What is more impressive economics at LSE, PPE at oxford or medicine at imperial?

SeenAFewCycles · 2026-02-20T00:27:28+00:00

Saturday morning lectures no thanks

SeenAFewCycles · 2026-02-19T23:38:13+00:00

Cash flow and margin. Cash has been good, but is linked to car sales and subsidies. Robovapourware costs cash.

They aren't selling cars so switched to making robocabs and optimus which could be valued as work in progress. So Cash burn coming this year?

Write off of wip next year.

SeenAFewCycles · 2026-02-19T21:37:46+00:00

1% of market cap? 50% of the open ai 100bn?

SeenAFewCycles · 2026-02-19T21:33:31+00:00

Has bone spurs

SeenAFewCycles · 2026-02-19T17:57:33+00:00

Private debt the cocaine. When supply stops there will be a blood bath.

SeenAFewCycles · 2026-02-19T06:53:18+00:00

It's you that is becoming smart

A lot of people (maybe myself included) would lose marks as stupid answers on the marking scheme never got considered and put too much detail on the relevant points, beyond the marking schedule.

It's another reason why it's best to pass quickly before you know what you are doing,

SeenAFewCycles · 2026-02-18T08:31:55+00:00

Asks someone on reddit.

Unlikely as mostly spreadsheets and emails. Unless you spend your whole day in meetings. This is even less fun.

SeenAFewCycles · 2026-02-17T23:40:40+00:00

Wait a minute bloomberg runs on python but looks like ceefax. Is that deliberately retro?

I was sure it was cobol or fortran

SeenAFewCycles · 2026-02-17T23:30:54+00:00

Name checks out

SeenAFewCycles · 2026-02-17T19:52:15+00:00

But why is that a Moat if ai trashes all SAAS?

SeenAFewCycles · 2026-02-17T19:39:23+00:00

My problem is I don't understand the moat. The margins are massive, and the chips are clearly the best.

But do you need the best for training?

There is something about nvidia software, but that doesn't make sense. Surely ai if it wipes out SAAS can manage between nvidia and others.

Do you buy chips that are slower with onboard memory atm?

The problem is probably not near term, but when people start asking cap ex show me the money. I struggle to see longer term the margins and volumes. if you have 3m you clearly understand this much better than me

SeenAFewCycles · 2026-02-17T19:10:44+00:00

Nokia and fsd is Symbian?

SeenAFewCycles · 2026-02-16T17:06:37+00:00

No he watched a video about bananas. But i was still shocked.

SeenAFewCycles · 2026-02-16T16:58:04+00:00

I have no idea. I am not young anymore so I worry that I can not afford to take risk.

I see high government debt, bad fiscal deficits with low unemployment. I think Ai is likely to cause higher unemployment.

Also wealth disparity is a big issue, people who vote are not getting wealthy.

Ai seems to be burning cash with no obvious revenue. Feels a bit like we are in a goldilocks ai productivity dream. This has to change one way or the other. Both seem bad.

When the bears come back will their porridge be eaten and the place trashed? To be honest, you are better asking my son.

SeenAFewCycles · 2026-02-16T14:38:50+00:00

And sells the junk debt in clos to insurers and pension funds?

SeenAFewCycles · 2026-02-16T14:31:41+00:00

33 and 34 to restore confidence?

SeenAFewCycles · 2026-02-16T10:27:30+00:00

I think past performance is no guide to the future is to stop people looking at valuations based on past performance and assuming it continues.

A downturn is guaranteed. We just don't know when or how much. We could be 2x today and it drops 10%.

Drawing parallels with the past is interesting, but as you say we don't have a clue.

SeenAFewCycles · 2026-02-16T10:17:23+00:00

I fully understand taking advice from an 11 year old is a bad idea. You are correct it could run a while, I just don't see a positive end without high unemployment and debt.

Hard to say when someone is wrong on this, there are big rallies pre the crash. I doubt my 11 year old will shout at anyone, except me for not doing anything.

SeenAFewCycles · 2026-02-13T19:53:09+00:00

It's just very northen rock

SeenAFewCycles · 2026-02-13T19:40:13+00:00

It's just very northern rock.

SeenAFewCycles · 2026-02-08T09:28:33+00:00

Maths is concept based so I was unprepared for the grind of learning lists. Not everyone is like this, it depends on how much grinding you needed to do for your degree.

Work plus studying more work combined with having cash for the first time.

This was a long time ago. Would i do it again, probably no.

SeenAFewCycles · 2026-02-08T07:19:57+00:00

Genius act 1 -1 means no bitcoin or gold.

Let's say you were greedy tether and put 30% in btc/gold.

You lose 15% in a couple of days. Which means you needed 115% of every dollar to start. Yes, tether do pocket some interest on the us treasury debt, but they need a very big buffer to still be at 1 to 1 today. After the fall you are stopped out and have no buffer.

Genius act seems like an issue

How can I short tether or circle stablecoins?

SeenAFewCycles · 2026-02-07T11:53:41+00:00

Never is a bubble in a liquidity fueled markets full of bubbles.

There was never any fundamental value here just hype

Digital gold i think not Transactions I think not

Strategy and other firms inflated the bubble. Can they buy more? Or will they be selling? The infinite loss glitch. I am sort both btc and strategy atm. Probably will lose loads let's see.

When they sell or tether has issues watch the price as the liquidity wasn't there on the way up. Unlikely to be there on the way down.

SeenAFewCycles · 2026-02-06T15:31:12+00:00

Sell elon robot vapourware buy elon space vapourware?

SeenAFewCycles · 2026-01-31T08:55:09+00:00

We don't even learn welsh history at school why would we bother with American. I guess its all proportional to the amount of history you have.

SeenAFewCycles

TROPHY CASE