Jesus

Coach must be getting threatened by the mob too how’d they let him shoot 15 shots after last game

How’s Fox still playing he’s clearly being threatened by the mob or something

Many of the Italian mafia that were arrested during the FBI raid was in fact from New York. Would understandably be Knicks fans

If the Knicks can come back from being down 30 to win it, so can my pnl.

Time traveler

Goat

Life is too short to live a life of hate. Be kind

Knicks bringing world peace

“The next trillion-dollar opportunity is Physical AI and Robotics.” — Masayoshi Son, CEO of SoftBank, also just became the richest in Asia

Now I kind of want to try this

TLDR on @rewkang’s podcast w/ @APompliano FIGURE🦿 Andrew came across @Figure_robot deal in 2023 Had no experience investing in Robotics So asked VC friends for advice Most were skeptical and told him to pass VC robotics bets hadn’t produced many winners US🇺🇸 VS CHINA🇨🇳 Andrew evaluates robotics firms in 3 categories: 1. Manufacturing 2. Hardware design 3. AI capabilities China is the clear winner in manufacturing China is leading in hardware design too US only has Figure/Tesla China has 100s of diff specialized hardware designs US has an edge over AI capabilities AI capabilities are critical cause without brains Robots are useless Andrew thinks tech produced ≠ market cap BYD sells more cars than Tesla But BYD mcap is 10th of Tesla US robotics companies offer higher mcap potential HUMANOIDS VS SPECIALIZED ROBOTS 🤖 Andrew agrees specialized robots are more effective And their adoption will be earlier than humanoids Argues that humanoids can be mass produced cheaper The world is not static so flexibility will be valuable ROBOTICS TRAINING DATA 🕶️ World models have changed the game They are trained on internet video data Despite not as good as teleops/egocentric/sim They are still very valuable And there are loads of them online for free There is still need for egocentric data of specific tasks But the scale of data needed to be collected is Lower than expected compared to 9 months ago JOB DISPLACEMENT 👨‍🔧 Andrew thinks job displacement is real Cognitive jobs will be displaced by digital AI Physical jobs will be displaced by physical AI UBI is not optional but necessary ROBOSTRATEGY $BOT OpenAI and Anthropic went nuts in a few years If you had invested in top AI companies few years ago You would have outperformed the best seed funds Same vertical takeoff will happen for robotics Robostrategy is a publicly trading closed ended VC fund It is currently trading at a premium to NAV NAV premium allows them to raise more capital Via issuing more shares accretively to shareholders

👀

Not enough people are talking about physical AI and robotics. I sat down with @rewkang, one of the best investors of the last decade, to discuss his massive bet on humanoids and robotics. He breaks down the industry, the addressable market, multiple leading companies, and why he launched a publicly-traded fund ($BOT) focused on investing in the top private robotics companies. YouTube: youtu.be/Q_UWD5aoJkc?si=_E7l… Apple: podcasts.apple.com/us/podcas… Spotify: open.spotify.com/episode/4L6… TIMESTAMPS: 0:00 - Intro 1:28 - Why Andrew shifted from crypto to humanoid robots 3:58 - How big is the total addressable market? 8:08 - Building conviction — the $19M bet on Figure AI 16:06 - US vs. China — who wins the robot race? 28:08 - General purpose vs. specialized robots 31:05 - Where does training data come from? 40:24 - Humanoid robots in your everyday life 43:27 - Can Tesla & Elon win the humanoid race? 46:19 - Job displacement & UBI 51:15 - RoboStrategy — the publicly traded venture fund 1:11:17 - What is exciting about Apptronik? 1:13:24 - Addressing the critics

Korea stimulus package

Bull market starts again when Tom Lee and saylor are forced to sell it all

The markets realizing Saylor and Tom Lee were just big degenerates

Realistically though what stops US from saying sorry I can’t pay $37 trillion It’s an insane amount of money

Been in crypto over a decade and almost everyone is now fully in AI instead.

wtf