investments

Lisbon, Portugal
Joined June 2008
I spent time in Shenzhen last year and when I saw Merz come back from China saying Germans need to work more I immediately knew what broke his brain because I lived the exact same cognitive shock my first week in Huaqiangbei I burned through 4 prototype iterations of a motor controller board for less than a thousand bucks total, back home a friend was working on something similar and spent over 12 thousand for a single revision that took almost two months to arrive when you live that contrast in your own hands with your own project something permanently shifts in how you see the world and it goes way deeper than speed & cost what Shenzhen actually built is a collective learning organism, imagine 20 PCB fabs 15 injection mold shops 30 component distributors and a hundred firmware freelancers all within a 2km radius, looks insanely redundant from the outside until you realize redundancy is actually information density in disguise I watched this firsthand with an injection mold supplier I was working with, this guy had seen a hundred founders iterate similar thermal designs over 6 months so he proactively modified his tooling before I even opened my mouth, he knew what I needed before I knew what I needed, the intelligence lives in the relationships between the nodes and it compounds daily the west thinks about manufacturing as a cost center you optimize by centralizing… China accidentally built a distributed neural network of manufacturing intelligence where knowledge diffuses horizontally across thousands of agents faster than any single western company can process internally so when Merz comes back and says we need to work a bit more I think he saw the problem but COMPLETELY misdiagnosed the solution, telling Germans to work harder is like telling a horse to gallop faster when the other side built a combustion engine the gap is ARCHITECTURAL it’s ecosystem density, you need a custom connector in Shenzhen you walk 200 meters, in Munich you send an email and wait 3 weeks it’s iteration speed, parallel search vs sequential optimization at the system level, it’s risk tolerance, Chinese founders ship something broken on Monday fix it Tuesday ship again Wednesday while European companies are still in the approval phase for the pilot program of the feasibility study… and Merz only saw the surface, what he missed is the tier 2 cities like Hefei Chengdu Wuhan replicating the Shenzhen model at scale right now BYD going from irrelevant to outselling every european automaker combined in roughly 5 years, Huawei building its own 7nm chip under maximum sanctions when every analyst said it was physically impossible & behind all of that a government that treats advanced manufacturing as an existential national priority while europe debates whether AI needs another ethics committee I think what we’re watching is the most asymmetric economic competition in modern history and most western leaders are still framing it as a productivity problem when it’s actually an ontological one Europe & America are optimizing variables that China stopped tracking years ago meanwhile China is compounding on dimensions the west has no framework to even measure Merz at least had the courage to name it out loud and I respect that genuinely but working a bit more inside a broken architecture just means you arrive at the wrong destination slightly faster
NEW: 🇩🇪🇨🇳 German Chancellor Merz says Germans need to work more in order to match China: “We are simply no longer productive enough. Each individual may say, “I already do quite a lot.” And that may be true. But when you return from China, ladies and gentlemen, you see things more clearly. With work-life balance and a four-day week, long-term prosperity in our country cannot be maintained. We will simply have to do a bit more.”
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1/🧵 When Aswath Damodaran speaks, investors should listen. His recent podcast episode in “Invest Like the Best” is one of the best ones I’ve heard in years. To save you time, here's curated notes of key insights from this spectacular 90-min episode. Best served with cup of 🫖
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В Лиссабоне на митинг с ёршиками вышли даже собаки.
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I do not think therefore I do not am
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«Беларусь» (2020) холст, акрил, дубинопись, 60х40 см
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Love Emacs course from ⁦@codexpanse⁩. This spacial layout of shortcuts is soo much more intuitive than usual boring tables!
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Denis E retweeted
Wow. I'm literally stunned. Apple just doubled down on their rejection of HEY's ability to provide bug fixes and new features, unless we submit to their outrageous demand of 15-30% of our revenue. Even worse: We're told that unless we comply, they'll REMOVE THE APP.
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I’m sure The FED can fix the rioting with an emergency Sunday rate cut.
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The economy will be fine - zombies can’t get a flu
"Reading Trainer" App by HeKu IT. The Speedreading Trainer in the App Store (heku-it.com/reading-trainer)
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Denis E retweeted
ФБК существует на ваши пожертвования. Вместе мы добьёмся соблюдения законов и развития страны. Поддержите нас ow.ly/ZwzkA
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I love @workflowy, it's a better way to think. Get 2x the free space here: workflowy.com/invite/33f03f0…
Простите, хочется показать эту картинку всем
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These Japanese Engineers Invented $7,900 Bike Wheels bloom.bg/19AwPwU via @business
Stereotactic x Storyboard P - Celebrating a year of Dazed Visionaries, Stereotactic presents Troi… dazeddigital.com/artsandcult… via @DazedMagazine
Replying to @pravilamag
“@esquireru: Фото дня: esquire.ru/potd/29122014 http://t.co/oj7pNQEvnE” быстрей бы лето - море, Геленджик!
The Feynman Lectures on Physics, The Most Popular Physics Book Ever, Now Completely Online goo.gl/TRsYFg
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