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← A statistically significant change is not the same as an important…
17 connected korrents · 14 moments on record from 11 Jan 2021 to 3 Sept 2026.
Everything filed under benchmarks
benchmarks
Everything filed under stock market
stock market
Everything filed under value investing
value investing
Everything filed under America
America
Everything filed under demographics
demographics Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: A statistically significant change is not the same as an important one, and survey data cannot tell you which it is. A statistically significant change is not the same as an important one, and survey data cannot tell you which it is. Last stated 5 months ago
28 Mar 2026
RB
Ryan Burge — holds since 2026-03-28 — tap for who they are
Same subject: How people feel about an economy is what actually matters, and no set of statistics will persuade someone who feels they are losing that they are winning. — tap to centre the map on it How people feel about an economy is what actually matters, and no set of statistics will persuade someone who feels they are losing that they are winning. Last stated 2 years ago
19 Jan 2025
JB
Jennifer Burns — holds since 2025-01-19 — tap for who they are
Same subject: A rising share of statistically insignificant experiments is the signal that a team has exploited an area too far and should go back to exploring. — tap to centre the map on it A rising share of statistically insignificant experiments is the signal that a team has exploited an area too far and should go back to exploring. Last stated 11 months ago
5 Oct 2025
AC
Albert Cheng — holds since 2025-10-05 — tap for who they are
Same subject: The value-versus-growth distinction does not serve investors well in a fast-changing world. — tap to centre the map on it The value-versus-growth distinction does not serve investors well in a fast-changing world. Last stated 6 years ago
11 Jan 2021
HM
Howard Marks — holds since 2021-01-11 — tap for who they are
Same subject: When a benchmark disagrees with what people actually adopt, what it is telling you is that the thing it measures does not matter. — tap to centre the map on it When a benchmark disagrees with what people actually adopt, what it is telling you is that the thing it measures does not matter. Last stated 5 days ago
3 Sept 2026
DR
Dax Raad — holds since 2026-09-03 — tap for who they are
Same subject: Numbers offer a false precision: which metrics you choose to look at, and whether a five percent rise is good, are both art rather than science. — tap to centre the map on it Numbers offer a false precision: which metrics you choose to look at, and whether a five percent rise is good, are both art rather than science. Last stated 12 months ago
21 Sept 2025
JZ
Julie Zhuo — holds since 2025-09-21 — tap for who they are
Same subject: The growth of the religiously unaffiliated in America has stopped and gone into reverse. — tap to centre the map on it The growth of the religiously unaffiliated in America has stopped and gone into reverse. Last stated 5 months ago
28 Mar 2026
RB
Ryan Burge — holds since 2026-03-28 — tap for who they are
Same subject: Large replication projects answer the wrong question, because most individual studies do not matter either way. — tap to centre the map on it Large replication projects answer the wrong question, because most individual studies do not matter either way. Last stated 3 years ago
11 Apr 2023
AM
Adam Mastroianni — holds since 2023-04-11 — tap for who they are
Same subject: Calling the fall in birth rates a mystery is not humility but obscurantism: there is already a good causal account of it. — tap to centre the map on it Calling the fall in birth rates a mystery is not humility but obscurantism: there is already a good causal account of it. Last stated 3 weeks ago
20 Aug 2026
LS
Lyman Stone — holds since 2026-08-20 — tap for who they are
Same subject: A benchmark result should be reported under a stated budget, or as a curve against test-time compute — never as a single number. — tap to centre the map on it A benchmark result should be reported under a stated budget, or as a curve against test-time compute — never as a single number. Last stated 2 months ago
26 Jun 2026
NB
Noam Brown — holds since 2026-06-26 — tap for who they are
Same subject: A benchmark that ranks Claude Code last while it stays first in use is measuring the wrong thing, and has been for a year. — tap to centre the map on it A benchmark that ranks Claude Code last while it stays first in use is measuring the wrong thing, and has been for a year. Last stated 5 days ago
3 Sept 2026
DR
Dax Raad — holds since 2026-09-03 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 5 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: A portfolio you cannot hold through an ordinary market cycle is not a portfolio but a bet. — tap to centre the map on it A portfolio you cannot hold through an ordinary market cycle is not a portfolio but a bet. Last stated 2 weeks ago
25 Aug 2026
NM
Nick Maggiulli — holds since 2026-08-25 — tap for who they are
Same subject: Readily measurable indicators of cheapness are no longer sufficient on their own to produce a sustainable investing edge. — tap to centre the map on it Readily measurable indicators of cheapness are no longer sufficient on their own to produce a sustainable investing edge. Last stated 6 years ago
11 Jan 2021
HM
Howard Marks — holds since 2021-01-11 — tap for who they are
Same subject: The S&P 500’s price-to-sales ratio no longer signals what it once did, because today’s companies earn higher margins. — tap to centre the map on it The S&P 500’s price-to-sales ratio no longer signals what it once did, because today’s companies earn higher margins. Last stated 2 weeks ago
25 Aug 2026
NM
Nick Maggiulli — holds since 2026-08-25 — tap for who they are
Same subject: Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. — tap to centre the map on it Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. Last stated a year ago
18 Aug 2025
BT
Bret Taylor — holds since 2025-08-18 — tap for who they are
Same subject: Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund. — tap to centre the map on it Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund. Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: An investor's starting point should be the portfolio that is best to hold independent of any tactical market view — tap to centre the map on it An investor's starting point should be the portfolio that is best to hold independent of any tactical market view Last stated 2 weeks ago
25 Aug 2026
RD
Ray Dalio — holds since 2026-02-19 — tap for who they are
NM
Nick Maggiulli — holds since 2026-08-25 — tap for who they are
At the centre
A statistically significant change is not the same as an important one, and survey data cannot tell you which it is.
Holds RB Ryan BurgeRead this korrent →
How people feel about an economy is what actually matters, and no set of statistics will persuade someone who feels they are losing that they are winning.
Holds JB Jennifer Burns
A rising share of statistically insignificant experiments is the signal that a team has exploited an area too far and should go back to exploring.
Holds AC Albert Cheng
The value-versus-growth distinction does not serve investors well in a fast-changing world.
Holds HM Howard Marks
When a benchmark disagrees with what people actually adopt, what it is telling you is that the thing it measures does not matter.
Holds
Numbers offer a false precision: which metrics you choose to look at, and whether a five percent rise is good, are both art rather than science.
Holds JZ Julie Zhuo
The growth of the religiously unaffiliated in America has stopped and gone into reverse.
Holds RB Ryan Burge
Large replication projects answer the wrong question, because most individual studies do not matter either way.
Holds AM Adam Mastroianni
Calling the fall in birth rates a mystery is not humility but obscurantism: there is already a good causal account of it.
Holds LS Lyman Stone
A benchmark result should be reported under a stated budget, or as a curve against test-time compute — never as a single number.
Holds NB Noam Brown
A benchmark that ranks Claude Code last while it stays first in use is measuring the wrong thing, and has been for a year.
Holds
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Holds TP Thuan Pham
A portfolio you cannot hold through an ordinary market cycle is not a portfolio but a bet.
Holds NM Nick Maggiulli
Readily measurable indicators of cheapness are no longer sufficient on their own to produce a sustainable investing edge.
Holds HM Howard Marks
The S&P 500’s price-to-sales ratio no longer signals what it once did, because today’s companies earn higher margins.
Holds NM Nick Maggiulli
Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created.
Holds BT Bret Taylor
Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund.
Holds BA Bill Ackman
An investor's starting point should be the portfolio that is best to hold independent of any tactical market view
Holds NM Nick Maggiulli