Game Of Moats

When you play the game of moats you win or you die. There is no middle ground

[Game Of Moats @GameOfMoats]

Do not cross Bessent unless you want an upper cut to the chin

[Game Of Moats @GameOfMoats]

@Jason But why would I accept working less instead of just doing more in the same amount of hours, because if I do that, then my compensation should increase for working the same hours I was? The notion that we are all gonna work less ignores the ambitions of humans to get ahead

[Game Of Moats @GameOfMoats]

@BoringBiz_ They aren’t real

[dalibali @dalibali2]

Another software company didn’t die

[Game Of Moats @GameOfMoats]

Blew through my allotted Claude Cowork spend in three days…game changing tech but hard to build real workflows and change my behaviors if I can’t reliably use it

[Game Of Moats @GameOfMoats]

@bgurley AI is going to be the true stress test of “moats”. If there is a true moat, companies will be able to continue raising pricing. AI exposing who truly has a moat and who doesn’t, in my opinion, particularly in software land

[Game Of Moats @GameOfMoats]

Everytime I read/listen to Tobi I think “why haven’t I invested 50% of my net worth in this guy?” $SHOP so well-positioned for AI era.

[tobi lutke @tobi]

https://t.co/6i6h3sKi3x

[Game Of Moats @GameOfMoats]

First experience ordering at @WEN drive thru with their AI voice bot. Something strangely unsatisfying about the experience, though I do appreciate how good the voice AI tools have gotten. It got my rather complicated order correct where I fumbled over my words and altered the ordered midway through.

[Game Of Moats @GameOfMoats]

@politicalmath I totally agree but it might not matter because the iPhone moat is so wide nobody can touch it and everybody still needs phones to use AI

[Game Of Moats @GameOfMoats]

@buccocapital @Jesse_Livermore No wonder why a majority of people have a negative view of AI

[Game Of Moats @GameOfMoats]

And everybody wonders why the public is scared of AI…the face of the industry constantly warns of impending doom. Gotta be the first tech revolution where the literal people making the tech are the ones most fearful of it. Bill Gates didn’t focus on the massive amount of back office employees that the personal computer would displace. Why not focus on the massive amount of society and personal efficiencies society will gain!?

[TFTC @TFTC21]

Anthropic CEO Dario Amodei: “50% of all tech jobs, entry-level lawyers, consultants, and finance professionals will be completely wiped out within 1–5 years.”

[TFTC @TFTC21]

Anthropic CEO Dario Amodei: “50% of all tech jobs, entry-level lawyers, consultants, and finance professionals will be completely wiped out within 1–5 years.”

[Game Of Moats @GameOfMoats]

Couldn’t agree more. I’m working on initiating on several new companies. I have deep research breaking these businesses down for me, and it feels like a super power. But then when I step back and really think about it, I don’t really understand/know these businesses cold. An underrated part of the learning process is actually the hard work of compiling/reading and creating charts, building models, talking to people, etc.

[Game Of Moats @GameOfMoats]

I don’t think Jensen did the best job explaining to Dwarkesh why it’s important to get Chinese AI companies hooked on $NVDA chips. You want them using NVDA because if you back them into a corner and cut them off, they will eventually figure out their own way and build their own ecosystem as this is far too critical a technology for them not to. Then the US has no geopolitical leverage over them at that point and they very well could steam right past us in capabilities. Choke off $ASML EUVs, yes. Not chips. Hooked on US chips = geopolitical leverage. @benthompson talks about this frequently.

[Game Of Moats @GameOfMoats]

@themattharbaugh @crowdturtle When value guys start mucking around in “deep value software” be wary. It rarely works. These aren’t hard asset businesses going through cyclical downturns

[Game Of Moats @GameOfMoats]

@aakashgupta $WDAY does $10b of subscription revenue…

[Game Of Moats @GameOfMoats]

@HarryStebbings Can’t just post that and then not say what software!

[Game Of Moats @GameOfMoats]

@bobspaysubstack Ebitda for DAY is as useful as a winter jacket in July

[Game Of Moats @GameOfMoats]

@PythiaR @shortbus_ace Agreed and it was blatantly obvious that Shop Pay and Apple Pay were far superior with advantages positioning. Not as clear cut with enterprise SaaS

[Game Of Moats @GameOfMoats]

@winsteadscap @grok whic publicly traded home builders have the most exposure to the Dallas metro?