Gavin Baker
Managing Partner & CIO, @atreidesmgmt. Formerly Fidelity OTC Fund. No investment advice, views my own. https://t.co/pFe9KmNu9U
عرض في 𝕏سلاسل التغريدات
1) "Most people in high-stress, decision-making industries are always operating at this kind of simmering 6, or 4, as opposed to the undulation between deep relaxation and being at...
1) The strong perf of megacap tech in Q1 (up 31% per GS) is strange to me. They were all in their own monopolistic swim lanes for 10+ yrs. Now they are all facing an existential...
1) Away from stocks/tech and on @destiny2 I no-lifed Trials of Osiris last weekend and got the god-roll Adept Immortal (Rangefinder/Target Lock). First time I’ve had a “broken” g...
@jaykreps Jay, you are absolutely correct in theory. Liquidity has value and should be valued at a premium vs. illiquidity. But liquid assets are also volatile and modern finance...
1) Anyone confidently saying there is zero risk of contagion from SVB should read the “Panic of 1907.” Especially with Treasury saying they are carefully monitoring “several other...
1) The economy is accelerating hard in 2023, which cannot be “gratifying” to Powell. They were hoping for steady deceleration, which just isn’t happening. No landing = hard landi...
1) Grateful for the kind words from Jeff Green, CEO of Trade Desk and top 20 CEO IMO. Superb execution in a very difficult space. Reminds me of the way Nvidia came out of a scrum...
1) Amused that after the overwhelming conviction in material datacenter spending reductions: META will still grow. GOOGL will grow their “technical infrastructure spending.” MSF...
1) Stripe doing a clean down round is healthy for ecosystem. Many companies that raised at absurd multiples (avg SaaS deal in 21 was done at 114x ARR per IVP) will need to raise a...
1) Great @stratechery interview w/ @danielgross and @natfriedman “the transformer and Stable Diffusion have given them this massive gift, which is we are finally CPU-bound. Softw...
1) The FinTwit consensus dismissal of LLMs as a potential threat to search feels like the consensus dismissal of IDFA/ATT as a risk to social networks in 2021. Difference is the d...
1) We will see more and more of this across industries. AI can be “superhuman,” but the way it delivers these results is often unknowable. i.e. AI can determine a persons sex by...