Compound248 💰

"That thing that rich people do where they turn money into more money. Can you teach me how to do that, Jack?” - Tina Fey, 30 Rock

Jack, “With my eyes closed.”

[Compound248 💰 @compound248]

I’ve been blessed to spend time with many of the world’s great investors.

20 years ago, I made a point to hunt down the best. Many are now popular on Fintwit - Nick Sleep, Li Lu, Chuck Akre. Others should be - Chris Hohn, Larry Robbins, and more.

For🎄: 12 lessons I learned🧵👇

[Compound248 💰 @compound248]

@WeatherPundit

[Compound248 💰 @compound248]

My tinfoil hat theory on Jensen situation.

Bear in mind, the only way Jensen gets ousted is if there is a BAD smoking gun, possibly around a crime.

A theory:

> honeypot Chinese spy-CEO girl gets Jensen

> she buys GPUs for megaspeed

> those GPUs ultimately go to China

> JH figures it out; tries to stop

> CCP tells him, “ha, gotcha b!tch” and blackmails him into continuing

> pressures JH to ship more GPUs

> JH has Nvidia ship said GPUs and tells team to not look too closely

> JH starts defending China as a potential customer publicly (see Dwarkesh pod below)

> CIA figures out what’s happening

[Note: Trump mentioned on 60 Minutes interview the US discovered a major AI CEO breaking the law. Trump threatened him with prosecution if he didn’t get onboard Team USA ASAP. “Do you like wearing orange?”]

> This is Jensen

> JH shuts down honeypot relationship and related GPU shipments

> China says, “No. If you don’t ship, we will destroy you.”

> Stuck between US legal system and Chinese blackmail, JH risks calling China’s bluff

> China does initial leak on JH honeypot affair. JH denies it to Nvidia board (6-12 months ago)

> US CIA / DoJ knows he did it

> China is not bluffing

> China sees anti-AI blue wave at last week’s US ballot box (which it helped catalyze) and decides now is the time to hit Jensen

> Leaks the story aggressively. Kill three birds with one stone: take out blackmail target; disrupt important AI leader; feed AOC’s oligarch AI wet dream

> Nvidia board forced to investigate. Discovers JH a) lied; b) broke the law; and c) had an affair with Nvidia employee

> Nvidia board doesn’t want to fire him but almost has to, especially if he knowingly broke the law

AND SO HERE WE ARE.

Critical question for $NVDA board is did JH knowingly do something illegal. Because everything else falls in a “policy violation” bucket that can be managed without termination.

But if he broke major laws, the board is trapped, barring USG intervention.

We shall see.

[Compound248 💰 @compound248]

@Kantrowitz All time banger.

[Compound248 💰 @compound248]

“You’re not talking to someone who woke up a LOSER…”
- Jensen Huang

“…and that LOSER attitude, that loser premise, makes no sense to me.”

“Your premise is WRONG.”

Jensen and Dwarkesh had a MUST LISTEN thoughtful and spicy back-and-forth.

To @dwarkesh_sp’s credit, he repeatedly holds his ground against Jensen’s aggressive pushback.

[Compound248 💰 @compound248]

@Danstringer74 I’m of the opinion Jensen is good for America and good for the world (not without flaws(!), just like all of us…).

I sort of hope the USG steps in and protects him (obviously barring evidence that he was intentionally trying to harm the U.S.,; I have trouble seeing that).

[Compound248 💰 @compound248]

Dwarkesh podcast where he and Jensen argue forcefully about China as a GPU customer.

This may be the first time I’d ever seen Jensen kind of lose his cool:

[Compound248 💰 @compound248]

“You’re not talking to someone who woke up a LOSER…”
- Jensen Huang

“…and that LOSER attitude, that loser premise, makes no sense to me.”

“Your premise is WRONG.”

Jensen and Dwarkesh had a MUST LISTEN thoughtful and spicy back-and-forth.

To @dwarkesh_sp’s credit, he repeatedly holds his ground against Jensen’s aggressive pushback.

[Compound248 💰 @compound248]

@jstepka I hope you crush it.

[Compound248 💰 @compound248]

This Jensen clip hits different tonight.

Legit sad about this.

[Compound248 💰 @compound248]

“You’re not talking to someone who woke up a LOSER…”
- Jensen Huang

“…and that LOSER attitude, that loser premise, makes no sense to me.”

“Your premise is WRONG.”

Jensen and Dwarkesh had a MUST LISTEN thoughtful and spicy back-and-forth.

To @dwarkesh_sp’s credit, he repeatedly holds his ground against Jensen’s aggressive pushback.

[Compound248 💰 @compound248]

@rennyzucker

[Compound248 💰 @compound248]

Most importantly, has anyone checked on Tae Kim?

Prayers up, brother. 🙏

[Compound248 💰 @compound248]

This Jensen clip hits different tonight.

Legit sad about this.

[Compound248 💰 @compound248]

@mario_cibelli @Mr_Neutral_Man @WSJ Oy, don’t get him going! 😅

[Compound248 💰 @compound248]

Oh sh!t.

[Compound248 💰 @compound248]

@reidjjackson lol.

Poor guy. 😅

Tbh, this whole thing, while entertaining in a narrow sense, bums me out.

[Compound248 💰 @compound248]

😢
https://t.co/iwDYOgBBT2

[Compound248 💰 @compound248]

Oh sh!t.

[Compound248 💰 @compound248]

Welp. Damn.

[Compound248 💰 @compound248]

Bullish $GOOG. 🚀

[Compound248 💰 @compound248]

“You’re not talking to someone who woke up a LOSER…”
- Jensen Huang

“…and that LOSER attitude, that loser premise, makes no sense to me.”

“Your premise is WRONG.”

Jensen and Dwarkesh had a MUST LISTEN thoughtful and spicy back-and-forth.

To @dwarkesh_sp’s credit, he repeatedly holds his ground against Jensen’s aggressive pushback.

[Compound248 💰 @compound248]

@Randall7575 @BATMongoose Yeah, the Efforts clause makes clear WU needs to be allowed to operate the business post-close, as it see fit.

[Compound248 💰 @compound248]

5. HOWEVER, in

Section 5.03 Efforts. [see the bolded areas below]

(b) Notwithstanding anything to the contrary, nothing in this Agreement shall require Parent, any of its Subsidiaries or any of its Affiliates to (and the Company and its Subsidiaries shall not, without the prior written consent of the Parent) (i) divest or hold separate any assets, voting securities, entities, or business lines of Parent or any of its Subsidiaries or Affiliates or of the Company or any of its Subsidiaries, (ii) terminate or modify any existing relationships or contractual rights of Parent or any of its Subsidiaries or Affiliates or of the Company or any of its Subsidiaries, (iii) (A) limit the conduct or actions to be taken after the Closing of Parent or any of its Subsidiaries or Affiliates or of the Company or any of its Subsidiaries or (B) modify any of the business or operational practices of Parent or any of its Affiliates or the Company or any of its Affiliates or (iv) enter into a consent decree or order requiring the divestiture, licensing or holding separate of any assets or voting securities or the termination or modification of existing relationships and contractual rights. [emphasis added]

[Compound248 💰 @compound248]

@jonkessler20 Anyone who benefits if Nvidia slows down or loses some of its $TSMC allocations.

[Compound248 💰 @compound248]

Bullish $GOOG. 🚀

[Compound248 💰 @compound248]

Oh sh!t.

[Compound248 💰 @compound248]

@Mr_Neutral_Man @WSJ Tell it to the WSJ.

[Compound248 💰 @compound248]

@mcspacface @WSJ