Amir Fischer

16, founder @ noar vc, host @ generating alpha

[Amir Fischer @AmirFischer09]

@j0nathanj @mickymalka Two legends

[Amir Fischer @AmirFischer09]

@j0nathanj @BillAckman Legendary

[Bill Ackman @BillAckman]

Cool

[Amir Fischer @AmirFischer09]

@j0nathanj @Enigma_AI JJ the goat

[Amir Fischer @AmirFischer09]

@carloagostinel2 @j0nathanj 🫡

[Amir Fischer @AmirFischer09]

@j0nathanj is an exceptional human being and founder. Very grateful to be a small supporter. Try it out!

[Enigma @Enigma_AI]

We put 100 real AI-powered robots online.

Anyone in the world can control them right now, from a browser.

Go make one do something:

[Amir Fischer @AmirFischer09]

@j0nathanj You are even more so!

[Amir Fischer @AmirFischer09]

@carloagostinel2 @j0nathanj @Enigma_AI Classic Carlo W

[Amir Fischer @AmirFischer09]

@Enigma_AI Congrats JJ!

[TechCrunch @TechCrunch]

Enigma raises $70M to make controlling a robot as easy as adjusting the volume https://t.co/MY9GVClW8A

[Amir Fischer @AmirFischer09]

@Etched Congrats!

[Etched @Etched]

We’ve raised $300M in Series C funding at a $10.3B valuation from Sequoia, Andreessen Horowitz, Jane Street, Argo, and SK Hynix.

Our mission is to run the world's inference. This round accelerates production of our inference clusters.

We've opened an 80,000-sqft, 10-MW facility 15 minutes from our office to expedite production and prototyping.

[FORTUNE @FortuneMagazine]

https://t.co/82vSJVvtIK

[Amir Fischer @AmirFischer09]

@FerdiDabitz Legendary

[Jeremy Fraenkel @fraenkelj]

Kind of wild … our model called Argentina v Spain on June 11 on TBPN when betting markets were predicting France to be the winner

@tbpn @jordihays @johncoogan

[MountainTimeInvestor @MtnTimeInvestor]

@GavinSBaker dropped some knowledge @AmirF15336 Generating Alpha Podcast about how important love of the game is investing, and how difficult public equity investing is. He shares lessons learned from his toughst period at Fidelity in the below clip below.

If you invest in US equities in any way, I think this conversation is a must listen. It's one I’ll look back on during the red days in this game.

“No matter how good you are, you’re going to have really hard times. And so much of success is just resilience, tenacity, and LOVING THE GAME. Like forget succeeding, you cannot succeed as an investor if you do not love the game because you’re competing with people who do…you can’t survive if you don’t love the game.”

[MountainTimeInvestor @MtnTimeInvestor]

@GavinSBaker spoke on @AmirF15336 Generating Alpha Podcast about the importance of resilience, tenacity, and knowing yourself as an investor.

He explains how in the clip below, which I’ll come back to on the red days in the portfolio.

"You just have to have a mechanism and a system, for me its exercise, its returning to these touchstones, its looking back at notes I wrote during other drawdowns, where instead of getting tense and choking up on the bat, you relax."

[Chief Nerd @TheChiefNerd]

GAVIN BAKER: “Tesla and Elon have done more to decarbonize the world than all environmental activists combined.”

[Fireside Alpha @firesidealpha]

Gavin Baker says the best career advice is two words: be kind and be scrappy

"Be kind and be scrappy. A lot of people who are kind are not scrappy, and a lot of people who are scrappy are not kind. Being kind is super powerful. There is karma in the world. I've had hard experiences. If you are kind to people, a lot of people pay it back."

"My rule with someone is I'll bounce the ball once to anyone. If they don't bounce it back, I'll bounce it back one more time, and then never again. And you end up in a group of like-minded people who help each other, who cooperate."

"Investing is a positive sum game, it's not a zero sum game. Even if you're not the best person in your class at Goldman Sachs or Morgan Stanley or JP Morgan, it's going to be okay. People won't remember that you were the best. They'll remember how you treated the other people in your class."

[Lumida Wealth Management @LumidaWealth]

THE EMPTY MEETING THAT MADE GAVIN BAKER MILLIONS.

Gavin Baker recently shared the story of one of the best trades he ever made, and it's a masterclass in what conviction looks like when nearly everyone else in the room is missing what's in front of them.

The setup is worth understanding first. Baker's investment philosophy has always been anchored in what he calls his first loves. Watts and wafers. Semiconductors and energy. The two industries that sit at the physical foundation of nearly every consequential technology shift in modern history. His thesis is that as AI eats the world, silicon will eat the world too, because AI is dramatically more computationally intensive than the deterministic software humans have written for the last fifty years. Every added agent, every chain of thought, every probabilistic recomputation multiplies the compute demand. Silicon is the constraint on everything, and Baker built his career around that insight.

The Tesla story comes from a bus tour of Silicon Valley right before Tesla came off its IPO lockup. Baker had missed the IPO, and he wanted a second look. The 6 pm meeting with Elon Musk was almost empty. Tesla was a $1.5 billion market cap company. Most investors on the tour didn't bother showing up. Baker did, because he had grown up loving cars, fighter jets, tanks, and mechanical engineering, and he wanted to hear how Musk framed the case for electric vehicles from first principles.

What Musk laid out that evening was extraordinary. EVs, he argued, were the only form of transportation where the core inputs were structurally deflationary. Everything in an internal combustion car gets more expensive over time because the world is resource-constrained. But the price of batteries keeps falling, and the energy density of batteries has been compounding at mid to high single digits for years, running only slightly below the improvements in solar photovoltaic efficiency. Every year, the fundamental economics of EVs get better while every year, the economics of internal combustion get worse. That divergence alone made the long-term outcome nearly inevitable.

The mechanical engineering case was even sharper. Because the battery sits on the bottom of the vehicle, an EV has both a lower center of gravity and a lower polar moment of inertia than any internal combustion car. That means it handles better. Because an electric motor can control traction millisecond by millisecond, it accelerates faster. Baker noted a detail most car enthusiasts still don't fully appreciate. A two-wheel drive EV, whether front or rear wheel drive, likely has better traction than an all-wheel drive internal combustion car. And because you don't need to house an 800-pound block of metal in front of or behind the passengers, you get more interior space, better crash geometry, and more design flexibility.

Musk wasn't selling a car company that night. He was laying out an inevitable technology transition using pure physics and pure economics. Everyone else on the tour heard a pitch. Baker heard a certainty.

That's what conviction looks like. Not blind faith. Not narrative. A first-principles understanding of why the physics, the economics, and the compounding curves all point to the same destination, and the willingness to act on that understanding when the market hasn't yet caught up.

The deeper lesson is that the biggest returns in markets don't come from finding what everyone else already sees. They come from showing up to the empty room where the person with the answer is patiently explaining it to whoever bothered to attend.

@GavinSBaker