In INVESTING

4 most dangerous words—“It’s different this time”.

4 most profitable words—“it’ll rot your brain”

When those are uttered by parents or politicians: run + buy
video games
rock’n’roll
internet

US Congress (1955) Comics + Juvenile Delinquency
thecomicbooks.com/1955senateinte…
2/
PS: two comic/graphic novel titles i recommend

BRZKR + ETHER…
3/ BRZRKR (created by Keanu Reeves)…

has very cool simple story + detailed art
and when you zoom out has VERY cool color gradient from start to finish…

Watch colored pages chance with the scroll from this POV
4/ And HERE is screen video of the pyschedlic technicolor beauty of ETHER which is about the SCIENCE of the surreal + MAGIC…

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More from @wolfejosh

10 Jul
1/ Outstanding op-ed by Brett Swanson @entropyecon

A few excerpted zingers in this THREAD…
wsj.com/articles/big-t…
2/
-“Index funds exist because security prices are nearly impossible to predict. So if expert computer modelers can’t yet predict temperatures in a single complex realm—climate—how can we take seriously BlackRock’s triple extrapolations of the climate, the economy and finance?”
3/
“Who wants to bet BlackRock, which just won a first-of-its-kind approval to operate in China, won’t force every Chinese firm to submit to Mr. Fink’s climate vanities in the name of fiduciary risk management, or even saving the planet?”…
Read 9 tweets
23 Jun
1/We started Coney Island Prep public charter school >12yrs ago to give kids
the right heroes
deep desire to learn
high expectation
to get into college & career of their choice

From 90 5th graders in a room in the projects to > 1100 scholars + 200 staff + 💯college acceptance
🤯
2/ Part 2... @CiPrep
Part 3...@CiPrep
Read 6 tweets
10 Jun
1/ BRILLIANT Q&A by @barronsonline—with Impactive Capital
Lauren Taylor Wolfe @ltwolfe + Christian Asmar @ChristianAsmar

A few gems:

Now over $1 billion - their style of ACTIVIST INVESTING:
-very concentrated
-3yr+ holding periods
-trust-building with management + non-hostile
2/ On how Impactive @ltwolfe + @ChristianAsmar

get the INVITE to join boards
vs having to FIGHT via proxy contests...

and how customers + employees are voting their VALUES
with their most VALUABLE things: cash 💵+ time⏳
3/ Great quote Lauren Taylor Wolfe @LTwolfe

“When you REDUCE your investment universe
you REDUCE your opportunity for return...”

And @ChristianAsmar on
adding to a high conviction investment when its price goes down...
Read 5 tweets
2 Jun
1/ Either we believe in the VIRTUE that people can (+ wish to) improve & be just a bit better than they were yesterday or we believe they are set in stone + unredeemable.

This was a chilling moment for me thinking of the "corrections" society seeks + the lives in this bus...
2/ Whether a serious crime or a thought crime

a transgression where someone did something considered WRONG today

But either
a) didn't know it was WRONG
(and error corrected on learning)
-or-
b) it wasn't considered WRONG
at the time they did it

means...
3/ JUSTICE ought time travel JUSTLY

Standards change—We ought hold others to standard now + hence not past

-a past crime,newly discovered,gone unpunished but for evasion OUGHT BE punished

-a past act,deemed present offense,newly discovered,not previously punishable OUGHT NOT
Read 5 tweets
24 May
1/ LOVE this.

3 big NEW products revealed from Lux family co @latchaccess

-LatchOS for commercial offices 🏢
-Latch Visitor Express 🎡🏟
-Latch ID 🆔💳

Here’s genius founder/CEO @LASchoenfelder explaining the news...
2/ LatchOS for commercial offices enables them to serve...

more than 50 million new potential users in powerful ways through their existing, product platform
3/ Latch Visitor Express—

changes how people experience new spaces for the 1st time, including some of the world’s most iconic properties
-Rockefeller Center ⛸
-Empire State Building 🗽
-Brookfield Place 🍎
Read 4 tweets
24 May
1/ Our US experiment has 100% been hacked

by cynical "leaders" of political parties + well-intentioned others + foreign enemies fanning 🔥 NOT as nationalists but as populists seeking to destroy nation by dividing us into TRIBES + fueling US to hate EACH OTHER more than 'them'..
2/ At meta level the tribal division is those who

UNITE—or DIVIDE
Mesh—or clash
Band—or disband
Merge—or diverge
Integrate—or segregate

This doesn't mean disavowing disagreement—but rather finding nuance to see + criticize "others" as ERRED protagonists + not EVIL antagonists
3/ Were I foreign enemy set to weaken the US i 'd not attack it kinetically from OUTSIDE, but do it from INSIDE.

Create constant low-simmer civil war, deepen rifts, provoke tribal Us vs Them alliances recasting identity, rewrite history, dissolve MYTH of "United States" so that-
Read 4 tweets

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