1min snip

All-In with Chamath, Jason, Sacks & Friedberg cover image

Meta's scorched earth approach to AI, Tesla's future, TikTok bill, FTC bans noncompetes, wealth tax

All-In with Chamath, Jason, Sacks & Friedberg

NOTE

Differentiating between smart money and others in stock market

The dispersion in the stock market showcases the difference between 'smart money' and other investors, referred to as 'squares'. Meta's stock decline was due to negative reactions towards the misallocated spending on Nvidia instead of AI, specifically on inference where Nvidia is not as strong.

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