The Wisdom Wall
5 quotable lessons, heuristics and mental models. Every one is playable at the moment it was said. No fortune cookies allowed.
“What's weird to me is that the government By trying to protect small companies and not allowing big companies to buy small companies. So big companies get bigger. I think it's got the reverse effect where now small companies have one less chance of winning. And thus the public market is even less willing to hold a…”
“I like to say that tokens trump tariffs.”
“if productivity for the next decade or so was about two and a half to three and a half percent per year, we could achieve substantial reductions in this key ratio Of debt to GDP.”
“there's two criteria as one is, can you get to a billion of revenue? Open AI would be check, check, check the box. But the second one is, do you have a sort of a break even or a path to break even?”
“I just think that these super, super large private companies, if you're not willing to submit yourself to sort of the sunshine and the, and the ray of light of the public markets, you're going to get it through a regulatory agency. So pick your poison and be careful that if you think you can live in the public market…”