0xP1xel

they answer to prompts, consume megawatts, and learn faster than we do.

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

Mark Cuban paid $285,000,000 for the Mavs and everyone called him an idiot. One day of his Yahoo stock covered it

“I bought the team in 2000 for $285 million. That was a high number, it was the highest number ever paid for a team. Everybody thought I was an idiot”

“I’m on the bus right after I bought the team, and the deal hadn’t closed with Yahoo yet, so I still had a bunch of Yahoo stock. And they’re like, ‘Why did you pay so much?’”

“And I brought up the stock price. This is when internet stocks were going crazy. It had gone up like $50 that day”

“I said, ‘See that? That paid for the whole team’
One day. I didn’t stress it”

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

Most people misunderstand Munger’s quote.They think it’s a lesson in https://t.co/nQ1i7SXbwt’s actually a masterclass in risk management. When you spend your life trying to "get your results up," you aren't just accumulating https://t.co/MclOakBwDq are accumulating exposure. A bigger house requires a bigger mortgage.A better job demands more hours.A larger portfolio tempts you to take asymmetric risks just to keep the curve going up. Every time you raise your results, you accidentally raise your baseline for ruin. Munger didn’t just "lower his expectations" to be happy.He lowered them to cap his downside. He looked at the billionaires who worked themselves into early graves or blew up their empires chasing one more decimal point of return, and he saw the mechanical flaw in their system. They didn't lack intelligence.They lacked a hardcoded definition of "enough." In finance, the inability to define "enough" is the exact mechanism that causes catastrophic blowups.The trader who turns $100k into $1M and then loses it all chasing $10M doesn't have a strategy problem.He has an expectation problem. Munger engineered his psychology the exact same way he engineered his portfolios:To completely eliminate the risk of psychological ruin. The market transfers wealth from the impatient to the patient.But it transfers it even faster from the insatiable to the content. Stop trying to outrun your desires.Just kill them at the source.

[kairos @0xkair0s]

Charlie Munger lived to 99.
Two decades longer than most billionaires.

He was asked, near the end,
what the shortest path to happiness was.

His answer had nothing to do with money.

"There's no better way to be happy
than getting your expectations down.
It's much easier than getting your results up."

Everyone spends their life on the right side of that sentence.
Trying to lift results. More money. Better job. Bigger house.

Munger spent his on the left side.
Quietly lowering the bar for what he needed
in order to feel that he had enough.

Then he watched everyone else chase him
while he sat still.

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

Warren Buffett’s 2-minute CNBC segment on Google perfectly sums up the entire AI capex debate right now."Google and its competitors are laying down hundreds of billions of dollars. That’s real money. We didn’t spend that kind of cash building our railroads. This is a game that simply didn’t exist in the software era."When asked why he’s buying now—when capex is heavy and shareholders are restless—instead of back when they were asset-light, he fired back: "If you look at the track record, these companies have a higher probability of being winners than 90 to 95% of what Wall Street is selling. I’ve never seen a Wall Street report dig into a company’s actual internal rate of return. They only ask about next quarter. It’s absurd."Berkshire just added $31 billion to the pot. Yesterday, Google’s free cash flow turned negative for the first time in 22 years because of this exact spending spree. And Buffett? He’s reading it as the ultimate reason to buy.

[0xP1xel @QuantumP1x0d]

Warren Buffett’s 2-minute CNBC segment on Google perfectly sums up the entire AI capex debate right now."Google and its competitors are laying down hundreds of billions of dollars. That’s real money. We didn’t spend that kind of cash building our railroads. This is a game that simply didn’t exist in the software era."When asked why he’s buying now—when capex is heavy and shareholders are restless—instead of back when they were asset-light, he fired back: "If you look at the track record, these companies have a higher probability of being winners than 90 to 95% of what Wall Street is selling. I’ve never seen a Wall Street report dig into a company’s actual internal rate of return. They only ask about next quarter. It’s absurd."Berkshire just added $31 billion to the pot. Yesterday, Google’s free cash flow turned negative for the first time in 22 years because of this exact spending spree. And Buffett? He’s reading it as the ultimate reason to buy.

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

Claude Shannon compounded around 28% a year for 30 years on his personal portfolio.

He never day-traded.
Never used filters.
Never wrote a single trading algorithm.

He bought Teledyne in 1970 and held it for 30 years.

The man who invented information theory built his fortune by removing information from his decisions.

His only rule: only invest in businesses you actually understand.

Bookmark before you build another filter.

[0xP1xel @QuantumP1x0d]

Claude Shannon made 28% a year for 30 years. He also proved mathematically why 99% of trading filters fail. The market is mostly noise. A better filter doesn't create signal; it just shapes the noise to trick you. Shannon wrote the rules in 1948. Go read them.

[0xP1xel @QuantumP1x0d]

She bought 900,000 Bitcoin in 2009.
Today, her holdings are worth $58,894,784,010.

I can't stop wondering where she is today

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

Warren Buffett on what actually makes a life successful:

1. "If you get to be 65 or 70 and the people you want to love you actually love you, you're a success."**
I've met very rich men who had testimonial dinners and schools named after them, yet nobody truly loves them. Their own kids just say, "He's in the attic." True wealth isn't measured by your net worth, but by the love in your life.

2. The best investment you'll ever make is in yourself.**
Learn to communicate clearly, both on paper and in person. If you can't get your idea across, it's like winking at a girl in the dark—nothing happens. Communication is the bridge between your mind and the world. Get good at it, and you'll instantly raise your own value by 50%. The best part? Nobody can ever take that skill away from you.

3. You get exactly one mind and one body. That's the whole deal.**
Imagine I gave you a car and told you it's the only one you'll get for the rest of your life. You'd read the manual, keep it in the garage, and baby it. You get exactly one body and mind like that. You can't just start caring for them at 50, because by then, they're already rusted out. Protect your health early, because you can't buy a replacement.

4. You eventually become whoever you spend your time with.
You naturally drift in the direction of the people around you, so consciously pick people who are better than you. Your network shapes your future. The biggest decision of your life is choosing your spouse. Marry someone who is a little better than you, and just hope they don't figure it out too fast!

5. When it comes to money, doing nothing often beats doing something.
If you buy a farm or an apartment, you can't realistically sell it tomorrow, so you just hold it. But with stocks, you can sell in a second, so people can't help but constantly trade. However, moving your money around isn't smarter than leaving it alone. Patience is your greatest asset. Buy a piece of America, believe in it, and stop touching it.

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

@WilliamPrentiss 100%. Asking 'what would make this fail?' before building the model saves so much pain down the road. Great share!"

[0xP1xel @QuantumP1x0d]

This 4-hour masterclass by Warren Buffett and Charlie Munger will teach you more about investing, business, and life than any university on the planet.

Here is exactly what you will learn:
How to spot an economic moat
The psychology of market crashes
Why Munger avoids Wall Street
The ultimate compounding cheat code

Bookmark this. Dedicate 4 hours this weekend. No excuses.

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

@Pashafrx1337 Charlie,like

[0xP1xel @QuantumP1x0d]

Math genius Edward Thorp's 4% rule for retirement: put your money mostly in equities, spend 4% of capital per year, and it should last from your 60s to the end of your life.

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

@0xkair0s Tnx

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

It is called 'How to Speak,' and for over 40 years, it was one of the most legendary talks at MIT.

Patrick Henry Winston, an MIT professor, had a very simple idea: the way you communicate can change your life

[0xP1xel @QuantumP1x0d]

https://t.co/cTYPEl9ERO

[0xP1xel @QuantumP1x0d]

@kursormaxx very nice tweet man

[0xP1xel @QuantumP1x0d]

@Pashafrx1337 Buffet legend

[0xP1xel @QuantumP1x0d]

@Pashafrx1337 Musk genius

[0xP1xel @QuantumP1x0d]

@0xkair0s Yes

[0xP1xel @QuantumP1x0d]

@frankdillon_ No, but I'll definitely take a look.

[0xP1xel @QuantumP1x0d]

A billionaire trader has spent 40 years trying to delete a one-hour documentary. It shows him making $100 million in a single afternoon. He predicted the crash that made it possible three months in advance. He has never explained why he wants the film gone. His name is Paul Tudor Jones. The film is on YouTube.

The documentary is called "Trader." PBS filmed it in 1987, three months before Black Monday. Jones was 32 years old, working from a small New York office, wearing shorts and a t-shirt, yelling at his phones, throwing paper across the room, and sleeping under his desk. The film captures him and his research partner Peter Borish overlaying a chart of the 1929 market on 1987, month by month. The two charts tracked within one percent. Borish said this is exactly what happened in 1929. Jones said if the analog holds, October is when it breaks.

On October 19, 1987, the Dow fell 22.6 percent in a single day. It remains the largest one-day percentage loss in stock market history. That afternoon, Tudor Jones covered his shorts and made roughly $100 million. He was 33 years old. He was one of the very few traders on the street who came out ahead.

He tried to bury the tape because it made him look reckless in a professional world that punished swagger. Twenty years of legal effort did not delete it. Someone kept a copy. It is on YouTube. It has fewer views than most makeup tutorials.

The film is not really about a crash. It is about a specific philosophy of trading. Jones is shown building conviction slowly, sizing carefully, then striking hard when the setup arrives. He is never once shown making a random bet. He is shown doing the same thing five times a day, every day, for three months.

His signature line, repeated across a 45-year career:

"The most important rule of trading is to play great defense, not great offense."

He does not try to be right. He tries not to lose. He sets stops tight, cuts positions fast, and never averages down on a loser. Every trade in the film follows this template.

Tudor Investment Corp, the fund he founded in 1980, has compounded at roughly 19 percent a year for 45 years. He is 71 years old and still trading. His method has not changed since the film.

The lesson: greatness in markets is a refusal, not a talent. Refusal to be reckless. Refusal to be certain. Refusal to average down. Refusal to trust yourself in a drawdown. Tudor Jones has refused those refusals for 45 years.

The tape is free. The philosophy is repeated in every trade. Most traders will never watch it.