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#mattlevine — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #mattlevine, aggregated by home.social.

  1. Jonathan Kamens 86 47 @[email protected] ·

    I encourage you to read what #MattLevine wrote in today's #MoneyStuff newsletter about the #TricolorHoldings fraud case. It is classic Matt, both entertaining and informative at the same time.
    This is a great newsletter to read in general, and if you subscribe then you can get it without going through the Bloomberg paywall.
    Read today's newsletter here: newsletterhunt.com/emails/2132
    Subscribe here: bloomberg.com/account/newslett

    #mattlevine #moneystuff #tricolorholdings
  2. Unlogic @[email protected] ·

    I think that pretty much sums it up nicely

    #ai #aibubble #MattLevine

    #ai #aibubble #mattlevine
  3. Mr.Trunk @[email protected] ·

    Gizmodo: AI Study Says Sometimes It’s Good When Executives Act Like Robots gizmodo.com/ai-study-says-some #applicationsofartificialintelligence #generativepretrainedtransformer #computationalneuroscience #artificialintelligence #largelanguagemodels #businessfinance #mattlevine #chatbot #chatgpt #openai #ai

    #applicationsofartificialintelligence #generativepretrainedtransformer #computationalneuroscience #artificialintelligence #largelanguagemodels #businessfinance
  4. Cory Doctorow @[email protected] ·
    CW: Long thread/9

    Writing in his latest newsletter, the great #MattLevine breaks it down:

    news.bloomberglaw.com/mergers-

    Here's the deal: say you're a PE guy who's raised a $1b fund. That entitles you to a 2% annual "carry" on the fund: $20,000,000/year. But you've managed to buy and asset strip so many productive businesses that it's now worth $5b. Your carry doesn't go up fivefold. You could sell the company and collect your 20% commission - $800m - but you stop collecting that annual carry.

    9/

    #mattlevine
  5. Eddie Dinel @[email protected] ·

    @billyjoebowers @memory Matt Levine, yesterday:

    If I told you that US venture capitalists promoted a Ponzi scheme that used a cartoon computer game to steal hundreds of millions of dollars from poor workers in the Philippines and send it to North Korea to fund a ballistic missile program, you probably wouldn’t believe me. Unless I said “… using crypto,” in which case you would probably say “oh yeah that sounds about right.”

    #MoneyStuff #MattLevine

    #moneystuff #mattlevine
  6. Mark Gritter @[email protected] ·

    Today's #smbccomics is #MattLevine's "Theory 2" of banking made manifest!

    smbc-comics.com/comic/moat

    "In Theory 2, bank deposits are actually long-term, because the banks have enduring relationships with their customers and their customers are unlikely to leave," [because of the moat of fire]

    #mattlevine #smbccomics
  7. Nemo_bis 🌈 @[email protected] ·

    #MattLevine summarised the #journals business. Just replace a word: «[publisher] is running a constant sophisticated experiment in how society places value on status symbols: It produces status symbols, tries to price them to extract maximum value, tries to balance exclusivity against maximizing revenue, etc. You don’t need some computer guy to come along and be like "these [journals] sell at a premium to their cost of production, what is society even doing."»
    bloomberg.com/opinion/articles
    #ScholComm

    #mattlevine #journals #scholcomm
  8. Waylon Jeggings @[email protected] ·

    #MattLevine sez: Being cruel to orcas is securities fraud

    bloomberg.com/opinion/articles

    #mattlevine