Liberty

Microsoft has already tried paying users to use its service (Bing had a reward program). Didn't seem like it attracted enough people to make a dent in the non-paying products...

agree. but since each individual is part of a platform network and that network is monetizing the aggregate, each individual should get his/her proportionate share of the aggregate value You get a service in exchange. Don't use the service and they don't get your data. I'm not saying there aren't issue with how the data is collected, what is done with it, security, creepiness, data portability, etc. That's all discussions that should be had. But the whole "I should be paid for my data" idea is a misunderstanding of the situation, mostly driven by greed, because people think their data is more valuable than it is, and because they fail to realize that the free service they're getting is providing them with a ton of consumer surplus over the value of their individual data. Also: https://stratechery.com/2018/data-factories/

One person’s data is worthless. It’s only worth something in very large aggregate.

You're not following the right people and/or muting the right keywords, then. Twitter is whatever you make of it, very maleable. I agree with you re: Twitter malleability. The problem comes when someone comments on a Trump Tweet, or one posted by a sycophant of his. I can't resist the urge to troll him (I know, grow up). I'd just love to be the guy who pushed him over the edge & I expect to be 1 of the 1st doors to get kicked in if the purges come about. Other than that, nearly all of the people I follow are very gracious & patient with my questionable contributions on financial discussions. The problem is with you, not them. You can't control others, but you can control yourself. Work on self-control skill. I'm not saying it's easy, but it's something to aim for (goals are more directions than destinations). And/or, mute the word "Trump". Problem solved.

You're not following the right people and/or muting the right keywords, then. Twitter is whatever you make of it, very maleable.

btw: I just didn't want to start a new topic, the post wasn't really in reply to anything in this thread specifically.

New post by the always thoughtful Brooklyn Investor: http://brooklyninvestor.blogspot.com/2019/09/bubble-yet.html

Both these were great. Two others that he did away from finance and that introduced me to two fascinating people are his interviews with Jocko Willink (ex-Navy SEAL, has his own great podcast where he reads from military history books, amazing stuff, start chronologically) and Peter Attia (who I've already mentioned here often). Jocko Willink being interviewed by Patrick O'Shaughnessy sounds interesting, but I couldn't find that episode. Did it happen? Wow, I think I dreamed it... I could swear I had first heard of Jocko via Patrick, maybe some other guest mentioned him? But it's probably just my memory failing me... I know he's done interviews with Tim Ferriss and maybe Joe Rogan before starting his own podcast, so maybe that's what I was thinking of.

Both these were great. Two others that he did away from finance and that introduced me to two fascinating people are his interviews with Jocko Willink (ex-Navy SEAL, has his own great podcast where he reads from military history books, amazing stuff, start chronologically) and Peter Attia (who I've already mentioned here often).

Another one I really liked. This interview of Peter Attia by Dan Harris gets pretty personal in the middle part, but it's pretty powerful stuff. It covers meditation, childhood trauma, over-achieving urges, etc. Good stuff. https://podcasts.apple.com/us/podcast/202-can-meditation-prolong-your-life-dr-peter-attia/id1087147821?i=1000447987039

The track record of these things isn't very good, but I'm glad some people keep trying. Maybe someday someone will make something interesting that doesn't implode.

https://www.bloomberg.com/news/articles/2019-09-17/the-simple-strategy-fueling-the-growth-of-bill-gates-s-fortune Interview. The video seems short, but once it's over a new part of the interview starts.

Couple good videos by OpenAI (one new, one older):

I think you used CSU rather than CSU.to ;) He wrote that in his blog. You caught me, I didn't real the whole thing. I also wonder why there's no GOOG next to my name despite starting that thread. In any case, I agree that starting threads doesn't mean that much. Lots of threads I started are things I wouldn't touch with a ten-foot pole now.. Others I just started to start discussion about it, not because I'd want to invest in the company.

I think you used CSU rather than CSU.to ;)

If you liked this, check this out: https://josephnoelwalker.com/69-the-world-according-to-a-maverick-beach-biding-stock-picker-john-hempton/ It's like 3-hours of Hempton..

I really enjoyed this interview with Tobi of Shopify by Shane Parrish: https://fs.blog/tobi-lutke/ https://www.listennotes.com/podcasts/the-knowledge/41-the-trust-battery-with-4H1KyEX_kcl/ Really smart and thoughtful guy.

It was such a stupid call by the GS analyst if TV+ was really at the center of the "26% downside" forecast (this tiny tiny tiny new thing is somehow going to affect the profits of a company making $60bn in FCF). Especially if it was about some accounting treatment rather than about actual economic value.

Here's the rotation that has been taking place the past 4 days: Though as with everything, if you change the perspective a bit (from week view to 3y view), things look different: Of course, these are 'mechanical' factors. Actual bottoms up investing shouldn't care about that... Value investing is about determining the value of something and paying less. Some companies are worth higher multiples, and some low multiple companies are worth even less... So it's interesting to look at, and these large flows can mean that portfolions will indiscriminately be pulled up or pulled down (good companies sold with bad ones and vice versa), but over time it doesn't matter that much.

Primer: http://www.fullertreacymoney.com/system/data/files/PDFs/2017/December/15th/OPCO%20semiconductor.pdf via:

Iconoclastic and opiniated, but brilliant prof Sodoway from MIT talking about the grid-scale liquid metal batteries he's developing. I had heard him on them a few years ago, it was interesting to get an update. Talks about how Bill Gates was the first investor in his startup. I think some of you might enjoy it:

Another podcast that Sinclair just did yesterday, less technical than the ones linked above: http://podcasts.joerogan.net/podcasts/david-sinclair-2

https://www.amazon.ca/Lifespan-Why-Age-Dont-Have-ebook/dp/B07N4C6LGR/ New book coming out tomorrow. Good interviews with the author here: https://peterattiamd.com/davidsinclair2/ (most recent one, a lot about the book) https://peterattiamd.com/davidsinclair/ (from last year)

I've been really enjoying this new podcast that I discovered. So far I've only heard three episodes, but I quite like them. It's very multidisciplinary in nature, talking about all kinds of interesting stuff (only sometimes about anything related to finance, so don't go in hoping for that): https://www.jimruttshow.com/ The episodes that I've heard are those with Robin Hanson, Simon Dedeo, and David Krakauer.

Read Buffett on buybacks. He explains them well, how they can create value, destroy value.