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The thing that makes a great investor is this idea that they're able to hold conflicting ideas simultaneously. They can be a bull and a bear on the same company. They can be optimistic and pessimistic at the same time. And they're able to weigh those things and come to a conclusion that they can act on.

Invest Like the Best with Patrick O'Shaughnessy
3h ago

When we think about making changes in our lives, we typically focus on behaviors. But often, the more powerful lever is the mental map we're using to navigate the world. If the map is wrong, no amount of effort will get us to our destination.

7h ago

When we kind of learn how to check back in with our bodies, right? And we don't have to rely on external cues to do that, right, that behavior is much more likely to stick.

11h ago

I would say that if there's one area in which the wheels might come off China's extraordinary economic advances uh over the past few decades, it has to be employment. China is simply moving ahead so quickly on all of these topics that it now becomes an experiment for what happens to employment and social stability when you have hyper rapid AI adoption and automation adoption throughout the economy.

19h ago
It's Been a Minute
The naked truth of beauty

The internet democratized beauty, but now we all are kind of treating ourselves as these project managers of our faces and our bodies.

19h ago

When we compare brain activity after movement versus after sitting, the differences are so striking. The brain after movement looks like one certainly far more ready to learn and to work, and yet somewhere along the way, we decided that sitting and staring in front of a computer screen for eight hours straight is the best way to work.

19h ago

When I first started in 2016, I really think beauty was about expression and now increasingly it's about optimization. So people have kind of moved from like how do I want to be? How do I want to express myself to how do I fix myself? How do I optimize?

19h ago

The way I think about it is that private markets are just a giant PDF. There's no ticker, there's no price discovery, there's no market. And so the question is: who has the best PDF? Who has the most information? Who has done the most work?

19h ago

We often think of our beliefs and mental models as reflections of reality — accurate maps of the world that help us navigate our lives. But what happens when the map is wrong? What happens when the map itself is the problem?

19h ago

The thing that's really interesting about transformers specifically is that it's not obvious that the architecture is going to change. Usually in the history of chip design, you build a chip for a specific algorithm and then the algorithm changes and your chip is worthless. But transformers have been around for seven years and they've just gotten bigger and bigger and more and more capable, and there's no real sign that they're going to go away.

1d ago

We all walk around with mental maps of how the world works — maps that tell us what's safe and what's dangerous, what's possible and what's not. The problem is that these maps were often drawn a long time ago, in circumstances that no longer exist. And we keep using old maps to navigate new terrain.

1d ago

Why does she get them in so many different situations? What's happening in her body and what does it mean? We take that question and run with it — we face chilly winds, sudden frights, and moments when the world seem to shift under your feet to figure out what the little bumps on our skin might be trying to tell us.

1d ago

The brilliant insight of the PDF was, nobody cares about the operating history of a company, they care about the story of the company. And the story of the company is best told in a document that you control, that you craft, that has beautiful graphics and beautiful fonts and compelling narrative.

1d ago

Big tech rivals have long tried to supplant Apple but so far Google, Samsung, Meta Platforms, Microsoft and Amazon.com have all failed. It is crazy. People think, you know, okay, Android was successful but captured like onetenth of the actual value because the margins on Android devices are so much lower, but you forget that Jeff Bezos stood on stage and said, "We're launching the Amazon Fire phone and we're going to win."

1d ago

Those early mom blogs, the mothers were the main characters. And now with family influencing on Instagram and on YouTube, really the kids became the main character and they became the draw and the mothers kind of faded into the background.

1d ago

These maps act like an autopilot system, allowing us to navigate our lives more efficiently. But sometimes, they can lead us astray, leaving us stuck on a path of negativity and unhappiness.

1d ago

I think that being an adult is sort of like reconciling who you are with who you want to be. And it's great to have dreams, and sometimes dreams don't come true, but that doesn't mean you can't have another. That doesn't mean—life goes on, right?

1d ago

The thing that's hard to communicate and I think why private markets are interesting is you can buy things that are actually cheap. In public markets, true mispricings are rare and fleeting. In private markets, you can find things that are just structurally mispriced because the market is less efficient, the information is worse, and the buyer pool is smaller.

1d ago
Decoder with Nilay Patel
Why did Comcast ever buy NBC?

AT&T tried content plus pipes when it bought Time Warner. Verizon tried content plus pipes when it bought AOL and Yahoo, and, hell, AOL tried content plus pipes when it bought Time Warner in the early 2000s. You might notice a trend here — all of those deals ended in disaster.

2d ago

The very specific allegations in the lawsuit went so much against what people loved about her in such a big way. On top of that, like she's very been very public about saying like she's passed the body positivity movement and now to body neutrality. And so, you know, I think for a lot of people is like a little bit of a brand betrayal.

2d ago

The thing that's so special about transformers is they can be trained end to end with gradient descent. You don't have to come up with the algorithm yourself. You just show the network examples of inputs and outputs and it figures out the algorithm. And because the algorithm is learned rather than programmed, it can be much more sophisticated than anything a human could come up with.

2d ago

The thing that's special about transformers specifically is that the weights are so large that you can't fit them all on chip. And so what happens is that you spend most of your time just loading weights from memory rather than doing computation. And so the key insight behind Etched is that if you hardcode the transformer architecture into silicon, you can do a lot of tricks to basically never have to load the weights from memory.

3d ago

The thing that's really interesting about transformers is that the weights are basically fixed after training. You load the weights once onto the chip, and then you just do inference over and over again. So if you build a chip that is specifically designed to run one model or one architecture, you can get massive efficiency gains because you're not paying for the flexibility of being able to run arbitrary code.

3d ago

The core insight is that transformers have a fixed architecture, and if that architecture is going to be with us for a long time, there's a massive opportunity to build a chip that does nothing but run transformers — and does it faster and cheaper than anything else. A general-purpose chip has to be flexible, and flexibility costs you in efficiency.

3d ago

People who have a lot of awe in their lives tend to feel that they are part of something larger than themselves. And that sense of being part of something larger — whether it's a religion, a community, or the natural world — seems to be deeply connected to well-being.

3d ago

When we exercise, it rewets the sponge. But eventually, that sponge dries out if you get little to no movement the rest of your day.

3d ago

Underscored — save the words that stop you in your tracks.

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