Cloud engineer by day, investor always. Breaking down stocks, earnings & economics. 🇨🇦 Posts are not recommendations or advice. Do your own research.
Canada
Joined July 2022
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JakeJanes retweeted
What you are actually doing here is to bribe nokia to put these jobs into Canada by paying hundreds of thousands of dollars per job from taxpayer money. What this does is to lower the cost basis of nokia per employee. This has been going on for decades, called FDI which all civil servants think is a good thing. I spent a lot of time explaining to civil servants in ottawa that its not good for our economy that American and Oversees branch offices can employ Canadians at half the cost to all the canadian companies around them due to these subsidies. We should not do them at all, they are toxic, at least in the tech sector.
It's never meat to be this way, but the situation that very often arises is: It's strictly worse inside of Canada to be a Canadian company compared to a company headquartered everywhere else.
This is a bad situation, because the fruits of the subsidized labor will accrue to the wealth of other countries and not Canada. It's tax payer money invested into locking up scarce high tech talent in jobs where they no longer contribute to the Canadian economy directly. Why
Canada is leading the global tech race.
Today's milestone strengthens our digital infrastructure, drives innovation, and delivers results for Canadians across the country.
ctvnews.ca/ottawa/article/no…
JakeJanes retweeted
Worth reading the whole thing, but this is the most important thing:
“If Elon gets paid 1 trillion dollars, I will be a multimillionaire.”
It’s important who you hitch your wagon to.
Socialists have proven to be shitty wagons.
Modern Thomas Edison is a great wagon.
In 2015, I marched for Bernie and donated to his campaign.
In 2019, after years of being a miserable democratic socialist who blamed everyone else for my sadness, I decided that I couldn’t stand being a miserable fuck anymore, and needed to start taking risks and aggressively started doing stuff to change my life.
I started working multiple jobs. I had 3 I was juggling at one point. I funded my life with one of them, and with the additional jobs, I invested all of my dollars in Palantir. It was honestly fun. Yeah, I worked 70 hours a week usually and sometimes would go 60 days without a day off, but it was exhilarating. I was making changes and doing things. It was way better than being miserable and angry and making my entire identity about politics and my disdain for “the rich.” Those were hopeless times and I was glad to be doing something for myself.
I was able to grow a portfolio of 4,000 Palantir shares at an 8 dollar cost basis between 2021-2023. 32,000 dollars from hardcore grinding. Between 2023-2025, that 32 grand grew to over 400 grand. In May 2024 I started rotating some of the profits into TSLA, along with purchasing with new income.
I’ve learned so much about capitalism since 2019, how wealth is created, and the difference between makers and takers. I’ve been inspired by so many amazing builders and entrepreneurs on this platform. I’ve even interacted with many of them. Totally surreal.
Today, I cheered in my car as it drove me home when I heard that Elon’s pay package was approved. I voted my 750 shares on it with a huge grin on my face. If Elon gets paid 1 trillion dollars, I will be a multimillionaire.
After all I’ve been through and after everything I’ve done for myself over the last 10 years, I look at this post by Bernie and know I would’ve cheered it on in 2015, but today, I see it for what it actually is. Manipulative, depressing rhetoric intended to depress a base of voters and make them feel hopelessly dependent on him and his colleagues. None of them build anything or create value or give working class people like me the opportunity to peg my labor against their genius. They did nothing but make me miserable.
I hope even one person can read this get pumped to start doing shit. There are ups and downs, but it’s yours. Nobody can take your grind away from you. Kick ass and build over years of time and watch what happens along the way. Don’t listen to sad miserable people like Bernie.
JakeJanes retweeted
You’re paying for X Premium and have an iPhone 17. You should be in prison for defrauding the taxpayer.
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JakeJanes retweeted
An example of cruel empathy from the medical system.
RATES of childhood cancer are higher in the U.S. than other counties.
By definition, that means there are external factors.
Yet Harvard doc says it’s cruel to point this out.
We won’t solve it unless we point out.
JakeJanes retweeted
$AMD
🚨 Lisa Su said the quiet part out loud
Again, no one caught it
You can thank me later
Listen to her:
“As much as we love working with OpenAI, we’re working with other customers as well. There’s a lot of excitement around the industry about MI450, and we’re ready for it.”
she said while she could barely hold her smile
The moment she starts talking about validation, you can see her carefully choosing her words, not wanting to spill the beans
She ends the comment with a proud, happy face
If you know, you know.
JakeJanes retweeted
Took my dogs to the vet, and the assistant tried to sell me on paying for tests to check for parasites. I asked whether it would make more sense to just give them a preventative dose of ivermectin. That seemed to trigger her, and she started going off about how it would not be safe, so I dropped the issue.
Then she recommended putting the dogs on heartworm preventative. I asked which brand, and she mentioned Heartgard. When I left, I looked it up and discovered ivermectin is the primary active ingredient.
Amazing.
JakeJanes retweeted
After more than 20 years of delay, I’m proud to finally deliver on a long-overdue promise: protecting our most vulnerable from unnecessary mercury exposure.
JakeJanes retweeted
The big money is not made by anticipating market tops and bottoms, but by holding extraordinary companies forever.
JakeJanes retweeted
I know this is fun and all, but the real reason the diner is important is to sell @Tesla_Optimus to retail and fast food outlets.
JakeJanes retweeted
Imagine if EVERYONE added venture capital to their portfolio. There would be more startups, more jobs, and more breakthroughs. Everyone would be able to share in the upside, not just the ultra-wealthy.
Are there really any downsides?
JakeJanes retweeted
BREAKING: @Tesla has reduced Model Y prices in Canada 🇨🇦 by $20,000, bringing it back to pre-tariff levels.
Only the Long Range AWD available to order for $64,990, down from $84,990.
Also, Diamond Black paint is now available as a $2,000 option.
JakeJanes retweeted
Just be forewarned, the goal posts are about to be moved clear out of the stadium and into the girl’s dormitory
