The Minutes of Gavin Baker on contracts https://minutesof.com/gavin-baker/on/contracts/ Everything Gavin Baker has said on contracts: 2 verbatim quotes from August 2026, each with a timestamp and a link to the recording it came from. en Mon, 31 Aug 2026 13:08:41 +0000 Baker argues contracted compute trades at massive discount to spot, repricing will drive acceleration despite https://minutesof.com/q/2dc9da48-18d0-48ed-9973-9ca9945bab0d/ https://minutesof.com/q/2dc9da48-18d0-48ed-9973-9ca9945bab0d/ “you have the contracted base of installed compute trading at a massive discount to the current spot market, and as those contracts roll off and compute gets repriced higher, spot could decline and compute will still get repriced higher,” — Invest Like The Best Tue, 04 Aug 2026 12:00:33 +0000 contracts Baker explains nobody predicted old GPU prices would rise vertically, leading to contracted compute trading at https://minutesof.com/q/00ece1f6-bd64-41d8-a1dc-85d0baadc4bf/ https://minutesof.com/q/00ece1f6-bd64-41d8-a1dc-85d0baadc4bf/ “I don't think anyone in '24 or '25 thought that the prices of old GPUs would be going vertical. Everybody thought, hey. We're gonna be smart.” — Invest Like the Best Tue, 04 Aug 2026 08:00:00 +0000 contracts