A man spends 50 years teaching at MIT.
He knows his time is running out.
So he records one last lecture — everything he knows, distilled into a single hour.
He died 5 months later.
This is that lecture.
The most important hour you'll watch this week. 👇
Bookmark it for later
GOODBYE, FUND MANAGERS. GOODBYE, BLOOMBERG TERMINAL.
No more $24,000/year subscriptions.
Claude just turned my laptop into a private quant analyst.
Here are 07 prompts to build your own hedge fund at home ↓
BREAKING: AI Detected $610B Fraud in 60 Minutes—Erased $520B Before Humans Finished Reading
November 20, 2025, 4:05 PM. Nvidia releases earnings. Stock jumps 8%.
Eighteen hours later, trading algorithms had erased $520 billion. Not from panic. From reading 78 pages faster than humans could finish page one.
What Machines Found in 60 Minutes
Unpaid bills: $33.4 billion, up 89% in one year. Collection time stretched from 46 to 53 days. Seven extra days equals $4.4 billion per quarter not converting to cash.
Inventory: Up 32% to $19.8 billion during claimed shortages. You cannot stockpile chips while claiming insane demand. When Nvidia launched its last chip under identical conditions, inventory fell 18%.
Spot prices: Down 40% since August. H100 GPUs rent for $1.92/hour, down from $3.20. Pure market signal contradicting every shortage claim.
The $610 Billion Circle
Nvidia gave xAI $2 billion. xAI borrowed $12.5 billion to buy Nvidia chips. Microsoft gave OpenAI $13 billion. OpenAI committed $50 billion to Azure. Microsoft ordered $100 billion in Nvidia chips for Azure. Oracle committed $300 billion to OpenAI requiring Nvidia hardware.
Money circles. Nobody pays cash. Receivables age. OpenAI burns $9.3 billion annually against $3.7 billion revenue.
The Proof
Bloomberg data: 62% of selling came from AI-driven quant funds at 9:47 AM. Human analysts didn’t publish notes until four hours later. Machines read, calculated, and executed before humans finished analysis.
Historical Pattern
Lucent 2000: Same pattern. $8.7 billion writeoff. Bankruptcy.
Sun Microsystems 2008: Same pattern. $2.1 billion writeoff. Sold at distress.
Nortel 2001: Same pattern. $19.2 billion restatement. Liquidated.
What Happens 28th December!
Nvidia files annual report showing how many of those $33.4 billion in unpaid bills aged past 60 days. If over 24%, bad debt reserves double. Earnings restate downward. Stock drops to $68-88.
The Shift
November 20, 2025 ended human market dominance. Algorithms now detect overvaluation in hours, not months. Every future bubble collapses 70% faster. The dot-com bust took 30 months. Machine-driven collapses take 4-9 months.
Two centuries of human price discovery ended in 18 hours.
Machines won.
Read the full deep dive article - https://t.co/g96euEq2XS
BREAKING: The $610 Billion AI Ponzi Scheme Just Collapsed
Last night at 4pm EST, something unprecedented happened. Nvidia stock rallied 5% on earnings, then crashed into negative territory within 18 hours. Wall Street algorithms detected what humans couldn’t: the numbers don’t add up.
Here’s what they found.
Nvidia reported $33.4 billion in unpaid bills, up 89% in one year. Customers who bought chips haven’t paid for them yet. The average wait time for payment stretched from 46 days to 53 days. That extra week represents $10.4 billion that may never arrive.
Meanwhile, Nvidia stockpiled $19.8 billion in unsold chips, up 32% in three months. But management claims demand is insane and supply is constrained. Both cannot be true. Either customers aren’t buying or they’re buying without cash.
The cash flow tells the real story. Nvidia generated $14.5 billion in actual cash but reported $19.3 billion in profit. The gap is $4.8 billion. Healthy chip companies like TSMC and AMD convert over 95% of profits to cash. Nvidia converts 75%. That’s distress level.
Here’s where it gets criminal.
Nvidia gave $2 billion to xAI. xAI borrowed $12.5 billion to buy Nvidia chips. Microsoft gave OpenAI $13 billion. OpenAI committed $50 billion to buy Microsoft cloud. Microsoft ordered $100 billion in Nvidia chips for that cloud. Oracle gave OpenAI $300 billion in cloud credits. OpenAI ordered Nvidia chips for Oracle data centers.
The same dollars circle through different companies and get counted as revenue multiple times. Nvidia books sales, but nobody actually pays. The bills age. The inventory piles up. The cash never comes.
AI company CEOs admitted it themselves last week. Airbnb’s CEO called it vibe revenue. OpenAI burns $9.3 billion per year but makes $3.7 billion. That’s a $5.6 billion annual loss. The $157 billion valuation requires $3.1 trillion in future profits that MIT research shows 95% of AI projects will never generate.
Peter Thiel sold $100 million in Nvidia on November 9. SoftBank dumped $5.8 billion on November 11. Michael Burry bought put options betting Nvidia crashes to $140 by March 2026.
Bitcoin, which tracks AI speculation, dropped from $126,000 in October to $89,567 today. That’s a 29% crash. AI startups hold $26.8 billion in Bitcoin as collateral for loans. When Nvidia falls another 40%, those loans default, forcing $23 billion in Bitcoin sales, crashing crypto to $52,000.
The timeline is now certain. February 2026, Nvidia reports fourth quarter and reveals how many bills aged past 60 days. March 2026, credit agencies downgrade. April 2026, the first restatement. The fraud that took 18 months to build unwinds in 90 days.
Fair value for Nvidia: $71 per share. Current price: $186. The math is simple.
This is the fastest moving financial fraud in history because algorithms detected it in real time. Human investors are 90 days behind.
Read the full data driven deep dive article here - https://t.co/sDEf5Mdrtc
Data Centers are the trend of the year
Here are all the stocks
And their main project that could get them a hyperscaler deal
A thread 🧵
1. $IREN Iren
Sweetwater 1 data center hub, 1,400 MW, Sweetwater, West Texas, about 60 miles from Abilene
Your 40s will destroy your happiness.
You'll work 60-hour weeks while your kids need money and your parents need care.
Ray Dalio calls this the "midlife squeeze" - and it breaks most people.
His leverage strategy that changes everything:
There are more than 50,000 TED Talks.
I've compiled the top 13 TED Talks that have the power to transform you from ordinary to extraordinary.
But beware: once you start, there's no turning back.
Check them out below:
RIP Charlie Munger
I'll always remember him for this talk he gave on the Psychology of Human Misjudgement.
If you have an hour, it's well worth the time:
Being an investor for 19 years allowed me to 'semi-retire' in my forties to focus on managing my portfolio professionally.
My primary goal when making investments has always been to seek out high-quality companies well-positioned to serve society's needs and demands a year or ten years from now.
This strategy has served me well through good times and bad, and despite a painful drawdown in 2021/22, I've still yielded a 20.8% CAGR over my investing lifetime.
Every few years I undertake a full portfolio review to look for learnings and opportunities to improve my investment processes. This time around, I did it all right here on Twitter.
I've owned over 100 different stocks over the decades, but here's a recap of twenty of my most significant current and past positions, and how I've thought about each one at each stage of the investing journey.