Blackthorne: you tell him that the company is at peak Capex and that the operating environment is starting to improve again. Management has committed to 5x net leverage and is buying back debt in the open market.

Mariko: the Anjin is pitching an overlevered shitco again

$TSLA +7%

Just published my Deep Dive on Texas Instruments

Disclosure: I own the shares of $TXN

“Hey dad?”

“Yea, sport?”

“What’s a Collateralized Loan Obligation?”

“What?! Oh, jesus. Well, alright. I suppose you’re old enough for “the talk.” Son, when a syndicator and a debt fund love each other very much…”

When someone explains something to you for the fifth time and you still don't get it.

$GOOGL today.

Here's a clip of Bill Hwang explaining being locked in:
'I'm like a little child looking for where can I invest to please our God'
'God is working, Jesus is working, and I am working'
'I'm not gonna retire till he pulls me back'

IWM futures +150bps

David Sacks anytime there’s a geopolitical conflict

👑

new $xpel ppf bull case just dropped

Semiconductors: 'To see a World in a Grain of Sand'

My Primer on Semiconductors.

Ten years later, still on it.

Today's FREE edition, full of goodies:

485: Jensenmania and Nvidia GTC 2024, Roper Technologies Deep Dive, Nuclear Ramp Up, Humanity's Archives, We Are Legion Review $NVDA $ROP

libertyrpf.com/p/485-jensenma…

Jensen Huang is the new Taylor Swift

Vladimir Putin re-elected as President of Russia