocket was the underlying technology that made SpaceX’s version possible? Like all they had to do was take NG’s rocket and <<do nothing>> then SpaceX’s rocket self-landed on its own on the first try?

@pateast @XenonSerifex @yashar @elonmusk You don't know English? Wow!!!

@realRichieSoans @XenonSerifex @yashar @elonmusk What does “in its infancy” mean?

@pateast @XenonSerifex @yashar @elonmusk It was already in its infancy way before SpaceX was a twinkle in Elon's eyes