Treverto

Alternative investments, Energy, Hedge Funds, Miscellanea

[Treverto @Treverto1]

Understanding the Psychology of Shapes in Design

[Treverto @Treverto1]

AI put in charge of setting variable speed limits on US freeway
A 27-kilometre section of the I-24 freeway near Nashville, Tennessee, is now overseen by an artificial intelligence.
https://t.co/zocVQIW52s #ai #ArtificialIntelligence

[Treverto @Treverto1]

The weekend. #Olympic2024

[The Kobeissi Letter @KobeissiLetter]

The US government is spending as if we are in a crisis:

US government expenditures as % of GDP just hit 43%, matching levels seen during the 2008 Financial Crisis.

To put this into perspective, spending as a % of GDP is just 1% below World War 2 levels.

Even at the peak of World War 1, US government spending as a % of GDP was 20 percentage points LOWER.

Meanwhile, the Fed continues to call for a soft landing and economic data is "strong."

This is a crisis.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Nvidia stock, $NVDA, is now trading with a market cap above $2.5 TRILLION for the first time in history.

To put this in perspective, Nvidia is now larger than Tesla and Amazon COMBINED.

Furthermore, Nvidia is now larger than the entire German stock market.

Nvidia is larger than the market cap of the Italian and Australian stock markets COMBINED.

5 years ago, Nvidia had a market cap of just $100 billion.

It is now the 3rd largest public company in the world and 17% away from being larger than Apple.

Truly insane.

[Treverto @Treverto1]

🤔 Being hydrated makes you a better person, new survey reveals

Confidence, generosity and productivity: A new study shows the various ways water intake affects work quality, relationships and mood.  

https://t.co/N2GuWK2bK9

[Treverto @Treverto1]

@SkyfiApp The Mexican Dos Bocas Refinery in Paraíso, Tabasco. It will have an installed refining capacity of 340,000 barrels per day of gasoline and petroleum products.

[Treverto @Treverto1]

RT @johnarnold: The biggest mistake non-energy people make about renewables is hearing an anecdote about the economics of solar in the…

[Greg Brockman @gdb]

Introducing GPT-4o, our new model which can reason across text, audio, and video in real time.

It's extremely versatile, fun to play with, and is a step towards a much more natural form of human-computer interaction (and even human-computer-computer interaction):

[Treverto @Treverto1]

@spomboy Not in Houston. Mid ($80/dinner for 2) to top ($250+/dinner for 2) tier restaurants are packed. At some, you can not get a reasonable time reservation within 2-3 days on the weekends. And they are busy the rest of the week as well.

[Treverto @Treverto1]

Daniel Kahneman, Nobel laureate who upended economics, dies at 90

https://t.co/kzLKWcupMZ

[The Kobeissi Letter @KobeissiLetter]

BREAKING: For the first time in history, interest payments on non-mortgage debt in the US are equivalent to interest on mortgage debt, at $575 billion.

Exactly 3 years ago, interest on non-mortgage debt was at $250 billion.

This marks a 130% increase in household interest expense on non-mortgage items over just 3 years.

Furthermore, 3 years ago interest on non-mortgage debt was HALF of interest on mortgage debt.

Americans are "fighting" inflation with high interest rate debt.

How is this sustainable?

[Energy Expansion and Sustainability by S&P Global @SPGEnergyES]

Regional US clean #hydrogen hubs say 'three pillars' exclude #nuclear, gas-fed hydrogen projects

🔻Link in comments

[Science girl @sciencegirl]

When a sound wave collapses an underwater bubble, it produces light.

This is called Sonoluminescence
https://t.co/aBqmlNMKoC

[Treverto @Treverto1]

Report: How Hedge Funds are leveraging Gen AI to get ahead Link to report: https://t.co/kZNCnDKEcp

#AI #GenAI #ArtificialIntelligence #HedgeFunds #AlternativeInvestments #InvestmentManagement

[EXPeditions @joinExpeditions]

"To understand the power of art, we should look to those who want to destroy it."

Prof. of Creative Writing @marina_warn looks at art; how it offends, comforts and beguiles.... 🎨

#Art #PowerOfArt #Winnicott #ArtLessons
https://t.co/FpJwWQX6X1

[International Energy Forum @IEF_Dialogue]

The IEF's annual comparative analysis report was launched today in support of the 14th IEA-IEF-OPEC Annual Symposium on Energy Outlooks. One key finding of the analysis is shown below. The full report can be found here: https://t.co/JduJXjW3x0

[The Kobeissi Letter @KobeissiLetter]

The top 10% of stocks in the US now reflect ~75% of the entire market.

This is, by far, the most concentrated stock market since the Great Depression in 1931.

In the Dot-com bubble of 2001, concentration of the top 10% of stocks peaked at ~72%.

Even prior to the 2008 Financial Crisis, concentration of the top 10% of stocks peaked at ~66%.

On average, the top 10% of stocks reflect 64% of the entire stock market.

Is a correction overdue?

[Fermat's Library @fermatslibrary]

Here’s an interesting instance of the Banach fixed-point theorem

[Treverto @Treverto1]

This is the most exciting city in America’s Deep South right now (from The Times in the UK) Spoiler alert: It is Houston, TX
https://t.co/JHvYU0h3dB