Stavros Gadinis, Director of UC Berkeley’s Center for Law and Business:
“I think they fell for the argument that Musk did not set out to deceive investors, but that he really believed that he had the funding [to take Tesla private].” – The Guardian Uk, 3 Fe. 2023
Meanwhile here, we continue on the journey of self-development…10 years later. aren’t you glad you stuck around ?
The tech meltdown has just begun…hold on tight
People have asked me what do I make of the crypto downfall…Sequoia Capital marks down its crypto investment down to zero dollars it’s all part of life…what goes up, must come down.
Crypto heads have been emailing me non-stop…we’ve all on the akashic platform, people.
Sadhguru on the akashic records..
I will acknowledge, however, that the golden age of blogs and journals is behind us. That’s one of the reasons I incudes a video in most posts, whether directed related to the writing or not. Blogging is a losing business monetary wise, and those of us still writing are just happy to share our thoughts and discoveries with the world.
“The number of MBA-dedicated yachts expanded from 12 in 2019 to 95 in 2021, according to Day 8. These year there were 42 M.B.A. boats carrying roughly 500 people, according to the company. HBS students alone booked 28 yachts that took part in the festivities, up from 20 in 2021. Photos posted on Instagram last month showed some Yacht Week attendees in matching white hats with the HBS crest and a sailboat. Students from Stanford’s Graduate School of Business and Tuck came aboard, too, according to Day 8.”
WSJ
I won’t bother you with more details of these libations since most of us are more concerned with the price of meat going up by 9% this year but remember: these are your future leaders.
They ask that you don’t call them “fats cats”. “Slurpy cats” ?
To the futures Chairmen and Chairwomen of Goldman Sachs, I will tip my hat ! And get that venture capital money for your app-for-hangovers ready, people !
Until next time,
Your Man,
Max Cantor
Can you dig it ?
FROM: [email protected]
DATE: April 16, 2022Dear Applicant,
You got a lot of “yes” votes, so we are delighted to initiate our community-stakeholder interview.
Could you come by Bubble HQ tomorrow and give a thirty-minute ted-style talk to an auditorium of six hundred employees, followed by a Q. & A.? Think of it as one very big interview where everyone can see what you bring to the table!
Your topic is “The Future of U.I.”
P.S. The tone of the talk should be jovial, with some great zingers.
The New Yorker
The never ending steps (streams ?) of interviews. What happened with the two interviews (or three, max.) you used to have ?
The post They could even invite you to role-play a scene from “The Phantom Menace.” first appeared on Wall Street Financier: Notes from High Altitude©.]]>Sigma males are supposed to be these introverted types who “refuse to fit into any hierarchical categorization.”
Hierarchy is not something you determine, or chose to be included or excluded from. So this “sigma” males are “lone wolves”. That’s just being an introvert, thank you. What they’re trying to say -I hope I got this right- is that sigmas don’t have followers, as opposed to alphas who have a lot of followers and lead them. It is assumed, by default, alpha males lead a lot of people…but that requires charisma and mass influence, doesn’t it ? Some people have it, some people don’t. Picking up a sub-category of alphas-those without followers- and naming it “sigmas” is disingenuous.
An alpha male is just that -whether he is leading anyone or not. Are you lacking followers, aren’t recognized by society or your community, and want to call yourself “sigma” ?
You’re either an alpha(2% or less of males) or a beta (98%). This whole thing “sigma” males is ridiculous. Why do you care about recognition, anyways ? Why do you need an audience to your greatness ? Whether a man has witnesses to his being is immaterial. When you are competing with another males – and we all compete one way or another- and you get noticed or not makes no difference.
Sigmas are the introverts who have no standing or human assets to show off, but still wanna be called “alphas”.
Until next time,
Max Cantor
The biggest Wall Street news is, of course, Elon Musk’s buying of Twatter, the “town square” of social media .
“In order to secure the $12.5 billion margin loan on his Tesla shares, Musk gave a personal guarantee, according to Fortune, Here’s what that means: If Musk can’t repay the loan by selling shares of Tesla, banks could take Musk’s equity stake in Twitter, his 46% stake in SpaceX, or any personal assets.”
Fortune Magazine
If Tesla’s stock falls below 40%, Musk will face a margin call.
In remembrance of our roots, I’ve enclosed a link to Corporate Investor’s Official Guide to Aircraft Registration 2022. But our business now is far removed from business jets and aircraft.
We tackle a world upside down where everything is stacked up against the honest and hard-working man. When I talked about the fraudster Elizabeth Holmes four or five years ago, there were only unicorns in the tech jungle of Silicon Valley. Now there’re talking about “dragons”, private companies valued at $12 billion or more, net of capital raised. Axios The current U.S. dragons are: Stripe, SpaceX, Instacart, Epic Games, Databricks, Chime, Fanatics, Plaid, OpenSea, Miro and Grammarly. China has six, led by ByteDance. Dragons also are based in Australia, the Bahamas, India, Indonesia, The Bahamas and the U.K. [Axios]
I truly believe those fleeced nvestors who put money into Theranos did so to the extent they did because the Founder was female. The company lost most of the $945 MM it raised from investors when it dissolved amid regulatory probes and civil sanctions in 2018.
It’s all water under the water at this point. Look forward to more and egregious frauds coming out of Silicon Valley.
The post Celebrating our 8th Year first appeared on Wall Street Financier: Notes from High Altitude©.]]>
“First, to calculate the expected value of an investment don’t use the average (also called the arithmetic mean); use the geometric mean. The difference is simple, but powerful.
Imagine you have three investment options, each equally likely. They return 100%, 50% and 0%. The arithmetic mean/average/expected value is 50%: (100+50+0)/3. The geometric mean is 0%: cubic root of (100500). The Kelly criterion says don’t invest. Quite a different result.
Second, size your investment properly. Invest too much and bankruptcy looms. Bet too little, and your returns won’t amount to a pile of beans.
How do you calculate how much to bet? Kelly criterion says to bet more the greater your edge and the likelihood of success.
KC = W - (1-W)/RKC = kelly criterion (the percentage of your balance sheet to invest) W = probability of winning R = win/loss ratio…”
Tom Tonguz
Until next year,
You Man,
Max Cantor
In this book you learn language patterns and covert hypnosis.
Quick rules for field operators
“Drive emotion using fear, regret, sex, fulfillment and social acceptance.”
Always mimic breathing speed first.
Accidental body contact causes immediate, short-lived insecurity in just about everyone.”
The Ellipsis Manual
Deprogram society’s thoughts
“There’s a part of everyone, I guess, that just knows how to let go and enjoy.”
the ellipsis manual
Environmental shifts
“Changing your tie in the bathroom. Correcting a person you’ve just met on your name. Shifting which hand you eat with midway though a meal…Changing types of pens or notebooks in a meeting.
the ellipsis manual
Join hundreds of military veteran entrepreneurs and venture capitalists who are building the future at the Military Veteran Startup Conference hosted by Context Ventures on Fri. Feb 4th, 2022 in San Francisco, CA
The book is written with the operative and subject instructions and has rich scenarios with Ericksonian hypnosis flavors and not coincidentally, is the Number 1 bestseller book on Amazon in the Hypnotherapy category in 2021.