RT @JimPGillies: I got into something of a meditation on SpaceX's valuation in another thread x.com/JimPGillies/status/206… I decided to cut/pa…

Elon Musk believes SpaceX can deploy 100 gigawatts per year by 2030 • 1 GW per year by end of 2027 • 10 GW per year in 2.5 years • 100 GW per year in 3.5 years “Depending on the progress in chip making, going beyond that to scale to a terawatt per year which is 1,000 gigawatts”

That’s about right

Trump has won this war 7 times. He’s negotiated a peace settlement 12 times. And he’s opened the Strait of Hormuz at least 4 times. What more do you want from him?

RT @great_martis: The last time an entire monthly candle on the Semiconductor index closed above the upper Bollinger Bands was in… you gues…

RT @great_martis: Market update

when my stock recovers from -10% to -5%

Kevin Warsh realizing inflation’s gearing back up towards 5% while Trump picked him specifically to cut rates

The older I get, the more I realize making memories with family, a solid fitness routine, a job you don't hate, a group chat of great friends, annual traditions, and a productive hobby will lead to a very happy life.

You’re bored because you don’t do side quests, bro. Life is more than just work and bed rotting. Here are 50 side quests to complete:

🚨Another Problem with Capital Gains Tax: The $3,000 Loss Limitation If you have more losses than gains, the amount you’re allowed to write off is capped at $3,000. This is called the capital loss limitation. But here’s the catch: that $3,000 hasn’t been adjusted for inflation. At today’s prices, $3,000 barely covers a month’s rent. When that rule was introduced back in 1986, $3,000 was a significant amount. It could have covered several months of living expenses. And the intention behind it made sense, to give smaller investors some tax relief for taking the risk of investing and helping stimulate the economy. But fast forward to today, and inflation has eroded the value of that deduction. Depending on how you measure it, that $3,000 should now be closer to $30,000 to $50,000 in real terms. So why hasn’t it been updated? If you're losing money as an investor, you should be allowed to deduct those losses in the year they happen, not carry them forward in tiny chunks that no longer reflect the cost of living or the real size of your losses. What do you think? Isn’t it time we brought some fairness back to the tax code?

Legend

RT @great_martis: Ladies and gentlemens, dignitaries, celestial and extraterrestrial beings…Behold the majestic Schiller PE Ratio (currentl…

😆 Social Media At It's Finest

This speech is on @MohnishPabrai’s wall: It’s not the critic who counts, it is the man in the arena.

Lots of moving pieces at $DUOL -- which I tackle below

I hate my Job But it pays for Beers And I need Beers Because I hate my Job

Me with $127 in my pocket thinking about the Fed decision tomorrow

When $DUOL drops 80% but you lean into the pain and buy the dip

🚨 American households haven’t felt this bad about the economy in 75 years. That can only mean one thing…