Buffettology

Eso es. Ahora cambiad "acciones" por "vivienda" y ahí tendréis que, a mayor precio, mayor demanda, no menor.

Ya tenemos aprobada la financiación del Tesla 👏👏👏 ¿Cómo veis los números? A mí ese 3% me parece un regalo y una muy buena manera de captar clientes.

“When something is important enough, you do it even if the odds are not in your favour.” ― Elon Musk

🚨 NUEVA POLÉMICA PARA ALBA CARRILLO La presentadora ha denunciado la mala gestión de la marca SWATCH “Al final, la especulación y el mercado negro siempre ganan. Hemos sufrido agresiones tras pasar toda la noche en la calle. He hablado con un periodista para La Sexta”

1. Este es el gráfico que más me gusta de Jon. El gráfico intenta mostrar que la desconexión entre los precios de la vivienda y los salarios de los jóvenes es por culpa de la Ley de Vivienda. ¿En serio? Un ejemplo claro de propaganda ideológica disfrazada de datos.

$MARA just released one of the most important shareholder letters in company history: -MARA is no longer positioning itself as just a Bitcoin miner, it is positioning itself as an energy-backed digital infrastructure company built for AI, HPC, sovereign compute, and Bitcoin mining -The company believes connected power, not chips, is now the biggest bottleneck in AI infrastructure LONG RIDGE / AI CAMPUS: -Long Ridge gives MARA a 505 MW power plant, 1,600 acres, existing interconnection, fuel supply, water, and fiber in PJM, one of the most supply-constrained data center markets in North America -MARA says assets like this would take up to 10 years to replicate due to permitting, interconnection, and infrastructure bottlenecks -The company believes Long Ridge can scale into one of the leading AI and critical IT campuses in the market with over 1 GW of total potential capacity -The site already has inbound interest from hyperscalers and enterprise tenants STARWOOD PARTNERSHIP: -This is where the strategy gets interesting: MARA contributes powered land while Starwood helps finance, develop, and operate the AI infrastructure -MARA used a hypothetical 200 MW example where a site contribution valued at $200M could potentially allow MARA to retain ~50% ownership with up to $50M-$100M in annualized stabilized cash flow with little additional equity exposure beyond the land contribution itself -As projects scale larger, MARA says its original site contribution remains fixed while the remaining growth capital becomes more proportional between counterparties, similar to traditional data center financing structures - ~90% of MARA’s non-hosted capacity is now being evaluated for AI and critical IT conversion through the Starwood partnership EXAION / SOVEREIGN AI: -Exaion gives MARA exposure to sovereign AI, private cloud, and enterprise AI infrastructure - $MARA specifically highlighted that governments and enterprises increasingly want local control over compute, security, and data residency instead of relying entirely on U.S. hyperscalers -The company highlighted expansion discussions in France, Brazil, Saudi Arabia, and other energy-rich regions The biggest takeaway from the letter: - $MARA is trying to position itself as a company that controls and monetizes connected power across multiple compute markets, because management believes power is becoming the most valuable asset in AI infrastructure