Tetragrammaton.

Tetracketam.

I was a Wall Street analyst first, and I came at Silicon Valley from having studied

investing and studied public markets and respecting the elders of Warren Buffett or Howard

Marks. And if you read all of that, there's a, there's a

conservatism that gets built into you that isn't just, hey, let's go win. You know, let's just go

take the hill. And so I found through my years of practice that I'm more uncomfortable in

bubbles than dark days. In dark days, I'm

very calm. And the job's easy to practice. Yeah. And people listen. The rules get turned so

upside down in the bubble that the way you win is by being more careless, which reinforces

the whole thing.

And it gets uncomfortable.

What does an analyst actually do?

Technically, what is the job?

On Wall Street?

Yeah.

It's changed over the years.

But the sell side analysts, they call them that because they work for the bank that's

selling stocks versus a hedge fund that's buying stocks.

You would follow an industry.

So you would go visit companies and write up a report and build out a business model and

suggest to your clients that they should buy, sell, or hold that company.

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