klos

I write two 1-minute ideas a week at built that helped people invest over $80M

[klos @klos]

You may think the healthiest markets grow steadily and predictably. Wrong. The universe runs on a logarithmic scale and is full of chart violence. https://t.co/GGnW442Y7h

[klos @klos]

@MacroJason Even on the chart you share, Bitcoin and Gold flip. They may flip again, and goldbugs will look like they should pick Bitcoin. The best option is to combine uncorrelated assets together. https://t.co/mabo0445M9

[klos @klos]

Why does the whole market move together, and what can you do about it? The first of a five-part risk miniseries. https://t.co/6Eq9SLe9YZ

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@nacghb @WojtekKardys Tak

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@still_critical @Inferavision @algekalipso It was response to "AI is generally a pattern-recognizing machine. Look what it can do."

I understood that by "what it can do" he meant LLMs not a tiny neural network in Stockfish. I could be wrong.

[klos @klos]

@balajis The crowd is bored and want the gladiator to die.
But you don't kill your best gladiator for such a reason.

[klos @klos]

@still_critical @Inferavision @algekalipso The neural network in Stockfish is tiny. That's exactly what I'm saying: you don't need general intelligence to play chess. You just need to train part of your brain in a very narrow task.

[klos @klos]

@obrien "Click to enlarge" 🥲

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@petergyang He's in a position when he can disappoint a lot of people and don't care about their opinion, but yeah:

He should get the divorce before the rockstar era.

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@rodrigotuitta She's a coffee mentat.

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@Kuchenpfannne Many. Which one do you recommend?

[klos @klos]

You may think the healthiest markets grow steadily and predictably. Wrong. The universe runs on a logarithmic scale and is full of chart violence. https://t.co/GGnW442Y7h

[klos @klos]

Yeah, @wise is famous for that. They did the same to me causing a lot of problems, and held my funds for 3 months. Or course: no reasons provided.

[klos @klos]

@dawidzamkowski Haha, maybe I should start making people angry like @dhh, but probably you need to first make more people happy.

[klos @klos]

@leojohns77 The opposite of "hard" is "easy" - not "boring." Boring businesses make money, but they're not easy.

[klos @klos]

People use AI to do things difficult 5 years ago, but now it's like starting a Wordpress blog. The value is no longer there.

What you should use AI for are things difficult TODAY:
- make discoveries,
- build hardware,
- cure diseases.

[klos @klos]

@Inferavision @algekalipso LLMs still suck in chess, btw

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@DoctorLex Według mnie Saylor zrobił Bitcoinowi wilczą przysługę. Jeszcze się na końcu wyłożą i zrobią ostatni porządny krach.

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@giamattihead Half of the effect comes from the fact that he's leaning left

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@LaDoger @saylor Stuff like this makes people hate Bitcoin

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@Matt27659906 @algekalipso I know a few very smart people that suck in chess. It takes thousands of hours to memorize patterns. There are no shortcuts.

[klos @klos]

@deivisstrategus @algekalipso I'm 1600 in chess, but in online tests I have the same IQ as Kasparov (135). There is surely *some* correlation, but nothing like "the higher IQ the better you're in chess"