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“Science is the belief in the ignorance of experts”
-Richard Feynman (1966)
feynman.com/science/what-i…
Alex Rampell
10.9K posts
Alex Rampell
@arampell
Silicon Valley entrepreneur (cofounder@ TrialPay, Yub, Affirm, Point, TXN), investor (General Partner @a16z), husband, father and sarcast (one who is sarcastic)
- My son is taking a summer class on investing. The homework was to present and analyze a stock. I hereby present his pick and analysis for Dogecoin
- 1/ Why is “Buy Now, Pay Later” (BNPL) an early threat to trillions of dollars of market cap - Visa (almost $500B), MasterCard ($350B), card issuing banks, acquiring banks/services (Fiserv, FIS, Global Payments, etc)?
- Selection bias (and its cousin, survivorship bias), or why you should be very skeptical of most surveys and “studies”
- Just witnessed a black market plastic straw transaction. Not joking. Kid’s paper straw fell apart 3x. Waiter went back to kitchen, hid 2 plastic straws in a cloth napkin, clandestinely showed the father, who approved and selected one.
- The fastest Twitter product launch in historyBREAKING: Twitter, in a statement, said its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private. apne.ws/RIOKmFJ
- Everyone should watch this — trust primary sources (the unedited original, at the end) and primary sources only.This is wild. Watch Ron DeSantis’s full answer on Publix, Walgreen’s and CVS vaccine distribution and look at the edited cut 60 Minutes used:
- 1/n Visa today has a $328B market cap, bigger than virtually every bank on earth (JPM at $384B is the only one bigger). And yet it started out as a non-profit owned BY banks. How did it become more valuable than its “parents”?Since 1958, Visa has pioneered payments innovation. Today, on our 60th anniversary, we celebrate our legacy as we help build the future of payments. Watch the first 60 years of @Visa's journey.
00:00 - Kid’s school is *again* back to requiring masks…they will never give this up. It’s a religion that renders these people impervious to evidence and in denial of the burden of proof.
- Lehman Brothers filed for the largest ever bankruptcy 11 years ago, on September 15, 2008. Many things changed that day, but the most lasting impact is arguably what’s happened to the money supply — what a chart
Goldman Sachs is wading back into the market for SPACs three years after stricter regulatory scrutiny prompted a self-imposed ban on handling so-called blank-check companies. bloomberg.com/news/articles/…- OpenAI DeepResearch may be the greatest product I've ever used. Absolute godsend while navigating a medical issue with many potential treatment options. Bravo @sama @kevinweil and @OpenAI team.
