Kakashii

"You don't have to tell me how good a stock is," my clients will often tell me."There are a dozen analysts out there who will do that. We are blitzkrieged with all the positive stuff. What we want from you is another view, an indication that perhaps the others are wrong."

We are at real risk of another lost decade, similar to the post-dot-com era.

Small companies are raising billions of dollars to buy bitcoin and other, more obscure cryptocurrencies. What could possibly go wrong? on.wsj.com/40zxURw

Tesla flirts with xAI merger. It always starts with "investment"

We are at real risk of another lost decade, similar to the post-dot-com era.

Woo hoo!

WSJ Small companies are pouring billions into bitcoin and lesser-known cryptocurrencies — raising big questions about risk, regulation, and what could go wrong if the market turns.

If you’re reading one thing today before heading into the weekend, make it this piece by @OJDaniels and @HannaDohmen! Thoughtful and timely, it breaks down China's pursuit of AI dominance through its open-source AI ecosystem. foreignaffairs.com/united-states/…

I paid $119,000 for my 2022 Model S Plaid, and now, just three years and 47,000 miles later,Tesla is offering me only $41,900 on a trade-in for a new Model S Plaid with the exact same specs. To be clear, I didn’t buy this vehicle as an investment. But taking a nearly $80,000 hit…

Step 3: China’s New LLM Rivals OpenAI’s o3, Gemini 2.5 Pro, and Claude Opus 4 in performance. Optimized to run on domestic AI chips (Huawei Ascend). This marks a huge milestone for Chinese developers and companies.

Serial liars making empty promises. SoftBank — the criminal that always returns to the original crime scene.

The reason the FT piece didn’t impact the Nvidia's stock — and it is up — is all you need to know: the market participants know about the chip smuggling, sees it as bullish, and trusts the Trump admin won’t intervene as long as David Sacks is around.

Great and important piece by @zijing_wu about the smuggling phenomenon in the past few months. A few notes from my side on the article: 1. "At least $1bn worth of Nvidia’s advanced artificial intelligence processors were shipped to China in the three months after Donald Trump…

Thanks @kakashiii111 for your rigorous investigation

Interesting - which export data exactly? One part got cut from the original copy: these distributors typically offer a 3-year warranty. Servicing these unofficial chips has become an industry in itself from installation to repairing.

Ahem…