Tech Stocks Face $2.5T Rout, Anthropic IPO, Tesla Winds Down CyberTruck | Diet TBPN
From TBPN
Transcript
Deploy it in the economy in so many places that if you can produce it, it's like the bullish. It's the most bullish case. But it was just funny because like it is extremely rare to find, to find an example of north of 20%. I mean that's a huge amount of economic growth, especially for any country that's at all at scale. It's really, really rare. Can you think about how electric it would be? It'd be amazing. It'd be incredible. It would fix me. It would. It would. Well, hopefully it happens. Lots to do though. Lots to deploy, lots to un hobble. The models need to get even better and they need to be adopted. If you were a hedge fund just hoping to survive to get to 30% sustained GDP growth in the United States, you maybe didn't do that well this week because you may have exploded. Yeah, a lot of, lot of headlines about hedge funds. They wanted explosive growth and they exploded. They got the exploded part, but that's it. Have any of them actually blown up fully? Like had to sell order books or sell holdings in blocks? Do any of that? Well, I think that was certainly happening yesterday. Might be happening over the course of the next couple days because a lot of these are running leverage and so at the very least if their book is in semis, this was in Bloomberg. So hedge fund VARA plunges 33% in brutal October for AI stocks. That's so much coffee's hedge fund Kirkswald had worst ever month in October. Walleye to return some capital following brutal October. Exmoor money manager to return cash from his hedge fund Millennium taps ex Citigroup banker. That's something else. Anyways, hired a Citigroup banker to lead India operation. There you go. They're just expanding. They're like do nothing when I guess they're doing fine. Yeah. A hedge fund trading. Oh, interesting. So there's a hedge fund coach Denise Scholl had multiple clients just cancel their appointment yesterday. It's like one of those things like if you're in the middle of chaos, you often don't necessarily need to just talk it out for an hour. You need to solve your problem in real time and you can, you can figure out what happened later. So I think that makes sense. Do wellness checks with your public equity tmt.