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Now, I'm not a money scientist or anything, but I really feel as if Sam Bankman-Fried could have picked up a book or two on accounting or how to manage a balanc
by bena 4y ago
Now, I'm not a money scientist or anything, but I really feel as if Sam Bankman-Fried could have picked up a book or two on accounting or how to manage a balance sheet before proclaiming himself a money genius.
- bewaretheirs 4y agoUnfortunately nobody has distilled accounting into a series of six-paragraph blog posts. (see https://lithub.com/crypto-nerd-sam-bankman-fried-who-just-lost-16-billion-would-never-read-a-book/ https://lithub.com/crypto-nerd-sam-bankman-fried-who-just-lo...) “I’m very skeptical of books. I don’t want to say no book is ever worth reading, but I actually do believe something pretty close to that,” explains SBF. “I think, if you wrote a book, you fucked up, and it should have been a six-paragraph blog post.”
- baxtr 4y agoI think that’s a bullshit quote. He actually said it but I think he understood how to stir the pot: but being eccentric and controversial.
- whimsicalism 4y agoGuess he is saying his parents (both authors) fucked up in more than the obvious way.
- Scoundreller 4y agoAs someone that has probably read less than 10 fictional books in their life, I can see where he’s coming from. Like, I’m literate and basically read stuff all day. And I can get through a textbook as a part of a course, but force me to read a novel and by page 7 I’m falling asleep and losing track of the characters. I’m on the fence about borrowing/buying a book that was based on a podcast series because I fear 90% of what it covered was in the podcast.
- mem0r1 4y agoJust wondering how this guy finished his MIT Physics undergrad studies without reading a book ? LOL
- d11z 4y agoI believe that he said and thinks that way, but I can't quite put my finger on why I feel so convinced...
- cma 4y agoHe says in the Sequoia hagiography he never would read a book.
- bena 4y agoYes. Yes. That's the joke here. That the guy who decried traditional forms of communicating information and styled himself as some sort of nu-genius philanthropist was hoisted by his own petard. That if he had even a fraction of the intelligence he thought he had he would have realized that he didn't have nearly the knowledge needed to do what he claimed he would do. His books are a mess because he had no idea of how to organize them.
- swarnie 4y agoWhy waste the time? The scam clearly worked without all the effort.
- lazide 4y agoWhy do you think he would want to? If he didn’t want to be doing criminal things, he has plenty of means and opportunity to do them non-criminally.