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SBF @SBF_FTX
RT @crosbyventures: Talk about dream collab. š¤ We're launching with @FTX_Official on @tradingview! Low latency, low cost, high-performancā¦ — PolitiTweet.org
SBF @SBF_FTX
I'll be there! https://t.co/fcafSBec4U https://t.co/NW0LAmAE1G — PolitiTweet.org
Storybook Brawl @StorybookBrawl
We've got a special guest for tomorrow's dev stream: @SBF_FTX! Sam will be joining @lsv and @MatthewLNass for anā¦ https://t.co/F71t9kkrng
SBF @SBF_FTX
RT @StorybookBrawl: We've got a special guest for tomorrow's dev stream: @SBF_FTX! Sam will be joining @lsv and @MatthewLNass for an AMAā¦ — PolitiTweet.org
SBF @SBF_FTX
@TheStalwart agreed — PolitiTweet.org
SBF @SBF_FTX
@TheStalwart Deliverability of $ is an issue, especially with private companies, given lack of liquid assets — PolitiTweet.org
SBF @SBF_FTX
š§ https://t.co/A5Hbp4nDhp — PolitiTweet.org
Frank Chaparro @fintechfrank
Stoked for FTX SALT conference in the Bahamas at the end of next month https://t.co/sey5IMUcXs
SBF @SBF_FTX
FWIW I think this would be appropriate, whether it comes (ideally) via federal funding, or otherwise via the digitaā¦ https://t.co/f83YqgmTO3 — PolitiTweet.org
SBF @SBF_FTX
RT @tradingview: Guess what? @FTX_Official is now live on TradingView! š„³ Plan trades, place orders, and manage your FTX account right fromā¦ — PolitiTweet.org
SBF @SBF_FTX
https://t.co/IAmZbImuPR — PolitiTweet.org
SBF @SBF_FTX
RT @ProjectSerum: Let it burnš„ Let it burnš„ Gotta let it burnš„ This week, 231,210.59 $SRM was burnedš„. Thatās $676,522.2 at the current prā¦ — PolitiTweet.org
SBF @SBF_FTX
19) The flipside of overfit, irrelevant data: fermi estimates. Trying to estimate quantitative factors without knoā¦ https://t.co/Lvz3c6uuFc — PolitiTweet.org
SBF @SBF_FTX
18) But aimlessly generating data just distracts. It's also very similar to a trap that some interview candidatesā¦ https://t.co/O9UXDes9U5 — PolitiTweet.org
SBF @SBF_FTX
17) If you've thought hard about a decision you have to make and think you really understand the various factors, aā¦ https://t.co/WiMe926Sir — PolitiTweet.org
SBF @SBF_FTX
16) And this is a failure mode that a _lot_ of people fall into. The vast majority of statistics that I see quotedā¦ https://t.co/k2l5ypY8mK — PolitiTweet.org
SBF @SBF_FTX
15) And as our world becomes richer and richer in data--and as it becomes more commonplace to use it and cite it--iā¦ https://t.co/RIvScPVKZe — PolitiTweet.org
SBF @SBF_FTX
14) But if you do a mediocre job of using data, it just adds noise which distracts you from your baseline reasonablā¦ https://t.co/NryS6u6JcY — PolitiTweet.org
SBF @SBF_FTX
13) And in this case, a simple gut check might have made Zed realize that _obviously_ superbowl ads have large impaā¦ https://t.co/US2sGMNL85 — PolitiTweet.org
SBF @SBF_FTX
12) And how about Zed? Well, what, in the end, is an impression? One of the important properties about superbowlā¦ https://t.co/zGM1Z9srHp — PolitiTweet.org
SBF @SBF_FTX
11) Yes, there is a positive correlation between having 10k employees and being successful: You can only hire 10kā¦ https://t.co/55PxzeIf5y — PolitiTweet.org
SBF @SBF_FTX
10) Bob probably would have been better just saying "let's build the business that seems the best" and ignoring valā¦ https://t.co/x8KP9J93YP — PolitiTweet.org
SBF @SBF_FTX
9) In Bob's case, his data is technically correct! But there are two core issues: a) his revenue might not be theā¦ https://t.co/P98w2Ppn5u — PolitiTweet.org
SBF @SBF_FTX
8) The key insight: you're not choosing between looking at statistics or acing randomly. You have a prior coming iā¦ https://t.co/ihrnoHUCCY — PolitiTweet.org
SBF @SBF_FTX
7) Each of these scenarios are a bit different, and I don't necessarily know what the right answer is in all of theā¦ https://t.co/JOWUxhvNqa — PolitiTweet.org
SBF @SBF_FTX
6) c) Zed is trying to decide whether to do a superbowl commercial, or a Facebook ad. They look at impressions peā¦ https://t.co/nDPzl8MHBW — PolitiTweet.org
SBF @SBF_FTX
5) b) Alice is at a VC firm. She does a study of the correlation between employee count and market cap for theirā¦ https://t.co/rAurkgSuZ3 — PolitiTweet.org
SBF @SBF_FTX
4) Some examples: a) Bob is running a consumer fintech company. He studies the multiples of exchange fees and B2Bā¦ https://t.co/prJIMCLZke — PolitiTweet.org
SBF @SBF_FTX
3) But the truth is that I think most people misuse, and overuse, statistics. So much so, that many people would bā¦ https://t.co/v60V9amFlb — PolitiTweet.org
SBF @SBF_FTX
2) I went to MIT, became a quant trader, and then a fintech founder. Outside of work, I'm an Effective Altruist: wā¦ https://t.co/T5Fun0PvIQ — PolitiTweet.org
SBF @SBF_FTX
1) Lies, Damned Lies, and Statistics: My uneasy relationship with data — PolitiTweet.org
SBF @SBF_FTX
@NathanpmYoung @RegisKillbin @Kripparrian @StorybookBrawl (shameless plug!) — PolitiTweet.org
