Re: Possible investment strategies there is a dialogue on LessWrong from November 2023 which I think still holds up. Quoting from the takeaways:
Invest like 50% of my portfolio into pretty broad index funds with really no particular specialization
Take like 20% of my portfolio and throw it into some more tech/AI focused index fund. Maybe look around for something that covers some of the companies listed here on the brokerage interface that is presented to me (probably do a bit more research here)
Invest like 3-5% of my portfolio into each of Nvidia, TSMC, Microsoft, Google, ASML and Amazon
Take like 2-5% of my portfolio and use it to buy some options (probably some long-term call options on some of the stocks above), making really sure I buy ones that have limited downside, and see whether I can successfully not blow up that part of my portfolio for like 2 years before I do any more here
And then I probably wouldn’t bother much with rebalancing and basically forget about it unless I feel like paying much extra attention.
About energy companies, I think the investment idea is less about general global energy consumption via AI, but rather the companies that are helping to build out and power these large data centres.
Re: Possible investment strategies there is a dialogue on LessWrong from November 2023 which I think still holds up. Quoting from the takeaways:
About energy companies, I think the investment idea is less about general global energy consumption via AI, but rather the companies that are helping to build out and power these large data centres.
Microsoft have been investing in nuclear energy, xAI’s Colossus cluster was positioned right next to a natural gas plant, Sam Altman invested in and is now chair of the board of nuclear startup Oklo. And my understanding is that power substation equipment is a bottleneck with equipment like transformers now having a lead time of years