Snapshots That Wow!

21st century ka badam, data center!

California Orchards Almond require 85x the water of all the data centers in the US combined. I guess more effective to store memory in data centers than eat badam to improve ‘yaad shakti’.

Source: The All in Pod

Bache ab nahi hai akal ke kacche!

Percentage of high-schoolers who have tasted alcohol in the US has dropped by almost half to 47%. Call it health conscious nature or lesser in person social interaction in era of smartphones, but something seems to be working in keeping kids away from alcohol.

Source: Family Studies

Baap Sher, toh beta sava sher!

“ANTHROPIC beats OpenAI in business adoption for the first time. per @tryramp data Today's update of Ramp AI Index shows 34.4% of businesses using Anthropic versus 32.3% using OpenAI. Adoption of Anthropic quadrupled over the last year, while OpenAI rose only 0.3%.”

Source: Ramp

Hum hindustani, hai sab pe bhari!

“Billionaire Michael Milken joked “if a US company replaces the US-born CEO with a CEO born in India, I buy the stock”

But he reveals he hasn’t backtested the idea. So we did.

In the last 15yrs, that would’ve 50x’d your money: 7.5x more $$ and >2x IRR vs S&P500: 30% vs 14%!”

Source: Deedy Das

London bridge is falling down

First it was London real estate Then the love affair for Dubai real estate.

Most Indians who bought properties outside India over last 10 years have not made any money.

Source: Ritesh Jain

Who will give margin funding to this margin funding now?

Margin funding as a percentage of GDP is now at a whopping 5% in the US. Ofcourse market cap to GDP ratio has also kept pace and risen, but...

Source: FINRA