“Copper is the new oil — EVs, AI data centers, and grid buildout all need insane amounts of it”
“Unity's restructuring is working and every game engine competitor is worse”
“Jensen is playing 4D chess while AMD is still trying to copy last year's homework”
“Berkshire is a diversified compounding machine with $200B+ in cash, pricing power across its businesses, and the world's best capital allocator. ARK is a speculation vehicle.”
“The S&P 500 is a basket of America's best businesses generating real earnings and dividends. Bitcoin produces nothing. If you offered me all the Bitcoin in the world for $25, I wouldn't take it.”
“Coca-Cola has been raising prices for 137 years. That is a moat. Peloton is a treadmill with a subscription — no pricing power, no switching costs, no moat.”
“Reddit is the front page of the internet with AI licensing deals and finally monetizing properly”
“Amex has the most affluent, loyal card network in the world — a toll booth on premium spending. PayPal is a commoditized payment processor losing share to Apple Pay.”
“The short end pays you 5% to wait while long bonds get destroyed by sticky inflation”
“Chevron generates enormous free cash flow, buys back stock, and the world needs oil for decades. SolarEdge faces margin compression, inventory gluts, and subsidy risk.”
“Movies aren't dead, AMC's debt restructuring is working, and the shorts still haven't learned”
“Japanese sogo shosha trade at single-digit P/Es with fortress balance sheets and commodity exposure. European luxury trades at peak multiples on aspirational demand that fades in a recession.”
“UnitedHealth is a machine that prints healthcare profits, CVS is an identity crisis with a pharmacy”
“Apple's installed base of 2B+ devices creates the strongest ecosystem lock-in in history. Snap sells ads to teenagers with no moat and no path to durable profitability.”
“Tesla's got FSD, Optimus, and energy storage — GM is still making Malibus”
“Arqit's quantum encryption is going to be mandatory for every government and bank”
“D-Wave is the only quantum company with actual commercial customers using their machines today”
“Apple's services revenue is a money printer and the Vision Pro ecosystem is just getting started”
“New CEO Brian Niccol is the turnaround king from Chipotle, Starbucks is about to cook”
“Kraft Heinz owns brands people actually buy — ketchup, mac and cheese, Oscar Mayer. Beyond Meat is a science project burning cash with declining demand. Brand loyalty beats food trends.”