Ryan Samadi retweeted
Goals are for people who care about winning once. Systems are for people who care about winning repeatedly.
Ryan Samadi retweeted
If the unrest in France is a reflection that aging populations and tightening fiscal constraints make it increasingly difficult for Western governments to meet their promises to and expectations of their citizens, then France is just the beginning.
Ryan Samadi retweeted
I'm increasingly partial to the argument that increases in the fed funds rate will do little to lower inflation, and may be counterproductive.
- AI investment is unlikely to slow because interest rates are slightly higher
- Energy is highly inelastic and rate changes can't alleviate the current supply shock
- Higher rates hurt supply-side solutions in housing, energy, autos, and other capital intensive industries
- Higher borrowing costs raise business operating expenses, some of which is passed along to consumers
- A large percentage of debt is fixed-rate, dampening the feedback loop but hurting new homeowners, small businesses, and investment
- An economy increasingly dominated by services is less sensitive to rate changes
- This century has repeatedly demonstrated how blunt interest rate policy can be, both in stimulating inflation when it's low and suppressing it when it's high
Ryan Samadi retweeted
The presumption that the Fed raising short-term rates reduces inflation is predicated on the belief that higher rates reduce demand and investment.
But what if higher rates don’t reduce demand and investment because the demand for intelligence and energy is unaffected by higher rates because winning the race for super intelligence has a near infinite ROI and the demand for compute will remain incalculable.
Why won’t higher rates at this unique moment in history therefore lead to more inflation as interest costs are embedded in everything?
And the problem is compounded as the more the Fed raises rates, the more inflation we will have and the more the Fed will need to raise rates further and so on.
But what if the old models don’t apply to the current paradigm and the Fed is wrong?
I think the Fed might have just made a mistake. Am I right or am I wrong?
Ryan Samadi retweeted
Sarbanes-Oxley : keeping the best companies private longer
::
Dodd-Frank : making Jane Street a shadow bank
Ryan Samadi retweeted
Perpetual futures’ unique funding mechanism and lack of expiry have made the product popular offshore, where limited regulations apply.
Under my chairmanship, the @CFTC is bringing perpetuals onshore under a robust regulatory framework.
More form my conversation on @CNBCFastMoney 👇
Ryan Samadi retweeted
@downloadaltx top spot 🚀🚀🚀
Ryan Samadi retweeted
@ycombinator Demo Day in the books, grateful to be part of such an amazing community of founders.
Ryan Samadi retweeted
Alt-X (@downloadaltx) builds AI agents that turn real estate deal documents into fully built underwriting models in Excel automatically, with every number cited back to the source.
Congrats on the launch, @SamadiRyan and Michael!
ycombinator.com/launches/PjC…
