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Nicolas Bustamante Profile
Nicolas Bustamante

@nicbstme

Followers
2,785
Following
141
Media
142
Statuses
1,236

CEO @Fintoolx (AI Equity Research Copilot) | prev. founder @Doctrine (acquired). Value investing & BJJ 🇺🇸

San Francisco
Joined January 2022
Don't wanna be here? Send us removal request.
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@nicbstme
Nicolas Bustamante
1 year
Introducing @fintoolx , a financial copilot on top of SEC filings, transcripts, and news. FintoolGPT summarizes millions of docs and quotes exact sources!
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@nicbstme
Nicolas Bustamante
1 month
Coding with AI is ridiculously fast. I shipped the whole marketing website in one day with @v0 , @cursor_ai , @shadcn and @AnthropicAI .
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@nicbstme
Nicolas Bustamante
1 year
@sama talk at the @ycombinator alum meeting is packed like a Taylor Swift concert! SF is so back.
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@nicbstme
Nicolas Bustamante
1 year
We don’t have to be smarter than the rest. We have to be more disciplined than the rest. ― Warren Buffett
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@nicbstme
Nicolas Bustamante
1 year
“The Joys of Compounding” by @Gautam__Baid is one of the best books about value investing. It explains how value investing is more of a life philosophy than a sound investing strategy. I’ve read it many times and learned something new each time!
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@nicbstme
Nicolas Bustamante
23 days
o1-preview is 100x more expensive than GPT-4o mini, costing $15 per million input tokens compared to GPT-4o mini's $0.15.
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@nicbstme
Nicolas Bustamante
1 month
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@nicbstme
Nicolas Bustamante
1 year
Find something you enjoy doing and give it everything you've got, and the money will take care of itself. ― Peter Lynch
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@nicbstme
Nicolas Bustamante
11 months
I really enjoyed @romainhuet 's impressive demo at OpenAI DevDay! I can't wait to try all the new API features!
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@nicbstme
Nicolas Bustamante
1 year
@ChrisBloomstran Before going public $BETR raised $905M, of which $500M were secondaries by Softbank VisionFund in 2021. The company is now worth $480M.
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@nicbstme
Nicolas Bustamante
5 months
The start of a great weekend in Omaha at the Berkshire Hathaway Meeting!
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@nicbstme
Nicolas Bustamante
2 years
Great guide on LLM conversational memory with @LangChainAI on @pinecone
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@nicbstme
Nicolas Bustamante
1 year
Super excited that can now summarize earnings calls and compare them to the previous quarter or year!
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@nicbstme
Nicolas Bustamante
1 year
Introducing @fintoolx , a financial copilot on top of SEC filings, transcripts, and news. FintoolGPT summarizes millions of docs and quotes exact sources!
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@nicbstme
Nicolas Bustamante
4 months
@sc_cath Le dédain des Français envers la retraite par capitalisation est une énigme. C'est un système génial. 200 euros investis par mois pendant 40 ans à un rendement de 10% par an (S&P 500) mènent à un pactole de 1 million d'euros !
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@nicbstme
Nicolas Bustamante
2 months
@TechFundies I was surprised to see so many friends opting for Waymo, even with wait times 3x longer and prices at least 25% higher than Uber. The experience is so exceptional that customers are willing to wait and pay a premium to use it.
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@nicbstme
Nicolas Bustamante
1 month
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@nicbstme
Nicolas Bustamante
1 year
The San Francisco they don’t show you on Twitter.
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@nicbstme
Nicolas Bustamante
7 months
Biking in San Francisco is the best.
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@nicbstme
Nicolas Bustamante
1 year
My avocado tree offers shade to Charlie Munger during a hot summer.
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@nicbstme
Nicolas Bustamante
1 year
“The Joys of Compounding” by @Gautam__Baid is one of my favorite books. I read it many times and still find new insights each time I open the book!
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@nicbstme
Nicolas Bustamante
1 month
@debgotwired @v0 @cursor_ai @shadcn @AnthropicAI I ditched Framer. Too many UI bugs and glitches, too much time to learn the tool, not enough customization (you can’t have an input chatbar for instance). I like no code but now that code is so easy it might not be worth it.
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@nicbstme
Nicolas Bustamante
1 year
Highest concentration of founders in the world at the @ycombinator annual reunion! First talk is with @mwseibel & @parkerconrad !
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@nicbstme
Nicolas Bustamante
3 months
@sc_cath Le jeune ingénieur va prendre un aller simple pour San Francisco.
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@nicbstme
Nicolas Bustamante
7 months
@TechFundies I've been using it non-stop for months in San Francisco and it's so smooth!
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@nicbstme
Nicolas Bustamante
1 year
The best part about San Francisco is the opportunity to hang out with great people and entrepreneur like @laduramvishnoi ! The new @Middleware_Labs office is 🔥
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@nicbstme
Nicolas Bustamante
1 year
. @fintoolx now suggests highly qualitative and precise follow-ups questions! Try it today:
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@nicbstme
Nicolas Bustamante
1 year
@HansCNelson @fintoolx We are working on it :)
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@nicbstme
Nicolas Bustamante
2 years
Buying some Nike shoes with OpenAI Plugins and @Klarna
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@nicbstme
Nicolas Bustamante
2 months
@DanielSLoeb1 It took 5sec on @fintoolx and all figures directly linked to the source table in the SEC filing.
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@nicbstme
Nicolas Bustamante
10 months
Paying my respect to Mr Charlie Munger tonight. I learned so much from him; he is like a grandpa full of wisdom. Good thing I will still see him every day in my living room ❤️
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@nicbstme
Nicolas Bustamante
6 months
♥️ @2lr , who has been supportive for years beyond expectations through near bankruptcy experience, endless litigations, complex M&A, and many ups and downs.
@eisokant
Eiso Kant
6 months
❤️ @2lr
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@nicbstme
Nicolas Bustamante
23 days
@ChrisBloomstran Thanks! That's a smarter take that everything I've read today.
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@nicbstme
Nicolas Bustamante
1 year
@mrjonfinger @HeyGen_Official French works well, I can hear a slight Canadian accent but overall it's impressive!
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@nicbstme
Nicolas Bustamante
1 month
@sc_cath I have no idea how you manage to listen to all this nonsense every day. Living in France feels like being stuck in two books at once: Rand’s Atlas Shrugged and Kafka’s The Castle.
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@nicbstme
Nicolas Bustamante
1 month
@imrat I usually create the component in v0 and then copy/paste the code into Cursor and add a couple of internal components and services to the Cursor prompt. It's ridiculously fast.
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@nicbstme
Nicolas Bustamante
5 months
Wait, the GPT-4o is benchmarked against the unreleased Llama3 400B? 🤔
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@nicbstme
Nicolas Bustamante
1 year
🇺🇸 🍿
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@nicbstme
Nicolas Bustamante
30 days
The classic San Francisco after work bike ride.
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@nicbstme
Nicolas Bustamante
1 year
Seems like a good checklist to spot frauds @ProfAnalytics : changing auditors, appointing relatives who lack qualifications, exorbitant salaries… Source: « the joys of compounding” by @Gautam__Baid
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@nicbstme
Nicolas Bustamante
2 months
Another horrible afternoon in San Francisco. Very hard to live here.
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@nicbstme
Nicolas Bustamante
11 months
@MandosAsswets @fintoolx With @fintoolx no need to upload 10K and it answers not on one 10k but potentially dozens of docs including 8-k, proxy statements etc :)
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@nicbstme
Nicolas Bustamante
10 days
@blondesnmoney To be fair, Most of his share sales are part of a pre-approved plan that allocates and sells shares to charitable organizations.
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@nicbstme
Nicolas Bustamante
11 days
@SouthernValue95 Why can’t AI design nuclear power plants and AI robots build it? 🫣
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@nicbstme
Nicolas Bustamante
1 month
Shoutout to the incredible minds behind this amazing tech: @rauchg , @jaredpalmer , @amanrsanger , @mckaywrigley , @alexalbert__ , @mntruell , and countless others!
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@nicbstme
Nicolas Bustamante
1 year
Interesting insight from Warren Buffet on the ideal work environment: - short commute - choose people you want to work with - freedom over your agenda - no need to conform to social norms - have fun everyday
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@nicbstme
Nicolas Bustamante
1 year
Smooth San Francisco ride with @Waymo 👌
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@nicbstme
Nicolas Bustamante
5 months
What else would you need in San Francisco at 10:20 pm on a Saturday night?
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@nicbstme
Nicolas Bustamante
2 months
“I don’t understand why people move to San Francisco” The people:
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@nicbstme
Nicolas Bustamante
10 months
@brezina ChatGPT is a great product; I'm happy that it fits your needs! Our customers subscribe to @fintoolx to find complex insights buried in filings (e.g compensation plans, accounting changes, sentiment analysis on past earnings calls, etc)
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@nicbstme
Nicolas Bustamante
1 year
@OpenAI GPT-3.5-turbo fine-tuned is slow: 4sec on average to get a completion, making it 6x slower than GPT-4. Does anyone know how to cut latency? poke @yoheinakajima @hwchase17 @mckaywrigley @nikhilthota
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@nicbstme
Nicolas Bustamante
3 months
The ultimate web programming stack is @shadcn components written by @AnthropicAI Claude 3.5 on @cursor_ai . I love it.
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@nicbstme
Nicolas Bustamante
2 months
I can't wait to try @Waymo new car. In Q2 $GOOGL said that they did a total of: - 2 million trips to date - 20 million fully autonomous miles on public roads - 50,000 weekly paid public rides Mostly in San Francisco and Phoenix.
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@nicbstme
Nicolas Bustamante
2 years
I have been living in France and in the US, and it's 100% correct.
@Altimor
Flo Crivello
2 years
One of my favorite things about the US is how unapologetically optimistic everyone is. It’s especially refreshing coming from France, where everyone runs a constant contest of “let’s see who can find the cleverest reason why something is dumb and will never work.”
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@nicbstme
Nicolas Bustamante
1 year
@mattturck @Xavier75 is a living legend whose impact goes way beyond France.
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@nicbstme
Nicolas Bustamante
10 months
🤗
@NoPainInvesting
Investing Without Pain
10 months
Wow. AI and 10-k combined. High nerd alert.
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@nicbstme
Nicolas Bustamante
1 year
@Culture_Crit Charlie Munger
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@nicbstme
Nicolas Bustamante
2 months
Casual walk back home after a full day at @fintoolx
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@nicbstme
Nicolas Bustamante
9 months
@alex @almostcmb . @fintoolx is not yet designed to compute numbers (coming soon!) but to retrieve any info/trends in filings. Example 👇
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@nicbstme
Nicolas Bustamante
2 months
“Living in San Francisco is horrible”
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@nicbstme
Nicolas Bustamante
7 months
@santiagodc Thanks @santiagodc ! I'm planning to write one. Do you have specific questions I should cover?
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@nicbstme
Nicolas Bustamante
1 year
Advice to live a happy life at the #Berkshirehathway meeting: - Be kind - Praise by name, criticize by category - Avoid toxic people - Spend less than you earn - invest wisely Charlie Munger: “it’s all that simple”
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@nicbstme
Nicolas Bustamante
5 months
I'm testing GPT-4o on some basic data extraction and the speed is insane. The slowest was 345 tokens per second and the fastest was 1827.9 tokens per second which is 2 times faster than LLama3-8b on Groq! 🤯
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@nicbstme
Nicolas Bustamante
25 days
@MadConX Wow, $GOOG gives $5B+ in SBC per quarter 🤯
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@nicbstme
Nicolas Bustamante
7 months
@BiologyMusings Thanks for sharing! @fintoolx was first developed to answer questions on a specific company. We are now working on expanding to broader questions like you asked.
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@nicbstme
Nicolas Bustamante
2 years
@2lr How come it's not a @BeReal_App ! 😛
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@nicbstme
Nicolas Bustamante
1 year
“Financial markets are far too complex to isolate any single variable, as if conducting a scientific experiment. The record is utterly bereft of evidence that definitive predictions of short-term fluctuations in stock prices can be made with consistent accuracy. ― John Bogle
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@nicbstme
Nicolas Bustamante
1 year
Happy Birthday, Warren Buffett! "Warren Buffett" is a company value at @fintoolx : "We model our personal and professional ethos on the principles he exemplifies. Upholding integrity, valuing honesty, practicing frugality, championing lifelong learning, embracing humility,
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@nicbstme
Nicolas Bustamante
10 months
♥️
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@nicbstme
Nicolas Bustamante
1 month
📖 🌙
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@nicbstme
Nicolas Bustamante
5 months
Was it below or above the conservatively calculated intrinsic value? I’m gonna ask Mr Buffett next weekend in Omaha.
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@nicbstme
Nicolas Bustamante
1 month
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@mattshumer_
Matt Shumer
1 month
I'm excited to announce Reflection 70B, the world’s top open-source model. Trained using Reflection-Tuning, a technique developed to enable LLMs to fix their own mistakes. 405B coming next week - we expect it to be the best model in the world. Built w/ @GlaiveAI . Read on ⬇️:
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@nicbstme
Nicolas Bustamante
1 year
The best practice for hiring is to re-read Who every now and then!
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@nicbstme
Nicolas Bustamante
1 year
"Reading a great book twice is more valuable than reading ten average books." -- @ShaneAParrish
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@nicbstme
Nicolas Bustamante
3 months
I've just published Burning Billions: The Gamble Behind Training LLM Models to answer a question I get all the time: why don’t you train your own large language model?
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@nicbstme
Nicolas Bustamante
1 year
D-6 for the Berkshire Hathaway Annual Shareholder Meeting! 😍
@CharlieMunger00
Charlie Munger Fans
1 year
Charlie Munger - Secret to Happiness🎯
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@nicbstme
Nicolas Bustamante
1 year
“We both insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. So Warren and I do more reading and thinking and less doing than most people in business.” - Charlie Munger
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@nicbstme
Nicolas Bustamante
1 year
Tonight’s reading is “investing between the lines” a book recommended by @Gautam__Baid and Warren Buffett!! I can’t help but to think that we can train an AI on millions of SEC fillings to identify insights and decode corporate communications.
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@nicbstme
Nicolas Bustamante
2 years
I've been using @FolkHQ for a while, and it's an excellent tool!
@tiboel
Thibaud Elziere
2 years
A little reflection on @FolkHQ Of course, I’m always asked to explain what exactly folk is. When creating a new category of tool, it’s not easy to find words that are both precise and concise, yet at the same time embrace its depth. But I think I finally found a way.
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@nicbstme
Nicolas Bustamante
1 year
Buying at a discount from intrinsic value and having the asset’s price move toward its value doesn’t require serendipity; it just requires that market participants wake up to reality. When the market’s functioning properly, value exerts a magnetic pull on price. ―Howard Marks
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@nicbstme
Nicolas Bustamante
1 month
As a French expat living in the U.S., I still can’t wrap my head around American political ads. They’re like a Hollywood-esque mix of funny villain attacks set to catchy music.
@LeadingReport
Leading Report
1 month
BREAKING: RFK’s VP pick Nicole Shanahan releases a “Trump Derangement Syndrome” ad.
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@nicbstme
Nicolas Bustamante
1 year
One of my favorite advice from the Berkshire Hathaway meeting is: “Write your desired obituary and then behave accordingly” Powerful.
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@nicbstme
Nicolas Bustamante
6 months
@2lr ❤️
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@nicbstme
Nicolas Bustamante
1 year
people should like something less when its price rises, but in investing they often like it more. ― Howard Marks
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@nicbstme
Nicolas Bustamante
1 year
So great to hang out with inspiring entrepreneurs! 🙌
@tosi_tommaso
Tommaso Tosi
1 year
Loschi figuri at the Berskhire Hathaway Annual Meeting @nicbstme @XavierHelgesen @SievaKozinsky
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@nicbstme
Nicolas Bustamante
1 year
@nikolamotor "We are building a real hydrogen business via our HYLA brand with solutions for the entire ecosystem, production, supply and refueling. We recently signed a deal with Voltera for up to 50 refueling stations, advancing progress with HYLA mobile fuelers and are moving forward on
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@nicbstme
Nicolas Bustamante
2 months
“San Francisco is a terrible unsafe I don’t understand how you can live there” The terrible city at 7pm:
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@nicbstme
Nicolas Bustamante
2 months
7am in San Francisco, a cable car racing a self driving car. What a time to be alive!
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@nicbstme
Nicolas Bustamante
1 year
We tried to buy good companies to start with. We don't think there are supermen who can renovate them and transform them into wonderful, highly profitable enterprises. We can't do it, and history shows that nobody else can do it, either. - Henry Singleton
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@nicbstme
Nicolas Bustamante
1 year
USA for the win 🇺🇸
@stats_feed
World of Statistics
1 year
Largest companies by market cap: 🇺🇸 Apple: $2.76 trillion 🇺🇸 Microsoft: $2.31 trillion 🇸🇦 Saudi Aramco: $2.07 trillion 🇺🇸 Alphabet: $1.33 trillion 🇺🇸 Amazon: $1.08 trillion 🇺🇸 Berkshire: $713 billion 🇺🇸 NVIDIA: $703 billion 🇺🇸 Meta: $602 billion 🇺🇸 Tesla: $536 billion 🇺🇸 Visa:
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@nicbstme
Nicolas Bustamante
2 years
So happy about this news! I have been using @Cruise for the past few months, and I love it. I haven't used any other taxi app in a while!
@kvogt
Kyle Vogt
2 years
Tonight our driverless service area in SF expands to cover almost all of SF. Today is also exactly one year since my first ride, the first driverless ride in a major US city.
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@nicbstme
Nicolas Bustamante
2 months
I would like to report a murder to the French police.
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@nicbstme
Nicolas Bustamante
2 months
@shl That’s the way to do it. Claude is so good with React, Tailwind and @shadcn !
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@nicbstme
Nicolas Bustamante
23 days
I'm on OpenAI tier 5 and I'm testing GPT-o1. It's good! Knowledge cutoff is Oct 2023, the rate-limiting is low with only 20 RPM and pricing is a bit expensive at $15.00 / 1M input tokens and $60.00 / 1M output tokens. The good news is that 01-mini costs $3.00 / 1M input
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@nicbstme
Nicolas Bustamante
1 year
Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it. ― Peter Lynch
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@nicbstme
Nicolas Bustamante
1 year
For all long-term investors, there is only one objective - maximum total real return after taxes - John Templeton
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@nicbstme
Nicolas Bustamante
1 year
Comparison is the thief of joy
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@nicbstme
Nicolas Bustamante
2 years
I have just published "Panic in Startupland: the story of startup guys who thought were riding a unicorn only to learn, later on, that they were riding a pig" (featuring all the good stuff from @mattturck , @DavidSacks , @Austen , @rabois )
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@nicbstme
Nicolas Bustamante
1 year
Us-east-1 #AWS is down, and @vercel seems to rely on AWS. It's annoying if you use Vercel serverless Functions ):
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