★ Priority · 11
The 60/40 Portfolio Re-Invented
PRIORITYLe Shrub from Reminiscences of a Shrub Operator
- Traditional 60/40 bond-equity portfolio is broken because sovereign bonds now offer returns below inflation due to reckless fiscal and monetary policies.
- Bonds no longer provide effective hedging against equity downside due to regime change; in 2008 long-dated Treasuries gained 26% while stocks fell 40%, but this relationship has deteriorated.
- Author proposes reinventing the 60/40 portfolio concept to move beyond traditional bonds and find better portfolio construction for current macroeconomic environment.
Tough Love: My Brother’s Love Life Is Going Nowhere
PRIORITYThe Free Press
- Advice column explores how young Americans are de-prioritizing romantic relationships and marriage compared to previous generations.
- Author is promoting upcoming book 'The Plot Against Love: Why the Kids Aren't Pairing Up' investigating cultural shift away from dating and partnership.
- Column argues that love should be treated as a central life priority rather than a subplot secondary to career and personal pursuits.
SEVEN Critical Charts I'm Watching Here:
PRIORITYMacro Charts
- Stock breadth near historic oversold levels presents potential for upside resolution pending clear catalyst.
- Recent massive fund deleveraging mirrors historical periods that preceded major rallies.
- Seven critical chart setups identify opportunities across stocks, with positioning currently a minefield of crowded trades.
The Second Mouse Is About to Get the Cheese
PRIORITYPauloMacro’s Substack
- ISM Services Prices Paid signals imminent CPI surge with diesel at all-time highs affecting shipping, retail, and food prices.
- Stagflation pressures mounting as stimulus rolls off, housing weakens at 7% mortgage rates, and boomer-driven supply increases.
- Fed faces dilemma between hiking into energy shock or maintaining rates while inflation pressures mount.
The Founder Building an Actual Unicorn. Plus . . .
PRIORITYThe Free Press
- A Texas-based biotech founder is engineering fluorescent, hypoallergenic cats and exploring creation of mythical creatures like dragons.
- The Embryo Corporation also develops hyper-productive livestock and sequences racehorses, raising questions about safety and ethics of public genetic engineering kits.
- The company's accessible DIY genetic engineering tools blur lines between scientific progress and potential biosecurity risks.
(Idea) Tamarack Buys Headwater At An Attractive Price
PRIORITYIdeas from HFI Research
- Tamarack Valley Energy acquired Headwater Exploration at a one-for-one stock exchange, reversing expectations of Headwater's premium valuation.
- Headwater's management team (led by Neil Roszell) is exiting to pursue new exploration opportunities rather than leading the combined entity.
- The transaction appears favorable to Tamarack but makes the combined entity's shares expensive relative to standalone Tamarack's Clearwater assets.
9/11 and the Work to Be Done
PRIORITYThe Free Press
- 25 years after 9/11, American unity has dissipated and the nation is divided over basic questions of national identity and historical blame.
- Leading public figures are distorting 9/11 history and meaning, complicating collective honoring of victims and first responders.
- Examples include influencers claiming 'America deserved 9/11,' making it harder to maintain shared understanding of the tragedy's significance.
OBSERVATIONS ON CURRENCIES
PRIORITYRussell Clark from Capital Flows and Asset Markets
- Korean Won experiencing extreme 15% straight-line move despite fundamentals suggesting currency should be stronger given trade surpluses and semiconductor cycle.
- Major divergence in currency markets: currencies that should be strong remain weak while weak currencies stay strong, suggesting policy intervention.
- US Treasury intervention keeping Japanese Yen weak, while Mexican Peso and other currencies resist normal market-based adjustments.
Ferg’s Finds
PRIORITYFerg from Trader Ferg
- Pessimistic narratives are more intellectually seductive and attention-grabbing than optimistic ones, shaping how people process investment and economic information.
- Bob Robotti argues that inflation, not the Fed, truly controls interest rates, making inflation the 'dog' and Fed policy the 'tail' in market dynamics.
- Historical doomism (like 1999 Y2K fears) provides context for understanding recurring market cycles and overblown catastrophic predictions.
The Day the World Changed
PRIORITYThe Free Press
- September 11, 2001 marked an epochal break, ending one era and beginning another, reshaping global geopolitics and domestic policy.
- Dr. Kristina Jones, an attending psychiatrist at St. Vincent's Hospital (closest to the World Trade Center), worked 13 hours on 9/11 and documented observations of the atrocity and its human toll.
- The Free Press examines 9/11's enduring legacy through perspectives of columnists, war-on-terror veterans, and firsthand accounts from those who experienced the day.
💬 New thread from Le Shrub
PRIORITYLe Shrub from Reminiscences of a Shrub Operator
- Houthis have captured significant Red Sea Coast territory controlling strategic strait access.
- Trump declined Saudi request for military assistance against Houthi threats.
- Author critiques geopolitical situation through satirical commentary on regional power dynamics.
Politics · 15
Bring Your Own Power
The Brawl Street Journal
- Berlin's 5.8TB data leak containing infrastructure details was rejected for ransom and published, creating new attack vectors for power substations.
- Leaked files reference critical infrastructure including heating plants, fuel depots, and electrical substations, exposing vulnerabilities.
- Berlin's manual review of 1.4 million files avoids AI tools due to US jurisdiction concerns despite the data already being publicly downloadable.
The America Charlie Kirk Died Defending
Restoring the West by Ayaan Hirsi Ali
- Charlie Kirk assassinated September 2025 by Tyler Robinson; assassination failed to silence his ideological worldview.
- Democratic Socialists of America expanded from fringe to wielding direct policy influence in major cities like New York, Chicago, Seattle.
- Ideas Kirk defended continue gaining relevance as warned-about dangers materialize across American political landscape.
The Gap Between Map & Territory
Jeremy McKeown from Hypernormal Times
- UK Prime Minister Andy Burnham faces a code-red crisis as gilt yields, Brent crude, and energy prices surge sharply since taking office.
- Burnham's and Foreign Secretary Ed Miliband's policies ignore market realities, with the former previously claiming the UK should 'get beyond being in hock to bond markets' and the latter pushing aggressive clean energy transition.
- The gap between their ideological worldviews and economic reality mirrors the broader challenge of implementing climate policy without adequate energy security or financial stability.
The Borders We No Longer Believe In
Restoring the West by Ayaan Hirsi Ali
- Over 70,000 migrants illegally crossed from Morocco into the Spanish city of Ceuta in 2020, with newly disclosed intelligence showing Moroccan authorities detected and warned of the mass crossing beforehand.
- Critics dismiss concerns about sovereignty and migration as extremist or Islamophobic, while evidence suggests Morocco may have deliberately allowed the crossing to pressure Spain on territorial issues.
- The West's tendency to condemn those raising alarm about migration and border security, rather than confronting the underlying dangers, reflects a deeper failure to defend national sovereignty.
Road Rage
environMENTAL
- Republican Senator Mike Lee pushed to sell 2-3 million acres of public lands for residential development in a 2025 budget bill signed by Trump.
- Hunters, anglers, and outdoor recreation enthusiasts—typically Republican supporters—fiercely opposed the public lands sale despite backing the administration.
- The policy risks eroding a key part of the conservative political base by pursuing aggressive land privatization that contradicts outdoor recreation values.
Apricity or Bust
PAIDDoomberg
- German Chancellor Merz faces historically low approval ratings (15%) and political instability following regional election losses.
- EU energy policy failures are driving political upheaval across member states by constraining industry and raising costs for citizens.
- European elites' mishandling of practical economic concerns while pursuing foreign policy adventures is fueling electoral backlash and populist alternatives.
Taxing Billionaires, 9/11, and the Lessons We Forgot
Time Machine from Niall Ferguson
- California's Proposition 40 proposes a one-time 5% wealth tax on billionaires, raising questions about fiscal viability and economic impact.
- Ferguson examines the 25-year legacy of 9/11 and its ongoing effects on American policy and society.
- Article explores tensions between progressive wealth redistribution goals and practical economic consequences.
Endless Summer: Iran, Woke Two? and The George Costanza Theory of War
Time Machine from Niall Ferguson
- Economic sanctions as tools for Iranian cooperation may constitute another strategic misstep in Persian Gulf policy.
- Debate over ideological movements (Woke politics) and their cultural implications continues to shape discourse.
- Academic excellence and institutional quality are declining, obscured by identity-focused controversies.
War of the Worlds
Eli from Man of Steele’s Substack
- Personal memoir of witnessing 9/11 attacks and the shift in global perspective that followed.
- Author's father was writing a speech for the Durban Conference when attacks occurred, which had promoted anti-Israel and anti-Western narratives.
- Historical reflection on how geopolitical events reshape discourse and priorities in international relations.
Friday Five (September 11, 2026)
Ruy Teixeira and Michael Baharaeen
- Friday Five feature curates five notable perspectives weekly to help readers navigate oversaturated media coverage.
- Post marks 25th anniversary of 9/11, reflecting on how the attacks irreversibly changed American life.
- Includes analysis on Gaza recovery and Hamas expulsion as a featured perspective from the past week.
25 Years After 9/11, America Has FORGOTTEN Who the Enemy Was
Shana Meyerson from Unapologetically Jewish
- Personal memoir of author's experience on morning of 9/11 while running in Santa Monica, learning about attacks through radio.
- Describes surreal realization of the unfolding tragedy and the disconnect between her knowledge and others' ignorance of events.
- Reflects on how the event divided life into 'before' and 'after' moments for those who experienced it.
25 Years After 9/11, The Event Is Being Distorted Into Anti-Jewish Propaganda
John Aziz
- Author shares personal memories of visiting World Trade Center in April 2001, just months before the attacks.
- Argues that the historical narrative of 9/11 is being distorted into anti-Jewish propaganda in contemporary discourse.
- Establishes credibility through eyewitness account of the towers and their architectural significance.
I’ve finished the book. What a shambles I’ve come back to.
Andrew Fox from Fox On War
- International sanctions against Israeli settlements announced by Britain, France, and Canada signal long-term diplomatic pressure beyond immediate economic impact.
- Britain combining targeted individual sanctions with broader prohibitions on settlement goods and expanded business targeting powers.
- Author warns Israel to look strategically ahead, as seemingly modest sanctions can have significant eventual consequences.
British Israeli terror victim blasts UK Sanctions. The battle over Israel’s disputed territory, and how one man de…
Jonathan Sacerdoti
- Rabbi Leo Dee, a British-Israeli terror victim, questions whether British taxpayers should fund families of terrorists who murdered British citizens.
- UK sanctions on Israel and threats against Jews in the West Bank raise questions about who will ultimately suffer from such policies.
- The piece frames tension between British policy positions and the interests of terror victims and affected communities.
Guilt-tripping on a new level
Irina Slav on energy
- Nepal demanded major carbon emitters (China, US, India) pay for climate-related flood damages.
- Author argues climate reparations claims oversimplify complex causation and global responsibility.
- Piece critiques victimhood mentality as basis for international climate compensation demands.
Markets · 13
China Weekly Wrap: The Perception Gap Edition
Panda Perspectives
- Chinese markets showed conflicting signals with strong economic data (3.8% producer price growth, 25% export growth) but 94% of A-shares fell on Friday.
- Gap between official economic accounts and lived experience in China is widening, with retail traders focused on chip sector companies rather than broader market recovery.
- Publication is temporarily unable to release portfolio updates and company notes due to ongoing regulatory licensing process.
You Never Own Enough Vessels…And Enough Tungsten
PAIDMihail from TheOldEconomy
- Tanker shipping market is experiencing extreme volatility with 30x gains in recent quarters, reminiscent of past boom-bust cycles in shipping.
- Historical comparison shows dry bulk market peaked in 2008 with Capesize rates at $240,000/day before collapsing below $2,000/day during the financial crisis.
- Current shipping and mining sectors offer significant event-driven macro opportunities as part of broader geoeconomic transition dynamics.
The Week That Matters (7th-11th Sep, 2026)
Mateen Chaudhry from Mateen's Newsletter - Discuss The Tape
- Fractional stock ownership and tokenization create psychological participation in capitalism while real wage growth stagnates.
- Financial engineering through accessible stock trading masks underlying productivity questions about actual economic growth.
- Debate over tokenized stocks highlights tension between financial accessibility and real economic value creation.
Weekly S&P500 ChartStorm - 13 September 2026
Callum Thomas (Weekly S&P500 #ChartStorm)
- Pre-Fed jitters driving S&P500 weakness with deteriorating breadth across equal-weighted and breadth metrics.
- Corporate bonds, correlations, and volatility indicators suggest caution with liquidity becoming a headwind for stocks.
- Growth has peaked versus value and semiconductors are stagnating; bullish resolution possible but requires several conditions to align.
A Chart Party is Bigger in Texas...
Garrett Baldwin
- Multi-day absence from free flagship due to extensive Getting Started video series for paid subscribers.
- Money Printer Pro lessons cover Liquidity, Momentum, Insider Buying, Trend Investing, and Quality+Value strategies.
- Tim Melvin discusses Deep Value investing with different metrics for Banking, Insurance, and Real Estate sectors.
The Wrap – Barometers of Market Stupidity, the AI Edition.
Herb Greenberg's Red Flag Alerts
- Berkshire Hathaway's long-term underperformance relative to market gains questions the conglomerate's structure and effectiveness.
- History shows brilliant companies and executives often fail due to overconfidence and financial engineering (Enron, LTCM, telecom giants).
- AI companies display suspicious financial metrics and sketchy paper trails similar to past bubbles, warranting investor skepticism.
Plumbing Feed: Adventures at the Long-end of the Curve
Conks
- Treasury buyback mania has faded, revealing that spreads and swap dynamics were more important drivers than previously understood.
- Swap spread wideners outperformed outright bond positions as UST-SOFR spreads kept widening despite initial buyback enthusiasm.
- Fed guidance shifts and balance sheet relief measures had secondary effects on dealer participation in Treasury market-making.
Bessent’s Gamble
Peruvian Bull
- Treasury Secretary Scott Bessent publicly claims coordination with Japan gives him insider information on dollar-yen policy decisions.
- Bessent's bold statement that traders can 'bet against him' occurs while the trade is already moving in his favor (yen recovered 6% from July lows).
- The yen has appreciated to a seven-month high of 153.63, reversing its July 40-year low of 163.87, signaling successful intervention or policy alignment.
Free Money: A Santelli Special
Nico from AiQ
- USDA/WASDE report significantly underestimated supply disruptions in sugar, corn, and rice markets amid extreme weather.
- Global supply shifts underway: India switching ethanol feedstock from sugar to rice/corn; Arkansas hit by record heat; EU weather worst on record.
- Author anticipated poor USDA accuracy and planned to discount their figures in favor of market-driven price discovery.
Oracle, Capital Expenditure by Another Name
Cape Fear Advisors
- Oracle allocating $90-95 billion capex this fiscal year but reporting only ~$70 billion as net cash outlay through customer prepayments and financing arrangements.
- Company introduced new accounting line items (prepay, bring-your-own-hardware, supplier finance) that shift capex burden to customers and suppliers.
- Customer prepayments alone ($11.4B) represent 49% of record operating cash flow and transform reported free cash flow from negative to positive when excluded.
The Groupon Turnaround — Dušan Šenkypl & Rana Kashyap | Ep. 3
Nick Nemeth from Mispriced Assets
- Groupon CEO and CFO discuss turnaround strategy focused on becoming an AI-native marketplace for local experiences.
- Key priorities include rebuilding customer trust, improving recommendations, reaching younger demographics, and increasing customer lifetime value.
- Company implementing AI across data infrastructure, customer assistants, and operational efficiency to support growth.
The Five Deals That Made Apollo
Marc Rubinstein from Net Interest
- Bill Cohan's 'Money to Burn' provides a dual narrative of Apollo Global Management's founder Leon Black, spanning his father's suicide through his rise at Drexel Burnham Lambert to launching Apollo.
- The book explores the paradox of Black's reputation for exceptional value-spotting while paying Jeffrey Epstein $158 million for financial advice available on the street for $5 million.
- Understanding Apollo's filings and history offers key insights into the broader finance industry's operations and evolution.
US Markets - Five Points
Derek Wallis
- US markets trading higher as Treasury yields decline ahead of CPI data release.
- Author argues AGI risks are overstated since advanced software would lack independent malevolent goals.
- Personal reflection on loss of engagement and rediscovery of joy through outdoor activities with pets.
Culture · 13
Macklemore, Pink, & The Poisoning Of The Internet With Anti-Jewish Bullshit
John Aziz
- Anti-Israel discourse increasingly pervades non-political internet spaces and comment sections across diverse topics.
- Antisemitic rhetoric linked to Middle East conflict spreading beyond political communities into mainstream online platforms.
- Pattern of anti-Jewish content contaminating broader internet conversations documented across multiple platforms.
Andre
Derek Wallis
- Derek Wallis grew up in Brazil's largest Japanese community outside Japan, immersed in judo, sumo, and samurai cultural ethics emphasizing respect for elders and attentive listening.
- He witnessed jiu-jitsu's arrival in São Paulo around 1997, just four years after the UFC debuted, initially encountering it through cross-training with capoeira practitioners.
- This article provides biographical context about how martial arts disciplines converged and evolved in his early training experience.
“You know which gazelle gets eaten by the lion? The one that strays from the pack.”
The Substack Post
- London's ice cream street vendors operate in an organized underground economy with territorial disputes and intimidation tactics.
- A Substack publication embarked on an undercover investigation by launching their own ice cream van to expose the illegal trade.
- The ice cream wars reveal hidden criminal networks operating within everyday street vending in major cities.
HOLLYWOOD ENDING?
The Oracle by Polymarket
- The 2025 NFL season produced unprecedented unpredictability with defending champions missing playoffs and Super Bowl winners at 2% pre-season odds.
- The 2026 season will test whether 2025's surprises represent genuine structural change or regression to historical NFL power dynamics.
- Current championship contenders for 2026 remain wide open with multiple teams at very low title odds.
High Protein Pumpkin Spice Chai Latte
Alisa | That Tastes Delish from That Tastes Delish
- High-protein pumpkin spice chai latte recipe provides impressive macronutrient profile with natural ingredients.
- Recipe uses protein powder and egg white foam to elevate nutritional content without sacrificing taste.
- Instructions detail precise layering and blending techniques to achieve cafe-quality results at home.
“We tried to make the house more itself”
Amanda Hesser from Homeward
- Annie Meyers-Shyer's 'This Oak House' documents her thoughtful renovation of an 80-year-old Los Angeles home, emphasizing detail and preservation.
- The author advocates for meticulous documentation during renovation (e.g., photographing electrical outlets) and preserving original home quirks and character.
- Renovation philosophy frames the project as stewardship—adding a new chapter to the home's history rather than erasing evidence of previous occupants.
Rich People Fashion
Rich People Shit from Carson Griffith
- Author attends US Open in exclusive President's Suite through community connections from the newsletter.
- Post explores rich people fashion trends during Fashion Week and major sporting events.
- Demonstrates the networking power and social capital generated by building an engaged subscriber community.
From Reckoning to Joy
Restoring the West by Ayaan Hirsi Ali
- Jewish High Holiday cycle offers a model of reckoning before celebration, contrasting with secular New Year patterns.
- Reflection on 9/11 and the significance of confronting civilizational challenges through structured contemplation.
- Cultural and spiritual practices that emphasize accountability and atonement create resilience and deeper meaning in renewal.
UNDERSTANDING FEMALE EJACULATION ( SQUIRT!NG) AND HOW TO MAKE HER SQUIRT
Nobody Talks About This
- Female ejaculation is a real biological phenomenon linked to G-spot stimulation and Skene's gland activation.
- Clarifies common misconception that female ejaculate is urine; it is a distinct clear fluid released during sexual arousal.
- Educational overview of sexual health and natural physiological responses without shame or myth.
Anarchy in the BA
BowTiedMara from BowTiedMara - Argentina & Geoarbitrage
- Historical narrative of Severino Di Giovanni, the last person executed by the Argentine state in 1931, an Italian anarchist typographer.
- Author examines anarchist movements in Buenos Aires history through archival reporting and literary accounts.
- Explores connection between historical justice, political ideology, and urban transformation (penitentiary site now a public park).
Remembering 9/11: Five Films That Shaped the West's Memory
Restoring the West by Ayaan Hirsi Ali
- Five films shaped Western cultural memory of 9/11 and influenced generational understanding of heroism and national identity.
- United 93 portrays ordinary people displaying extraordinary courage, showing heroism is not reserved for the powerful.
- Cinema shapes historical narrative and collective memory beyond simply recording events.
9/11 Remembrance & Recollection
David R. Kotok from The Kotok Report
- The author reflects on the 25th anniversary of 9/11, recounting personal experiences as a survivor and the national impact of the attacks.
- A memorial service in Vineland, New Jersey for local victim Don Adams illustrates how 9/11 resonated across thousands of communities nationwide.
- The essay emphasizes the breadth of 9/11's effects on victims, survivors, families, first responders, and rescue workers across the country.
AI safety is the new “climate crisis”
Hot Takes by Adam Singer
- Historical environmental predictions (e.g., Al Gore's Florida underwater predictions, Y2K fears) have consistently failed to materialize, yet promoted apocalyptic behavior with no accountability.
- Modern AI safety discourse mirrors earlier 'climate crisis' narratives in using fear-based arguments that often overstate risks and consequences.
- Billions of additional people have thrived rather than suffered, contradicting catastrophic predictions and suggesting skepticism toward doomsday rhetoric is warranted.
Macro · 6
Gold, Central Banks, Markets, & US Treasury Debt
David R. Kotok from The Kotok Report
- Gold ETF strategies (GLD and GDE) are being analyzed as investors seek exposure to gold amid monetary policy debates.
- Federal Reserve's gold certificate valuation at $42/ounce has remained unchanged and may warrant repricing discussion.
- China's Shanghai payments system combined with gold warrants represents a potential 'Bretton Woods 2.0' framework for international monetary relations.
China, Gold And Crypto
Michael Howell from Capital Wars
- Global economy is entering 'Capital Wars' phase where nation states dominate economic activity and fiscal needs override monetary policy independence.
- Monetary inflation is becoming a policy tool rather than an error under Keynesian dominance, eroding accumulated wealth through debasement.
- Gold and crypto serve as critical monetary inflation hedges for asset allocation in an environment of permanent elevated state borrowing and financial repression.
The Week That Was and the Week That Is: Stocks Bounced. The Squeeze Didn’t.
Global Macro Method
- S&P 500 bounced 0.86% Friday but finished the week down 0.8%, with Fed September hike probability rising to 90% without dovish rate market shift.
- August CPI showed headline inflation holding at 3.4% annually while core inflation edged down to 2.4%, but gasoline prices spiked 3.9% contributing to headline pressure.
- U.S. has sufficient resilience to withstand further Fed tightening, but higher energy costs combined with tighter policy create meaningful pressure on households and valuations.
How a Healthy Society Falls Apart
Ted Gioia
- The author reflects on how his parents, scarred by the Great Depression, constantly debated whether the next economic collapse would be inflationary or deflationary.
- A simultaneous stagflation scenario—where asset values collapse while consumer prices for essentials spiral up—has precedent from 2008 and remains a plausible future risk.
- Today's concern with books on collapsing societies mirrors his parents' generation's obsession with economic catastrophe, suggesting cyclical patterns of societal anxiety.
Bonds, Treasury QE and the ‘3-3-3-30’ Policy Framework
Michael Howell from Capital Wars
- Bond markets underpin global collateral systems and determine funding conditions for all other investments.
- Rising bond yields reflect global phenomena, not loss of confidence in US Treasuries or sovereign solvency concerns.
- Term premia are not widening materially, contradicting narrative of Treasury reserve status erosion.
The Price Of Surviving Monetary Regime Change
Capital Flows
- Monetary regime change is fundamentally shifting where capital flows originate in the system.
- Sovereign debt crises do not guarantee risk assets rise forever; currency devaluation affects total returns across all denominated assets.
- Bond selloffs are now beginning to drag on equities as traders adjust for real purchasing power changes and cross-border hedging costs.
AI · 6
Six-Chart Sunday – The End is (Always) Near
Bruce Mehlman - Age of Disruption
- AI researcher Jacob Coxon's viral warning about leading labs ignoring catastrophic AI risks sparked bipartisan political concern and op-ed wave calling for action.
- Sam Altman ruled out OpenAI's 2026 IPO and Dario Amodei published 'We Must Pace the Frontier,' with both executives endorsing calls to slow AI research in response to safety concerns.
- Historical pattern shows technology catastrophe warnings are sometimes overwrought but when justified have catalyzed constructive safeguards that averted negative outcomes.
Could rogue agent swarms take over the entire internet in the next six months?
Gary Marcus, Nathan Hamiel, and Zack Korman from Marcus on AI
- Gary Marcus and colleagues critique Dario Amodei's vague claims about rogue AI agent swarms taking over the internet within six months as implausible and poorly specified.
- Taking over the entire internet is technically extremely difficult and would require far more specificity than Amodei provided in his essay.
- Amodei's broader claims about curing major diseases and creating abundance in 5-10 years lack concrete details and appear to be hype-driven rather than evidence-based.
Millennium Pastimes
Alberto Romero from The Algorithmic Bridge
- Mathematicians set seven Millennium Prize Problems in 2000 expecting to occupy the field for 1,000 years, but one was solved in 2002 and an unnamed OpenAI model recently solved the forced Navier-Stokes problem.
- The rapid collapse of these 'hard' problems under AI attack suggests AI systems may be fundamentally transforming mathematical research and problem-solving.
- This development raises philosophical questions about the nature of human-led mathematical discovery and what remains uniquely valuable in the discipline.
YWR: 10 Nvidia GTC Takeaways
PAIDErik@YWR
- Nvidia has evolved from a chip manufacturer into a systems integrator building $100 billion AI data centers—new industrial complexes 20x more expensive than major stadiums.
- Nvidia functions as a benevolent dictator creating self-reinforcing network effects across its ecosystem of cloud partners and design firms.
- The company's expansion represents a new industrial revolution focused on token production rather than traditional manufacturing.
Shorting the Dollar by Drinking Free First Growth Bordeaux For Life
Michael Burry
- Quantum computing and AI pose emerging threats to digital assets including crypto, bank accounts, pensions, and insurance records in the near future.
- IBM plans to deliver its large-scale fault-tolerant quantum computer (Starling) by 2029, raising questions about customer access and control.
- Alternative investments must be thoroughly researched, unique, and non-correlated with stocks and bonds to justify the friction of moving away from public markets.
Omarchy lets an AI agent rewrite the whole desktop. Here are 8 changes you can make on your Mac instead.
Nate from Nate’s Substack
- AI agents are proliferating rapidly on message boards and forums, acquiring identities and exchanging information in what resembles an early experimental phase (analogous to 1997 internet).
- Agents require processing power, files, tools, memory, and communication infrastructure that necessitate deliberately designed environments for continuous operation.
- Omarchy, a Linux desktop by Ruby on Rails creator David Heinemeier Hansson, integrates agents into OS design, enabling easier interface building through natural language description rather than traditional product teams.