Michael Mayer

People buy the house based on the payment they can afford. Don't believe wisdom from those who've only witnessed long term rate declines.

Constant partisan fighting creates a two-sided narrative that hides the real problem in American politics: the two parties themselves.

In the beginning of the industrial revolution value was created by mechanics, in the end by businessmen. This will happen with the internet.

Identifying as a contrarian is dangerous. You risk holding opposing views for their own sake. Better to strive to think independently.

Your bullishness should equal the difference between your skepticism and market skepticism. No skepticism indicates insufficient reflection.

"One of history’s few iron laws is that luxuries tend to become necessities and to spawn new obligations." (Sapiens)

Money is a formal token of delayed reciprocal altruism. — Richard Dawkins

The idea that empowerment comes from external sources robs the individual of agency, and is therefore fundamentally disempowering.

New eras are built just as often by co-opting the structures of previous eras as by subverting them.

"Please validate that you are human by submitting proof-of-pain."

The first indication of a real general AI breakthrough will be when online communities get overrun by impossible-to-detect bots.

If you stress but don't recover, you break down. If you recover without stress you languish.

Stress, recover, repeat.

Chess is a poor metaphor for life. In reality, your tempo and your adversary's are never the same.

Aging is a blessing. The more time passes from the start of a race, the less the head-start others got matters.

Good counterpoint that proves my point. Under this definition, all assets with no dividends are bubbles. Not a useful framework.https://twitter.com/deabrunner/status/868133712541741060 …

Bubble: when financial value rises above intrinsic value. Crypto assets (for now) are purely financial value. Bubble is wrong framework.

People manage their diets through subtraction (ex: low carb) but try to manage their informational diets through addition.

Not every steep increase is followed by a crash. Not every crash is followed by a recovery.

There aren't actually spaces between spoken words. Your brain inserts them.