Daniel Dimitrov

[Daniel Dimitrov @danieldimitrov]

Some lessons I learned and relearned on my microcap investment journey during 2024.

I hope these insights are helpful to someone.

Here they are, in no particular order:

[Daniel Dimitrov @danieldimitrov]

I watched only the first couple of minutes, but I think he is significantly downplaying the usefulness of current LLMs.

We are deploying AI in companies these days and helping with adoption, and I see actual ROI from these projects. Despite all the issues current LLMs have, the technology is very useful if it is deployed in a way that makes sense.

From an investor’s point of view, I agree that we are likely in a bubble. However, I think the big difference between examples like the metaverse and crypto is that current LLMs actually have utility for broader market, even in their current state.

Happy to talk about in person Paul!

[Daniel Dimitrov @danieldimitrov]

@synopsi Turns out, having a family matters.

"These effects were concentrated among individuals living alone."

[Daniel Dimitrov @danieldimitrov]

Fair point. But I think you might be thinking about it a bit too binary.

Software is basically workflows on top of the data. What could happen is that over time, more and more of these workflows are going to be moved somewhere else. It doesn't have to happen in one big bang.

So the overall value of the software for the organization is going to decrease, and with that your appetite for how much you are willing to pay for it.

[BOOM X @CryptoBoomNews]

When you remember your grandma had a gold tooth

[Daniel Dimitrov @danieldimitrov]

How many resources were wasted this time to once again introduce something completely useless that is slowing down business in the EU and preventing the formation of new industry on European soil?

https://t.co/2d02bNQAMc

[Jeremy Giffon @jeremygiffon]

A pretty much constant paradox is that we expect outlier outcomes from people that we demand act in normal, average ways. We love geniuses after they do the great thing, but we basically loath and harass them if they act in uncouth ways before hand.

[Daniel Dimitrov @danieldimitrov]

@IrrationalMrkts Congrats, Kyle!

[Daniel Dimitrov @danieldimitrov]

One of the biggest issues with @OpenAI in business is the availability of their services.

There is simply not a week when everything in their stack works as it should, and since the release of GPT 5, it has been much worse.

[Daniel Dimitrov @danieldimitrov]

Looking for a strong, impenetrable moat in microcaps is a great way to never buy anything.

[Michael A. Arouet @MichaelAArouet]

Eye-opening chart, S&P 490 has had no earnings growth since 2022. Is the economy really strong?

[Daniel Dimitrov @danieldimitrov]

@Investmentideen What are the top three questions you ask repeatedly to understand the quality of the management you speak with?

[Daniel Dimitrov @danieldimitrov]

@nicochristie Looks great, congrats! Would love to get an access.

[Daniel Dimitrov @danieldimitrov]

@patviera Nick, what’s your top 3–5 right now, with KINO likely out? Of course CAV, I guess SPSY. What else?

[Daniel Dimitrov @danieldimitrov]

@evfcfaddict So true. Very small tracking positions are the only exception for me.

[Daniel Dimitrov @danieldimitrov]

No clue how this is going to unfold in the end, but for me, it's just a reminder that boring is beautiful and that the concept of a margin of safety exists for a reason.

[Holger Zschaepitz @Schuldensuehner]

China’s #DeepSeek could represent the biggest threat to US equity markets as the company seems to have built a groundbreaking AI model at an extremely low price and w/o having access to cutting-edge chips, calling into question the utility of the hundreds of billions worth of capex being poured into this industry. https://t.co/vEesgELLPA (via @knowledge_vital)

[Daniel Dimitrov @danieldimitrov]

What is also utterly striking to me is how many traditional mainstream media outlets in Europe are completely silent about the topic today.

Check your favorite local media and see what they report in their Europe news section today. It is a great litmus test.

[Guy Spier 🇮🇱 🇺🇦 🇨🇭🇬🇧🇮🇷🇦🇪 @GSpier]

Britain stands shamed before the world.

[Daniel Dimitrov @danieldimitrov]

@finance_schmidt Wow 😅

[Daniel Dimitrov @danieldimitrov]

@WolfOfOakville 💯