Markets A look at weakness in the Mag 7 stocks. (trendlabs.com) Why prices never land on fair value. (mrzepczynski.blogspot.com) Startups A look at the potential valuation of SpaceX at IPO. (sherwood.news) What happens when a CEF, full of startups, trades...

OpenAI founder/CEO Sam Altman is choosing to do more with less. Fewer consumer focused AI application endeavors. Especially ones like the two year old text to video, briefly viral, Sora App, with high AI Compute requirements relative to subscription and/or...

Books A review of “The Science of Second Chances: A Revolution in Criminal Justice” by Jennifer Doleac. (washingtonmonthly.com) Insights from “How American Children Became the Fussiest Eaters in History” by Helen Zoe...

Markets A history of stock market pullbacks. (awealthofcommonsense.com) If gold isn’t a safe haven, what is it? (ft.com) The market is putting pressure on Trump. (axios.com) Private assets Retail investors are kinda predictable....

Podcasts Peter Lazaroff talks markets and earnings with Sam Ro of TKer fame. (podcasts.apple.com) Christine Benz and Amy Arnott talk with Emily Guy Birken about the importance five years leading up to retirement. (morningstar.com) Michael Lazaroff talks...

I’ve written extensively of late on Nvidia’s AI roadmap for the rest of this decade as it transitions from its Blackwell AI CPU/GPU data center infrastructure to its multi-pronged, dense Vera Rubin, Feynman platforms and beyond. These CPU and GPU...

Strategy Joe Wiggins, “Availability [bias] isn’t generally about imaginary risks; it is about real risks being overstated because of how aware of them we are.” (behaviouralinvestment.com) Investors are like moths to a flame when it comes...

AI Tom Brakke, “AI bots can mimic what has worked in the past. Humans should bring something else to the endeavor.” (investmentecosystem.com) Jayant Gandhi, “Agentic AI does not eliminate accountability. It relocates...

View the video of this post here. This week’s post is sponsored by YCharts. YCharts helps advisors create clean, client-ready visuals that clearly show portfolio positioning, allocations, and how decisions align with long-term goals. Build...

Yesterday we discussed Elon Musk’s ‘stretch goals’ with ‘Terafab’ for his various companies SpaceX/xAI, Tesla and others ahead of a meta-IPO mid-year. And of course the AI Agent stretch goals for OpenAI and Anthropic for their own IPOs later this year....