Insurance has something to teach us about ourselves.

NY
Joined May 2009
David Wright retweeted
This entire discussion is just so ludicrous a) if you believe it is existentially dangerous, put in actual controls with a real regulatory body. Lock that shit down. b) if you don’t, chill the fuck out. Or treat like the Internet c) there is no c I’m solidly in (b).
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David Wright retweeted
RIP Mahbod, founder of RapGenius. You were a legend in your own time.
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David Wright retweeted
“What are human values, and how do we align to them?” Very excited to release our new paper on values alignment, co-authored with @ryan_t_lowe and funded by @openai. 📝: meaningalignment.org/values-…
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I've seen some incredible weeks in my life, but this one is up there.
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David Wright retweeted
Ethan Mollick
@emollick14 Mar 2023
🤯🤯Well this is something else. GPT-4 passes basically every exam. And doesn't just pass... The Bar Exam: 90% LSAT: 88% GRE Quantitative: 80%, Verbal: 99% Every AP, the SAT...
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The Grumpy Economist: Silicon Valley Bank Blinders johnhcochrane.blogspot.com/2…
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David Wright retweeted
SVB was just a badly run bank that went bust. Happens all the time. What's special about SVB is that many influential people banked with them, and are now lobbying for special treatment. Let's hope our system is fair.
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David Wright retweeted
Matthew Yglesias
@mattyglesias10 Mar 2023
lmao everyone loves the free market and hates bailouts until it’s their money on the line
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The FDIC has taken SVB in receivership and will manage its resolution. This has happened hundreds of times over the last decades and there is a well tested game plan as I mentioned earlier. Thread.
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If you give feedback about your directs' motivations, intents, beliefs, values or emotions, there is almost no model that will help you be effective. Professional feedback only works when it's about BEHAVIOR
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Quotes from four high level managers, re why they don't use prediction markets: overcomingbias.com/2023/01/p…
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David Wright retweeted
My quite belated response to @slatestarcodex's famous Moloch post: overcomingbias.com/2023/01/e…
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David Wright retweeted
Replying to @elonmusk
I know! @elonmusk can I help it go better this time? I've got people inside twitter who are good at these metrics!
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David Wright retweeted
As a trader, there is barely a time that you can transparently share edge, but since FTX has gone down, it is clear that this strategy is never coming back, and I thought I would share insight on how i extracted round 5000% of value from the incompetency off SBF (1/x)
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David Wright retweeted
Inflection Point, Coming in Hot tinyletter.com/humsys/letter…
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David Wright retweeted
This was a super interesting conversation, for me, with @davecwright.
Twitter the org is going through a values overhaul. Twitter the platform is next and I predict a culture war over it. War is a model of political discourse.. is there another way? @edelwax has an another way, and it's not "Ask Elon"! Continue on youtube: youtu.be/Sjennrn5LNA?t=193.0…
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David Wright retweeted
Michael Lewis' next book is about Sam Bankman-Fried. Email from CAA confirms he has been embedded with him for last 6 months; note below was first sent to potential buyers for filmed rights. Scoop @TheAnkler theankler.com/p/hwood-ftx-fr…
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Berkshire Hathaway released its 3Q 10-Q and earnings release this morning. In what was a very quiet quarter on the capital allocation front, there are a number of interesting developments in the filing and particularly the MD&A. A few comments on the quarter and developments. 1/
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David Wright retweeted
Ethan Mollick
@emollick5 Nov 2022
Read these 3 pages. I post them every so often because I think it is some of the tightest, wisdom-packed writing on managing complex systems ever. And almost every system is a complex system today, which is why cascading failures are swirling around us. researchgate.net/publication…
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