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badlibrarian
33 days ago
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Sam Altman’s DRAM Deal
I'm reminded of the 1983 deal to corner the market on Frozen Concentrated Orange Juice.
UncleOxidant
33 days ago
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Or the Hunt brothers and silver which was just a few years before that.
How'd that turn out?
https://en.wikipedia.org/wiki/Silver_Thursday#:~:text=On%20J...
hodgehog11
33 days ago
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That's a great comparison. The consequences are pretty universal too. History implies this won't end well for OpenAI.
sgroppino
33 days ago
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I remember it didn’t work out well for Randolph and Mortimer. Sam may pull it out, though, if he just sells the DRAM now while the market is still hot.
esafak
33 days ago
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"Mortimer ... we're back!"
y1n0
33 days ago
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Sell! Sell! Get back in there and sell!
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