Comprehensive list of hedge funds blowing up this week, getting large redemptions, or shutting down PMs: - Axebrook - Walleye - Engineers Gate - Lone Pine - Millennium internal pods - Verition pods - Samlyn Letter from Walleye closing internal funds below

Checking the white house today: It is giving me 2021 Capitol Hill deja vu. Trump is in denial not of the election but of the Iran war this time. At midterm rallies, every single Democrat is calling for an end to this war and every single one of them pretends not to know the 7-point condition set by Iran let alone calling on Trump to sign the deal. I rarely disagree with the market but this time I do.

Google is investing US$15 billion in data centres in Sungai Buloh, Puncak Alam, Serendah and Port Dickson. Do these places ring a bell? The biggest beneficiaries of the global semiconductor boom? South Korea, Taiwan & Malaysia.

Google is investing US$15 billion in data centres in Sungai Buloh, Puncak Alam, Serendah and Port Dickson. Do these places ring a bell? The biggest beneficiaries of the global semiconductor boom? South Korea, Taiwan & Malaysia.

Most existing data center capacity is held by CSPs, while most new capacity in Texas is being added by neoclouds. CSPs can also add capacity outside the U.S. (see $GOOG recent 15bn investment in Malaysia)

I accidentally discovered how to compress a semester of learning into 48 hours. A grad student at MIT showed me his NotebookLM setup. I thought he was just organized. Then I watched him pass a qualifying exam on a subject he'd never studied before. Here's exactly what he did: First: he didn't upload a textbook. He uploaded 6 textbooks, 15 research papers, and every lecture transcript he could find on the subject. Then he asked NotebookLM one question: "What are the 5 core mental models that every expert in this field shares?" Not "summarize this." Not "explain this topic." Mental models. The stuff that takes professors years to develop. But the next part is what broke my brain. He followed up with: "Now show me the 3 places where experts in this field fundamentally disagree, and what each side's strongest argument is." In 20 minutes he had a map of the entire intellectual landscape of the field: the debates, the consensus, the open questions. Most students spend a full semester just figuring out what those debates even are. Then he did something I've never seen before. He asked: "Generate 10 questions that would expose whether someone deeply understands this subject versus someone who just memorized facts." He spent the next 6 hours answering those questions using the source material. Every wrong answer triggered a follow-up: "Explain why this is wrong and what I'm missing." By hour 48, he could hold a conversation with his thesis advisor without getting destroyed. The tool didn't change. The questions did. Most people treat NotebookLM like a fancy highlighter. These students are using it like a private tutor who has read everything ever written on the subject. The difference between a semester and 48 hours isn't the amount of content. It's knowing which questions to ask.