Policy Change
I believe these disclosures will be useful to readers as a measure of conviction.
“The next six to nine months are going to be bigger than anyone believes... It’ll be dramatically better for AI than the last two years in terms of advancements in capabilities.”
“RSI is a lot closer than people think... If RSI actually happens, and I think it sounds like both frontier labs think it’s going to happen very soon, that’s going to soak up an unbelievable amount of compute.” —Tae Kim
When I started this newsletter back in February, I carried over the policy from my prior jobs in journalism: no investments in individual publicly traded U.S. technology stocks, while investments in diversified ETFs allowed.
I’m having a great year in ETFs, but I left potential significant gains on the table by restricting myself from buying some of my best-performing ideas (Dell, AMD, Credo, etc.), many of which are up triple digits since those bullish calls.
As the newsletter has shifted toward investing-related articles and major AI technology trend coverage rather than general technology news, I’ve decided to change that policy.
From here on, I may invest in individual U.S. technology stocks. In future pieces, I will disclose any positions I hold in the company covered by the article at the time of writing. I believe the disclosures will be useful to readers as a measure of conviction.
Note: I’ll be traveling to Silicon Valley the last week of August to visit companies and attend the Hot Chips conference (which I hear is THE conference for learning about the latest semiconductor technologies and future chip trends—Nvidia, Intel, AMD, Samsung, and Google will all be there). If you’re going to Hot Chips, please do say hello.