Billionaire Michael Milken joked “if a US company replaces the US-born CEO with a CEO born in India, I buy the stock” But he reveals he hasn’t backtested the idea. So we did. In the last 15yrs, that would’ve 50x’d your money: 7.5x more $$ and >2x IRR vs S&P500: 30% vs 14%!

A very special guest on this episode of the Lightcone! @bcherny, the creator of Claude Code, sits down to share the incredible journey of developing one of the most transformative coding tools of the AI era. 00:00 Intro 01:45 The most surprising moment in the rise of Claude Code 02:38 How Boris came up with the idea for Claude Code 05:38 The elegant simplicity of terminals 07:09 The first use cases 09:00 What’s in Boris’ CLAUDE.md? 11:29 How do you decide the terminal’s verbosity? 15:44 Beginner’s mindset is key as the models improve 18:56 Hyper specialists vs hyper generalists 21:51 The vision for Claude teams 23:48 Subagents 25:12 A world without plan mode? 28:38 Tips for founders to build for the future 30:07 How much life does the terminal still have? 30:57 Advice for dev tool founders 32:11 Claude Code and TypeScript parallels 35:34 Designing for the terminal was hard 37:36 Other advice for builders 40:31 Productivity per engineer 41:36 Why Boris chose to join Anthropic 44:46 How coding will change 46:22 Outro

I'm Boris and I created Claude Code. I wanted to quickly share a few tips for using Claude Code, sourced directly from the Claude Code team. The way the team uses Claude is different than how I use it. Remember: there is no one right way to use Claude Code -- everyones' setup is different. You should experiment to see what works for you!

The fortune is equally distributed! If you had not taken a chance on a 37signals superfan from Copenhagen back in 2001, it's entirely possible none of this would have happened. A quarter of a century later, it's literally been the delight of a lifetime to work together.

Thank goodness there are some recordings of the events in Omaha: Vitaliy Breakfast:  youtube.com/watch?v=t2sL2QgP…  @vitaliyk Gabelli Funds:  youtube.com/watch?v=ZlZvFhvh… @ChrisBloomstran , @BRK_Student , @ToddFinkle, @McD_Investments, @QCompounding , @macraesykes VALUExBRK:  youtube.com/watch?v=PhuQc6OF… @GSpier @VALUExZH @RobertGHagstrom @MohnishPabrai @DellAnnaLuca @WilliamGreen72 @GillianZoeSegal @Sheena_Iyengar @_Sparling_ @RosieRios @ASlavitt @Typhoon_Girl Bill Ackman Fireside Chat: ubs.com/global/en/wealth-man…  @BillAckman Pre-meeting Tribute to Charlie Munger: youtube.com/watch?v=_ODd2oMj… @CNBC Berkshire Meeting: buffett.cnbc.com/2024-berksh… Markel Brunch: youtube.com/watch?v=aOL8hcWx… @MarkelStyle Mohnish's talk at the University of Nebraska coming soon I'm sure.. #BRK2024 #BerkshireHathaway

Q3 2024 Shareholder Update → ir.tesla.com — Highlights - Produced our 7 millionth vehicle at Fremont factory! - Preparations for new vehicles remain underway (including more affordable models), which we'll begin launching in the first half of 2025 - Record gross margin for @teslaenergy - COGS (cost of goods sold) per vehicle came down to lowest level ever – key to enabling affordability Vehicle US @tesla_na - Refreshed Model 3 ramp continued successfully - @cybertruck production increased sequentially & achieved a positive gross margin for the first time (congrats @cybertruck 🫡) - Preparation of the Semi factory continues and remains on track with builds scheduled to start by the end of 2025 China @Tesla_Asia - Giga Shanghai produced its 3 millionth car & exported its 1 millionth car Europe @teslaeurope - As of Q3, Model Y is the bestselling vehicle of any type in 2024 in Sweden 🇸🇪, Netherlands 🇳🇱, Denmark 🇩🇰 & Switzerland 🇨🇭 Thank you to our owners! AI/Hardware @Tesla_AI - In Q3, we released FSD Supervised 12.5, bringing improved safety & comfort thanks to a 5x increase in the number of parameters, data & training compute (will continue to scale in Q4) - We also released Actually Smart Summon & deployed FSD Supervised to @Cybertruck, including end-to-end driving on highways for the first time - Compute rules everything around us: We're already training on a 29k H100 cluster at Giga Texas – expecting to have 50k H100 capacity by end of October Vehicle & other software - Summer Release shipped with features like Parental Controls, YouTube & Amazon Music as native apps, Hands-Free Frunk, added weather forecast & other improvements Powertrain, Battery & Manufacturing - Unveiled Cybercab & Robovan at our We, Robot event in October – both purpose-built for autonomy from the ground up - Cybercab will be built on our next-gen platform, which includes a new powertrain with an estimated 5.5 mi/kWh – our most efficient one yet - Produced our 100 millionth 4680 cell & continue to progress our dry cathode manufacturing lines Energy @teslaenergy - Megafactory in Lathrop demonstrated 200 Megapacks/week (40 Gwh run rate) @Tesla_Megapack - Powerwall deployments reached a record for the 2nd quarter in a row - As of Q3, over 100k Powerwalls were enrolled in VPP programs!

Mechazilla has caught the Super Heavy booster!

2 Chainz talks to Elon Musk's new Tesla Optimus robot 👀 x.com/copiumx/status/1844619…

BG2 Ep7. Pod’s Up! The Great IPO Debate - Optimal Size / Time; Tesla Robotaxi vs Uber; Tech Earnings & Rising Rates. 💥👊 @altcap @bgurley

Zuck on: - Llama 3 - open sourcing towards AGI - custom silicon, synthetic data, & energy constraints on scaling - Caeser Augustus, intelligence explosion, bioweapons, $10b models, & much more Enjoy! Links below

Robotaxi in China x.com/mashedAvocado_/status/…

At Starbase, @ElonMusk provided an update on the company’s plans to send humanity to Mars, the best destination to begin making life multiplanetary

Our pleasure ❤️ @ModdedQuad

Unlike companies that reinvest all or most of the money back into the company every year, we take all the money (profit) out every year in the form of distributions (we’re an LLC). This means every year we take risk out of the company. Companies that keep reinvesting keep adding risk to their companies. And when the company ends one day, as they all do, we’ll have enjoyed the upside as we went, vs. never if all the reinvestment didn’t lead to an outcome which is greater than the annual distributions. Basically, we work to enjoy the now that’s guaranteed, not the future that isn’t. Via 37signals.com/why-we-choose-…