Sunday Finds From Chit Chat Money
Interview with Lawrence Hamtil, Roblox, and Magnite
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Smart and Funny Tweets:
The five questions I ask myself before buying a stock:
1. Likelihood of a 10X in 5-10 years? (Ceiling)
2. Likelihood of a 0X in 5-10 years? (Floor)
3. How excited am I to own it for 10 years?
4. How much time did I spend researching it?
5. Was there a wow moment?
1/ One of the biggest macrohistorical tech trends that I feel like nobody talks about is the triumph of closed systems over open systems in the last 20 years
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Get a cup of coffee.
In this thread, I'll help you understand the relationships between *investing* and *inflation*.
I’m reminded of a chat I had back in 2017 as I got off the plane in Vegas for re:Invent
Them: “do you come to Vegas much?”
Me: “regularly”
Them: “do you gamble?”
Me: “yes, I run all my prod on single instances in US-east-1”
In the category of I thought I’d seen it all, on a day when $548B market cap Berkshire Hathaway $BRKA $BRKB hits an all-time high, it is smaller by market cap than $TSLA? The car company is reported as a $500B market cap. No it’s not... 1/
Jay-Z is becoming "chief visionary officer" of a cannabis company that's going public via a SPAC, and which raised seed funding from Joe Montana.
2020 is weird.
