Jure Sikonja retweetledi
Jure Sikonja
282 posts
Jure Sikonja
@juresikonja
Not investment advice
US/Europe Katılım Ağustos 2011
765 Takip Edilen103 Takipçiler
Jure Sikonja retweetledi
Ken Griffin on the single factor he looks for when hiring at Citadel:
"show me an athlete who did well academically."
"an athlete because they know what it takes to win and they've had to experience loss."
talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level.
same thing separates profitable traders from everyone else.
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Agentic AI and AI agents requiring massive numbers of CPUs. Required CPU:GPU ratio going from 1:8 to 1:1.
The world is gonna need more CPUs.
Mike@MikeLongTerm
BREAKING $AMD| New Dr. Su on CNBC FULL🚀 After @AMD Q1 2026 Earning Result 05/06/2026🚨 CPU:GPU Ratio Traditionally 1:4-8 => 1:1 => 3-5:1 The power of new model, Agentic AI and Agents are doing work for companies and employees. We gonna need more CPUs. And TAM growing much faster pace than we expected. Capacity: We been planning for this cycle, customer will need CPU GPU Custom chips. We work with TSMC SamSung and data center operators. We have world class supply chain built for this moment. We are making all the largest hyperscalers and AI natives to get all compute they need.(Key words: ALL OF THEM) We talk to all customers, not just what we need in 2026, we are talking about long term in 2027-2028 and beyond in term how much CPU they need. Shifting of workload to CPUs. U dont want to think of this cycle of catch up demand. It is much much better when we get durable long term demand from customers. Broad set of workloads to sastify with different chips. $META 6GW Deal and @OpenAI 6GW and other large customers. We are happy with OpenAI and Meta on Helios Rack. There been TREMEDEOUS interest and demand for Helios Racks. We have a broad set of customers' interest. We are seeing higher demand than what we forecasted on entire system(CPU GPU Networking++++). We are driven by data center ramp/growth, what we been planning for!(Called it) I'm(Dr. Su) very bullish on what AI can do. Competition: Helios vs Rubin Rack from Cramer. The market is huge, we are very comfortable with our competitive advantage. We been planning this inference surge since 2022/2023 for a long time. Memory bandwidth and capability. We have a very strong roadmap and broadening CPUs roadmap where everyone is talking about CPUs today. CPU:GPU Ratio 1:1. Extension of Agentic AI requiring a lot of CPUs. U could see even more CPU ratio as we get more agents to do work for us. Data center is our largest growth driver for AMD. We feel very confident on our target. We are seeing strong customers adoption, We are very BUSY. WE INTEND TO DELIVER (CALLED IT!) Are you concern with $INTC @intel. Market is huge, we are very confident in our product offerings, very strong, especially our EPYC Venice. Lots of compute are required. We are growing faster than the market anticipated(implying analysts are behind). Market share is increasing. Very strong customer's relationship long term. Souce & Credit: CNBC
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Jure Sikonja retweetledi
Esta mañana he encontrado una nómina vieja de mi padre revisando papeles de casa.
Marzo de 1992, ingeniero jovencito con 6 años de experiencia. Casado, con dos hijos e hipoteca en Madrid.
Por curiosidad me he puesto a hacer cálculos, y me ha dado permiso para compartirlos.
El bruto del mes eran 615.704 pesetas. Ajustando a IPC, hoy serían 120.000 € brutos al año equivalentes. Un ingeniero con ese mismo perfil cobra ahora entre 35.000 y 45.000 €.
Un tercio. Un puto tercio del sueldo real que tenía mi padre con su edad.
Pero donde la trampa se ve más clara es en la fiscalidad.
Mi padre, sumando IRPF y Seguridad Social, soportaba una carga fiscal efectiva del 27% sobre su bruto (24% IRPF + 2,7% SS, porque cotizaba al tope máximo). Le quedaban netos el equivalente a 87.000 €.
Un ingeniero hoy con 40.000 € brutos soporta una carga total del 22% (16% IRPF + 6,5% SS) y le quedan apenas 31.000 € netos.
Mi padre vivía con casi tres veces más renta disponible.
En el mismo país. En la misma ciudad.
¿Que hoy se paga menos porcentaje? Lógico, ganando un tercio, claro que el porcentaje baja.
Por el camino, eso sí, se cargaron las deducciones que protegían a la clase media como por ejemplo la deducción por vivienda habitual que desapareció para nuevas compras en 2013.
Y si por algún milagro alcanzas hoy los 120k equivalentes que cobraba mi padre, soportarías un 35% de carga fiscal total en vez de su 27%.
Ocho puntos más por el mismo sueldo real.
¿De verdad vivimos mejor?
Los datos dicen una cosa. La narrativa que nos venden, otra.
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Jure Sikonja retweetledi
That’s a lot of illegal immigrants
End Wokeness@EndWokeness
Each. Dot. Represents. 100. Migrants. This is what an invasion looks like:
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Jure Sikonja retweetledi
Absolutely insane statistic: $MU accounts for >50% of the upward earnings revisions for the entire S&P500.
Never happened in history. And probably never will again. One company, out of 500 large caps in the world’s largest index.
Absolutely unfathomable, if you understand this.
Mike Zaccardi, CFA, CMT 🍖@MikeZaccardi
$MU has contributed over half of the S&P 500 EPS revision since the start of the war
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Most traders use options wrong.
They buy short-term, at the money, with real money.
Here's the right way:
Wrong:
• 30-day expiration ❌
• At the money ❌
• Base capital ❌
• No exit plan ❌
Right:
• 360+ day expiration ✅
• 10% OTM ✅
• House money only ✅
• Exit half at 30% ✅
One approach blows up accounts.
The other turned $130K into $300K.
Comment LEAPS to get a 10 page strategy PDF
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Jure Sikonja retweetledi
Tech has now entered a liquidation spiral where people (eg hedge funds) are forced to sell good, cheap, accelerating assets (eg much of semis) to cover their losses in expensive, decelerating, high P/E sh*t (eg SAAS / AI victims).
Not sure how long this will take to play out.
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Amazingly sh*tty guide from $NVO. Both sales and operating profit expected to collapse by 5-13% in 2026 as “Most Favoured Nation” pricing hits.
The most obvious outcome, playing out as outlined. Yet so few believed it would.
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Jure Sikonja retweetledi
Very high IQ people are good at just about everything
Brad Stulberg@BStulberg
A massive new study on peak performance included 34,000 international top performers: Nobel laureates, renowned classical music composers, Olympic champs, and the world’s best chess players. It shows early specialization is a trap, and the road to greatness is long and varied.
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@compliantvc
Just tried to read an article hosted inside a fully non-compliant country. What do you think? We should not pursue such risky endeavors
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@compliantvc You should regulate yourself before posting this!
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Reading a compelling textbook about regulation this morning
Definitely going to bring several of these brilliant ideas to the European startup commission!
Regulation is the new AI
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This significantly improves revenue and margins, with huge EPS accretion.
This deal shows both are very bullish on the trajectory of the share price as final warrants can be exercised only at $600 share price of $AMD.
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Vesting of Warrant Shares are further subject to achievement of specified Company stock price targets that escalate to $600 per share for the final tranche and stock performance thresholds. (3/n) $AMD $OPENAI $NVDA
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Our partnership with OpenAI is expected to deliver tens of billions of dollars in revenue for $AMD.
Agreement creates significant strategic alignment and shareholder value for both AMD and OpenAI and is expected to be highly accretive to AMD's non-GAAP earnings-per-share. (1/n)
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The Guy or Lady that structured this deal with OpenAI on AMD’s side is a Genius! Give him or her some warrants too - free money!
$AMD $NVDA $OPENAI $AI
The Long Investor@TheLongInvest
$AMD
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Jure Sikonja retweetledi
The London Stock Exchange is dying.
We have dropped out of the top 20 IPO markets, falling behind Mexico.
In 2006 London raised $51bn, this year it was $248m.
A 99% decrease.
Some thoughts on why this matters and how we change course
🧵
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Jure Sikonja retweetledi
The Magnificent 7 (excluding Nvidia) spent $238 Billion on CAPEX in 2024
- Amazon plans to spend $104B on CAPEX in 2025
- Microsoft plans to spend $80B on CAPEX in 2025
- Google plans to spend $75B on CAPEX in 2025
- Meta plans to spend $60B-$65B on CAPEX in 2025
- Tesla plans to spend $11B+ on CAPEX in 2025
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Jure Sikonja retweetledi
I'm German.
16 years ago, the EU and US economies were neck and neck.
Today, the US economy is 50% larger than the entire EU combined.
Here's the devastating truth behind Europe's ongoing economic suicide 🧵:
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