HY6

Stan Druckenmiller: Knowing When to Stop Analyzing Is the Biggest Mistake We Make I think it's the biggest mistake in our business. At some point, the analysis becomes counterproductive. That's one thing I've learned, and it's greatly to my advantage. Speed matters now. With AI and email and everything else, if you sit around and analyze a company for four months and you're not willing to operate with 15% or 20% of information, you'll often miss just a big move and then you're afraid to buy it because it has moved. That to me is a core belief. Sometimes when the opportunity is so big and you just kind of know it, you've just got to plunge in without the proper information, do the work, and if it doesn't work out, it doesn't matter whether you're a profit or loss.

So where's the next bottleneck? 😂

Top of the Democratic agenda on day 1 needs to be a pause on advanced AI development, regulation of this out of control industry, and a ban on artificial superintelligence.

Nasdaq longs are at the 98th percentile and Russell shorts at the 3rd. Do you want with that info

Trump: We can't take care of daycare. We're fighting wars. It's not possible for us to take care of daycare, Medicaid, Medicare, all these things.

Why would $LITE take an all-stock deal? silly

Good Paul Tudor Jones quote from May of 2009 (h/t to GS Tony P). Might as well be from today “These days, there are many more deep intellectuals in the business, and that, coupled with the explosion of information on the Internet, creates an illusion that there is an explanation for everything and that the primary task is simply to find that explanation... I see the younger generation hampered by the need to understand and rationalize why something should go up or down. Usually, by the time that becomes self-evident, the move is already over”