One has to hand it to Meta founder/CEO Mark Zuckerberg for commitment to a strategy. Especially in his quest for global AI Talent for his massive AI ambitions this AI Tech Wave. He’s been singular on his focus on investing hundreds of billions in...

Today’s theme is “The Best Laid Plans of Mice and Men” — the immortal line from Robert Burns’ 1785 poem “To a Mouse,” reminding us that no matter how carefully one prepares, unforeseen events can almost always disrupt the initial goals. I want to dig...

Markets SpaceX ($SPCX) stock is well off its highs. (futurism.com) SK Hynix has topped Samsung to become South Korea’s most valuable company. (wsj.com) Strategy Don’t kid yourself. You are not going to get rich calling market tops and...

Also SpaceX bonds, sports alt data, Stretch and selling high.

Podcasts Ben Johnson talks semiliquid funds with Brian Moriarty and Jack Shannon. (morningstar.com) Peter Lazaroff talks with Cameron Passmore of PWL Capital about the importance of scale in firm building. (peterlazaroff.com) Kyle Van Pelt talks with...

This was my first Father’s Day without my dad.  It’s been two months since he passed at the age of 99 after a brief illness. Today would normally be a day I’d drive down to have lunch with my parents.  We’d probably be talking about the Knicks...

It’s been over a week now that Elon Musk managed to launch his SpaceX/xAI IPO as best as he had planned it this AI Tech Wave. Now that the market is focused on the two mega-AI IPOs left, Anthropic and OpenAI later this year, the discussion of course turns...

The Weekend RipHappy Weekend! Last Week 🎢: Stocks spent the holiday-shortened week bouncing between Iran relief and a Fed that put rate hikes back on the table, with tech leading Thursday’s rebound. Intel and Amazon fired up custom chips, while...

Here’s a preview of what we’ll cover this week:  Macro: Inflation Is a Choice; A Solid Economy and a Stable Job Market Markets: The Market Passed Every Test; Rotation Ahead; Where Are Fund Managers Headed?; The Death of Nvidia Is Greatly Exaggerated;...

Markets The speed of the move in semiconductor stocks is stunning. (howardlindzon.com) Markets (and the world) just seem to move faster these days. (downtownjoshbrown.com) Finance Why Jane Street is betting big on AI. (wsj.com) Bain Capital’s buyout...