00:00It's Bloomberg Money. So we always talk about books. I know that I've got a huge
00:03reading list on my phone that I got to get to. Do you read the physical books or do you
00:08like use
00:08the Kindle? No, no. I tried the Kindle and I've tried other things and now I'm very much back to
00:14just reading hardcover books. Only hardcover though. Well, yeah, sometimes I can't, but you
00:18know, old school books. How about the must read books that we've got right now? What's yours?
00:24Mine is a foundation read if you care about Elena Poppina's technology. Chip War is my book of the
00:31year. Two years ago, Chris Miller's out of Tufts up in Boston. And this is absolutely, absolutely the
00:39seminal read on the history of semiconductors. And he just captures beautifully the turf wars,
00:46whether it's obviously Silicon Valley or Charles River in Boston or even over to the Netherlands
00:53in ASML. Or Taiwan, for that matter. Or Taiwan, excuse me. The Taiwan story is actually,
00:58the invention of Taiwan semiconductors may be the most emotional story in the book.
01:03Yeah, I can't wait to get to that point. I'm really excited about it. My book kind of ties
01:07into that. It's How to Rule the World and Education and Power at Stanford University by Theo Baker.
01:12This book is a lot of things. Oh, yeah. But what I enjoy the most is the picture that it
01:16paints of
01:16Stanford. For super bright and ambitious kids, Stanford's a place where the coding or hacking clubs
01:21they join have access to slush funds provided by tech companies so they can party on yachts and
01:26socialize with billionaires. VCs hang out there on campus at the cafe. I think it's called the
01:31Coupa Cafe to scout future talent, which leads to offers of funding their startups later on for
01:38billions of dollars with a non-dose.
01:40I take issue with the romance of this and that. Mostly what the kids do is work. They're particularly
01:46undergraduate. They're working on first principle, heavyweight mathematics. They're operational
01:52research. I mean, so much of this is Michael Spence, the laureate's invention. But I think it's
01:58underplayed how much the bright kids at these bright schools on the West Coast, Harvey Mudd, Caltech,
02:04Stanford. I'd mentioned Cornell on the East Coast. Frankly, the kids work. I mean, Scarlett slid
02:09through just in case, you know, there is that. But the ones that get farther are the ones who are
02:14hobnobbing with the billionaires and the VCs. Absolutely. You know, they're getting the like
02:18early look deals with those guys. I like hobnobbing better than networking.
Comments