Home Affordability Crisis, Palantir's Advantage, Big Short on AI, H-1B Abuse, Solar Storm Hits Earth

Bullish

• $GOOGL— Google's extended depreciation schedules for servers are justified by actual hardware utilization improvements, with TPUs showing 100% utilization even after 7-8 years, countering Burry's accounting fraud thesis

  • “Google first made this change in '21 where they said the servers are now going from three to four years... our seven and eight year old TPUs have a 100% utilization.”

    Friedberg·8:13Hear it
• $META— Meta and other hyperscalers are not cooking the books; technical improvements in kernel operations and hardware design justify extended depreciation schedules

  • “These are not the seven companies that are gonna cook the books... The practical thing that's happening that Michael is not technical enough to understand is that there are meaningful iterations in how kernels are working”

    Chamath·9:01Hear it
• $PHOTONICS— Photon-based computing will replace electron-based computing by the end of the century due to vulnerabilities in current infrastructure to geomagnetic storms

  • “I have a belief that I think electron based computing is gonna go by the wayside by the end of the century and be replaced with photon based computing.”

    Friedberg·51:14Hear it

Bearish

• $PLTR— Shorting Palantir is a bad idea as the company has no viable competitors, differentiated products, monopolistic position, and durable cash flows that justify its high valuation

  • “I think the Palantir short is stupid, and I think that those people will lose money.”

    Chamath·15:16Hear it

Not investment advice.