Does It Matter if You Predict the Future?

Does it matter if you predict the future? It seems that the holy grail is that we desire to predict the future for the sake of some sort of financial gain. For example, I recall the time in which I was watching Back to the Future, and Marty McFly goes back to the past to predict the future and become super rich. But for the sake of what?

What if you could be 100% right?

So it seems that to some extent… We can easily predict the future. There are certain straightforward macro trends, which seem pretty obvious to me.

For example… It seems that post Covid… Everything is different. Everything is brand new, everything is a totally brave New World.

The other day I was watching a bit of an interview with Mark Beinoff, the CEO and founder of salesforce with the founder and CEO of Nvidia.  it was really funny, obviously now with the valuation of $2 trillion, Nvidia is the big dick in the room. 

Jensen Huang

Anthony, the new big AI dick in the room. It’s really funny when I was watching that interview conversation between him and Mark… Obviously Jensen is way smaller and shorter than Mark, and also appears to be older. But Mark is really really big tall and very very fat… Like I was shocked, Mark wearing all black, like a satin sparkly shirt, HUUUGE beer belly.  as a random aside, pretty bad but I guess I am a very judgmental person, seeing Mark so fat, and so out of shape… Makes me see him as less, because if you’re that rich and successful and powerful, and you’re that fat, and out of shape… It  might be a sign of moral degeneracy.

Anyways in the conversation, Jensen looks super gangsta, so full of pride and strength and vigor.  And also… You could see that Jensen was the new big dick in the room. Despite his smaller statue in size, and also his age… Jensen is now 61 years old, but he says he’s just getting started, he is still young.

Anyways, one thing that is interesting to me about Nvidia is how they have been around since I was a kid. I still remember when I was playing kind of 1.6, building my own computers, the goal was to have the top-of-the-line GeForce graphics card, I remember my rich friend Justin Wong,  he had it… And he was able to max out his frame rates, whereas I, with my hand built my own computer… I had a lower end graphics card a lower and GeForce, I was not able to squeeze out as many FPS as you did. And the thing that was actually very very unfair when it came to video games was he who had more frame rates, actually had a real tactical advantage. If you had faster frame rates, you could play better, because having a small edge in terms of a faster frame rate allow you to react quicker, and be able to spot the counter parties quicker, not be subjected to lag, in order to be more lethal. 

Real advantages vs fake advantages? 

It seems in today’s world, everyone is always trying to seek an edge. We want a little bit better information more information quicker information etc., in order to predict the future.

Why? The general idea is that if you could predict the future, then, you could make a lot of money.

What am I? 

For example, there are a lot of different categories you could  classify yourself as… Trader, day trader,  investor, speculator, etc. and some new terminology I got from Michael Saylor,  like Maxi, double maxi, triple maxi — maxi meaning Maximalist. 

For a while, when people ask me what I did… I would just say bitcoin and cryptocurrency speculator.  I like to use the notion speculator because everyone sees bitcoin and cryptocurrency with a suspicious eye… And by saying that I was a speculator, it was made more legible to the average person because it’s signal to them that in fact even I was skeptical of the whole thing, speculative, but at least the difference was I was 100% invested in bitcoin, all in, balls to the wall.

Also, I put some traditional money into microstrategy, – which has fortunately gone up since I bought it! And so now, maybe I just think of myself like a money manager, because I am managing the money and finances of the family, my money, Cindy‘s money, our own personal family war chest, and also my mom‘s money. Cindy is 100% full-time focused on her scholarship and academia, and because I have the privilege of being self-employed, my new focus in my current focus is towards money management and growth. Maybe I should think of myself like my own hedge fund manager, ERIC KIM hedge, ERIC KIM hedge fund.

Investing strategies 

Currently the two and only sexy companies on the traditional markets include microstrategy and nvidia. Michael Saylor is great, I’ve literally watched hundreds of hours of interviews with him, the more I watch him and learn from him the more I like him.

Jensen Huang is also very intelligent… also, he’s been in the game for over 30 years, he’s legit. 

But besides this, besides micro strategy and Nvidia… All the other ones suck. We accidentally had some Apple stock in our portfolio and I immediately sold it. I also sold Google. 

Problems:

  1. Are you certain that the iPhone 55 Pro will be any good? Probably not. I like the new iOS, but still… It’s starting to become more and more weird like kind of a water down android. And also the new iPhone just came out the new iPhone Pro, and nobody wants it. Bad news.
  2. Google is just moving sideways, I think it’s good that Sundar is all in for AI, but I think the big issue is that Google is dealing with a huge problem about information, notably the veracity of information. I am still shocked… Gmail with all the advanced AI features, why does Gmail still not know or why can it still not spot a Nigerian scammer? Shouldn’t be able to intelligently filter out Nigerian scammers from a random Gmail account asking you for money?

The future?

For a minute, with my Roth IRA,  I went all in on Tesla. But more recently I sold all of it and just bought micro strategy instead. Why?

This issue with Tesla, is it is still too dependent on physics. You have to deal with the physics of producing batteries cars and factories, and shipping them to customers. And also, the laws of physics are brutal… Even though cyber truck is the best thing invented of all time, This issue was there so many physics issues at play.

First, physics is very hard. To create a new process in which you are called rolling steel… I don’t think people understand or appreciate how difficult this is in terms of material sciences. And to produce cyber trucks fast enough, even if you injected Tesla with another hundred trillion dollars, the progress would be slow. Why? It is just very hard! And you have to create new robots and infrastructure and supply chains to make it possible. Just think, do you remember during Covid when it was so difficult to get weightlifting equipment? Imagine like that but on steroids.


Never buy a home

What if you were in a position in which you never desired to own a home? To buy a home or manage it?

Funny in the Iliad, … when Achilles is taunting Aenaes, he mentioned the issue that even if Aenaes kills Achilles, and is granted all of this wealth in terms of house home property… That Aenaes would not be able to even manage it. Even if he won it.

I cannot fix the hinge

Another super insanely annoying thing at my apartment which is super super nice, the issue is that beneath our kitchen sink, in which we store our instant pot, the hook latch hinge thing has broken off a bit, so every time I close it, I have to force wedge it up, to just close it. And it is so insanely annoying to me, every single time I do it. I have tried to fix it several times, but have given up in vain. Maybe I should just get rid of the covering, but then again that is ugly.

So a thought and a reminder to myself,… if it has been almost a year and have not been able to fix this super tiny hinge in my apartment, it is probably a signal that I am not fit for home management. Even the other day, walking by this new Orama minimal frames business,  and seeing this really really nice picture of this super nice home, overlooking a cliff or whatever in all glass, with these huge floors, I thought to myself:

Who is going to vacuum this?

Probably the best recent investment Cindy and I made was buying a brand new Dyson vacuum, for about 500 bucks, which actually has an on and off button, and this hardwood floor attachment thing which has this laser green LED light, which helps me spot dust on our hardwood bamboo floors, which makes it very easy to clean up!

And every single day, I vacuum the floors of our entire apartment, which is actually pretty modest in size,  and still… I am shocked that every single day, just literally in 24 hours, so much dust can settle on the floors? And I was thinking… Assuming that I do all the labor myself, just cleaning the floors, vacuuming the floors is so difficult for just a two bedroom one bath apartment, I cannot imagine the nightmare of having to managing clean a huge home or property? alone if you’re washer and dryer breaks, figure out how to deal with that and annoying day laborers and day contractors? 

#rentforever squad

What does assume that you are Elon Musk, actually, you would probably not want to own any property to yourself, because you’re too busy building rocket ships and going to Mars, you don’t want to deal with the annoyance of having to just maintain your property.

Well a lot of fools don’t understand is they say, oh “if you’re super rich, then you could just have maids and house managers do all the dirty work for you“. But actually, this is not true. The prime issue here is that even if you have a home manager and a house cleaner… Do you still need to manage your manager! And this is more labor and annoyance for you.

Even spending some time living in Vietnam and Cambodia, actually, the funny truth is to just clean your place yourself is actually far easier than having someone else do it for you. Why? The big issue here is that you’re essentially sitting on your butt twiddling your thumbs  until the day that your cleaner finally comes in. And not only that, the annoyance is that you have to evacuate and vacate your premises while they are cleaning, not to get in your way. That is super annoying because it adds a little bit more friction and complication to your life, having to just plan your life around your cleaner.

When we are living in Hanoi and we had Trang, who was essentially almost a live-in cleaner, who did all of her laundry and folded it for us, and even washed the dishes, the annoyance was she insisted that we didn’t do the dishes, and that she would do it for us, but after we would cook and the dishes were just to lie all greasy in the sink, I just thought to myself “this is unsightly, I would just prefer to clean it up myself!”

Anyways, the simplest life is best. The great virtues and simplicity of just renting a modestly sized apartment, and just cleaning yourself. 


More luxury, more headaches

True luxury should be simplicity. Not more labor!