That was Oliver Twist not David Copperfield. But re interviews: I was trying to get into a Uni to read Literature. I was asked "What do you think of Dickens?" (It was in the early 80's when Politcal activism often took the form of sit-ins .....I answered, " I have never been to one"
Rick from Canada here. Thanks for picking up my question and I will be picking up the book this week. All the best and keep going guys. You are the best.
Started JB's new book.. Strongly recommend to all. So so insightful, no wishy washy bullshit. Just pure value and loads of different learnings to be taken within each chapter.
I will never tire of Dickensian references. Deus ex machina was a nice pull too. I'm renting a safety deposit box at a TD Bank branch on the other side of the country. Perhaps I should give them a call to see if that branch still exists...
My worst interview was a minimum wage job for the Indian embassy here in NYC. First off, these clowns outsource their visa approval process. Anyway long story short I got turned down for a minimum wage job because they tried to trick me into agreeing to do 2 additional jobs with it for the same pay. They also had a guy who couldn't drive but I was required to get a license for that very reason - so wtf was the other guy going to be doing with me? No one could answer.
Moore's Law isn't ending per se, it's just getting harder. More cores are being added onto CPUs, so programmers have to write multi-threaded applications (which is harder to do) to achieve the speed boost which used to be easily provided for free. Also, economic growth is most correlated with civilizational energy production/usage. If we solve the problem of cheap, clean, widely available energy, a lot of doors will unlock.
Vale is a Brazilian company. In Brazil they speak Portuguese not French. The Natixis guy (in quite a 'Frenchy" way) giving a lesson on how to spell VALE in French (which doesn't sound as the original version in Portuguese) ... What a joke!!!))))))))) By the way ... "Vale" means Valley (that's the origin). The same word has also another meaning "Value"
Hey Josh you are right ! Just cause the transistors are getting smaller doesn't mean we can't expand data centers & the web ! Nvidia made specialized hardware for specific purposes, a lot of new companies & entrepreneurs will come up with new hardware that accelerates things ! I am an engineer that does just that & I am hoping I can speed up a lot of things in the data center to avoid these doom scenarios.
With moores law its about being able to fit those designs on a chip, nvidia can design super computers but if they have to take up a room than they will not be as useful. Smaller nanometers manufactuting process means exponential complexity of designs that can be used
I love these videos. Entertaining. Thanks. You have TD Ameritrade in the USA. We have TD Waterhouse in Canada. And in Canada we still have to pay 7 dollars a trade on Think or Swim. Canadian Company that treats Canadians like Shizzle.
Moore’s Law is actually becoming less important, as hardware is, and more importantly is the shift to software and AI. I see no restriction in tech innovation, if anything, an acceleration instead.
Batnick - Grammerly is a key logger - not trying to get conspiracy theory on you but in order for them to do what they do FYI they get everything you type.
I read the Moore's Law article in Barron's and frankly I couldn't decide if I agreed or disagreed with the premise of the article. After listening to you dudes I can honestly say I'm now even more confused. Good food for thought anyway.
So this is what I am thinking of the impact of Moore's law on economic growth. I feel it will slow things down a bit based on what computing we can do within a given time as well as the cost to achieve the increased output. One example that comes to my mind that there is only so much weight you can pull based when a single horse pulls a cart. You can add another and then another to pull even larger weights. But then there is a limit to how much you can pull by using an increased number of horses based on the width of the road, curves on it, building the structure of a larger cart and so on.... With invention of a gas engine for example you can do a lot more that what horses can pull compared to the size/weight/cost of those horses. So a new technology takes you forward. Now with silicon there are limits where you can get that, so unless we have a newer tech, like quantum computing, it will be hard to efficiently move processing power forward in an economic manner. My 2 cents on this topic...
Moore's law is part of the reason we buy a new phone every 24 months, part of the reason we now have a mobile economy, gig economy, 5G, SaaS, ecommerce. Moore' Law has been the greatest engine of economic growth over the past 30 years. If it goes away, I think economic growth and dynamism will slow big time. But that's my opinion. Interesting to see how it all plays out, that's for sure. Keep up the great work guys. Shout out to Liftoff btw.
Great show you folks. Josh, Amazon let me know my book "ready to ship" I have prime 2 dan shipping, they said it will be delivered Dec 3!, sigh. So, hope your signing procedure is still in effect.
GM is on fire... flaming pile of 💩. Unfortunately time will prove your opinions wrong. It's obvious to anyone that goes down the rabbit hole of EVs and what it takes to transition that they're going to be obsolete by 2030. Great thing about the internet is there's a history of conversations. Too bad there's not a remind me function here. By the way, love your show. My SPG position is doing nicely too. I just think your hot take on GM will be 🙈🙈😬🤦♂️
Great show, was lit .. I watch them all, I thought this one really shined as a conversation , not just a pod.. almost like I'm listening to a real conversation between two advisors, no cameras, just a genuine look behind the curtain kine deal. I want the book, but I'm an audible.com guy and couldn't find it. Oh well, once I find out how to get a signed copy, imma go old school and order paperback. I know the artwork is 🔥, but I need that audible yo!
Great buy on GM, but Uber is a mistake. Lyft and Uber would have delivered by now if they could. BTW speaking of the delivery side. How much will you pay for lukewarm pizza. The Margins aren't there. TTD popping again! Check out Jeff Greens resume/history and you'll be a buyer. Anyway love your insight, guys! Buying the book.
nano meters. Technology directly increases the economic output of an individual or a company. Say you want to dig a hole. Dig with your hands *bad* dig with a shovel *ok* dig with an excavator *pretty good* give parameters to a robot of how you want the hole to look *best*. So technology does not necessarily equal processing speed, but all of those technologies (shovel, excavator, robots) at least indirectly benefit from it. You can’t competitively sell shovels at the scale and cost companies do now without computers.
if you still hunting growth, $API is the next $FSLY (before it blew up) good technical entry point today after a strong close (in reaction to weak earnings)
The book is only on kindle in Australia so I might have to see if it ships here from US. It says number 1 best seller in bonds investing, I assume though that it's as relevant to going long in stocks?
Man I love these guys but when it comes to tech they're so clueless lol, but who can know everything right ?, Hell that's why I'm here at the knowledge tree, trying to pick some fruit.
![[UNCUT] ชาวบ้านถาม “นายกอุ๊งอิ๊งค์” ประชาชนมีกิน มีใช้ กี่โมง? I คนดังนั่งเคลียร์ I 16 ส.ค. 67](http://i.ytimg.com/vi/tKZvOzLIJJc/mqdefault.jpg)
I wish this show was on twice a week. Once a week isn't enough
Daily would be good
The KFC/Pizza hut joke was way more funny than Michael gave it credit for
The awkward silence loool
KenTacoHut!!!
Josh:”this is a book for you....the chapters are 4 pages long, so you don’t have to dwell on anything very long”.
Mike: “yeah...I can’t wait”.
That was Oliver Twist not David Copperfield. But re interviews: I was trying to get into a Uni to read Literature. I was asked "What do you think of Dickens?" (It was in the early 80's when Politcal activism often took the form of sit-ins .....I answered, " I have never been to one"
Rick from Canada here. Thanks for picking up my question and I will be picking up the book this week. All the best and keep going guys. You are the best.
Awesome, thanks for the good question!
Started JB's new book.. Strongly recommend to all. So so insightful, no wishy washy bullshit. Just pure value and loads of different learnings to be taken within each chapter.
You guys have some interesting chemistry. Keep it going
Thanks for watching, Philip!
Remember Apple in 1997? "No, I was twelve"
josh oozes authenticity...... until he asks for our feedback and tells us he appreciates our contributions... it just vanishes.. ;)
He authentically doesn’t give 2 F’s about you. ....outro Sinatra’s chorus New York, New York......
5:52 That’s Oliver Twist, not David Copperfield
Correct. Gotta love the Dickens reference though
Yeah, 10/10 for including literature though!
Loved the job interview bit! Lol ...the honesty is priceless
I will never tire of Dickensian references. Deus ex machina was a nice pull too. I'm renting a safety deposit box at a TD Bank branch on the other side of the country. Perhaps I should give them a call to see if that branch still exists...
You guys are a freaking riot. New favorite channel, seriously.
Shout out to Duncan, good question reading
Need this show on Monday and fridays!
Love you guys. Congrats on the book yoshi and I died on the Batnick's "job interview" recommendations, hilarious!
My worst interview was a minimum wage job for the Indian embassy here in NYC. First off, these clowns outsource their visa approval process. Anyway long story short I got turned down for a minimum wage job because they tried to trick me into agreeing to do 2 additional jobs with it for the same pay. They also had a guy who couldn't drive but I was required to get a license for that very reason - so wtf was the other guy going to be doing with me? No one could answer.
Michael “I love fund flows” Batnick
lol. I really do.
Thanks guys. Enjoyed this week's video and conversation. Can't wait to read the book.....Stay safe and look forward to next week's discussion.
Thanks, Joseph!
Thanks guys. The advice @ 22:18 is gold
Vin Diesel of wall street
The problem with GM EV cars so far is that the design isn't anything you want to drive, ZERO cool factor, that has to change!!
I think they're trying to change that with the electric Hummer, but we'll see if it works.
Just pulled the trigger on the book at Amazon. Amazon shows it as #1 Best Seller "in Bonds Investing" ?!? lol
Usually your welcome intro and the initial exchange w Michael is enough to smash that like button lol 😂
I'm with you on the chips. The generic CPU that we all know will just splinter into specialized silicon based on need.
Moore's Law isn't ending per se, it's just getting harder. More cores are being added onto CPUs, so programmers have to write multi-threaded applications (which is harder to do) to achieve the speed boost which used to be easily provided for free.
Also, economic growth is most correlated with civilizational energy production/usage. If we solve the problem of cheap, clean, widely available energy, a lot of doors will unlock.
You made him buy a copy!!??? wow....
I legitimately enjoy the informative banter! Good Show
Thank you!
Great content, keep up the good work. Big Fan.
Appreciate it!
My copy arrived today! Love it!!
Hope you enjoy it!
Shows in progress. Gotta get the book!
Great show !
Thanks, Jimmy!
I received my copy today and I’m looking fwd to reading it. 😀. Also, another great episode. 👍.
Awesome! Thank you, Jason!
Surprised they didn't talk about Tesla and the 500 inclusion. Topic for next week: How to include it. Traunches or 1 time go?
As a person raised by computers grammarly is my saving grace at work.
Great work guys ... I pushed through the 8min pain barrier 😉
Thanks for hanging in there!
Vale is a Brazilian company. In Brazil they speak Portuguese not French. The Natixis guy (in quite a 'Frenchy" way) giving a lesson on how to spell VALE in French (which doesn't sound as the original version in Portuguese) ... What a joke!!!)))))))))
By the way ... "Vale" means Valley (that's the origin). The same word has also another meaning "Value"
Hey Josh you are right ! Just cause the transistors are getting smaller doesn't mean we can't expand data centers & the web ! Nvidia made specialized hardware for specific purposes, a lot of new companies & entrepreneurs will come up with new hardware that accelerates things ! I am an engineer that does just that & I am hoping I can speed up a lot of things in the data center to avoid these doom scenarios.
With moores law its about being able to fit those designs on a chip, nvidia can design super computers but if they have to take up a room than they will not be as useful. Smaller nanometers manufactuting process means exponential complexity of designs that can be used
Buffet used the remaining $145 billion to buy Bitcoin
I love these videos. Entertaining. Thanks. You have TD Ameritrade in the USA. We have TD Waterhouse in Canada. And in Canada we still have to pay 7 dollars a trade on Think or Swim. Canadian Company that treats Canadians like Shizzle.
Glad you like them, thanks for watching, Jeff!
Moore’s Law is actually becoming less important, as hardware is, and more importantly is the shift to software and AI. I see no restriction in tech innovation, if anything, an acceleration instead.
JB so excited he forgot to introduce himself
Batnick - Grammerly is a key logger - not trying to get conspiracy theory on you but in order for them to do what they do FYI they get everything you type.
I read the Moore's Law article in Barron's and frankly I couldn't decide if I agreed or disagreed with the premise of the article. After listening to you dudes I can honestly say I'm now even more confused. Good food for thought anyway.
JB, is it possible Buffett didn’t sell AAPL but Ted or Todd did. Buffett doesn’t trim.
Fed Done, fiscal done, vaccine done, 2021ernings pull forward done... ooops! Eh roll on 2022!!
There is so much passive agressive energy here.
RIP Michael after that job interview
17:45 Grammarly is excellent!
Thanks fellas.
So this is what I am thinking of the impact of Moore's law on economic growth.
I feel it will slow things down a bit based on what computing we can do within a given time as well as the cost to achieve the increased output.
One example that comes to my mind that there is only so much weight you can pull based when a single horse pulls a cart. You can add another and then another to pull even larger weights. But then there is a limit to how much you can pull by using an increased number of horses based on the width of the road, curves on it, building the structure of a larger cart and so on....
With invention of a gas engine for example you can do a lot more that what horses can pull compared to the size/weight/cost of those horses. So a new technology takes you forward.
Now with silicon there are limits where you can get that, so unless we have a newer tech, like quantum computing, it will be hard to efficiently move processing power forward in an economic manner.
My 2 cents on this topic...
Great stuff, fellas. Love watching Financial PTI
Glad you enjoyed it, thanks for watching!
Worst book salesmans ever, hoards all his books.
😂 I was going to say!
Moore's law is part of the reason we buy a new phone every 24 months, part of the reason we now have a mobile economy, gig economy, 5G, SaaS, ecommerce. Moore' Law has been the greatest engine of economic growth over the past 30 years. If it goes away, I think economic growth and dynamism will slow big time. But that's my opinion. Interesting to see how it all plays out, that's for sure. Keep up the great work guys. Shout out to Liftoff btw.
Good point, thanks for watching!
Vale. Oh got that stock gives me nightmares.
Nice guys. As always good one ☝️
Spellerly LMAO!!!
This is hilarious...I work for a company owned by the French company Michael is talking about in section 2.
Great show you folks. Josh, Amazon let me know my book "ready to ship" I have prime 2 dan shipping, they said it will be delivered Dec 3!, sigh. So, hope your signing procedure is still in effect.
I want you guys to talk about decentralized finance on Ethereum
GM was a great call.
GM is on fire... flaming pile of 💩. Unfortunately time will prove your opinions wrong. It's obvious to anyone that goes down the rabbit hole of EVs and what it takes to transition that they're going to be obsolete by 2030. Great thing about the internet is there's a history of conversations. Too bad there's not a remind me function here.
By the way, love your show. My SPG position is doing nicely too. I just think your hot take on GM will be 🙈🙈😬🤦♂️
Great show, was lit .. I watch them all, I thought this one really shined as a conversation , not just a pod.. almost like I'm listening to a real conversation between two advisors, no cameras, just a genuine look behind the curtain kine deal.
I want the book, but I'm an audible.com guy and couldn't find it. Oh well, once I find out how to get a signed copy, imma go old school and order paperback.
I know the artwork is 🔥, but I need that audible yo!
The vaccines have a good shot? Nice pun
Great buy on GM, but Uber is a mistake. Lyft and Uber would have delivered by now if they could. BTW speaking of the delivery side. How much will you pay for lukewarm pizza. The Margins aren't there.
TTD popping again! Check out Jeff Greens resume/history and you'll be a buyer. Anyway love your insight, guys! Buying the book.
nano meters. Technology directly increases the economic output of an individual or a company. Say you want to dig a hole. Dig with your hands *bad* dig with a shovel *ok* dig with an excavator *pretty good* give parameters to a robot of how you want the hole to look *best*. So technology does not necessarily equal processing speed, but all of those technologies (shovel, excavator, robots) at least indirectly benefit from it. You can’t competitively sell shovels at the scale and cost companies do now without computers.
Damn JB has the same tie I have in my closet.
if you still hunting growth, $API is the next $FSLY (before it blew up) good technical entry point today after a strong close (in reaction to weak earnings)
Great topics as usual and very worthwhile. Any possibility of discussing new energies?
Think nano meters. :-)
Random: do the show after sunset one time - I think I would absorb the content more with comfort lighting.
Grammerly needs to consult Speller ly - Hah. That was Epic!
The book is only on kindle in Australia so I might have to see if it ships here from US. It says number 1 best seller in bonds investing, I assume though that it's as relevant to going long in stocks?
When audio version of the book Josh?
Why did I sell Nvidia at at 145?
Buffets gone day trader, maybe he's running out of patients
Patience
Gotta keep up with Portnoy.
I would’ve hired you just to fire you 😂
Josh is right about GM. They have fingers in lots of ev markets (not talking Nikola)
Lmaooooooo VALE
Is that privilege? Pissed I dumped GM. SMH
Josh said fi-nance. You used to say fin-ance. Why the change?
Josh is married to a Wolverine. He married well!
Downtown "Josh" Brown
GO BLUE
Man I love these guys but when it comes to tech they're so clueless lol, but who can know everything right ?, Hell that's why I'm here at the knowledge tree, trying to pick some fruit.
Is your book on audiobooks
Where did you get it?
@@Ben-gi1rn I was asking
Buffett will FOMO buy Bitcoin at 100K plus.
I think he called it rat poison squared 😂 another old man yells at bitcoin haha
“cringe”
Josh, do you not like making money? How come you don't trade Tesla? #sarcasm #ifyouknowyouknow - keep up the great content.
OOTG
Buffett should buy bitcoin
josh at start of show every time: 'say hi mike'....wtf , is he a puppet?.....nxt week, ' say good nite gracie'
u gotta give MB CREDIT to standing up to JB when necessary...or its can just be a 'yes , yes' show....borin