Charles Vanderwater

Retired Physician ( now helping with COVID-19 Response) Then World Traveller with My Wife and Best Friend Shelly( 4 daughters, 5 Gchildren)Life Long Student

[Jensen Huang @JensenHuang]

For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.

AI will transform every industry, power every company, and be built by every country.

Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.

The world needs both frontier closed models and frontier open models.

https://t.co/AUKzoQ5Ikb

[Charles Vanderwater @drv_540]

@shauryabjym Truth in Artistic Form .

[Shaurya Mishra @shauryabjym]

The lyrics of this video hits hard.

Take good care of your parents while they are still alive, so that your days may be long on this earth that the Lord your God has given you.

[Tiho Brkan @TihoBrkan]

Warren Buffett underperformed all bubble periods, was written off every time, and yet, in the end, outperformed almost everyone in the very long run.

He missed the following… 👇🏽

1) He underperformed the Nifty 50 bubble in the early 1970s. He actually sat out the whole thing all the way to the peak.

2) He underperformed the dot com bubble in the late 90s, and many people wrote him off, claiming “he lost his touch”. He didn’t own a single internet or tech name. People laughed and ridiculed him for years.

3) He underperformed the commodities bubble in the early 2000s. He didn’t own any miners, any commodities (including gold), and had virtually no exposure to emerging markets by their peak late 2007.

He is now underperforming the AI bubble too (even though he recently retired). The ChaptGPT moment occurred during the 2022 bear market and Buffett has not bothered to purchase even one AI stock since.

Buffett never felt the emotion of FOMO or never thought that his opportunity cost is crowds insanity (bidding up stock prices). And yes, despite underperforming during every single bubble period, he achieved an incredible CAGR track record that almost no one can match (and might never match it in the future).

You don’t need to catch everything. We are not playing Pokémon. This is intelligent investing and you should only strike at fat pitches and no brainers.

Avoid everything else.

And remove emotional decision making (formally known as affect heuristic), including envy. It really doesn’t matter if your neighbour is getting richer faster than you are with AI hype.

[Charles Vanderwater @drv_540]

@RebellioMarket Yes

[Charles Vanderwater @drv_540]

@MMMTwealth Patience. Certainly,during the impending US recession.

[Charles Vanderwater @drv_540]

https://t.co/oBDFjjazdm

[Ray Dalio @RayDalio]

https://t.co/Xpdl8fYoBg

[Charles Vanderwater @drv_540]

@elonmusk @Perhaps this represents the scrambled neurons in your braon

[Charles Vanderwater @drv_540]

An interesting essay on the incongruity of the alignments of Elon Musk politically, and the effects on his business empire. (Well worth reading)

https://t.co/feJnA7HaR5

[Claude Taylor @TrueFactsStated]

From the great @deAdder

[Charles Vanderwater @drv_540]

@SJosephBurns Demand < Supply 👌

[Guy Spier 🇮🇱 🇺🇦 🇨🇭🇬🇧🇮🇷🇦🇪 @GSpier]

My thoughts and prayers are with the good people of New Orleans.

I wrote the post below in the wake of of the car ramming terrorist attack in Magdeburg, Germany.

I would say the same about the United States.

We in the West need to do a far better job of protecting our civilization.

[Charles Vanderwater @drv_540]

@GSpier Amen @GSpier

[Charles Vanderwater @drv_540]

Something to Seriously Think About

[Shaun Newman Podcast @SNewmanPodcast]

Argentina just achieved something incredible:

A balanced budget for the first time in 123 years.

Meanwhile, Canada's debt-to-GDP ratio just hit 105% — higher than Germany or the UK.

Here's what we need to learn from Argentina:

[Charles Vanderwater @drv_540]

No surprise here

[Brian Day @DrBrianDay]

A recent poll shows that the status quo in government controlled Canadian health care is not acceptable- https://t.co/ptfwgAnV1H

[Barack Obama @BarackObama]

Donald Trump is not thinking about you. He only sees power as a means to his ends. America is ready to turn the page.

[Charles Vanderwater @drv_540]

@elonmusk Move . The Harris/Walz ticket candidates are superior,decent people whom the US people can be proud of .

[Charles Vanderwater @drv_540]

@BillAckman @JDVance @WALZ That’s easy. @realDonaldTrump

[Charles Vanderwater @drv_540]

@BillAckman @christopherrufo @realDonaldTrump @BillAckman Honestly. What is wrong with you? Is @realDonaldTrump your only path to favour financially.DJT panders to those who benefit most from DJT’s taxes cuts and short term economic “juicing” measures. Do better Bill. “The Meek Will Inherit the Earth” 🦋