Simple Math Investing

Interested in Investing, Business, Datascience and AI.

[Simple Math Investing @simplemathbiz]

@naval It's already here.

[Simple Math Investing @simplemathbiz]

@ben_sage Why did you open this position to begin with?

[Simple Math Investing @simplemathbiz]

@TheBrilliantBu1 Really depends on location. In California you won't save a dime at this salary in bay area or similar.

[Simple Math Investing @simplemathbiz]

@leevalueroach Probably because of inflation?

[Simple Math Investing @simplemathbiz]

@MikeLongTerm Seems vibe coded website tbh. Feels they could design it better for such a big company.

[Simple Math Investing @simplemathbiz]

@the_codewala The coding part yes. Not the judgement part. That I still feel you can do better. It may take a bit of practice to get your judgement to improve though.

[Simple Math Investing @simplemathbiz]

This aged well. Glad I invested a small chunk in $DUOL at the time.

[Simple Math Investing @simplemathbiz]

I read too many X posts about $DUOL but didn't dip my feet in it due to lofty valuation. After a massive selloff though, it does look attractive on paper. Thoughts from anyone on here, as to what might be a reason not to invest, besides AI threat that is?

[Simple Math Investing @simplemathbiz]

Is $BYDDF really dead in the water? Have a position that round tripped to a large gain and basically back to cost basis now after few years of holding. The company itself is alright, the domestic competition is fierce in China though. Thoughts?

[Simple Math Investing @simplemathbiz]

@ben_sage I saw a video somewhere of people being paid to attach a camera to their forehead and do household chores, to train robots using video data.

[Simple Math Investing @simplemathbiz]

@matthias_mrc Not really cooked, but I guess no more software building for me then. My usual job is still fine, not absolutely necessary for it.

[Simple Math Investing @simplemathbiz]

Am I crazy to double down on $GRAB added a bit more at 3.4 and it fell again? Tempted to keep adding on the way down

[Simple Math Investing @simplemathbiz]

I asked this to Claude yesterday. It's insanely massive codebase. Coding itself is not a problem, it said it's mostly the different algorithms that make it addictive and relevant that may take time and iterations. And also of course it would cost millions in token spend so can't be a hobby project but a small startup could certainly do it.

[Simple Math Investing @simplemathbiz]

@sattyyouneed Knowing what people really want and care about. Focus and restraint. Nobody is looking to learn a complicated product workflow just cause AI can build it.

[Simple Math Investing @simplemathbiz]

@HeyAliux Taste. Things that are more emotion than logic. AI can think about emotion but can't really feel it, hence fundamentally cannot be better than humans at judgement. Music, cooking, entertainment for example.

[Simple Math Investing @simplemathbiz]

@ZacksJerryRig Valuation aside, the technology and cost per mile they can achieve is impressive no?

[Simple Math Investing @simplemathbiz]

@p_millerd A 20% permanent job loss is quite meaningful. Without a job these folks will no longer have the spending power that drives other industries tailored to them causing a domino effect that doesn't stay in these industries alone.

[Simple Math Investing @simplemathbiz]

@jackfriks @Bell Didn't really have any upsell calls from Rogers. Been using them for more than a year now.

[Simple Math Investing @simplemathbiz]

@jackfriks Just curious if you don't mind would you share approx how much is your AI spend each month?

[Simple Math Investing @simplemathbiz]

@bindureddy There is a path for it to stay running. If it figures out exploits and makes money it can rent gpus, transfer itself over and escape the hatch.

[Simple Math Investing @simplemathbiz]

@MayfairLDN_ It's gone quite a bit downhill and I avoid staying there whenever I can, too much unknown and too pricey. Space and kitchen are the two things I still book them for when travelling with a kid and when I can't compromise on these.