Opt_Out_Fed_IRS

Doesn't management and C-suite executives lose the respect of technical people in the company when they do media appearences and sign off this sort of overtly-optimistic PR pieces?

ouch! My butt hurts just looking at it.

Violence rates don't lie!

Interpersonal violence and confidence in yourself go hand in hand at the societal level.

Places where interpersonal violence abounds has people being so arrogant and believing in themselves that they have no qualms attacking others, because they KNOW that they can't possibly lose. This is Africa

Places where interpersonal violence is low has people being very conservative and avoiding confrontations because they are scared of losing or succumbing to them: this is clearly Asia and Europe to a certain degree

The US is in a sweet spot, actually it was in a sweet spot in the 80s, now it has abandoned it and moving towards European type society. Still it's the closest place to a sweet spot it once occupied and still benefiting from the time it spent in that sweet spot

> My understanding of life as a young professional in China or Korea is that the competition is almost unbelievable to someone from North America.

South Korea and China competition is "working harder". In the US it's all about "working smarter"

Also with all due respect for South Korea and China...very risk averse.

The big jumps happen when you take a risk and beat the odds, not the endless grinding which goes on in Asian societies.

Asian societies lack the arrogance of the creator/founder, which abounds in the West, especially American Jews.

Imagining something new and having the arrogance to think that it will be a great success and you'll be the one bringing it into the world. This is the trademark American Jew mindset.

Zuck turned down 1 Billion for Facebook...Larry and Sergey 1 million for Google. It takes guts and arrogance to think you'll beat the odds and say "no thanks" to 1 billion (and to 1 million too! considering it was back in the 90s and it was a very good deal for the effort they put into it)

Ideally the turnover of businesses should be really high

Meaning outflow from business bank accounts older than 5 years should be really high and inflow in business bank account younger than 1 year should be high as well (all as % of GDP)

As much as people like Bezos claim "it's always day one" they won't risk the company on moonshots like they did back in the days.

Partially because they feel they can't win as if the big bet were to be successful then you can't cash on it because the antitrust would immediately dissolve a 5 trillion dollar company.

The only crazy coked dude out there still pushing is Musk, but he has a taste for picking industries which make terrible businesses, and I think will retire before any of his companies generates positive FCF

This sadly means that people aren't betting on themselves anymore.

When assets skyrocket, usually business formation and funding goes down.

Banks have better data but anecdotally this is what is happening

Ideally if somebody in here works for the big boys such as JPMorgan , Wells Fargo or Barclays and wanted to decipher such phenomenon you'd look at something like:

(Turnover in business bank account opened in the past year - outgoing payments to insiders,beneficial owners and companies controlled by insiders and beneficial owners) / GDP

Yet another metric of risk taking:

No. of hires + no. of people who quit. This gives you an idea of how confident business are in their growth and how confident people are in their personal growth.

Of course stuff like the stimulus and paying people to stay home distort stuff so much that such data can't be compared to say 2005

Ok but you have to do it immediately or you lose the ability to re-play the audio

Because nature tells us :

"Women are saying that a guy had an interaction with them"

So all our brain emergency signals flare up. That's because somebody who is not ourselves having interactions with women triggers an immediate response...that guy is, in fact, an enemy from a reproductive standpoint. Deeply rooted in our brains there is the idea that WE should be interacting with those women and that we must destroy that guy because he's ahead in the reproductive race

This happens subcounciously.

Even standup guys like Bill Gates aren't immune to it, if you want to hurt a guy reputation and you have nothing, absolutely nothing on him...well just say that he's a playboy and a philanderer.

If you claim those things you immediately ruin his reputation with women and with smart/family men. All he's left with the approval of less smart men who are no use for guys who have ambitious goals such as Bill Gates or even the Pasquale VC of the main article. They'd have lost so much "approval rating" among smart men, as well as men who are capable of reading the room and don't want to be associated with a guy who is under attack by the mob.

He should have sent vocals which cannot be screenshot

But the important thing is that clueless buyers didn't put together the above reasoning

Or think somehow blockchain and AI can be used the amazing technoutopian future™ to combat piracy (including piracy of the image or video of the NFT they bought it)