formthirteen

Thanks. Elon's management style is the opposite of ”designed by clowns…supervised by monkeys”.

https://archive.is/3yQcM https://archive.is/ieSMZ

These are some of the dividend stocks I've traded in and out of. Still own BTI, AFL, MO, PM, FFH-PD. Wish I hadn't sold the others. I prefer to park excess cash in high-dividend yield companies. Love buying them during market panics. For the adventurous: QRTEP Dividend cut in half recently (stock doubled) PARAP For this board: FFH-PD.TO For royalties: BSM DMLP Banks: BANX Tobacco: BTI MO PM For the patient: AFL For energy: MPLX EPD

Here's a talk he gave at Google:

Kamil Galeev has some interesting threads that does a good job of explaining Russia to foreignerns. Here's a thread of how Putin came to power: Yesterday, it seems there were more news for conspiracy theorists Putin: Carl Bildt is not some conspiracy theorist, he's the Co-Chair of the European Council on Foreign Relations think-thank. https://www.theguardian.com/world/2024/mar/23/theres-little-reason-to-doubt-attack-on-moscow-venue-was-by-islamic-state

Just watched Kingdom Of Heaven: Director’s Cut. Loved it. https://screenrant.com/kingdom-heaven-directors-cut-changes-better/ Next up, Blade Runner: The Director’s Cut.

I think I found a solution to the war:

https://www.defense.gouv.fr/sites/default/files/dga/International Defence Companies notebook 2024 edition.pdf

Unrelated perhaps, but here are some stocks that have mooned since the start of the war: https://finance.yahoo.com/quote/RHM.DE https://finance.yahoo.com/quote/SAAB-B.ST https://finance.yahoo.com/quote/LDO.MI https://finance.yahoo.com/quote/KOG.OL The war might be a good thing for the US defense industry, but the stocks haven't moved much. Germany is now officially allowed to start producing war machines again. Previously, they were demilitarized by NATO (USA), depending on your viewpoint.

Thanks. Seems like a good alternative to cash.

Meanwhile in the US:

I couldn't find the short pitch on CABO, but I read the short pitch on CHTR and agree with basically everything. The cable debt cowboys are empire builders at any cost. They got away with bankruptcy once already. I will sell CHTR soon, latest when the position is 10% underwater. The decline in share price seems unavoidable.

More CHTR and CABO. What could go wrong? Checks own notes on CABO from March, 2023: ”Operating margins ~30%, gross margins ~70%. Don’t buy this piece of s**t again.”

Thanks. Didn't know about the book. I will try to read it at some point. Shogun is a very good TV show. One of the better in recent years, so far.

That's how he plans on doing it by taking money from unproductive parts of the economy (car manufacturers, boeing, etc) and investing in technology that takes us to Mars. He wants the AI of OpenAI to be open-sourced for the benefit of humanity and for MSFT not to be the greatest benefactor; both are very valid reasons. This is political and a power struggle, the dirtiest tricks best lawyers will win. Part of the reason Sam Altman almost lost control over OpenAI for straying away from the original mission statement and seeking to profit, in the end the employees chose Altman instead of the ”mission statement”: If the AI is not open-source it's difficult to know what agenda it's driving ”to benefit humanity as a whole”. It's already clear that OpenAI is self-censoring and rewriting your questions behind the scenes. Ask OpenAI how to build ”The Bomb” and it will say ”I can't help you”. Perplexity.ai give's you an answer: TSLA has open-sourced it's patents: https://www.tesla.com/blog/all-our-patent-are-belong-you I'm assuming he doesn't like MSFT and OpenAI's board: Let the best lawyers win.

Europe has the top engineers and is the leader in innovation:

Yes, that is a problem depending on your mindset and circumstances. There are not many that are, e.g., starving in advanced economies. Everyone seems to agree that the problem is overconsumption, but somehow we want more for less. Everyone is competing on a global scale and the ones with lower income will not be able to buy the latest and greatest things created by society; they will have to settle for the cheapest Android and iPhones instead of the high-end ones. I already have, not because I can't afford the latest high-end iPhone, but because I don't need it in any way... You could argue that anyone can buy the same, a functionally equivalent, TV or computer as a billionaire. Billionaires will continue buying bigger yachts and diamond cases for their high-end iPhones to make everyone else envious and sad. Housing is a bigger problem as everyone can't afford to live affordably and near to their workplace. The market COVID pandemic and the internet seems to have solved that problem for some people, temporarily or permantently.

This is perhaps by design and a sign the system is working as intended. The more complex the task, the more difficult it is to compete at the top, and the more the most productive employees need to be rewarded. Soon the low income workers will be competing with robots: https://www.figure.ai/ The middle class is already competing with robots: you can rent the most competent ”robot knowledge worker” for $7.92 / hour, less than minimum wage: Maybe were on the path to capitalist utopia, whatever that is, robots vs. humans?

This is something these services are unable to calculate or answer at the moment. These large-language models are very good at interpreting human language and generating text. They are trained on huge amounts of text and have a ”faint memory” of almost everything they are trained on. They would need a ”large-number model” that has the ability to calculate this together with perfect recollection of the data, in other words, access to a database and a calculator. There are probably services like this being built already... You could try asking ”Can you give me a list of net-net stock screeners?” or ”Can you give me a list of net-net stock screeners that are integrated with a large-language model?”.

Diworsifying from quality with small positions in CABO, CHTR, EC, PBR-A, and some preferred shares that are paying big dividends, unless the companies go bankrupt as some speculate.

South Korea doesn't have it's own thread, so posting it in the China thread:

LOL: IMO, China has hit the "communist plateau"; copying technology only gets you so far, after that culture takes over. China's decline will only increase going forward as they continue meddling with citizens and private businesses and the effect from the CCP "one child policy" instated in the 70s and 80s increases, malinvestments increasing the decline even more. Most of the world's innovation still seems to come from the US.

Coal demand at record levels even after moving factories from the US and EU: https://www.iea.org/news/global-coal-demand-set-to-remain-at-record-levels-in-2023 Asia: EU: Maybe it's not too late to invest in coal and BTU. I wish I had bought BTU at 0.85 USD, now trades at 24.72 USD and P/E ~5: