Forget the value investing stuff (which maybe doesn’t work like it used to anyway). Emphasizing integrity, trustworthiness, the long-term, optimism, simplicity — these are all values I hope endure in America for centuries, and he made them much more accessible and intertwined with success.

I wonder how much of this is that the regionals have regulars and the larger guys like $CZR & $MGM depend more on travel.

I really thought it would take longer before we got back to “Community Adjusted EBITDA,” but here we are…

Am I the only one who read Dunning here as Dunning-Kruger?

I mean, still got time on that four year clock…

There’s going to be more informed, high-quality news and opinion than ever, but it’ll be behind paywalls and cater to college grads who want accurate information and won’t shape the discourse as much as emotional algo bait.

In the early-mid 2000’s there were no tech jobs, most of the jobs were in the Boomer/GWB scam economy (subprime/housing/etc), the food was bad, then the economy crashed and the only jobs were for Ivy grads and comp sci majors in 6 cities. And the consumer tech frontier was gchat.

Like, QR code payment isn’t going to have the same trajectory when you have a credit card and mobile phone NFC system working great.

In fact, QR code payments only developed as the “alternative history” where you don’t have huge credit card penetration and can’t access/use the NFC API.

Came here to say exactly this. It’s not just that X is a bad starting position from which to launch a super app — it’s that there’s some path dependency in how things developed ex-China, and there’s very little shot of replacing an already existing and well functioning ecosystem.