CF

4.6K posts

CF

CF

@Clearingfog_

Private equity investor trying to better understand how the world works. DMs open / encouraged

Manhattan, NY เข้าร่วม Şubat 2009
1.5K กำลังติดตาม6.3K ผู้ติดตาม
CF
CF@Clearingfog_·
Any one trying to buy a $1.4mm lake house an hour from NYC? Selling in next month and not trying to pay some RE agent a trumped up Lehman fee when they don't even write a CIM. View below
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CF@Clearingfog_·
@FrankieFF_ Uber - train is doable but then 1.5 hours plus
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cephalopod
cephalopod@macrocephalopod·
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Patrick Collison@patrickc

I'm lucky enough to have a great doctor and access to excellent Bay Area medical care. I've taken lots of standard screening tests over the years and have tried lots of "health tech" devices and tools. With all this said, by far the most useful preventative medical advice that I've ever received has come from unleashing coding agents on my genome, having them investigate my specific mutations, and having them recommend specific follow-on tests and treatments. Population averages are population averages, but we ourselves are not averages. For example, it turns out that I probably have a 30x(!) higher-than-average predisposition to melanoma. Fortunately, there are both specific supplements that help counteract the particular mutations I have, and of course I can significantly dial up my screening frequency. So, this is very useful to know. I don't know exactly how much the analysis cost, but probably less than $100. Sequencing my genome cost a few hundred dollars. (One often sees papers and articles claiming that models aren't very good at medical reasoning. These analyses are usually based on employing several-year-old models, which is a kind of ludicrous malpractice. It is true that you still have to carefully monitor the agents' reasoning, and they do on occasion jump to conclusions or skip steps, requiring some nudging and re-steering. But, overall, they are almost literally infinitely better for this kind of work than what one can otherwise obtain today.) There are still lots of questions about how this will diffuse and get adopted, but it seems very clear that medical practice is about to improve enormously. Exciting times!

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CF@Clearingfog_·
Red head has extreme melanoma risk...crazy what insights LLMs can produce these days. Kidding aside seems worth doing
Patrick Collison@patrickc

I'm lucky enough to have a great doctor and access to excellent Bay Area medical care. I've taken lots of standard screening tests over the years and have tried lots of "health tech" devices and tools. With all this said, by far the most useful preventative medical advice that I've ever received has come from unleashing coding agents on my genome, having them investigate my specific mutations, and having them recommend specific follow-on tests and treatments. Population averages are population averages, but we ourselves are not averages. For example, it turns out that I probably have a 30x(!) higher-than-average predisposition to melanoma. Fortunately, there are both specific supplements that help counteract the particular mutations I have, and of course I can significantly dial up my screening frequency. So, this is very useful to know. I don't know exactly how much the analysis cost, but probably less than $100. Sequencing my genome cost a few hundred dollars. (One often sees papers and articles claiming that models aren't very good at medical reasoning. These analyses are usually based on employing several-year-old models, which is a kind of ludicrous malpractice. It is true that you still have to carefully monitor the agents' reasoning, and they do on occasion jump to conclusions or skip steps, requiring some nudging and re-steering. But, overall, they are almost literally infinitely better for this kind of work than what one can otherwise obtain today.) There are still lots of questions about how this will diffuse and get adopted, but it seems very clear that medical practice is about to improve enormously. Exciting times!

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CF@Clearingfog_·
@OneManLBO Then forget top decile need top 1%
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One Man LBO
One Man LBO@OneManLBO·
@Clearingfog_ I’d need LPs to wail and hug my gravestone. At the very least
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PEoperator⚡️
PEoperator⚡️@PEoperator·
Who is defending private equity outside of people in private equity?
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CF@Clearingfog_·
@moneyfetishist @PEoperator Never heard of the position in PE. first year associates clear $200 easily
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moneyfetishist@moneyfetishist·
there is this saying that the greatest ambition of a slave is to have slaves. humans don’t resent systems that hurt them. they resent their position within the system. the moment you offer them a higher position they will defend the exact structure they claimed to oppose five minutes ago. this is how every hierarchy in history has sustained itself. the people who defend PE the hardest outside of PE are the ones PE extracts from the most. middle managers at portcos who got their headcount cut by 30% but brag about working for a “PE-backed company” because it sounds prestigious. search fund operators buying $3M EBITDA businesses with SBA debt and calling themselves private equity because the title feels like proximity to power. MBA students who spent $200K on a degree specifically to get into PE and now have to justify that decision psychologically for the rest of their lives regardless of whether they got in. consultants who bill 80 hours a week building decks for GPs at a fraction of the carry and defend the model because admitting the economics are exploitative would mean admitting they are being exploited. junior associates at funds pulling 90 hour weeks for $150K while the partner makes $15M and they defend the structure because they believe they will be the partner one day which statistically almost none of them will be. they are not defending PE. they are defending their belief that their suffering is an investment rather than a cost. because if it’s an investment it has a future payoff that justifies the present pain. and if it’s a cost then they are just getting extracted from like everyone else and the selfimage collapses.
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CF@Clearingfog_·
My LinkedIn posting is a nightmare after giving access to "marketing folks"
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CF@Clearingfog_·
Agree with @xwanyex pov... incredibly ignorant take but to me it comes down to humans with 20 watts can still do things intellectually different / more valuable than a LLM with a million times that amount of power -- seems the approach is fundamentally wrong....believe that will change but feels farther off than the hype...and of course big caveat on I don't know what I'm talking about.
wanye@xwanyex

Again, this is just a case of there being nothing wrong with the argument, but something still being subtly wrong with the way it’s presented, something off. I don’t understand how there could be a software engineer alive who didn’t already believe that there existed bugs in very old, well-tested software that had never previously been discovered. And I fail to understand how anybody would have any intuition other than that advanced LLMs would be able to uncover such bugs. I feel like you could put two and two together on this the first time you ever watched an LLM spit out code.

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CF@Clearingfog_·
That feeling when you get a notification about a mass deletion of files on your drive and you know the VP is currently using claude code 😰😰
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CF@Clearingfog_·
@dealflow_guy @grok Y r u spamming with grok slop? If you don't think anthropic sees the need to bolster their ability to defend against nationalization or some other govt act then agree to disagree.
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CF@Clearingfog_·
Claude, write me a strategy document on how to unwind the PR nightmare I found myself in five weeks ago... Ok now create an incentive package to loop in other companies so I have a coalition Ok make it sound cool / cutting edgd with some transparency involved Ok make sure there is fear mongering the citrini piece did wonders for our ARR Cool cool, now let the researchers know they need to improve the model incrementally, throw in some cool "case studies" and ship it.
Anthropic@AnthropicAI

Introducing Project Glasswing: an urgent initiative to help secure the world’s most critical software. It’s powered by our newest frontier model, Claude Mythos Preview, which can find software vulnerabilities better than all but the most skilled humans. anthropic.com/glasswing

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CF@Clearingfog_·
@dealflow_guy @grok Relevance? Stroke of the pen risk is existential u protect against that not a slowing growth rate (which they clearly don't have)
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CF@Clearingfog_·
Hitting Vegas for 72 hours this weekend for a bachelor party...about 36 more than needed but hopefully come back being able to fully fund my own deals going fwd. we'll see
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CF@Clearingfog_·
Wonder who the next Munger will be :(
Giuliano@Giuliano_Mana

There was this 99-year-old person whose story is astounding. The most accomplished people in his field showed up to his funeral. John Collison interviewed him at 99 (still incredibly sharp). A book of his speeches changed millions of lives. And on top of all that, he co-built a $1tn corporation. 'My mind is fine, but I'm short of a prodigy. Yet I've gotten results that are prodigious. So how did I achieve all of this? With a bunch of mental tricks'. And those tricks came from: - Physics: Inversion, square-cube law. - Psychology: conditioned reflexes, biases, incentives. - Biology: Natural selection, ecosystems. - Economics: Principal-agent problem, comparative advantages. - Field-agnostic: look for big nuggets of gold, find out what works and do it. - Mathematics: Decision-tree theory, Bayesian statistics. The more time elapsed, the better this man seemed to become. Compound interest was working in his favor. And it operates at extremely high rates in mental territory. He was never in a rush to get rich because he knew he'd get there. In his 80s, he was still extremely active: - Bought equity in banks during the '08 crash and BYD. - Took one idea from a magazine he'd been reading for 50 years, turned $4M into $80M. Gave that money to Li Lu, who turned it into $400M. This man learned from the wisest people in history. Applied the ideas of Cicero, Franklin, and Confucius. Admired the greatest nation-builder of all time: Lee Kuan Yew. Just flabbergasting. He really just learned from everything that's out there.

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