lancewiggs

Not at a good one.

That appears to have poor feedback about the induction cooktop itself, and is inferior to, say, Bosch. Cycles on and off, poor pan detection, lower peak power, areas being affected smaller than the lines on the top etc.

Have a read of Jeremy Grantham’s book. Seeing bubbles is reasonably easy. Forecasting when they pop and when to get out is very hard. For example GMO as at the end of April were forecasting through the bubble that returns for large US equities would be negative over the next seven years. But since then the market has gone up by over 30%. It could pop any day, or could grow for two more years. Advice is to diversify your investments and make sure you avoid systemic risks. Read books by value investors.

Yup. For those interested we have a similar approach where the fibre to the home is owned by a regulated provider that is required to offer its service to all retail service providers (RSPs) at the same price. Competition is strong.

The rise in sales of GLP-1 products also coincides with the decline in self-help books. Those products are highly effective at delivering some of the hardest self-help outcomes, so why buy a book when you can inject?

Perhaps think of the stock as a value stock, not a growth/momentum stock.

The thesis is that they should survive and thrive as an investment asset through the AI bust, but performance during the AI bubble is poor. If you are a longer term investor then B2B SaaS valuations appear cheap right now, but you need to be able to weather the storm of missing out on the AI infused bubble.

As evidence the BVP Nasdaq Emerging Cloud Index is at all-time lows for EV/revenue multiples. While some of the companies will see growth rates impacted by AI, that only explains a little bit of the drop in multiples versus the past.

And to add - tea is graded at source, and buyers purchase based on grade. So a low quality tea bag will have tea that is objectively worse than a high quality one, while the best tea is never near a bag.

Those numbers are the real news here - that's a brutal drop in traffic. Are other organisations seeing the same?

WSJ reports they can pay in Chinese yuan instead of Bitcoin.

Yeas ago I motorcycled a lot, all over the world. I escalated to an air horn and hi-viz. But I pretty quickly realized that these made no tangible difference to the behavior of larger vehicle drivers. So I ended up for later vehicles with a stock horn and hi-viz only for heavy rain.

These days our family cycles a lot for commuting. It’s really easy to observe that people in vehicles treat us far better if we look like humans, wearing normal street clothes, rather than wearing high-viz or, far worse, cycling gear.

The bike bell is for polite notice, not alarming. The best alarm system you have is your voice, which is variable volume and tone. For ultimate effect slap the panels of cars, as it is very loud inside the vehicle.

I like it. In particular the descriptions of how he reacted when confronted. The public key anecdote is a red herring - there is far more convincing evidence in the article.

An alternative perspective is that if someone sends me a Google sheet link then I know almost immediately that is probably not a “serious” document. Similarly with Google Docs, as “serious” documents with proper tracking of changes and so on are in Word.

Of course the uses of serious spreadsheets are often in finance and serious documents are in law.

It's exiting the 5th best social network and the 10th (or worse) best AI company and selling them to a decent company.

It probably increases Elon's share of the combined entity.

It delivers on a promise to investors that he will make money for them, even as the underlying businesses are lousy.

I found mistakes in the spreadsheet backing up 2 published articles (corporate governance). The (tenured Ivy) professor responded by paying me (after I’d graduated) to write a comprehensive working paper that relied on a fixed spreadsheet and rebutted the articles.

Integrity is hard, but reputations are lifelong.