Metacritic Capital

Metacritic Capital explores various facets of finance and investment strategies, focusing on value investing, market analysis, and the impact of technology and AI on businesses and the economy. It includes critiques of current investment trends, economic growth theories, and deep dives into tech company strategies.

Investment Strategies Market Analysis Technology and AI in Business Economic Growth Theories Tech Company Strategies Value Investing

The hottest Substack posts of Metacritic Capital

And their main takeaways

In defense of melting ice cubes

13 implied HN points • 19 Sep 22
  1. Investing with a margin of safety allows room for error without needing to predict the future.
  2. Predicting the future broadens investment opportunities but can take a long time to be vindicated.
  3. Melting ice cube investing involves predicting that declining assets will lose value slower than expected, offering a different opportunity than traditional value investing.

Microintelligences or AIs talking to AIs in the cloud

2 HN points • 26 May 23
🕹 Technology AI Automation Software Cloud Artificial General Intelligence
  1. Microintelligences can perform tasks in open scopes that traditional APIs couldn't handle.
  2. Software is evolving to have systems communicate with each other through APIs, shifting from human-to-software interactions.
  3. Generative AI conversing in the cloud can help reduce randomness and create more predictable outcomes by leveraging architectures like Google's ReAct.

When first-order thinking is better

4 implied HN points • 03 Oct 22
  1. First-level thinking is simplistic and superficial, while second-level thinking is deep and complex.
  2. Simplify investing decisions by avoiding overcomplicating analysis and focusing on first-order thinking.
  3. Consider the importance of keeping it simple when evaluating complex narratives in investments.
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"Invert, always invert": why would the economy continue to grow?

2 implied HN points • 24 Nov 22
  1. In the past, economies experienced stagnation as the norm due to various limitations like wars and public health issues.
  2. Recent optimism has been driving economic growth, but it may not be sustainable in the long term.
  3. To understand why the economy might continue growing, consider factors like energy efficiency, automation, and connectivity for future possibilities.

Meta wants to disrupt the PC market

2 implied HN points • 12 Oct 22
  1. Meta wants to disrupt the PC market by focusing on virtual reality.
  2. Adoption of VR is growing, but engagement is the key indicator for success.
  3. Meta is strategically targeting the enterprise market, emphasizing the importance of avatars and partnering with Qualcomm.

How to build a search engine

1 HN point • 07 Dec 22
  1. Develop a breakthrough algorithm for high-quality results in search engine market.
  2. Optimize algorithm for a wide range of specialized queries and use cases.
  3. Keep an eye on potential breakthrough AI algorithms as a Google investor.

Metacritic digest #2 - Upgrading OpenAI to neutral

0 implied HN points • 16 Apr 23
🕹 Technology AI Software Semiconductors Social media Banking
  1. Foundational AI companies like OpenAI focus on creating and selling general models, akin to the semiconductor industry's approach.
  2. Understanding the importance of hurdle rates in financial investment can impact long-term stock performance.
  3. Managers need to set the example and show commitment to their teams for effective leadership, especially during times of crisis.