chaoscap

@P_Remarks All you do is complain

@SunspotTom @houseofala Cool story I make $60k with two jobs

@DigitalAssetAd_ @houseofala $225k. But these things come in stages. 5y ago 85k one income second kid. I stayed home for 6 years. Forced frugality teaches cooking and restraint. But if too poor to buy house saving money good.

The “elites” are actually attractive upper middle-class women in America. The true aristocrats. Living in a perpetual state of peak leisure. The military might of the state is behind her if she even gets looked at the wrong way. Six figures for emailing. Dates and parties and bachelorettes in a nonstop flow, each event yet another opportunity to look hot and wear a new outfit. It’s socially illegal to criticize or shame or question them. They don’t know how to cook and they don’t care. That is for the slaves. $7 iced coffee on the way to Pilates. Cute marketing girlies are the real fascists, the latest-stage capitalists, the corporate behemoth, the real powers-that-be

@SunspotTom @houseofala “Are you so poor” Yes, most people are not making $150k

@houseofala Are you so poor you think what people do with 100-300k income do is special? We do the same thing as you. Same grocery stores, kids clothes from target, food budgets and complaining about gas. 100k is not elite. 150 is the new middle middle class.

@SowingAlphaSeed @zerodarkcb @altcap @daveneur If you are long $META from $20 then short from $700 it is not even close to the same tax situation

@DigitalAssetAd_ @zerodarkcb @altcap @daveneur The act of shorting the same stock functions as a taxable event for the long. Doesn't help with taxes.

Hey Brad @altcap, you mentioned in January in an interview that you no longer held any Meta shares. The latest 13F came out and shows Meta as a 19.6% portfolio weight. So have you gotten back in for Meta? What shifted? You were optimistic for Meta AI in your May 5 CNBC interview.

@zerodarkcb @altcap @daveneur Could be far cheaper than paying the cap gain

Boxing is mostly to get around lock ups or to give the impression you do still own something (e.g. post IPO to keep window dressing). Why box a standard long position, especially with such size? Especially when you have to pay the borrow cost (which is minimal with a name like META, but still)

@Joy678320811181 @johnbarker @UnicusResearch Disagree, look at the time post Industrial Revolution, massive civil uprisings everywhere on some ways it lead to our own civil war. Things will get ugly before things get better.

@DigitalAssetAd_ @johnbarker @UnicusResearch This will be much quicker than the industrial revolution. I mean just look at the improvement in the past two years. Its exponential. The biggest threat is cyber security, but so long as there is not an AI powered attack that cripples society, we should be alright.

This is not good. This is very, very bad.

The jobs that the Industrial Revolution created weren’t immediately available it took decades for them to appear. So people entering peak earning years losing their jobs aren’t going to get an immediate replacement. The time following the Industrial Revolution was not very kind to most people. Over time yes this will be great, short term no bueno.

@johnbarker @UnicusResearch How is it any different than the industrial revolution? Like yes, some jobs are going to disappear, but the opportunities that are going to arise and the speed of progress is going to go parabolic.

@TMTLongShort $BRKR $TMO $DHR $TECN.SW $MTD $SDGR $A $WAT $ENTG $AVTR $MKSI $SXS.L

When I say bottlenecks I don’t just mean memory, optics and wafers. What does it take to 100x capacity of automated wet labs? What will we need to close the loop between a datacenter and testing new material sciences? Imagine the demand. Figure out what the labs optimal economic path function is. Identify who has first dibs on supply.

@SebastinPatron3 @BillAckman @patientinvestor You obviously don’t know how 13-Fs work

@BillAckman @patientinvestor $MSFT already up 3+%. $GOOGL down -1.05+%. Why don't you tell us before you place the trades instead of looking for retail to chase your positions?

Chris Hohn sold 83% of Microsoft & Initiated a position in Google! $MSFT $GOOGL

@CalisthenicKyle Great way to develop metatarsal and plantar issues

Bulletproof your knees, feet, ankles, & toes by micro Jumping in your living room every morning. By far the best ROI on your time. Builds explosiveness, bone density, & cardio, all in one free simple exercise. Train barefoot on a hard surface.

@RampCapitalLLC Top

Funny how everyone who missed out on AI stocks suddenly thinks we’re in another dot com bubble

@blumenTrading @OnlyTicks @TheOneLanceB @smbcapital You probably have never read a book

@OnlyTicks @DigitalAssetAd_ @TheOneLanceB @smbcapital Fuck me nice to see someone call out these people for what they are, Sheepol.

IF CLAUDE/AI IS SO USEFUL, WHY ARENT PNLS GOING UP? I just made an important point on the @smbcapital call. You can’t go a day without reading tweets about traders using Claude. For 6 months now, Claude has been the talk of many trader calls. Yet from what I’ve seen, it’s not translating to pnl for most traders. Why? Because almost always, more data and information is NOT the constraint. The traders that outperformed in April did so because of their systems and execution. It isn’t that Claude and AI shouldn’t be used or isn’t at all useful. But AI and Claude can become a distraction AWAY from the actions and changes that actually matter and translate into PNL. If I were a betting man, Claude might have improved workflows for traders, but net, it has probably reduced trader pnl through distraction away from what matters.

@OnlyTicks @TheOneLanceB @smbcapital Excited to read you in the next market wizards book

“reduced trading pnl for most traders?” Quite literally the DUMBEST and most autistic take of the year holy shit. That’s like saying “i bet if i deploy an extra team of quants to this hedgefund, they may get distracted and make less trading pnl”. Literal lol wtf. Trading is first and foremost a research game. If your research involves “i gotta do my dRc gUySssss in evernote”, versus the guy who’s harnessing the raw power of 100 agents that can test any idea you can think of in less than 24hrs, then you’re literally going to lose money to that guy. The only people i see on here shitting on AI are the people who have never touched a terminal in their entire lives and just dont understand the power of speed. AI is the equivalent of chanting a magic spell to a man-made genie and having jt conjure up exactly what you asked for. But yes such a genie would be so useless to a trader whose entire job is to perform research. But good luck with your trading endeavors though Mr. bitterstein

@realroseceline Has had multiple opportunities to put the cash to work since Covid, didn’t.

My thoughts on $BRK People overcomplicate $BRK because they try to value every piece perfectly down to the decimal. They debate price to book, intrinsic value formulas, and build giant spreadsheets modeling every subsidiary. Meanwhile I look at it much more simply. $BRK has roughly $400b in cash and around $300b in stocks. That’s about $700b right there between cash and equities alone. So when the company is worth around $1t, you’re basically paying roughly $300b for everything else. That includes the railroad, the energy business, insurance operations, manufacturing, distribution, service businesses, and one of the greatest collections of operating assets ever assembled. And honestly I think people massively underestimate the value of the insurance float. The float is one of the greatest financial assets ever created because $BRK gets access to enormous amounts of capital at extremely attractive economics. Most people do not fully understand how powerful that becomes over decades. That float has quietly fueled one of the greatest compounding machines in financial history. But the part that fascinates me most is the discipline. Almost every CEO on earth would have cracked by now sitting on $400b of cash. Most management teams would feel pressure to force acquisitions just to appear active. $BRK has basically said if we cannot find something intelligent to buy at scale, we are willing to wait. People look at the cash and think it’s dead money, but optionality matters. $BRK effectively owns a giant call option on future chaos. When markets panic and liquidity disappears, $BRK becomes one of the only entities on earth capable of writing enormous checks instantly without relying on financing markets. That is a huge strategic advantage. The other thing people miss is how rare true permanence is in capitalism. Most corporations optimize for optics. CEOs rotate, incentives change, cultures decay, and strategies constantly shift depending on sentiment. $BRK was built differently. It was designed almost like an anti Wall Street structure where long term thinking itself became the competitive advantage. In many ways that culture may end up being Buffett’s greatest creation, even bigger than the stock portfolio itself. A lot of companies talk about long term thinking. $BRK actually structured the organization around it. I also think people misunderstand what $BRK really is. They think it’s just “an insurance company that owns stocks.” But $BRK is basically a giant ecosystem of real world economic activity. Railroads, energy infrastructure, manufacturing, freight movement, insurance, distribution, consumer spending, and financial assets all under one umbrella. In many ways it’s almost like owning a miniature version of the American economy. But unlike an index fund, the capital allocation is centralized under highly disciplined operators. You get diversification without complete chaos along with durability, liquidity, tax efficiency, reinvestment flexibility, and world class balance sheet. And honestly the most underrated asset may simply be trust. If $BRK calls during a crisis, people pick up the phone. If $BRK wants to buy a family owned business, sellers trust the company will preserve the culture and operate responsibly. I also think people are underestimating Greg Abel. Nobody is Warren Buffett and nobody ever will be, but that doesn’t mean $BRK suddenly stops being $BRK. Greg already understands the culture, operational discipline, and capital allocation philosophy better than almost anyone alive. That’s why $BRK almost a forever asset or a savings account on steroids. No, it’s not going to triple overnight and no, it’s not some hyper growth AI stock. But when I look at over $700b between cash and equities, elite operating businesses, insurance float, fortress balance sheet strength, world class reputation, and disciplined reinvestment talent, I have a hard time viewing it as expensive. 🌹

@DavidSacks @mikebelshe And yet GDP only growing 3% annualized all the growth in the country going directly into the tech oligarchs pockets congrats!

I’ve been saying for awhile that AI capex will be a 2% tailwind to GDP growth this year. In fact, according to a new report from Morgan Stanley, the numbers are even stronger — more like 2.5% this year and over 3% next year. And this understates the impact of AI for two reasons: (1) This is just investment by 5 hyperscalers; it doesn’t include all the startups and other companies investing in AI. (2) Capex is the investment to create the token factories; it doesn’t count the economic activity resulting from what happens inside the token factories. Those tokens are now being used to generate code (bespoke software) that will increase productivity throughout the economy. The ROI on capex is likely to dwarf the capex itself, which is why investment continues to grow. In Q1, AI was already 75% of GDP growth. That trend is likely to continue. Technology leadership has always been America’s great strength, and it’s driving the economy forward. Polls may show that AI is not popular, but economic growth is. At this point, stopping progress in AI would be equivalent to halting the U.S. economy.

@McDonaldsXBT It’s Florida this can change in moment

@LexerLux Meth addicts say the same thing

Why the fuck is anyone on ozempic. Adderall does all of this for 1/5 of the cost plus you can jack off for 8 hours straight

@_LittleFire1 @donnelly_brent “Desperate”

@donnelly_brent Why are people so desperate to call tops?

Slingshot reversal in Brent Crude and The Economist telling us oil is too low. Could be the top in crude.

@BickerinBrattle You are a fuckin retard

In dot com the first to go were large cap financials. WFC to 50 and JPM to 240. Game on.