I’ve moved my S&P 500 investments to the Equal Weight index to reduce my exposure to AI. Quite aside from SpaceX, I think the large-cap tech companies are making some uncomfortably large bets on AI and any major upset could cause a domino effect.
But as so many ETFs have a significant stake in large-cap US tech stocks (the top 10 holdings of the iShares MSCI World ETF is entirely comprised US Big Tech, making up 20% of the value of the ETF), I found S&P 500 Equal Weight to be pretty attractive.
As for SpaceX itself? I feel the numbers involved all sound a bit unbelievable to me. I fear that there will be a rug-pull sometime post-IPO, and retail investors (and taxpayers, if the US Government ends up taking a stake, as they have recently indicated they might do for OpenAI) will inevitably be left holding the bag.
I definitely feel this. We're a far cry from the early days of Facebook where you could just post your thoughts and feelings and real people you'd know and care about would come and interact with you. Now all I see is posts from grifters and politics bots, and it's desperately hard to get my own stuff seen, even as an established account.
The thing about Hacker News is that it's a real fight for life to get any engagement. Just showing the humble project you're working on doesn't cut it. You need to time your submission just right and impress like you're doing a product launch, otherwise you get no visibility and no comments. Social media shouldn't have to be so exhausting and competitive.
I've learned a lot over 10 years as a software engineer and thought it was about time I had a place to write up all this hard-earned knowledge. So I created a docs site, for myself!
I gradually realised that, as a "personal" docs site, it needn't be limited to just software notes. I could write whatever I like on this thing. Why not recipes? Sheet music? Or language study notes? The MDX format makes it easy to express anything I want, the source and output are available from any device, and it all gets indexed for search, so it's quite compelling versus basic solutions like Apple Notes.
So over the last month, I've been filling it out with articles to show the full potential of such a resource. I feel like we could all find a use for a personal docs site!
Likely referring to that, yeah. And yes, the metadata is fine - but it’s a joke that I can’t find any Japanese books I own on my file system because Calibre’s author has renamed them to something that makes sense neither in Japanese, nor English, nor even Chinese.
It’s particularly dumb as it will have taken even more work on his part to map the characters to pīnyīn than it would’ve to just preserve the actual titles.
But as so many ETFs have a significant stake in large-cap US tech stocks (the top 10 holdings of the iShares MSCI World ETF is entirely comprised US Big Tech, making up 20% of the value of the ETF), I found S&P 500 Equal Weight to be pretty attractive.
As for SpaceX itself? I feel the numbers involved all sound a bit unbelievable to me. I fear that there will be a rug-pull sometime post-IPO, and retail investors (and taxpayers, if the US Government ends up taking a stake, as they have recently indicated they might do for OpenAI) will inevitably be left holding the bag.