Tesla IPO'd at 1.7B and is worth 1.4T today. Giving you the benefit of doubt since it would be closer to a 1000x gain rather than the 100x gain that you didn't buy right at IPO, I will point out that there's a world's difference buying in at 1.7B, because there's still room for the stock to 1000x, but there's not much gain to be had buying in at 1.7T valuation.

Even the most highly company in the world Nvidia is less than 3x that valuation, so it's not a good comparison with Tesla's IPO.

That article also has its own rebuttal on statistical grounds. See https://www.theargumentmag.com/p/we-absolutely-do-know-that-...

Direct indexing will soon be able to provide that functionality of giving you S&P 500 stocks minus A, B and C companies you don't want to hold. However, cheap and reliable direct indexing brokerages aren't out there yet. Hopefully more competitors show up and help lower the prices for everyone.

This reminded me of those booths they have at company holiday parties where they take a photo of you, convert it to a line drawing and have the robot draw it out for you to keep. Very cool hack!

I had this same feeling. Same with reading a biography of Kurt Vonnegut. Before reading it, I thought of them in idealistic ways. They had multiple affairs and weren't such great people, even though they both wrote really, really well.

Yup, that's the kind of thing I have in mind.

Even with the sub-heading "It's legal, and that's the problem."*, and even though this kind of cheating is broader than this reply chain from "There is no such thing as too big to fail in China", this is absolutely within bounds for what I asked for :)

* and the not-proof-read AI generated image, that never helps…

+1 The long gap between 2016 when the original article was written in Chinese and 2025, the fact that the Substack article does not cite the original Zhihu article (until someone other than OP linked it in this thread), not linking previously English translations of this article, and the financial incentive of the LLM-translated article being on Substack make OP's claim of authorship of the Chinese article very sus.

The first comment can answer your question, go and check whether I am OP https://www.zhihu.com/people/yan-mou-ren-63/posts

Thanks for the info! I don't have a Zhihu account to check myself, but I believe you.

I think it would be helpful to dispel any confusion if you added somewhere on the Substack post (e.g. at the bottom) the above message you are the author of the Zhihu post.

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You can't finish your comment without sharing some of your favourite recipes =P

Practically anything you can find online videos for are better than their counterparts from low end restaurants. I have a lot of favs, but most are regional dishes that are not very well known internationally. Pastas are an exception. Cakes too taste a whole lot different and much richer when you do it.

Bogleheads [1] gives better financial advice than HN. Every time I peruse some threads there, I learn something new about personal finance I didn't know about.

[1] www.bogleheads.org/forum

My read of "pre-2016 playbook" was referring to someone using a traditional campaign like Hillary (rather than Trump using his pre-2016 strategy), and that they were saying Trump changed the entire game in 2016 so that shameless strategies would be the winning strategy going forward. So I don't see a contradiction.