Value Drift

Exploring reality truthfully and making money. Sometimes even together.

[Value Drift @valuedrift]

Lmao $ACMR also sold on this headline. That would be GOOD for $ACMR obviously...

[Evergreen @evrgn11112231]

$MU nationalization and price regulation incoming?

*TRADE GROUPS URGE US TO BOOST MEMORY CHIP SUPPLY STRAINED BY AI
*NINE INDUSTRY GROUPS PRESS TRUMP ADMINISTRATION ON MEMORY CHIPS
*TRADE GROUPS SEND LETTER TO BESSENT, LUTNICK ON MEMORY SHORTAGE

[Value Drift @valuedrift]

Seems Bitcoin is doomed to test the Iran lows or close. I was a fool to try to buy the dip, not fun losing money knife-catching (it never is).

[Value Drift @valuedrift]

@menhguin Also maybe the government wants them to be at a more reasonable valuation when they list A shares.

[Value Drift @valuedrift]

Look at that Hyperliquid price action. If there wasn't the bad luck of Bitcoin happening to be dragged to hell at the same time as the Hyperliquid attempted breakout Hyperliquid would be triple digits already for sure...

[Value Drift @valuedrift]

@Franny8 Nice, $TSLA barely any of float short...

[Deliberate Capital @deliberate_cap]

Friend made the point to me yesterday that Tesla and SpaceX are bound to merge. The question is which one do you long and which to short?

[Value Drift @valuedrift]

@Franny8 Also thinking about it. $SPCX demand is kind of secular and not tied to consumers. $TSLA is a consumer product (even robots). Kind of like the AI trade at large...

[Value Drift @valuedrift]

@Franny8 Maybe I should short some $TSLA to hedge all these long $SPCX trades...

[Value Drift @valuedrift]

https://t.co/ceSTNdUwbC

[Kalshi Politics @KalshiPolitics]

BREAKING: Hunter Biden has a 14% chance to run for President as a Democrat in 2028

[Value Drift @valuedrift]

Time to find Hunter Biden future POTUS contracts on Kalshi...

[Hunter Biden @HunterBiden]

@SleepyManny Man if you’re going to be mean and least get it right. I smoked crack. I would never have wasted coke on snorting it.

[Value Drift @valuedrift]

@RomanSPQR Elon failed at DOGE, but I think it's good R/R betting he can engineer a good IPO pop at least.

[Value Drift @valuedrift]

Sold $DXYZ puts to pay for $SATS and $XOVR calls.

Come on Elon, don't fail us now...

[Value Drift @valuedrift]

Holy turducken!

$GNS buying $DXYZ and $VCX shares...

[Value Drift @valuedrift]

@RomanSPQR Not in my buy and hold index! ($VT via $WLDU.)

It's highly likely to mechanically go up first, before it then becomes an unattractive long term holding.

[Value Drift @valuedrift]

@RomanSPQR Because Elon is forcing indexes to buy SpaceX.

[Value Drift @valuedrift]

Bought a lot of $XOVR calls. Low IV way to bet on SpaceX having a successful IPO. And the rest of the holdings I would expect to have more upside than downside too.

[Value Drift @valuedrift]

Turduckens getting killed today.

Bought $SATS calls again.

And on $DXYZ there's an interesting opportunity to sell puts where it has to go lower than NAV to lose money...

[Value Drift @valuedrift]

That's very bullish for the AI trade if Republicans win this fall or even just prevent a big Democratic majority.

[The Associated Press @AP]

BREAKING: The U.S. Supreme Court allows Alabama to use a congressional map favoring Republicans in this year's elections. https://t.co/sNYRPFD8Jn

[Value Drift @valuedrift]

Oh, interesting, Korean markets closed for Election Day.

[Value Drift @valuedrift]

I think AI native companies may crush incumbents. The company described here is probably even better than the average incumbent company...

[Annie ❤️‍🔥 @AnnieLiao_2000]

Deploying AI in enterprise is a mess right now.

We watched one company spend 8 months going in circles:

Month 1: Copilot (bundled in, seemed free)
Month 2: Rolled out ChatGPT to 20% of staff because Copilot underperformed
Month 3: Both tools sitting at ~20% adoption. Reassessing costs.
Month 4: Decided to go all-in on ChatGPT
Month 4-5: A rogue Claude user group quietly formed
Month 6: IT launched a formal Claude assessment
Month 7: Decided to switch the whole rollout to Claude
Month 8: ChatGPT Codex dropped. IT is now running another cost review...

This landscape will continue to change.

Enterprise AI adoption is not a procurement problem. It is a change management problem... And most companies are solving the wrong one.