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The Scarcity Portfolio: Navigating Sovereign Debt, Wafer Bottlenecks, and Orbital Compute

Today I was watching the interview of Gavin Baker by Patrick Oโ€™Shaughnessy on his Invest Like the Best podcast. Like prior conversations this was another fascinating excursion into the mind of a sophisticated and very successful tech venture investor.

During the conversation, Patrick asked Gavin what agents he was using that were especially helpful and he mentioned one which summarizes YouTube podcasts and videos for him. Like most of us Baker just doesnโ€™t have the time to watch or listen to them himself so good summaries are really helpful.

Turns out Iโ€™ve been working on a Google Gemini Gem that does this for me. When Baker mentioned his I fired up the new Gemini 3.5 Flash model and asked it to summarize the Baker interview.

Later in the conversation Baker used the term โ€œbattlefield AIโ€ which caused me to go back to Gemini again to learn more about that. The results were so interesting that I asked Gemini to create a syllabus for a semester class on these subjects. After that I asked it to convert our whole conversation into a Markdown file so I could share it. Youโ€™ll find it below.

I found this whole experience pretty stunning. I came away very impressed with Gemini 3.5 Flash both for the quality of the responses but also the sheer speed. Wow!

Anyway I hope you enjoy the following!