SethLessons from Building : 1Two types of people — takers and builders. Becoming a builder is essential. Work only with builders, even if they aren’t as good.2 min read·Jul 13, 2021----
SethAmerican Knights1) make paying a lot of taxes high status through public recognition1 min read·Dec 15, 2019----
SethSugar is bad for youI’m not sure if I’ve written this up before but it’s been a while so hello.1 min read·Oct 29, 2019----
SethDV01 for all securitiesAll securities are the present value of future cash flows, discounted for time and non-diversifiable variance. I don’t think the variance…·2 min read·Oct 18, 2019----
SethGDP measures revenue, not profitOutput measures that seek to maximize revenue instead of profit promotes negative npv revenue expansion and hides this negative npv reality…1 min read·Jul 22, 2019----
SethUSD is great until it isn’tImagine a large exogenous shock requires massive spending by us gov. Call it war.1 min read·Jul 22, 2019----
SethCorporates were made in man’s imageWe exist for maximizing our utility functions (our version of profit).·1 min read·Jul 22, 2019----
