researcher

life is 10x better when you're obsessed w/ building something

@ResearchSOIC @pangram slop?

feed is good

If AI is doing the writing, it should do the reading too.

hi

Since CPI is either going to be a clearing event or a thanos snap event, I figured it might be a decent time to be helpful. If you’re relatively new to investing, then you’re bound to learn about what happens when your portfolio goes down. Now, this is coming from someone who’s portfolio is up a paltry 20% YTD and hasn’t been gunning it on risk recently. Although also someone who’s been trading and investing their own money for the better part of a decade and has managed to not go bust (except for one, very painful time early on). If you’re constructing a portfolio it’s important to realize it is its own position rather than a collection of positions. A stock is not just a company but the sum of its valuation, shareholder base, its sensitivity to liquidity, crowding, financing/rates and its catalyst calendar. High beta stocks are often five different trades in one ticker. You should always have a working idea of your “tilts”. Does your portfolio go up/down more if tech rallies, if certain countries outperform, if a specific thematic is validated etc etc. In general, you should not have a portfolio of 20 different stocks that all act the same. You might think you won’t, but getting the value of your book cut in half will make you do stupid things. (As an aside, this is also why even though buying the dip is generally a good strategy, progressively buying the dip early into a drawdown can make you mess up at the exact lows.) High beta stocks come in all shapes and colors but in general they are selling the distant future. In good markets, the time out to that future is cheap. In bad markets, you start paying rent. That rent tends to appear as a lower multiple even while estimates stay the same. A lot of times people will tell you the only thing that matters in a drawdown is “is the thesis intact?”. That’s one aspect, the other two are “how have expectations changed?” and “did you size like an idiot?”. Don’t average down just to improve your cost basis, the market doesn’t care about your cost basis. Only add if you can truly underwrite the expected return improving, and that means taking a view that goes beyond a default return to multiples that may be unsustainable. Price can become a fundamental and technical sell offs can manufacture fundamental problems - reflexivity cuts both ways. The best question you can ask yourself in a drawdown is “from here, what is the range of outcomes and what’s the best use of the next dollar?”. If early in a drawdown you note that every time one sector goes up your portfolio goes down, it could be a decent idea to add exposure to that sector. The ultimate goal is not to avoid every drawdown but to make sure no single drawdown takes away your ability to act on real opportunities when they arise. No amount of truisms will help make anyone a better investor, but there is something you can do right now. If this is one of your first few drawdowns, you can observe how you react. Take notes on it. Find out what mistakes you make and then optimize your portfolio, sizing, strategy etc to compensate for those shortcomings. It’s a lot easier to do that than try to fight your own psychology - and anyone who pretends there’s a one size fits all answer to that is lying.

You won’t get rich just working hard, but if you don’t work hard, you won’t get rich.

Rest assured that GPT 5.6 Sol will stay in the ChatGPT subscription you pay for. Including Go, Plus and Pro subscriptions. At least until we ship an even better model.

Conviction is when you are frustrated that a stock is not down more.

I solved the model picker problem, no need to thank me Tibo

how to build a bootstrapped startup without funding: 1. pick a problem you personally have. if you don't use your own product daily, quit now 2. skip the pitch deck. open your code editor. ship something ugly in a weekend 3. charge money from day 1. free users give you nothing but support tickets 4. use boring tech. PHP, SQLite, vanilla JS. frameworks are a trap that mass waste your time 5. host on cheap VPS ($5-20/mo). not AWS. you don't need kubernetes for 1,000 users 6. do customer support yourself. it's the fastest product feedback loop that exists 7. automate everything you do more than twice. cron jobs > employees. 8. grow on Twitter/X by building in public. your journey IS the marketing 9. keep your burn rate near zero so you never need to raise. ramen profitable > series A 10. say no to investors, cofounders, and "advisors" who want equity for intros i've been doing this for 10+ years now. no employees, no funding, no board meetings the entire VC game is designed to make you think you need permission to start you don't

Introducing Claude Tag, a new way for teams to work with Claude. In Slack, Claude joins as a team member with access to the channels and tools you choose. Tag Claude in and delegate tasks to it while you focus on other work.

lmao

there are a lot of benchmarks that suggest 5.6 sol is the best model in the world right now, but the most reliable way to tell is that elon is obsessed with me again

homeboy you're the one sellling public market investors on short-term space datacenters

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Bridgewater used their unique financial knowledge and partnered with us on @tinkerapi to fine-tune a model that helps their analysts focus on what's important. Experts improving AI that empowers experts. thinkingmachines.ai/news/learning-…

this looks ai generated