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a_yawning_cat's profile
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@a_yawning_cat

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@a_yawning_cat

stray thoughts, loosely held. rat jaeger.

California, USA
aycat.substack.com
Joined December 2018

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    1. Daemonic‏ @daemonhugger Mar 12

      What's the biggest obstacle to earning more?

      7 replies 0 retweets 8 likes
       🐈‏ @a_yawning_cat Mar 12
      Replying to @daemonhugger

      being envious instead of being greedy

      3:24 PM - 12 Mar 2021
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Daemonic‏ @daemonhugger Mar 12
          Replying to @a_yawning_cat

          can you say more about the distinction? what does greedy mean to you?

          1 reply 0 retweets 2 likes
        2.  🐈‏ @a_yawning_cat Mar 12
          Replying to @daemonhugger

           🐈 Retweeted  🐈

          inspired by: https://twitter.com/a_yawning_cat/status/1362677135291207680?s=20 … envy compares with others while greed is possible in a vacuum. (as words, they blur a bit into each other in common usage)

           🐈 added,

           🐈 @a_yawning_cat
          "My Big Idea (one that is new, true and important) is that risk is generally not related to expected return because people are more envious than greedy, so there's no risk premium that comes out of the convexity of a utility function." http://falkenblog.blogspot.com/p/about-me.html  (h/t @falseworkidol)
          1 reply 0 retweets 1 like
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