Portfolio manager at coolabahcapital.com and AFR Contributing Editor

Joined July 2009
671 Photos and videos
christopher joye retweeted
America is building rockets that can go to Mars and is taking AI to new levels. Meanwhile, in Britain, our Government is banning underfloor heating and wants to regulate our use of towel rails. I despair for our future under these student socialist imbeciles.
Jun 12
Ed Miliband imposes new net zero restrictions on underfloor heating and towel rails gbnews.com/money/ed-miliband…
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christopher joye retweeted
In his entire adult professional career, Anthony Albanese has NEVER had a job outside the Labor Party. Career politician, wrecking Australia. #australia #labor
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christopher joye retweeted
I’ve had a number of conversations with folks inside and outside government about the current situation with Anthropic, and here is what I believe to be true: — As we know, Anthropic publicly released its Mythos class models earlier this week under the commercial name Fable. — Fable is Mythos with guardrails. But if those guardrails fail, then you’ve exposed Mythos and its advanced cyber capabilities to people who shouldn’t have them. (Keep in mind that Anthropic itself widely promoted the idea that Mythos was a cyberweapon and needed to be regulated as such. They asked for government regulation of Mythos and championed the guardrails on Fable. If there is a vulnerability — big or small — it is Anthropic’s responsibility to patch.) — A highly credible trusted partner of both Anthropic and the USG who was testing Fable came forward with a jailbreak of those guardrails. The Admin asked Dario to fix the jailbreak or de-deploy the model. Dario refused. — In their blog post, Anthropic defended its decision by saying the jailbreak isn’t serious. That is not what the trusted partner and the USG believe; nor is that kind of minimizing language consistent with Anthropic’s brand as the AI safety company. It’s difficult to fathom how they could claim a jailbreak allowing operability of a cyber weapon could be defined as not “serious.” — In the past, Anthropic has always said that safety must be top priority and taken super seriously. In this case, Anthropic prioritized the continued offering of the consumer model over safety. — In reaction, the Admin issued the export control. The Admin did this reluctantly. It’s been very surprised that Anthropic hasn’t wanted to cooperate with a reasonable safety request (ie fixing the jailbreak issue). Anthropic’s reaction is very much at odds with their branding and ethos as a safe AI research community. — The Admin’s hope now is that Anthropic remediates the safety issue, the export control is lifted, and Fable goes back into general release. The Admin wants all of this to happen as soon as possible. It is frankly bewildered that Anthropic hasn’t wanted to comply with safety requests that it previously said were its highest priority. — Those trying to misdirect and tie this action to the prior DoW/Anthropic issues are wrong. The Admin values Anthropic’s technical capabilities and feels that this issue, while serious, should be easily resolved. The ball is in Anthropic’s court.
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christopher joye retweeted
Not satire.
Elon: Hits $1 trillion. Democrats: “Wish we could steal that.”
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christopher joye retweeted
If Space X was Australian every single one of those employees would be taxed at 47%! Their reward for taking the risk and the effort to becoming successful! Fortunately for them they aren’t in Australia. The Australian Labor Gov thinks it’s their right to this money! 47% of $2T certainly pays off their $1T debt bill pretty quickly! Unfortunately for them Australia will never have a Space X and the gov will miss out of 23.5% of any CGT that would have come in to pay off the debt! Time to leave Australia any aspiring entrepreneurs @GeoffWilsonWAM
Elon Musk criou, em um único dia, 4.400 novos milionários. Quase 400 deles ultrapassaram os US$ 100 milhões. Não são banqueiros nem investidores de risco. São funcionários da SpaceX: soldadores, técnicos, mecânicos e até funcionários da cantina. Durante vinte anos, a empresa pagou gente de todos os níveis com ações, não só com salário alto. Quem produziu colheu. Juan Hernandez, imigrante mexicano, aceitou um emprego de soldador por US$ 28 a hora em 2015, sem nem saber direito o que era a SpaceX. Recebeu uma pequena participação de US$ 10 mil e pôde comprar mais por desconto em folha. Hoje sua fatia vale US$ 880 mil. Trevor Hise ignorou os conselhos dos pais para pegar um emprego “seguro” na General Electric. Escolheu a SpaceX, ficou 12 anos e acumulou mais de 100 mil ações. Ao preço da listagem, são US$ 13,5 milhões. Aos 37 anos, ele já pode se aposentar. Palavras dele: “A magnitude disso é ridícula.” O detalhe mais eloquente veio antes mesmo da abertura de capital: mais de 100 funcionários se uniram discretamente para contratar uma gestora de fortunas capaz de cuidar de até US$ 5 bilhões. Muitos nunca tinham precisado de wealth manager na vida. Há décadas os IPOs de empresas de tecnologia enriquecem programadores. Desta vez, o dinheiro chegou ao chão de fábrica. Isso é capitalismo de verdade: quem arrisca, quem trabalha e quem entrega valor colhe frutos proporcionais. A esquerda odeia esse tipo de história. Porque ela prova que a verdadeira ascensão social não vem de dividir a miséria alheia, mas de criar riqueza que eleva quem tem coragem de construir.
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christopher joye retweeted
Ro Khanna is worth $230 million! How about you donate $200 million of that first before you talk about stealing anyone else’s money!
Musk is worth more than South Africa’s GDP. @BernieSanders and I proposed a 5% tax on people like him. In one year, it could fund: - free public college & trade school -$10/day childcare - Special-needs education nationwide Wealth inequality is the moral failure of our time.
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christopher joye retweeted
I know how Elon Musk became a trillionaire, but I don't know how Bernie Sanders, Elizabeth Warren, and Nancy Pelosi became millionaires.
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christopher joye retweeted
Is she actually lecturing us about rich people from the back of a limousine 🤣
Elon Musk just became the world's first trillionaire. This needs to be a wake up call.
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christopher joye retweeted
The # of leftists who have just shown us that they don’t understand, or worse pretend not to understand, economics is staggering. If you expropriated (stole) 5% of Elon’s stock you have to sell it, then use that cash to compete with other goods and services in the economy. We need to do less of something else (consumption) to do more of whatever it is you want to do. The funding source is irrelevant to the existence of this tradeoff. Oh, and because it’s still most of the consumption, most of the pain of this tradeoff would, as usual, not come from the super-rich, but from the people you pretend to care most about (or you’re just that dumb). Elon is not sitting on a pile of unused health care you can take and hand out.
A 5% tax on Elon’s net worth would fund every community health center in America for the next 26 years. I’ll say it again. Tax the rich.
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christopher joye retweeted
Within ~5 years, probably ~5 times as many satellites as rest of world
They did it. SpaceX has now launched more satellites than the rest of humanity, combined, all time.
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christopher joye retweeted
Net worths of politicians whining about Elon Musk’s fortune from SpaceX: 🔵 Ro Khanna: $250 million (inherited) 🔵 Gavin Newsom: $30 million 🔵 Elizabeth Warren: $12 million 🔵 Bernie Sanders: $5 million (plus 3 houses) A bunch of virtue signaling hypocrites.
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christopher joye retweeted
I am filled with optimism at the fact that the world's first trillionaire was made not by hedge funds or market manipulation, but by building the infrastructure to take America to the stars.
Feels very epochal.
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christopher joye retweeted
Congratulations @ElonMusk. Thanks to SpaceX's IPO, he's the first Trillionaire. He didn't TAKE money from anyone. He CREATED wealth. He launched satellites that connect even the poorest, most remote parts of the world. Our world needs more MAKERS like Musk; fewer TAKERS like:
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christopher joye retweeted
As an employment lawyer & entrepreneur who’s built a business employing hundreds, I call bullshit on scrapping the CGT discount in the name of ‘fairness’. Labor claims it’s about ‘balancing labour and capital’ yet politicians, public servants and academics get taxpayer-funded super at 15.4–17%, while private sector workers get just 12%. Their excuse? ‘It’s part of their package.’ So why punish risk-takers and job creators, but protect special tax incentives for the political class? Chalmers, Albo - care to explain?
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christopher joye retweeted
When I give my savings to @elonmusk they multiply. When I give them to you and all of the US government, they disappear.
Elon Musk just became the world's first trillionaire. The typical American household would have to work more than 11 MILLION years to make Elon Musk's level of wealth. We need a wealth tax.
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christopher joye retweeted
Remember, you can outright lie, just rebrand it to " I Changed my view" and all is forgiven.
Jim looks like a naughty boy who knows he is in trouble.
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christopher joye retweeted
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christopher joye retweeted
Today I learned $1 Trillion in wealth is excessive but $40 Trillion in debt is totally cool… 💁‍♂️
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christopher joye retweeted
This is exactly why the rushed Senate "inquiry" is a farce. @TheRealDavey2’s detailed submission exposing the CGT hike as economic vandalism still hasn’t been published, just days before Monday’s hearings. His is a full takedown of the lack of mandate, the assault on investment/productivity/wages, the misleading justifications, and how this Bill drives capital into housing while punishing enterprise. Labor is ramming this through because it won’t survive honest scrutiny. @AuSenate must reject the CGT increase on non-property assets. #LaborTaxRaid #ScrapTheCGTHeist
The Labor-controlled Senate inquiry into the CGT increase still hasn't made my submission public. Hearings are on Monday. I can only assume it's because my submission is highly critical of the change, and the process.
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christopher joye retweeted
Commentary | The Prime Minister seems oblivious to the social and political revolution that’s under way in Australia. Read the full comment: bit.ly/4e6lIif
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