Widge retweeted
Replying to @thirdgenwidget @JG_Nuke
Widge retweeted
Do commodities (other than crude) still matter xitter.cf/i/broadcasts/1mxPaZoBl…
Here's the problem - prices are way too high. @DianaOlick
Widge retweeted
Important point
1% of companies represent 90% of AI spending.
Of that 90%, 80% of this spend are from unprofitable VC backed companies.
So, roughly, $0.70-75 of every dollar of AI spending right now comes from AI companies spending VC investment dollars.
As a result, the revenue quality in AI is currently poor. This happened in previous cycles as well, like cloud when early users of AWS were mostly venture backed startups.
The thing, though, is that before AWS could scale and pull thru GCP and others as legitimate cash machines, there were a few clearing events to sort out these brittle revenues.
This is the extrapolation of Ken’s point. We will need to transition from speculative AI spending to consistent, reliable spend that shows up in public market earnings reports.
This hasn’t happened yet because most of the breathtaking revenue growth comes from LPs investing in VC funds who then send it to startups.
Widge retweeted
Replying to @thirdgenwidget
There’s a reason the first thing the oligarchs do is buy a newspaper megaphone or some other media outlet…gotta keep the pitchforks and torches crowd marching in the other direction.
Widge retweeted

Financelot@FinanceLancelotOct 17
North America
North AmericaConnected via North America Android AppAccount-level information, not a live location or per-post device.
On July 7th, Brad Gerstner told every American family to put their money in the stock market at the top of the AI bubble.
Meanwhile, he was selling...
Financelot@FinanceLancelotOct 15North America
North AmericaConnected via North America Android AppAccount-level information, not a live location or per-post device.
Yup, it's the top! Brad Gerstner was on CNBC an hour ago shilling AI, when an unexpected question came up.
"I did... uh... uh... uh... a presentation about a month ago... our exposures are the lowest they've been in 3 years"
Meanwhile, he just sold most of his AI investments 🤥
Widge retweeted
Fuel oil is up 15.3% month-over-month, and gasoline is up 9.1%. At some point, the things we "have to have" will get so expensive that the things we "want to have" may actually start to go down because nobody has enough money left over.
Full report: peakprosperity.pulse.ly/wo6b…
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Pending Sales down -11.3% YoY
Redfin reporting most cancelled sales since Covid at 14.5%
Builder results in 7 days, but sentiment at 2012 levels
As foreclosures (forced sales) ramp and elective sales retreat the nat'l median home sales price will come under add'l pressure
⏰
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The Trump corruption issue is like the Biden cognitive decline issue in one key sense: Everyone around the president or even supporting him professionally from afar should be asked about it, and their lies/claims of ignorance should be hung around their necks like dumbbells.
Widge retweeted
Also, 25% of the boomers are already dead…3 million were deployed in Southeast Asia and 60,000 were killed in action…
I’m not a boomer but I do like to defend the bullied. The work ethic of the boomer generation was amazing. Coupled with the technologies they created, they became the most productive generation we’ve ever had. Much of our standard of living is due to the selflessness and determination of that generation. No one grew up pampered in 1950’s and 60’s…we should have a boomer appreciation holiday…
Widge retweeted
If you don’t lose at least two minutes of your life right now taking a deep dive into these stats then I have to question your priorities. The Sporting News was the best.
We need to spend $1 trillion on me and my Twitter account because if we don't China wins.
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Tough. No Nonsense. Original. Honest To A Fault. The Men Who Played For Mike Ditka describe him better than anyone else ever could.
"He Did Not Care What You Thought Of Him." "You Knew Where You Stood With Him At All Times." "He Was A Great Man. He Treated People With Respect."
A Hell Of A Player. A Great Coach. A One-of-a-Kind Man. Rest In Peace, Coach.
@SeanUnfiltered @JimMcMahon
#MikeDitka #ChicagoBears #NFL #NFLLegends #QBConfessions #kalshipartner





























