Pinned
Never really got to explain my reasoning for my $SIVB short - but suffice it to say now if you marked their holdings to market their book value would be negative
Citrini
43.6K posts
Citrini
@citrini
Thematic, Cross-Asset Investment Research
- I know everyone hated this because stocks should go up in a straight line forever, but it’s actually a good thing the market has had some weakness and a chance to revisit the 50 day. Building up the wall of worry to take it down is an integral part of continued bull markets.
- In previous cycles, consulting astrologer girlfriends, toll-free psychics and Etsy witches was something that only happened after index drawdowns of 15% or more. How things have changed…Replying to @labubu_trader and @Merridew__My girlfriend is an astrologist and she said things turn around in August. Just hold on until then.
- NEW: malware developers added nuclear & biological weapons text to to their spyware. Goal? To trigger LLM safety refusals... so that their spyware wouldn't be analyzed by an AI security scanner. Cleanest practical example I can think of for why over-indexing on first order
- Citrini reposted
Give me some 800v FUD baby Nothing changes at the rack level. above 200kw you can't do 54v without taking up ridiculous amounts of rack space - Dan has been a friend of mine since I found his bank commentary on Twitter during the SVB fallout. Minerva has been a super interesting project to watch take off.AI can now read your customers' minds. We raised a $20M Series A lead by 8VC & Lingotto to build this. Introducing Minerva, built in collaboration with OpenAI:
00:00
