Buffett says he's not done in Japan. Other than the trading companies, what do you think he buys next? $SONY is one possibility in my opinion. Buffett had a positive view of Sony 20 years ago. Today it's a different but arguably even better business.

How much do you pay for daycare (toddlers) in your country?

If your thesis for a resource is that "it's scarce/tight", the next question should then be - why are you allowed to own it?

Japanese management teams are poor capital allocators, right? Not this one!

can anyone tell me after seeing this what the value of sell-side analysts become?

Then drag this to court. I’m no legal whiz, but hard to imagine that courts would back this blantant power play and set a precedence for this kind of behavior in the digital age. In the end? All for nothing.

Instead, Yilong decides to score an own goal by making Mount Everest out of a molehill. If I was running SubmarineStack, I’d be stirring up a storm right now. Grab that free publicity.

99.9% of content creators will be sharing the exact same content on both platforms. It’s not going to take away anything. There is no competition. We all know this. Pure insecurity.

This seems like a pretty shortsighted move by the bird app owner, Mr. Yilong Ma. Let’s be clear: There is no content creator who was going to ditch Twitter to post exclusively on SubmarineStack Notes.

@CharlieZvible source?

cc to all 2nd year buyside analysts

“In ten years, half of the world's jobs will be in prompt engineering,” declared Robin Li, cofounder and CEO of Chinese AI giant, Baidu. “And those who cannot write prompts will be obsolete.” 🤔

"Prompt engineers"? First time hearing about this

We hope that this series of articles will spark many conversations

Second, we discuss the business implications of advancements in AI, and develop a framework for assessing these changes that will hopefully be of interest to investors. This will be covered in Part 3.

First, we take a measured look at GPT’s capabilities and limitations, and also present the tech basics in an accessible and relevant way for the non-technical audience. These will be covered in Parts 1 and 2.

We wanted to bring things back to the basics, with the generalist investor audience in mind, and take a look at what’s happening without the usual fanfare. We have two objectives here:

We are writing a 3-part series titled “AI minus the BS”. There’s been no shortage of thought-provoking articles written about ChatGPT. But we feel that the marketplace of content has perhaps tilted towards a “free-for-all” of ideas as of late.