Luke Constable (@lukeconstable) header
Luke Constable (@lukeconstable) profile picture

Luke Constable

@lukeconstable

Founder @ Lampa Capital

 New York, NY
lukeconstable.org
Joined June 2009
  • Tweets403
  • Following1.4K
  • Followers1.6K
28Media
Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)Photo by Luke Constable (@lukeconstable)
Luke Constable retweeted
Paris Yimby (@parisyimby) profile picture
Paris Yimby@parisyimby15 Feb 2022
94% of Parisians live less than 5 minutes from a bakery.
Image from Paris Yimby (@parisyimby)
279
2,889
2,711
30,899
People don't want to learn your API, so think of it as a ladder: 1. Maximize the problems experts can solve. 2. Minimize how much a novice needs to learn when they take their first step. 3. Make a smooth ladder between their first and last step. blog.sbensu.com/posts/2022-0…
16
75
24
605
Luke Constable retweeted
CFA Institute (@CFAinstitute) profile picture
CFA Institute
@CFAinstitute3 Jun 2021
"Cost of capital is a tenuous concept. Charlie Munger amusingly calls it a 'perfectly amazing mental malfunction,'" @lukeconstable explains. For example, why do we assume that every investor should use the same discount rate? via @Enterprising cfainst.is/3poH6Ej

Counting the Cost of Capital and Seeding Network-Based Accounting

Cost of capital is a tenuous concept. Charlie Munger amusingly calls it a “perfectly amazing mental malfunction.”

rpc.cfainstitute.org
13
1
31
Luke Constable retweeted
CFA Institute (@CFAinstitute) profile picture
CFA Institute
@CFAinstitute6 Apr 2021
Like it or not, companies are judged by imperfect standards and GAAP does not always fully reflect business reality, says @lukeconstable. That can be used to generate alpha. via @Enterprising cfainst.is/3rObuYo
7
16
Luke Constable retweeted
CFA Institute (@CFAinstitute) profile picture
CFA Institute
@CFAinstitute5 Mar 2021
"Every mismatch between GAAP metrics and business reality is a potential alpha opportunity," @lukeconstable writes. via @Enterprising cfainst.is/38frpb9

How Alpha Hides in GAAP Accounting: Return on Equity

You can find significant alpha in the mechanics that drive GAAP accounting.

rpc.cfainstitute.org
13
1
26
Luke Constable retweeted
Slater Stich (@slaterstich) profile picture
Slater Stich
@slaterstich17 Jan 2021
2) Buffalo, NY — Another port city on the Erie Canal; also becomes a major rail hub & manufacturing center. 1870 to 1900, population 3x-es; becomes 8th largest city in US. First city with widespread electric lighting (from Niagara Falls hydro), "City of Light".
Image from Slater Stich (@slaterstich)
1
5
35
Peter Thiel gave commencement speech at Hamilton College. Transcript fortune.com/2016/05/22/trans…
1
3
Luke Constable retweeted
Patrick Collison (@patrickc) profile picture
Patrick Collison
@patrickc17 May 2016
Nothing about Norvig's Gettysburg PowerPoint presentation will ever get old. norvig.com/Gettysburg/
Image from Patrick Collison (@patrickc)
2
79
193
Luke Constable retweeted
Matt Levine (@matt_levine) profile picture
Matt Levine
@matt_levine29 Dec 2015
Maybe the most beautiful sentence in the history of financial reporting hkexnews.hk/listedco/listcon… h/t @tracyalloway
Image from Matt Levine (@matt_levine)
25
484
1
590
Luke Constable retweeted
Vala Afshar (@ValaAfshar) profile picture
Vala Afshar
@ValaAfshar2 Nov 2015
17 math equations that changed the world
Image from Vala Afshar (@ValaAfshar)
29
594
3
1,055
Luke Constable retweeted
Jonathan Hsu (@jonathanhsu) profile picture
Jonathan Hsu
@jonathanhsu15 Oct 2015
Part 4 of "Diligence at Social Capital" focuses on applying the idea of cohorts and LTV to engagement and retention: medium.com/@jonathanhsu/dili…
Diligence at Social Capital Part 4: Cohorts and (engagement) LTV

Diligence at Social Capital Part 4: Cohorts and (engagement) LTV

[Note from the author: See an update to the thinking presented in these articles in my more recent writing on A Quantitative Approach to…

medium.com
2
10
19
Luke Constable retweeted
Jonathan Hsu (@jonathanhsu) profile picture
Jonathan Hsu
@jonathanhsu5 Oct 2015
Part 3 of Diligence at Social Capital where I discuss how we think about LTV. bit.ly/1VBVWQr @S23P
Diligence at Social Capital Part 3: Cohorts and (revenue) LTV

Diligence at Social Capital Part 3: Cohorts and (revenue) LTV

[Note from the author: See an update to the thinking presented in these articles in my more recent writing on A Quantitative Approach to…

medium.com
8
18
I have 3 words to describe why this photo Neil took of me is so iconic: Location, location, location. #Apollo11
Image from Dr. Buzz Aldrin (@TheRealBuzz)
458
8,230
1
8,684
Luke Constable retweeted
R Paul Wilson (@rpaulwilson) profile picture
R Paul Wilson@rpaulwilson14 Jul 2015
First high resolution image of Pluto causes concern:
Image from R Paul Wilson (@rpaulwilson)
691
24,126
11
19,575
Luke Constable retweeted
Horace Dediu (@asymco) profile picture
Horace Dediu
@asymco20 Feb 2015
@asymco A few facts about cars: 8. For most motorists, congestion is a bigger problem than any vehicle deficiency.
3
16
29
Tin Pot Creamery is a 2014 American Made Award nominee. marthastewart.com/americanma…
1
4
Load more