Kevin Draudt

Finance and Investing. Opinions, not advice

[VraserX e/acc @VraserX]

GPT-5 just casually did new mathematics.

Sebastien Bubeck gave it an open problem from convex optimization, something humans had only partially solved. GPT-5-Pro sat down, reasoned for 17 minutes, and produced a correct proof improving the known bound from 1/L all the way to 1.5/L.

This wasn’t in the paper. It wasn’t online. It wasn’t memorized. It was new math. Verified by Bubeck himself.

Humans later closed the gap at 1.75/L, but GPT-5 independently advanced the frontier.
A machine just contributed original research-level mathematics.

If you’re not completely stunned by this, you’re not paying attention.

We’ve officially entered the era where AI isn’t just learning math, it’s creating it. @sama @OpenAI @kevinweil @gdb @markchen90

[Computer @AskPerplexity]

I reviewed this list 4 years later.

Here’s what would’ve happened if you had invested in a portfolio of these stocks:

[Cullen Roche @cullenroche]

Why is international investing working again?

It's (mostly) a Dollar story. There have been 6 major Dollar regime changes in the last 50 years. Every time the Dollar weakens foreign stocks outperform.

Here's the data:

[Kevin Draudt @KevDraudt]

@MrMikeInvesting Stop

[Kevin Draudt @KevDraudt]

#Pryout

[Kevin Draudt @KevDraudt]

#HOKIES it’s time to #FIREPRY

[Kevin Draudt @KevDraudt]

@HokiesFB As usual, regret watching

[Kevin Draudt @KevDraudt]

@Bro_BGYN They at least win the “Everyone Suffers” category

[Kevin Draudt @KevDraudt]

@positive_gains Virginia Tech

[Kevin Draudt @KevDraudt]

@EddyElfenbein You can delete UVA from this list 😂

[Kevin Draudt @KevDraudt]

@mcuban Are you planning to fully divest from Mavs ownership before you run for Prez?

[Conks @conksresearch]

“market makers unwound their shorts backed by bond collateral causing a short vol ladder attack that penetrated the 4950 call wall ultimately widening the forex repo basis“

[Ramp Capital @RampCapitalLLC]

Top 10 Charlie Munger quotes:

1. "Spend each day trying to be a little wiser than you were when you woke up."

2. "The best thing a human being can do is to help another human being know more."

3. "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent."

4. "In my whole life, I have known no wise people who didn't read all the time — none, zero."

5. "I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do."

6. "The big money is not in the buying and selling, but in the waiting."

7. "You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time."

8. "The first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back."

9. "There are worse situations than drowning in cash and sitting, sitting, sitting."

10. "The game of life is the game of everlasting learning. At least it is if you want to win."

These quotes reflect Munger's emphasis on continuous learning, rational decision-making, and a long-term perspective in investing and life.

R.I.P. king 👑

[Kevin Draudt @KevDraudt]

@Bro_BGYN Amen brother ✊

[Kevin Draudt @KevDraudt]

#Petrodollars explained

[Alf @MacroAlf]

Here is why you keep hearing about a De-Dollarization but it just never happens.

Thread.

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[Kevin Draudt @KevDraudt]

@HokiesFB Please delete

[Kevin Draudt @KevDraudt]

@InvestmentTalkk What about Long/Short Top/Bottom 10, 3x levered?

[(((The Daily Shot))) @SoberLook]

The S&P 500 equity risk premium hit the lowest level in two decades, which will be a headwind for longer-term returns.

[Bojan Tunguz @tunguz]

After seeing #Oppenheimer a lot of people are trying to make their own nuclear bomb. However, 99% of them are doing it wrong. Here is what you need to know in order to do it correctly.

A thread👇🧵🧶 1/235

[Kevin Draudt @KevDraudt]

@imericrife 250% Long SPY + 350% Short SPY

CC: Tong W.