OpenAI’s PHD Model ‘o1’ is Here How many rate cuts is this equivalent to? At least 25 bps Don’t forget, GPT set off the AI craze that sparked the tremendous run in semis

Sovereign AI is coming. When does the Defense Department report spending on GPUs? Read below on lumida.com

SNOWFLAKE Goldman re-iterated a buy rating on Snowflake citing 17x P/S multiple Bananas on many levels: - Went from low capex to high capex - Databricks taking share - No AI story - Share based compensation is beyond excessive and diluting shareholders Goldman doesn’t make

Brought on a good friend Ram Ahluwalia CFA, Lumida to this week’s roundup to chat all things market tactics. Everyone please send your best get well wishes to Tyler Neville who is under the weather this week.

CAITLIN CLARK REVIVES WNBA? Caitlin Clark is ‘single handedly’ reviving the WNBA. I am hearing of sports franchises going for $50 MM. That compares favorably to other sports franchises. The WNBA has mostly been ignored… Caitlin is changing that. Excellence inspires.

RIAs WANT PRIVATE DEALS One of the gaps in the wealth management market is that independent RIAs lack access to good deals. Unless you are Sequoia Heritage, it is extraordinarily difficult to get on the cap table for Brad Jacob’s QXO (up 60% from their $9.14 price in a few

Podcast Alert! 🚨 Subscribe below. "Is Hedge Fund Investing Dead?" We find out with Michael O Weinberg, Ex-PM Soros Fund, Ex-CIO Protege, Adj. Prof. Columbia Sunday (09/15) at 2PM ET, we dive into: - Working with Soros - Buffett's Bet - China, CRE & more.. youtube.com/watch?v=x7xg1i…

LESSONS FROM DRUCKENMILLER AND SOROS Michael Weinberg is one of the most interesting investors you (may) have never heard of. He invested for George Soros and worked alongside Stan Druckenmiller during the dotcom boom. He was at Protege which made the wager with Buffett re:

Is Hedge Fund Investing Dead? with Michael O Weinberg, Ex-PM Soros Fund, Ex-CIO Protege Partners, Adjunct Professor Columbia Business School. x.com/i/broadcasts/1…

This interview with Michael Weinberg was a treat. We discuss his experience on the CIO team working alongside George Soros and Stanley Druckenmiller. One of the themes that popped out was the 'dialectic' - encouraging a culture where individuals can disagree with one another in