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Rune Bekken

@Borrowbrains

utflytter, ektemann, far, og forsker. twitterer på fritiden.

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Rune Bekken Reposted

I spent $250,000 in China and laughed in disbelief. Why do people hate Chinese manufacturing so much? I constructed a new 15k factory floor; US cost would be $1,000,000. Chinese work day and night, like me. Do the math. You can't avoid China. 1) The US has no supply chain like…


Rune Bekken Reposted

If I give you $1,000,000 of my cash today could you 10x it in 10 years? Very few of you would know where to begin. $100 or $1,000 today, you'd have ideas to 10x it in a few years. $1,000,000,000 cash, you? No idea. Not even the first move. "I'd invest it in...." Shush. I'm…


Rune Bekken Reposted

1. The compounding of returns is an incredible miracle of finance and human existence On top of capital compounding, Flatt believes in personal compounding: "Everything you learn is additive, and if you keep at it day after day, you too shall realize a miracle"


Rune Bekken Reposted

Morgan Stanley made a solid attempt at quantifying $GOOGL costs for its Chatbot, and came up with a $6bn hit to EBIT as a base case, if 50% of queries have an LLM (Large Language Model) query which requires a 50 word response. Their math, assumptions and sensitivities below:

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