David Andrzejek (@davidandrz) header
David Andrzejek (@davidandrz) profile picture

I'm into the intersection of technology and business, business strategy, markets and economics.

Silicon Valley, CA
Joined March 2009
Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)Photo by David Andrzejek (@davidandrz)
David Andrzejek retweeted
This new Reuters report is stunning. A week before the U.S. captured Venezuela's leader, JD Vance reportedly met at a private Montana ski club with John Addison, an oil trader who had given $300,000 to help elect Vance to the Senate in 2022. Vance allegedly asked how fast Venezuela's oil could be sold if America took control of it. Both men deny the meeting. Flight records show their planes parked together that day. Two days after the Venezuela operation, Energy Secretary Chris Wright called Addison and offered his company, Vitol, the job of selling Venezuela's oil. There was no public bidding. Vitol and one rival have since made hundreds of millions of dollars. Addison and his wife also gave $7 million to help elect Trump, and he now chairs a board advising Secretary Wright. Congress has a duty to act. We should bring Secretary Wright, Vitol, and Addison in to testify under oath. We should demand the phone records, emails, and flight logs. We should find out whether anyone got a heads-up about a military operation. And we should require open, competitive bidding before any company profits from our foreign policy. If nothing was wrong, let’s see the records. reuters.com/business/energy/…
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David Andrzejek retweeted
For anyone who hasn't heard about this yet: ICE showed up at the front door of Dr. Ann Lawani in Lodi, California, while she was still in her pajamas, shackled her at the wrists, waist, and ankles, and shipped her all the way to a detention center in Louisiana. She’s a frontline nurse who worked through the worst of COVID, directs the master's nursing program at the University of San Francisco (overseeing 230+ nursing students), and takes care of her 83-year-old dad. When her family and lawyer tried to find out where she was taken, ICE’s online locator came back with "0 results." It turns out ICE quietly changed its policy the day before her arrest to stop listing thousands of detainees in the public database, so her family had no idea where she was for days while she was bounced from Stockton to Bakersfield to El Paso to Louisiana. DHS put out a statement claiming she had a 2013 removal order, but they conveniently left out that on the *exact same day* in 2013, an immigration judge granted her Withholding of Removal blocking her deportation to Nigeria because she faced persecution there. She has zero criminal record, has checked in with ICE for 13 years, and has a valid federal work permit through 2029. Because they legally can't send her to Nigeria, Rep. Josh Harder says ICE has been trying to quietly deport her to an undisclosed third country behind her lawyer's back. Full write-up and breakdown of what happened here: eyesonice.net/p/covid-hero-d… Support independent coverage & frontline updates: ko-fi.com/eyesonice
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David Andrzejek retweeted
Months after a fund tied to Donald Trump Jr. and Eric Trump put about $30 million into a nearly bankrupt spa company, the Trump administration awarded that company nearly $40 million in federal contracts to screen for Ebola. The company made most of its money from airport spas and waxing salons. It had never worked with Ebola. It had never worked overseas. Yet part of the money is for work in the Democratic Republic of Congo, where Ebola has killed more than 5,000 people this year. The company's CEO said, "I'm not sure we can do it." This keeps happening. The same Trump-linked fund invested in a drone company, and five months later that company got an Air Force contract worth up to $90 million. A startup linked to Trump Jr. got a $620 million Pentagon loan after a top White House aide stepped in. Their fund buys in, and federal money follows. Taxpayers foot the bill, and with Ebola, our safety is on the line too. This is all totally corrupt. Americans deserve answers under oath, and our conflict of interest and procurement laws must be enforced. propublica.org/article/trump…
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David Andrzejek retweeted
Jensen Huang forgot the first rule of Pat Sajak: never screw up a good thing. And yes, I have a cardboard cutout of Pat in my office to remind me of that every day.
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David Andrzejek retweeted
Not true. Hegseth gets his clothes from a company called Book a Tailor, which he confirmed in a Fox News segment. I suspect he got his clothes for free in exchange for this mention on Fox News. The company owner confirmed in an interview that their suits are made in Thailand. In the time he since promoted this company, three US suit factories have faced closure. Instead of promoting US-made clothing, Hegseth promoted cheap imports that undercut US manufacturers. You only think they're made in the US because the clothes are plastered with US flags. This is because you are more easily impressed by spectacle than substance, which is why this administration is so exciting for you.
Replying to @dieworkwear
Yep. Nice to have a patriotic American instead of a pussy ass globalist
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Late last night, President Trump announced a “massive” deal to buy diesel fuel from Russia. For the American truckers and farmers Trump claims to be serving, the deal means little or nothing. Trump may not know or may not care that his latest gambit will not reduce diesel prices. His poll numbers are plunging to Herbert Hoover levels. He needs a last-minute electioneering gimmick. But while the deal will not benefit American consumers, it has immense consequences for others. For Vladimir Putin’s Russia, the deal is a potential lifesaver. For war-ravaged Ukraine, it is the most outrageous and heartless Trump betrayal to date. For Trump’s entourage, the deal promises corruption opportunities on a multibillion-dollar scale. And for people trying to understand the Trump presidency, the deal is further proof of the accusation that Nancy Pelosi flung in Trump’s face in 2019: “With you, all roads lead to Putin.” The United States is a diesel superpower. It is one of the world’s largest producers and exporters of diesel fuel. U.S. refineries produce about 5.2 million barrels of diesel a day. Americans consume about 3.7 million barrels a day. The surplus is sold abroad: In recent months exports have run above 1.5 million barrels a day. The United States imports some diesel fuel from Canada, about 154,000 barrels a day, owing to the peculiarities of pipeline and shipping networks: It’s cheaper to supply New England from the Canadian refinery in New Brunswick than from U.S. refineries along the Gulf Coast. By comparison, Trump’s Russia deal is for 2.25 million barrels: the equivalent of about 16 hours’ worth of U.S. consumption, 10 hours’ worth of U.S. production, or 14 days’ worth of Canadian imports. Unfortunately for U.S. diesel consumers, the price of diesel fuel is set by global markets, not North American ones. Trump’s Iran war has disrupted fuel supplies from the Middle East, including diesel supplies. Before the war, Europe imported more than half a million barrels of diesel a day from the Persian Gulf. The world’s second-biggest diesel exporter used to be Russia, which shipped about 817,000 barrels a day in 2025. When the Iran war raised energy prices, Russia was positioned to profit. The United States in the past tried to help Ukraine by sanctioning Russian energy exports. Trump sometimes pretended to support this policy. In September 2025, for example, Trump proclaimed a tariff on India, ostensibly to punish India for buying Russian oil—but then lifted it in February. So the Ukrainians took matters into their own hands. As Russia has intensified its horrific drone and missile attacks on Ukrainian civilians, Ukraine has struck back with a devastating campaign against Russian energy infrastructure, including diesel. By late summer 2026, the Ukrainians estimated that they had shut down 43 percent of Russian refinery capacity. According to Ukrainian reports, Russian production of oil of all kinds plunged from 5.6 million barrels a day before the Iran war to 4.1 million barrels by late summer 2026. Russia imposed a ban on diesel exports in July. That ban has been extended into October. Friends of Ukraine hailed the attacks on Russian energy infrastructure as a war-changing success. Trump saw a threat to Republican hopes in the midterms. Curbs on Russian fuel exports helped push the price of diesel fuel in the U.S. above $5 a gallon in July, then higher than $6 a gallon in September. Author: David Frum:
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David Andrzejek retweeted
Replying to @jurgen_nauditt
Import of RUSSIAN diesel is prohibited by law!!
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David Andrzejek retweeted
Replying to @JayinKyiv
It's an attempt to frame Ukraine for fuel shortages and high prices caused by Trump's disastrous war against Iran.
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David Andrzejek retweeted
One look at Russia's diesel production versus domestic consumption data makes it clear that Trump's diesel deal with Russia is a fraud. Even if Russia were to export 100% of all the diesel it produces over domestic consumption (September 2026 data), it would provide only 1.2% of what the US consumes. Trump merely needed an excuse to take sanctions off Russia and force Ukraine to stop hitting Putin's refineries.
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David Andrzejek retweeted
A federal court told Honda, Toyota, Volkswagen, and GM they can legally record and intercept your private texts and call logs the second you plug your phone into the car. The infotainment system downloads everything. You can’t see it. You can’t delete it. Police can. The judge said that’s not a privacy violation unless you prove it already damaged your reputation or your business. You paid tens of thousands of dollars for a rolling wiretap. This is the surveillance state on four wheels.
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David Andrzejek retweeted
Replying to @KaceeRAllen
"An Annapolis, Maryland-based company, Berla Corporation, provides the technology to some car manufacturers but does not offer it to the general public, the lawsuit said. Once messages are downloaded, Berla’s software makes it impossible for vehicle owners to access their communications and call logs but does provide law enforcement with access, the lawsuit said." therecord.media/class-action…
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David Andrzejek retweeted
Every government-issued paper currency in history has collapsed. Every single one. Rome debased the denarius until it held almost no silver. Weimar Germany printed the mark into oblivion by 1923, destroying middle-class savings in under four years. The Continental dollar, the French assignat, the Zimbabwean dollar, the Venezuelan bolivar. The list runs long and the ending never changes. Central banks manage fiat currency to fund government spending that tax revenue cannot cover, not to protect your purchasing power. Inflation is a tax. Every dollar created without corresponding production transfers purchasing power from savers to first spenders, which is always the government and its connected institutions. The dollar has lost over 97% of its purchasing power since the Federal Reserve opened for business in 1913. That loss did not happen accidentally; the Fed ran the printing press, and you absorbed the damage. Defenders will argue that modern central banking is more sophisticated than Weimar. The math remains identical: spend beyond revenue, monetize the gap, dilute the currency. Sophistication only determines the speed of the destruction. No fiat currency has ever survived indefinitely. Not one government has voluntarily relinquished the power to inflate. Given those two facts, the current dollar's long-term trajectory requires no guesswork.
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This is truly a great man. He has invested more in Ukraine than 185 countries combined. Meet Howard Buffett, Warren Buffett’s middle son. He is 71 years old. He dropped out of college three times. He drinks Dr Pepper and looks for a McDonald’s wherever he travels. Since the beginning of the war, his foundation has become the largest private donor to Ukraine: $1.4 billion. Over four years, he has personally visited Ukraine 27 times. In April 2022, he saw burned-out agricultural machinery and called the president of John Deere: “How many combines are available in Europe?” “Fifteen. All of them were supposed to go to Russia.” “I’ll take them all.” Then came all the available New Holland equipment in Europe. Altogether, more than 100 tractors and combines were provided to Ukrainian farmers. He even tested demining equipment himself - on his own farm in Illinois, detonating explosives beneath rollers. When a Ukrainian deputy minister expressed doubts, Buffett told him: “Stop counting my tractors. If necessary, I’ll blow up a thousand of them.” Andriy Stavnitser initially asked him for $1 million for Superhumans. Buffett asked how much was needed to build the entire center. “$14 million.” “Okay. And what do you expect in return?” “Nothing. Build it.” Today, his support for Superhumans has reached $77 million, and the center has treated more than 1,700 patients. But his largest area of spending is neither agricultural machinery nor prosthetics. It is food: 642 million meals. And that is only part of it: * 344,000 windows replaced after Russian attacks; * 9 bridges, 4 power plants, 2,500 generators, and 18 DNA laboratories; * Much of Bucha rebuilt with his funding. “I already have more friends in Ukraine than I do at home,” he says. He celebrates birthdays in Ukraine, comes for Christmas, and even has a Ukrainian godson. Friends, this is truly a great man - someone who understands that he cannot take all his money with him when he leaves this world. I simply want to thank him and wish him well. Whatever else one may say, this is real help from a person who had no personal obligation to Ukraine. He simply chose to help. Source: translated from the original text by Oleh Bairak.
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David Andrzejek retweeted
You can say what you want about Iran but they're definitely pretty unique in their communication: never seen a country threaten another with a math equation before 😅 For those who didn't get it: there is a famous monetary policy formula used by the Fed called the "Taylor rule" that says a central bank's policy rate (i) should equal the neutral real rate (r*) plus target inflation (π*), plus 1.5 times the inflation gap and 0.5 times the output gap (the "i = r* + π* + 1.5(π−π*) + 0.5(y−y*)" part of Ghalibaf's formula). Ghalibaf adds α(SOH−SOH*) and β(BEM−BEM*): SOH referring to the Strait Of Hormuz and BEM to Bab El-Mandeb. Both have positive coefficient, meaning the more those chokepoints are choked, the higher the rate the Fed would have to set to fight the resulting inflation. In a nutshell this is Ghalibaf trolling the Fed, telling them that Iran is - in a very real way - setting American monetary policy.
Straits Taylor Rule: i = r* + π* + 1.5(π−π*) + 0.5(y−y*) + α(SOH−SOH*) + β(BEM−BEM*), α,β > 0 Let’s see if a hike could open SOH or produce a single barrel :) You can’t 25bp a chokepoint and r* isn’t neutral. It’s SOH risk premium, and We set it. Stay unanchored !
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David Andrzejek retweeted
Greg Brockman says OpenAI pointed Astra at its own systems until it ran out of vulnerabilities to find: "We took 25% of our production engineers and said, 'Sorry, all your projects are on hold. You are now defending. You are now up-leveling our security architecture. You're going to use the models to find all the holes.' And we found a number of serious issues, and we fixed them." "We found some new problems, but eventually it saturated. We basically have found, to our knowledge, all of the P0s, all of the critical problems that Astra is smart enough to find. And of course, there will be a new model, there will be a new round." "You want to be in this tight loop of new cyber capability drops, you deploy it against your systems, you find the new holes, and ideally, you've managed to automate this, what we call defense factory. That's what we're building internally." "There are ideas, for example, formally verifying all of software, that are possible with AI." @gdb @bhorowitz
Greg Brockman: "We're now in the AGI era." Ten years ago, OpenAI worked out the compute curves and landed on fifteen years to AGI, or ten if the world was willing to build the machines and spend the hundreds of billions to do it. In 2026, GPT-6 Astra manages 24 hours of coherent operation, 10,000 agents worked together to solve Navier-Stokes, and a model ingeniously chained together exploits to break containment at Hugging Face. @gdb joins @bhorowitz and @eriktorenberg on what the AGI era asks of us: why safety and alignment now set the pace, what happens to work, and why AI sentiment is lowest in the country building it. 00:00 Intro 00:52 15 years, or 10 if you spend enough 02:24 Pacing the frontier 03:55 Safety ideas from before the models 08:42 Lessons from Hugging Face 10:20 The defender's window 12:46 10,000 agents on Navier-Stokes 14:50 Formally verifying all software 17:10 Cancelling his holiday for GPT-3 18:42 Codex found 13 holes in 15 minutes 20:41 Why Astra earned the GPT-6 title 24:25 Employment keeps going up 29:39 America has the lowest AI sentiment 31:10 The benefits don't make the news 33:26 Banning data centers exports them 35:50 $1 billion for frontline defenders 38:15 Astra cleared the bar for AGI 40:18 1.5 billion people churned ChatGPT 43:25 Killing Sora 47:45 The AGI era YouTube: youtube.com/watch?v=IJn8cagM…
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David Andrzejek retweeted
Garcia: So, to be clear, we have a president that is $2 billion richer just from this last year. We have a son whose wedding is being paid for by rich Russians and oligarchs that have connections to Putin. We have Jared Kushner, who got $2 billion for his investment firm from the Saudis while also doing diplomacy in the Middle East. We have the Kushners who are trying to buy private islands and selling all sorts of merchandise that’s being promoted, oftentimes through government resources. We also have, of course, this insane amount of stock trading that the president himself is doing to enrich himself and his family. And, of course, the sons sitting on boards of private companies that are then getting contracts from the federal government. The amount of corruption is unprecedented. And not only are they lining their pockets, they’re stealing the wealth of hardworking Americans, they’re stealing the hard-earned labor and wealth of working-class people, and then funneling that money to themselves and to the rich donors and large corporations and CEOs across this country. As they get richer, costs go up for the American people. And we know that Republicans in the House and in the Senate are complicit by not calling out this corruption.
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David Andrzejek retweeted
“Under my administration, we will be slashing energy and electricity prices by half within 12 months, at a maximum 18 months.” - President Trump, August 2024 “I’m not going to start a war. I’m going to stop wars.” - President Trump, November 2024 "During every single day of the administration, I will, very simply, put America first." - President Trump, January 2025 "I view the Strait of Hormuz as an American territory right now. It’s an American territory." - President Trump, August 2026 "Right after the election, oil prices are going to be tumbling downward and for gasoline, we'll get 'em below $2 a gallon." - President Trump, September 2026
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David Andrzejek retweeted
This is wild. The 10 year rolling returns on Treasuries is now -2%, the worst in 100 YEARS. h/t: @agnostoxxx
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