"When I see memos from Howard Marks in my mail, they're the first thing I open and read." - Warren Buffett
Marks co-founded $209B behemoth Oaktree Capital and raised $10.9B during the 2008 financial crisis.
Here's how he did it, told through his 2007-2009 memos:
RBA might have to raise rates early to mid next year when they realise it's a trend, not noise.
I suggest anyone who wants to jump into the Labor's retarded first home buying scheme with 95% LVR to think twice or at least budget accordingly.
RBA might have to raise rates early to mid next year when they realise it's a trend, not noise.
I suggest anyone who wants to jump into the Labor's retarded first home buying scheme with 95% LVR to think twice or at least budget accordingly.
A good proxy for when an arbitrage strategy will stop working is when everyone knows about it.
If everyone is talking about leveraging themselves to the tits to buy an investment property and put a granny flat on it they rent out too, you can be damn sure that strategy is not…
So, I tried Ninja Gaiden 2 on PS5 and I swear I will never complain about the camera in the FromSoft games, lmao.
But otherwise the game is a blast. Insanely fun and totally badass. Cherry on top - zero woke nonsense.
Will definitely check out NG4 when it releases.
While I was banned on X I finished Lies of P: Overture.
And it's an absolute fucking cinema. LoP was already the best non-FS Soulslike out there, but Overture just elevated it to an undisputed S tier.
You've heard of "gamification", now welcome "gachafication".
Unironically, AI waifus with paid downloadable content like outfits or emotes is an untapped gold mine when they are fully integrated with the best LLM AI model in existence.
Fuck yes, take my money, Elon!
You've heard of "gamification", now welcome "gachafication".
Unironically, AI waifus with paid downloadable content like outfits or emotes is an untapped gold mine when they are fully integrated with the best LLM AI model in existence.
Fuck yes, take my money, Elon!
I've had this feeling for almost a year now.
Every conceivable metric screams the market is crazy overvalued, on top of the unprecedented centralisation of the main US indexes.
The music has to stop one day and it will, but no one knows when. I'm holding my puts aiming at some…
I've had this feeling for almost a year now.
Every conceivable metric screams the market is crazy overvalued, on top of the unprecedented centralisation of the main US indexes.
The music has to stop one day and it will, but no one knows when. I'm holding my puts aiming at some…
OpenAI plans to launch its own web browser… 💯 other LLM companies will follow suit… Hilarious how Google replaced the companies that had the chance to buy it for pennies but they dismissed it and now Google itself faces the same fate after dismissing LLMs first mover chance👇🏻
OpenAI plans to launch its own web browser… 💯 other LLM companies will follow suit… Hilarious how Google replaced the companies that had the chance to buy it for pennies but they dismissed it and now Google itself faces the same fate after dismissing LLMs first mover chance👇🏻
Making your business profitable by not counting the costs.
500 IQ move by Microsoft. 😂👍
When it finally happens, the big tech implosion will be legendary.
Making your business profitable by not counting the costs.
500 IQ move by Microsoft. 😂👍
When it finally happens, the big tech implosion will be legendary.
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