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Dunking on the pharma industry with @costplusdrugs.com, the lowest prices on meds anywhere. check it out !
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Jan 3 5 tweets 3 min read
Let me help you out and give you my thoughts on DEI
1. Diversity
Good businesses look where others don't, to find the employees that will put your business in the best possible position to succeed.
You may not agree, but I take it as a given that there are people of various races, ethnicities, orientation, etc that are regularly excluded from hiring consideration. By extending our hiring search to include them, we can find people that are more qualified. The loss of DEI-Phobic companies is my gain.

1a. We live in a country with very diverse demographics. In this era where trust of businesses can be hard to come by, people tend to connect more easily to people who are like them. Having a workforce that is diverse and representative of your stakeholders is good for business. 2. Equity
Treating people equally does not mean treating them the same.
I made the mistake for a lot of years thinking it did.

Equity is a core principle of business.
Put your employees in a position to succeed. Recognize their differences and play to their strengths where ever possible. It is not a hard concept. But it is not easy to implement. Most workforces don't have the depth of management to do this well. When it's not done well it can create tension and resentment.
Mar 11, 2023 6 tweets 2 min read
A couple SVB thoughts. 1. 250k is too low. It's insane that a small company with say 2.5m in payables and payroll at the end of the month should be "prudent" and split their cash across 10 banks in case of a run. The fees and admin would be crazy. But great for banks 2. Where were regulators ? They are supposed to watch and warn. 3. Can't wait to see how many people yanked their money, told others to, and shorted the stock. 4. Will the number of emps that aren't paid this week lead to a multiple of that number not being paid in 2 weeks ?
Nov 13, 2022 4 tweets 1 min read
A basic question. Why have I invested in crypto? Because I believe Smart Contracts will have a significant impact in creating valuable applications. I have said from day 1, the value of a token is derived from the applications that run on its platform and the utility they create What has not been created is an application that is ubiquitous. One that is obviously needed by everyone and they are willing to go through the learning curve to use. Maybe it never comes. I hope and think it will
Nov 12, 2022 6 tweets 2 min read
The stockmarket is a platform where comps pretend that their shares of stock represent ownership in their enterprise. Using this pretense, they actively market their shares to buyers, attempting to drive up the price, often buying shares themselves, to make up for lack of demand Leveraging real or artificial demand they issue shares to themselves to accelerate their compensation, rarely doing the same for all but the employees who are already highly compensated.
Nov 10, 2022 7 tweets 2 min read
The value of Twitter to me is the speed at which I can get and share information. Just like you use it. BUT, Twitter stands out because while it can be a rabbit hole at times, There is significant time savings because of the legacy blue check mark curation that twitter has done The curation wasn't perfect, but the legacy blue check mark meant that someone took the time to decide that the user might be able to contribute something more. I found that valuable. It saved me time and
Nov 28, 2021 4 tweets 4 min read
@Agnost_ @smdiehl Sure. I call my bank for a loan. I want to borrow $5k against the $10k I have in a multi year CD. Takes some paperwork. A phone call or two. A few days. I go to AAVE.com where I have 10k in ETH. I want to borrow $5k. Takes me about 2 minutes and it’s done @Agnost_ @smdiehl I have a picture that I took that I think is resalable, I’m willing to convey the copyright, but I want a royalty every time it’s resold. I mint it as an NFT, conveying the IP and make it available on any number of marketplaces. If it sells and resells I get a royalty each time.
Oct 17, 2021 8 tweets 5 min read
@PrestonPysh @APompliano If you dont respect me because we disagree on BTC, then you didnt ever respect me. Im good w you. I respect your hustle. You are fun, like many Maxis, to question BTC with on here. I thank you for serving our country. IMO, BTC has become like gold, a SOV that is now a religion. @PrestonPysh @APompliano IMO, it's not a cure for any financial system. It's not a hedge to anything. It's utility will be driven more by lightening than anything and its value will be driven by Supply & Demand. Nothing wrong with that. Gold folks do the EXACT same thing.
Sep 16, 2021 7 tweets 2 min read
Any discussion of crypto regulation has to start with the facts that there are already laws against fraud and that “crypto” is not monolithic. There are many layers to “crypto” here are my thoughts and all are subject to change as I learn more 1. Stablecoins will be the first to get regulated. Why? The variance in the definition by product. What is a peg? What is an algorithmic stablecoin ? Is it stable? Do buyers understand what the risks are? It needs standards
Sep 16, 2021 4 tweets 1 min read
To those afraid of getting your 1st colonoscopy, I recommend getting a CT Colonoscopy. You still prep the same, but the process took 30 mins. It felt weird, but didn’t hurt and cost $600. No meds at all. Talk to your Dr of course but this approach was EASY hopkinsmedicine.org/health/conditi… I have to add that not all insurers cover this and $600 isn’t cheap but you may be able to get it cheaper If you can make it work and your Dr approves, it was fast and easy and w no meds I drove myself and was back to work immediately. And again, talk to your Doc about it first
May 12, 2021 5 tweets 2 min read
The USA is the most entrepreneurial country in the world. As long as that continues, our debt is an investment in our future and holders have USAD that gives them access to it. Our Intellectual Capital may not show up in GDP, but it drives innovation and the global economy Our financial risk is less that amount of debt we have on our balance sheet and more the question of whether we support great entrepreneurs from home and attract those from around the world.
May 2, 2021 8 tweets 2 min read
Crypto succeeds when it's a more productive implementation of it's competition. BTC/Gold are both financial religions. BTC is easy to trade/store/create with no delivery issues. BTC also enables transfer of value locally and globally . Gold is a hassle. Just look at Ft Knox Eth Smart Contracts are better, cheaper, faster at authenticating/buying/selling/delivering digital items than alternatives available. This makes it a viable currency and trading mechanism for all things digital. That's powerful and will grow as applications are added
Apr 28, 2021 6 tweets 2 min read
Let me help you. L1 and L2 based chains are deterministic, programmable platforms that can be used to create applications that can increase productivity. Their "coins" provide the ability for coin owners to benefit from the value created. Not all will succeed but many will. NFTs for digital collectibles are an example of an application, as are smart contracts for weather insurance are an example, DeFi to allow anyone to be a lender or a borrower in minutes,
, buying off-chain products with on chain assets, the applications will only grow
Jan 30, 2021 6 tweets 2 min read
Fidelity has 31m brokerage Accts and charges $0 for stock trades. If they sent out a text from an analyst with a big price target on a stock , is that manipulation ? If you want to help the workers, incentivize companies to offer shares to ALL WORKERS Just think how happy the people who do the work would be if they had shares to sell into these short squeezes! Yes the SEC needs to investigate to see if this is a coordinated pump and dump. But the SEC is going to be useless on this and every comparable type situation
May 7, 2020 4 tweets 1 min read
The "Fabric of Who We Are" is being innovative, entrepreneurial and resilient. That Fabric will lead us to create new companies & opportunities that recognize the changes Covid has forced on our world. Pretending things will return to how they were 10 weeks ago is a huge mistake Yes, we will have to take intermediary steps like Federal Jobs Programs to get people working and give them confidence to spend money without fear of losing those jobs. We will have to evolve from top down to bottom up support to build over all consumer confidence.
Apr 24, 2020 5 tweets 1 min read
Yes. We absolutely need a federal jobs program. 50m people unemployed and underemployed! We need millions trained to be Healthcare professionals who will do tracking and tracing within HIPAA privacy protocols to allow us to learn and to be prepared in case of a resurgence We need to address Long Term Care shortages of facilities and trained Health Care Workers for the growing elderly population. That's needed infrastructure and millions more jobs.
Mar 23, 2020 4 tweets 4 min read
There is only way we we are going to get money into the hands of small businesses immediately so they can retain employees , pay them and pay ALL their bills and that’s for the treasury to guarantee all overdrafts. Let SMB write checks as they always have, but they won’t bounce The treasury/fed can make the banks whole each day and track normal vs abnormal activity by each company. Over draft protection would only be available to companies that keep all their employees. Turn this on and the economy continues. Anything else introduces friction/delay
Nov 2, 2019 4 tweets 2 min read
@ModeledBehavior As someone who would pay the wealth tax, I’m curious about the model she used. I’m curious how she modeled behavior changes to the tax. I’m curious about what liquidity expectations she used. I’m curious about how she modeled annual asset sales to pay the tax and market impact @ModeledBehavior Let’s say you have $1B in stock in a non dividend paying company. You have to sell enough stock to cover both the wealth tax and the much higher Inc tax you are paying on the gain of the sale. Let’s say cap gains is 40%. From a 60m stock sale , tax~ =(.6x1b)+(.4x60m)=$84m
Sep 7, 2019 5 tweets 1 min read
1. Refinance your student loan and any other debt you have. Interest rates are at an all time low. 2. Save as much as you can. The greatest opportunities come when you are one of the few with cash. 3. Understand the economics of the company you work for and the impact a slowdown would have on your job. 4. Live as much like a student as you can. The lower your bills the lower your stress. 5. Don’t listen to any “experts” about whether or not a recession is coming
Apr 30, 2019 9 tweets 2 min read
Seriously ? Thank you for confirming what we have always known about the recruting and management development efforts of the NBA Stu. It never dawned on you to hire someone with management and training expertise to develop those skills ? To spend the time "studying" Officiating is unique as profession. There is a set rulebook, case book, video of everything , instant replay to correct mistakes, a limited pool of fewer than 70 professionals, an off season to improve . That makes it far easier to study than almost any other profession Stu
Apr 29, 2019 7 tweets 2 min read
If you want to know if NBA officiating will get any better, look at the @nbagleague officiating. 100% of our new officials come through there. We don’t invest 1/10 of what we should to train and develop our GLeague refs . We have our former big name officials spending most of their time working with current NBA refs, and minimal time with GLeauge refs. It should be the exact opposite. Does anyone think refs with 20 years + experience are going to take advice from their former peers ?
Dec 30, 2018 4 tweets 1 min read
ESports Teams, particularly in the states are now a VC/Investor backed industry. It’s beyond rare for investors to give huge valuations to companies that don’t own their IP. IMO, it’s because they want to be in on the ground floor of heat they hope are skyrocketing valuations comparable to NBA, NFL, MLB, NHL. Unfortunately they forgot 1 key difference, team owners own the league and it’s IP. ESports Team owners don’t.