Coming to America. Better stack Bitcoin soon @Jason
π¨ Something is happening in China and itβs a fucking DISASTERβ¦
China's AI stocks were 42% of their entire stock market.
42% of ABSOLUTELY EVERYTHING.
Those stocks are down 40% since June. $3.5 trillion GONE. Reuters used the word "burst" this week.
Even after dropping 40%, the STAR50 still trades at 100x earnings. It was at 250x. The Nasdaq 100 is at 30x.
The crash didn't make China cheap, it simply made it less insane.
Morgan Stanley says another 10 to 15% to go.
Unitree's IPO was 8,000x oversubscribed in August. Halved since. MetaX and Moore Threads were up 700% and 400% on their debuts. Both halved since July. CXMT lost a quarter of its value in a month.
Washington is also moving to ban two of China's biggest optical suppliers from US data centers. Those two are down 60%.
Chinese blue chips are in a bear market and the market is now trailing the US by the widest margin ever recorded.
The Nasdaq is down 6% from its high.
China already found out what happens when nearly half your market is one trade.
But guess what? We havenβt.
I've been an investor for more than 10 years, and I share all my moves in The Assembly, my private investing community with 3,700+ members.
If you're serious about investing, join today so you don't miss my next move. The link is in my bio.
If you don't join, you will regret it laterβ¦
rodman. retweeted
First they ignore you, then they laugh at you, then they fight at you, then they add you to their Long-Term Capital Markets Assumptions paper and predict you'll be the best-performing asset of the next decade.
rodman. retweeted
π―π΅ En JapΓ³n:
* Decides comprar una casa.
* Encuentras una que te gusta.
* Preguntas cuΓ‘nto cuesta.
* Te explican cuΓ‘nto vale el terreno y cuΓ‘nto la construcciΓ³n.
* Porque allΓ han descubierto algo que en EspaΓ±a todavΓa cuesta entender: las casas envejecen.
* Compras la vivienda.
* Pasan 5 aΓ±os.
* La construcciΓ³n ha perdido valor.
* Pasan 10 aΓ±os.
* Ha perdido todavΓa mΓ‘s.
* Nadie organiza una cena para presumir de patrimonio.
* Pasan 20 aΓ±os.
* En muchas viviendas unifamiliares, la construcciΓ³n apenas tiene valor de mercado.
* Aunque tenga tejado, ventanas y hasta una cocina reciΓ©n reformada.
* Aunque tu cuΓ±ado espaΓ±ol insista en que el ladrillo nunca baja.
* Decides venderla.
* El comprador pregunta cuΓ‘nto vale el terreno.
* DespuΓ©s pregunta cuΓ‘ntos aΓ±os tiene la casa.
* Le dices que 25.
* No le importa que tΓΊ pagaras una fortuna por ella.
* Tampoco que pusieras suelo porcelΓ‘nico imitaciΓ³n mΓ‘rmol.
* Puede que quiera reformarla.
* O directamente tirarla abajo y construir otra.
* Incluso tendrΓ‘s que descontar el coste de demoliciΓ³n.
* Hay casas abandonadas, llamadas "akiya", que nadie quiere comprar.
* Algunas cuestan menos que un Seat Ibiza.
* Otras ni regaladas encuentran dueΓ±o.
* Porque tener una casa vieja tambiΓ©n cuesta dinero.
* En Tokio y otras zonas demandadas, el suelo puede valer una fortuna.
* Pero una construcciΓ³n antigua no se convierte en oro por el simple hecho de existir.
* Y nadie tiene por quΓ© pagarte 80.000β¬ mΓ‘s porque llevas 20 aΓ±os diciΓ©ndoles a tus amigos que comprar fue la mejor decisiΓ³n de tu vida.
rodman. retweeted
A bank having more restrictions on cash withdrawals than deposits seems fairly sensible to me.
rodman. retweeted
i asked opus 5.5 to make a 3 min video about the history of bitcoin
i told claude to rely on data from my local 1.8 tb postgres database of bitcoin data (coins, blocks, hacks, attribution, everything)
hereβs what opus made in 1 hour 22 mins on max effort with a 10 line prompt
rodman. retweeted
π πππ πππ πππππ ππππππππππ, ππππ’βππ ππππ ππ πππ’ πππππππ ππ π πππ£π ππππππ’ πππ ππππππ-ππππππ. ππππ ππ π ππππ π ππππππππππ πππππ. π πππ πππ ππππππ ππππ, πππ ππππ πππ’π.
rodman. retweeted
πππ ππππ ππππππππππππ, πππ ππππππ ππππ πππ πππ ππππππ π ππ ππππππ πππ πππππππ-ππππππ πππππππ:
If I was the CEO: ditch all devices from catalogue except Mac and allow everyone to connect to Apple ecosystem, trap them at 2x cost if not Apple native device and expand in the hundred of millions clientele and cloud business plus AI.
Your welcome @Apple
This quoted post is unavailable.
rodman. retweeted
US debt is at the highest level in history.
Cost of rent is at the highest level in history.
Food prices are at the highest level in history.
College tuition is at the highest level in history.
Vehicle prices are at the highest level in history.
Health insurance is at the highest level in history.
Cost of childcare is at the highest level in history.
Home prices are at the highest level in history.
The money supply is at the highest level in history.
This is what happens to prices when the currency is broken.
rodman. retweeted
Governments have PLENTY of unpleasant ways to prevent an outright currency collapse.
Thereβs a huge amount of ugly territory between βeverything being fineβ and a Weimar-style hyperinflation.
rodman. retweeted
π Nothing stops this train.
Run your own LLMβs.
Run your own nodes.
Learn how to protect your keys.
Start now.
