Probably more like the top 0.25-0.5% once you factor in opportunity costs. It’s not just about making money, it’s about exceeding 5-8% from...
What the vast majority don’t understand is that the LLM “hallucinations”, going off the reservation in response to prompts, seemingly elementary...
I’ve become pretty convinced that AI is a bona fide bubble, in the sense that LLMs are (currently, and in the medium term) capable of performing...
It's a definite feature of the current year that you see billionaires flying around on private jets, sailing the world on superyachts, and buying...
Is it a conspiracy theory? In 2124, what are the incremental 3 billion new Africans going to be eating? On the plus side, I ate fried crickets...
MSFT is at a PE of 40 - rich, until you consider that EPS more than doubled from 2019-2023. That's not remotely a "crazy bubble", that's just...
Re: stocks, this is basically the same thing permabears have been saying since 2010 and they’ve been dead wrong all the way up. The most you can...
What is the market wrong about, exactly? Which asset(s) do you believe are mispriced?
If you want inflation protection, just buy real estate. Maybe toss in some consumer staples shares or gold. Or better yet, just take out a...
Isolationism re: Ukraine is just idiotic. ChiRussia are our enemies and they are currently bogged down in a stalemated war over nothing. It’s...
Financial markets seem to be getting dumber, if anything - a consequence of the rise of passive funds and viral retail memes. It’s hard to see...
The market was rallying on allegedly bad news all throughout the 2010s - except it couldn’t have been that bad, since earnings grew steadily even...
Got a short-term bear signal and decided to exit my BTC longs on Thursday. The action around the old ATH was disappointing; I was looking for an...
Nothing will “topple” bitcoin. It’ll just run out of convincing bull catalysts/narratives to draw incremental new money, the one-time...
Ags are boom-bust markets. Bad weather or supply upheaval will eventually pass, acreage will explode for the coming season(s) as farmers rush to...
The "Tiktok ban" is just a trojan horse to give the government even more powers of surveillance and control. I think China is a dire threat, but...
Only a fool would short BTC at this time, at least for all but the most ultra short-term tactical play. Fundamental reallocation ETF flows will...
Almost nobody really believed or accepted that interest rates would stay high (and meaningfully positive in real terms) for more than a brief...
Speaking as a longtime skeptic, at this point Tether is a non-issue. The serial con-men and fraudsters who created it gambled everything and won...
8 months more or less correlates with the recent epic surge in equities. To be ultra-cautious I'd wait for two full years of consistent...
Separate names with a comma.