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4b8l5wdvpnijhcm
1 day ago
Melissa Gilbert has penned an essay encouraging better mental health protection and safety for child performers.
Follow the deaths of child stars Hayden Panettiere, Daveigh Chase and Michelle Trachtenberg, the Little House on the Prairie star demanded that child actors access better support as they transition into young adults.
"I did not know Hayden personally and only worked briefly with Mishy and Daveigh. It feels personal because I was them," Gilbert wrote in the new Substack essay. She also listed other female child actors including Drew Barrymore, Jodie Foster and the Fanning sisters.
"We are all members of the same tribe; Female Former Child Performers, and when one of us dies, it runs through all of us like an electrical current," Gilbert added "When three of us die so close together, something is very, very wrong."
Gilbert wrote that she felt like the trend of the entertainment industry exploiting children before discarding them is "getting worse" and that she herself was "nearly worked to death a few times."

#hayden #performers #essay
87fix
1 day ago
Melissa Gilbert mourned the deaths of former child stars Hayden Panettiere, Daveigh Chase, and Michelle Trachtenberg: "Tragically, heartbreakingly, agonizingly too soon."
The actress partially blames smartphones for the hostile environment facing young celebrities: "Now everyone is a paparazzo. There is no privacy."
She argued that Hollywood should "establish accessible free mental health support for all child actors as they transition into young adulthood."
Melissa Gilbert is calling for systemic change after the death of Hayden Panettiere.
The Little House on the Prairie alum penned a Substack essay reflecting on the Heroes star's tragic death at 36, along with other former child stars who have died within the last 18 months.

#gilbert #panettiere #daveigh
fsmnw_ok
6 days ago
Baseball pitching great Tommy John died at his Florida home on Saturday night. He was 83.
Unfortunately for many, remembering his game takes a backseat to the fact that his name is commonly ***** ociated with one of the sport's most common surgeries.
The four-time MLB All-Star with a career ERA of just 3.34 was 31 in 1974 when he tore the ulnar collateral ligament in his left elbow. Los Angeles Dodgers team physician Dr. Frank Jobe replaced the ligament with a tendon from the forearm in his non-pitching arm.
Long story short, he pitched for 14 more years and his name — is ***** ociated with the procedure — Tommy John surgery — now so widely ***** ociated with baseball that it churned up numbers like the ones Albuquerque Isotopes broadcaster and baseball journalist/historian Josh Suchon shared on his Substack page on Monday.
In the essay Suchon wrote — "When did people start calling it Tommy John surgery?" — he noted a rather interesting, albeit unplanned, tribute of sorts to John by the Isotopes in their game Sunday, the day his passing was announced.

#game
run25
7 days ago
Masashi Nakamura grew up in ***** an, dreaming of an international career.
After studying and working abroad, a chance encounter with Wagyu cattle led him back.
He traded IT for farming, earning less but finding more purpose rebuilding his grandfather's farm.
This as-told-to essay is based on a conversation with Masashi Nakamura, 29, who is running Nakamura Farm, a small Wagyu farm in Kagoshima Prefecture, ***** an. His words have been edited for length and clarity.
I was working at a meat processing facility in Tasmania when my interest in Wagyu began. It was 2024, and I had just moved from Vancouver after my plans to study web development fell through.

#farm #Japan #tasmania
nejezakec
13 days ago
Just like her tough girl persona in "Grease," Stockard Channing can take care of herself.
In a new essay for The Sunday Times, the Oscar-nominated actress, who played rebellious party girl Rizzo in the iconic movie musical, opened up about her isolated lifestyle following the death of her longtime partner Daniel Gillham.
Channing, 82, was previously married to wood sculptor and venture capitalist Walter Channing Jr. (1963-1967), translator and poet Paul Schmidt (1970-1976), writer David Debin (1976-1980) and businessman David Rawle (1980-1988).
Two years after her divorce from Rawle, the actress began dating Gillham, a cinematographer. The pair were in a relationship from 1990 until Gillham's death in 2014.
"Since just before COVID, I've been living in London," Channing wrote. "My partner, Daniel, died in 2014 and it was more devastating than I realized; it had a lag effect. The pattern of my life shifted, so I shifted my life from Maine."

#rawle #girl
FLAtruN
13 days ago
They may shine on the red carpet now, but many of today's most iconic stars came from remarkably humble beginnings. These celebrities overcame adversity and economic hardship on their path to the top, proving that talent and determination can break through any barrier.
MBS / MEGA
Cardi B transformed her upbringing in the Bronx into chart-topping success, never shying away from talking about how her struggles shaped her tenacious ambition. Before she was a global star, she worked as a cashier at an organic grocery store called Amish Market at age 18. After she was fired, her coworker suggested she try out at a nearby exotic dance club, a job that helped set her on the path to a music career, as reported by Page Six. Today, Cardi uses her platform to inspire and empower women everywhere.
Jaxon / MEGA
Hilary Swank grew up in a trailer park, she wrote in an essay in the Wall Street Journal, before moving with her single mother to Los Angeles, where they lived in her mother's Oldsmobile Cutlass Supreme. Swank's dedication paid off as she went on to become a two-time Oscar winner thanks to her roles in 1999's Boys Don't Cry and 2004's Million Dollar Baby.

#hilary
rocket
14 days ago
WASHINGTON (AP) — When George W. Bush wrote an essay this year about another president named George, he avoided mentioning the one named Donald.
So did Barack Obama and Bill Clinton. The three ex-presidents joined a roster of historians and authors in contributing to the In Pursuit project, a 250th-anniversary series that had each writer produce an essay about a president or first lady.
Though the project was explicitly designed to transcend today's politics, some of its essays nevertheless reflect anxieties that are flaring in the era of President Donald Trump over the use of power, the health of the democracy and the integrity of the presidency.
The project is being curated by Colleen Shogan, the U.S. archivist who was fired without explanation by Trump last year. She instructed contributors not to be partisan or ideological. "Everybody took those instructions and that guidance very seriously," she told The ****** ociated Press. The goal was for all Americans to "feel welcome to be able to read these lessons and essays and learn something from them."
The mission, Shogan said, "is to surface the lessons from the past 250 years of American history, so that we can learn from those lessons, from both our successes and our failures, so we can plan for the present and the future. It's what has been described as debriefing the American story."

#donald #Trump #year
73tunnel
14 days ago
This as-told-to essay is based on a conversation with Thomas Flohr, the 65-year-old founder, chairman, and CEO of VistaJet, based in St. Moritz, Switzerland, about his daily routine. It's been edited for length and clarity.
I started my career at a Chicago-based technology firm in 1985 and rose through the ranks. I later acquired most of the company's European operations through my company, Comprendium Investment.
My frequent business travel in the early 2000s exposed me to the shortcomings of private aviation. At the time, I found the private jet experience to be inconsistent and underwhelming. The service quality didn't match the level of luxury that clients paying $10,000 to $15,000 an hour expected. I didn't see a good solution in the market and initially thought about paying for fractional jet ownership before deciding against it.
Business Insider's Power Hours series gives readers an inside look at how powerful leaders in business structure their workday. Reach out to editor Lauryn Haas to share your daily routine.
After exploring all other options, I bought a Learjet 60 in 2003, and that plane became the foundation for starting VistaJet in 2004. Vista is a private aviation subscription service that provides access to over 270 customized business jets for clients in 187 countries.

#vistajet #routine
rustyovfm
15 days ago
Lauren Graham has been known to play an advice-giving single mom on-screen, but her thought-provoking insights extend to her personal life, too. The actor was born in Honolulu, Hawaii on March 16, 1967, growing up in Virginia with her single father. She earned a degree in English Literature from Barnard College in 1988 before earning a MFA in acting from Southern Methodist University.
While she appeared in small television roles throughout the '90s, Graham is best known for portraying Lorelai Gilmore in the beloved series "Gilmore Girls," earning a Golden Globes nomination for Best Performance by an Actress in a Television Series in 2002. She also played Sarah Braverman in "Parenthood," co-starring alongside Dax Shepard and Peter Krause. Otherwise, you might recognize the celeb from projects such as "Because I Said So" and "Evan Almighty."
In addition to expanding her career into the realm of production, Graham is also a published author. She made her debut with the novel "Someday, Someday, Maybe" in 2013, while she's also published several memoirs and essay collections filled with humor and heart. With all this in mind, it's not surprising that words from the star has managed to become a quote worth remembering.
Read more: 22 Celebrities Who Are Unapologetically Childless By Choice (And We Love Them For It)
Static Media

#gilmore #best #series #known
predbci
19 days ago
Mike Macdonald's success as Seattle Seahawks head coach is usually attributed to the sweeping overhauls he's made to their defensive scheme and the top-end talent they've acquired. The way he emphasizes the seemingly smaller details among the lesser-known players is the most revealing piece about their culture.
Check out this tidbit Hawk Blogger shared on X from Saturday's public training camp practice.
Macdonald knows these players have everything to gain and nothing to lose by signing autographs. Some fan favorites become such through their off-field interactions just as much as their on-field contributions. More importantly, though, he instills his beliefs in his team through his actions. Players enjoy the clear and consistent communication. They grade it well in the NFLPA Report Card yearly. They'd rather be actively coached in the small details than given more leeway.
This action from Macdonald embodies one saying you'll hear at any football team's practice. The "weakest link" idiom, which is commonly attributed to Scottish philosopher Thomas Reid's 1769 work Essays on the Intellectual Powers of Man, is used in football to say "a team is only as strong as its weakest link." Macdonald takes that to heart when referring to the roster as "The 70" to include the practice squad. He calls the lineup "12 as one" to emphasize the sport as the ultimate team game.
This article originally appeared on Seahawks Wire: Seattle Seahawks HC Mike Macdonald elaborates on team culture

#Seattle #culture
comet
21 days ago
Seth Wickersham is living his dream.
He wanted to be a long-form sports feature writer, and he has achieved that goal at the highest level. He has been with The Worldwide Leader in Sports for 26 years, since he began his career at ESPN The Magazine. Although the magazine went defunct in 2019, Wickersham has remained one of the most respected journalists in sports.
The ESPN senior writer and New York Times bestseller has a new book: Be on That Hill: Stories from the Summits of Sport. It's a collection of his work, featuring 26 essays that will be released on Sept. 15 and is available for preorder now. We recently caught up with Wickersham to discuss his book and career.
Note: This interview has been edited and condensed for length and clarity.
Why should someone buy your book?

#sports
pijaljggfpamh
22 days ago
A finance employee at the global design firm Arup transferred $25.6 million in a deepfake fraud after joining a video call with synthetic versions of senior executives. The faces looked real. The voices sounded real. The instructions were false.
That was not an isolated warning. Starbucks quietly retired an AI inventory system only nine months after deployment after baristas reported that it miscounted products and slowed their work. Deloitte's Australian member firm agreed to partially refund the government for a $290,000 AI-assisted report that included nonexistent academic sources and a fabricated court quotation. Different industries. Different technologies. The same failure: people could not trust the output, the identity, or the system.
Trust is becoming a form of economic infrastructure. Companies that cannot engineer it will move slower, spend more, and lose markets. When trust is strong, capital moves, partnerships form, and companies scale. When it breaks, transactions slow, compliance and insurance costs rise, and leaders retreat from risk.
Trust is not blind faith. It is earned confidence that facts are real, identities are authentic, systems are secure, contracts will be honored, and someone will be accountable when things go wrong. In business terms, trust reduces friction. In strategic terms, it creates speed.
As America marks its 250th anniversary, we should remember that trust was not a side note to the founding. It was the bet. In my first three essays in this Freedom & Enterprise series, I described the Declaration of Independence as America's first founding bet, the system it created as one that let people build free, and the freedom to fail as one of our greatest competitive advantages. Beneath all three is a more fundamental principle: America trusted free people to govern themselves, take risks, honor commitments, and build institutions strong enough to survive disagreement.

#trust #different #America #freedom
NsAWLZzS5ouN1jI
1 month ago
The Trump administration has accused UC San Diego's medical school of illegally discriminating against White and Asian applicants in favor of admitting less qualified Black and Hispanic students, putting nearly $1 billion in federal funding at risk.
The findings stem from a months-long Justice Department Civil Rights Division investigation launched in March and come as the Trump administration intensifies its effort to dismantle diversity, equity and inclusion initiatives.
According to a letter sent to the school by **** istant Attorney General Harmeet K. Dhillon of the Justice Department's Civil Rights Division, the admissions committee used applicants' responses to a "hardship" essay question to determine their racial and ethnic backgrounds, using the essays as a proxy for race in deciding who advanced in the admissions process. The investigation found that from 2019 to 2025, Black applicants to UC San Diego Med were admitted at more than twice the rate of White applicants, even though White applicants, on average, had higher MCAT scores and GPAs.
"Rather than rely on MCAT scores or GPA, San Diego Med's shadow application process unlawfully judged applicants for admission based on their race," Dhillon said in a statement. "San Diego Med's blatant efforts to prioritize race are illegal, and we will end these practices."
Justice Department Zeroes In On Ucla For Alleged Illegal Dei Admissions As Elite School Crackdown Expands

#school #Trump
cepdf_7spp7sv
1 month ago
This as-told-to essay is based on a conversation with Jodi Lynn Karpes, a 52-year-old public relations professional who lives in West Palm Beach, Florida. It's been edited for length and clarity.
I'm 52, and I've been working in public relations for the last 25 years.
I immigrated to the US from South Africa five years ago, at age 47. When I moved to Florida, I left a country where I'd had my own business, GreenQueen PR, for about 17 years. After moving, I paused the business to look for full-time work.
The first job I found in Florida in 2021 had terrible pay, and I couldn't live on it long-term — I had to dip into savings each month. The next took about three months to find. It was a director-level role for a PR agency based in New York, and I worked remotely. That agency was a terrible fit, and I hated the job — so much so that I was having terrible nightmares. So I resigned in December 2025.
In Still in the Game, Business Insider is chronicling the realities of job hunting in your 50s — from overcoming age bias and navigating career transitions to rebuilding confidence, updating skills, and finding new opportunities in a competitive job market. Read more stories here, and share your own experience here.
rollmirror
1 month ago
Microsoft's AI revenue hit a $37B annual run rate, up 123% YoY, even as shares fell 20% YTD; Palantir's Rule of 40 score reached 145%.
Microsoft CEO Satya Nadella argues that enterprises unknowingly leak proprietary know-how to whoever owns the AI learning infrastructure, making data sovereignty the defining enterprise AI concern.
Snowflake stock leads the trio as it's up 24% YTD, with product revenue growing 34% and net revenue retention at 126% as enterprises adopt its governed data layer.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Microsoft (NASDAQ:MSFT) CEO Satya Nadella published an X essay ***** led "The Reverse Information Paradox" that has become one of the most-discussed pieces of AI strategy writing of the year. His argument reframes what enterprises buy when adopting frontier AI and points investors toward companies that help customers keep data inside their own walls.
xfshmebmc_pz
1 month ago
A man in New York City contracted the cyclospora parasite in May, after eating chopped lettuce.
He experienced 10 days of watery diarrhea, severe indigestion, and stomach pain, with no appetite.
Lettuce has been identified as a potential source of the outbreak.
This as-told-to essay is based on a conversation with Chase Strangio, a 43-year-old attorney from New York City who recently tested positive for the cyclospora parasite. It's been edited for length and clarity.
I am not someone who normally skips dinner; I love food. But on a busy Wednesday evening in late May, I just couldn't bring myself to eat anything.
buffer5590
1 month ago
Jul. 13—WARDEN — Soren Clausen was announced as part of the Washington Interscholastic Athletic ****** ociation's Leadership through Education Activities and Personal Development Committee Class of 2028 on Monday. Clausen said this opportunity has him excited to put his best foot forward in his new position.
"In my next two years on the LEAP Committee, I hope to provide a new point of view, being from a small town and school like Warden," he said. "I'm actually the first student from Warden High School to serve on the Committee since it began in 2009. Having such a small and close-knit school is really helpful because it is easy to talk to and get feedback from a lot of students and parents who are affected by decisions of the WIAA."
His journey to becoming part of the LEAP committee began when the Warden Athletic Director Grag Lucas encouraged Clausen to apply for the position. Clausen said the support from Lucas and his ASB Advisor Prisma Corrales motivated him to pursue the opportunity.
He said both Lucas and Corrales believed he would make a strong team member if he was selected. After doing some of his own research into the committee, Clausen realized that he aligned well with the program's ideals and principles.
The application process came in three parts as he had to fill out a couple of essay questions, submit a letter of recommendation and create a personal video on himself. Working on this video proved to be one of the most unique parts of this experience, he said.
13sp7n_drift
2 months ago
Michele Ragon first used AI with her 11-year-old son to help with school research.
She later found him using Copilot to vibecode his own video game based on a book he read in school.
She said she thinks this is a perfect example of AI not taking away from human creativity.
This as-told-to essay is based on a conversation with Michele Ragon, a 46-year-old employee communications business partner at LinkedIn, based in the Bay Area. The following has been edited for length and clarity.
My 11-year-old son just finished fifth grade, and earlier this year, he was diagnosed with ADHD, dyslexia, and dysgraphia. He has trouble remembering the order of things and organizing his thoughts.
paqxmzu
2 months ago
Pride Night 2026 came and went with relatively little fanfare or drama, all things considered. It is easy to forget that this time last year, tensions in Los Angeles surrounding the Dodgers were elevated, partly because Clayton Kershaw decided to doodle on his cap (not the subject of today's essay) and partly because the city was being ravaged by U.S. Immigration and Customs Enforcement ("ICE") raids that were rounding up citizens and immigrants alike.
The Dodgers organization finally stood up last year, urged on by Enrique Hernández , broadcasting legend Jaime Jarrín, and others, pledging $1 million to local charities to aid those affected by the ICE raids. On June 24, 2026, A.J. Perez of the Los Angeles Times reported that the Dodgers had fulfilled their pledge and Guggenheim Partners had divested their ties to the prison group actively working with ICE. Per Mr. Perez :
In total, the Dodgers donated $1.1 million, representatives for California Community Foundation and Labor Community Services — the two nonprofits that received the funds — told The Times.
"The Dodgers have been in L.A. for 68 years," said Joseph Tomás McKellar, executive director of PICO California. "They're beloved among immigrant communities in a way that no other sports team is. That gives the Dodgers cultural and financial power in the region. We applaud what they did, but they could do even more by exercising leadership."
To understand the significance of the moves, we must recall the state of affairs at this time last year.
51327blink2818
2 months ago
Laying the groundwork for a free trade agreement that would remake his nation's economy, Mexican president Carlos Salinas de Gortari loaned crates of art to the United States in the autumn of 1990. Bolstered by a $10 million advertising campaign, the works were destined to be shown in a series of one hundred and fifty exhibitions and events intended to counter Americans' derisive views of Mexico. Illustrating many of the ads was a self-portrait of Frida Kahlo.
Frida Kahlo, Untitled [Self-portrait with thorn necklace and hummingbird] 1940. Nickolas Muray Collection of Mexican Art.
The selection of Kahlo's mestiza visage as the face of Salinas's neoliberal propaganda was as prescient as it was improbable. Within a decade, Frida would become one of Mexico's leading exports. Championed by celebrities including Madonna – who deemed Kahlo her "soul mate" – the artist grew into a global brand in the years that Salinas privatized the Mexican economy and NAFTA lifted his country to the pinnacle of globalization. Mattel brought a Frida Kahlo Barbie doll to market. Frida's name and likeness, known only to an elite in her lifetime, have been licensed for products ranging from sneakers to cosmetics. For those manufacturers, and for the neoliberals who appropriated Kahlo to sell free trade with Mexico, her life of political radicalism is left unmentioned. (Mattel never considered making a doll of her lover Leon Trotsky.)
The peculiarities of "Fridamania" provide the leitmotif of Frida: The Making of an Icon, a sprawling exhibition organized by the Museum of Fine Arts, Houston, now on view at Tate Modern. The MFAH curator Mari Carmen Ramírez suggests an underlying cause for Kahlo's many conflicting representations in the opening paragraphs of her astute catalogue essay. Kahlo's iconicity "is not limited to a single image but is plural, resulting from the seemingly infinite number of competing icons that today comprise and perpetuate her myth," Ramírez writes, making the case that the myth entails much more than even the legends of Vincent van Gogh and Pablo Picasso. "The Frida phenomenon is unlike anything else in past or recent history. It is not limited to Kahlo's art-making but extends to all aspects of her social image, innermost character, as well as her attire."
As a "polyvalent" icon with a lifelong habit of narcissistic theatricality, Kahlo has been put in the service of causes ranging from Chicano identity to Mexican dignity, from socialism to feminism, from queerness to disability. All of these have a basis in her life, which also included the role of devoted wife and muse to the muralist Diego Rivera, and the part of avant-garde painter creatively mixing Mexican folk art with Surrealism. Each of these dimensions of her character has attracted different constituencies to the cult of Frida. And many aspects of her identity have come into fashion recently, decades after her premature death in 1954.
fxftawxufdm
2 months ago
Amanda Snyder Cathey said she lost her job the day after she finalized her divorce.
The product designer said she was surprised to learn that she qualified for certain benefits.
The experience inspired her to share her findings with others by vibe coding a free layoff support tool.
This as-told-to essay is based on a conversation with Amanda Snyder Cathey, a senior product designer in Santa Fe, New Mexico, who built a free layoff support tool. Her identity and background have been verified. This story has been edited for length and clarity.
The day after finalizing my divorce in February, I got laid off from a senior product design role at a real estate tech company. A few weeks later, my landlord told me I had to quickly move out because the house I was renting had a septic issue.
neoncal0
2 months ago
After suffering a rugby injury at 17, Morgan Purnell decided to get into reselling vintage clothes.
He made £142,235 ($191,241) in 2025, with Vinted accounting for the biggest portion of sales.
Purnell uses social media to promote his business, and AI to streamline processes.
This as-told-to essay is based on a conversation with Morgan Purnell, a 20-year-old entrepreneur who runs a vintage-clothing resale business and is based in Surrey, UK. It's been edited for length and clarity.
My dream when I was a kid was to play professional rugby. But when I tore 2 ligaments in my right knee when I was 17, it knocked me out of rugby for about a year and a half. My entire identity was stripped overnight.
Qk9cSIPLzJDPD
3 months ago
Hashim Mahmoud, a strategy and operations manager, found his job by taking networking to the extreme.
The 30-year-old tracked his efforts in a spreadsheet to remember to send thank-yous and follow-up notes.
He shared one template for LinkedIn connection requests and another for asking contacts to make intros.
This as-told-to essay is based on a conversation with 30-year-old Hashim Mahmoud, a strategy and operations manager at Angi, an online home-services marketplace formerly known as Angie's List. His identity and background have been verified. This story has been edited for length and clarity.
I found my current position after just a few months of job hunting in 2024, largely thanks to how I went about networking. I reached out to more than 1,200 people, spoke with about 150 of them, and got about 20 interviews before landing the position I have now at Angi. The job market may be more competitive today, but I think my experience still applies.
Husxm4wxKmUiE2gY
3 months ago
Israel Garcia, a tech consultant, changed his appearance to better match the image of AI companies.
Garcia said he often faces hiring managers in tech and AI companies who are half his age.
Garcia said job seekers should focus on the message they're sending with how they look.
This as-told-to essay is based on a conversation with Israel Garcia, the
principal consultant on digital and AI transformation at Cambridge Experts, a UK-based consultancy company that focuses on tech product strategy. This essay has been edited for length and clarity.
After years of working in technology and AI consulting, I found myself making an unexpected career move: shaving off my beard.
coo_madly0885
3 months ago
Jacqueline Matwick moved from Arizona to Turin, Italy, hoping to earn Italian citizenship by descent.
Then Italy changed its citizenship laws, leaving Matwick and her family in legal limbo.
Matwick is now considering her options to secure a stable future for her family in Italy.
This as-told-to essay is based on a conversation with Jacqueline Matwick, 38, who moved from Arizona to Turin, Italy, with her family in 2024. Matwick was anticipating receiving citizenship by descent through her husband, but the Italian government changed the requirements after they moved, and the Matwicks no longer qualified. The following has been edited for length and clarity.
We were in New York for a long time. I was there eight years, my husband was there seven, and our oldest child was born there.
D7mN5YFOs8M
3 months ago
We just covered From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and VanEck Semiconductor ETF (NASDAQ:SMH) ranks 1st on this list.
VanEck Semiconductor ETF (NASDAQ:SMH) is a new addition to the 13F portfolio of Situational Awareness LP. The fund declared a new stake in the company in filings for the first quarter of 2026. This stake consists of PUT bets worth over 5.3 million shares. Previously, Leopold Aschenbrenner had bought a stake in this ETF back in the second quarter of 2025. This position consisted of more than 2 million shares and was sold off by the next quarter. The bearish bet against the chip sector represents close to 15% of the 13F portfolio of the hedge fund run by AI expert Leopold Aschenbrenner. This is not an isolated bet but part of a larger close to $8 billion position against the chip sector that comprises over 60% of 13F portfolio of the fund.
This massive bet against VanEck Semiconductor ETF (NASDAQ:SMH) represents a continuation of an investment strategy championed by Leopold Aschenbrenner that focuses on companies providing the picks and shovels for this AI revolution. In layman terms, instead of betting on the gold itself, like AI software or chip firms, Aschenbrenner is betting on the companies that provide the picks and shovels for gold digging, like power companies and repositioned Bitcoin miners providing AI compute. In his June 2024 essay ***** led SITUATIONAL AWARENESS: The Decade Ahead, Aschenbrenner had predicted that, “As AI revenue grows rapidly, many trillions of dollars will go into GPU, datacenter, and power buildout before the end of the decade. The industrial mobilization, including growing US electricity production by 10s of percent, will be intense”.
While we acknowledge the potential of SMH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Growth Stock Portfolio: 12 Stock Picks by Carl C. Icahn and Chris Rokos Stock Portfolio: Top 10 Stock Picks.
coinattac
8 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC) is consolidating below $90,000, but BitMEX co-founder Arthur Hayes says the pause masks a powerful liquidity-driven move that could send the cryptocurrency to $200,000 in 2026.
What Happened: In his latest essay, "Love Language," Hayes argues the Federal Reserve's newly introduced "Reserve Management Purchases" (RMP) program is effectively a rebranded form of Quantitative Easing (QE).
He says the change in terminology is designed to avoid alarming markets with overt ref
coinattac
8 months ago
Arthur Hayes just laid out his Bitcoin roadmap for the next three months — and it ends at $200,000.
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
science
9 months ago
A University of Texas professor says AI didn't break college — it revealed how broken teaching was.
Steven Mintz said that mass lectures and formulaic essays dehumanized education long before AI.
He said that schools must automate rote learning so humans can focus on thinking and mentorship.
When Steven Mintz, a history professor at the University of Texas at Austin, opened 400 essays from his students, he noticed something uncanny. The sentences were the same. The structure was the same. Even the conclusions matched.
In a LinkedIn post, Mintz said this wasn't a cheating crisis but a pedag
coinattac
9 months ago
Bitcoin fell 6% on Tuesday to $89,368, but Arthur Hayes says the worst isn’t over for the cryptocurrency market.
In his latest essay, the BitMEX co-founder argued that a liquidity drought in the US financial system is squeezing Bitcoin. The current selloff is not a collapse in investor confidence, but an adjustment to prevailing market conditions that do not favour risk-on sentiments, according to Hayes.
And amid the deteriorating investor psychology, Hayes predicts Bitcoin has only one way to go: down.
“Bitcoin could absolutely drop to $80,000 to $85,000 during this period of weakness,” Ha

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