Twinkle Brain

Adding xtra brain wrinkles. Think. learn. invest.

[James Ross @jamesrosst]

Up down for compute markets on @Kalshi will eat all other options volume

- initially @nvidia B200 forwards trading for week ahead

- oracle price is powered by @OrnnExchange

- kalshi’s distribution engine is going to be very very powerful here

[Jaynit @jaynitx]

Jordan Peterson says the ability to think and speak clearly is a superpower.

It's the one skill that makes every other skill usable, and hardly anyone builds it on purpose:

1. There is nothing more powerful than someone who is articulate and can think and speak. Peterson means power in the best sense: authority, influence, respectability, competence. All of it flows from a single capacity, the ability to formulate what you actually mean. Master that and you have leverage over almost everything else in your life.

2. Your highest skill is found in articulated speech. That is the thing worth crafting. Not a credential, not a résumé line, not a job title. The capacity to think clearly and say what you think, precisely, sits above every other skill because it makes every other skill usable.

3. If you master formulating your arguments, you win everything. And here's the part that surprises people. It isn't a zero-sum win. When you win that way, everyone around you wins too, because a person who can articulate reality clearly shines a light on the whole world.

4. The way you build it is simple to describe. Learn to think, learn to speak, learn to read. Peterson says the obviousness of it is what baffles him. People hear it and say, really, I could do that? And the answer is yes, really. It is not complicated, it is just rarely done deliberately.

5. You do it by surrounding yourself with people who were articulate beyond comprehension. Every serious thinker who ever lived left their best work sitting on a shelf, available to you, for almost nothing. That access is the entire opportunity, and most people walk straight past it their whole lives.

6. Chasing a job, or a raise, or a credential is a pathetically small target. Peterson is blunt about it. Those are the reasons everyone gives for getting educated, and they miss the actual point entirely. They aren't wrong so much as they are far too small for what's actually on offer.

7. If you're ever handed a window of freedom, it is the rarest thing you'll get, so use it. A stretch of time where you have both a respectable identity and real freedom at once is genuinely rare and almost impossible to reconstruct later. Most people get one and squander it. Whenever you get it, that is when you build the skill.

8. Understand what was required to make this possible for you. The books, the institutions, thousands of years of accumulated knowledge, all of it exists so that you can walk in and manifest what you're actually capable of. Peterson's framing is that everyone is quietly hoping you'll use it rather than waste it.

9. Transform yourself into something articulate, grounded in history, knowledgeable, and wise, and you can do anything you want. And if you have any sense, what you'll want to do is good, because there is nothing more compelling, more meaningful, or more useful against the tragedy of life than to struggle with everything you have on behalf of the good.

[Chainlink @chainlink]

Now LINKed:

Real-time data for €2,000,000,000,000 in European equities.

[Brett Harrison @BrettHarrison]

A Guide to the US Financialization of Compute

We frequently receive questions about compute trading from neoclouds, GPU-as-a-service providers, data center operators, training and inference companies, energy companies, HFTs, brokerages, investment banks, FCMs, CTAs, RIAs, ETF issuers, VCs, and others. Here's a current summary of the market structure and participants:

Three main participants in the US compute derivatives universe:

1. CFTC-regulated derivatives exchanges (DCMs)

Definition
• Exchanges where CFTC-regulated futures, options on futures, and swaps can be legally traded in the US.
• Designs, certifies, and lists derivatives contracts. Engages with third-party index providers for cash-settled derivatives’ underlying settlement prices.
• Facilitates capital formation and investment in new US commodity, currency, and energy products.
• Responsible for market monitoring, position limits, circuit breakers, recordkeeping, and protection against market manipulation.

Participants
• American Innovation Exchange: Architect acquired a DCM this year to launch the first AI-industry-dedicated futures exchange in the US. Going live soon with listed compute futures and options, with index data from Compute Desk.
• CME: the largest US futures exchange by volume, concentrated in stock indexes, rates, and agriculture. In an exclusive agreement with data provider Silicon Data to list compute futures later this year.
• ICE Futures US: the second-largest US futures exchange (run by NYSE's parent), concentrated in energy/power and soft agricultural derivatives. ICE announced intent to list compute futures in an exclusive agreement with data provider Ornn.

(pending regulatory review)

Role in compute futures/options
• Create derivatives contracts that allow commercial compute consumers, compute producers, financial firms, and individuals to hedge and speculate on the price of compute for different GPU types.
• Build a broad liquidity profile to create price discovery across the futures expiry curve.
• Facilitate sufficient liquidity and volume for the creation and redemption of compute ETFs, currently registered by six ETF issuers.

2. Compute index providers

Definition
Independent third parties that combine rental price offers and private transactions into single values representing the cost of compute per accelerator.

Participants
• Compute Desk, Silicon Data, Ornn, SemiAnalysis.
• Free aggregators (not formal index calculators): United Compute, AI Multiple, GPU Lease Index, CloudePrice_net, Thunder Compute.

Role in compute futures/options
• Standardize pricing data across the range of GPU manufacturers, SKUs, configurations, and geographies to build a useful index for hedging by commercial consumers and producers of compute.
• Build non-manipulable, IOSCO-compliant benchmarks for use in CFTC-regulated cash-settled futures contracts on DCMs.

3. Spot/forward compute capacity platforms

Definition
• Marketplaces that match customers seeking short- and long-term capacity with the neoclouds and GPU-as-a-service providers that make delivery.

Participants
• Nvidia DGX Cloud Lepton, Compute Desk, Compute Exchange, Vast_ai, Andromeda, VoltagePark, HydraHost, RunPod, Ornn, SF Compute, Shadeform, Spheron, Hyperbolic, SaladCloud, Prime Intellect, Clore_ai, Cudo Compute, Akash Network, Digital Ocean, Aethir.

Role in compute futures/options
• Collect and normalize raw GPU pricing data for index providers.
• Aggregate fragmented physical supply/demand and establish compute grades as precursor to development of physically-settled exchange-traded futures.
• Create transparency in a market where suppliers may prefer opaque pricing power.
————————————————————
Architect’s thesis is that compute will mature as a US exchange-traded asset class very quickly. We're excited to compete with incumbent exchanges, support index providers, provide ETF liquidity, and partner with capacity platforms to augment our cash-settled futures markets with physical delivery capabilities.

[Invest In Assets 📈 @InvestInAssets]

We tend to compare our performance to the S&P 500, but maybe we should compare it to other retail investors?

Even fund investors underperform the funds they invest in.

[PaxTrader777🇺🇸 @paxtrader777]

I miss this place every day. This video captures what it was like when we were busy.

[blue @blume_jamess]

Forever obsessed with the way Jane Birkin used her birkin

[Huberman Lab Clips @HLPClips]

How cavities form:

"Cavities are not caused by sugar. Cavities are caused by bacteria that feed on sugar."

"The bacteria that causes cavities by eating sugar and releasing acid, the major one is called Streptococcus mutans. It's actually a communicable bacteria."

"Strep mutans is there and it's hungry. What's it hungry for? Sugar. When there's sugar present, it eats it, it produces acid, the acid produces cavities."

"It's the amount of time in which your mouth is net acidic or net alkaline, the amount of time that you are in a demineralization mode or remineralization mode."

"The key is to try and reduce the amount of strep mutans and reduce the amount of acid in the mouth. That's the best way to reduce cavities and even reverse cavities that have started to form."

@hubermanlab

[Camus @newstart_2024]

Andrew Huberman’s no-BS fat loss protocol that actually works for real people:

Meat, fish, eggs, fruit, and vegetables. That’s it.

No bread, pasta, rice, tortillas, or processed junk. Water, coffee, or tea only.

People drop 4.5 kg (10 lbs) in the first week, stay full thanks to protein, and keep the results because it’s sustainable.

Add walking, then some resistance training, energy, sleep, mood, and libido all skyrocket.

Simple real food. No complicated rules.

What’s one simple eating change that’s helped you lose fat or feel way better?

[Gizem Akdag @gizakdag]

Tennis

[Cem Karsan 🥐 @jam_croissant]

The good old days are happening, right now.

[Kevin Xu @kevinxu]

When Steve talks, you listen.

[𝘬𝘰𝙗𝙞𝙡 @bukalakap]

“Hyrox itu kegiatan kuli yg dibikin fancy dan mewah oleh orang kaya”

Pas diliat, lah bener juga 😭

[𝘬𝘰𝙗𝙞𝙡 @bukalakap]

sc: th/billyoscar

[Aella @Aella_Girl]

I scraped tryst a while back to look at escort pricing. What physical traits correlate with high prices? Where in the US are prices the highest? Do lower priced ladies use different vocabularies?
https://t.co/mLmHD9UeU4

[No filter Skin @NoFilterSkin]

That watermelon will finish by the time I'm done cutting it.

[Sun @Diorgirlx]

baby blue dresses

[Goku @ProjectGokuu]

Dr. Rachel Rubin says a $14 cream can prevent women from dying of UTIs.

A urologist, she's furious this isn't common knowledge.

Vaginal estrogen, rubbed in twice a week like sunscreen, does a lot at once:

Fewer UTIs
Less urgency and leakage
Less painful, dry sex

"this cream can also help prevent death from urinary tract infections."

In older women, UTIs can turn into sepsis and kill.

Research since the 1990s shows vaginal estrogen cuts UTIs by more than half.

It's cheap, generic, and safe, yet most women are never offered it.

She says the data has been sitting there for decades, ignored.

A pharmacy cream costing less than lunch is being kept from the women it could save.

— Dr Rachel Rubin on Steven Bartlett's (.@StevenBartlett) Diary of a CEO podcast