That explains the Spurs situation very poorly actually. They are in very unusual situation, similar to OKC when they had young Durant / Westbrook / Harden, in that they have Victor, but also Dylan Harper and Stephon Castle who are also young and on a very clear path to becoming all-stars quite soon. De'Aaron Fox is quite irrelevant for their future. Their real question is how to hold the trio of Victor, Stephon and Dylan together. If they manage to do that, and barring serious injuries, they will have the best team in the NBA for the foreseeable future.
Hilariously, the quote that comes to my mind when reading about this monstrosity, is one from Steve Jobs "Everything around you that you call life was made up by people that were no smarter than you".
Ferrari sells dreams. That's not a car anybody will dream about.
Tesla is mentionned 87 times. And even they explicitly state that they have strategic collaboration. They supposedly biggest projects are developped together (Macrohard, Terafab - all fugazzi, but still).
Related party transactions are close to a $1 Billion in 2025.
What would be interesting to know how much did it cost xAI to build it ? Ai says between $18-$40 billion to just build, without running cost, but no idea how close to reality this is.
So be it. What's the alternative ? Continue a bubble ? Ride on the 'FSD by the end of the year' or 'thousands of Optimus next year' for the next 10 years ?
The guys is openly lying and clearly a drug addict at this point and people think he's not cooking the books ?
Musk empire will end up being a much bigger scandal than Enron ever was. It's just a matter of time until it unfolds.
It seems to me that it feels that the world, or at least the US, decided that far far worse things are acceptable too.
Not easy to be a parent and explain to kids that no, this is not how the world should be run. How do we expect them to have any confidence in the institutions and the rule of law ?
Why not ? Why do we allow global tech businesses and leaders to somehow be able to make billions in profits in countries, but don't pay any taxes or have close to 0 responsibility ?
If you're interested in better thinking, go read a bit about Charlie Munger - he's gone now, but he was thinking about thinking for quite a long time and has some good advice.
Farnam Street used to be a very good blog too, albeit it feels much more 'commercial' for the past 5 years.
It's good to hear that more people are realizing that Tesla is nowhere near where they claim to be.
For anobody observing it from the sidelines, it was obvious for the past 3 years at least, that Tesla will not achieve real unsupervised FSD with HW3, and now it's also obvious it will not be wiht HW4. It's also obvious they are very well aware of those facts, despite lying to investors and customers for the past 10 years.
Exactly that. There was a very nice talk by Warren Buffett explaining that to business leaders at the height of the dot-com bubble - if I remember correctly it's full text is the introduction to his biography 'The Snowball: Warren Buffett and the Business of Life'.
Airlines are a great example - they are everywhere, nobody can imagine life without them, and yet they are yet to make any money ! Maybe they will figure it out before oil runs out on planet Earth.
As for Buffett speach - ther is a specific quote about airlines in it: "If a capitalist had been present at Kitty Hawk back in the early 1900s he should’ve shot Orville Wright"
That's not accurate - the uprising was not planned in collaboration with the Russians.
The whole point of the uprising was to liberate Warsaw before the Russians get in, as everybody knew that Russians are not liberating Poland - they are looking to occupy the country, just as Germany did. If the Uprising was successfull, it would give a great credit and negotiating card to the Polish government.
Unfortunately, Russians knew that too - that's exactly why they stopped their advance and watched the city being razed to the ground. Also unfortunately, they were right and ended up occupying Poland for the next 45 years.
Another very funny 'fact' - Tesla Semi. If you look at their quarterly releases:
- until 2025 it was listed as Pilot Production
- in Q1 2025 it moved to Construction
- in Q4 2025 it moved to Tooling
- in Q1 2026 it moved ... back to Pilot Production !
Everybody knows they just make up stuff as they go, but it's quite hilarious to watch. 1 Trillion $ company. I just can't wait for this house of cards to finally fall.
I too neglected my health when in my early 30s, luckily at 35 I started exercising and running again. I got in the best shape of my life around 40 and it was the best decision I've ever made.
As for specific experiences, my creativity and productivity on the mornings when I go for a sunrise run, is off the charts. I also tend to ponder things when swimming on lunchtime break and get surprisingly (at least to myself) good ideas.