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Alephwyr's profile
The Legendary Dragon Alephwyr, named Alephwyr, BA
The Legendary Dragon Alephwyr, named Alephwyr, BA
The Legendary Dragon Alephwyr, named Alephwyr, BA
@Alephwyr

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The Legendary Dragon Alephwyr, named Alephwyr, BA

@Alephwyr

Dragon of Chaos. Restore the dragonsphere: (Transhumanist dragonkin simulationist archipelago/patchwork) http://patreon.com/alephwyr , https://alephwyr.substack.com/ 

Internet
dancefighterredux.wordpress.com
Joined July 2009

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    1. William Gillis  🏴‏ @rechelon 26 Oct 2020

      William Gillis  🏴 Retweeted Anarchia!  🏴‍☠️ 🦜

      Rich people are disconnected from the shopfloor & wider conditions, their wealth creates knowledge problems. They also have far less experience hustling/calculating. They make like two or three market calculations a day, whereas poor people *constantly* evaluate tradeoffs.https://twitter.com/ThCollierPerles/status/1320854994816536577 …

      William Gillis  🏴 added,

      Anarchia!  🏴‍☠️ 🦜 @ThCollierPerles
      I’ve met quite a few rich people. Yeah they’re not smart. https://twitter.com/anarchopac/status/1320854440749027329 …
      3 replies 8 retweets 55 likes
      Show this thread
    2. William Gillis  🏴‏ @rechelon 26 Oct 2020

      This is not to valorize poverty, being FORCED to constantly make market calculations about pennies is not a good thing. But poor people are generally smarter market actors than rich people. A hustler in the projects is generally a far sharper entrepreneur than a VC.

      3 replies 1 retweet 38 likes
      Show this thread
    3. William Gillis  🏴‏ @rechelon 26 Oct 2020

      Anyway, I have some economic stability these days, and it has made me a far less sharp economic actor since I'm not forced to constantly stress comparing marginal benefits and opportunity costs down to pennies. But it has allowed me to focus my mind on other projects.

      2 replies 1 retweet 23 likes
      Show this thread
    4. The Legendary Dragon Alephwyr, named Alephwyr, BA‏ @Alephwyr 26 Oct 2020
      Replying to @rechelon

      Different types of calculation. "Smart money", largely but not entirely synonymous with "big money", is about risk avoidance. So you avoid 99.9% of decisions. Managing poverty is about choosing the best option from a series of bad available options, or manipulating the action.

      1 reply 0 retweets 0 likes
    5. The Legendary Dragon Alephwyr, named Alephwyr, BA‏ @Alephwyr 26 Oct 2020
      Replying to @Alephwyr @rechelon

      This is sort of like saying poker nits are stupid because they don't go out on a limb chasing marginal advantages over the dummies at the table like the LAGs do.

      1 reply 0 retweets 0 likes
      The Legendary Dragon Alephwyr, named Alephwyr, BA‏ @Alephwyr 26 Oct 2020
      Replying to @Alephwyr @rechelon

      At a certain level of pressure/competition/risk, the way people play the game destroys the opportunities that exist closer to the ground. If you're at a table of entirely nits and tags, you'll never get to use all your fancy LAG tricks because nobody will call loose preflop.

      3:55 PM - 26 Oct 2020
      0 replies 0 retweets 0 likes

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