Patrick McKenzie

@patio11

I work for the Internet, at , mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
Vrijeme pridruživanja: veljača 2009.

Medijski sadržaj

  1. 3. velj

    I like this social proof (from M1 Finance, a discount brokerage) that the promotion they are emailing about frequently has seen good uptake from other users:

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  2. 29. sij
    Odgovor korisniku/ci

    Among many, many, many other times this claim was made: Why Bitcoin Matters, Marc Andreessen in the New York Times, January 21st 2014

  3. 29. sij
    Odgovor korisnicima

    Mastercard explains it on their Youtube channel for payments professionals:

  4. 27. sij

    Example: this anecdote is a) widely replicable at many high-status organizations, b) indicative of a strategy you can actually use, and c) absolutely crazymaking for me.

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  5. 24. sij

    It is *fascinating* to me that, having had the idea that they could do this with a computer, the WSJ would go through on doing it.

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  6. 24. sij

    To a first approximation, Matt is probably right with respect to claims that sophisticated financial firms understand option value and exercise it close to optimally. Consumers largely do not.

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  7. 21. sij

    One more of Mt. Fuji. Apologies; my skill with a camera not doing it justice.

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  8. 21. sij

    Tokyo having another very pretty sunset today.

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  9. 20. sij
    Odgovor korisniku/ci
  10. 17. sij

    Chase Sapphire Reserve bumping annual fee by $100 a year. Interestingly, balancing it with promotions from Doordash and Lyft.

  11. 15. sij

    Working from home when Internet connection is unreliable.

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  12. 14. sij

    Incidentally, I think I read this for the first time in something like 2009, and it might have been the most important two sentences I read in my life. (You can reasonably assume my goal wasn't "getting rich" per se but it generalizes to a lot of goals.)

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  13. 6. sij

    Tokyo looking particularly pretty today.

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  14. 2. sij

    There should be a word for the phenomenon where, for 50 readers out of 100,000, an otherwise unremarkable sentence gets the reaction "Wowza, shots fired."

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  15. 2. sij

    Vanguard joining the free trading bandwagon was pretty inevitable once the Schwab domino fell. I appreciate Vanguard mentioning this angle, which is often undercovered in financial services.

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  16. 19. pro 2019.
    Odgovor korisniku/ci

    Yep! Helps keep me humble, too, since every call I've ever gotten wrong gets preserved in amber.

  17. 19. pro 2019.

    A conveniently citable moment of me making this argument, 10 years ago, though I think I've been saying it since about 2000:

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  18. 17. pro 2019.
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  19. 15. pro 2019.

    And believe me the first time you see the stats on error rates it is a very this meme moment:

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  20. 30. stu 2019.

    Cool Uber-for-X from Japan, which would seem to be a really really tough business:

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