Never really got to explain my reasoning for my $SIVB short - but suffice it to say now if you marked their holdings to market their book value would be negative
META strikes me as one of those setups where it’s going to rip so hard that when it’s done everyone acts like it was obvious the whole time and pretends they were buying the whole way down.
Introducing GPT-Live, a new generation of voice models for natural human-AI interaction.
Rolling out in ChatGPT starting today.
You’ll want to turn the sound on for this one.
Introducing Cloudflare Drop
Drop your folder in the browser and deploy it instantly on Cloudflare. Your website... milliseconds away from users on region: earth
No account needed. Deployment is active for 60 minutes, then expires unless you claim it.
cloudflare.com/drop/
The Fundsmith letter reminded me of this post from a few years ago.
It’s much easier to pontificate about this stuff than put it into practice, though.
If we are being perfectly frank, it’s a lonely position to take to defend the idea that a long will continue to outperform the market once it has already done so in a significant manner for an extended period of time.
It’s much more sexy and fun to be controversial and
NEW: The CEO of an AI giant said again and again: "There is no China supply chain for us."
Trade records, satellites, Chinese filings and even its own suppliers in China say otherwise.
The truth raises an existential threat to Bloom Energy’s story.
Our $BE investigation:
I remember in Q3 2023 we had like a 3 month long drawdown in every important AI name, all the people who thought AI was BS felt vindicated while the ones of us who believed continued buying.
I think that same thing would kill half of you right now.
