@vegavandal
Thus it will be seen that his life, in all its splendor, was not without some danger or difficulty, requiring talent and determination for success
Raises prices through war and tariffs then blast the populace with diarrhea
Paulsen looks at both price and EPS growth relative to a long term trend line and notes that when both are in the 90th+ percentiles you’re gonna have a bad time. Currently- price is in 96th percentile compared to trend, EPS at 99.5th percentile
“Retained earnings”? Wow, you’re starting to sound like one of these value investor guys
Interesting from BofA- the K-shaped economy has compressed somewhat. Also notable how total non farm payrolls stopped decelerating.
I keep hearing about how model capabilities are going to explode but I wonder, even if they do, does this dynamic change?
Various parts of the AI chain trying to cut each other out of its margins:
So I’m not ever going to listen to the “All In Podcast”, but here’s an interesting tidbit from Benioff. Looks increasingly like LLMs will be commodity like:
giftarticle.ft.com/giftarticle/... AI boom could end the de-equitisation ‘put’
So Hyperscalers fund LLMs LLMs buy compute at hyperscalers Hyperscalers encourage employees to excessively consume tokens to boost LLMs Meanwhile non hyperscaler users are rationing tokens and finding cheaper alternatives
