I don't think higher rates are going to cause any bank runs. Much more impactful, IMHO, is the fact that millions of banking customers are about to start using Muse or Dots or Bots or other agents to make the banks stop screwing them on fees, rates, etc.
Here are the Top 8 Best Posts On X I’ve seen lately with some commentary to illuminate why they are so important.
People ask me all the time, "What's the next NVDA, Cody?" I'm often answering that question with this comment, "NVDA might be the next NVDA."
You wanna know what’s really insane? This whole discussion has been only about the incredible growth in spending to build out The AI, Robotics, and Space Revolutions. But it actually understates how wildly impactful The AI, Robotics and Space Revolutions are on personal and corporate profitability.
Building sustainable wealth takes many years of good performance which is why I call my firm "10,000 Days Capital"
I remember in college thinking about the economics that must have enabled the people (and aliens) in Star Trek and Star Wars to build the AI and Robotics and Spaceships that those formerly futuristic fantasies lived in.
Despite Michael Furry (get it? the mindless stuffed bear who goes by Michael Burry, haha), promising and endlessly pontificating his silly thesis that AI is a bubble… apparently the company would actually more than double its topline if supply would allow. Be sure to check out my CNBC appearance too
I'm still running around the world, quite literally. I'm in Hong Kong this week and I get home Thursday night-ish. I was on CNBC last week from Abu Dhabi, talking about Nvidia's earnings, The AI Revolution and I even dropped a bomb or two on Sam Altman and Michael Burry.
I am constantly reminded by most people I talk to that most of society is actually outright scared of The AI Revolution. I am genuinely shocked whenever someone, often someone I know well and love, are actually fearful or even explicitly angry about AI.
The AIRS Revolutions are the biggest Revolutions in more than a century and that's going to be the primary story and driver of rates, economies, society, etc for the next 10-20 or even 50 years, IMHO.
I call my management firm the 10,000 Days Management Company because we are looking out 27.4 years into the future. We want to buy the companies creating tens of trillions of dollars in revolutionary economic activity and own them forever.
Look, you either have to believe Elon's on our side as shareholders of each company and accept that there are some conflicts of interest because he's got more control of one than the other, or you have to move on from both TSLA and SPCX.
