one line 🧠👍🏼

Lol

Basing valuation on 2030 earnings is a tell...

U.S. Marines play a friendly game of baseball against Japanese soldiers in November of 1945, just a few months after Japan surrendered in WW2. The Marines won 10-5

Startup tech companies making a profit seems such a quaint idea nowadays.

True

Has quality decined? Have sameness/algorithims overtaken originality and creativity?

If you take out $NVDA, the US stock market lags badly JPMAM

Morning Report: Markets rise ahead of Trump’s Iran deadline youtu.be/Unz4Fyq8sHU

Great point. I used to do reverse DCFs as a PM, and it operated under a similar principle.

"Energy is the only truly universal currency, and nothing (from galactic rotations to ephemeral insect lives) can take place without its transformations." Vaclav Smil

3 months of 2026 doesn't provide much signal.

It's a chart of performance, not returns.

this is the nasdaq 13 day return. the other dates here are hilarious.