Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
It was like a fantastical version of their old jobs, a new financial system with all the bits of the old system that they liked, none of the bits they disliked, and some new bits that they dreamed up because they thought they might be cool.
We've detected unusual activity from your computer network
Bloomberg
A bill of materials or BOM is a list of the raw components that go into a product. Most electronics projects, especially serious ones, will have a detailed BOM that describes the item and price that it goes for.
Often the final cost of the BOM will be much lower than the retail price because of the cost of shipping, R&D, profit margin, etc. Small changes in BOM price can have a big impact on the final cost of an item. It’s not uncommon to switch vendors or parts to save just cents on the BOM.
One trick I use is that multiplying the BOM cost by 4 will often get you the retail price.
Taking Over a Dead IoT Company
Kevin Chung
Regulators then heard the numbers, did a bit of modeling in Excel, and then went into wartime execution mode. Regulators have, of course, not declared this war, because it is a war on the public’s perception of reality, and to declare war is to surrender.
Banking in Very Uncertain Times
Patrick McKenzie (patio11)
...catch up on these, and many more highlights
Readwise