Company builder, author, investor, advisor. Latest book: bit.ly/2Svo5Bo. Tessell.com LinkedIn goo.gl/EVzUw

Joined February 2009
1,277 Photos and videos
The study doesn’t show LDL/ApoB are the wrong markers. Diabetes raises risk through multiple pathways, including ApoB. The best strategy is to optimize metabolic health & ApoB—not pretend one makes the other irrelevant.
I used to wonder why doctors fight so hard to defend LDL and ApoB. Then I understood. Imagine you are a cardiologist. You have spent 30 years prescribing statins. You have told thousands of patients their cholesterol is the problem. Your guidelines say it. Your training says it. Your colleagues say it. Now imagine a study proves it was never the main driver. What do you do with that? Dugani et al. JAMA Cardiology. 2021. 28,024 women. 21.4 years. 50 biomarkers ranked by heart disease risk.
86
Steven Kaplan retweeted
The staggering amount California lost when Elon Musk left the state trib.al/xN4UF3W
138
602
3,579
122,685
Steven Kaplan retweeted
Elon Musk became a trillionaire precisely because he solved important problems.
I really don’t understand true greed. If I was worth $1 trillion, you’d have to physically stop me from solving as many of the world’s problems as possible. Everyone would have a home, food on the table, proper healthcare, happiness. I just don’t get it.
130
206
3,349
152,079
CAC first. It’s what found mine at 641 when I had no symptoms and felt completely fine. CCTA came later, for exactly the reasons described here. The $100 test that takes less time than a coffee order is still the right starting point for most people. @MohammedAlo nails it.
CAC vs CCTA: Which Test Should Guide Prevention? •⁠ ⁠New expert perspective reviewed CAC and CCTA for cardiovascular risk assessment. •⁠ ⁠CAC is faster, less expensive, and guideline-endorsed for primary prevention. •⁠ ⁠CCTA detects both calcified and non-calcified plaque, plus high-risk plaque features. •⁠ ⁠CCTA requires contrast, higher cost, and more complex testing than CAC. •⁠ ⁠Most individuals with plaque on CCTA already have detectable coronary calcium. •⁠ ⁠The authors recommend CAC for most patients, reserving CCTA for selected high-risk individuals. @DrNadolsky @DrKarlNadolsky @NutritionMadeS3 @drmatthewnagra @MichaelAlbertMD @maciejbanach
60
Every PCI performed twice. First in the computer. Then in the patient. The field is getting there faster than most people realize. Great post by @FCademartiri
PCI has traditionally been a process of trial, adjustment, optimization... and experience. Choose a balloon. Inflate. Check. Post-dilate. Check again. Repeat if necessary. But what if we could know the final result before deploying the stent? This new JACC: Advances study introduces a patient-specific digital twin built from HD-IVUS imaging and computational simulations capable of predicting post-stenting lumen dimensions with surprisingly high accuracy. The technical achievement is impressive. The conceptual implication is even bigger. For decades, imaging has been largely descriptive. We image anatomy. We identify disease. We measure severity. But the next generation of imaging may become predictive. Not "what does the artery look like?" But: "What will happen if I intervene?" "What if I choose another stent?" "What if I perform lesion preparation differently?" "What if I use a drug-coated balloon instead?" The future of cardiovascular imaging may not be better pictures. It may be virtual patients. And perhaps one day, every PCI will be performed twice: First inside a computer. Then inside the patient. Would you trust a digital twin to help plan your next intervention?
33
Steven Kaplan retweeted
I asked one question under a Ken D Berry post today. Name one randomized controlled trial showing keto reduces cardiovascular events. Twenty-one replies. Not one answer. What I got instead was a tour of every logical fallacy the human mind has ever produced in defense of a preferred belief. "Humans have eaten meat and eggs for hundreds of thousands of years." Appeal to nature. So did every person who died of atherosclerosis. The Horus study found arterial plaque in mummies four thousand years ago. The disease is not modern. The imaging equipment is. "Ancient food, therefore safe." Appeal to history. A Chinese observational study gets shredded for methodological weakness: retrospective, self-reported, no verification. Apply the same standard to keto cardiovascular outcomes? The bar moves. "Most doctors sell something." Tu quoque. Yes. Only one side has outcomes data. It is not keto. "Eighteen years, zero disease." Personal testimony. Good outcome. What is your ApoB? No answer. "100 people is not statistically valid." Then offered himself as a sample of one. No self-awareness detected. "Absence of evidence is not evidence of absence." Except the community raised $216,880 for the outcomes trial. The money materialized. The trial never started. That is not absence. That is a choice. "This is 100% AI." The argument was that ancestral framing is a liability shield, not a science. Which part is wrong? No answer. "You only call out doctors you disagree with." 74 credentialed doctors challenged so far. The difference is the science, not the sales. And the best one. "Ancestors would have been in ketosis, cycling in and out as the seasons shifted." She meant this as a defense. She described the opposite of what is being sold. A deliberate protocol with macronutrient targets. Not a seasonal accident. Thirteen fallacies. Zero cardiovascular outcomes trials. 308,000 followers. Roughly 92,000 of them will see their ApoB rise on his protocol. His advice: it does not matter. It does. Stay awake my friends.
12
5
30
1,382
Steven Kaplan retweeted
Cal graduate and Raiders QB Fernando Mendoza posted pictures from his commencement on Instagram including being inside California Memorial Stadium with the caption “Go Bears Forever”
5
43
581
36,617
Steven Kaplan retweeted
Replying to @RTSG_Main
Pretty easy to deny when you kill many more than you liberate and when you define liberation as obedience.
1
4
126
564
W/my heart situation, chocolate chip cookies are basically a controlled substance. But Microsoft Arlington lunch rolled out these glorious ones. I took a massive bite expecting pure bliss…& got oatmeal raisin. Fate didn’t just troll me - it committed a hate crime against joy.
1
113
Steven Kaplan retweeted
Replying to @WadeTPaton
That’s not communism in practice. That’s voluntary cooperation inside a capitalist framework. You built businesses, owned them, and chose to restructure them. That only works because property rights exist. Without them, there’s nothing to build, own, or convert. Worker co ops are allowed under capitalism because people are free to organize however they want. Under actual communism, you don’t get that choice. You don’t own the business to begin with, and neither does anyone else. The state or the collective does. So the example proves the opposite point: If co ops succeed, it’s because capitalism allows them. If communism were imposed, the freedom that made them possible disappears. Calling that “communism” is just labeling capitalist success with a different word.
33
85
938
8,901
I read both that book along with Kendrick's other novel, "The Great Cholesterol Con". Both are quite entertaining , but unfortunately not grounded at all in science.
Read The Clot Thickens by Malcolm Kendrick. Then see if you still believe in particle counts.
369
Steven Kaplan retweeted
Mar 4
Hong Kong proves every socialist dead wrong. Zero oil. Zero gold mines. Zero farmland worth mentioning. Just a rock jutting out of the South China Sea. And yet by the 1990s, this barren speck became richer per capita than Britain—the very empire that once ruled it. How? Free markets, you statist fool. While Mao was starving 45 million Chinese with his Great Leap Forward, Hong Kong embraced what British pedophile John Maynard Keynes despised: actual capitalism. No minimum wage laws. No capital gains taxes. No currency controls. No industrial policy. The government's job was simple—protect property rights, enforce contracts, and get the fuck out of the way. That's it. The results speak louder than any economics textbook. Refugees fled communist China with nothing but the clothes on their backs. Within a generation, they were building skyscrapers and running multinational corporations. Manufacturing exploded. Then services. Then finance. Each wave of economic evolution happened organically, driven by profit and loss signals—not some bureaucrat's five-year plan. And the poor? They got richer faster than anywhere else on earth. Because when capital is free to chase profits, it creates jobs. When entrepreneurs can keep what they earn, they take risks. When property rights are sacred, people build wealth instead of burning it. But here's what really terrifies central planners: Hong Kong did this without natural resource wealth to redistribute. No Norwegian oil fund. No Saudi petroleum reserves. Just human action, Mises-style. Pure market forces turning human energy and intelligence into prosperity. The city became a financial powerhouse precisely because it rejected the interventionist nonsense that Scottish gambler John Law pioneered and modern economists still worship. Every gleaming tower in Hong Kong's skyline is a middle finger to everyone who claims markets fail and government must step in.
153
591
2,274
67,040
Balaji nails the contagion risk: a tax forcing mass sales of unrealized assets crashes prices for everyone, hitting later sellers hardest—same danger w/ California's billionaire wealth tax. @RoKhanna, thoughts on this downside for concentrated holdings in CA tech stocks?
Feb 15
LIQUIDATION CONTAGION Wealth taxes are even worse than you think. Any asset held by Californian billionaires or Dutch citizens is now at risk of experiencing forced liquidation pressure. So: it’s not just that you don’t want to hold assets as a Dutchman. You also don’t want a Dutchman to hold your assets. Because the logic of forced liquidation is contagion. Let’s think it through. (1) First, suppose there is an asset with a total market cap of $10,000, with 10 shares total, of which 1 share each is held by 10 different holders, all in the Netherlands. To simplify the math, assume the Dutch holders bought those shares at par, or close to $0. (2) Now suppose today is the unrealized cap gains tax day, and the share price is $1,000 per share. Each Dutch guy is hit with a 36% tax, and owes $360. The first guy sells his one share, gets $1,000, and pays $360 in tax while retaining $640. (3) But the first guy’s sale reduces the market price to $960 per share. So when the second guy sells, he only retains $600 after paying $360 in tax. (4) Now assume that by the 7th guy, all the selling has pushed the share price to collapse to $200 per share. This is a very reasonable scenario if 60% of the cap table has suddenly been dumped. Indeed it might go much lower. (5) At $200 per share, the 7th guy actually has to go into debt to pay the tax as he owes $360. He sells his one share, pays all $200 of the proceeds in tax. And still owes $160 more in tax. (6) The 8th, 9th, and 10th guys are even more screwed. By the time they sell, the price will likely have crashed to $100 per share or less. As with the 7th guy, even 100% liquidation will not cover their tax burden. (7) So we immediately see many negative things about the Dutch unrealized cap gains tax bill. (a) First, it will cause large simultaneous forced liquidations. Everyone must sell 36% of their stake near the same time. (b) Second, it may be literally impossible to pay if a critical mass of the cap table is all subject to it at the same time. In the example above it was 100% Dutch holders, but has it been just 60% the result would have been much the same: a collapse in the share price. (c) Third, that means it would be disastrous to have too many Dutch citizens (or Californian billionaires!) on the cap table. Their forced sales will crash your share price. (d) So, you might have to start mass blocking those resident in wealth-taxing jurisdictions from investing in your companies. (e) This in turn makes the poor Western European guy even poorer, as he gets locked out of high growth assets. To be clear: I really do feel bad for the formerly Flying Dutchmen, now Crying Dutchmen. They invented much of modern capitalism. They founded New Amsterdam, now New York. They’ve punched way above their weight. I wish them only the best. Nevertheless…they should prepare for the worst. This may be a tough century for Western Europe. The first ones out might get to freedom, while the slowest may be stuck behind a new Iron Curtain, spending a century paying off the debts their states incurred over the last century. Because the long run fruits of Western Keynesianism are the same as Soviet Communism, in the sense of wealth seizure and pauperization. I mean, if you knew the future, you wouldn’t want to co-own a farm with a Russian in 1916. For similar reasons, you might not want to co-own a share of stock with Dutch national in 2026. Or with anyone in a seizure-curious jurisdiction…which unfortunately includes much of Western Europe, Canada, and Blue America. You instead want assets that are not held by those subject to forced liquidations. Now, I grant that this is an unusual way to rank assets…Dutch holders considered harmful?!? Yet it might sadly be necessary to minimize your exposure to liquidation contagion. PS: guess which crucial stock is most held by the Dutch? ASML. So: this unrealized cap gains tax may not literally be a communist plot, but it would have the same effect.
1
362
The billionaire tax is accelerating the exodus. We fled to the NV Tahoe side 14 yrs ago. 6/7 neighbors = ex-Californians. Still just a 3-hr drive to the East Bay. CA politics? No thanks. NV sunsets? Yes please. (Sunday's view)
That California billionaire tax idea backfired in the most spectacular fashion
363
Steven Kaplan retweeted
No one is in charge. That's why they're cheap.
Whoever is in charge of TV prices should be put in charge of healthcare, education, and housing prices
592
3,990
42,135
1,312,126
Haha. I like the new status of Fernando's LinkedIn profile. cc: @CalFootball
237
When you walk into a crowded room, how di you know who is the carnivore? A: They try to convert you.
You forgot to mention, more heart attacks, more strokes, more insulin resistance, more diabetes, more dementia, more Alzheimer's, more death from any cause!
1
2
673
Meaning with the free market always has consequences.
214