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@unusual_whales She is correct in identifying a problem - over-concentration of wealth. But all the solutions she comes up with are much worse than doing nothing.

@Sandeman52 Sorry my mistake, Kevin has a higher cagr, it’s 162%.

@Sandeman52 How is your CAGR way above his when he started 6 years ago and you started 12 years ago? His CAGR is 106% and yours is 58-60%?

You know what’s crazy? This dude Kevin Xu Has 3x more followers than me. I have 4 mill more than him and a CAGR way above his. He charges 200 per month for his “ideas” I charge nothing. Yet I’m way below his follower count. Bro, why are you charging that much if you have that much? What am I missing?

@wealthmatica Welcome to the club

AppLovin. As I mentioned yesterday, I've started a new position. Some of you guessed correctly - it is indeed, $APP. Let's talk a little bit about WHY. Now, this won't be a my comprehensive thesis paper, but it'll be enough for you to chew on - that it should give you full context as to why I've opened this position. Let's prefix this with a quote: "from where we sit, the future has never looked better. We just delivered another quarter where we beat our own guidance." - Adam, CEO I agree with this statement. AppLovin has built this Ad-Engine and ecosystem that is quite brilliant. They have essentially become the marketplace and the intelligence network bundled into one... Specifically for, Mobile Games. DSP, SSP, ID graph and creative studio all under one roof. Literally a comprehensive ecosystem that sells-outcomes and generates revenue for Mobile game businesses. "We're selling revenue and profit to advertisers. So if they're buying profit, they're not going to come and cut the dollar that's driving them the best ROI on their advertising." - Adam, CEO Question is how... Well, I've attached an infographic below to capture exactly how (at the top-level) this business functions right now. - GameDev wants to buy ad-space. - Initiates buying through AppDiscovery. (DSP) - SparkLabs handles the creative video ads. - AXON 2 engine handles ID matching. - AXON 2 engine then pushes ID resolution to MAX (SSP) - MAX is the open auction ecosystem where buyers can BID on available ad-space/impressions in real-time. AppDiscovery is also an active bidder on this same inventory... Yes, $APP runs the open auction AND bids on their own auction platform... - AppDiscovery wins a bid and MAX auto-deploys via an SDK integration. Once that ad is deployed, every ad informs the AXON 2 engine about the interaction (aka, did the viewer click, download etc etc). Each of these experiences improve the AXON algo. Now some of you may be overwhelmed, but this isn't that complicated! $APP is the: - Buyer representative: AppDiscovery - Intelligence Engine: AXON 2.0 - Seller/Auctioneer: MAX You may say, wait, is this an unfair advantage? perhaps! AppDisovery allows $APP to see what devs want and are willing to pay. MAX platform allows $APP to see every bid from all competitors (Google Admob or Meta) - FYI MAX has a ~60% market share of Mobile ad auctions. AXON 2 allows $APP to understand the ID, their habits, hit rate and value. Every auction, win or lose - feeds AXON 2 more training data. The flywheel widens the MOAT with literally every impression. So, in theory - $APP can always out perform and out-bid their competitors for high-valued opportunities found on the MAX platform. Brilliant. Now, the forward looking opportunity. Why did Adam say that "from where we sit, the future has never looked better"? Enter, the open-web. $APP has decided to bridge into a new competitive realm, and challenge critics that have said "this is a niche" and "they're at the mercy of App ecosystems like Google Play or the AppStore". The open-web is AppLovin breaking free of this criticism and into a new TAM. $APP has decided to take the AXON engine and make it available for consumers - think brands, SMBs or e-commerce opportunities. Example... Reference the right hand side of the flow chart below. - Shopify SMB wants to advertise. - AXON Ads Manager is self-serve, they can use it. - Creative Assets are auto-populated for the SMB. - AXON 2 has an expanded inventory for ID matching. - Mobile games, Connected TV, or Open-web (like blogs). - AXON 2 identifies the bets opportunity. - Ad is activated on one of the surfaces. - Consumer interaction is archived for AXON training. This breaks $APP free of the 'AppStore' chains and into the highly profitable world of the open-web. This is where potentially true deterministic ID resolution is achievable - no-more ML patchwork required. What screams opportunity for me, is the likes of CTV, or connected TV. Think of this like ads on Amazon prime, with a call-to-action button that allows the user to send a product to their phone after seeing it on Prime Video. $APP wants to create something similar. Well it just so happens, $NFLX recently announced their CAPI - or conversion API. This API allows a DSP like AXON Ads Manager to verify the conversion (did the viewer click and buy/download?) This is a fantastic vertical for $APP to scale into - and yeah, it's just one of many. I think this business model is fantastic, and has the ability to scale $APP into one of the largest DSP/SSP/Consumer Intelligence engines on the planet. Some of you may be confused on concerned about my $ZETA position - you're probably asking, does this conflict? Short-answer; right now - no. Long-term, maybe. $APP right now, is focused on SMBs - not specifically the enterprise. They're partnered with $SHOP to have a comprehensive SDK that allows them to farm SKU data from SMBs POS interactions. Adam said this himself... "When we open up our platform in June and start pursuing our mission of helping all the businesses in the world add another material marketing channel ... We've always said we want to help the smaller businesses scale." - Adam, CEO So for now, $ZETA and $APP remain in two completely different lanes. They both could provide deterministic ID resolution for their clients, but their customers are of a different class. - $ZETA owns robust data capture rails across the open-web. - $APP is breaking into this space and will be building their very own social media platform that plugs into their well oiled machine. @CapexAndChill remains to the $APP expert I refer to. This is a company that I am studying - comfortable enough to start a position with confidence, but I do defer to his expertise. I'd recommend you to follow him for more $APP content. Anyways - the future is very bright for both of these companies and I'm comfortable holding each long-term. I expect to scale this position to 2nd or 3rd largest in my portfolio. This is not investment advice. Cheers, Nick. $APP

@foliotrail @mcF_dan What math is this?

@mcF_dan Absolutely. But in terms of total capacity 60MW is "only" 12% of the 5GW portfolio.

No big deal announced for $IREN - disappointing? yes. Patience. I know Dan is trying to ink the right deal for us. From our side it feels like forever, but long term we want to avoid being bullied by Hyperscalers/AI lab. Otherwise the capital flywheel breaks.

@danroberts0101 @Mario20253035 I love you

A big day. Earnings call will proceed as scheduled in 20 minutes. $IREN $NVDA nvidianews.nvidia.com/news/nvidia-an…

@TrixStar76 @jimcramer Less time posting. More time reading about what they actually do.

HAPPY BIRTHDAY IAN! 8 today.

"Just close the f*cking door." - Jerome Powell

@EndicottInvests Bad @chrismd10 bad

Trolling 😉

$IREN built their first ever rack of GB300s Congrats team!

@dsteinberg10000 @ZetaGlobal Can’t wait for the earnings. $zeta

Literally standing room only for an Athena demo with potential clients, doing this all day for 3 days of Possible . Crushing it. @ZetaGlobal $zeta LG 🚀🚀🚀

@seiyaposting I hope the young viewers who fall for this shit and the guy doing this both get impaled by the spikes

@StonkChris @alphacharts365 You have a specific name in mind?

@alphacharts365 AI data centers (Bitcoin miners)

Outside of semiconductors, what is your favorite sector?

This is Australia’s finance minister.

@Daractenus I'm going to tell my accountant that I have a different way of calculating my taxes.

Selling AI for businesses? This is the marketing masterclass.

The best part of bullying Brits online is if they reply back they get arrested

i havent laughed at a video this hard for years lmao