strachan

I told a guy at a barbecue last weekend that I had been buying busted small-cap software stocks at 4x free cash flow, and he looked at me with the specific facial expression of a man who has just realized he is trapped in a conversation with someone who voluntarily reads 10-Ks on vacation. He asked, with great gentleness, if I had considered Nvidia. I said I had considered Nvidia in the way one considers jumping off a bridge: briefly, theoretically, and with a clear understanding of the outcome. I told him I owned a company that sells dental practice management software to 11,000 orthodontists and that the CEO, a 64-year-old man named Greg who has not updated his LinkedIn since 2017, was, in my professional opinion, the single greatest capital allocator alive in North America today, and that I would, if legally permitted, have Greg’s name tattooed on my forearm. He asked if Greg knew this. I said Greg did not know I existed, and that this was the foundation of our relationship and the source of its strength. He excused himself to go check on his children, who, I observed, were not present at the barbecue. I stood by the grill alone for the next 40 minutes, eating directly from a bag of buns, thinking about Greg, who at that exact moment was, somewhere in suburban Indianapolis, almost certainly buying back stock at prices that will, in 2031, be regarded as the single greatest gift any small-cap CEO has ever given his shareholders, and the host’s wife came over and asked, with palpable concern, if I needed a ride home, and I said no, I needed nothing, I had Greg, and Greg was enough, and I have not been invited back to that house, and I do not care, because Greg loves me even though Greg does not know I am alive, and the math, as it has always been in every great deep value trade in history, is the only thing in this country that has not lied to me.

this is genuinely so fucking funny i can’t believe i’ve never heard of this before

French exceptionalism

While American female beauty standards have only escalated in the last 40 to 50 years, male beauty standards have fallen off a cliff. Men in the 1980s were expected to daily do their hair, sometimes using even more products than women. If you went to a club, men wore elaborate, fashionable outfits, accessories, and layers. Today, women wear far more makeup, and far more types of makeup exist. But finding hairspray, mouse, or a blow-dryer in a man's bathroom is rare, nearly all his shirts will be black, the pants he wears to a club are likely not to fit properly, and he is likely to be called a slur for homosexual if he wears accessories and a leather jacket. He will show up to work with his hair brushed, at best, and an unkempt scruff or beard. If he joins the military or goes to a school with an uniform, the standards for personal hygiene will feel oppressive, but women will find them refreshingly simple. The explanation is that men simply are not trying anymore, nor are they expected to. We evolved over millions of years by female-driven mate selection, like nearly all social mammals. The truth, recognized even by Darwin at the advent of the discovery of evolution, is that women typically serve as reproductive gatekeepers, because they bear much higher biological costs of reproduction than men. The falling rates of people dating or marrying have many factors, but this likely is one of them. Many women find dating these days to be too costly with little reward. Why put on airs and break out hundreds of dollars worth of personal hygiene products and makeup to meet a man who shows up late, finds one to be an acceptable number of eyebrows, and will ask you, eyeing your breasts in a fetching push-up bra, what you bring to the table, as if he is the prize to be wooed?

Dune isn’t the kind of movie you go see with a romantic interest btw. You need to go alone or with like minds so nobody interrupts your lock in🙂‍↔️

I got chills.

First look at ‘DUNE: PART 3’.

DUNE PART THREE

Timothée Chalamet getting hate for making a fundamental Gen Z mistake: never show that you care. If Alyssa Liu is asked about skating, she says she likes doing other things. If Zara Larsson is asked about her abs, she eats like everyone else. Success is just given without work.

a company dies once the funny people leave

Sunglasses worn too much rob your brain of photons. Stanford’s Dr Tony Wyas-Coray (scientist identifying proteins to rejuvenate tissues). Note (before the Ophth. folks blow a gasket) in the full context, we discussed UV exposure and cataract, etc. times when UV is low.