100 Million vs. 100 Billion
It is a huge difference.
Finance
Collections: Bread, How Did They Make It? Part II: Big Farms
Water is expensive. Especially when you are poor. “Apart from land – which was actually not a major limiting factor in the village – the main forms of agricultural capital were ox plow-teams (something I’d expect) and wells (something I… Read More »Collections: Bread, How Did They Make It? Part II: Big Farms
Collections: Bread, How Did They Make It? Part I: Farmers!
This still applies today. “I led in with all of that risk and vulnerability because without it just about nothing these farmers do makes a lot of sense; once you understand that they are managing risk, everything falls into place.… Read More »Collections: Bread, How Did They Make It? Part I: Farmers!
Why You Shouldn’t Trust Confident People
Or just try to think before you put an estimate of confidence.
WTF Happened In 1971?
Bad money. https://wtfhappenedin1971.com/
Collections: Life, Work, Death and the Peasant, Part IVa: Subsistence and a Little More
How to save in middle ages? “Some amount of moveable property might be worth keeping safe as security against catastrophe or as a supply for payments – fabric was a good option for this, being immediately useful, valuable and portable… Read More »Collections: Life, Work, Death and the Peasant, Part IVa: Subsistence and a Little More
We Are ALL Susceptible to Arrogance, Vice, and Villainy. The Hunn-Beating Proverb.
Nice list of advice. [Jocko Podcast] 485: We Are ALL Susceptible to Arrogance, Vice, and Villainy. The Hunn-Beating Proverb. #jockoPodcast https://podcastaddict.com/jocko-podcast/episode/196024128 via @PodcastAddict
Psychologie dospělosti
Zaujímavý pohľad na to čo to znamená byť dospelý.
Why Everybody Is Losing Money On AI
If the models are so good, how come the company making them cannot make profit? “even if you remove the cost of training models from OpenAI’s 2024 revenues (provided by The Information), OpenAI would still have lost $2.2 billion fucking… Read More »Why Everybody Is Losing Money On AI
Catching Up Is Impossible
Or at least it might seem so or feel so. What I found out about myself is, that when I am behind my plan, it is really hard for me to get back on track. For example, I wanted to… Read More »Catching Up Is Impossible
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