Psyop, cover up, or real affair, whatever the truth is, AI will be treated as a matter of national defense going forward.
It took one really bad day for Wall Street to call it a bottom.
At this point Wall Street is AI. Incapable of an original thought.
I think they get it.
One of the few paradigms in history where:
The last mover > The first mover
Antithetical to patterns you’re used to until you realize that with the inevitability of swallowing everything in its path, it also kills the companies that facilitate it, a result of its hypercompetitive economics.
It isn’t the first mover that wins here,
it’s the last one that survives.
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Time to close those shorts @blknoiz06.
easiest CT alpha i can give yall for this cycle is bid when ppl are calling me a scammer and start taking profit when ppl are calling me the black jesus christ
Reminds me of my time in Indian equities, where the first principle I operate on is the complete opposite to the one I use with western equities, crypto or venture.
I can sum it up by saying: “The best businesses tend to be boring”
For example, my two best investments (>100x) in Indian equities over the last decade have been:
- Company that makes condoms (Cupid)
- Company that makes battery components (Shivalik Bimetal)
In allocating to businesses, you only have two first principles that matter: valuation or cash flow.
Short to medium term, valuations work.
Long term, you need cash flow.
Look at India today
> does no frontier innovation
> up when every other market is down
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Crypto people like to laugh at Buffett and boomer stocks but what an incredible compounding machine over the last few years with little volatility.
papertrade needs to be studied
> launch a ponzi
> everyone knows it's a ponzi and is fine with it
> collect $5.5m in fees from people aping the ponzi
> sell $200k worth of pants to crypto retards
> "wait this might be a ponzi"
> change the rules to nuke the ponzi
> go afk
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For reference, this is what a chip/semi/memory cycle looks like:
1. Demand explodes.
2. Customers panic-order.
3. Chip companies raise prices.
4. Margins explode.
5. Everyone expands capacity.
6. New capacity arrives 12–36 months later.
7. Demand growth slows or customers digest inventory.
8. Prices fall.
9. Margins collapse.
10. Capex is cut.
Happened with computers, then gaming, then the internet (data centers), now AI.
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To put things in perspective, equities lost an entire crypto industry today ($3T).
Anthropic will be the nail in the liquidity coffin (if they proceed with the IPO now)
Say what you will but @gajria has very solid takes at quite accurate timeframes that you proactive trade on
$2,500,000,000,000 wiped out from the US stock market in just 60 minutes.
Democrats just popped the AI bubble.
Update:
If you’re in AI, pivot to crypto.
Keeping on-chain aside,
Hit rate impeccable for the year.
AI top.
Equities top.
Crypto bottom.
Gold exit.
State of macro.
Flow state.
People were laughing at me when I said this.
Top of the Democratic agenda on day 1 needs to be a pause on advanced AI development, regulation of this out of control industry, and a ban on artificial superintelligence.
Unlike any time in history pre-internet, originality required you to prove it.
Now we have timestamps.
The earliest timestamp of an idea is the origin of said idea, and taking credit away from its author just makes you look bad.
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One of the few paradigms in history where:
The last mover > The first mover
Antithetical to patterns you’re used to until you realize that with the inevitability of swallowing everything in its path, it also kills the companies that facilitate it, a result of its hypercompetitive economics.
It isn’t the first mover that wins here,
it’s the last one that survives.
Show more
Bullish AI.
Bearish AI companies.
Today, they do not want you to own any ram, for tomorrow, they do not want you to own your own thoughts.
Sentiment worse now at $80k than when we were at $60k.
