2025

“I don't know what the percentage drawdown from here will be, but I think when we look back, the absolute dollar drawdown of the mag seven will be in the trillions of dollars.”

“I think the companies that make high bandwidth memory, going back to, we're gonna run out of compute. It's actually a pretty shocking stat. High bandwidth memory is a bigger part of Nvidia's cogs on GPUs than Taiwan Semi is. And today there's two companies tha…”

“When we look back in 20 years, the year 20 25 is gonna be remembered as the year that the dam broke. It's gonna be akin to how the Telecommunications Act of 1996 unleashed the power of the Internet.”

“We've seen a 10.7% decrease in federal workers in 2025. Basically, the number's gone from 2.4 million to 2.15 million.”