Books An excerpt from “The Making of a Permabear: The Perils of Long-term Investing in a Short-Term World” by Jeremy Grantham with Edward Chancellor. (barrons.com) An excerpt from “Quiet Brilliance: What Employers Miss About Neurodivergent...

We’re ending 2025 with the most extraordinary buildup of semiconductor chip powered AI Data Centers, with unprecedented amounts of Power to rev then up. So much of this year has been dominated by that AI buildup in the $400 billion plus range by the big...

Markets Long Western Digital ($WDC), short TradeDesk ($TTD) was the trade of the year. (barrons.com) The VIX is ending the year near its lows. (vixology.substack.com) A barbell in stock performance in 2025. (chartkidmatt.com) Finance The Korea Exchange has...

Good morning… I hope everyone here reading has a happy and healthy New Year. I’m off to Phoenix for New Years and going to tee it up with Max and friends tomorrow. Coronado has been spectacular over the holidays. Coronado is always great, but the...

Podcasts Thomas Kopelman talks with Cody Garrett about how to effectively manage your lifetime taxes. (podcasts.apple.com) Dan Harris talks with Mia Birdsong, author of “How We Show Up: Reclaiming Family, Friendship, and...

Meta buying AI Reasoning/Agentic company Butterfly Effect/Manus for $2.5 billion a few days before New Year’s 2025 was not on most people’s Bingo cards. Especially given the US/China geopolitical kerfuffles with ‘AI Space Race’ tinged policies around tech...

Keywords AI, technology, Apple, social media, devices, 2026, Moore’s Law, memory shortage, content creation, predictions Summary In this episode, Michael Parekh and Neil McWanna discuss the future of AI in 2026, focusing on key themes such as the impact...

Good morning from Coronado… I consider 2025 a great year. I turned 60 and Ellen turned 60. We are healthy and working hard to stay fit. Max and Rachel are also healthy and we have been focused on helping them live their best lives. I am not sure much...

Markets The stock market rarely experiences an average return. (fortunesandfrictions.com) When you invest matters more than what you invest in. (ofdollarsanddata.com) AI How Apple ($AAPL) differs from its Mag 7 brethren. (sherwood.news) Why Meta...

Round-ups A round-up of recent research including ‘Contemporaneous Causality between Global Stock Markets.’ (alphainacademia.substack.com) A round-up of recent research including ‘Volatile Rates, Fragile Growth: Global Financial Risk...