@Pat_Thorman@YodaFett_007 What about water waste from golf courses, almonds, and aesthetic landscaping for everyone’s lawn. Data centers are nothing compared to other waste at the moment. Could be a nat security issue too
Even the Mag 7 have come way down in terms of valuation, following their 17% drawdown since last October’s high. The cohort is now trading at a modest 25x forward P/E.
Extremely underrated Hasan Piker moment was when he went on a five minute rant about how the streets should run red with the blood of landlords and like five days later everyone found out his mom owns and manages commercial real estate
Bitcoin has been very resilient in recent weeks, and we can see below how the 52-week Z-score has been recovering (along with ETH) while the rest of the asset class spectrum has been weakening. The outlier there of course are commodities (BCOM).