This sell-off tells me people expect no interest rate cuts and higher CPI, which is good. I think we will get the expected CPI and stocks will rally. Hotter CPI is already priced in.
10 investments I believe could 10x, and why.
1. $LMND
Lemonade is the future Amazon of insurance.
Insurance is laughably archaic.
Slow quotes. Slow claims. Opaque pricing. Endless friction.
Lemonade is AI-native from day one.
Gemini Omni is a major leap in world understanding & multimodal editing! It can take photos, video & audio and build entirely new scenes. Over time it’ll be able to handle any input & any output - starting w/ video
You can even give it your own videos & iterate on your ideas:
Personal update: I've joined Anthropic. I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D. I remain deeply passionate about education and plan to resume my work on it in time.
Former CEO of Google, Eric Schmidt:
"traditional programming is over, and i'm mourning the identity i built around it"
Programmers don't write code anymore — they wake up, assign objectives to AI agents, go to lunch, and let them run overnight
For anyone still coding the old way:
"stop. it's over"
Wow, I just learned that Jensen Huang used to work at AMD before NVIDIA.
@AnjneyMidha
Stanford CS153 Frontier Systems | Jensen Huang from NVIDIA on the Comput... https://t.co/gH8lssrk5A via @YouTube
Today we're sharing our work on interaction models. A new class of model trained from scratch to handle real-time interaction natively, instead of gluing it onto a turn-based one.
https://t.co/MoS5s4cm60
Today is a hard day. I shared this note with the @linear team today: We’ve made the difficult decision to increase our workforce. This is not a cost-cutting exercise or a reflection of anyone’s performance. We’re simply reimagining every role for the agentic AI era. We’re hiring. We’re sorry about that.
@sallamdas they are being re-uploaded to the official stanford online channel here: https://t.co/24y4ACfNoE
you can also find them on x under the @CS153Systems handle
Vlad Tenev on why the Robinhood Gold card is so high aura:
" If you think about what happens to physical cards in a world where nearly all of the transactions are Apple Pay or digital, the physical card itself becomes more of a luxury good, right?"
"It's like having a nice, a nice luxury watch, like a piece of jewelry."
"Digital payments is gonna continue eating the world. And I think every reasonable card strategy has to contend with that."
@vladtenev
The $GOOG numbers were absolutely MIND-BLOWING.
Revenue +22%. Cloud +63% (WTF???) up from +48% in Q4, with record margin at 33% despite huge capex. Search accelerated yet again to +19%. The opposite of dead! Total Op margin at 36.1% (+200bps) = staying lean!
Just STUNNING. 🤯