Spekulatius

Size matters. Who has got the biggest AI stack or rack?

The AI model will never be as good of a business than regular software or even cloud, The reason is that the incremental cost to foreach query is actually quite high - it’s the computing cost for tokens. I think I saw that Anthrophics gross margins are only about 40% according to some posters on X. We will find out with the S-1. It will extremely Important for them to have the most efficient computing stack possible or the economics might look pretty grim otherwise. It’s clear now that the model itself has very low switching cost at least for current applications like coding.

I fail to see a Gestapo here. The same thing happened to me in the US actually. If a business complains about a review being offensive, Google may take it down. This has nothing to do with with free speech, it is just Google being lazy and they don’t want any trouble. You can find plenty of bad reviews of restaurants even with review gaming being a real thing everywhere including Europe: https://maps.app.goo.gl/NYTB8q2nfkHeNhUNA?g_st=ic On the same token you make excuses for X de- platforming unwelcome accounts because it is a private platform. What do you think Google maps is?

This is a correct, Buffett doesn’t care about prior prices or whether is a stock is rising or falling. This is actually hard to do and something I struggle with. I still don’t get why Buffett changed his mind so much on Google. He must have had some sort of Eureka moment. I hope it works out for them.

There are a lot of factors here. iI think the increase in multi family home building was due to very low interest rates while demand for housing was picking due to COVID-19. This combo created a unique window to build more multi family homes. As for homes, I am sure that for example in Canada, the legal immigration has a lot to do incrsse in home prices. this is because these legal immigrants from Asia are relatively well to do and can afford to buy homes and that’s way many do. Then you add a limited ability to add to the housing stock and you get rising prices. I don’t think the US is similar to Canada because of the relative size, the fact that illegals immigrants can’t buy homes and because many illegal immigrants work in housing and hence hell to add supply as well. Here is a paper representing the counter argument based on comparing areas with high immigrants influx versus those with less https://www.sciencedirect.com/science/article/abs/pii/S1544612325001503

Starter in HONA and somehow my stink bid for ERIE hit today as well.

She got lucky: https://apple.news/AzFzPxESmRgiRSH6qXBL3dw

Probably as it get page views . I have been in exactly the same shoes than this fellow many years ago. I never felt there is indoctrination in Europe about America. Most Feinds admired me for getting there chance to try my luck there , even though others felt they would not do it themself. I knew friend from the US (military) as well as exchange students from the US as well. was not one of them who through it was all bad. Europeans know Amerika better other way around. Culture is actually well projected especially through family shows. This was even before you could check the Internet with out hundred of sources. I for example through that these ridicolous prom festivities are something that movies exaggerate and then when I got there I found that this is really what is happening in every high school. We had nothing of this sort in Germany. Then I had some Gf showing me the ropes. When you emigrate, you find things that are much better then expected and other that are more difficult. You go from the honeymoon phase (everything is new and interesting) to a frustration phase (many things are difficult and you miss home and your friends and family) to, ok- I can handle this. The. You become a hybrid where every time you go back, your home feels a bit less familiar and stranger

I can’t help it:

The chart shows that rents increase all the time. Illegals rent - they can’t buy houses unless they come in with a stash of cash which I think few do. So they can’t buy houses, somebody else must drive prices for homes. Besides, even the Dallas Fed paper states that only 30% of the increase is due to illegal immigration , so 70% comes from other factors. This would be a stronger argument if you could show causation and rents rise more than homes prices , which is what you expect if the driving factor would be illegal immigration. But this chart shows the opposite. @cubsfan you need to take chill pills, or some THC gummies - you get too riled up about stuff.

That’s penalty decision against France was questionable, imo. The French looked soulless in this game and Mbappe was nowhere to be seen. I guess that’s how you win in against a team with a star player. Kudo’s to the Spanish defense and midfield. They destroyed the French game and while it wasn’t pretty , it surely worked. They clearly were the better team.

Actually this chart shows a weak correlation between rents and home in the short and medium term. Since 2020 (Biden’s term), home prices have increased much more than rents. However, since illegal immigrants (which allegedly surged during Biden’s term) rent rather than buy (because they can’t buy in 95% of the cases) how can this be - it should be the other way a round? The Fed study from the heavily politicized Dallas Fed is a draft paper. There are other studies that you can find showing a very weak correlation between immigration and home prices. In the US we have the situation that a lot of construction labor are immigrants and many of them illegals. What happens to the supply situation when they are gone and what is the net effect? It doesn’t seem that straightforward than you make it to be,

How do you know who you bid against? Also, how do illegal immigrants buy houses when they can’t get a mortgage? I had to show my green card to get a mortgage years ago. Illegal immigrants tend to rent.

Netanyahu may be gone soon: https://www.theguardian.com/world/2026/jul/13/israel-sets-october-date-first-elections-since-hamas-attacks-2023