Tony Nash

Complete Intelligence roaster Cloak & Dagger

[Tony Nash @TonyNashNerd]

🏡 I keep hearing about how expensive houses are. They were more expensive in the 1950s, based on the hours of work required to buy a square foot of a house.

US Housing Hours Worked per Square Foot House Price

[Tony Nash @TonyNashNerd]

@amlivemon Operational in 2060

[Tony Nash @TonyNashNerd]

@Pardon_Me_Again Sure. Triple experience points.

[Tony Nash @TonyNashNerd]

Yikes.

[Ejaaz @cryptopunk7213]

tesla just became the latest company to cut back on ai spending imposing a $200 per week token spending limit for employees and pushing them to use grok + cursor models - sign of the times to come

> elon's pushing employees to use internal versions of grok + cursor model composer.

> they've spun up multiple private agents trained on tesla data to boost productivity

> employees still get access to claude and gpt via their internal "bottleneck platform".

> this follows uber, microsoft and meta who've now cut back aggressively on spending

note that elon probably operates the largest compute cluster colossus I,II & III so this implies a plot of employees were leaning heavily on competitor models.

[Tony Nash @TonyNashNerd]

@edzitron The business case for LLMs is reverse engineering. I've said this a year + and it's a huge risk. As soon as there are high profile trade secrets and patent cases, we'll see valuations collapse and changes to TOS on these LLMs pushing liability to the user.

[Tony Nash @TonyNashNerd]

@KondratievSurge Fair

[Tony Nash @TonyNashNerd]

That sound I just heard was 100,000 systems integration consultants shrieking in terror

[Polymarket @Polymarket]

JUST IN: Microsoft is assembling a 6,000-person AI deployment team to help businesses implement artificial intelligence.

[Tony Nash @TonyNashNerd]

@neo_tzu53185 Good question. Lots of reasons (I know that's a cop out). I suspect at least part of it is risk aversion of Millenials post financial crisis. It's also been a political narrative pushed by both sides. Many more come to mind.

[Tony Nash @TonyNashNerd]

[FREE] My latest for Main Street Alpha: The Simple Housing Math That’s Triggering the Affordability Crowd
https://t.co/Rz38tuXGfd

[Tony Nash @TonyNashNerd]

@woofersus I'm not disputing any of that. As I've said elsewhere, my main intention here is to get people to question their assumptions around the "housing crisis" (or whatever chyron hype we're using today). I wrote a bit more about this here (it's free). https://t.co/Rpd5ijnrHe

[Tony Nash @TonyNashNerd]

🏡 I keep hearing about how expensive houses are. They were more expensive in the 1950s, based on the hours of work required to buy a square foot of a house.

US Housing Hours Worked per Square Foot House Price

[Tony Nash @TonyNashNerd]

@aelfred_D 🤣

[Tony Nash @TonyNashNerd]

@HermitNode There is a need to divide us politically.

[Tony Nash @TonyNashNerd]

Thanks. Honestly my main intention here is to get people to question their assumptions, even if they don't change their minds. The "affordability crisis" narrative is tiresome. As I was telling someone earlier, my parents bought a house in ~1981 at 18% interest. I watched them try to make it work. Today is not even in the same universe as the difficulties they had.

[Tony Nash @TonyNashNerd]

@Stormontenergy @AnneMarieTrades @SXMBusiness @janetonthemoney Love it!

[Tony Nash @TonyNashNerd]

@MattMillerCubed Thanks. I try.

[Tony Nash @TonyNashNerd]

Interesting adjustment to the employment report.

[Rosanna Prestia, MBA @RosannaInvests]

Checklist complete, and every box lands dovish.

Strip L&H → the -61K World Cup ONE-OFF reversal takes ex-leisure payrolls to ~118K, right on trend. May’s “blowout” and June’s “miss” were the same distortion pointing in opposite directions.

AHE: +0.3% m/m, 3.5% y/y, exactly on forecast → zero pass-through from the oil shock into wages.

The critical number came in clean. The hawks are out of legs.

[Tony Nash @TonyNashNerd]

Some people are desperately angry about my data, so I wrote a piece. Enjoy!
https://t.co/lzsmuzHwRI

[Tony Nash @TonyNashNerd]

[FREE] My latest for Main Street Alpha: The Simple Housing Math That’s Triggering the Affordability Crowd
https://t.co/Rz38tuXGfd

[Tony Nash @TonyNashNerd]

@StatisticUrban I wrote about this last week. It's a free post. Hope you enjoy it.
https://t.co/tFq8LoulPh

[Anne-Marie Baiynd, Trader @AnneMarieTrades]

Surprising piece of data - to me, anyway. BTW, fabulous interview with @SXMBusiness and @janetonthemoney this morning.

[Tony Nash @TonyNashNerd]

I'm 55 and I grew up in a 2 income household. My parents barely afforded their house, especially when they had to get an 18% mortgage in 1981. They always had car payments and we took out loans for me to go to college (I also had student loans for my grad school).

Take another bong hit.