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Their words
In QE, the Treasury issued long-term bonds. The Fed bought up the long bonds, issued overnight debt, and passed the interest difference back to the Treasury. In the end, it is just as if the Treasury issued overnight debt in the first place.
Related posts
Brad Feld x.com
Chapter 43.1: Senile Want to see what a CEO offers instead of yes? Then decides you've lost your mind... Eleanor just asked him for eight hours on his quantum computer, overnight, with no record of it. "Eleanor. Is somebody there with you?" "No."
The the words it uses that this site has seen least often elsewhere. Posts are matched on those words alone — nothing here is a summary of this one.
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19 September
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31 August
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19 August
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Their words
But they're the person that's on the hook for understanding, for gating, for making sure that someone is deciding what ships, what's blocked, what do we defer. And so, I think that that is something that engineers are going to continue to be valuable for.
16 August
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Lovedrcmnd.app
The MartianTheir words
When an engineer or a scientist decides to write science fiction, it’s usually either very bad or very good. This one is very good.
14 August
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Their words
we tend to describe progress in agents as progress in autonomy: first they could do five minutes of work, then an hour, now we talk seriously about agents running for days. that’s impressive, but autonomy is a capability, not a product direction! the Job To Be Done tells you whether to use it.
30 July
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Their words
Um but I think there's no uh you know real impediment to making that be a much more automated loop where the model itself decides it's going to explore or maybe with a nudge from some people uh at the various highest level like oh why don't you try some new ideas around model architectures that incorporate this and then it will go run lots of experiments uh see which ones work and then those will get incorporated at a much more rapid rate
29 July
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Their words
The core tension of engineering is between how expensive it is to make a mistake and how quickly you can iterate. The faster you can iterate, the less planning you need to do before you iterate, and the more expensive it is, the more planning you need to do.
15 July
From one piece Context engineering with Dex Horthy 2 beliefs, in the piece's order there
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Their words
You're not actually getting a like smarter model. like the intelligence of the model is is what drives its ability to attend to all of the tokens in the context window to figure out on the next turn which parts of this 100k or 200k context window are the most relevant to making the decision of like what is the next tool we call and doing that over and over again in a loop.
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Their words
You'll notice what I said was not use loops to ship the features that users want. We use loops to actually improve the codebase quality and we read all the code because we care about how it's architected and we care not just about the system architecture but what I would call the program design
29 June
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Their words
To shout “temporary” and pull the plug essentially overnight after immigrants have relied on the government’s representations that they should put their efforts and future into establishing a life in the United States wreaks unfair havoc on the lives of immigrants as well as the welfare of their communities.
SCOTUS Whitewashes Otherwise Racist Decisionblog.simplejustice.us
26 June
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Their words
and I don't think we're headed to that world largely because of the fact that the models rely so much on large scale test time compute in order to achieve um their greatest intelligence. If you if it requires so much test time on compute to unlock the full capabilities of the model, then that means you're bottlenecked by time
2 June
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Their words
It's false to believe that a company is a democracy. The way I run the company was what I called a democratic dictatorship. And I said, I want everyone everyone's voice to be heard and then I'll be the single vote. And I think that's the way a company should be run. I think there's one CEO, there's one chef. I think a good CEO is going to seek out the intellectual honesty, the truths from everywhere and hear from everybody and then they're going to make the decision and they're not going to make the decision because it's most popular in the company.
29 May
10 May
20 March
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Their words
And I've gotten to a certain point and I thought it was like fairly well tuned and then I let auto research go for like overnight and it came back with like tunings that I didn't see.
28 February
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Their words
Lastly, the duration of a clinical trial does not merely determine how fast an individual therapy reaches patients. It also shapes which diseases attract serious investment and which do not.
27 January
25 January
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korrents.com
A/B testing cannot touch anything that actually decides a company: not strategy, not vision, not insight.Their words
AB testing doesn't work very well and it doesn't work on most things. It won't work on strategy or vision or insights like nothing actually important to the success of the company. You don't AB test whether Uber is a good idea.
20 January
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Their words
Emotion decides. Facts rationalize. You'll find whatever truth is useful.
15 December 2025
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Their words
So this is a filter. Like if I'm talking to you, it takes effort to put it down on the page. I don't record anything that I've filtered it. It's interesting enough to me that it belongs on the page.
12 November 2025
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Their words
ultimately I think what matters is the use of AI in their economy to create economic value right I mean that's the uh the diffusion theory which is ultimately it's not the leading sector but it's the ability to use the leading technology to create your own comparative advantage right so that I think will fundamentally be the core driver
20 October 2025
30 September 2025
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Their words
So it's extremely important to curate the information sources that you have, so that you wouldn't be somebody who is left to the will of AI-based algorithmic feed telling you what's important so that you end up consuming the same information, the same stuff, the same memes, the same news as everybody else.
19 September 2025
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Their words
So Hitler receives this Dolantin injection, and he gets up, he goes into the meeting room, he dominates the meeting room, he feels great. He decides, you know, in front of everybody, no one is able to… no one overpowers him in that meeting. He was very good in the room. And the troops are split up. Like Leningrad is now a target. This weakens the general thrust towards Moscow. This is probably why they didn't take Moscow.
13 August 2025
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Their words
The US will lead for some time on breakthroughs on disruptive technologies, the zero to one technologies that ultimately change the world. But innovation is a process. It goes from invention to production and commercialization and diffusion, diffusing technology throughout all parts of the economy. And on those two stages, I think that China has a unique advantage, even if it still can’t do the zero to one breakthroughs, because in the end, how much this technology is adopted by the countries and by the various parts of the economy is fundamentally crucial to how much productivity will be unleashed.
31 July 2025
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Likedrcmnd.app
The Overnight KidnapperTheir words
Mind-candy mystery from a highly reliable author.
3 July 2025
5 June 2025
24 May 2025
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Their words
So when you’re talking about Operation Barbarossa, to go back to your original question, Lex, you’re dealing with an operation on such a vast scale, that that operational level of war is absolutely vital to its chances of success or failure. It doesn’t matter how good your individual commanders are at the front. If you haven’t got the backup, it’s not going to work.
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