Jordan St-Pierre

There is $416 billion of Canadian federal government debt maturing this year. Best keep an eye on that yield curve! 👀

Still thinking about this chart, wherein NBA is most concerned w/optimizing shots - at cost of entertaining gameplay - and since doing this viewership is down significantly. Is what happens when you let spreadsheet-brained NPCs run everything -music, movies etc all made boring

There is no AI bubble. But there are many small bubbles of highly inflated expectations that simply won't meet reality. Right now there's this idea that all "data center" builders like $NBIS $CRWC $IREN $CIFR $GLXY etc. are the same and people take their "contracted" capacity, slap the highest possible forward multiple on the highest margins imaginable and think it's an obvious arbitrage play. It's NOT. The space is super attractive. But don't think for a second that all these companies are the same. They have different managements, different balance sheets, different skills, different access to capital and most of them have valuable resources but no hard moats, meaning they can get royally screwed and there are real risks. I think both statements are true: a) the space will grow insanely quickly and is based on strong fundamentals b) many data center builders will leave investors burnt, because expectations are as if there will be no massive fails. If you invest in these companies you shoukd absolutely do a lot of research and not just trust guidance blindly!

Worse Worsen Worsening.

For those who aren't away, RGTI's stock price was $0.79cents a year ago. It is now $42 dollars. Over 50x returns while their revenue has went down and their own CEO said don't expected any meaningful revenue over the next few years. Mass hysteria has entered the quantum market - this won't end well. $rgti $ionq

Dollar index. As Europe faces severe headwinds, government turmoil, bond erosion, and rising debt servicing obligations, the dollar index is poised to rise in the coming weeks. Hope this helps.

Matt Levine sums up the absurdity of the current economic situation; OpenAI and AMD have entered into a, well, interesting business and partnership.

Berkshire Hathaway vs SPX since the April lows. Do you think Warren is feeling FOMO or licking his chops?

Germany has proposed raising the retirement age to 73 to prevent the collapse of the pension system, per Reuters