Infopunk #3 – Poker Pros, Great Investors and Software Conglomerates
Life is poker, not chess
Four years ago I walked away from a guaranteed promotion at McKinsey and a $300K PE offer to work in gaming for a third of the salary.
Many thought I was insane. They were playing chess: calculating the optimal move with perfect information. https://t.co/g5VHm1a12b
someone on reddit let ChatGPT manage a $100 stock portfolio for four weeks and beat the market by 23%.
here are 14 things it means for you, markets and the future of finance:
1. there will be a massive market crash caused by too many AIs making the same trades. when millions of ChatGPT... See more
If someone asked me to give investing advice to a 30-year-old today who had just made their first million, I would first point them somewhere else. I’m not a financial advisor and don’t think I’m qualified to give anyone financial advice. The particulars matter too much. But if they insisted, I might say:
(1) If you... See more
Tim Ferrissx.com