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jart

13806

Karma

2009-12-18

Created

Recent Activity

  • That's not how the Google IPO worked. If you bought that at IPO and held it this whole time, you'd be very rich by now. Which is why the financial system will never let that happen again. These days many of the companies that go public will be nefarious financial schemes in Florida that hired and fired a guy in a San Jose at one point (thus transforming the scheme into a Silicon Valley startup) and anything good like Anthropic you need permission to invest in them, or you invest in them by proxy. If you want to long OpenAI you then you long Microsoft. If you want to long Anthropic then you long Google. Guess which one the carry traders liked more these past few days?

  • I'm hanging out in a bunker in Omaha rooting for the Japanese people, who've gone through great hardship for several decades to checkmate Wall Street.

    They're the true Occupy Wall Street and all I'm doing is recognizing their achievement.

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