The length of her career in such a competitive sport is really impressive. She's legitimately old enough to be Alcaraz's mother! I wish I could defy aging like that. This will be cool to see!

So glad I over invested on RAM to play around with llm models early. It's all crazy expensive now. I use Ubuntu mostly, and occasionally Debian.

So that's what happened to my channel with Predyx! I did notice it was suddenly very short on liquidity.

"Miss Campbell, you must work on your Jedi mind tricks! Do it like this:..."

Oh my God, I'm dying.

According to SIFMA:

YTD 2026 statistics include:

• Trading (through July) $1,209.1 billion ADV, +12.1% Y/Y
• Outstanding (as of July) $31.5 trillion, +8.6% Y/Y

So $4B is about 2% of the monthly volume. I think Bessent's gonna need deeper pockets.

Isn't the size of the 30Y treasury market roughly $30T? I'm having trouble seeing how a $4B buyback operation will be all that impactful. Is it just to signal that the treasury is willing to intervene or is there something I'm missing?

It's impressive that we've finally gotten off zero, but I wouldn't call 2.4% a "real" return. Personally, I use ~6% for my inflation estimates. I find this is more in line with broad money supply growth, from which everything else gets priced. Sure, some products/services/commodities increase at much less than this rate, but elsewhere - where there's real scarcity - that deficit is often made up (desirable real estate, education, healthcare, etc.)

I find it wild that there are people and institutions out there willing to lock into a 30 year term for only 4.7%.

The whole thing was fantastic and very educational. Thanks for sharing!

I wrote a short speech for my parents' 50th anniversary party yesterday. I didn't think much of it at the time, but it moved a few people to tears and I got several compliments afterward. I could tell my parents were really touched. I'm so glad I took the time to prepare something - a bit of my brainpower well spent.

Yes, it's named for his min-cost-flow research! Rene generally knows best.

The end of an era! I'm going to miss TAB Conf - you all really set the bar for what a technical bitcoin conference can be. I've met so many great people and friends there over the years. Thanks for all your dedication and making them them happen.

That's rough. It sounds like this particular college in Ohio never adapted to the changing conditions after covid and the administration buried their heads in the sand until it was too late.

It also makes me wonder what the end result of an endowment really is. My own alma mater has an endowment of only ~$30K per student, which is pretty tiny. And yet tuition is still reasonable, the class sizes are small and research opportunities for students and faculty are abundant. Does a large endowment just mean more money spent on sports and administration overhead? (My college had no sports scholarships - we barely had any sports.)

Much like regulating your emotions with meditation practice, being quick to anger doesn't make you a good or bad person imo, just more impulsive seeming in this case. I would feel bad projecting my totally unregulated emotion on people I care about, but I also view my thoughtful regulation as part of what makes me who I am. Incidentally, I'd generally rather stay quiet than put out unneeded negative energy.

I've found I quite often have thoughts that spring to mind unbidden - I think that's just how our brains work. Sometimes they make me laugh inside and others are things that I would hate to broadcast. Being able to soundly reject the worst of my base impulses before subjecting them to the rest of the world is kind of important. I wouldn't want to give that up, but at the same time just being a hot head doesn't make one a bad person.

I don't curse much - mostly because I don't find it as expressive as other options most of the time. I think a well placed curse word from time to time is impactful though, and I wouldn't necessarily refrain from using one in front of my kid. Now that he's a teenager, I actually wish he would curse more. His generation has a bizarre fetish for puritanism.

That's really impressive. We could stand to learn a thing or two in the US from Finnish schools. I think a major issue is that teaching is not a respected profession currently. Having tried to teach grade school aged kids even briefly though, I can confidently say it's a whole different skillset than engineering and should probably warrant at least as much professional respect given how impactful it can be on the next generation.

Now we get to see selectorate theory in action.

Glad you're involved in this Mike. Appreciate all your efforts in coordination and technical communication. I know we like to keep development decentralized, but given the stakes, I think a bit of a coordinated effort on the quantum front is a worthwhile response. Best of luck!

That's awesome. Lyn is insightful on a number of topics, so I'm glad that she's broken into the mainstream. I remember when Yahoo finance and CNBC started covering bitcoin regularly and how strange that felt. With more economists like Lyn around, it will just seem like second nature to the next generation when they start to follow economic news.

Congrats on the new kitten!

I have a neutered cat that basically adopted us as a kitten. He comes and goes as he pleases because it didn't feel right to me to lock him up inside. In the summer he's mostly an outdoor cat and in the winter he hangs out inside a lot more.

He's incredibly good natured to people - most of the neighbors know him and I know he hangs out in their homes sometimes. But he also scraps with the local cats constantly. I wish he were a little less territorial. He's 10 now he stays at a healthy weight all on his own just from getting out and about. No regrets about getting him neutered.

If you have a new kitten, you should have a few months before you need to make the decision.

Getting closer every day.