He said none of this is "AI". He says wake me up when a computer program learns how to acquire knowledge to recursively improve its own source code without any human input.
>>107113662has this guy ever been right again? i always get the feeling that he got famous because of sheer luck and has been riding that wave ever since, while everyone just failing to verify his track record and just following the same wave that he ridesbut that's just a feeling, i don't know if i am right or wrong and don't care enough to actually research. what i do know is that i remember that he invested in water or some shit because the water wars were coming. and i mean i do believe they are, but he seems to have estimated the timeframe massively wrong
>>107113755He's about 50/50, you just hear about the one time when him being right tied into a significant event
>>107113780>He's about 50/50Not even close, he was bearish for the past 5 years while literally everything kept pumping
>>107113662Oh no. He correctly predicted one crash out of 72 warnings. This is serious you guys.
>>107113755Only marginal trades. His Tesla shorts burned ~$500 million worth of his fortune. He had earned ~$100M from housing bubble, and lost it all in Tesla shorting.
>>107113662okay but how does he know he has the timing right
>>107113937If "The Big Short" had a sequel, lmao
>>107113662He's been shorting the market for at least the past 5 years and the market just keeps going up and up. I dont see how he even has any money left.He is going to get burned if he shorts AI. AI is here to stay, it has full market penetration. Only an idiot would short it.
>>107113662I read Michael Bublé and thought what the fuck did he manage to do
>>107113937Well i would not short any financial instrument of anyone that is in extremely cahoots with the goverment, like Musk / Trump case. But isnt tesla reporting low earnings? So I would not call him an idiot just yet. And there is also slowdowns in the EV sales.>water warsThis one, sadly, is looming nearer than ever in many places. In my city there are increasing discomfort when new buildings are being constructed because people starts wandering about its water usage.Buuuuuut I am just a rando on a semi undergroud internet corner, what do I know right?
>>107113755He was right on the housing bubble and water and wrong on almost every other trade but considering he isn't exactly begging for scraps on the streets I would say those trade can't have mattered all that much.
>>107116396He fell for the "tesla is fake" shit from other short sellers creating fud. >cahoots with the govTesla is banned from selling in half the states. Even those half the states that they are allowed to sell, they had to sue the states many times to get the permission to sell their cars. And even then, half of those half of the states that do allow them to sell put heavy restrictions on their sales. Tesla's only direct government assistance is $500M loan back in 2009 or something. But in the same time period, GM/Ford/Stellantis got $100 billion dollars from Gov, directly. Then there's government buying Ford/GM/Stellantis in bulk orders for federal/local/state govs. Tesla gets NONE of that gov from any level. Hell, California tried to kill Tesla's only factory during covid, while every other car company in the US was open. Biden had huge contempt Tesla and launched series of lawsuits and investigations against them. They even appointed a notorious Tesla short seller, still had controlling stakes in competition, to lead those investigations. Tesla's revenue haven't shrunk, they've been growing YoY. Their car sales slumped a bit due to politics, but they've divested so much that cars revenue are getting smaller, as their final revenue pie grows.
>>107113662This nigger have been wrong about literally everything since 2008.He got lucky once, that's it.
>>107116478And just to get a more complete picture, other foreign car companies are also heavily supported by their respective national govs. VW for example is partly government owned. Toyota/Honda get heavy Japanese gov exclusivity at home. Hyundai has monopoly in SKorea due to national company. Just like how US gov buys millions of GM/Ford/Chrysler cars yearly, so too, for other foreign car companies where the gov buys those company cars to support national jobs program. Tesla is a new starter relatively speaking (~20 years vs 100+ years) so they are not in those national yearly buyout program that create millions of car demand from the gov purchase.
>>107116537>VW for example is partly government ownedGerman here saying it's partially government owned is giving the wrong impression. It feels like this entire country exists just to cover up for the costs produced by VWs management fuckups so saying VW is heavily supported or subsidized by our government is the understatement of the millennium.
>>107116504He's been right about a bunch of much smaller moves, and got in and out early on some riskier things, which is why he's still loaded and still doing this full time. Like everyone else competent, he's not some oracle, and he still manages to lose while being fundamentally correct on occasion (see: Tesla, where he didn't expect to be outgunned by retards).
>>107116582Sure, but gov also owns ~12% of VW and controls 20% of voting power with veto powers over any decision.
>>107116605>which is why he's still loadedNigger he's loaded because he gambles with other peoples money, never he own.This negro has been betting against apple for the past 10 years and never won once.
>>107113662a few days ago I watched a video that explained very well (IMO) why the AI bubble is going strong despite all the bullshit:https://www.youtube.com/watch?v=tAXKxKTGWFQtl;dr: tech companies have a lot of cash in hand because of some deal with the Trump admin in 2017 that allowed them to bring that cash back to the US. well, they now have to do something with it.., and so, AI is the result (cuz they don't have anything else to invest on). and they keep exchanging the money between one each other because, what else could they do?so the question now should be: when will this end? will the bubble ever burst?
>>107116745also, who the fuck would WANT this shit to die? pension money is there..
>>107116769I do, fuck old people and retarded niggers on robinhood
Oh hey it's that guy who hasn't made a good call in 15 years
>>107113662>wake me up when a computer program learns how to acquire knowledge to recursively improve its own source code without any human input.I thought there were AI algorithms out there that could already do this?
>>107113662>This factory is askshually not automated unless it fully replicates itself and grows like its own Panspermia and the entire galaxy is a factory in 5000 yearsthis is how retarded this sounds.also we're moving goalposts weekly now
>>107114614>I dont see how he even has any money left.He probably takes out loans and leverages his past success as collateral, or something like that.
>>107116845>weeklyFeels like the cope/goalshifting is already irrelevant before they can finish the sentence lately.
What a retard. The market can remain irrational longer than you can remain solvent. And if there anything we can all agree on is that AI makes people behave irrationally
>>107116478What's it like living in alternate reality land where Tesla is anything but a failed husk of company with all the value already extracted by greedy kikes?
>>107116944>2010>2011>2012>2013>2014>2015>2016>2017>2018>2019>2020>2021>2022>2023>2024>2025 (You)>What's it like living in alternate reality land where Tesla is anything but a failed husk of company with all the value already extracted by greedy kikes?
>>107113662He has predicted the last 5 crashes out of 1, hope his fund burns down market value wise. It's amazing how ego can stand in your own way
>>107116964>1985>1986>1987>1988>1989>1990>1991>1992>1993>1994>1995>1996>1997>1998>1999>2000 (You)>What's it like living in alternate reality land where Enron is anything but a failed husk of company with all the value already extracted by greedy kikes?
>>107116985
>>107117048I love when bots shit their pants and post unrelated bullshit.>that font
>>107117048at what point do we just admit they're a hardworking, smart and capable people?
>>107116985-500 million to your account. lmao.
>>10711378050% win rate or slightly over is optimal trading behavior. You're supposed to make money on risk management not predicting the future.
>>107117093go back to your cesspit>>>/k/
>>107117835wait, the strategy that I'm testing (with real money) that's been right 60% of the time for over 400 trades is sub-optimal? How do I improve it so it's 50%?
>>107114804dude that's so funny
>>107113662your brain also doesn't acquire knowledge to recursively improve its own and you need human input (ie studying and data collection in ai)your point?
>>107113662>He said none of this is "AI". He says wake me up when a computer program learns how to acquire knowledge to recursively improve its own source code without any human input.based
