This 1-hour Stanford lecture with Jensen Huang, CEO of NVIDIA, will teach you more about the future of AI than most articles you'll read this year
> computing hasn't changed in 64 years - it's changing now
> NVIDIA got 1,000,000x more compute in 10 years while Moore's Law gave 10x
> AI agents will run 24/7 - the on-demand era is ending
> AI will need 1,000x more energy than today - and this the biggest investment opportunity in history
full lecture below 👇
The best YouTube channels to learn AI from scratch
Andrej Karpathy – 3Blue1Brown – Stanford CS229 (Andrew Ng) – Machine Learning Street Talk – StatQuest – Serrano Academy – Jeremy Howard – Hamel Husain – Dave Ebbelaar – Lex Fridman
Bruce Greenwald is a legendary Value Investing Professor at Columbia.
His Class Notes are Top Notch Investing Material.
He taught incredibly successful investors like Li Lu, who manages money for Charlie Munger.
Let's discuss the Class Notes of Greenwald’s Columbia Class👇🏼
My notes from Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger turned into maxims:
1. Find a simple idea and take it seriously.
2. Good ideas are rare. When you find one bet heavily.
3. Humans have been writing down their best ideas for 5,000 years. Read them.
4. Avoiding stupid mistakes is more important than being smart.
5. Don’t work with anyone you don’t admire.
6. Don’t sell anything you wouldn’t buy.
7. Avoiding a bad habit is easier than breaking a bad habit.
8. Work on your best idea. Don't diversify
9. Incentives rule everything around you. Look for them.
10. Great businesses are built by going ridiculously far in maximizing or minimizing one or a few things. Think Costco.
11. Learning is changing behavior.
12. Do the unpleasant tasks first.
13. Charlie has read hundreds of biographies. Do the same.
14. Stop multitasking. Concentrate.
15. Many hard problems are solved best when approached backwards.
16. Think of ideas as tools. When a better tool comes along use it.
17. Clip your business and personal expenses. Small leaks sink big ships.
18. Make friends with smart dead people. Adam Smith, Darwin, Cicero, Ben Franklin —whoever interests you. Read their writing. Steal their ideas. They don’t need them anymore.
19. Don't confuse intelligence with invincibility.
20. Bad things will happen to you. It’s inevitable. When they do get up and keep going and remember the next maxim.
21. Self pity has no utility.
22. Find out what you are best at. Then pound away at it. Forever.
23. Only plays games where you have an edge.
24. Avoid mob rule. Avoid demagogues. Avoid dogma. Avoid bureaucracy.
25. Optimize for independence.
25. Use money to buy freedom.
26. Develop durability.
27. What do you have an *intense* interest in? Do that for money.
28. Self improvement has no end.
The Inflation Reduction Act, like me, is a Leo. Not sure what to do with this information but I think it means we should celebrate half a trillion dollars going to climate tech? https://t.co/TIXwIVdhzx
Warren Buffett reads up to six hours per day.
"I just sit in my office and read."
Having done so for over seven decades, he knows some of the best ever written.
Here are 6 recommendations that you haven't heard of yet! 👇
There are two ways to learn Investing.
Self-taught or taught by a Mentor.
Good news is, there are phenomenal resources by the best Investors in the world, that combine both.
Here are 7 must-read resources that helped me understand Investing (+ Free PDFs):
1. Joel Greenblatt's Investing Class
2. All of Warren Buffett's Public Writings
3. Bruce Greenwald's Class Notes
4. Aswath Damodaran's Valuation Class
5. Charlie Munger's Investment Checklist
6. Shareholder Letters of Peter Lynch
7. Shareholder Letters of Seth Klarman
You can download the PDFs for all of these on my Website: https://t.co/bQZbgQJjLU
I've also written Threads summarizing my personal learnings on all of these.
You can find them in my Thread Archive on my Website too.
EPF 🇲🇾released their 1H 2023 report today!
Headline numbers:
- a 40% increase in investment income from RM23.75bn to RM33.19bn. 🚀 🚀
- RM1.082 Trn record high assets
- 38.7% overseas investments, 61.3% domestic
What does this mean for our KWSP 2023 Dividend? 🧵
1/n
Elon Musk is the master of pitching.
He's sold spaceships, flamethrowers and electric cars.
And his framework can be applied to any pitch.
10 simple storytelling tips to nail your next pitch:
🔎How to Read a Term Sheet
VC term sheets are one of the most talked-about & least-understood docs in existence.
What's dirty, what's standard?
Whether you're building a company or thinking about it, as founder or employee:
Here's what the VCs know that you need to know👇
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2. Nik Ahmad says, the haze situation was controlled during the pandemic, as many plantations and factories were not fully operational.
He adds, KETSA is making early preparations to face the possibility of haze, amid the current hot weather in Malaysia.
https://t.co/Oweoi0Q3Lz
5. MetMalaysia had placed Jeli on Level 2 heatwave alert, where it was predicted to experience high temperatures of up to 40°C for three consecutive days from Friday (April 14).
Meanwhile, two areas recorded unhealthy air quality readings today, namely in Segamat and Cheras.