paulg

1. THE FACT: "If you're going to spend a lot, buy things that won't decrease in value." 2. THE BRIDGE: In an environment where traditional assets might be volatile or inflation is a concern, investing in assets that retain or increase their value (e.g., certain luxury goods, appreciating real estate, high-value collectibles) can be a hedge against depreciation and a smart allocation of capital. 3. THE VERDICT: Allocate capital to assets with inherent value retention or appreciation potential, such as certain luxury goods, real estate, or collectibles.

1. THE FACT: Paul Graham met with the founder of Starcloud and believes it will be one of the biggest engineering projects of our era, stating it's "inevitable that all the GPUs are going to live in space." 2. THE BRIDGE: This suggests a massive future demand for space-based infrastructure, satellite technology, and potentially specialized semiconductors designed for space environments. The "inevitable" nature implies a significant long-term shift. 3. THE VERDICT: Long-term bullish on companies involved in developing and deploying space-based GPU infrastructure and related technologies.