Patrick Gray

Patrick Gray

@patrick.risky.biz

https://risky.biz/

9.5K followers440 following704 posts

My wife promised God she would not eat chocolate for 30 days if, by His grace, Lula won the Brazilian election. Being such a great husband, I have told her that in solidarity I will make sure the forgone chocolate is eaten. Doing my part! For love! ❤️

She’s not even a Lula fan! She thinks he’s a populist asshat! But if you ever want to learn a bunch of Brazilian Portuguese swear words, just ask her what she thinks of the Bolsonaro family 😅

I traded in my Supra for a 5yo used BMW 3 series but it arrived with this badge on the steering wheel. Must be a fake BMW! I’ve been ripped off!! :(((

As predicted…

Patrick Gray@patrick.risky.biz

It will result in massive shifts away from growth investing towards stable boring companies that shit franked dividends… private debt another winner. You can talk about tax justice all you want, but the reason governments everywhere discount capital gains tax is to stimulate productive investment

Microsoft's digital crimes unit said it would pursue security researchers who "irresponsibly" disclose 0day. But it's simple: Redmond can't dictate what researchers do with bugs. If you can't entice hackers to disclose bugs via your preferred channels, that's a you problem! (aka skill issue)

Editing today's Risky Bulletin script and this one hit me right in the guts. Hand on heart, I hope something bad happens to this guy inside every day he's there

I think it’s possible to be sympathetic to the idea that the wealthy should pay more tax and still think the government’s CGT policy is really bad. Instead of sector-specific carveouts and complicated indexation calculations, why not just reduce the CGT discount by 10-15%? This is just bad policy

“The new tax we’re introducing that will kill the startup ecosystem and cause capital flight won’t raise much money” is not the argument you think it is

The latest budget has shown just how little Australians understand the tax system. So many people beclowning themselves. The removal of CGT discount and negative gearing on resi is good policy. The rest of it isn’t. There’s a reason CGT rates are lower than income rates. CGT rate is 20% in China!

The changes to discretionary trust rules have the right vibes, but they won’t raise much money. There’s rollover/restructuring relief and the changes look like they’re designed to stop stuff that’s already illegal, like personal services income splitting

The CGT changes could be devastating to local startups and founders. They’re planning carveouts but if they favour local capital/VC firms then founders will get shittier term sheets here. Let’s see where this lands, but the whole package seems more about ideology than sensible tax policy

Patrick Gray reposted

Really enjoyed the time with James at Risky Business. Between his James Kettle interview and mine: the models we have today can already do remarkable work; if you take the time to codify your expertise into scaffolding. And what that looks like with IronCurtain, and on what businesses need to do.

Patrick Gray@patrick.risky.biz

If listening to Niels Provos talk to my colleague @jameswilson.io for 90 minutes about orchestrating older LLMs to find 0day as effectively as Mythos can sounds like a good time to you, boy do I have some great news… VIDEO: youtu.be/ksWbjE9uQyk AUDIO: risky.biz/RBFEATURES19/

Patrick Gray reposted

I'm sure we could've gone for 3 hours... but Niels and I reigned ourselves in after 90 minutes of talking through exactly how lesser models can find 0day all day... if you know how to orchestrate them in a way that turns your techniques into their state machines.

Patrick Gray@patrick.risky.biz

If listening to Niels Provos talk to my colleague @jameswilson.io for 90 minutes about orchestrating older LLMs to find 0day as effectively as Mythos can sounds like a good time to you, boy do I have some great news… VIDEO: youtu.be/ksWbjE9uQyk AUDIO: risky.biz/RBFEATURES19/

My town is going to be in the news today for a pretty shitty reason. A marine rescue went sideways, three dead including two rescue volunteers. Really sucks. 💔

It’s funny but Twitter being owned by SpaceX now might actually make it good again… it’s preparing for an IPO and the last thing SpaceX needs is regulatory problems from X being a 4chan clone

Patrick Gray reposted

The long awaited next episode in How the World Got Owned! Part 1 of the 1990's. It's awesome. Enjoy!

Patrick Gray@patrick.risky.biz

We've just published the 2nd episode of our documentary series "How the World Got Owned". This one looks at the 1990s and features interviews with Kevin Poulsen, @weld.bsky.social, @thedarktangent.bsky.social and Alpeh One (Elias Levy). Subscribe to the stories feed now! risky.biz/HTWGO2-stori...

Patrick Gray reposted

This has been such a fun project to bring together.

Patrick Gray@patrick.risky.biz

We've just published the 2nd episode of our documentary series "How the World Got Owned". This one looks at the 1990s and features interviews with Kevin Poulsen, @weld.bsky.social, @thedarktangent.bsky.social and Alpeh One (Elias Levy). Subscribe to the stories feed now! risky.biz/HTWGO2-stori...

Fun sponsor interview: James Wilson interviews Knockknoc CEO Adam Pointon about how oldschool security controls/preventative tech is the new black because AI is making detect and respond look even stupider than it was before: risky.biz/RBNEWSSI121/

risky.bizSponsored: AI is making old school prevention cool again - Risky Business MediaIn this Risky Business sponsored interview, James Wilson chats with Adam Pointon, CEO of Knocknoc, about how AI is making old school secur [Read More]

The rhetoric in Australia on fuel security is completely braindead. Sure, we closed our refineries over the years because they were inefficient, but we’re currently the second biggest LNG exporter in the world. We can trade gas for liquid fuels. We have leverage! Calm down!

I recorded a podcast with Rob Joyce (fmr NSA) and Andy Boyd (fmr CIA) yesterday about the impact of AI on the state of offence... published it into the Risky Business Features channel just now... to subscribe, search for Risky Business Features in your podcatcher!

We do the vast majority of our miles in the family EV, but we need a second car (live in a regional area) for me that can also tow. And boy oh boy does she like a drink 🥴