dogmayor

Did a child write this? So embarrassing to be an American.

There are large and famous funds that have lasted despite all that you say. So it is very possible to achieve fame, have your positions known, and have people trade against you, and still not be forced into selling your entire public portfolio to satisfy a margin call.

This is why hedging and neurotic levels of risk-management are necessary. Running a highly levered and highly correlated portfolio is a disaster waiting to happen regardless of whether your overall thesis is correct or not.

Not the best endorsement given the current US gov

blah blah bubble

What gets me the most is he always has to say everything is imminent. Like dude just make your grandiose predictions and leave the timeline undefined. Ppl would still probably throw cash at him. But he can't help himself. It's pathological.

> Elon Musk's SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the companies race to secure the chip capacity that the billionaire has called essential to their future.

> The facility is intended at narrowing the gap between global chip supply and the more than 1 terawatt of computing power that SpaceX and Tesla expect to need in the coming years.

Am I crazy or is 1 terrawatt "in the coming years" absurd?

Shocking to see a highly levered and highly concentrated fund blow out /s

Do you mean RenTech? Not sure how you'd know they're heavily invested in anything given the notorious secrecy of the firm. Maybe their public funds have invested in AI, but their most recent 13F shows a 23% tech sector allocation, and their public funds are maybe only half of their total AUM.

Regardless, doubting the legitimacy of Quanta bc it's a Simons Foundation initiative is foolish.

Huge fanboy for sure

Oh no I got 5 emails I better write a post complaining about this massive inconvenience hmph

Figure I.1 is telling. It shows answer length is the strongest predictor of win rate. I suspect this is due to the flawed methodology of the study. Professors were instructed to be succinct ("Please be concise. We expect that each answer takes no more than 3 minutes to write down.") and likely erred on the short side. Also, professors may not have put great effort into their written answers, especially when already trying to be concise. This isn't the headline the authors think it is.

Desperate to keep their crypto companies afloat