Ishan
@itsishan
Ishan
The means by which the Chinese government patrolled the boundaries of speech, however, were far more subversive in Link’s view, and in many ways more closely approximate the contemporary model of attempts to constrain speech in the United States. Link wrote that the Chinese government “rejected these more mechanical methods” of censorship used by
... See moreAlexander C. Karp • The Technological Republic: The Sunday Times bestseller from the great minds behind Palantir
But the strategy required reimagining traditional venture capital portfolio construction. Abstract’s model focused on “relative ownership” rather than absolute ownership: If he could get 5% ownership in deals where Andreessen Horowitz got 15%, he might have one-third their ownership, but out of a fund that was one-fifteenth the size, his LPs got 5x... See more
The Man With the Hot Hand
ES trades so much because people use it to hedge. They're transferring risk they don't want, and they're perfectly willing to pay a (small) price for the service the market provides.
Predicting our own demise
Venture capital has a pay-to-play nature, where not only bad investors, but many good investors often pay up as they mature to make sure they are part of the biggest success stories partly since they can afford it (and need it) with more capital and credibility, partly due to their more granular and selective pattern recognition, partly due to the... See more
Optionality in venture funds
It is rather a sort of stewardship, of the temporary and conditional ownership of an asset, that allows one to preserve its value over the long term.
Alexander C. Karp • The Technological Republic: The Sunday Times bestseller from the great minds behind Palantir
Once a prediction market becomes large enough, it transitions from being truth-seeking to being tautology-seeking.
Predicting our own demise
classic aristocratic morality that imputes virtue to victimhood, levels down human excellence, and strives to protect the innocent above all.
Was Nietzsche a Techno-Optimist?
- It's a useful capability to have: if we get warning signs that near-superintelligent AI is starting to do things that risk catastrophic damage, we will want to take the transition more slowly.
- Until such a critical moment happens, merely having the capability to soft-pause would cause little harm to developers.
- Focusing on industrial-scale hardware,
eth.limo • D/Acc: One Year Later
They're approximately impossible to hedge, so liquidity providers hate them. Liquidity providers try to minimize risk. With a contract that settles to a continuous number, you can almost always find an instrument (usually the underyling security the derivative settles to) to hedge your risk. This makes providing liquidity relatively safe, so more... See more