1/ In October 1945 Arthur C. Clarke published an article in Wireless World. It described a communications system of three satellites at altitude of 35,900 kilometers whose period exactly matched the earth's rotational period. I met with him only one time. celestrak.com/columns/v04n07/
2/ Orbits have different eccentricities – a measure of how circular (round) or elliptical (squashed) an orbit is. Non geostationary orbits (NGSO) can look quite odd at first like this one Boeing would like to use for a satellite system at Ka and V band.
licensing.fcc.gov/myibfs/downloa…
3/ I try to include some science in my tweets since you can't understand business today without it. Another example would be propagation of radio waves at V band (40 to 75 GHz). Even oxygen creates problems at this frequency as does rain. Everything (almost) is a trade off.
4/ Example: NGSO satellites in a high orbit.

Good: Less satellites needed to have continuous coverage; can see more of earth allowing capacity to be focused with beam steering more easily.

Bad: greater signal delay and harder to create a link due to distance.
5/ Sometimes a technology works around what seems like a physics barrier.

Example: MIMO exploits "spatial diversity" since each pair of transmitter-receiver antennas use a different wireless channel, for each of which the Shannon limit still holds. waveform.com/blogs/main/5g-…
6/ Each satellite orbit and frequency has favorable and unfavorable attributes.Customers will want multi-orbit and multi-frequency solutions. With modern electronics and software there's no reason for customers to select just one solution. Having the best of all is best. Mars tho
6/ If you are an investor and you don't understand the science at the level in this thread you can't understand something like the Starlink satellite system which provides most of the value of SpaceX. You don't need to do the math, but you do need a base level of understanding.
7/ Valuing any communication network requires an understanding of science. The laws of physics are not just guidelines. They can be your friend or enemy. news.google.com/articles/CAIiE…

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More from @trengriffin

5 Oct
What business is this?
2/ What's wrong with this picture?
3/ Clue: "Capital expenditures were $592 million for the year ended December 31, 2020, compared to $773 million for the year ended December 31, 2019."
Read 4 tweets
4 Oct
1/ What business is this?
2/
3/
Read 4 tweets
3 Oct
A sentence I don't need to write now (already done):

"Consumers are crazy to buy things because the world is awash with dollars from government stimulus, higher savings and pent-up demand. PlayStations, laptops, phones, gym equipment – you name it people are trying to buy it,”
Systems were not set up to deal with a surge in demand of this magnitude over a time period this short. The time it will take for systems to be rebuilt and reconfigured to meet this new reality will be longer than most people imagine. Atoms must be moved. amp.theguardian.com/business/2021/…
At the same time as the demand for goods increased some key people failed to forecast the speed at which the demand for chips would increase.

Software ate the chip supply.

The best way to escape responsibility for this forecasting error is to point a finger at another cause.
Read 5 tweets
2 Oct
The best oyster in the world is a Kusshi in my view. What is your favorite?
kusshioysters.com/about/bc-oyste… Image
We are growing Kumamotos which "are worshiped for their amazing sweetness and clean, fruity aromas. These Japanese natives grow agonizingly slowly." I wish we could grow Kusshi's too. We also grow triploid Pacific oysters. buy.taylorshellfishfarms.com/oysters/kumamo…
As everyone knows, I was considered the favorite to win the West Coast Oyster Shucking Championship held this weekend every year since 1982 in Shelton Washington.

Due to the Covid pandemic the championship was virtual this year. I will "keep clam" about my practice routine. Image
Read 4 tweets
28 Sep
1/ "We're talking about math of tons -- 100 or 150? Musk says Starship has 10x the payload of Falon 9 for 15x lower cost, hundredfold better. Lots of estimates here, but they add up to "Profound," Musk says." theverge.com/2021/9/28/2269…
2/ "Starlink is good in and of itself. It’s a very nice complement and a necessary complement to 5G and fiber, and it provides a revenue stream across our next generation rocket.” Starlink really isn't designed for use in the city." Elon Musk
3/ "Starlink tops out at 3 or 4% of [global telecom] revenue. He would like a bigger chunk of the global ISP pie and then use those increased profits to fund more SpaceX work. Starlink is for the least-served 5%. It's "not a threat to 5G or fiber or anything like that.” Elon Musk
Read 4 tweets
27 Sep
1/ "There are two kinds of businesses: The first earns twelve percent, and you can take the profits out at the end of the year. The second earns twelve percent, but all the excess cash must be reinvested-there’s never any cash."
2/ "It reminds me of the guy who sells construction equipment -- he looks at his used machines, taken in as customers bought new ones, and says, “There’s all of my profit, rusting in my yard.” We hate that kind of business." Charlie Munger (2003 Berkshire Hathaway Annual Meeting)
3/ "We love businesses that can earn high rates on even more capital than it earns. Most of our businesses generate lots of money, but can't generate high returns on incremental capital like See's. We look for [ways for See's to wisely reinvest capital], but they don't exist." WB
Read 4 tweets

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