It's been a historically bad month and bad week for mortgage rates. Today's movement is in the top 5 one-day deteriorations since 2011. A mortgage rate with zero points yesterday now requires approximately 1.2 discount points to lock. This is why we are building Opendoor Home Loans - to help Americans buy homes.

Sam Altman on one of the highest-return years of his career: no job, exploring his interests, and a lot of people who were nice enough to teach him things. "I read many dozens of textbooks. I learned about fields that I had been interested in. I didn't have any idea that they were all gonna come together in the way they did." "I learned a lot about nuclear engineering. AI was starting to work, so I learned a lot about AI. I learned about synthetic biology. I learned about investing." " I met people that were working on all sorts of different things who were nice enough to talk to me." "If I met someone interesting and it seemed good and needed help, I would just help them. And they would teach me stuff, or they would offer me the chance to invest in their startup later." "Out of all of it, almost all of it didn't work out. But the seeds were planted for things that worked in deep ways later." @sama w/ @CraigCannon (Nov 2018)

Patrick Collison's advice to people in their 20s: find where the highest standards are, and go experience them firsthand. "When I talk to people in other domains, this is so frequently the thing that I hear from them." "That when they worked with X person or Y organization or in Z environment, they learned what great actually is, and that just permanently changed their sense for what their own standard for their work ought to be." "Maybe one version of what people in their twenties should do is... figure out, where can you learn the highest standards? Where are the highest standards embodied, and where can you go and experience that firsthand?" @patrickc w/ @dwarkesh_sp (Feb 2024)