Village idiot. Risk premia + trades with answers to "why me, why now". Tweets/opinions are someone else's financial advice.
Norway
- Tweets 12,892
- Following 748
- Followers 1,476
- Likes 15,454
Brazil ETF $EWZ took in $700m yesterday, biggest one day flow in the ETF’s 25yr history on the country’s potential shift to political center/right. Volume yesterday was a record too. The 12% one day gain was a top 10 day and huge outlier but not a record.
97
🇧🇷 Brazilian stocks up 14% today. 🇧🇷
Brazil was the world's 2nd cheapest stock market at the end of Q3.
The media assumes this is due to the election results, but really, when a stock market is trading at rock bottom valuations it's like a bunch of dry kindling just waiting for a spark. (The same is true for expensive markets and stocks; see NKE)
Often it's not even good news, rather just going from awful to less awful...
Quarterly valuation updates are being sent out to @TheIdeaFarm this week...
theideafarm.com
109
@poteto saving OAI subs wasn't on my bingo card
Over the next 28 days, each day we’ll either ship one thing that is a clear improvement and relevant for most codex/work users or ship a full reset. Let the improvements begin.
1
312
game theorising this, is it likely that
1) oai has enough ready / near ready "real improvements" to be close to meet the 28/28 target
or
2) tibo is willing to burn down we goodwill is left after dev day and infuriating more users by delivering shitty stuff and not giving resets?
1
105
Not sure if Sol 6.1 is draining limits slower due to it actually being more efficient or just due to it being so goddamn slow
1
4
556
Anon Risk Addict retweeted
i've started hating this reset bullshit so fucking much.
- so i have a reset coming on Sunday anyway, with about 30% left.
- they announce that the reset will happen on Friday @ 10 am.
- ok, i don't want to lose my 30%, so i spin up Astra and use it for some big refactoring work i was planning to do over the weekend.
- there's no reset @ 10 am because their compute power probably can't handle it right now, so they just go completely silent.
Global reset landing tomorrow 10am PST for all paid ChatGPT accounts. Apologies for the slow start with GPT-6.1 Sol, it's now back to running at expected speeds after the massive load spike in the first two days.
140
34
2,284
250,359
Should honestly get resets for all the tokens and resets wasted on shitty Sol / Luna 6.0 prior to dev day, 6.1 Sol actually seems reasonable from the ~2 hours i have been testing it so far
1
1
358
Good news is with $200 subs reopening again, there is no reason not to cancel and go elsewhere. You can always come back if they get their shit together.
Rest sucks, happy dev day
Hi,
Tomorrow we are re-opening the Pro $200 subscriptions to new subscribers, but together with it we are also changing how we calculate the usage for it. In effect, if you do the math, it will net out at half the dollar in API spend compared to the old Pro $200 plan.
Now that it's said, let me explain why this is happening and why you will still get more work done than if you were on the Pro $200 subscription one month ago.
(a) We didn't want to compromise in other ways and are committing to not reintroducing the 5h limit, so that you can fully use the weekly usage when you want.
(b) On the subscription, we guarantee that over time you always get more work done and with an increasing level of quality. This means that you will continue to get more value per dollar spent as a result of models getting more efficient and us passing down the improvements in the form of API price reductions.
(c) We don't want to put an incentive on ourselves to artificially inflate the API list prices to make it look like you are getting a lot (and workaround it through discounts, etc). Instead we want to continue to both rapidly reduce prices and increase capabilities of models on the API. This week we introduced GPT-6 Sol and GPT-6 Luna at 50% of their previous price. Over time, we see prices go low enough that it makes sense for most to buy usage as needed without there being a significant gap between what you get in a subscription and what you get in the API for a dollar spent.
(d) Tomorrow, we are adding more things to the subscription that won't draw on the usage, I won't reveal what that is yet.
I wanted to be transparent before all the big announcements tomorrow. Lots of new exciting things are coming to the subscriptions that will make it super compelling, but I wanted to make sure to share this change ahead of time so you can all understand it before we shower you with good news.
Codexingly,
Tibo
2
2
827
