Dimitris Glezos
@glezos
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M&A at Palmares Advisors. Founder of Transifex. Rock climber, windsurfer, sailor, fine cook.
Greece
Joined February 2008
This is indeed devastating: an extremely detailed investigative journalism piece by mainstream Dutch newspaper De Volkskrant looked in minute details into 114 cases of young Palestinian children with single gunshot wounds to the head or chest. Their conclusion? That the
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Not sustainable.
Shocking stat of the day: The bottom 50% of US households now hold just 2.5% of total US wealth. History says rate cuts with stocks at record highs will lead to even more record highs 12 months from now. Asset owners will party and the wealth gap will widen. Especially as
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Mark my words, this week marks peak bubble. Oracle just went up $300B on what appears to be a non-binding deal with OpenAI. •OpenAI doesn’t have $300 billion dollars •They don’t have anywhere near $300 billion dollars •By their own (presumably optimistic) projection, they
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Google is on fire
Gemma 3n now available in the Play Store for on-device, internet free with speech, text and image input! Open local AI Assistants are coming to everyone! 🤯 - New on-device speech-to-text and speech-to-translated-text. - Process audio batch inference for clips up to 30 seconds.
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AI circle of money :: 1. $NVDA sells GPUs to $ORCL .. Oracle uses to power its data centers 2. Oracle builds cloud on those GPUs 3. Nvidia rents compute back via signed deals from Oracle Nvidia gets recurring revenue from hardware sales and cloud services without owning all
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Imagine going to a farmers market and seeing a merchant loudly buying their own produce to advertise to you how good it is.
JUST IN 🚨: U.S. Treasury just bought $2 Billion of its own debt, and has now bought back more than $10B over the last 4 weeks 🤯👀
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"Since the beginning of the year, money supply in US Dollars has jumped by +$10 trillion. World money supply has risen by a MASSIVE +$40 trillion since the 2020 pandemic." We will be in a highly inflationary world for many years to come.
BREAKING: Global broad money supply rose +9.3% YoY in July, to a record $140 trillion. This metric covers 169 countries and territories, representing 99% of global GDP. Since the beginning of the year, money supply in US Dollars has jumped by +$10 trillion. World money supply
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When Merriam-Webster tweets about your favorite comedy show
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Phenomenal idea.
This is a multi-billion dollar business Dusty robotics just invented a new tool that every single construction company will end up buying Just like a Roomba, it drives around, but it’s not cleaning, instead it’s printing the floor plan on to the slab. So simple, so powerful
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I don't have kids and this is exactly what I want my tax dollars going to.
I want every New York kid to have the fuel they need to succeed. Starting this school year, breakfast and lunch are free for all students.
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This is interesting: the French and German governments jointly appointed a group of leading economists from both countries (within the so-called "Franco-German Council of Economic Experts") to draft a series of 5 memos on how to revive the EU economy. Some of their
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Inflation through the roof for a few years
Treasury buybacks are accelerating: The US Treasury has bought back a record $138 billion in bonds YTD. This significantly surpasses the $79 billion repurchased during the entire 2024. This buyback program aims to boost liquidity and manage cash, as deficit spending continues
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The founder’s life: – Try something new – Get punched in the face (repeat) – Pivot from your “brilliant” idea that didn't work. – Lose sleep, feel alone – Count runway on one hand – Rebuild after teammates quit – Hear “no” 1,000 times – Keep going anyway
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One of my favorite comedians just joined SNL
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This is very true.
there’s a particular tech-adjacent solipsism where when they discover something it’s the first time it’s ever been discovered, and when they see something it’s the only way it’s ever been seen, and these tendencies occur in tandem
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🤣
Donald Trump was reportedly trapped inside the White House for 72 hours to win a @mrbeast challenge in order to pay back the country’s debt.
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It is possible to be ambitious and do great things at work *and* enjoy life in other ways such as spending time with good friends, cooking, and going rock climbing. In fact, I would say the latter is a key ingredient. Success is a marathon, not a sprint.
At 22, work–life balance doesn’t matter. The cost of low ambition isn’t obvious yet at that age, but your ambitious friends will drift away with better jobs, start companies etc. Slowly, your circle becomes all low-ambition people. Nobody pulls you up. No returns
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