Invest with Uncle Scrooge

Tampa General Hospital is adding a safety check before AI requests go out. With @PalantirTech, the team is post-training NVIDIA Nemotron to check LLM calls for prompt injection, potential patient data leaks and requests that shouldn’t go through. Hear how it works.

The 7 layers of Sovereignty Full Video: youtu.be/8DQPp2hp0xc?si=YW9m…

Druckenmiller: Sizing Is Most of the Equation, and I Turn the Dial Up When I'm Hot So yeah, I would also say people ask me what I learned from George Soros. I thought when I went there, I was gonna learn what made the yen and the Deutschmark go up and down and that kind of thing. No, what I learned was sizing is probably 70 or 80% of the equation. It's not whether you're right or wrong, it's how much you make when you're right and how much you lose when you're wrong. I've also found as an investor, I believe in streaks. You see it in baseball, you see it in everything else, I see it in investing. Sometimes you're seeing the ball, sometimes you're not. One of my number one jobs is to know whether I'm hot or cold. And when I'm hot, I'm supposed to turn the dial way up, not say, okay, I'm up 40% this year, let's go, this will look good at the end of the year, go take a break. No, you gotta make hay while you're hot. And then when you're cold, the last thing you should do is try and make big bets to get back to even. You should tone yourself down. So believe it or not, that's part of all your eggs in one basket. Not only do I have to see the investment that really excites me, I also have to see myself sort of being in a good trading rhythm.

Going to try this again today... since Michael (who runs Cleanview) has a similar view on once you pass vertical construction. Aterio’s Nov 5 snapshot lists 86.7 GW of US data centers under construction. 50.0 GW is at vertical construction or beyond; 22.5 GW is above 75% complete! Aterio’s first-steel milestone is 20%; above 75% generally means late equipment installation and fit-out. Big blue wave states that people are concerned about - TX, GA, OH, IA, WI and PA account for ~45% of US construction and ~60% of that capacity has already reached vertical or beyond! Ok what about the counties with passed, binding November restrictions? They contain <5% of US construction. Even still, within that footprint, 80% is vertical or beyond and 53% is above 75% complete. Whole-county totals include sites outside the voting municipality. TLDR: There is already a large physical buildout to energize that is ALREADY in motion and are very large 20+ GW annual figures (mid-to-high teens GW 2026 +10GW 2025) that max out FTM and consider some BTM for line of sight in 2027 and 2028. Remaining power and permit approvals can affect delivery timing but that is not stopping or being cancelled at high levels. You can keep freaking out on about 2028+ tbf, but there's plenty to keep hands full through 2028 on just the active pipe alone. Dems and Rs are proposing a lot of the same data center guidelines and I guarantee there'll be compromise before then vs. blanket moratoriums/cancellations some are concerned about. So new permits will be impacted but there will be reasonable paths forward. The sky is not falling out if you were underwriting reasonable numbers. If you were underwriting much higher than that, you were always contemplating BTM + a lot of new gas generation in a way that already required some aggressive assumptions - at least to historical cadence. We shall see about that. On with your days...