Diego Marchetti (@diegodoesdo) header
Diego Marchetti (@diegodoesdo) profile picture
Melbourne
Joined March 2009
Photo by Diego Marchetti (@diegodoesdo)Photo by Diego Marchetti (@diegodoesdo)Photo by Diego Marchetti (@diegodoesdo)Photo by Diego Marchetti (@diegodoesdo)
Diego Marchetti retweeted
Might just be some volatility but where profitability goes employment and capex often follow.
NAB business survey a poor read, seems a bit volatile but conditions have turned negative as profitability collapses. Business confidence also falls in response.
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One foot in front on the other
I find that my life improves a lot when I shrink the time horizon. Instead of worrying about long-term goals, I just focus on the next hour. Do one thing that moves me forward. One closed loop. One workout. One hard conversation. One whatever. Thinking about how to build a successful life is daunting. How can you have a successful day? How can you win this hour? Do that. Then do it again. Momentum is a byproduct of movement.
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Diego Marchetti retweeted
Should you chase hype or ignore it? The tech industry has been debating this for decades. So at @Sequoia, we dug into 20 years of hype data. This summer, I worked with Sequoia intern @ochonaut to measure hype over the past 2 decades. The chart below ranks the most hyped topics on Hacker News for every year since 2007. Under each year sits the most valuable company founded that year. Here are a few observations: 1/ The top company founded in a given year is rarely related to the hype of that period. Airbnb was founded in 2008, when the top topic was Google. Uber arrived in 2009, while the conversation revolved around low-level programming. Anthropic came in 2021, while the internet was consumed by crypto. Chasing hype rarely leads to enduring outcomes. The top companies of recent years have yet to be decided. 2/ New trends announce themselves five to six years early. LLMs first cracked the top 15 in 2016 and took until 2022 to hit #1. AI coding entered at #12 in 2021 and tops the list in 2026. Crypto entered in 2011 before 2017 and 2021 peaks. “New” trends don’t appear out of nowhere, and internet subcommunities are often the first to know where the puck is headed. 3/ Long-term “hype” is a durable signal. The “Musk-Verse” has been a top 15 topic for every one of the past 14 years. Sustained attention on the internet is rare and tends to mark something real. Next up, we want to run the same analysis with sources like X and LinkedIn. If that's of interest, give us some encouragement and we'll share the results.
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Diego Marchetti retweeted
All truly great thoughts are conceived while walking. - Friedrich Nietzsche
>feel uncreative >go on 2 hour walk without phone >become creative genius works every time
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Diego Marchetti retweeted
Intelligence is the ability to rewire your brain faster. It is not about knowing more.
The smartest people I know are willing to change their minds when presented with new evidence.
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Diego Marchetti retweeted
Always remember, failure is part of success.
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Diego Marchetti retweeted
Australia should be rolling out a red carpet for capital investment, Labor has chosen to strangling it with red tape instead. Diabolically bad policy!
Both @AlboMP & @JEChalmers’s fix for the capital gains tax for start ups: 7 new gates. A company age limit, a turnover cap, a subjective innovation test, a five-year holding cliff, a lifetime cap. Founders asked for one thing, leave start-up equity alone. Don't patch the #CGT hike, scrap it @JEChalmers @AlboMP
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Diego Marchetti retweeted
The disgraceful Labor Govts can virtue signal all they like, the facts are coming in. They have to go. Election now.
The Australian economy is cactus It's just a voter importation machine blowing a housing bubble that's maxed out household debt The implosion is going to be catastrophic
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Diego Marchetti retweeted
what a privilege it is to be able to wake up and try again
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Diego Marchetti retweeted
Still a top tier advert. Admit it.
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Diego Marchetti retweeted
Tolstoy’s advice to achieve a long term goal:
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Diego Marchetti retweeted
That eureka moment when it hits.
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Diego Marchetti retweeted
Real talk.
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Diego Marchetti retweeted
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Diego Marchetti retweeted
Why is calculus not introduced this way in schools?
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Australia should be a close second but our government is too worried about killing light in the hearts of local entrepreneurs, and encouraging entrepreneurs that come to become employees focused on buying and investing in an overpriced home.
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Diego Marchetti retweeted
Jeff Bezos: Stress comes from not taking action
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Diego Marchetti retweeted
🧠 Warren Buffett: “Hayatta istediğim her şeye sahibim.” “Bir yerine on evim olabilirdi. Daha mutlu olur muydum? Asla. İki yerine on arabam olabilirdi. Daha mutlu olmazdım. Bu beni çıldırtırdı.” ↓ “400 metrelik bir yatım olabilirdi. Ama o zaman onlarca kişilik mürettebatı yönetmek zorunda kalırdım. Bazıları benden çalardı. Bazıları birbiriyle kavga ederdi. Kim bilir daha neler olurdu? Gemi kaptanı olmak isteseydim başka bir mesleğe girerdim.” ↓ İnsanlar zenginliğin daha fazla şeye sahip olmak olduğunu düşünüyor. Oysa gerçek zenginlik; İstemediğin şeyleri satın almak zorunda olmamak, İstemediğin insanlarla çalışmak zorunda olmamak, Ve zamanını istediğin gibi kullanabilmektir. Finansal özgürlüğün özü budur. (Charlie Rose, 2009)
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Diego Marchetti retweeted
lowkey this goes insanely hard and is my new favorite motto
"You're allowed to think about the worst case scenario, but you gotta do something about it"
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Diego Marchetti retweeted
Every man should read this quote: Friedrich Nietzsche (1895)
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