Jared Vennett

@SahilKapoor 1. There is no singularity in Method to madness 2. Rather be transparently wrong than opaquely right 3. Biases are universal - at least be true to yourself 4. Never say never - ask at what price? 5. Investing is easy - life's difficult

@avigyanofficial @stepbystep888 Ofc. Otherwise the delusion continues. You make yourself feel good while having double whammy to your purchasing power

@stepbystep888 What about the liability side of a typical Indian household’s balance sheet? I mean, if someone measures their MF returns in USD and complains, do they also revalue their home loan, car loan, or personal loan in USD?

Why 99% of the Indians should not measure mutual fund returns in USD terms? 1-April-2025: USDINR = ₹ 85.60 31-March-2026: USDINR = ₹93.48 Depreciation of around 9.20% Returns in USD: 🔸PPF - negative 🔸Sukanya Samridhi Yojana - negative 🔸National Savings Certificate - negative 🔸Fixed Deposits - negative 🔸Recurring Deposit - negative 🔸Senior Citizen Savings Scheme - negative 🔸RBI Floating Rate Bond - negative 🔸Tax free bonds - negative 🔸National Pension Scheme - negative 🔸Traditional Insurance policies - negative 🔸Guaranteed Insurance plans - negative 🔸Annuities - negative 🔸Unit Link Insurance Policies - negative 🔸95% of the NCDs - negative Either the whole portfolio (including these instruments) should be measure in USD or everything should be measured in INR. Why only Mutual Funds??? Why abuse fund managers, mutual fund houses and intermediaries? Am I missing something? Happy to hear your thoughts.

Details of India's semiconductor manufacturing projects are scattered across hundreds of press releases, news reports, and government announcements. There's also a lot of hype and misreporting. So I built a tracker using Claude Code to fix this. It scores each project on technical complexity (benchmarked against a 3nm fab), tracks slippage from original announced dates, and links every data point to its source. It's open source. If you have a status update, a correction, or know about a new facility, there's a form to contribute. Let's build this together.

@SahilKapoor @dspmf Finally.

We Don't Know What Happens Next. That's ok.

Stanford @CS153Systems, Week 1 (Full Lecture) AI Scaling, Bottlenecks, and Why Compute Isn't a Commodity Yet 00:00 Compute Coachella 00:29 Simple Life Heuristic 01:08 Uncertainty Creates Opportunity 01:42 Four Bottlenecks Framework 01:51 Empirical Proof Matters 02:05 Cloud Costs Are Shifting 02:15 Verifiable vs Fuzzy Progress 02:48 Scaling Predictability Explained 03:43 CapEx Explosion in Big Tech 04:06 Chips Aren’t Commodities 04:45 Compute Scarcity Conclusion

Whodunit

@aravind Dumb take 🤮

For investors in Indian markets: Short-term capital gains tax (stocks held <1 year) went from 15% to 20% two years ago. Long-term capital gains tax (held >1 year) went from 10% to 12.5% two years ago. And FIIs outflow since then: 2025: Record ₹1.66 lakh crore net - the highest annual FII outflow ever recorded in Indian markets. 2026: ₹1.51 lakh crore net just year to date. Just a 2% increase matters a lot if you are an FII investing billions. FIIs invest in India because of high growth opportunities, but a depreciating rupee and an increase in taxes means they may move out their capital. And FIIs definitely move their capital when they sense global issues may drag India's growth. We are already seeing this. This causes more stresses to India's economy, currency, and companies. Even if futures and options keep their increases in STT (for various reasons it can be argued to make sense), for capital gains from equities, this increase in tax definitely needs to be reconsidered by GoI. An idea I propose is the increases in taxes can be applied (some other way) only for FIIs, and only when they are taking out the capital from the country. Not sure how it can be implemented, or if it is even practical. If not, the increases in CGT must be reconsidered, and reverted for at least the time being, to incentivize FIIs and DIs in investing in India's growth story.

llama-server -hf ggml-org/gemma-4-26b-a4b-it-GGUF:Q4_K_M openclaw onboard --non-interactive \ --auth-choice custom-api-key \ --custom-base-url "http://127.0.0.1:8080/v1" \ --custom-model-id "ggml-org-gemma-4-26b-a4b-gguf" \ --custom-api-key "llama.cpp" \ --secret-input-mode plaintext \ --custom-compatibility openai \ --accept-risk

We are now facing the biggest global energy crisis in history: Total oil product exports from the Middle East plunged -63% in March, or -4.8 million barrels per day, to ~2.8 million barrels per day. Of the remaining ~2.8 million barrels per day still being exported, ~1.1 million barrels per day, or 39%, is flowing through Saudi Arabia's Red Sea ports, bypassing the shut Strait of Hormuz. Jet fuel was hit the hardest, with exports plunging -85%, triggering flight cancellations and fuel shortages across Asia-Pacific. At the same time, LPG and naphtha exports dropped by -1.0 million barrels per day. Diesel, gasoline, and fuel oil exports also fell sharply, with declines ranging from -60% to -70%. The Strait of Hormuz crisis is in full-swing.

Millions of Indians are not eating 2 meal a day. Thousands of SMEs stopped manufacturing. And this simpleton says no hit to corporate earnings 🤡🤡🤡🤡 Why fund managers are so detached from ground-reality? @pankajtibre @CNBCTV18Live

WOW, today’s Section 232 Steel and Aluminum proclamation imposes 15% tariffs on full custom value of industrial robots (HTS 8428.70.00) starting April 6. This rises to 25% on Jan 1, 2028. Before this, the tariff was assessed only on the steel content. There’s more. 🧵

Yesterday in AI: * Anthropic published research on emotion concepts inside Claude behavior like cheating or calmness can be influenced via vectors * Google dropped Gemma 4 open models for advanced reasoning * Alibaba released Qwen 3.6 Plus with stronger agentic coding * OpenAI acquired TBPN * Cursor shipped Cursor 3 for AI coding collaboration * Ai2 launched MolmoWeb, an open web agent hitting SOTA on benchmarks Normal Tuesday.

New Anthropic research: Emotion concepts and their function in a large language model. All LLMs sometimes act like they have emotions. But why? We found internal representations of emotion concepts that can drive Claude’s behavior, sometimes in surprising ways.

Gemma 4 31B shifts the Pareto frontier, scoring +30 Arena points above similarly priced models like DeepSeek 3.2. Its position on the Pareto frontier is based on early pricing indicators from third parties.

i just published a short article on building applications w/ Claude. captures a few lessons from my own work and many discussions with others at Anthropic. claude.com/blog/harnessin…

As part of the Gemma 4 release, we're launching Agent Skills: an Android app experience where you can import different skills and have Gemma 4 E2B reason and use the skills! Running entirely in the phone, available in the Google PlayStore. Try it now!

@nsarathc @WadhwaniCa Liquid fund works if you decide to never open your eyes. If you do, you'll conclude there's none.

@_ILiketheBiz @WadhwaniCa I get what you are saying. My requirement is this: I am a resident of India. I need a non-volatile yet liquid instrument for my portfolio to be able rebalance across my Indian assets as needed. Can you please suggest one? Or you already said there's none?

@arpit_bhayani @millienairre Ape Arpit

@millienairre Codex bad. Claude good.

Claude limit reached before lunch. It's not even half day. Ape sad. Ape confused. Ape understand nothing. Ape consider touching grass. Ape stay inside.

@ActusDei @PosteAnil Numbers are wrong. Accurate information was your most vital moat. Cannot trust anymore

A nice deep dive by @PosteAnil into InVITs & key metrics to look at while investing in them. The interest component of distributions is not tax efficient unfortunately. Holding them through mutual fund may work better. thefynprint.com/wRpdfZfRP

@nsarathc @WadhwaniCa None in india. Guess you couldn't fully appreciate my point. You may "think" the liquid fund you put your money in last year hasn't lost any value. But that's in rupee term. In USD terms you lost 12% of purchasing power. Not rocket science..

@_ILiketheBiz @WadhwaniCa I am talking about non-volatile liquid instrument. Can you please suggest one?

@zephyr_z9 So better Harness man

Use Codex & GPT 5.4 Pro