#68 Poor Charlie's Almanac
And a somewhat poor AI launch
Learnings from Charlie Munger
Last week we shared the news of legendary investor Charle Munger’s passing. This week we are fortunate enough to have come across a revised version of his 2005 book - Poor Charlie’s Almanac - that captures some of his lessons from investing. You can read it / hear it here for free, or pre-order the hardcover here.
The book was launched by payment startup Stripe. You can listen to a chat between co-founder John Collison and Mr Munger before his passing.
P.S did you know Stripe's mission is to "increase the GDP of the internet"? Another hat tip: Its aiming to process over $1 trillion worth of payments in 2023 😱.Listen to the conversation here.
Google finally launches rival to ChatGPT
Google launched Gemini - a multimodal AI model - that it claims performs better than Open AI’s GPT 4. It’s launch video that seemed super advanced turned out to be a slightly ‘edited’ version 🥴. Nevertheless you can check it out here.
Wait, what is..
GDP: Gross Domestic Product is the total Revenue generated by ALL goods and services sold in a country. Can you guess the World’s GDP in 2023? Geek out here to find the answer.
Multimodal AI: An AI system that combines text, images, audio and other input parameters in its training data. Remember Large Language Models that predict the next word? And generative AI for images and video? Well think of multimodal as an all-in-one of them all.
Pro Tip: The magic of learning is in curiosity. Don’t shy away from clicking those hyperlinked texts to read and learn more. We mostly hyperlink to text we have read ourselves to make sure it is safe, but please be aware that comments and ads shown on these pages are beyond our control. We recommend using a kids friendly browser to view the links. Please read all Disclaimers.
Take care. See you soon. We’re glad to be back. 🙏