Guys, forget NVDA, all hail the new king!
(Source)
(but also:
(Source)
)
And does not look bad ytd / 1 yr.
I so much hate this company though.
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Itâs one I looked at but couldnât bring myself to buy.
Yeah, same.
I hate them for buying Sun Microsystems and essentially sunlighting Solaris.
I also hate them for acquiring MySQL and squandering it.
I also dislike them for having kcurated Thomas Kurian who joined Google as the Cloud CEO when I was still with Hoolie. Thomas (at Oracle) would reportedly park his car in a handicapped parking spot. When driving into the parking lot, he would sometimes tailgate and honk at other employees who slowed down to go over a speed bump.
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You know. In retrospect, being such assholes, I should have invested in them. You know such ruthless douche-bags are going to get ahead no matter what.
One
Rich
Asshole
Called
Larry
Ellison
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Some eventually fail.
But a douche-bags-CEO-companies index/ETF would totally make sense. easy / low-cost to manage the constituents.
Edit: I asked ChatGPT, it basically lists all big tech companies.
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You forgot buying Java and then trying to fuck over Google/Android over using 37 Java APIs.
Not re-licensing ZFS pisses me off too.
The must be a whole heap of other stuff I forgot about.
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Iâm about as bullish as it gets on the expected economic value of AI investments, but there is no world where valuing Oracle as a trillion dollar company just based on OpenAI spending projections six years out makes any sense.
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Lucky I donât have that problem⊠they all are too expensive for me. Or, in other words, I did not catch them on time with one exception: Supermicro. Bought at split-adjusted $4.32 back in 2022 when they were valued as âjust another hardware screwdriver driverâ. Then I bought some more the same year at $6.42, still cheap after a 50% price appreciation.
Big volatility due to some (not confirmed) bookkeeping falsifications. Of course my method made me cash out already many multiples of my investments, but at the moment I probably would buy some more, they are not very expensive fundamentally. But I do what my captân tells me to⊠and this is to just hold on to my investment.
Where do you think Oracle is going to get their chips from?
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Intel?
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If only they had an AI product before 2027. AMD seems to be an actual second source supplier of AI accelerators, but Iâd guess the most is Nvidia again.
Intel bought Habana labs in 2019 and went on to destroy their promising line-up of AI accelerators. They actually bought and destroyed several AI hardware companies before ChatGPT was released.
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The Wall Street Journal has a nice article on this.
Excerpt (highlighting mine):
The OpenAI and Oracle contract, which starts in 2027, is a risky gamble for both companies. OpenAI is a money-losing startup that disclosed in June it was generating roughly $10 billion in annual revenueâless than one-fifth of the $60 billion it will have to pay on average every year. Oracle is concentrating a large chunk of its future revenue on one customerâand will likely have to take on debt to buy the AI chips needed to power the data centers.
Guys, I was being sarcastic. 
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Great, this gives us a nice run of hype to 2028 then! /s? I am not sure myself!
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I think weâre pretty close to the peak now. Next stop: trough of dillusionment.
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Mad PowerPoint Skillz at play (ok I donât have a lot urgent to do at work and on holiday next week so brain is switched off)
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like on a techno party⊠waiting for the drop! 
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