Wednesday, January 1, 2025

Market Talk -- January 1, 2025

Locator: 44587MARKET.

Link here

Warren Buffett beat the market again. Warren Buffett's Berkshire Hathaway (BRK.B) just closed 2024 up 27.1% beating the S&P 500's return of +23.3%.

Link here

One hundred years in the market: the two best consecutive years since 1923 (needs to be fact-checked). But that string of five years 1995 - 1999 were also pretty good.

Link here.

Link here.


Link here.


2025 Is A Beautiful Number -- January 1, 2025

Locator: 44586ARCHIVES.

Jennifer Granholm, wiki: 

Granholm was born in Vancouver, British Columbia, to Shirley Alfreda (née Dowden) and Victor Ivar Granholm,[6] both bank tellers. Granholm's maternal grandparents came from Ireland and Newfoundland, respectively. Her paternal grandfather was Hugo "Anders" Granholm, who immigrated to Penny, British Columbia, Canada, in the late 1920s from Robertsfors, Sweden, where his father was the mayor.

The former Minister for Enterprise and Energy and former Deputy Prime Minister of Sweden, Maud Olofsson, lives in Robertsfors, and when the two met in Sweden, the media revealed that Olofsson's husband is a relative of Granholm. Her paternal grandmother was Judith Olivia Henriette (Solstad) Granholm, an emigrant from Gjerstad in southern Norway. She came with the ship SS Bergensfjord from Oslo to Halifax, and from there she took the railway to Penny, British Columbia, where her uncles and several others had established a small logging village.

 Granholm's family immigrated to California when she was four years old. She grew up in Anaheim, San Jose, and San Carlos. Granholm attended Ida Price Junior High and Del Mar High School before graduating from San Carlos High School in 1977 and won the Miss San Carlos beauty pageant. As a young adult, she attempted to launch a Hollywood acting career but abandoned her efforts at age 21. In 1978, she appeared on The Dating Game, and held jobs as a tour guide at Universal Studios and in customer service at the Los Angeles Times and was the first female tour guide at Marine World Africa USA in Redwood City, piloting boats with 25 tourists aboard. 

In 1980, at age 21, she became a naturalized U.S. citizen, and worked for John B. Anderson's campaign for president of the United States as an Independent in the 1980 election. She then enrolled at the University of California, Berkeley, the first person in her family to attend college. She was elected to Phi Beta Kappa and graduated in 1984 with a B.A. in political science and French.

During a year in France, she helped to smuggle clothes and medical supplies to Jewish people in the Soviet Union and became involved in the Anti-Apartheid Movement. She then earned a Juris Doctor degree at Harvard University, also with honors, in 1987. At Harvard Law School, Granholm served as editor-in-chief of the Harvard Civil Rights-Civil Liberties Law Review.

Link here.

Intel -- INTC -- First Posted December 11, 2024

Locator: 44586CHIPS.

Intel (INTC): BBB. Lowest credit rating the S&P Global Ratings hands out. The lowest rating. Borrowing costs will surge. Link here.

Intel (INTC): Beth.

Ticker:




More Tech Jargon -- XPUs -- January 1, 2025

Locator: 44586CHIPS.

Google xpu xpus

From google AI:


Link here.


"The dividing force behind the diverging narratives was artificial intelligence."

From the linked article:

The driving force behind the diverging narratives was artificial intelligence. Broadcom rode the AI train, while Intel largely missed it. The changing fortunes of the two chipmakers underscores the fleeting nature of leadership in the tech industry and how a few key decisions can result in hundreds of billions — or even trillions — of dollars in market cap shifts.

Broadcom develops custom chips for Google and other huge cloud companies. It also makes essential networking gear that large server clusters need to tie thousands of AI chips together. Within AI, Broadcom has largely been overshadowed by Nvidia, whose graphics processing units, or GPUs, power most of the large language models being developed at OpenAI, Microsoft, Google and Amazonand also enable the heftiest AI workloads.

Despite having a lower profile, Broadcom’s accelerator chips, which the company calls XPUs, have become a key piece of the AI ecosystem.

From Broadcom's website. Link here. Note the date, December 5, 2024:

Chips: tracked here.

Tech: tracked here.

Apple silicon: tracked here.

In Light Of Events In New Orleans Overnight, This Hardly Seems Coincidental -- Location, Timing -- January 1, 2025

Locator: 44585ARCHIVES.

Later

January 2, 2025: what's wrong with this graphic, from The New York Times?  One police car, and thus, probably one, maybe two policemen, and most likely DEI  recruits based on how they positioned their one squad car.

Original Post

More definitive than the FBI. Link here: https://x.com/search?q=%22New%20Orleans%22&src=trend_click&vertical=trends


 

 Not worth posting any more on this. X, at the above link, has it all.