Everything I know, about investing and life.

Romania
Joined April 2010
Richard Hutton retweeted
2024: AI helps me write code. 2025: AI writes code for me. 2026: AI hires other AI to write code. 2027: I receive information from my own agent that I am no longer needed on the project.
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A note for the history books: I went all-in on SpaceX stock before they solved full reusability.
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A question to ask yourself if you want to succeed in anything: what is the simple but hard thing most people are not doing?
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Just another day in Nasdaqistan.
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For the next long while, the QoQ revenue growth of SpaceX will look like a very impressive YoY growth rate for a traditional company.
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The revenues of SpaceX will grow by more than 100% YoY for…A WHILE!
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Richard Hutton retweeted
AI is massively deflationary, not inflationary. All digital goods and services will become abundant first, then eventually once you have mass humanoids all physical goods and services become abundant too. All prices will trend towards the cost of compute, which will trend towards the cost of energy, downwards. As this happens, humans will become unable to compete economically because why would you hire a human that is 1000x slower and 1000x more expensive and 1000x less effective at achieving a goal than an AI? Eventually this will cause human unemployment to massively increase. Those humans have lots of debt eg mortgages they won't be able to pay, which will cause a massive credit crunch and likely a banking crisis that will catalyse a sovereign debt crisis. We are very close to the End Game of the fiat monetary system.
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Richard Hutton retweeted
This is the most important piece of lifting wisdom I can give you: Plateaus aren't real. If you keep training with enough volume and intensity, you will keep progressing indefinitely, on the exact same routine. Think about it; there is no biological explanation of why a body that is continually subjected to a stress that is near the limit of its ability would suddenly stop adapting to it merely because the stressor is not varied enough. "But everything stops working after a while, and you hit a wall!" Nope. People just expect faster progression than is naturally possible. Adding a tiny bit of weight on the bar every couple of months is an excellent rate of progress that will take you very far if you keep at it for years and resist shiny object syndrome. "Switching things up" is almost always the wrong move. It just makes you waste time as your body adapts to the new approach, and that is time you could've spent pushing your limits; the limits your old routine was already pushing, which is exactly why you were progressing slowly on it. Your new routine, on the other hand, makes you "progress" fast because what you're seeing is not real progress, but merely acclimation. You need to ask yourself what the point is: maintaining the illusion of progress to keep yourself happy, or actually building strength and muscle.
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SpaceX is the coolest company in the history of the world.
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1. SpaceX rents out compute under short-term contracts 2. RSI is achieved in 2027 (or later, whatever) 3. AI value explodes 4. Compute prices explode 5. SpaceX profits explode
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I just sold all of my NVDA and bought SPCX. Why? Basically, because SpaceX is growing faster with a larger moat.
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you and me both
I’m tempted to pull all my diversified investments and just dump into $SPCX. There is virtually no risk of failure, they have no competition, and a clear path to 100x their current revenue. That’s bond style safety with Elon style returns.
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SpaceX will change the world. I mean it already has, but even more so in the future.
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Yesterday SPCX was still below where it opened on day 1.
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Nobody cares that you're strong if you're fat.
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I just bought $10k worth of CRWV. No, this is not financial advice. I’m just sharing how I think. My thesis is pretty simple. I believe: 1. AI capabilities will keep growing exponentially 2. the economic value of AI will keep growing exponentially. 3. the price of compute will keep rising In this context, I believe CoreWeave, with triple-digit revenue growth and a price-to-sales ratio of 4.5, is undervalued despite its lack of profitability and high debt. This is NOT a long-term investment. I’ll sell my entire position when it’s up 100%. I don’t mind missing out on further upside. I just want a quick double, then I’m out. This is more of a trade than an investment. From its current level, it could reasonably double in 2027. We’ll see.
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if in 5 years it doesn't go up 100%, I'll sell
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If you lift more than twice a week, you’re obviously not training intensely enough (or you’re on steroids).
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“Functional” fitness gurus be like: we train for that 0.0001% chance of carrying both parents out of a burning building at once—that relatable problem we all face. Sure, you’ll look like shit and people will question if you exercise, you’re so fat, but you’ll be STRONG!
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