Dont fight the Fed
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$Microsoft (MSFT.US)$ Watching Andrej Karpathy presentation from today and taking twitter notes, come along for the ride:
Andrej Karpathy starts with stages:
1 - Pre-training - months x thousands of GPUs
2, 3, 4 - Finetuning stages that take hours or days
Before pre-training happens, there are 2 preparation steps.
Data collection - Get tons of data from different sources (here Andrej LLaMa mixture)
Tokenization - a lossless translations between pieces of ...
Andrej Karpathy starts with stages:
1 - Pre-training - months x thousands of GPUs
2, 3, 4 - Finetuning stages that take hours or days
Before pre-training happens, there are 2 preparation steps.
Data collection - Get tons of data from different sources (here Andrej LLaMa mixture)
Tokenization - a lossless translations between pieces of ...
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Dont fight the Fed
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Dont fight the Fed
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$Altimeter Growth Corp (AGC.US)$ Never going to touch this stock that is way overpriced to bailout Grab who is using investor’s $ to pay Uber.
Grab as a digital business if cannot make $ during Covid (when all other digital brands grew XXX%), it will never be profitable. All Grab does is copy other trailblazer brands like AliPay, Uber, Foodpanda & others. Even its so called ‘SuperApp’ goal is copying ANT & TenCent (however unlike the Chinese SuperApos which operated in 1 huge single PRC market; Grab’s SEA market is fragmented across 9 countries, difficult to scale). Worse, in Grab’s biggest market Indonesia, GoTo is the #1.
Better to invest my $ elsewhere, in companies that innovate & able to scale.
Grab as a digital business if cannot make $ during Covid (when all other digital brands grew XXX%), it will never be profitable. All Grab does is copy other trailblazer brands like AliPay, Uber, Foodpanda & others. Even its so called ‘SuperApp’ goal is copying ANT & TenCent (however unlike the Chinese SuperApos which operated in 1 huge single PRC market; Grab’s SEA market is fragmented across 9 countries, difficult to scale). Worse, in Grab’s biggest market Indonesia, GoTo is the #1.
Better to invest my $ elsewhere, in companies that innovate & able to scale.
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Dont fight the Fed
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Thanks $Futu Holdings Ltd (FUTU.US)$ MooMoo for coming out with new merchandise rewards.![]()
Hopefully, we can also see the bunny and the life-sized elephant as mention in here.
Also, there is an Elephant event 'Gold Coin Madness!' happening right now, and end on 8 December 2021.
Once again, thank you $Futu Holdings Ltd (FUTU.US)$ MooMoo.![]()
![]()
Thanks $Futu Holdings Ltd (FUTU.US)$ MooMoo for coming out with new merchandise rewards.
Hopefully, we can also see the bunny and the life-sized elephant as mention in here.
Also, there is an Elephant event 'Gold Coin Madness!' happening right now, and end on 8 December 2021.
Once again, thank you $Futu Holdings Ltd (FUTU.US)$ MooMoo.
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$Futu Holdings Ltd (FUTU.US)$
"Financial licenses have national boundaries," Sun said. "Overseas institutions with only overseas licenses conducting business in mainland China is illegal financial activity."
The transcript of Sun's speech was released on the website of the Finance 40 Forum, which organised the summit.
https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406?clientlang=1
"Financial licenses have national boundaries," Sun said. "Overseas institutions with only overseas licenses conducting business in mainland China is illegal financial activity."
The transcript of Sun's speech was released on the website of the Finance 40 Forum, which organised the summit.
https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406?clientlang=1
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