Compound248 💰
@compound248 • 67,452 subscribers
"That thing that rich people do where they turn money into more money. Can you teach me how to do that, Jack?” - Tina Fey, 30 Rock Jack, “With my eyes closed.”
Videos
Apparently, if you ask Sam Altman how his $13 billion money-losing for profit not-for-profit can support $1.4 TRILLION of spend commitments, he gets very defensive and starts to attack non-existent short sellers. I cannot wait for OpenAI to be a public company.
Compound248 💰4,138,821 views • 10 months ago
30 minutes after Sam shutdown Brad’s question about, “can you actually afford $1.4 TRILLION of spend,” Sam dropped off the pod. The VERY FIRST thing Brad did w/ Satya after Sam left was return to the topic, defend his question, & reiterate he’s a buyer, not a seller, of OAI. 😂
Compound248 💰1,391,974 views • 10 months ago
Who’s going to tell him? Chamath Palihapitiya claims his AI software dev company, 8090, has been evaluated by “all the big, major” PE firms and their portcos. Precisely ZERO have hired 8090. He says this is because those are “B and C companies” run by “C and D players.” He literally says, “it’s not us, it’s them.” Bold strategy, Cotton.
Compound248 💰1,054,826 views • 11 months ago
Paul Tudor Jones on risk management: “I had this ten thousand dollar account, and I’d run that thing up to a hundred and I’d run it back down to zero.” “The idea of owning something for the long-run was laughable…the volatility profile was off the charts.” -Paul Tudor Jones
Compound248 💰371,190 views • 4 months ago
“Hi, my name is Timothy Ferriss, and I’m a Guest Lecturer at Princeton University twice a year…” Before Tim Ferriss was “Tim,” a slightly nervous “Timothy” asked Charlie & Warren in 08 to advise a newly successful 30-yr old, non-investment professional how best to invest. 1/x👇🧵
Compound248 💰2,974,866 views • 3 years ago
“Government responds to market signals too. “Unless they get a signal from the bond market, they’re just going to keep spending.” - Stan Druckenmiller to his friend Treasury Secretary Scott Bessent on stage seven years ago And here we are today, with Druck chastising Scott through the WSJ 👇
Compound248 💰72,249 views • 29 days ago
![“Hi, my name is Andrew and I’m wondering if you had more day with Charlie, what would you do with him?“ The most poignant question of the day came from a child. Buffett’s answer eulogized Charlie and sprinkled fabulous life advice throughout. “[Charlie and I] never had any doubts about the other. person.“ Listen all the way - Warren ends it epically. ❤️](https://image.24vids.com/tw-1786794618094305449/amplify_video_thumb/1786794409712824320/img/o8nWIIjzg8waIiPI.jpg)
“Hi, my name is Andrew and I’m wondering if you had more day with Charlie, what would you do with him?“ The most poignant question of the day came from a child. Buffett’s answer eulogized Charlie and sprinkled fabulous life advice throughout. “[Charlie and I] never had any doubts about the other. person.“ Listen all the way - Warren ends it epically. ❤️
Compound248 💰1,727,869 views • 2 years ago
![“The time has arrived… “…where Greg should become the Chief Executive Officer of [Berkshire Hathaway] at year-end.” 💥 Warren Buffett broke the news at the close of the $BRK annual meeting. He’d only told his family - Greg Abel himself didn’t know! Greg will have all authority, including capital allocation (eg, investing and acquisitions).](https://image.24vids.com/tw-1918731710910349356/amplify_video_thumb/1918731568257843200/img/CfE3VNqmEvfCIQFd.jpg)
“The time has arrived… “…where Greg should become the Chief Executive Officer of [Berkshire Hathaway] at year-end.” 💥 Warren Buffett broke the news at the close of the $BRK annual meeting. He’d only told his family - Greg Abel himself didn’t know! Greg will have all authority, including capital allocation (eg, investing and acquisitions).
Compound248 💰703,711 views • 1 year ago
![Buffett: “What do you think the end will be?” Munger: “Bad.” In 2005, exactly 20 years ago, Buffett and Munger talked about the consequences of US structural trade deficits. Warren Buffett predicted: “Ownership by the rest of the world, of [the US], would be seen as a form of taxation 20 years from now by the people who reside here.” 👀](https://image.24vids.com/tw-1910692185927807413/amplify_video_thumb/1910691683479539712/img/n5jYVpbW_ubibL2N.jpg)
Buffett: “What do you think the end will be?” Munger: “Bad.” In 2005, exactly 20 years ago, Buffett and Munger talked about the consequences of US structural trade deficits. Warren Buffett predicted: “Ownership by the rest of the world, of [the US], would be seen as a form of taxation 20 years from now by the people who reside here.” 👀
Compound248 💰716,061 views • 1 year ago
“Your job is to say ‘no.’” - Ajit Jain, $BRK’s insurance chief “It is very difficult to recruit people to sit back and do nothing. “You will get bombarded with deals, day in and day out. Your base case is, ‘just say no.’ “Every now and then, you will come across a deal that will hit you with a 2x4 and it will be screaming money. “That’s when you come to me.” Ajit and Greg note that insurance, investing, and capital allocation all share this trait. Personally, I am not worried that Berkshire will lack wisdom or lose its way - I look forward to seeing what comes next.
Compound248 💰196,683 views • 4 months ago
“Inside Google, I have 100 GPUs. But Google will give me 1,000 GPUs if I leave.” - Emad 🤔 On the Moonshots pod, Emad and Dr. Alex Wissner-Gross say Google should: A) Open-source Gemini, tying it to TPU and GCP compute, to dominate the stack; and B) Become the biggest VC fund in the world and “unlock their geniuses”: programmatically let great employees leave but take a stake in their startups, encouraging them to build on GCP. Crazy like a fox?
Compound248 💰65,615 views • 1 month ago
Sacks drops an absolute bar, criticizing Anthropic for using “distillation” as a door to regulatory capture “If stopping distillation was its primary objective, Anthropic would push to stop Chinese access to American models, not American access to Chinese models.” - David Sacks
Compound248 💰69,962 views • 2 months ago
