Syed Faiz

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Anthropic CEO: “AI will wipe out 50% of lawyers, consultants, and finance professionals within the next 12 months” x.com/theUMreal/stat…

A rule that will lower your anxiety: Don’t replay conversations you can’t change, and don’t pre-live ones that haven’t happened. Focus on the next right action. Most stress comes from living everywhere except the present.

@elonmuskTN 12 is the last number

@AlexAndBooks_ Excellent takeaways! Thanks for sharing.

I spent the last few weeks in Dubai, Poland, and Spain. Here are a few travel tips & thoughts: 1. Always get to the airport 3 hours early. It’s much better to sit by the gate and be bored than to be stressed and rushing to catch your flight. If you get to the gate early you’ll spend at max 2 hours being bored. If you miss your flight, you’ll spend a minimum of 2 hours being bored. 2. Airport food > Airplane food. Always bring or buy food before your flight. I flew Emirates and even though they had the best airplane food of any airline, my cold sandwich from the airport was better than it. 3. Pack one-way clothes. Before a trip, do a bit of spring cleaning and pack some clothes you like but are a bit old. For example, I packed an old pair of running shoes and gym shirts that I wore during the trip but then threw them out to make space for new clothes and souvenirs that I bought on the trip. 4. Plane lifehack: If you need to charge your phone or AirPods but you’re plane seat doesn’t have an outlet, use your laptop as a power source or go to the bathroom–there’s usually a hidden outlet there. 5. Traveling is a great way to “stress test” your partner and see what kind of person they are under pressure. Are they able to stay calm and be helpful when there's an issue with the flight or hotel? Or do they start complaining and become a ball of negativity? If you’re looking for a life partner you want the first kind of person. 6. Always ask about your hotel’s amenities. After asking the receptionist in Dubai about any perks we learned we had free access to a private beach. In Spain, we learned we had free access to a sauna and steam room. It doesn’t hurt to ask what free perks or amenities are included with your stay. 7. Spend more time in the ocean than the pool. The ocean is rich in essential minerals beneficial for the body, while pools contain chlorine and urine. 8. When in nature, be aware of nature. If you're in the desert, watch out for snakes. If you're in the forest, watch out for ticks. If you're in the ocean, watch out for jellyfish. Nature is beautiful, but it's important to respect and be cautious of it. 9. The reason people love all-inclusive resorts is because it’s the closest most people get to living like the top 1%: • Chefs make your food every day • Maids clean your room every day • Direct access to a pool or beach • Direct access to a workout room • Prime location with great weather • 24/7 help and quick support if anything needs fixing 10. Eat at more local spots. Resist the temptation to dine at chains like Starbucks, Taco Bell, or Five Guys, even if they're your favorite back home. The best food spots will be found at lesser-known, family-run restaurants, not at the huge establishments. 11. Listen to the voice of each city you visit. Paul Graham has a fantastic essay titled "Cities and Ambition" that talks about how every city has a secret message. For example, New York tells you to make more money while Boston tells you to be smarter. If you listen carefully, you'll find each city you visit has a message for you. 12. Download an ebook or audiobook before your flight. That way you'll have something to read or listen to on the plane even if you get bored or finish your physical book. 13. Be extra careful with parking when driving in a new country. There might be no signs saying you can't park in a spot, and even if there are signs, it might not be in English. The last thing you want is your rental car to get towed and be stranded in the countryside (funny and close call about this). 14. If you’re renting a car for more than a week it’s worth getting full insurance. If the slightest thing happens to the car, the rental company will charge you 3-5x the repair costs. You also never know what you'll encounter on the road. In Spain, I had to dodge huge trucks on tiny roads, herds of sheep, and even chickens crossing the road. 15. Turn URL relationships into IRL relationships. If you have a social media following, share a post mentioning you'll be visiting a city soon, and if anyone is down to hang out there. Worst case scenario, no one responds. Best case scenario, you'll make a new friend and they'll give you tips on what to eat and do in that city. -- That's all for now. What travel tips would you add to this list?

1/ A couple of weeks ago I gave a presentation on $ASML to some investors. The goal of the presentation was to give an overview on the company, touching all the relevant topics (I cover $ASML more in detail at Best Anchor Stocks, together with other high quality companies) 👇

@Invesquotes Great presentation! Thank you for sharing the details. Looking forward for the next thread on $ASML

@alex_avoigt 🎯

Many who thought automakers were catching up to Tesla are stunned after the Cyber Truck delivery event at how they've fundamentally reinvented the car but that's been obvious and transparent for years. Tesla told everybody but even after the Model 3 and Y they didn't listen. It's part of Tesla's DNA to never stop inventing, and their pace of innovation has never slowed down but accelerated. In the long run pace of innovation is all that matters and while Tesla accelerates all others are slower therefore the innovation gap and the competitive gap is widening. The simple fact that Tesla gives the competition all information required to copy and paste and they are still incapable of delivering shows you that they are unable to manage the transformation. It's not about the technology it's about the organization, culture, and mindset that is lacking and they don't even realize that. Looking back, Tesla has accomplished exactly what I published articles about years ago, extending their technological lead over all other automakers, and they're not going to stop. They literally have done what everybody said is impossible and they will do that in the future again. After the Cyber Truck, we'll see the groundbreaking technology applied to an affordable $25k small compact car, and once again Tesla will extend its lead and leave the competition far behind. At that point in time many in the industry will give up because no one will want their cars anymore. It happens already today but will become the norm. It's time to understand that the Tesla organization makes the true difference and that the company is already the undisputed leader that will capture most of the industry's future profits. All Tesla needs to do now is scale and execute, and that is the core part of their mission. Not being invested in $tsla with at least a few shares is the biggest mistake you can make.

If Elon stops talking about autonomy until it works near flawlessly and focuses on his amazing existing businesses - EVs where TSLA dominates everyone (what competition?) and Energy where profits just tripled and gross margins are now higher than on EVs - $TSLA stock would be higher. Imagine if Tim Cook said $AAPL is going to cut price on iPhones and make it up on cloud storage and Apple Music and other services - that would never happen. TSLA fundamentals are outstanding but that fact gets lost in all the noise. @MartinViecha

Since 2009, Tesla has collectively generated over $290 Billion in revenue (data as of end of Q2 2023). Over $48 billion of that was generated in the first half of 2023. This will likely be Tesla's first $100B revenue year.

@WOLF_Financial What will $10k 10years from now look like in these companies? Any thoughts?

What $10k 10 years ago would look like today: - $VOO: $38,000 - $QQQ: $62,000 - $AAPL: $119,000 - $TSLA: $1.1M - $NVDA: $1.5M Does this surprise you?

Great website, created by @sbink for $TSLA investors! Calculate how much your $TSLA investment is worth by entering your share count. Also has PT's from various members of the Tesla Twitter community, along with potential value of your investment based on Elon's and Cathie's PT. teslapricetargets.com

The closest recent comparison is Tesla, which traded at nearly 30x sales when it hit the $1 trillion mark back in 2021. What happened after that? It would go on to decline over 70% with its price to sales ratio falling to 5x. I posted that it was overvalued near its peak, and unsurprisingly was slammed by Tesla critics.

Nvidia currently has only $26 billion in sales versus $208-525 billion for the Big 4 (Microsoft, Apple, Google and Amazon). Just how high are these expectations? Nvidia now trades at over 38x sales and over 200x earnings. We’ve never before seen a price to sales ratio that high for a company of its size.

Semiconductors this week... Marvel $MRVL +44% Nvidia $NVDA: +25% Monolithic $MPWR: +21% AMD $AMD: +20% Broadcom $AVGO: +19% Taiwan Semi $TSM: +11% Entegris $ENTG: +11% KLA $KLAC: +9% Micron $MU: +8% Applied Materials $AMAT: +7% Lam $LRCX: +7% ASML $ASML: +6% -- Intel $INTC: -3%

$ASML $1 trillion by 2030?

Naval for kids. 2 years ago my nephew and I had conversation on important ideas from @naval Turned his ideas suitable for a 11 year old conversation. Back then he forbade me sharing the project on any social media. He changed his mind last week, sharing this now.

A Harvard professor asked millionaires how much *more* money they'd need to be 10 on the happiness scale. Here's how each group answered: $1 mm: Double $2 mm: Double $3 mm: Double $5 mm: Double $10 mm: Double Folks, the hedonic treadmill is real

Great letter from Worm Capital, especially around $TSLA's prospects. They see a 40% gross margin eventually, a $50B cash balance by year end, and they think Tesla Energy is worth $50-$100 per share today. wormcapital.com/the-wormhole-s…

$TSLA has 14 products and services that have generated $1B+ in revenue: Model S Model 3 Model X Model Y Full Self-Driving Superchargers Accessories Insurance Solar Roof Solar Panels Powerwall Megapack Used cars Service Coming soon: Virtual Power Plants Robotaxis Cybertruck Semi