Related posts
Michael Batnick
x.com
$4 Trillion is Not a Lot of Money Why Digital Assets Could Just be Getting Started
assets trillion
The the words it uses that this site has seen
least often elsewhere. Posts are matched on those words alone —
nothing here is a summary of this one.
Sources
All Writing x.com Korrents Mastodon Newsletter Blog Podcast GitHub Recommends
Top people
Chamath Palihapitiya
Balaji Srinivasan
Ramez Naam
Lyn Alden
Meb Faber
Barry Ritholtz
Aswath Damodaran
Adam Frank
Thomas Ptacek
Devine Lu Linvega
Ben Carlson
Jason Liu
Showing Profile →
Show everything
Hiding Show them again
Show them again
Further back ↓
Hiding Show them again
19 September
Author and clean-energy analyst who writes on solar cost curves.
The Population Singularity was expected to be November 13, 2026. Current population should be about 1.2 Trillion. The map was apparently not the territory. Quoting @DavidRBellamy ‘It is trivially obvious and mere straightforward extrapolation that Earth will have infinite humans on it by 13 Nov 2026’ The mechanism is clear: more people create more people. If you can’t grasp this, we will need to resort to media manipulation to save you from yourself. P(Doom by 2026) = 100%.… Related
18 September
Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.
First point: Bearer assets are important. Second point: How does Cory walk and do this. Quoting @CorySwan In 1933, the U.S. government forced Americans to surrender their gold. When Bitcoin becomes important enough, the easiest coins for the government to grab will be the enormous pools held by regulated custodians. That’s what Bitcoiners mean when we warn about a "6102 Attack," and it’s a major reason… Related
16 September
Security engineer; founder of Matasano Security and Latacora.
LLMs
Their words
you can't use a single word the LLM selects for you, even if it's better than your own; users detect LLM words in the parts per trillion.
Show the whole quote
@tqbf on X x.com
15 September
Artist and developer who makes esoteric software, games and tools aboard a sailboat as part of Hundred Rabbits with Rekka Bellum; creator of the Uxn virtual machine and the Orca livecoding environment.
I've been scratching my head trying to think how to package assets for my #lispGameJam project, I really REALLY wanted to be able to inline assets as raw hex code, like I normally do for uxn projects, not have to read binary files, so I added a special form with square brackets that lets me to just that! This is the first sprite(a little arrow) I was able to store in my source code. Related
12 September
Co-founder and chief investment officer of Cambria Investment Management. He has written several books on quantitative asset allocation, blogs at Meb Faber Research and hosts The Meb Faber Show.
11 September
Co-founder and chief investment officer of Cambria Investment Management. He has written several books on quantitative asset allocation, blogs at Meb Faber Research and hosts The Meb Faber Show.
𝗕𝗼𝗻𝗱𝘀 𝗯𝗲𝗮𝘁 𝗡𝗮𝗽𝗼𝗹𝗲𝗼𝗻, 𝘁𝗼𝗽𝗽𝗹𝗲𝗱 𝗮 𝗽𝗿𝗶𝗺𝗲 𝗺𝗶𝗻𝗶𝘀𝘁𝗲𝗿, 𝗮𝗻𝗱 𝗺𝗮𝗱𝗲 𝗧𝗿𝘂𝗺𝗽 𝗯𝗹𝗶𝗻𝗸. 𝗕𝗼𝗿𝗶𝗻𝗴 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲 𝗻𝗼𝘁. My guest today is Robin Wigglesworth (@RobinWigg), editor of @FTAlphaville and author of A Fabulous Debt, a thousand-year history of the market that sets the price of everything else. We get into: • An Austrian 100 year bond that lost 80%, while a defaulting Argentina paid off better • Why T-bills feel safe but can lose you 50%+ in real terms after inflation • Is private credit the next systemic blowup? • Why the $12 trillion repo mar… inflation Related
10 September
Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.
The top 10 stocks in the S&P 500 now make up ~40% of the index Every company in the top 10 has a market cap of $1 trillion or more 3 things: 1. This is a bull mkt phenomenon 2. Almost every other country is even more concentrated 3. The fundamentals back it up awealthofcommonsense.com
Related
9 September
Machine learning engineer and consultant focused on RAG and retrieval systems. He writes about applied AI engineering at jxnl.co and is the author of the instructor library.
There’s levels of building in public And this time it’s a trillion dollar company whose mission is to benefit all. Quoting @thsottiaux Demand for Astra is really unprecedented. We're pulling all the levers possible to sustain the demand, but I've not seen anything like it until now and we went through very steep growth before. Priority will always be to keep excellent service for existing users, but we might have to pause new Pro… Related
5 September
Economics professor at the University of California, Berkeley and a former Deputy Assistant Secretary of the US Treasury. Author of Slouching Towards Utopia and writer of the Grasping Reality newsletter.
The early money paid $75 billion for stakes in MuskWorld now marked at $1.57 trillion: 20x. But the cash flows to justify that do not exist. They are not on any horizon. So why? This is just plain weird. This is not NVIDIA, or TSMC, or Samsung, or ASML, or Apple, or any of the hyperscalers wth real cash flows: **Looking Askance Yet Again at MuskWorld: WEIRDNESS OF THE DAY** Musk torched one of his two profitable businesses and Starlink can’t carry anything like a $3 trillion valuation... 1/ Related
3 September
Writes The Diff, a newsletter on inflections in finance and tech read by hedge fund managers, founders and VCs. Previously worked in finance at SAC Capital/Point72.
Indian value investor who taught Behavioural Finance and Business Valuation as an adjunct professor at MDI Gurgaon. He writes the Fundoo Professor blog about investing, moats and mental models.
Apple's market cap was about $351–360 billion when Steve Jobs died. On September 1, 2026, Tim Cook's last day as CEO, it was $4.75 trillion. When Ballmer handed over to Satya Nadella in Feb 2014, Microsoft market cap was about $315B. It’s $3.7 trillion now. Similar outcome with Sam Walton and Wal-Mart. It went the other way with GE and Jack Welch. So, it cuts both ways, and I think the deciding factor is whether the underlying business quality, moat, and capital-allocation discipline survive the transition intact. Quoting @menakadoshi The events at HDFC Bank confirm two of my worst suspicions. One, celebrity founders and CEOs often leave behind a leadership vacuum. As the adage goes, nothing grows under a banyan tree. India is witnessing that more frequently as part of the great handover from post-liberalization leaders to the n… Related
Co-founder of Y Combinator and Viaweb; essayist at paulgraham.com.
startups
Their words
The answer to your question where the next giant company comes from is it comes from the right founders. Right? It's not some particular idea.
Show the whole quote
youtube.com
2 September
Co-founder, chairman and chief investment officer of Ritholtz Wealth Management. Hosts the Masters in Business podcast for Bloomberg and wrote How NOT to Invest.
30 August
Founder and CEO of Social Capital, a venture firm; co-host of the All-In podcast and an early Facebook executive. Writes an annual letter and a weekly newsletter on markets and technology.
26 August
General partner at Andreessen Horowitz and author of The Cold Start Problem. Previously led rider growth teams at Uber; has blogged on growth, network effects and marketplaces since 2007.
there’s daily active user, and there’s hourly active user every product with high-retention HAUs end up being worth a trillion dollars Related
24 August
Founding executive editor of Wired and author of What Technology Wants and The Inevitable. Writes at kk.org and runs its long-running recommendation projects, True Films and Cool Tools.
19 August
Co-founder and CTO of Linear; previously an engineer at Uber.
Linear Diffs now Diff Giffs. (as well as other visual assets). Quoting @Griveau We updated diffs in @linear. You can now preview images, SVGs, and GIFs, compare changes side by side, adjust opacity, and view sources. We’re still pushing to make diff reviews faster and nicer to use. Give it a try we’ve shipped a lot of improvements lately. Related
14 August
Founder and CEO of Social Capital, a venture firm; co-host of the All-In podcast and an early Facebook executive. Writes an annual letter and a weekly newsletter on markets and technology.
2 August
Founding member of OpenAI and former director of AI at Tesla; creator of nanoGPT and the term "vibe coding".
We're starting to leave the territory where you'd test an LLM by e.g. "create an svg of pelican on a bicycle". As one idea to generalize it, I was interested what Opus 5 would do if I gave it the first paragraph of the Lord of the Rings, a 1M token budget (~$10) and asked for three js render of it. Opus went off for ~2 hours and wrote 5500 lines of code that (procedurally) rendered the story. It's kind of janky but fun. But it's a bit mindboggling that the LLM has to place and orchestrate various polygon assets in (x,y,z) coordinates and write code that animates it all, and that it even does… LLMs Related
31 July
Founder and CEO of Social Capital, a venture firm; co-host of the All-In podcast and an early Facebook executive. Writes an annual letter and a weekly newsletter on markets and technology.
28 July
Founder and CEO of Boom Supersonic, the Denver company building the Overture supersonic airliner and its Symphony engine.
Their words
There are many many unsolved problems in the world, many great ideas hiding in plain sight that were actually solvable that could have been multi-billion or multi-t trillion dollar businesses a while ago, but nobody's building them and not for any reason other than nobody went and did it.
Show the whole quote
youtube.com
22 July
Scottish software developer on the Statamic core team; runs a one-person business maintaining Statamic addons such as Runway and writes at duncanmcclean.com.
You can now link to Runway models with Statamic's Link fieldtype, just like you can with entries and assets. 🔗 Related
12 July
General partner at Andreessen Horowitz from 2013 to 2018 and CTO of Coinbase from 2018 to 2019; co-founder of Counsyl and Earn.com. Wrote The Network State (2022), free in full at thenetworkstate.com, and founded the Network School.
5 July
Freelance web developer and instructor. Author of the Dive Into Docker course; writes tutorials on Docker, deployment and development environments at nickjanetakis.com.
It's sad to see trillion dollar AI companies end the careers of course creators. David has been making Python courses for 20 years and he just called it quits. https://t.co/09rHvd17i6 I've been doing it for 10 years and I'm at an impasse. Traffic is dead, I operate at a loss. Related
2 June
Founder and former CEO of Zynga, the social-games company behind FarmVille, Zynga Poker and Words with Friends; says he founded ten companies in all, and wrote Life at the Speed of Play.
Google
Their words
Well, I love these markets and they're all around us where we think they're mature and over and they haven't even started yet. And that was search before Google. You know, Google was the 56th search engine. It was a mature, slow growth business. Google made us reimagine what search could be in our lives and obviously turned it into a trillion dollar company value.
Show the whole quote
youtube.com
28 March
Founder of the toy manufacturer Viahart; writes about manufacturing, importing and why bringing production back to America is harder than it sounds.
It’s Time to Build… Assets? One of the main reasons for the decline in goods and services in the United States, and to a lesser extent, the world, is the financialization of our economies by excessive money printing. Let's break that down into sim…
America Related
23 March
Hosts the Lex Fridman Podcast — long, unhurried conversations with scientists, engineers and public figures. Several of the interviews quoted elsewhere on this site are episodes of it.
Co-founder of NVIDIA and, as of 2026, its chief executive; the company designs the GPUs most large AI models are trained on.
Their words
And then the rest of it, to me, is: is it possible for NVIDIA to be a, you know, $3 trillion revenue company in the near future? The answer is, of course, yes. And the reason for that is because it's not limited by any physical limits.
Show the whole quote
youtube.com
28 February
Systems and developer-tools engineer at Cloudflare as of 2026, on durable infrastructure for AI agents; worked on React and PartyKit before that. Writes at sunilpai.dev.
13 February
Co-founder and CEO of Anthropic; previously VP of research at OpenAI.
Their words
And if my if my revenue is not a trillion dollars, if it's even 800 billion, there's no force on Earth. There's there's no hedge on Earth that could stop me from going bankrupt if I if I buy that much compute.
Show the whole quote
youtube.com
19 January
Product designer and entrepreneur; author of Mobile First and Web Form Design; formerly a product director at Google; now building AI products.
7 December 2025
Writes about the biotech industry, drug development and forecasting — “I write to learn, mostly about biotech.”
1 December 2025
Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.
10 September 2025
President of the European Commission since 2019; previously Germany's defence minister.
Russia
Their words
This is Russia's war. And it is Russia that should pay. This is why we need to work urgently on a new solution to finance Ukraine's war effort on the basis of the immobilised Russian assets. With the cash balances associated to these Russian assets, we can provide Ukraine with a Reparations Loan.
Show the whole quote
enlargement.ec.europa.eu
8 August 2025
Programmer and writer known for detailed source code reviews of classic game engines, and author of the Game Engine Black Book series on Wolfenstein 3D and DOOM.
16 June 2025
Energy and decarbonisation analyst; publishes an annual chart deck on the state of the transition, and was chief content officer at BloombergNEF.
3 February 2025
Founder and chief analyst of SemiAnalysis; reports on semiconductor supply chains, AI datacentre economics and what the chip export controls actually do.
America
Their words
And so going back, can the US build it here? Yes, but it's going to take a ton of money. I truly think to revolutionize and completely in-source semiconductors would take a decade and a trillion dollars.
Show the whole quote
youtube.com
13 January 2025
Semiconductor analyst; writes Fabricated Knowledge on the chip industry and the companies in it.
22 December 2024
Astrophysicist at the University of Rochester; works on the search for life elsewhere and wrote The Little Book of Aliens and Light of the Stars.
From one piece
Adam Frank: Alien Civilizations and the Search for Extraterrestrial Life | Lex Fridman Podcast #455
2 beliefs, in the piece's order there
Their words
And so, what we found was basically that there have been 10 billion trillion habitable zone planets in the universe. And what that means is that those are 10 billion trillion experiments that have been run. And the only way that we're this whole process from a biogenesis to a civilization has occurred is if every one of those experiments failed.
Show the whole quote
youtube.com
Their words
In which case, those kinds of collisions are so rare that you would expect one in a trillion stars to have planets. Instead, every star in the night sky has planets.
Show the whole quote
youtube.com
7 August 2024
Egyptian front-end developer and course creator; writes for CSS-Tricks, publishes courses on Udemy and blogs at alialaa.dev.
Their words
This website is built with SvelteKit, hosted on Netlify and the code is hosted on GitHub. Amazon's S3 and CloudFront are used to host some assets.
Show the whole quote
alialaa.dev
25 July 2024
General partner at Andreessen Horowitz from 2013 to 2018 and CTO of Coinbase from 2018 to 2019; co-founder of Counsyl and Earn.com. Wrote The Network State (2022), free in full at thenetworkstate.com, and founded the Network School.
24 May 2024
Writer on the intersection of technology and finance. Author of the Bits about Money newsletter and host of the Complex Systems podcast; previously at Stripe.
29 March 2024
General partner at Andreessen Horowitz from 2013 to 2018 and CTO of Coinbase from 2018 to 2019; co-founder of Counsyl and Earn.com. Wrote The Network State (2022), free in full at thenetworkstate.com, and founded the Network School.
14 December 2023
Founder of Amazon in 1994 and of the space company Blue Origin in 2000.
solar energy
Their words
I would love to see a trillion humans living in the solar system. If we had a trillion humans, we would have, at any given time, 1,000 Mozarts and 1,000 Einsteins. That our solar system would be full of life and intelligence and energy.
Show the whole quote
youtube.com
28 May 2019
Co-founder, chairman and chief investment officer of Ritholtz Wealth Management. Hosts the Masters in Business podcast for Bloomberg and wrote How NOT to Invest.
Their words
Eric Schmidt, Jonathan Rosenberg and Alan Eagle, Trillion Dollar Coach: The Leadership Playbook of Silicon Valley’s Bill Campbell: I understood Bill Campbell was a behind-the-scenes guy in Silicon Valley, but I had no idea just how influential he was. Bill Gurley of Benchmark noted “I would argue that Bill has had a bigger impact on Silicon Valley than any other single person simply because his reach was so amazingly wide.” That’s a story I want to read.
Show the whole quote
ritholtz.com
13 November 2017
Author and clean-energy analyst who writes on solar cost curves.
Nothing matches. Show everything
A korrent is a belief a person has stated in their own words: one
sentence stating the claim, backed by a quote and a source, kept at
korrents.com .
Under a name here, the quoted block is what they actually said.
The korrent beneath it is the claim those words support, in
korrents' wording — tap it to see the record, its source, and who
else holds it.
Nobody here wrote their own korrents. They are compiled from public
statements, and a person can change their mind, which is recorded too.
Got it
About the English under a post
Some people here publish in a language other than English. Where they
do, this site shows a machine translation beneath the post, in
this typeface — the site's own, not theirs.
The post itself is never changed, moved or hidden: what is set in the
serif above is exactly what the person published, and it is what to
quote them on. A translation can be wrong in ways that matter,
especially about tone.
Only the post's own words are translated. A quoted post, a linked
article and a belief on korrents.com
are left in their original language.
Got it