Jake Grosek
@JakeGrosek
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Data Engineer 🇺🇸🇵🇷opinions my own. $RKT $TMF $ZROZ
Austin, TX
Joined January 2016
@ProblemSniper You might like this book. It discusses cycles in depth. He argues there’s 4 major cycles (54, 18.3, 9, and 3.4 years). It too tracks with major booms and busts
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.@garrytan I would urge you to reconsider this decision and open YC Austin. First, the data is looking in the rear view mirror. “Past performance does not guarantee future results,” as the saying goes. The Austin startup ecosystem is off to the races thanks to first movers like
@DonniHonig We haven’t done it yet because it is much more likely that people create successful PMF unicorns staying in SF Bay Area at a rate of 2.5x more NYC is about 2x
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BREAKING: Tomorrow is Warren Buffett's last day as CEO of Berkshire Hathaway. Buffett took the stock from $19/share in 1965 to $750,000/share today, up +3,950,000%. Congratulations to the best investor of all time.
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An insiders guide to an alternate plan. I doubt they do it, but @DiMartinoBooth offers a compelling thought
The Weekly Quill — OPEN LETTER to The Federal Open Market Committee on behalf of Every Hardworking American Who Wakes Up in the Morning Asking Themselves What Went Wrong https://t.co/CL8kERJVDP
#federalreserve #powell #dimartinobooth #economy
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This is one of the best articles I have ever read. I literally mean ever, not just about Nvidia.
Free newsletter: NVIDIA Isn't Enron, so what is it? My 15k word guide to the market messiah- how it makes money, how its future relies on endless debt, how millions of GPUs are sitting waiting to be installed, and why buying AI GPUs no longer makes sense. https://t.co/RoRQbdQFaA
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A lot of you have never had to sleep in your car, and it shows. The idea is not that $250 compounded is going to make a life-changing impact on its own. Optimistically, that money could grow to $1,400 over 18 years, which isn't enough to do much. What it does is teach children
$6.25 billion. 25 million children. $250 each. Susan and I believe the smartest investment we can make is in children. That’s why we’re so excited to contribute $6.25 billion from our charitable funds to help 25 million children start building a strong financial foundation
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Kudos to Susan and @MichaelDell for their $6.25 billion investment in America’s future, and Brad @altcap Gerstner for inspiring such philanthropy in the form of Trump Accounts. Few policies have such potential to improve lives and rectify asset disparities. 🇺🇸
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Since everyone has offered their opinion on @profplum99's article, here's mine: Very good read A lot of people on twitter are getting stuck up at the details and shouting his estimated expenses aren't accurate and missing the bigger point: When the poverty line was created,
yesigiveafig.com
How a Broken Benchmark Quietly Broke America
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The Twitter location dox is the first acknowledgment of something thought unthinkable in the west, that China figured out long ago - that we do not owe the whole world membership in our town square.
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When Musk bought Twitter they published the algorithm to GitHub. Now we know where accounts are posting from. They’re creating the best global acropolis, in the way humans are meant to share ideas. Compare that to Meta, TikTok, etc and their abuses.
According to the brief, Meta was aware that millions of adult strangers were contacting minors on its sites; that its products exacerbated mental health issues in teens; and that content related to eating disorders, suicide, and child sexual abuse was frequently detected, yet
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Here comes the Enemy of leveraged finance - The Dollar Wrecking Ball All those “Doll hairs” spewed out into the global economy to front run the tariffs are coming home. Watch global money supply destruction and if you are interested in ways to play it I would direct you to fiat
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US government: we’ve reopened Bulls: liquidity is coming back! The market:
Credit Default Swaps are Soaring on Big AI Stocks $amzn $goog $intc $amd $crwv $orcl $smci full report here: https://t.co/eHvxftdq6c H/t: @GordonJohnson19
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🇺🇸 MOVE TO AUSTIN - BEFORE YOUR LANDLORD STARTS CHARGING FOR “NATURAL LIGHT” Welcome to Austin, where the yoga mats are eco-friendly, the brisket is religion, and the guy next to you in line for tacos might be a VC, a DJ, or both. If you’re still clinging to your rent-controlled
Move to Austin! It gets better very year. So many cool, world-class people are moving to Austin from SF, LA, NY, London and many other parts of the world! Austin++
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Look, idk what the cost of healthcare should be but it's WILD that the price >2x with insurance than without. What happens when enough people opt-out of trad insurance for cost-sharing community plans...seems like the trad system unravels.
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If Broadnax and the City Council cant find $6.3M more for EMS in a $6 BILLION budget, everyone should resign. Move it from the ridiculous homeless spending. #txlege
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Bill Gates’ recent memo on climate change has been doing the rounds, and everyone is kind of reading into it what they want to hear. His memo does not mean climate change is not a problem or that it’s fixed. In this very long post, I will explain its esoteric truth. Bill’s
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Triple levered bonds ( $TMF ) have out performed #bitcoin ( $TQQQ ) by 18.5% since 02/09/25. $bitcoin is unanchored from earnings, credit, or CB balance sheets. It trades almost entirely as a proxy for global dollar liquidity.
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