Joined January 2024
206 Photos and videos
Another one good for laugh....
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Cracks me up....
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The plan begins with IPO summer where the rule-bending to admit these IPOs, SpaceX, Anthropic, etc into index funds without requiring a single financial disclosure means yes, any index-holding American pays for new data center build-out without even realizing it. The siphoning of the middle class continues a-pace.
One of the biggest crooks on earth, BlackRock CEO Larry Fink, is calling for trillions in investment in data centers and AI power grids. He says the money should come from “Americans' savings, pensions, and insurance funds”, all to compete with China, even though the US already has 12 times as many data centers as China. The billionaires now want to steal from Americans’ to bring about their AI mass surveillance dystopia.
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It's always important to listen to the bear case, and this is one of the most cogent bear cases I've heard regarding the future of AI. One under-covered aspect of this is the fact that the indices (S&P500) are bending their own rules to admit these upcoming IPOs - that means nearly all Americans invested in the markets are instantly forced to participate in non-revenue-generating businesses before these these companies even issue a single financial report. Incredibly dangerous and corrupt.
Went on Bloomberg - Anthropic and OpenAI are dangerous and unsustainable companies that shouldn’t IPO. The AI bubble is a con and retail investors are the marks. AI doesn’t have ROI, it’s nothing like AWS/Uber, and it’s got no post-bubble recovery story. youtube.com/watch?v=zbKDmkJP…
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Some real surprises on this list...stark evidence of the bifurcated nature of these markets.
All these stocks hit new 52 WEEK LOWS at some point today Chipotle Mexican Grill $CMG Nu Holdings $NU American Water Works $AWK Conagra Brands $CAG CME Group $CME Copart $CPRT Erie Indemnity $ERIE GFL Environmental $GFL Haleon $HLN Intercontinental Exchange $ICE Intuitive Surgical $ISRG Lowe's $LOW Mastercard $MA Medtronic $MDT National Fuel Gas $NFG O'Reilly Automotive $ORLY ResMed $RMD Rollins $ROL Service Corp $SCI Sherwin-Williams $SHW Sanofi $SNY Suzano $SUZ Molson Coors $TAP Tradeweb Markets $TW Waste Connections $WCN
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Keep one eye on the $COST and $WMT sell-off. The battle royale of this bifurcated market is unfurling, as these head lower, while memory and storage continue flying high.
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The Nvidia/Microsoft announcement of a locally hosted, agentic computer is roiling mega-cap tech, and yet few are even talking about it. Cloud providers are getting smashed (Google, Amazon). There might be something to it. It might be an over-reaction. Too soon to tell. It could be a paradigm shift of great magnitude - but is this partnership the one to pull it off? That is less clear.
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It's an extremely thin and bifurcated market to start this week. #Bullish $SMH, $DRAM #Bearish everything else June could get tricky, with inflationary supply shocks incoming, and SpaceX siphoning liquidity and rearranging indices. Stay nimble and take trades.
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Worth a read. There will be a pain and suffering trigger coming. We are overdue. This one seems plausible.
Everyone should read what Senior Vice President of Exxon Neil Chapman says about the oil price surge coming in 2-3 weeks The next wave of the energy shock is approaching fast
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Stocks beginning to rotate away from some of the high fliers back to software. I've been picking at $MSFT , $HOOD, and $NOW - may be for trades, may be something longer-term. It really depends on this wild and woolly macro environment. At some point, it will matter, but it's been impossible to time.
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Useful roadmap.
Every central banker in history, when forced to choose between a fast death and a slow death, has made the same call. Every single time. Without exception. Kevin Warsh is about to make it again and most people have no idea what they're about to lose.
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I hope everyone aped into $KXIAY when I brought it up at $12/share. It's rocketing in anticipation of its US ADR. Full disclosure, I sold mine and will re-enter into the ADR once it's released. I could not find any information about how the OTC shares would be handled. I don't like the uncertainty. A 100% gain and a 175% gain in two separate trades means that I feel ok about waiting for the ADR to get back in.
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Don't sleep on this new @CorgiFunds ETF $CQTM - their quantum computing fund. There's a few quantum compute funds already out there, but their assets under management are much larger. Big-name funds need to weight their funds heavily into large cap equities to soak up AUM. But a Corgi-sized fund can ape into the small caps and start-ups. No other fund does what this one is doing. I want to be in quantum, but I don't want to over-invest or bag-hold a bunch of names long-term. One winner in this space will pay for the losers. But still high-risk, until these Corgi pups grow up and develop a track record. This is categorically NOT, I repeat, NOT a good trading fund (at least not yet) due to the lack of AUM and liquidity, but if you want a basket of the speculative quantum compute stocks, without having to hold all the individual names or stock-pick, then this is the way. Not financial advice, but I'm pointing out what makes this unique among quantum compute funds....
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Don't sleep on this new @CorgiFunds ETF $CQTM - their quantum computing fund. There's a few quantum compute funds already out there, but their assets under management are much larger. Big-name funds need to weight their funds heavily into large cap equities to soak up AUM. But a Corgi-sized fund can ape into the small caps and start-ups. No other fund does what this one is doing. I want to be in quantum, but I don't want to over-invest or bag-hold a bunch of names long-term. One winner in this space will pay for the losers. But still high-risk, until these Corgi pups grow up and develop a track record. This is categorically NOT, I repeat, NOT a good trading fund (at least not yet) due to the lack of AUM and liquidity, but if you want a basket of the speculative quantum compute stocks, without having to hold all the individual names or stock-pick, then this is the way. Not financial advice, but I'm pointing out what makes this unique among quantum compute funds....
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$ASST clearly listened to the advice...
Saylor literally said on the $MSTR q1 earnings call if he was starting a Bitcoin Treasury Company today he would structure it the way $ASST is structured “one common equity, one monthly or semi monthly (Strive The DAILY Dividend Company) variable preferred equity and a big stack of Bitcoin and nothing else (Debt Free)”… that’s a signal. my MSTR position is substantially bigger (850 shares) than my ASST position (2270 shares) but people who are throwing shade at ASST seem to be coming at this topic from the perspective of an emotional fan of a NFL team. $STRC & $SATA are both great products and will only strengthen Bitcoin adoption globally. To the MSTR “only fans”, I will be buying more ASST shares today. TYFYATTM
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Ok, I changed my mind and bought 1 share of $CBRS on the open market. I always prefer a live watchlist. And I'm already up $9 woo-hoo!
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$CBRS IPO is live. What a rocket. I hold some pre-IPO shares ($53/share) but hope to pick some more up. Not at these nosebleed prices though, whoa. IPO summer is now underway.
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Kevin O'Leary's pink flip-flops. I'm dead. 🤣🤣
Shark Tank Billionaire Kevin O'leary says 2 people fighting data centers in Utah are Chinese agents. Turns out its just 2 local girls in Utah, they make a hilarious video calling him the fuck out
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Very few humans share this level of predictive imagination. Amodei and Demis Hassabis stand alone.
There is something philosophically unusual about a person who predicted the future with mathematical precision and then stood in that future, watching their predictions come true and still found themselves completely overwhelmed by it (Save this). That is what Dario Amodei described in this clip, and it is one of the most important things any AI executive has said publicly about what it actually feels like to build at the frontier of this technology. More than a decade ago, Dario and the Anthropic co-founders worked out the mathematics of scaling laws and drew lines on graphs predicting exactly how AI capabilities would grow as compute investment increased. Their 2020 paper became one of the most cited documents in modern AI research showing that model performance scales as a predictable power law across seven orders of magnitude of compute. The roadmap they drew said, spend $1,000 a month on compute and the model will be this capable, spend $10,000 and it will be this much better, all the way up to hundreds of billions with corresponding capabilities at every step mapped out in advance. Every major prediction on that roadmap has come true. And yet Dario said on camera that even having written those predictions down himself over ten years ago, the actual lived experience of watching them materialize is still, in his own words, "so crazy that you're shocked anyway." He is shocked because the human brain is not wired to fully internalize exponential curves, even when it has mathematically derived them and watched them validate in real time for years. Anthropic went from a standing start to a $30 billion annualized revenue run rate in roughly 36 months, and the CEO who predicted the entire thing is still surprised by it. The error most analysts and investors are making is not a research error or an information error but rather a cognitive one. The frameworks used to evaluate whether a company is expensive or a growth rate is sustainable were built for linear businesses, and they systematically underestimate what happens when a technology scales predictably with compute at the rates Dario's original graphs mapped out. The most important takeaway is not the history of scaling laws but rather that the person who has been right about every major prediction for ten years is telling you the curve is not done.
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