Venkatesh Rao

Excellent thread to the extent I could follow it. Can’t wait for @matt_levine to ELI5. I rarely look at corp balance sheets. At most I look at P/L. If the balance sheet is too “interesting” the company is not in the stated business but in the financial engineering business.

This is great. Very helpful ELI5.

It’s a classic software essay about how seemingly “worse” software (= “worse”/slouchy economic system) according to idealists keeps beating “better” “thoughtfully” designed software (=non-slouchy utopian economic systems). Highly recommend,

Fascinating thread about how tradfi world has tried to transcend fundamental tensions and “adopt” crypto somehow. This is the Counter-Reformation of our time

Nice thread. For a brief period in grad school I was nerdsniped by Brouwer intuitionism and wanted to dive deep, but then realized it’s sort of a lifetime deep dive sorta thing.