AlphaSucker 😎 @alphasucker

CONGRATULATIONS, Netflix India...You just produced INDIA'S version of TOP GUN MAVERICK... Couldn't believe the aerial shots of fighter jets flying among the Snow laden HIMALAYAS..I was just wondering about the production costs of this series ... Specifically because this is Not a movie, but a Netflix series ....High altitude bombing, Low altitude bombing...OMG !! You made the technical aspects easily understandable. The series made my respect for India' s defence forces go up by a 100 points...KUDOS TO Y0U, NETFLIX INDIA @NetflixIndia

Stock and bond markets climbed walls of worry nonchalantly in 2025, but gold also had its best year since 1979. I am a novice when it comes to gold, but my thoughts on gold as investment and insurance are in this post. bit.ly/43ktAH4

Mega compilations of all things @mjmauboussin 180+ research reports, articles, interviews etc totaling 3,800+ pages @trengriffin @HurriCap @ValueInvestorAP @mauribf @BSalasManzanedo @PrometheusAM @patrick_oshag @FocusedCompound @ClarkSquareCap mjbaldbard.wordpress.com/2020/09/08/mic…

I've been following the developments around Ozempic and GLP-1 drugs with some interest for a while, and last week Eli Lilly launched its variant, Mounjaro, in India. Remember, India has the highest number of diabetics, and if current trends hold, 30%+ of Indians will be obese. I don't think we have a good understanding of the second-order effects of these weight loss drugs, but so far, the effects people are reporting are remarkable. The obvious effect is that people can lose 15-20% of their weight, as long as they keep taking the drug. But I've also read that the drug can potentially reduce addictive tendencies and compulsive behaviors like alcoholism, smoking, gambling, and so on. There's some evidence to show that these drugs can reduce the risk of cardiovascular diseases, dementia, and Alzheimer's; improve mental health; and so on. I don't know if all of these things are true, and it's early days. But even if half of what's being reported is true, then this will be the closest thing we've seen to a miracle drug. So far, not many people are taking them; even in the US, only about 6% of the people are taking these drugs. With just this, FMCG companies like Walmart are saying that these drugs are affecting purchasing behavior. What would happen if more people started taking these drugs? We'll have an across-the-board effect on every single industry. People will eat less, smoke less, buy less, and live longer. They'll also trade less? 😬 Insurance premiums have to change, and annuity payouts in pensions will have to be readjusted. What we don't know is more than what we know about these drugs at this point. Also, the patents on the active ingredient in this drug is expiring in 2026, which means, cheaper generics will be available. Is the world ready for this? We wrote a little about this in the Daily Brief on @zerodhamarkets. Check the link in the comments.

See this thread: x.com/KobeissiLetter… H/T @KobeissiLetter

The Kobeissi Letter @KobeissiLetter

a year ago

Shocking stat of the day: Data center energy consumption has reached a record 5% of total US power demand. This increase has been driven by the rapid adoption of digitalization and AI technologies. This percentage is now estimated to more than DOUBLE over the next 5 years,

164 565 3K 401K 562

Shocking stat of the day: Data center energy consumption has reached a record 5% of total US power demand. This increase has been driven by the rapid adoption of digitalization and AI technologies. This percentage is now estimated to more than DOUBLE over the next 5 years, according to McKinsey. Additionally, data center load is set to account for up to 40% of net new demand added until 2030. Overall, electricity demand for data centers is expected to grow at a compounded annual growth rate of +23% through 2030. Energy will soon be the AI bottleneck.

I agree with much of the piece and it's very well articulated. The whole AI space is too risky for value investors like me. There is a better way to invest in this bubble, though, without compromising on the definition of what's an investment as per Ben Graham (safety of principal plus an adequate return). The same old idea of selling shovels to gold diggers applies. That way is via energy.

Ritesh Jain @riteshmjn

a year ago

This is a fantastic piece. Actually everybody in western world should read that … (you can disagree) because majority of your public equity/ private equity investments are invested in this theme .. through your wealth manager. Even if you disagree .. you will be able to ask

23 78 427 153K 343

Bridge with Buffett An excellent piece by Ed Thorp

keyboard_arrow_left Previous keyboard_arrow_right Next

Reliance’s stock commands a ₹19 lakh crore market cap. But to buy the entire business, you’d need ₹21.6 lakh cr. On paper, its worth is just ₹8.4 lakh cr. Three numbers. Three very different meanings. Here’s what every investor should know. A🧵

Masayoshi Son just became the most powerful man in tech. He dropped a $3.5B investment into Nvidia and TSMC... His plan? Steal the ONE thing OpenAI, Google, and Meta desperately need. Here's how he's holding Silicon Valley hostage:

My current reading plan for better investing through multi-disciplinary thinking. On a mission to find a series of books that become my regular re-reads. Previous reads that hit me this way were: - Zen & The Art of Motorcycle Maintenance - Investing: The Last Liberal Art (@RobertGHagstrom) - Richer Wiser Happier (@WilliamGreen72)

Even in the land that is supposed to exemplify 'rags to riches', Jeff Bezos, Mark Zuckerberg, Elon Musk, Bill Gates, Michael Dell all came from privileged backgrounds. The 'merit' argument always tries to downplay privilege because the one making it usually has it! How does privilege work? - Quality education (Gates' school was one of a handful with a computer) - Parent's investment in business (Bezos, Dell, Zucker)...easy to call it 'loan' now 🙃 - Introductions (Gates got his first big break via his mother's IBM connections; almost all VC funding is via network) - Cushion to fall back upon - meaning you can take risks because you can afford not to earn for a while/ you have reasonable family wealth that you won't be out on the streets if the venture fails More details 👇 bit.ly/3ZCB3gM Of course, many have privilege...not all of those build big businesses in competitive fields. But it is doubtlessly a starting advantage, including in fund-raising. You'd be surprised to know that in VC circles in the US it is virtually impossible to get even a hearing without 'knowing' someone. You get a proper hearing only if you come via the network. Many 'rags to riches' stories also have a privilege angle. Will write more on it another time

Here's the detailed blog post kirubakaranrajendran.com/blog/how-ai-is…

Without writing a single line of code, with plain simple english anyone could perform such robust analysis instantly. If you are still reluctant to learn about ai, then you will be left far behind the race. Using ai tools rightly could immensely save your time and efforts.

Rise of Ai could destroy lot of careers in next 5 years, biggest impact will be for Investment Advisors & Research Analyst. I just used @zerodha MCP + Claude AI to analyse my portfolio and suggest what needs to be done. I was amazed by its output. Here's how you can do it

No more manually digging through documents. Here are 10 prompts for Quartr Pro's AI chat to help you understand any business in seconds:

Mauboussin & Callahan just shared a paper on drawdowns and recoveries. "One of the hardest aspects of being a long-term investor is that even the best investments, or investment portfolios, suffer large drawdowns". 🧵 Our 8 favourite highlights:

Steady results from SBI Slippages in control and good loan grwoth

Who did this?

Gold prices have been on a tear this year, hitting record after record. Economic uncertainty and geopolitical tensions have been bolstering the traditional safe-haven asset. But also juicing the rally has been surprising demand from China trib.al/E28Zywo