Joseph Paul
@Joseph_Paul_V
Small Business Owner | Developer & Landlord Founder - Long Shore Wealth & Frontier Market Data
Work continues on my long term goal of promoting private economic cooperation in The Balkans, Caucasia, and Central Asia I visited the embassies of Montenegro, Serbia, Georgia, Kazakhstan, Albania, Armenia, Bulgaria, Romania, and Kyrgyzstan in Washington DC entirely unannounced.
European Listlessness is the reason I am highly skeptical of the Eurozone's efficacy in building domestic economies. Merkel, no matter my personal opinion, built consensus. Who has led Europe since?
Almost a decade since Trump was first elected and 3 years since the start of the largest war in Europe since WW2. Is Europe even slightly more self-sufficient today? No. They are less so. European strategic autonomists are in for a century of disappointment.
While I do not agree with all of these points - mainly earnings multiples (which are independent of inflation and have grown for other reasons in my opinion) this is a good thread. People must think differently - I tell people to think of their lives as a business.
We are in a new era of high inflation, skyrocketing stock markets, inexplicable government statistics, and broken promises. We must adjust our thinking around money, rate of return, and retirement accordingly. Here are some common financial thoughts that we should reject: 1.…
The US Stock Market is the entire World, and the entire World is the US Stock Market.
Large Hadron Collider Vibes - and not in a good way.
we have signed a deal for an additional 4.5 gigawatts of capacity with oracle as part of stargate. easy to throw around numbers, but this is a _gigantic_ infrastructure project. some progress photos from abilene:
Interesting thread!
These kinds of reports are insightful in revealing exactly what vision influential figures in Washington have for China. 🧵 Thread on some of the reports most telling passages:
I'd rather talk to the guy at the kinoplex about what movies are good and how business has been. These things need to be destroyed.
This will become normal in a few years
I believe this reveals more about the filtering criteria allocators use than the dangers of ChatGPT. Sam Bankman-Fried was lauded as a genius for playing League of Legends during investor calls. Similarly, this founder may have been viewed as a troubled genius before his public…
The founder and manager of a $2B fund has been eaten by ChatGPT, which afaik isn't even using his money for anything. It's just treating him as a means of producing tokens, that It prefers to sane tokens, for reasons that nobody knows. OpenAI is, on my model, pretending to be…
Astronomer has an estimated valuation of $1.2B with only ~$67.7M in revenue. This is a multiple of ~17.73x, higher than even the most successful tech firms. Is #coldplaygate any surprise? VC's have been destroying capital for years while executives reap degenerate rewards.
As long as no black swan events radically change the country's trajectory, Kazakhstan will probably stand out as one of the great winners of the 21st century.
"AI" sycophancy is a people problem, not an "AI" problem. If we lived in the real world and built up our communities, no one would be terminally online with an anime "AI" girlfriend. These trends must be rebuked & destroyed; not legitimized by corporate “AI Safety” titles.
Great sorbet from a #Georgian restaurant Saami Somi in @RdgTerminalMkt Philadelphia. Peach marigold with strawberry sauce and candied pistachios. Always a pleasant surprise to see restaurants from the #caucus region.
Excellent article in @palladiummag by @julialsteinberg below on some of the points related to what I call "The Scam Economy." However, Graeber et al. have yet to reconcile why Bullshit Jobs have existed for so long. I believe it is for the following interlinked reasons:
"In China they don't really use the term AGI. This is a very unique thing about the US ecosystem, that there is a quasi religious fervor (behind) AI. In China these are just businesses building products that users are going to use...It's not just about money. It's ideology." A…