This is not surprising and will not end with OpenAI.All the capital being being spent and lent by the richest companies on earth will not buy enough time-by the very definition of mania.The government will pull out all the stops to save the AI bubble to save the market to save the economy.The problem is too big to save, again by that very same definition.George Noble (@gnoble79):OPENAI IS FALLING APART IN REAL TIMEI've watched companies implode for decades.This one has all the warning signs.OpenAI declared ...

One reason Greenland is strategically important to the US is in fact twofold:1. It’s the best place to set up anti-missile defenses to intercept ICBMs coming from Russia / China2. It’s a very good place to set up offensive missile capabilities to threaten Russia / ChinaThe WSJ had a good graphic out a few days ago showing the trajectory of missiles from ICBM sites around Russia to the US would fly overhead or near Greenland, which also happens to be almost directly beneath where those missiles would reach t ...

Before Scion, Before Valuestocks, Before MSN, my summer of 1994. I delved into what drives healthcare in the U.S.https://t.co/W7X6sTufeN https://t.co/0eTa12PdIR ...

Turn that frown upside down friends.Ice Nine Kills - The Laugh Track (Official Music Video) [Part 1] https://t.co/NSUrOOdmBa via @YouTube ...

Bitcoin for Little Wishes is a good use of $BTCLittle Wishes Org (@littlewishesorg):@run1ooooo1 @michaeljburry We're excited to let you know that you can make a Bitcoin donation to us through this link:https://t.co/3Mx5GO9oYT. Your generosity will bring so much joy to seriously ill, hospitalized children. Thank you so much! ...

Ben Affleck is clearly a smart guy. So this does not surprise me. It sounds familiar and on point.Delivered much better than I ever could.Forrest (@ForrestPKnight):Honestly, Ben Affleck actually knowing AI and the landscape caught me off guard, but as a writer, makes sense.Great takes across the board. https://t.co/IcPe0n9302 ...

Another reminder of what the opposite looks like https://t.co/ubpIVKJn5d ...

I do not say this all the time. Just a reminder. https://t.co/Ik0hRTPhlb ...

Fannie and Freddie are falling. The 200B MBS buy order does not hurt them. This is exactly what they do- it is their business. It in fact means to do more they need to raise capital, and the way to do that is an IPO.What I said in my December post below- I think we are in this lull now.“Again there are many scenarios here.So this is neither an automatic nor a necessarily quick win for long-suffering common and junior preferred stockholders.If the companies do not go public, they will continue to build their ...

I think most critics of my articles have not taken the time to read them. This is the thing as a hedge fund manager. We have to disclose our positions, but just as no one wants a dissertation on each position, no one wants to pass on the opportunity to give offhand poorly-researched criticisms of such positions. This why black box managers tend to have the most outrageous returns. Jim Simons did 50% a year with his black box. Many individual investors do 50% a year with their own private portfolios. I even ...