Hemingway Capital

“It’s not AGI, but it’s worth a few trillion $ in GDP” - anon

@monicashiii @xai @AnthropicAI @grok There is enough public info to do the math so go ahead and do it

@lfg_cap @xai @AnthropicAI @grok highly doubt that also very different economics between hyperscalers and neoclouds (e.g., pricing power, cost of capital, etc)

@xai is earning like ~17% unlevered IRR on its baremetal DC lease to @AnthropicAI. This is assuming 0 for residual value and more importantly 0 value from @grok training that was achieved on that DC pre lease. This is kinda wild & why hyperscalers are mispriced.

@dalibali2 It’s worth 90 u can do it

@lfg_cap Mental block buying back here when I got in at 8 and sold at 20

Starting a regular thread. What is your favorite 6 months single stock trade right now? I’ll start👇

@GoBirds555 bingo slippery slope tho

@lfg_cap As long as stocks out pace inflation nobody notices!

It’s crazy how regular people keep bitching about gas prices just as a social comment / small talk topic.

@when_to_fold_em brit said that actually

@lfg_cap Americans complain about gas prices, brits complain about the weather

@GoBirds555 I get it on a personal PnL basis but I still find it shocking. Oh you know where gas prices are right now haha yes right haha t

@lfg_cap My gf reminds me the price paid everytime she fills up her tank. I’m basically subsidizing her gas demand to not deal with the complaining right now.

@WaterworldCapi1 Im v long so def not

@lfg_cap It's why $NVDA is going way higher.

Big part of books are just funders. And that’s OK.

@DynamicMoats @xai @AnthropicAI @grok Yes sir

@lfg_cap @xai @AnthropicAI @grok Bullish neocloud?

nature is healing

@mingfang1979 not new

yes

anthropic added an entire servicenow worth of run rate revenue in the last 30 days… can you imagine telling someone that a few years ago?

god awful chart $NOW

Agentic engineering is good marketing @gitlab @sytses @bstaples

Andrej’s 180 is still one of the biggest signal out there. @karpathy youtu.be/96jN2OCOfLs?si…

Honestly think skill and more importantly an expectations issue. Don’t mean skill as IQ / investment pedigree. More as to how you deal with LLMs - I find people can go to end of the world on debating LLM if you position them to do so. They are servants so you have to set them up on how to serve you imo.

@lfg_cap Ha I’m actually remarkably consistent about what I think AI and LLMs are good for and not. Always open minded and trying to change my mind though. I welcome evidence to the contrary.

LLM’s aren’t real sparring partners. They are lying to you. They either feed you something overly consensus and incorrect or kiss your ass and lead you off a cliff in the other direction. There is no substitute for human adversarial debate and “AI-out-of-the-loop deep thinking” (tm)

That’s probably not bearish apple $aapl 🍎