lmao, not once, but twice!!

nice!! saw it uplisted today. A well-run bank, I whiffed

i'm gonna miss mark leonard and buffett

just prompted it to scrape. there are multiple errors in the numbers in the table.

need another 150B in capex.

Issue buffett has is how do you value it? How do you know you're getting an adequate deal?

Even cash can be parked in tsys and throw off more cash to mostly maintain purchasing power and be a stable medium of exchange.

I never fall into the "this is like 2008" trap like ever but man these stories about private credit guys running insurance companies...

disintermediation by AI I believe.

Plus some idiosyncratic stuff like RMV investing into their own AI products and taking margins down in 2026 or Auto Trader rolling out an large price increase that is getting negative feedback from used car dealership customers.

But mostly AI fears.

with hemnet

2/ It is uncanny how much Meta’s efforts in the last year have just been a rerun of Mark’s original effort to build FAIR by hiring Yann Lecun back in 2013

- Invitations to 1-on-1 dinners with Mark

- A desk next to Mark at the office

- “Intelligent agents” booking airline tickets

- “Open source”

fundamentals wise, what's going on here??

An example: TR CoCounsel vs. Harvey Assistant in Legal.

TR is likely already neck and neck with Harvey

Booz Allen Hamilton also.

Stocks with very good long term records that blew up. What else?