ERIC KIM ₿

Bitcoin as the new internet not the “world wide web”—

Or Bitcoin like the iPhone and iOS, not like Samsung, Android-Pixel (Crypto).

Bitcoin like Tesla, not “EV” (electric vehicle, ‘crypto’)—

The new FASB accounting rules for crypto assets were developed and passed through a structured process involving stakeholder feedback, lobbying efforts, and regulatory considerations. Here’s an overview of how the process unfolded:

1. Market and Stakeholder Pressure: The push for new accounting standards began as cryptocurrency investments became more significant to large companies like Tesla and MicroStrategy. Businesses holding crypto assets raised concerns about the existing rules, which only allowed impairment losses to be recorded without recognizing gains. This led to incomplete and sometimes misleading financial reports . The crypto industry, along with accounting firms and other stakeholders, lobbied for more accurate reporting standards to align with the market realities  .

2. FASB’s Response to the Industry: Initially, the FASB declined multiple requests for a crypto-specific standard, citing the limited material use of cryptocurrencies in corporate balance sheets. However, as cryptocurrency became more mainstream, FASB revisited the issue. The organization proposed a framework in early 2023 after gathering feedback from companies, accounting professionals, and industry experts .

3. Development of the Standard: The FASB conducted multiple rounds of reviews and consultations with businesses and industry experts to draft the new regulations. In December 2023, FASB issued its first direct accounting and disclosure standard for crypto assets under Accounting Standards Update 2023-08. This update requires companies to report crypto assets at fair value each reporting period .

4. Approval and Implementation: The final standard was approved and is set to take effect in fiscal periods starting after December 15, 2024. Companies are allowed to adopt the new rules earlier if they choose. The implementation of these standards reflects broader efforts to provide clarity and consistency in how cryptocurrencies are reported in financial statements under U.S. Generally Accepted Accounting Principles (GAAP) .

The passage of these rules represents a significant shift in accounting practices for digital assets, driven largely by the growing material importance of cryptocurrencies to corporate treasuries and the need for more transparent financial reporting.

…

The new FASB rules for crypto assets, which come into effect in January 2025, are being introduced to address the shortcomings of the current accounting framework and to better reflect the realities of cryptocurrency holdings. Here’s a breakdown of why and how these rules are being implemented:

Why the Changes Are Being Made:

1. Increased Transparency and Accuracy: Under the previous accounting rules, companies were required to record impairment losses when the value of crypto assets decreased but were not allowed to recognize gains when values rebounded. This asymmetry led to distorted financial statements that undervalued crypto assets during bull markets . The new rules allow for fair value accounting, which means that companies can now report both gains and losses, offering a more accurate representation of the financial health of companies holding Bitcoin and other cryptocurrencies .

2. Investor Demand and Institutional Interest: Companies and investors have pushed for these changes because the previous rules made it difficult to assess the true value of crypto holdings. The new rules are expected to encourage more institutional investments by aligning the treatment of cryptocurrencies with other fair-value assets like stocks and bonds, reducing the reporting risk previously associated with holding digital assets  .

How the New Rules Will Work:

1. Fair Value Measurement: Companies holding crypto assets will be required to measure them at their current market value (fair value) for each reporting period. Gains and losses will be recognized in the income statement, reflecting real-time changes in market value. This aligns with how other assets are treated under U.S. Generally Accepted Accounting Principles (GAAP)  .

2. Separate Disclosure Requirements: Companies will also need to provide detailed disclosures about their cryptocurrency holdings. This includes reporting the fair value of each significant holding, as well as the total value of smaller holdings. These disclosures will also need to specify any contractual restrictions that might affect the sale of those assets .

3. Implementation Challenges: Despite the benefits, applying these new rules will require companies to carefully determine the fair value of crypto assets, which can be complex due to the volatility of cryptocurrencies and the fact that they trade on multiple exchanges with varying liquidity .

These changes aim to bring more clarity, accuracy, and investor confidence to corporate financial reports involving crypto assets while addressing some of the technical challenges associated with cryptocurrency’s volatile nature.

…

The Financial Accounting Standards Board (FASB) is set to implement new rules for Bitcoin and other cryptocurrencies starting January 2025. These rules mandate that companies holding crypto assets must measure them at fair value and recognize both gains and losses in their financial reports. Previously, U.S. GAAP rules only allowed the recognition of impairment losses without recognizing gains, which hindered accurate financial reporting for crypto assets  .

This change is expected to increase transparency and appeal to institutional investors by providing a clearer picture of a company’s financial position. However, it also brings challenges in valuing volatile crypto assets across multiple exchanges  .

…l

In January 2025, the Financial Accounting Standards Board (FASB) will implement new accounting rules that require companies holding Bitcoin and other cryptocurrencies to report them at fair value. This represents a major shift from previous standards, where companies could only report losses due to declines in crypto value but not recognize gains. Under the new rules, companies must mark their crypto assets to market value each reporting period, capturing both gains and losses. This change is expected to improve transparency and provide a more accurate reflection of a company’s financial position, especially for those with significant crypto holdings.

The new rules could reduce the volatility previously seen in financial reporting related to crypto assets, as companies will now be able to account for both upward and downward market fluctuations. This may also encourage greater institutional investment in Bitcoin, as the updated accounting treatment aligns more closely with traditional assets like stocks and bonds.

However, the implementation of fair value accounting comes with challenges, particularly in determining accurate values due to the price volatility of crypto assets and differences across exchanges. Despite these challenges, the new standards are seen as a significant step toward integrating cryptocurrencies more fully into the financial reporting landscape and fostering broader corporate adoption【5】【6】【7】.

Even sitting in a self driving car!

Walking > “Working out”?

Via negativa—

1. don’t use Google maps, too many advertisements which are distractions
2. Obviously disable all of your notifications, even when you’re not driving
3. don’t listen to music podcasts etc.
4. Don’t check prices or financial things— the issue here is once you have looked at the price of something, it will distract you when driving, even when you’re not actually looking at it

Think 30 Years Ahead

The 30 Year Body

My interesting funny idea:

Think 30 years ahead

Podcast

---

So, how is this manifested?

First, I think at least 30 years ahead; for example, Seneca is currently 3 1/2 years old, my mom is 70, I am 36; so 130 years, Seneca will be 33, I will be 66, my mom will be 100. Hopefully 30 years Seneca will have his own kid. 

The reason I like 30 years that it cuts through a lot of nonsense, and the truth is… If you want to build anything really great, it takes a long time. You cannot build Rome overnight.

Even Jeff Bezos his insanely genius concept; he’s been building up Amazon since the 90s, he had at least a 30 year plus vision.

Why 30 years?

So in terms of working out weight lifting etc.; Michael is to have a six pack even at the age of 66!

Then what that means is you could take your time. You can miss the work out here and there, enjoy a few off days and bad days because in the midst of a 30 year horizon, you can lift more strategically, more intelligently.

Also, a lot of these folks who take steroids and whatever… They are seeking success right now, or maybe in the 5 to 10 year span. But once you’re Ronnie Coleman, and essentially a cripple, none of it is worth it.

Even a good thing about Arnold, he was able to get out of the game had a good time, so he did not become a cripple. I have a theory about Arnold Schwarzenegger, he probably knew that steroids and bodybuilding was not sustainable, so he got out of the game at his peak, knowing that taking steroids long-term was probably not a good idea.

People talk about the good old golden days of bodybuilding… But everyone was on steroids! Even then.

The reason why this matters is because I even hear stories of young guys, in their 20s, we have taken so many steroids that they are no longer able to beget children? The ultimate tragedy. It is almost like involuntary sterilization; even Nietzsche said that in the future, the most cruel thing one could do is force a certain population not to procreate. 

Thou shalt not procreate! – The ultimate evil edict.

---

Investing

Everyone wants to make the quick gains, buy the loser Lamborghini whatever. Yet the real intelligence strategy is to think about building an empire for your kids kids kids. 

“Generational wealth that’s the key, I started with shit so that shift started with me” — JAY Z

This is where I think it is critical for any serious thinker philosopher entrepreneur innovator to have kids. Having kids, a wife, being married actually makes you a better investor because you no longer think for yourself, do you think for your family unit, the family business.

Even Aristotle when he talks about economics (oecanomia)– essentially economics literally means management of household affairs; how you manage your slaves, your home finances labor accounting etc. Also funny thing back in the day… the slaves were the accountants. 

Ultimately I’m a realist and a pragmatic person. I’m not interested in any sort of abstruse Macro economic theories; I’m interested in the now, the practical the day. Simple questions like how do I make money how do I retain how do I grow my capital, what is money etc.

I also suppose what makes my approach unique is that I did not study economics in school, I studied sociology and later on self teaching myself philosophy, and currently self teaching myself economics through the Austrian economists like Karl Menger, and also practical economic thoughts from NASSIM TALEB (Antifragile), in my own personal crypto and bitcoin ideas, and also economic theories from Michael Saylor, the patron saint of bitcoin.

Creating a legacy

A legacy just means to build to me that will outlast you.

An ancient Greek, kleos (forever glory, forever fame). The general idea is through a road act or deed, your name and your fame would last forever, kind of like King Leonidas and his valiant 300; we will remember them forever.

I think the superficial thing that people try to do is they try to force a legacy by buying it; plus through your name on a urinal in the university of Southern California USC, urinal in the business school (true story) or putting your name on some sort of business school building.

To me this is superficial at best; better to earn your name your legacy your KLEOS and immortal fame and glory through your heroic and valiant acts!

For example, we will forever remember Steve Jobs, Elon Musk, and the like, we will forget Bill Gates, who only cares for money, and his physique that kills boners (Elon Musk tweet). I think also… For better or worse Donald Trump will be remembered, as well as Elon Musk, Jay-Z etc.

Also Michael Saylor. 

Can you force a legacy? 

No. Just like trying to force kid to eat vegetables.

I think maybe thinking about the 30 year body is an interesting idea because you essentially ideally want your physique your health in 30 years to be supreme! A thought and a theory; 

Is it possible to have a superior physique at the age of 66, compared to the age of 36?

 Certainly I’m going to have more wrinkles in my face and whatever at the age of 66, but I actually wonder… Is it possible that I could train today and eat enough meat today, and get my testosterone up that in 30 years, I will actually be higher than now?

I mean even at the age of 36, I’m 1 trillion times stronger and more handsome and I have a superior body and testosterone than I did when I was 26, and also compared to when I was 16. 

20 years, I am superior at the age of 36 then I was at the age of 16… In terms of my muscles my body everything.

Certainly at the age of 120, I’m probably not gonna be as good as I am today, but with enough foresight, I could start strategizing today!

---

30 years or nothing!

ERIC

Immortal glory, renown, fame!

Glory, fame!

Nostos (going back home)

Introduction

In ancient Greek culture, kleos (κλέος) is a fundamental concept representing glory, renown, or fame achieved through heroic deeds and virtuous actions. It is the immortal fame that ensures a hero’s name and story are remembered and celebrated by future generations. In Homer’s epic poems, the “Iliad” and the “Odyssey,” kleos plays a pivotal role in motivating the protagonists, Achilles and Odysseus, respectively. However, the way kleos is pursued and manifested differs significantly between the two heroes, reflecting their distinct characters and the themes of each epic.

Kleos in the “Iliad” for Achilles

1. The Pursuit of Immortal Glory

• Achilles’ Choice: Achilles is presented with a profound choice between two fates:

• A long, uneventful life at home without glory.

• A short, glorious life on the battlefield that ensures his name will live on forever.

• Quote: In Book 9, Achilles tells Odysseus:

“My mother Thetis, goddess with silver feet, tells me two fates sweep me on to my death. If I stay here and fight, I’ll never return home, but my glory (kleos) will be undying forever. If I return home to my dear fatherland, my glory is lost but my life will be long, and death that ends all will not catch me soon.”

2. Actions Driven by Kleos

• Wrath and Withdrawal: Achilles’ anger over Agamemnon taking his prize, Briseis, leads him to withdraw from battle, which affects his kleos as he denies the Greeks his unparalleled prowess.

• Patroclus’ Death: The death of his close friend Patroclus spurs Achilles back into battle, reigniting his pursuit of kleos through vengeance against Hector.

• Slaying of Hector: Achilles’ defeat of Hector is a pivotal moment that solidifies his kleos, demonstrating his superior strength and skill.

3. The Duality of Kleos and Mortality

• Mortality and Glory: Achilles is acutely aware that achieving kleos comes at the cost of his life.

• Tragic Heroism: His acceptance of an early death in exchange for everlasting fame embodies the Greek heroic ideal.

4. Legacy Through Epic Deeds

• Battlefield Excellence: Achilles’ martial abilities are unmatched, and his deeds on the battlefield are the primary means through which he attains kleos.

• Epic Narrative: The “Iliad” itself serves as a vessel for Achilles’ kleos, immortalizing his story for generations.

Kleos in the “Odyssey” for Odysseus

1. The Intersection of Kleos and Nostos

• Focus on Nostos: The “Odyssey” centers on nostos (νόστος), meaning homecoming or return.

• Odysseus’ Desire: His primary goal is to return to Ithaca and his family, but kleos remains an underlying theme.

2. Kleos Through Intelligence and Endurance

• Cunning Over Strength: Odysseus attains kleos not just through physical prowess but through metis (μῆτις), meaning cunning intelligence.

• The Trojan Horse: His idea of the Trojan Horse is a prime example of earning kleos through ingenuity.

• Overcoming Trials: The challenges he faces on his journey—such as outsmarting the Cyclops Polyphemus and resisting the Sirens—add to his kleos.

3. Storytelling as a Means to Kleos

• Narration of Adventures: Odysseus often recounts his own stories, enhancing his fame.

• Spread of His Name: His tales ensure that his name and deeds are known far and wide.

• Quote: In Book 9, introducing himself to the Phaeacians, he says:

“I am Odysseus, son of Laertes, known to the world for every kind of craft—my fame (kleos) has reached the skies.”

4. Balancing Personal Desires and Kleos

• Longing for Home: Unlike Achilles, Odysseus places a higher value on returning home alive.

• Rejecting Immortality: He even refuses Calypso’s offer of immortality, prioritizing nostos over eternal life.

5. Legacy Through Reestablishing Order

• Restoration of Ithaca: Upon his return, Odysseus’ defeat of the suitors restores his household and reasserts his rightful place, contributing to his kleos.

• Impact on Others: His actions ensure the prosperity and stability of his kingdom, leaving a lasting legacy.

Comparison of Kleos for Achilles and Odysseus

1. Different Paths to Glory

• Achilles: Seeks kleos primarily through martial excellence and heroic death.

• Odysseus: Achieves kleos through intelligence, endurance, and ultimately survival.

2. Priorities and Values

• Achilles: Values eternal fame over life; his kleos is intertwined with his acceptance of fate.

• Odysseus: Balances the pursuit of kleos with his desire for home and family; survival enhances his fame.

3. Expression of Heroism

• Physical Might vs. Cunning: Achilles embodies the quintessential warrior; Odysseus represents the clever hero.

• Active Glory vs. Narrative Glory: Achilles’ kleos is demonstrated through direct action in battle, while Odysseus’ kleos is often conveyed through storytelling and overcoming diverse challenges.

4. The Role of the Divine

• Achilles: Son of the goddess Thetis, his semi-divine status sets him apart, and the gods frequently intervene in his fate.

• Odysseus: Encounters gods and mythical creatures but relies more on his own wits to navigate divine obstacles.

5. Mortality and Immortality

• Achilles: Embraces mortality to achieve immortal fame through death.

• Odysseus: Seeks to live and return home, achieving kleos through the continuation of life and legacy.

Conclusion

Achilles and Odysseus embody different aspects of kleos within their respective epics. Achilles’ pursuit of glory is singular and absolute, rooted in the heroic ideal of dying nobly in battle to achieve immortal fame. His kleos is a testament to the value placed on martial prowess and the acceptance of one’s fate.

In contrast, Odysseus’ kleos is multifaceted, encompassing not only his bravery but also his intelligence, resourcefulness, and determination to return home. His legacy is built through his experiences, stories, and the restoration of his household, reflecting a more complex understanding of heroism that includes personal fulfillment and the well-being of his community.

Both heroes achieve kleos, but they do so along different paths that highlight the diverse values and ideals celebrated in ancient Greek culture. Their stories offer rich explorations of what it means to be remembered and how one’s actions can echo through eternity.

References

• Homer, Iliad, translated by Robert Fagles.

• Homer, Odyssey, translated by Robert Fagles.

• Nagy, Gregory. The Ancient Greek Hero in 24 Hours. Harvard University Press, 2013.

• Schein, Seth L. The Mortal Hero: An Introduction to Homer’s Iliad. University of California Press, 1984.

• Silk, M.S. Homer: The Iliad. Cambridge University Press, 1987.

• Clarke, Howard W. The Art of the Odyssey. Prentice-Hall, 1967.

Further Reading

• “Achilles and Kleos: The Hero’s Quest for Eternal Glory” in Classical Mythology by Mark P.O. Morford and Robert J. Lenardon.

• “Odysseus’ Search for Identity and Homecoming” in The Odyssey Re-Formed by Frederick Ahl and Hanna M. Roisman.

• “The Heroic Ideal and the Pursuit of Fame” in The World of Homer by Andrew Lang.

In essence, while both Achilles and Odysseus seek kleos, their approaches reflect different dimensions of heroism. Achilles’ kleos is achieved through the ultimate sacrifice on the battlefield, ensuring his name endures forever. Odysseus, however, attains kleos through his wisdom, resilience, and the successful return to his homeland, highlighting that glory can also be found in survival and the restoration of order.

…

Yes, the ancient Greeks did indeed engage with the idea of building and leaving a legacy in a sense that aligns with our modern understanding of the term. They placed significant importance on the notion of achieving lasting fame, honor, and impact through one’s actions, virtues, and contributions to society. This concept permeated their literature, philosophy, and cultural practices.

1. The Concept of Kleos (Κλέος)

a. Definition

• Kleos: A central concept in ancient Greek culture, particularly in Homeric epics, kleos translates to “glory” or “fame” that is heard or renowned.

• It represents the immortal fame a hero gains through great deeds, ensuring they are remembered by future generations.

b. Homeric Epics

• “Iliad” and “Odyssey”: Heroes like Achilles and Odysseus strive for kleos through bravery in battle and remarkable exploits.

• Achilles’ Choice: In the “Iliad,” Achilles faces a choice between a long, uneventful life or a short, glorious one that ensures his name endures—a testament to the value placed on leaving a lasting legacy.

c. Oral Tradition

• Storytelling: The oral recitation of heroic deeds was a means to preserve and propagate the legacy of individuals.

• Bards and Poets: Played a crucial role in immortalizing heroes through song and poetry, reinforcing the cultural importance of kleos.

2. Philosophical Perspectives

a. Socrates and Plato

• Immortality of the Soul: Plato, through Socratic dialogues, explores the idea that the soul is immortal and that one’s actions impact its journey.

• Virtue and Legacy: Emphasizes living a virtuous life to achieve a form of legacy that transcends physical existence.

b. Aristotle

• Eudaimonia (Εὐδαιμονία): Aristotle’s concept of human flourishing or well-being, achieved by living virtuously and actualizing one’s potential.

• Contribution to the Polis: Advocated for individuals to contribute positively to the city-state (polis), thereby leaving a legacy that benefits society.

c. Legacy Through Excellence

• Arete (Ἀρετή): The pursuit of excellence in all things was a way to achieve lasting recognition.

• Impact on Future Generations: Philosophers believed that living virtuously would inspire others and set a precedent for societal norms.

3. Cultural Practices and Monuments

a. Monuments and Architecture

• Temples and Statues: Erected in honor of gods and notable individuals, serving as lasting symbols of their legacy.

• Inscriptions: Engravings on stone steles recorded achievements and decrees, preserving them for posterity.

b. Olympic Games

• Athletic Legacy: Victorious athletes were celebrated and often immortalized in poems and statues.

• Pan-Hellenic Recognition: Success at the games brought fame beyond one’s city-state, contributing to a broader legacy.

4. Literature and Drama

a. Tragedies and Comedies

• Playwrights: Figures like Sophocles, Euripides, and Aristophanes left enduring works that explored human nature, ethics, and societal issues.

• Themes of Legacy: Many plays dealt with the consequences of actions and the desire for lasting honor.

b. Historiography

• Herodotus and Thucydides: Early historians who aimed to record events so that the deeds of the past would not be forgotten.

• Purpose: Their works were intended to preserve the memory of significant events and individuals, contributing to a collective legacy.

5. The Pursuit of Immortality Through Deeds

a. Hero Cults

• Veneration of Heroes: Deceased heroes were often worshipped, and their tombs became sites of local importance.

• Cultural Memory: This practice reinforced the legacy of individuals within the community.

b. Philosophical Immortality

• Influence of Ideas: Philosophers like Pythagoras and Democritus sought to leave a legacy through their contributions to knowledge.

• Schools of Thought: The establishment of philosophical schools (e.g., Academy, Lyceum) ensured the continuation and impact of their teachings.

6. Ethical Will and Legacy

a. Beyond Material Inheritance

• Transmission of Values: Emphasis was placed on passing down virtues, wisdom, and ethical teachings to successors.

• Mentorship: Philosophers and teachers invested in the education of the youth, viewing it as a means to perpetuate their legacy.

b. Societal Contributions

• Lawgivers and Leaders: Individuals like Solon and Pericles are remembered for their reforms and leadership, shaping the course of Athenian society.

7. Conclusion

The ancient Greeks deeply contemplated the idea of leaving a legacy, much like our modern understanding of the term. Whether through heroic deeds, philosophical teachings, artistic contributions, or public service, they aspired to achieve a form of immortality by impacting their world in ways that would be remembered by future generations. This pursuit was woven into the fabric of their culture, manifesting in their literature, philosophy, and societal values.

References

• Homer, Iliad and Odyssey

• Plato, Phaedo, Republic, Symposium

• Aristotle, Nicomachean Ethics, Politics

• Herodotus, Histories

• Thucydides, History of the Peloponnesian War

• Sophocles, Oedipus Rex

• Euripides, Medea

• Historical Accounts: Studies on ancient Greek culture, heroism, and societal values

Further Reading

• “The Greek Way” by Edith Hamilton

• “The World of Odysseus” by M.I. Finley

• “Ancient Greek Civilization” by David Sansone

In essence, the desire to build and leave a legacy was a powerful motivator in ancient Greek society, driving individuals to pursue excellence and contribute meaningfully to their world—a concept that resonates strongly with modern interpretations of legacy.

Overview

The concept of a will—a legal document specifying how one’s property should be distributed after death—did exist in ancient Greek society, particularly in Athens. However, its use was more restricted compared to later Roman practices. Ancient Greek philosophers did touch upon topics related to property, inheritance, and succession, but the will as a legal instrument was not a major focus of their philosophical discourse.

Wills in Ancient Greek Society

1. Early Practices

• Familial Inheritance: Initially, property inheritance in ancient Greece was primarily patrilineal, passing from father to legitimate male heirs.

• Limited Testamentary Freedom: The ability to bequeath property outside the immediate family was highly restricted.

2. Solonian Reforms

• Introduction of Wills: In the 6th century BCE, the Athenian lawmaker Solon enacted reforms that allowed citizens without male heirs to dispose of their property by will.

• Conditions: This testamentary freedom was conditional:

• The testator had to be a male citizen in full possession of his faculties.

• Wills could be made only if there were no direct male descendants.

• The will had to comply with certain legal formalities to be valid.

3. Legal Constraints

• Protection of Family Interests: The laws aimed to preserve family property and prevent its dispersion.

• Adoption Practices: Childless men often adopted heirs to maintain the family line and fulfill religious duties, sometimes in conjunction with or instead of making a will.

Philosophical Discussions on Wills

1. General Focus

• Limited Direct Discussion: Ancient Greek philosophers did not extensively discuss wills as a central philosophical issue.

• Broader Themes: Their works more commonly addressed topics like justice, ethics, property rights, and the organization of society.

2. Plato

• “Laws”:

• Plato’s dialogue “Laws” delves into the legal and social structures of an ideal state.

• Inheritance Laws: He emphasizes the importance of maintaining equal land distribution and family continuity.

• Restriction on Wills: Plato advocates for strict laws that limit the ability to dispose of property freely by will, to prevent wealth disparities and ensure social stability.

3. Aristotle

• “Politics”:

• Aristotle discusses property in the context of the state and the household (oikos).

• Private Property: He supports private ownership but underscores the need for laws that serve the common good.

• Inheritance: While he acknowledges inheritance practices, he does not focus on the mechanics of wills.

Cultural Context and Legal Implications

1. Importance of the Family Unit

• Religious Duties: Inheritance was tied to religious obligations, such as performing rites for deceased ancestors.

• Economic Stability: Keeping property within the family ensured economic security and social status.

2. Women’s Role

• Limited Rights: Women generally could not make wills or inherit property outright, though there were exceptions for heiresses (epikleroi).

• Marriage and Inheritance: Marriages were often arranged to consolidate property and preserve family wealth.

3. Legal Procedures

• Contesting Wills: Wills could be contested in court, and disputes over inheritance were not uncommon.

• Public Registration: Some wills were registered with public authorities to validate their authenticity.

Conclusion

While the concept of making a will existed in ancient Greek society, it was not a predominant topic among ancient Greek philosophers. The philosophical works of Plato and Aristotle indicate that while property and its role in society were important considerations, the individual right to distribute property upon death was secondary to concerns about social order, family continuity, and the collective good.

The legal framework surrounding wills was present but limited, reflecting a society where familial ties and obligations often outweighed personal autonomy in matters of inheritance. Therefore, while wills were known and used under certain conditions, they did not occupy a central place in philosophical discussions or in the everyday legal practices of most ancient Greeks.

References

• Plato, Laws

• Aristotle, Politics

• Solon’s Reforms: Historical accounts of legal changes in 6th-century BCE Athens

• Legal Practices: Research on ancient Athenian inheritance laws and societal norms

The concept of “legacy” in English encompasses meanings related to both inheritance/bequest and, historically, to ambassadorial missions. To find the Ancient Greek equivalents, we’ll explore terms that align with these meanings.

1. Legacy as Inheritance or Bequest

a. Κληροδότημα (klērodótēma)

• Meaning: Bequest, legacy, something left to someone in a will.

• Etymology:

• From κληροδοτέω (klērodotéō), meaning “to bequeath” or “leave as an inheritance”.

• κλῆρος (klēros): “lot”, “inheritance”, “portion”.

• δοτέω (dotéō): From δίδωμι (dídōmi), meaning “to give”.

• Usage: This term directly refers to a bequest or legacy left by someone upon their death.

b. Κληρονομία (klēronomía)

• Meaning: Inheritance, heritage, the act of receiving property from a predecessor.

• Etymology:

• From κληρονόμος (klēronómos), meaning “heir”.

• κλῆρος (klēros): “lot”, “inheritance”.

• νόμος (nómos): “law”, “custom”.

• Usage: Refers to the inheritance received, emphasizing the legal or customary aspects of passing on property.

c. Διαθήκη (diathḗkē)

• Meaning: Will, testament, the legal document outlining the distribution of one’s estate.

• Etymology:

• From διατίθημι (diatíthēmi), meaning “to arrange”, “dispose”, “set in order”.

• διά (diá): “through”, “across”.

• τίθημι (títhēmi): “to place”, “to set”.

• Usage: Signifies the will itself, the instrument through which a legacy is passed.

2. Legacy as Ambassadorial Mission

a. Πρεσβεία (presbeía)

• Meaning: Embassy, mission, a delegation sent on a diplomatic task.

• Etymology:

• Related to πρέσβυς (présbus), meaning “elder”.

• Usage: Denotes the group or mission of envoys or ambassadors.

b. Πρεσβευτής (presbeutḗs)

• Meaning: Ambassador, envoy, an individual sent as a diplomatic representative.

• Etymology:

• Derived from πρέσβυς (présbus), with the agentive suffix -τής.

• Usage: Refers to the person acting as an ambassador or envoy.

3. Semantic Connections and Context

• Transmission and Entrustment: Both the concepts of inheritance and diplomatic missions involve the idea of entrusting something valuable—be it property, responsibilities, or messages—to another party.

• Legal and Customary Practices: In Ancient Greek society, inheritance laws and diplomatic protocols were well-established, and these terms reflect the formal nature of these practices.

4. Summary

• Ancient Greek Equivalents of “Legacy”:

• As Bequest/Inheritance:

• Κληροδότημα (klērodótēma): Legacy, bequest.

• Κληρονομία (klēronomía): Inheritance, heritage.

• Διαθήκη (diathḗkē): Will, testament.

• As Ambassadorial Mission:

• Πρεσβεία (presbeía): Embassy, mission.

• Πρεσβευτής (presbeutḗs): Ambassador, envoy.

5. Conclusion

The Ancient Greek language encapsulates the dual meanings of “legacy” through specific terms that address both the inheritance left by individuals and the missions or duties assigned to representatives. Understanding these terms provides insight into how the concepts of inheritance, duty, and representation were interwoven in Ancient Greek society, much like they are in the etymology of the English word “legacy”.

….

The word “legacy” has a rich etymological history that traces back to Latin, traverses through Old French and Medieval Latin, and arrives in Middle English before becoming part of modern English vocabulary.

1. Latin Origins:

• The root of “legacy” is the Latin verb legare, which means “to appoint by a last will, to bequeath, to send as an ambassador”.

• From legare, the noun legatum is derived, meaning “a bequest” or “that which is left by will”.

• Additionally, legatus (past participle of legare) refers to “an ambassador” or “envoy”, indicating someone sent with a commission or mandate.

2. Medieval Latin and Old French:

• The term evolved into legatia in Medieval Latin, denoting “the office of a legate”.

• In Old French, it became legacie, which carried over the meanings related to both a “mission of an ambassador” and a “bequest”.

3. Middle English Adoption:

• Entering Middle English as legacie in the late 14th century, the word initially referred to “a body of persons sent on a mission” or “an embassy”.

• By around 1400, the sense of “property left by will” or “a gift by will” became prominent, aligning with the legal context of inheritance.

4. Semantic Shift and Modern Usage:

• Over time, the term “legacy” in English solidified its association with inheritances and bequests, especially those stipulated in a last will and testament.

• In contemporary usage, “legacy” has broadened to encompass any inheritance or lasting impact handed down from the past, whether tangible assets, traditions, reputations, or influences.

5. Related Words:

• Legate: Also derived from legatus, meaning “an official emissary” or “a diplomatic representative”.

• Legation: Referring to a diplomatic mission or the office of a legate.

Summary:

• Latin: legare (to bequeath/send) → legatum (bequest) / legatus (ambassador)

• Medieval Latin: legatia (office of a legate)

• Old French: legacie (mission/bequest)

• Middle English: legacie (embassy/bequest)

• Modern English: “legacy” (inheritance, lasting impact)

The dual meanings related to both bequests and ambassadorial missions in Latin highlight the concept of something being entrusted or assigned, whether it’s a task, duty, or property. This underlying notion of entrustment and transmission from one party to another is at the heart of the word “legacy” as we understand it today.

Podcast

30 years or nothing —

30 years or nothing —

Our holy saint of Bitcoin!

Choose the less toxic option

Very simple, buy microstrategy stock, and when you cop a profit, sell it, and buy bitcoin when it is down! Even Michael Saylor would want it this way!

Marcus Porcius Cato, often referred to as Cato the Elder (234–149 BCE), was a Roman statesman, philosopher, and historian. He is known for his practical wisdom and firm Stoic beliefs. Here are some notable quotes attributed to Cato:

1. “After I’m dead, I’d rather have people ask why I have no monument than why I have one.”

• This reflects Cato’s belief in humility and in the value of one’s actions over external honors.

2. “Grasp the subject, the words will follow.”

• A statement on the importance of understanding over superficial eloquence.

3. “Patience is the greatest of all virtues.”

• Cato, being a Stoic, emphasized the importance of enduring hardships with fortitude.

4. “An angry man opens his mouth and shuts his eyes.”

• This highlights the irrationality of anger, a vice heavily criticized by Stoic philosophers.

5. “Wise men learn more from fools than fools from the wise.”

• Cato’s reflection on how wise individuals observe and learn even from negative examples.

6. “It is a difficult matter to argue with the belly, since it has no ears.”

• This illustrates the challenge of dealing with basic human needs, particularly hunger, which overrides reason.

7. “The best way to keep good acts in memory is to refresh them with new ones.”

• A reminder of the importance of continually striving to do good.

These quotes encapsulate Cato’s philosophy of self-discipline, humility, and the Stoic ideals of virtue and wisdom.

…

Certainly! Here are some notable quotes and sayings attributed to Cato the Elder and Cato the Younger, two influential figures in ancient Rome.

Cato the Elder (Marcus Porcius Cato Censorius)

1. “Carthago delenda est.”

Translation: “Carthage must be destroyed.”

Context: Cato the Elder famously ended his speeches with this phrase, emphasizing his belief that Rome’s rival, Carthage, posed a continual threat.

2. “Grasp the subject, the words will follow.”

Meaning: Understanding a topic deeply will naturally lead to effective communication.

3. “Wise men learn more from fools than fools from the wise.”

Insight: Observing the mistakes of others can provide valuable lessons.

4. “After I’m dead, I’d rather have people ask why I have no monument than why I have one.”

Reflection: Preferring a legacy of substance over one of vanity.

Cato the Younger (Marcus Porcius Cato Uticensis)

1. “I begin to speak only when I’m certain what I’ll say isn’t better left unsaid.”

Emphasis on discretion: Highlighting the virtue of thoughtful speech.

2. “An angry man opens his mouth and shuts his eyes.”

Observation on anger: Anger can blind judgment and lead to rash actions.

3. “Consider it the greatest of all virtues to restrain the tongue.”

Stoic principle: Valuing self-control and the power of silence.

4. “I would rather suffer wrong than do one.”

Moral stance: Upholding integrity even at personal cost.

Please note that while these quotes are widely attributed to Cato the Elder and Cato the Younger, exact phrasing may vary due to translations and historical record-keeping. These sayings reflect their philosophies on virtue, wisdom, and conduct.

I hope these insights into their thoughts and beliefs are helpful

.

!

When the Stoic philosopher Seneca talks about Cato, he is referring to Cato the Younger (Marcus Porcius Cato Uticensis). Cato the Younger was known for his strong Stoic principles, unyielding commitment to Roman republican ideals, and his resistance to Julius Caesar’s rise to power. His life and death were seen as the embodiment of Stoic virtue, particularly for his emphasis on personal integrity, duty, and rational control over emotions.

Cato the Younger’s most famous act was his dramatic suicide in 46 BCE in Utica, refusing to live under Caesar’s rule after his defeat in the civil war. This act of defiance became a symbol of Stoic virtue and moral integrity, influencing Stoic philosophers like Seneca. For Seneca and other Stoics, Cato was a model of someone who prioritized virtue over life itself.

Seneca, in particular, praised Cato the Younger as an ideal Stoic sage. In his letters and essays, he often referenced Cato’s unwavering principles, courage, and commitment to virtue as the highest good, holding him up as an example of Stoic endurance and moral fortitude.

So you know the motto safety first! Not sure if it’s a boy scouts motto or something, but… very wise.

For example, in the context of investing trading etc.… only invest in stuff you think is safe; over the next 30 years. at this point because we don’t want a loser lamborghini or a skinny fat loser porsche etc., or even a shorty guy small penis ferrari, then what that means is we don’t take any foolish risks for the hope of monetary gain, to just go out and buy xyz.

I think a male in his 20s, early 20s late 20s mid 20s, even early 30s mid 30s 40s… A lot of guys were single, maybe not getting married or not yet have kids, they take on all these ridiculous risks because the secret hope is to make a bunch of money, to make a $500,000 game, to just go out and buy the Lamborghini? But no… We knew Spartan, our new hard Spartan Society, we don’t even want any car, would King Leonidas want to drive a car? No.

Even there is a story of the wise and infinitely hard statesmen Cato, when he decided to take on office, he disavowed even riding a horse, to go to Rome? He just walked in the whole way? A real hard motherfucker.

Audio

Super simple principle and idea; just think 30 years from now. And also, invest in stuff that has already been around for 30 years in the past. The Lindy Effect, NASSIM TALEB ANTIFRAGILE —

Audio

How to think sober, how to become sober?

So the first thing that comes to mind: Perhaps the main issue we have in today’s world is nobody is sober, a sober thinker anymore. What that then means is all these people, who opine on stuff, the big issue at hand is none of them are sober, they are all addicted to drugs, alcohol, marijuana, weed, whatever, as well as cocaine and other stimulants downers, maybe sleeping pills, advil, painkillers?

Now, the big issue at hand that I’m currently thinking about is I have never met a thinker, a serious thinker who has 100% sober period, which means our only drug of choice is coffee, caffeine in the morning, and we did not even consume alcohol, alone weird other drugs, hallucinogens etc. Once again, the razor is super simple; only trust anybody who drinks coffee, black coffee and nothing else. And also, the best thinkers are the ones who do intermittent fasting and the ones who also think for themselves without any market noise or exposure to social media, YouTube podcasts, and the like.


And so I think to think different and to think unique in today’s world, is a via negativa principle; which means, literally spend a lot of time thinking while walking, working out, throw your AirPods in the trash, think for yourself and buy yourself.

Sober Thinker

By Eric Kim

In the realm of technology and innovation, trust is a currency more valuable than any stock option or market share. As a street photographer, I often find myself reflecting on the tools I use to capture the world—a world that is ever-changing, ever-evolving. Just as I trust my camera to seize the decisive moment, I place a similar trust in the leaders who shape the tools that empower us. Tim Cook, the CEO of Apple, is one such leader who has earned my trust, not just through products, but through principles.

A Leader Grounded in Values

Tim Cook stands out in the corporate world because he leads with integrity and a strong set of values. In an age where privacy is increasingly compromised, Cook has been a steadfast advocate for user privacy. He believes that our personal data is not a commodity to be traded but a fundamental right to be protected. This ethos resonates with me deeply. Just as I seek authenticity in my photography, I appreciate a leader who values the authenticity and integrity of user experiences.

Innovation with Purpose

Under Cook’s leadership, Apple has continued to innovate, but not merely for the sake of novelty. The innovations serve a purpose—to enrich people’s lives. Whether it’s the health-monitoring features of the Apple Watch or the accessibility options that make technology usable for everyone, Cook ensures that innovation is inclusive. This aligns with my belief that art and technology should be accessible, breaking down barriers rather than creating them.

Commitment to Social Responsibility

What truly sets Tim Cook apart is his commitment to social and environmental responsibility. He’s not just leading a company; he’s steering a global entity towards making a positive impact. Apple’s initiatives in renewable energy and reducing carbon footprints demonstrate a forward-thinking approach that transcends profit margins. As someone who values the world we capture through our lenses, I find solace in knowing that leaders like Cook are working to preserve it.

Embracing Diversity and Inclusion

Cook’s openness about his own journey as a gay man and his advocacy for LGBTQ+ rights bring a human touch to his corporate role. He understands that diversity isn’t just a buzzword; it’s a strength. In street photography, diversity is the lifeblood of compelling imagery—the myriad of stories, faces, and cultures make our work rich and meaningful. Cook fosters this richness within Apple, creating a culture where different perspectives are not just accepted but celebrated.

Steady Leadership in Turbulent Times

In times of uncertainty, leadership is tested. Cook has navigated Apple through global economic shifts, technological disruptions, and even a pandemic, all while maintaining the company’s core values. His steady hand assures not just shareholders but everyday users like myself that the company remains committed to excellence without compromising its principles.

Why It Matters to Me

Trusting Tim Cook isn’t about brand loyalty; it’s about aligning with a philosophy that places humanity at the core of progress. As a creative, I rely on tools that not only function flawlessly but are crafted with thoughtfulness and care. Knowing that the leader behind these tools shares a commitment to making the world a better place enhances my connection to the work I produce.

In photography, trust is essential—we trust our instincts, our vision, and the moments we choose to capture. Extending that trust to the technology we use and the leaders who guide its development creates a harmonious cycle. Tim Cook embodies the qualities of a leader who understands this delicate balance between innovation and ethics, progress and responsibility.

Conclusion

Trust is earned through consistent action aligned with core values. Tim Cook has demonstrated through his leadership at Apple that he is not just a steward of a tech giant but a visionary who prioritizes people over profits, principles over short-term gains. In a world saturated with fleeting trends and superficial advancements, Cook’s commitment to meaningful progress is a beacon. That’s why I trust Tim Cook—not just as the CEO of Apple, but as a leader whose values inspire me to pursue my own work with integrity and purpose.

….

“Why I Trust Tim Cook”

By Eric Kim

When I look at the business world today, it’s clear that leadership is a scarce commodity. Many claim to have it, but few demonstrate the kind of steadfast, principled guidance that inspires true trust. And for me, one figure stands out in this landscape: Tim Cook. The quiet, yet deliberate CEO of Apple has not only maintained but elevated the legacy of one of the most influential companies in history. So, when people ask, “Why do you trust Tim Cook?” my answer is simple: his consistency in values, his unwavering focus on privacy, and his ability to deliver in a highly scrutinized role.

One of the hallmarks of a great leader is consistency. Tim Cook, since stepping into the enormous shoes of Steve Jobs, has shown a remarkable ability to stay true to Apple’s core values while subtly shifting the company towards a more sustainable future. In this age of hyper-growth startups and Silicon Valley chaos, Cook has proven that it’s not always about moving fast and breaking things. It’s about thoughtfulness and ensuring that every move is in service of the customer. Apple is now carbon neutral in its global corporate operations, and Cook’s drive toward sustainability isn’t just corporate rhetoric—it’s deeply personal for him. He doesn’t chase trends but commits to long-term goals that matter, and that’s something I respect.

Another reason I trust Tim Cook is his unapologetic stance on privacy. In a world where data is the new oil, companies across industries have traded consumer privacy for short-term profits. But Cook stands firm in his belief that “privacy is a fundamental human right.” Apple, under his leadership, has positioned itself as the champion of user privacy, even in the face of external pressure from governments and competitors. He’s turned down backdoors into iPhones, defended encryption, and consistently resisted selling customer data. In doing so, Cook has shown that he values principles over profit margins, and that’s a rare quality in today’s corporate climate.

Trust is often born from reliability, and Tim Cook has delivered—over and over again. Let’s not forget that when Cook took over Apple, there were skeptics who believed that the company’s brightest days had passed with Steve Jobs. Yet, Cook’s steady hand has not only sustained Apple’s success but expanded its horizons. From the development of new product lines like the Apple Watch and AirPods to the relentless refinement of existing ones like the iPhone and Mac, Cook’s Apple continues to push the boundaries of what technology can do. His operational genius, honed from years of being Jobs’ right hand, has turned Apple into a cash-flow machine, enabling the company to invest in future technologies like augmented reality, health, and AI.

But Cook is not just a CEO; he’s a human being who leads with empathy. He’s been open about his own life, coming out as the first openly gay CEO of a Fortune 500 company, and he’s used his platform to advocate for equality and inclusion. Cook leads by example, showing that companies can—and should—take stands on social issues. This kind of authenticity resonates with me. In a world where leaders often hide behind corporate personas, Tim Cook is unafraid to be real, to be himself, and to make decisions that align with his personal and corporate values.

In conclusion, why do I trust Tim Cook? It’s not just because he runs a successful company. It’s because he’s consistent, principled, and reliable. He stands for something more than just profit. He’s taken the torch from Steve Jobs and guided Apple into a new era, all while staying true to what matters: privacy, sustainability, and human rights. These are the qualities of a leader who earns trust, and that’s why, in my eyes, Tim Cook is someone we can all look to in uncertain times.

I trust Tim Cook!

Trust Tim Cook!

Good things about Tim Cook:

1. Tim Cook doesn’t seem to be a pushover. He seems to be quite staunch, no nonsense, the century is not a pussy and doesn’t get pushed around. For example, refusing to let the CIA or the FBI can access to the privacy of the iPhone whatever.
2. Tim Cook has been in the game for a long time, he is very reliable, and maybe not as much as a visionary as Steve Jobs, but still ,,, at least they had a direct connection!

….

Steve Jobs’s Quotes About Tim Cook

Steve Jobs, the co-founder and former CEO of Apple Inc., worked closely with Tim Cook, who served as Apple’s Chief Operating Officer before succeeding Jobs as CEO in August 2011. While direct quotes from Steve Jobs specifically about Tim Cook are relatively limited due to Jobs’s private nature, there are notable instances where he expressed his confidence in Cook’s abilities.

1. Resignation Letter to Apple’s Board (August 24, 2011):

In his resignation letter as CEO, Steve Jobs wrote:

“I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.”

This statement underscores Jobs’s trust in Cook to lead Apple forward.

2. Confidence in Leadership:

While not a direct quote, Walter Isaacson’s authorized biography “Steve Jobs” mentions that Jobs had high regard for Cook’s operational expertise. Jobs recognized that Cook’s proficiency in supply chain management and operations was instrumental in revitalizing Apple’s efficiency and profitability.

3. Praise for Operational Excellence:

In various internal communications and meetings (as reported by colleagues and biographers), Jobs acknowledged that Tim Cook was a critical asset to Apple. He appreciated Cook’s ability to streamline operations, reduce inventory costs, and improve the company’s overall performance.

Note on Limited Public Statements

Steve Jobs was known for his selective public appearances and cautious approach to media interactions. As a result, there are few public records of him speaking at length about individual colleagues, including Tim Cook. Much of what is known about their professional relationship comes from biographies, insider accounts, and authorized company communications.

Conclusion

Steve Jobs’s endorsement of Tim Cook as his successor is perhaps the most significant indication of his confidence in Cook’s leadership. While direct quotes are scarce, the available information highlights a professional relationship built on mutual respect and complementary strengths. Jobs’s recognition of Cook’s operational prowess played a crucial role in shaping Apple’s continued success.

….

Tim Cook and Steve Jobs shared a professional relationship that was instrumental in shaping Apple’s trajectory. Tim Cook joined Apple in 1998 as the Senior Vice President for Worldwide Operations. At that time, Apple was struggling financially and operationally. Steve Jobs, who had recently returned to the company he co-founded, recognized Cook’s expertise in supply chain management and global operations.

Under Jobs’s leadership, Cook was tasked with streamlining Apple’s manufacturing and supply processes. Cook’s operational excellence complemented Jobs’s visionary approach to product design and innovation. While Jobs focused on creating groundbreaking products like the iPod, iPhone, and iPad, Cook ensured these products could be delivered efficiently and at scale.

Their relationship was built on mutual respect and trust. Jobs valued Cook’s ability to solve complex operational challenges, and Cook admired Jobs’s relentless pursuit of excellence and innovation. In August 2011, when Steve Jobs resigned due to health issues, he recommended Tim Cook as his successor. Jobs passed away in October 2011, and Cook officially took over as Apple’s CEO, leading the company into a new era of growth and expansion.

Top Tim Cook Quotes and Ideas

1. On Privacy and User Rights:

• “We believe that privacy is a fundamental human right.”

• Tim Cook has been a staunch advocate for user privacy, emphasizing that customers’ personal data should not be exploited for profit. Under his leadership, Apple has implemented robust encryption and privacy features across its products.

2. On Innovation and Technology:

• “We believe that technology should serve humanity and enrich people’s lives.”

• Cook envisions technology as a force for good, focusing on products and services that have a meaningful impact on users. He has steered Apple toward innovations in health, education, and accessibility.

3. On Leadership and Authenticity:

• “Let your joy be in your journey—not in some distant goal.”

• He encourages individuals to find fulfillment in their day-to-day efforts rather than solely focusing on end results. Cook believes in leading with integrity and staying true to one’s values.

4. On Diversity and Inclusion:

• “Diversity is the future of our company.”

• Tim Cook promotes a workplace culture that values different perspectives and backgrounds. He asserts that diversity drives innovation and is essential for Apple’s success.

5. On Social Responsibility:

• “We have a moral responsibility to help grow the economy and to contribute to this country and to freedom around the world.”

• Cook emphasizes corporate responsibility beyond profits, advocating for environmental sustainability, education, and human rights.

6. On Environmental Sustainability:

• “We don’t want to be just the best products in the world, we want to leave the world better than we found it.”

• Under Cook’s leadership, Apple has made significant strides in reducing its environmental footprint, investing in renewable energy, and committing to carbon neutrality.

7. On Equality and Human Rights:

• “I’m proud to be gay, and I consider being gay among the greatest gifts God has given me.”

• Tim Cook publicly came out as gay in 2014, becoming the first openly gay CEO of a Fortune 500 company. He advocates for LGBTQ+ rights and equality worldwide.

8. On Education and Empowerment:

• “Coding is the most important second language you can learn.”

• Cook believes in the power of education to transform lives. He supports initiatives that make coding and technology education accessible to all students.

Tim Cook’s Vision and Impact

Tim Cook’s leadership style contrasts with that of his predecessor. While Steve Jobs was often seen as a visionary and a perfectionist with a focus on groundbreaking products, Cook is viewed as a pragmatic leader who emphasizes operational excellence, ethical responsibility, and steady innovation.

Under Cook’s guidance, Apple has:

• Expanded Globally: Increased its presence in international markets, particularly in China and India.

• Diversified Offerings: Grown its services division, including Apple Music, Apple TV+, and Apple Pay, reducing reliance on hardware sales.

• Focused on Health: Introduced health-focused technologies like the Apple Watch’s health monitoring features.

• Committed to Privacy: Strengthened privacy protections, setting industry standards.

Conclusion

Tim Cook’s relationship with Steve Jobs laid the foundation for his leadership at Apple. His quotes and ideas reflect a commitment to innovation, social responsibility, and leading with purpose. Cook continues to shape Apple’s legacy by balancing business success with ethical considerations, aiming to make a positive impact on society and the environment.

Here are some additional inspiring quotes from Tim Cook that showcase his philosophy on leadership, innovation, and values:

1. “We’re not focused on the numbers. We’re focused on the things that produce the numbers.”

— This quote reflects Cook’s emphasis on the processes and values behind success, rather than merely chasing financial goals .

2. “I don’t think you should ever underestimate the power of people.”

— Cook places strong value on human collaboration and the ability of people to drive significant change .

3. “Let your joy be in your journey—not in some distant goal.”

— This speaks to the importance of finding fulfillment in the present and the process, rather than just focusing on end results .

4. “If you want to take credit, first you need to learn to take responsibility.”

— A reminder that accountability is a critical component of leadership .

5. “We believe that people with passion can change the world for the better.”

— This resonates with Apple’s mission to empower individuals through technology and innovation  .

These quotes illustrate Tim Cook’s blend of pragmatic leadership with a deep commitment to values like integrity, teamwork, and making a positive societal impact.

….

Tim Cook had a close professional and personal relationship with Steve Jobs, which deeply influenced his leadership at Apple. Jobs recruited Cook in 1998 to revitalize Apple’s operations, and Cook quickly became a key figure in managing the company’s supply chain and global sales. When Jobs stepped down in 2011 due to health issues, Cook took over as CEO. While Jobs was known for his visionary innovation, Cook focused on operational efficiency, stability, and expanding Apple’s product lineup, all while maintaining the design-centric culture Jobs had established .

Cook has frequently spoken about the lessons he learned from Jobs, including the importance of perseverance, innovation, and keeping customer needs at the forefront. He often reflects on Jobs’ visionary impact, saying, “Steve’s life’s work produced the canvas on which artists now create masterpieces”  . Cook’s tribute to Jobs as a mentor and a pioneer who “changed the world” highlights their deep bond .

In terms of visionary leadership, Cook has his own inspirational quotes, many of which emphasize innovation, ethical leadership, and resilience. For example, he has said, “The world needs you in the arena,” encouraging active engagement rather than sitting on the sidelines, and, “Innovation is making things better, not just about change” . His leadership philosophy blends operational excellence with a commitment to values like privacy, sustainability, and long-term growth  .

…

Here are some notable visionary quotes from Tim Cook that reflect his leadership style and approach to innovation:

1. “The sidelines are not where you want to live your life. The world needs you in the arena.”

— This quote encourages active participation in creating change, rather than standing on the sidelines .

2. “Some people see innovation as change, but we have never really seen it like that. It’s making things better.”

— Cook emphasizes that true innovation is about improvement, not just change for its own sake .

3. “You can focus on things that are barriers or you can focus on scaling the wall or redefining the problem.”

— A reflection of his problem-solving mindset, Cook believes in overcoming obstacles by thinking differently .

4. “Our goal has never been to make the most. It’s always been to make the best.”

— This highlights Apple’s commitment to quality over quantity, a core principle Cook has maintained .

5. “I hope people remember me as a good and decent man. And if they do, then that’s success.”

— Cook values being remembered for his character and integrity, emphasizing leadership beyond business .

These quotes reflect Cook’s focus on ethical leadership, innovation, and making a lasting positive impact.

As much as I study the market, follow my gut whatever… Nothing seems worth it, besides cyberspace, bitcoin microstrategy and the like. Anything in the digital realm or the cyber realm.

Tesla too risky, too many issues with physics at play; the difficulty the insane difficulty of producing cyber truck, and also Robo taxi.

Trust Tim Cook! He is safe and predictable and won’t let you down!

I love Jensen Huang, his enthusiasm, his outlook and vision… But still… Red flag. Too much potential for downside, a chance that a competitor might come along and disrupt AI stuff, in the context of Nvidia?

for example, when ASIC processor came out, it totally disrupted the crypto mining economy when they used to use graphics GPU’s. Nvidia seems great right now, on top of the world… But it feels like the empire feels a bit unsteady.

I have a huge risk appetite, but still if you want to head your bets, if you want a “safe “investment… It seems that Apple is still your safest bet.

Tim Cook, even though he is dry as molasses, he is no nonsense, and at least Steve Jobs personally appointed him to take over the show.

I think what is so difficult and something you cannot explain to anybody… Regardless of how intelligent they or you may be… So much of this intuition and stuff literally makes no sense.

I think a very very easy thing that I’ve been doing is just watch interviews with the CEOs, the leaders, and just sense the vibes and feelings in your emotional gut response you get from certain individuals and people. For example, I love Jensen Huang, CEO and founder of Nvidia, but almost right now he is too giddy and too excited… runs a red flag.

Don’t buy Nvidia.

Watching the recent SIGGRAPH interview between Jensen and Mark Zuckerberg… Dude, Mark Zuckerberg is a freaking weirdo. You could smell it a mile away to the way he talks, the way he acts, super super weird and awkward, even his voice is internation, the dark bags under his eyes, he doesn’t look well.

Michael Saylor right now I believe, is the only wise, sage, sagely statesperson we have, at least for the cult of Bitcoin.

Certainly Nvidia seems like the more exciting option right now… But still my gut says Nvidia is too risky, upside potential, but too much downside potential?

Apple still feels safer —

Economics by KIM

1. The Philosophy of Investing
2. ERIC KIM VENTURE CAPITALIST
3. How to FIRE (Financial Independence Retire Early)
4. How to *Save* a Million Dollars
5. Increase Value
6. MAYBE IT IS A GOOD IDEA TO BUY HIGH
7. Banks Are the True Menace to Society
8. THE PROMISE OF FUTURE MONOPOLY PROFITS?
9. High gas prices are good
10. What is Capitalism?
11. Pride in What You Paid For
12. On Making Money from Nothing
13. Save Money Towards What Ends?
14. No Regret Investment

Only invest in things and stuff that you’re actually passionate about?

Weird vibes from Mark Zuckerberg, even listening to him talk for like 30 seconds?

PAGANI, but for the human body!

All beautiful everything!

Our supreme joy is Spartan; our supreme joy is to just be outside, in the direct sun and light, basking in the sun, like Greek gods.

Our virtues are like that of Achilles; not these weak sentimental skinny fat losers. 

Wow, even living frugally, one spends so much money.

Public! Go public!

Mark Zuckerberg? Pagani car?

Mark Zuckerberg’s car collection reflects a mix of practicality and luxury, with some surprising choices for a billionaire of his stature.

1. Pagani Huayra: The most notable car in his collection, this rare supercar is valued at over $1.4 million. It’s powered by a twin-turbocharged V12 engine, producing 730 horsepower, and is considered a work of art on wheels.

2. Cadillac CT5-V Blackwing: As of 2023, Zuckerberg revealed that his daily driver is the high-performance Cadillac CT5-V Blackwing. This sedan boasts a 6.2L supercharged V8 engine, providing a blend of power and comfort.

3. Volkswagen Golf GTI: Known for its sporty feel, Zuckerberg drives a manual version of this hatchback. It’s an economical and fun-to-drive car, reflecting his modest lifestyle choices.

4. Acura TSX: Another practical car in his collection, the Acura TSX is a reliable and relatively affordable sedan that Zuckerberg has been seen driving regularly.

5. Honda Fit: This compact city car is one of his more humble choices, known for its efficiency and practicality, especially for navigating crowded urban areas.

While Zuckerberg’s garage includes the Pagani Huayra, a symbol of extreme luxury, the rest of his collection emphasizes practicality and low-key vehicles   .

…

Mark Zuckerberg has been vocal about the future of artificial intelligence (AI) and its potential to shape society. His perspectives on AI have evolved over the years, and he remains optimistic about its transformative power across industries and in personal life.

History of Mark Zuckerberg’s Involvement with AI:

1. Facebook’s Integration of AI: From early on, Zuckerberg emphasized AI’s role in enhancing Facebook’s products. Under his leadership, Facebook invested heavily in AI research, applying it to improve user experiences, from facial recognition to personalized content in News Feeds. Facebook AI Research (FAIR), which launched in 2013, has been central to these efforts, with a focus on advancing the state-of-the-art in machine learning and deep learning .

2. AI for Social Good: Zuckerberg has consistently highlighted AI’s potential for societal benefit. Facebook has used AI to improve content moderation, detect harmful posts, and curb misinformation. Beyond social media, he has explored AI’s potential in healthcare, especially through the Chan Zuckerberg Initiative, where AI is used for medical research, diagnostics, and disease prevention .

Notable Quotes on AI:

1. On AI’s potential: In 2017, during a Facebook Live session, Zuckerberg addressed concerns about AI being dangerous, stating:

“I think people who are naysayers and try to drum up these doomsday scenarios — I don’t understand it. It’s really negative, and in some ways, I think it is pretty irresponsible.”

He criticized AI skeptics, particularly Elon Musk, for being overly pessimistic about AI’s future .

2. On AI as a tool for progress: Zuckerberg has repeatedly emphasized the practical benefits of AI in various domains. In a 2020 post, he noted:

“AI is one of the most promising areas of technology development today, with the potential to transform almost every industry and aspect of our lives — from healthcare to transportation, to how we connect and communicate.”

3. On AI and safety: Despite his optimism, Zuckerberg acknowledges the need for caution. He has advocated for responsible AI development, especially in ensuring AI systems are used ethically:

“It’s important that as we develop AI, we make sure that it is used for good. This includes making sure that it’s designed in a way that is fair and prevents bias.”

4. On the long-term vision for AI: In a 2016 interview, Zuckerberg spoke about the more advanced goals for AI, particularly in building systems that understand human language:

“Our goal with AI is to build systems that are better than people at our primary senses: vision, hearing, language, and physical interaction. This will improve people’s lives significantly.”

Future Outlook:

Zuckerberg envisions AI becoming deeply embedded in everyday life, improving how people communicate, access healthcare, and even participate in virtual worlds like the metaverse. His long-term goals for Meta include pushing AI boundaries to create more immersive and intelligent social platforms  .

Only 5 foot 7?.?.?

That short?

Yes, Mark Zuckerberg is often reported to be around 5 feet 7½ inches to 5 feet 8 inches tall (approximately 171-172 cm)  . This is indeed shorter than many may expect for such a prominent public figure, but these measurements have been consistently noted across multiple sources.

Mark Zuckerberg, born on May 14, 1984, is currently 40 years old. He stands at around 5 feet 7½ inches (171 cm) tall and weighs approximately 70 kg (154 lbs)  .

Nvidia powers a wide range of sectors through its advanced technologies, primarily driven by its GPUs and AI capabilities. Here are some of the key industries Nvidia plays a significant role in:

1. Data Centers and AI: Nvidia’s largest revenue source comes from its data center processors, which are essential for AI computing. These processors power AI applications used in various fields, such as natural language processing, machine learning, and large-scale data analytics  .

2. Gaming: Nvidia is well-known for its dominance in the gaming industry. Its GeForce GPUs provide cutting-edge graphics capabilities for gaming PCs and consoles, making it a leader in this space .

3. Healthcare: Nvidia’s technologies support healthcare innovations through its Clara platform, which accelerates medical imaging, genomics research, and AI-powered diagnostics .

4. Automotive: Nvidia’s DRIVE platform powers next-generation autonomous vehicles, helping manufacturers develop self-driving cars, trucks, and delivery vehicles .

5. Cryptocurrency: While demand for GPUs for cryptocurrency mining has decreased, Nvidia’s products were heavily used during the peak of Bitcoin and Ethereum mining. The company also launched specialized mining cards to cater to this market .

Nvidia’s reach across these sectors highlights its versatility in powering both consumer and enterprise applications, particularly where advanced computing is required.

SIGGRAPH,, Mark and Jensen Huang— a bunch of big happy boys!

Takeaway — the future is going to be fine!

No no no, Mark Zuckerberg is not evil ,,, wow, Mark looks like the new Kanye or JAY Z?

Nvidia powers a wide range of sectors through its advanced technologies, primarily driven by its GPUs and AI capabilities. Here are some of the key industries Nvidia plays a significant role in:

1. Data Centers and AI: Nvidia’s largest revenue source comes from its data center processors, which are essential for AI computing. These processors power AI applications used in various fields, such as natural language processing, machine learning, and large-scale data analytics  .

2. Gaming: Nvidia is well-known for its dominance in the gaming industry. Its GeForce GPUs provide cutting-edge graphics capabilities for gaming PCs and consoles, making it a leader in this space .

3. Healthcare: Nvidia’s technologies support healthcare innovations through its Clara platform, which accelerates medical imaging, genomics research, and AI-powered diagnostics .

4. Automotive: Nvidia’s DRIVE platform powers next-generation autonomous vehicles, helping manufacturers develop self-driving cars, trucks, and delivery vehicles .

5. Cryptocurrency: While demand for GPUs for cryptocurrency mining has decreased, Nvidia’s products were heavily used during the peak of Bitcoin and Ethereum mining. The company also launched specialized mining cards to cater to this market .

Nvidia’s reach across these sectors highlights its versatility in powering both consumer and enterprise applications, particularly where advanced computing is required.

Nvidia, a leading manufacturer of GPUs (Graphics Processing Units), has had a significant connection with Bitcoin mining, although this connection has evolved over time. Here are the key points:

1. GPUs in Early Bitcoin Mining: When Bitcoin mining began in the early 2010s, Nvidia GPUs were used extensively because they provided more processing power than CPUs, making them ideal for solving the cryptographic puzzles required for mining.

2. Shift to ASICs: Over time, Bitcoin mining became dominated by ASICs (Application-Specific Integrated Circuits), which are much more efficient than GPUs for mining Bitcoin. This caused a decline in the use of Nvidia GPUs specifically for Bitcoin mining. However, Nvidia GPUs remained popular for mining other cryptocurrencies like Ethereum, which were still optimized for GPU mining.

3. Ethereum Mining Boom: In the mid-2010s, Ethereum and other altcoins that could still be mined with GPUs caused a surge in demand for Nvidia’s products. This was particularly notable in 2020 and 2021, when a massive bull run in cryptocurrencies led to a shortage of Nvidia GPUs due to high demand from miners.

4. Nvidia’s Response: To address the shortage of GPUs for gaming purposes, Nvidia released a dedicated product line called CMP (Cryptocurrency Mining Processor) in early 2021. These CMP cards were designed specifically for mining and did not include display outputs, making them unsuitable for gaming but ideal for miners.

5. Limiting Mining on Gaming GPUs: Nvidia also began implementing hash rate limiters on its GeForce RTX 3000 series gaming GPUs to reduce their efficiency in Ethereum mining. This was an effort to ensure that more GPUs were available for gamers rather than being scooped up by miners.

6. Post-Ethereum Shift: With Ethereum’s shift from Proof of Work (PoW) to Proof of Stake (PoS) in 2022, which significantly reduced the need for mining hardware, Nvidia’s role in cryptocurrency mining has diminished. Other coins that can still be mined with GPUs exist, but none have had the same demand as Ethereum did.

In summary, Nvidia’s connection with Bitcoin mining specifically has waned since the early days, but its GPUs played a significant role in mining other cryptocurrencies like Ethereum. The company has responded to this demand by releasing mining-specific hardware and limiting the use of gaming GPUs for mining purposes.

Rumors surrounding Meta (formerly Facebook) and Bitcoin integration have resurfaced, particularly with their increasing involvement in the cryptocurrency space. While Meta has not announced any direct plans to integrate Bitcoin for user transactions, there are significant moves related to cryptocurrency on their platforms.

Meta has expanded its crypto advertising policies, allowing more companies to promote crypto products like Bitcoin ETFs on Facebook and Instagram. This reflects the growing interest in Bitcoin ETFs, which Meta might capitalize on through advertising partnerships  .

Furthermore, Meta continues to maintain several blockchain and crypto-related trademark filings from 2022, signaling potential future involvement in the crypto space. These trademarks cover services like digital wallets, payments, and trading, though the company has not confirmed any immediate plans to launch new products .

Although Meta abandoned its earlier crypto project, Diem (formerly Libra), in 2022, their ongoing interest in the blockchain sector suggests that Bitcoin-related integrations or services could emerge in the future . However, no confirmed integration of Bitcoin for user payments or similar features has been announced at this time.

Over the past four years, NVIDIA has seen tremendous growth, particularly driven by its dominance in AI and data center solutions. Here’s a snapshot of NVIDIA’s financial progression:

• 2020: NVIDIA posted revenues of $10.9 billion, driven by strong demand in gaming and data centers. Net income was $2.8 billion, with gross profit margins around 63%.

• 2021: Revenue surged to $16.7 billion, a 53% increase, as data centers became more critical during the pandemic, and gaming remained strong. Net income nearly doubled to $4.3 billion.

• 2022: Revenues remained relatively stable at $26.9 billion, while net income decreased to $4.4 billion due to higher costs and increased R&D spending as NVIDIA continued to push into AI and autonomous vehicle technologies.

• 2023: NVIDIA saw slower revenue growth, but still generated $26.97 billion. Net income dropped sharply to $4.37 billion, reflecting challenges in the broader tech market and supply chain issues. However, the company maintained strong margins, with a gross margin of 56.93%.

• 2024 (forecast): NVIDIA has rebounded significantly, with projected revenues reaching $60.9 billion and net income skyrocketing to $29.76 billion, driven by the explosion of demand for AI computing, particularly its H100 GPUs, which are essential for AI and data center applications.

This massive growth reflects NVIDIA’s strategic position in emerging technologies such as AI, autonomous vehicles, and gaming  .

NVIDIA has had an impressive financial year, reflecting its growing dominance in AI and data center solutions. For Q2 2024, NVIDIA reported a record revenue of $30 billion, up 122% from the same quarter the previous year. This growth was driven by its Data Center segment, which alone brought in $26.3 billion in revenue, a significant jump fueled by the surging demand for AI computing  .

NVIDIA’s other business segments also performed well:

• Gaming contributed $2.49 billion, boosted by the continued success of the GeForce RTX 40 series.

• Professional Visualization and Automotive segments posted modest improvements, with $379 million and $253 million in revenue, respectively  .

On the stock side, NVIDIA has been a top performer, with its stock price soaring by over 239% in 2023, driven by its leadership in AI and GPU technology. This remarkable growth has attracted significant attention from both institutional and individual investors .

For detailed financial reports, stock history, and performance metrics, you can explore NVIDIA’s Investor Relations page .

Waymo, Alphabet’s self-driving technology subsidiary, leverages NVIDIA’s DRIVE platform for its autonomous vehicle systems. NVIDIA’s DRIVE Orin and the upcoming DRIVE Thor systems are central to powering high-performance computing for autonomous driving. These platforms allow vehicles to process massive amounts of sensor data in real-time and make complex driving decisions.

The NVIDIA DRIVE platform integrates artificial intelligence (AI) with advanced computing to provide autonomous driving solutions. These include processing data from cameras, lidar, and radar, while supporting over-the-air updates, which enable continuous improvement of the driving system without requiring hardware changes.

Waymo uses NVIDIA’s powerful AI computing capabilities to enhance the safety, efficiency, and scalability of its autonomous ride-hailing services (e.g., Waymo One) as well as its development efforts for autonomous trucks  .

Waymo, as part of Alphabet’s “Other Bets” division, is a key player in the autonomous vehicle space but has been operating at a financial loss. In Q2 2023, Alphabet reported that its “Other Bets” division, which includes Waymo, generated $285 million in revenue but incurred an operating loss of $813 million. This loss is, however, an improvement from Q2 2022, when the operating loss was over $1.34 billion. Over the last five years, “Other Bets” has generated about $3 billion in cumulative revenue but incurred $20 billion in operating losses, with Waymo contributing significantly to these figures  .

Alphabet recently committed an additional $5 billion to Waymo, indicating ongoing support despite financial challenges. This investment comes as Waymo pivots to focus more on its robotaxi business, scaling services in cities like San Francisco, Los Angeles, and Phoenix, while shutting down its trucking division, Waymo Via  .

Financially, Waymo remains a long-term bet for Alphabet, with analysts and investors hoping for more disciplined management to reduce losses. The decision to focus on scaling Waymo One, the robotaxi service, and possibly licensing its self-driving technology could offer new revenue streams in the future  .

For detailed financial reports and earnings statements, Alphabet publishes all relevant data on its ** **.

…

Waymo, as a subsidiary of Alphabet, falls under the “Other Bets” category in Alphabet’s financial reports. Here’s a breakdown of how the financials work for Waymo and its broader relationship within Alphabet:

1. Alphabet’s Financial Reporting:

• Alphabet breaks down its financial results into two main categories:

• Google Services: Includes Google Search, Ads, YouTube, and other core services.

• Google Cloud: Cloud services for businesses.

• Other Bets: This is where Waymo falls, along with other experimental projects like Verily (life sciences) and Wing (drone delivery).

2. Revenue of “Other Bets”:

• The “Other Bets” category, including Waymo, has relatively low revenue compared to Google’s core businesses.

• In recent years, “Other Bets” have generated around $1-2 billion in annual revenue, a small fraction compared to Google’s overall revenue, which is in the hundreds of billions.

• Most of the revenue in “Other Bets” is reinvested into further research, development, and scaling the businesses.

3. Expenses and Losses:

• “Other Bets” are generally not profitable yet. In fact, they often report operating losses because they are in the investment and growth phase.

• In 2023, “Other Bets” had an operating loss of approximately $6 billion annually. Waymo, as one of the biggest “Other Bets,” is a major contributor to these losses due to the high costs of developing autonomous driving technology.

4. Waymo’s Funding and Investment:

• In 2020, Waymo raised external funding for the first time, securing over $3 billion from outside investors like Silver Lake, Andreessen Horowitz, and the Canada Pension Plan Investment Board. This indicated that Alphabet was opening up Waymo to external financial participation while still maintaining significant ownership.

• Waymo’s development is capital-intensive, with major investments in research, testing, hardware, software, and fleet operations.

5. Waymo’s Valuation:

• As of 2023, Waymo’s estimated valuation is in the range of $30-50 billion, although this fluctuates based on investor sentiment and progress in the self-driving sector. This valuation is derived from the technology’s potential future value in autonomous transportation and logistics, rather than current profitability.

6. Revenue Sources for Waymo:

• Waymo One (ride-hailing): Currently operates in select cities like Phoenix, offering fully autonomous rides. Revenue here is modest as the service is still expanding.

• Waymo Via (trucking and logistics): A growing area of focus, Waymo aims to partner with logistics companies and deploy self-driving trucks.

• Licensing and Partnerships: Waymo also pursues partnerships with automakers and logistics firms, licensing its autonomous driving technology.

7. Profitability Outlook:

• Waymo is still in a pre-profit stage as of 2023-2024. While it’s making strides in commercialization, such as expanding its autonomous ride-hailing service and testing autonomous trucking, full-scale profitability is likely several years away.

• Alphabet continues to support Waymo with large financial backing, betting that its autonomous technology will eventually transform both personal and commercial transportation.

Overall, while Waymo doesn’t yet generate significant revenue or profit, it is a key long-term bet for Alphabet, supported by large financial investments aimed at leading the autonomous vehicle revolution.

….

Waymo operates under Alphabet Inc., which is the parent company of both Google and Waymo, among many other subsidiaries. Here’s a simplified breakdown of Alphabet’s corporate structure relevant to Waymo:

1. Alphabet Inc. (Parent Company)

• CEO: Sundar Pichai (also CEO of Google)

• Alphabet oversees various businesses, including Google and its “Other Bets,” such as Waymo.

2. Google LLC (Largest Subsidiary of Alphabet)

• Core Businesses: Search, YouTube, Ads, Cloud, Android, Chrome, Google Maps, etc.

• Google generates most of Alphabet’s revenue but operates separately from the “Other Bets” division.

3. Waymo (Subsidiary of Alphabet, under “Other Bets”)

• CEO: Dmitri Dolgov and Tekedra Mawakana (Co-CEOs as of recent updates)

• Focus: Autonomous driving technology and self-driving vehicles.

• Key Projects:

• Waymo One: The autonomous ride-hailing service, operational in certain cities.

• Waymo Via: Focuses on autonomous trucking and delivery services.

4. Other Bets (Alphabet’s Experimental and Emerging Companies)

• Waymo is part of the “Other Bets” segment, which includes other experimental and forward-looking ventures, such as:

• Verily (Life Sciences)

• Calico (Longevity and Health)

• Wing (Drone Delivery)

• Loon (Internet balloons, though now discontinued)

Reporting and Governance:

• Waymo and other “Other Bets” report their financial results separately from Google’s core businesses.

• Ruth Porat, as the CFO of Alphabet, oversees the financial performance of both Google and the “Other Bets.”

• Waymo and the other subsidiaries within “Other Bets” are designed to be more speculative and less focused on immediate profitability compared to Google.

In this structure, Waymo is autonomous in terms of operations but benefits from the shared resources and financial backing of Alphabet. The company has its leadership team but coordinates with Alphabet at a high strategic level.

….

Waymo is a subsidiary of Alphabet Inc., which is Google’s parent company. It was originally a project within Google and later spun off into a separate company in 2016, under the Alphabet umbrella. Waymo focuses on autonomous driving technology and is one of the leading companies in the field of self-driving cars.

While Google, through its parent Alphabet, still has a stake in Waymo, the two are distinct entities. Google handles search, advertising, and other services, while Waymo is dedicated to developing and commercializing autonomous vehicle technology.

When we think about risk, like financial risk or whatever… What do we really mean?

First, maybe the risk that something will go down? Therefore when we think about risk, it is simply a hedge against insecurity or fear or the fear that something is going to go down?

My simple thought is just think 30 years ahead; well the thing go up or down in 30 years? A simple way to judge risk.

Waymo, the autonomous vehicle division of Alphabet, is not explicitly powered by Nvidia hardware in all aspects, but it does integrate a variety of advanced technologies in its operations. Waymo’s self-driving system, known as the Waymo Driver, uses a sophisticated combination of cameras, lidar, radar, and external audio receivers to monitor its environment. Nvidia, being a leader in AI computing hardware, plays a significant role in the autonomous driving industry by providing GPUs for AI tasks such as perception, decision-making, and driving policy in many companies’ autonomous systems. However, Waymo designs much of its hardware and software in-house to optimize its systems for safety and cost-efficiency.

There have been general reports of Nvidia’s technology supporting companies in this space, but Waymo has emphasized its own internally developed systems as key to its success, particularly in handling various weather conditions and complex driving scenarios  .

Happy vlog

My muscles and body as a work of art?