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Tren Griffin
@trengriffin
, 3 tweets, 1 min read Read on Twitter
"The S&P 500 has closed higher for seven trading days in a row, its longest winning streak since October 2017." reuters.com/article/us-usa…

Seven years for your dog equals one year for you.
Seven days for a trader equals one minute for an investor.
Apparently I missed "a panic." I am sorry for not paying attention. It won't happen again! reuters.com/article/us-glo… Also apparently I need to be thinking a whole week ahead. Woah, a full week? That's like so long term. Who thinks that far ahead?
Who knew that I should keep an eye out for further details on cheap loans known as the targeted long-term refinancing operations (TLTROs)? Unfortunately, I would rather poke myeslf in the eye with a sharp stick than do that. I will stick with microeconomics (business operations).
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More from @trengriffin see all

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Tren Griffin
@trengriffin
1/ "Brilliance can’t be taught, but the operational stuff can be. Do you have operational instincts? Who cares? If you work with me for six months, I can give you enough prowess and process to be able to go run something, and do something with it.” Bill Campbell (AKA "coach").
2/“You need a leader. You have to go out and recruit the best person you can who knows how to create an innovation culture. Give that person license to hire. Get yourself some teams. Recruit people who have the ‘DNA’ that you want.” Coach Campbell
3/ “He or she doesn’t need to be personally the most innovative person, but he or she needs to know how to foster innovation. It is all about people. If you have the right people, you will end up with the right culture.” Coach Campbell
Read 9 tweets
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Tren Griffin
@trengriffin
Falcon Heavy’s center core and two side boosters land upright today. Amazing innovations. A different question: is the benefit of these innovations producer surplus or all consumer surplus? Does innovation make GDP go up or mostly down? Is there pricing power? How big is the TAM?
You can see what innovations in launch systems (e.g., re-use) have done to rocket launch prices in the chart. Prices are *way* down. You can fit a lot of 400 kilogram satellites on the Falcons. The 64,000 kilogram question is: what is the elasticity of demand for rocket launch?
What the Falcon Heavy launch today proves is that people who claim innovation is slowing are out of the damn minds if you look at what is happening at a microeconomics level. A rocket and two side boosters landed standing up and can be reused. Magical! cnbc.com/2019/04/11/liv…
Read 3 tweets
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Tren Griffin
@trengriffin
1/ "You can name people who are richer than Rich Barton, but you can’t name very many people who have his track record. You will find very few people in this country who have as many times created something from nothing.” Nick Hanauer. A chapter on Barton: amazon.com/Lessons-Entrep…
2/ "User-generated content models are magic because the more reviews you have of hotels, for instance, the more it attracts users to the site. And the more users you have the more reviews you get. This is a very simple, elegant example of a positive feedback system." Rich Barton
3/ "We didn’t have much money so we couldn’t invest in advertising, but we knew the most important 'P' of the Marketing Mix 5 P’s is 'Product.' So, we built a highly provocative product (with the Zestimate), and married that to PR." Rich Barton. Low CAC is a wonderful thing.
Read 6 tweets

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Filomena Rocha, President European Commission
@Filomen03258997
17. - Attempted coup in Venezuela with support from the US - 2019

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I can almost feel the excitement of the political journalists, "we've got something to cover that isn't Brexit..."
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Bring the manufacturing (jobs) home while negatively impacting China's economy.
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Is President Obama Reading A Muslim Book Called The Post-American World? wafflesatnoon.com/is-president-o…
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Julie Laumann #FBPE 🌎
@Otpor17
To put this another way, CBO finds the Trump 2019 budget woukd add the current market value of 125,313,283,000 Trump North Korea Summit coins (now 20% off!) more to the deficit than the White House claimed. #winning
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That $2 trillion added to the national debt by the GOP tax cut? This is where it's going.

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Corentin Sellin
@CorentinSellin
Bon, petit #thread avant week-end de #Pâques sur l'enquête #Mueller car ça recommence à bouger autour d'1 acteur devenu central, Rick Gates, l'ancien directeur adjoint de campagne de #Trump qui a choisi de plaider coupable et de coopérer avec le procureur...
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