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badlibrarian
13 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
13 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...
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hodgehog11
13 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.
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sgroppino
13 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.
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esafak
13 days ago
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"Mortimer ... we're back!"
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y1n0
13 days ago
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Sell! Sell! Get back in there and sell!
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