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Chamath and David Sacks start laughing at Jcal's $AAPL thesis: “I think $AAPL is a screaming buy right now. And that's not financial advice, but my Lord, that company could just run the table on AI if they get this right." “It’s just like the iPhone. Everybody laughed at... show more

dnap

6,488 subscribers

326,091 次观看 • 2 个月前 •via X (Twitter)

科学技术财经新闻政治

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36 条评论

Todd Hopkinson 的头像

Todd Hopkinson2 个月前

laugh all you want, he's absolutely right

Luc D. 的头像

Luc D.2 个月前

I think he’s right tbh Apple is AI agnostic in terms of what model wins, they just always have better hardware than everyone else Idk about unlimited tokens but I get his point

Hush Money 的头像

Hush Money2 个月前

Those 2 idiots laughing alone makes me tempted to go buy Apple.

Bob Carr 的头像

Bob Carr2 个月前

He's correct

David Bell 的头像

David Bell2 个月前

I think he is right. Local inference is exciting.

Colton H 的头像

Colton H2 个月前

These are the same dumb fucks who said Google was doomed a couple years ago

Nick G. 的头像

Nick G.2 个月前

Although Apple seemingly fell into it, I think he’s right.

OneSpicyMeatBall 的头像

OneSpicyMeatBall2 个月前

All their on device AI acquisitions, the fast track to M7 and 1.5 tb of ram I believe it was, and with a new CEO? They are being slept on.

ejproductions 的头像

ejproductions2 个月前

What memory architecture?

dnap 的头像

dnap2 个月前

hes talking about the m7 ultra chip which has a lot more memory than previous version

Jonathan Cab 的头像

Jonathan Cab2 个月前

I don’t recall everyone laughing at the first iPhone. I recall the opposite.

dnap 的头像

dnap2 个月前

ft @Jason @chamath @DavidSacks @theallinpod

Adam Marcelo 的头像

Adam Marcelo2 个月前

J. Cal is probably right here.

Questor Belwid 的头像

Questor Belwid2 个月前

We really need to get past the idea that apple is anything like the same company that made introduced the iphone

Yishai Cohen 的头像

Yishai Cohen2 个月前

He is not wrong

Quazze 的头像

Quazze2 个月前

I agree, 100%. It’s going to be a game changer and people don’t realize that yet but you do.

Nathan Burtnett 的头像

Nathan Burtnett2 个月前

I think he's right though!

Vishal Raina 的头像

Vishal Raina2 个月前

Jacl is right here. He will have the final laugh.

Zach Crow 的头像

Zach Crow2 个月前

$AAPL not really going heavy into the whole AI bonanza has me thinking this may be a safe place.

Justin Rogers 的头像

Justin Rogers2 个月前

Surprised they are laughing at him seems obvious they are going to capture lion share of the value if no other device comes around

rollneck 的头像

rollneck2 个月前

I don't remember anyone laughing at the first iPhone, everyone who saw one wanted one

Andy Scott 的头像

Andy Scott2 个月前

i dont think hes wrong

Cartallica 的头像

Cartallica2 个月前

Apple is going to win the AI race by never being good at AI? That will be hilarious if it happens.

Clay 的头像

Clay2 个月前

You cannot run anything worthwhile locally right now on 128gb and under.

TheStockoLator 的头像

TheStockoLator2 个月前

Sacks has all of the insider advantages and is still a fucking moron. How is this even possible? Jason is right. In 1985, my first computer had 64 KILOBYTES of memory. That arc hasn't changed one bit. 128gb and higher is on the way, as soon as demand drives price, and manufacturing catches up. M7 is coming, and Apple is the play.

JoefromCH 的头像

JoefromCH2 个月前

Can’t apple just take one of these open weight models that will be as good as fable jn year and customize and integrate into a m7/osx?

mATTHEW rYAN 的头像

mATTHEW rYAN2 个月前

buyin $AAPL -2.50% off ATH's is wild bro

Holmes1618 的头像

Holmes16182 个月前

Consumers dont want pay for AI

Patrick 的头像

Patrick2 个月前

$AAPL also spend remarkably low Capex and may be the one winning the AI game by not playing. $AAPL to 400.

Tyler 的头像

Tyler2 个月前

Apple for sure has a strong outlook.

Lee Jones 的头像

Lee Jones2 个月前

He’s not wrong

AccelCurious 的头像

AccelCurious2 个月前

I think @Jason is right but he has also been talking shit about Apple's moves during this AI boom the whole time and has called them out multiple times on this podcast. He also has criticized @tim_cook saying he is not creative and doesn't know what to do other than continue what Steve Jobs plans were. I think clearly Apple's play has always been hardware and that AI will be a commodity that can run on smaller devices in the end and everyday we get closer and closer to that reality.

Meme Bank 🏦 的头像

Meme Bank 🏦2 个月前

Do you think that's justified?

Alex P 的头像

Alex P2 个月前

Lol then why would anyone need nvda and amd, Broadcom chips? Just stock data centers with millions of iPhone. You gotta know apple know how to do more with less, their software is good but hardware are not great. The m7 chip is good, but its compute is limited.

Josh 的头像

Josh2 个月前

$AAPL is forever a good buy.

Troy Amyett 的头像

Troy Amyett2 个月前

💯

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💬 since you’re the only t in zb1, have the members ever felt hurt or upset because of this? and do they come to you when they need advice on something? 🐥 they don’t really come to me for advice on their problems, and i do think there are members that may feel upset. matthew and hanbin hyung are huge f's, so when they’re thinking really deeply about something and i’m like, “oh, i think you can just do this, i think this should be fine” they’ll react like, “oh... 😕” you get me, right? like, “how cold of you!” i think matthew in particular reacts like this a lot.

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I am very suspicious of this vehicle!!! I think they may have called in on DAA-JUICE If they were just there for Nancy's House, they would NOT have angled their car so they could get an image of Juice.......and then they stopped when leaving, and I think that is when they called!! Just my Opinion!!!

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🚨David Sacks on pre-product AI startups turning down billion-dollar acquisition offers: “There's a lot of people who've never been through a bust cycle before. And if they think that this is the normal state of the world, they're going to be sorely mistaken.” Sacks: “You are seeing founders turning down multi-billion dollar acquisition offers for startups that haven’t even released a product yet.” “As if those types of offers grow on trees. And they don't.” Jason: “You think Mira should have taken the billion dollar offer from Zuck, or Ilya should have taken the $30B, Sacks? I mean, these things never happen.” Sacks: “I guess it depends how much they have in the bank account. They're both OpenAI co-founders, so…” Chamath: “They probably sold a bunch of OpenAI equity at $300B and $500B. They seem like they're free rolling, so they have no incentive to sell.” Sacks: “Which is fine, it's just that there's a lot of people who've never been through a bust cycle before.” “And if they think that this is the normal state of the world, they're going to be sorely mistaken.” “Right now, we're in a part of the cycle where you can justify that valuation based on its strategic value to a multi-trillion dollar market cap company.” “But that only lasts while those companies are in the market for strategic acceleration.” “And if you turn that down, then you have to make your company work on its own as an actual business.” “And to get to a $30B valuation based on fundamentals, that is extraordinarily difficult.” “That implies multiple billions of revenue. Actual revenue.”

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Steve Jobs literally gave a masterclass on how "stock options" actually work in 1983: "If somebody came to work for your company, you could let them buy some stock. The problem is they might have to shell out $100,000. If the company went broke, they'd lose all their life savings" "So when somebody comes to work, let's say the stock's trading at ten dollars a share, you give them the option to buy ten thousand shares at ten dollars. They have four years to exercise that option" "If the stock goes down or stays the same, they never exercise it. They don't put up any money, they don't lose anything" "But if it goes to a hundred dollars a share, they can borrow the money to buy it at ten because it's worth a hundred" "In exchange, we only dole out their ability to exercise 25% a year, locking in people really for four years if the stock goes up" "Before we went public, over 80% of Apple was owned by the employees. Right now, I'd say over 50% of Apple is owned by the employees" "I don't think finance is what drives people at Apple. I don't think it's money. But feeling like you own a piece of the company, and this is your damn company" "We always tell people, you work for Apple first and your boss second"

Jaynit

820,493 次观看 • 3 个月前

Chamath’s 2026 IPO Advice: Get Public Fast or Get Left Behind Jason: “ What are your thoughts here on the flurry of potential IPOs?” Chamath: “I think that we have a bit of a risk problem. If you think about appetite as equivalent to a person at a Thanksgiving dinner, when you first come in and you see all of this stuff, it's so plentiful, your eyes are bigger than your stomach. And I think in a moment like that, you want to be the one that is consumed first. And I think the risk increases when you are at the tail end because the risk is that the diners will run out of space.” Jason: “Plate fills up. Yeah.” Chamath: “And if you use that analogy, I think the reason why people's plates will get full is probably twofold and maybe threefold. The first and most important thing is there's enough tactical event risk that people generally want to be risk off and have more margin of safety. We have a lot of these really important financial moments tied to this concept of AGI, ASI. We have a real pricing problem. If AGI is real, the durability of most companies is slim to none. If AGI is not real, then the fundraising capacity of these companies that are now raising hundreds of billions of dollars needs to get questioned and inspected thoroughly. History will sort out which one is right, but both cannot be right. So in that vein, I don't think we're going to have this “blockbuster” stream of IPOs. I think what happens is SpaceX is going to get out. They're going to do great, and then maybe the next one does good to great, then the next one will do good, and then the appetite runs out because you just can't absorb, incrementally, trillions of dollars of new demand. And if you think about it, where is it going to come from? Is it going to come from the sidelines? I don't know, I think it's more of a reallocation exercise. But if you look at the S&P, well, most people are now defensively moving away from these kinds of things, towards the things that are more protected, what the industry calls HALO, right? Those things trade for zero today. You could buy hundreds of millions of dollars a year of cashflow for 2-5x right now in the stock market. And so why are you going to go way out on the risk curve and buy something at 200x revenue, let alone earnings? I'm more in the camp of, I think it's good to be first, it’s pretty decent to be second, but if I were you, I would get the heck out, and get public, and get your money, and fortify your balance sheet ASAP, because I think the risk builds the further down the IPO chain you're in.”

Chamath’s 2026 IPO Advice: Get Public Fast or Get Left Behind Jason: “ What are your thoughts here on the flurry of potential IPOs?” Chamath: “I think that we have a bit of a risk problem. If you think about appetite as equivalent to a person at a Thanksgiving dinner, when you first come in and you see all of this stuff, it's so plentiful, your eyes are bigger than your stomach. And I think in a moment like that, you want to be the one that is consumed first. And I think the risk increases when you are at the tail end because the risk is that the diners will run out of space.” Jason: “Plate fills up. Yeah.” Chamath: “And if you use that analogy, I think the reason why people's plates will get full is probably twofold and maybe threefold. The first and most important thing is there's enough tactical event risk that people generally want to be risk off and have more margin of safety. We have a lot of these really important financial moments tied to this concept of AGI, ASI. We have a real pricing problem. If AGI is real, the durability of most companies is slim to none. If AGI is not real, then the fundraising capacity of these companies that are now raising hundreds of billions of dollars needs to get questioned and inspected thoroughly. History will sort out which one is right, but both cannot be right. So in that vein, I don't think we're going to have this “blockbuster” stream of IPOs. I think what happens is SpaceX is going to get out. They're going to do great, and then maybe the next one does good to great, then the next one will do good, and then the appetite runs out because you just can't absorb, incrementally, trillions of dollars of new demand. And if you think about it, where is it going to come from? Is it going to come from the sidelines? I don't know, I think it's more of a reallocation exercise. But if you look at the S&P, well, most people are now defensively moving away from these kinds of things, towards the things that are more protected, what the industry calls HALO, right? Those things trade for zero today. You could buy hundreds of millions of dollars a year of cashflow for 2-5x right now in the stock market. And so why are you going to go way out on the risk curve and buy something at 200x revenue, let alone earnings? I'm more in the camp of, I think it's good to be first, it’s pretty decent to be second, but if I were you, I would get the heck out, and get public, and get your money, and fortify your balance sheet ASAP, because I think the risk builds the further down the IPO chain you're in.”

The All-In Podcast

61,917 次观看 • 5 个月前

Bam Adebayo GOES IN on the critics that says his 83 point game performance is unethical: "For the couch coaches, I mean, if you're in my shoes and you have, first of all, y'all are blaming me. You should be blaming the head coach. Get that first. I was not the one letting me go one-on-one the whole game until I had 70, and then you started to send a double. At that point, I got 70 with, like, what? nine minutes left to go in the game you think i'm not going for it like like and that's the thing that's crazy when they talk about the unethical part of the basketball i'm like if i have 70 points with 9 minutes to go Who would just be like, you know, coach, just take me out. Yeah, right. Anybody in my shoes with nine minutes left? Okay. A minute? All right. Nine? Yeah, I'm going for it. You can't be mad at that. If you are mad, I don't care because a lot of people, they're upset because if they did play, they never had a chance to get that close to chasing greatness. And then if you get that close to chasing greatness, that's the point of chasing it so you can surpass it. And some of the people have never played basketball. So like if you've been in the backyard and you and a couple of your homies have been playing 21 and you got 19. You're not going to get an easy look off. And four, they're going to talk about the free throws. It's not like I shoot 15 free throws a game. It's not like I average 10 free throws a game. You can watch the film. I was legitimately getting fouled every time. So I went to the free throw line."

Bam Adebayo GOES IN on the critics that says his 83 point game performance is unethical: "For the couch coaches, I mean, if you're in my shoes and you have, first of all, y'all are blaming me. You should be blaming the head coach. Get that first. I was not the one letting me go one-on-one the whole game until I had 70, and then you started to send a double. At that point, I got 70 with, like, what? nine minutes left to go in the game you think i'm not going for it like like and that's the thing that's crazy when they talk about the unethical part of the basketball i'm like if i have 70 points with 9 minutes to go Who would just be like, you know, coach, just take me out. Yeah, right. Anybody in my shoes with nine minutes left? Okay. A minute? All right. Nine? Yeah, I'm going for it. You can't be mad at that. If you are mad, I don't care because a lot of people, they're upset because if they did play, they never had a chance to get that close to chasing greatness. And then if you get that close to chasing greatness, that's the point of chasing it so you can surpass it. And some of the people have never played basketball. So like if you've been in the backyard and you and a couple of your homies have been playing 21 and you got 19. You're not going to get an easy look off. And four, they're going to talk about the free throws. It's not like I shoot 15 free throws a game. It's not like I average 10 free throws a game. You can watch the film. I was legitimately getting fouled every time. So I went to the free throw line."

Ahmed/The Ears/IG: BigBizTheGod 🇸🇴

374,056 次观看 • 6 个月前

Rory McIlroy was asked if he’s okay with/understands that they may water between waves on Thursday and Friday. Provided an interesting nugget about Shinnecock watering every day at 2 p.m. for members. “It’s a unique golf course,” McIlroy said. “The members at Shinnecock will tell you they do that every single day—every single day at this course the members play they put water on the course at 2 p.m. So, it’s a unique golf course and it seems like it’s just something they have to do. “For me it’s more... my concern was you don’t want it to look as if you’ve lost the golf course, and you’re starting to put water on it, which I don’t think is what they’re going to do. I think, especially with the heaviness of the wind on Thursday, it’s probably prudent to do that. “Friday doesn’t look as windy, but I think just for, again, fairness and competitive integrity, they do it on Friday, too. But I think they’ve got enough bandwith on the weekend that they probably don’t need to do it. So, I understand it. When I first heard of it my first reaction was ‘that’s stupid, why are they doing that?’ But then once you actually listened and you let them break it down to you, you’re like, yeah, that makes sense.”

Rory McIlroy was asked if he’s okay with/understands that they may water between waves on Thursday and Friday. Provided an interesting nugget about Shinnecock watering every day at 2 p.m. for members. “It’s a unique golf course,” McIlroy said. “The members at Shinnecock will tell you they do that every single day—every single day at this course the members play they put water on the course at 2 p.m. So, it’s a unique golf course and it seems like it’s just something they have to do. “For me it’s more... my concern was you don’t want it to look as if you’ve lost the golf course, and you’re starting to put water on it, which I don’t think is what they’re going to do. I think, especially with the heaviness of the wind on Thursday, it’s probably prudent to do that. “Friday doesn’t look as windy, but I think just for, again, fairness and competitive integrity, they do it on Friday, too. But I think they’ve got enough bandwith on the weekend that they probably don’t need to do it. So, I understand it. When I first heard of it my first reaction was ‘that’s stupid, why are they doing that?’ But then once you actually listened and you let them break it down to you, you’re like, yeah, that makes sense.”

Christopher Powers

1,341,845 次观看 • 3 个月前