Reminders for myself

This bold move required risk, faith, and a significant reduction in salary, but it also put him on the right path for the remainder of his career. While he’s not making as much money as he used to, he has renewed his professional vitality.

Elon Musk@elonmusk·5hRate of progress decides the outcome

Clearly, improved performance is an age-old aspirational goal of the active management industry – one that has proven elusive. But in a sign of the times – namely leveraging advanced technology and drawing inspiration from other industries — there is an emerging approach to active management that has demonstrated its ability to outperform. It is bu... See more

For the active management industry, a door is opening with the emergence of actively managed ETFs. Simply repackaging traditional funds as active ETFs is nothing more than a new coat of paint on a jalopy, and they won’t stop the hemorrhaging from active funds. But if the investment engine is upgraded to HC2.0, and packaged in an active ETF, then yo... See more

One of his overarching guidelines is that while fundamentals drive the technicals, you may not always see the fundamentals in time — but the technicals can improve, or degrade, before the fundamentals become obvious to the public.

That’s because Wall Street is always looking ahead and factoring in future expectations when valuing current stock price... See more

With the rise of AI-powered software development, including low-code platforms and vibe coding, robust cloud computing resources, and mature open-source ecosystems, building large-scale software quickly has never been easier. As a result, entrepreneurs are now creating AI-powered vertical SaaS products that combine the functionality of multiple hor... See more

For the first time in the history of flight, barf bags were needed for spectators on the ground.