__Joker

Yeah, there is lot talking out of both sides of their mouth here.

If nothing else, at least these should be choice of users to let them choose based on their values and requirements.

Matt Levine has discussed similar theme for sub surface gold on earth[1]. NatGold is the company mentioned which tokenizes that.

Obviously pre-mined should trade lower than earth mined gold. Price should be something like Earth gold pricing- mining cost - cost to transport back to earth (or location based prcing, we are some time away from space based economics). Basically you will be trading rights for mining for a particular space mine.

[1] https://www.bloomberg.com/opinion/newsletters/2025-11-24/lea... (paywalled)

Just curious.

If there is iffy interest coverage for the debt and assets might be a stretch to cover (principal + interest), why will someone sponsor the debt here ?

Also, rates seems to be high, at least compared to recent history, to be favorable for this kind of LBO.

Are there any proxy for population count? Like may be mobile users, I understand people use more than one.

Yeah, thinking about the same while back. If I remember they sale of Boston Dynamics was kind of chump change for Google.

I assume google made the choice of selling the "brain" for any "body" whoever develops it. Something like android.

Really sorry, if the question came as snarky or if otherwise. Those were not my intent.

Related to AI given all around noise, really wanted to understand kind of contrarian view of monetary aspects.

Once again, apologies if the question seems frivolous.

"While I continue to believe that many people are going to collectively lose trillions of dollars ultimately pursuing "AI" at this stage"

Can you please explain more why you think so ?

Thank you.

I assume least desirable place in this context.

Source: https://www.merriam-webster.com/dictionary/armpit

Can a argument be made that by not supporting other software on their platform, essentially platform is inhibiting competition, which hinders true price discovery and customer loses ? Like if cars don't allow other FSD on their platform, what choice does the customer has.

Econmics noob here.

Leaving aside the Ad Hominem that Spitznagel is hedge fund manager who might benefit from the said event.

I can only gather two main points in the argument.

1. Level of debt is at unprecedented levels ( private, public, global)

2. Kind of follows from 1, Government(FED) has very high annual debt servicing.

How we go from 1&2 to popping the credit bubble ?

High school educated talking here.

Does Quantum Entanglement have any promise for instantaneous communication (theoretically) ?

Also even if it is beneficial to some or all organism, generally eco system are based on equilibrium. Disturbing that would have consequence which we generally don't understand and can't predict.

Noob here. What is 2x4 means ?

Nice.

Life comes in full circle as it seems. We are trying to undo mongodb timeline in some sense.

Yes. Everything is a securities fraud. Expect sooner or later(mostly after a bad quarter) may be investors would sue.

Semi and industrials where hydrogen fuel cell makes sense.

Except foreign holding of US debt is coming down[1].

[1] https://twitter.com/LynAldenContact/status/13618187491044475...

Agree. Generally it kind of stabiles around lower than that. For example for cloudflare[1] it is around 110%, while this[2] points to 109 being kind of standard.

1. https://www.sec.gov/Archives/edgar/data/1477333/000119312519... ( see dollar based retention rate)

2. https://medium.com/@sammyabdullah/109-net-dollar-retention-i...

Always reminds me this buffet letter. Written almost in similar times. I think oft repeated argument has still some merit. The debt yields are non existent at this point and have not reach dot.com euphoria level but it doesn't give too much of a comfort.

    "The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities ¾ that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future ¾ will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands."

-- Warren Buffett, Chairman’s Letter to Shareholders of Berkshire Hathaway [1]

1. https://www.berkshirehathaway.com/2000ar/2000letter.html