@dampedspring Given your wheelhouse, I’m surprised it’s not here…
Gonna grow out way out of the debt
Meanwhile mechanics further shifting to the opposite
* then there’s that tariff piece of that “promise” too
@Ksidiii Was there as well - the only SFO attendee I was aware of, agree with much of this. Tho much of the sell side was mid-lg size too.
Headline driven unpredictability, supportive of vol —> shorter tenors and around thematics, and yes, current QIS suffering under this regime
@pmarca@bhorowitz Current VC: Valuation vs Value?
- early days/unknown true effects on TFP. No?
- Security - cost to maintain comp adv (need to build in-house vs use public LLMs at Lg Corp scale)?
- Regulatory + Litigation risk
Are valuations accounting for many unknowns or overly optimistic?
@hendry_hugh I wish there was, for many people’s sake. Report and do what you did. Unfortunately it’s whack-a-mole… always popping back up. Problem never gets solved
42s of cosmic perspective.
The final image that you will see in this zoom out is smaller than your thumb. Each point is a galaxy. With a hundred billion stars. Each.
There are roughly 265,000 galaxies in this sequence. All in that small patch of sky.