Good morning… We dropped another episode of The Howard Lindzon Show with Michelle Steele. I start by discussing some major upgrades to Stocktwits including overnight pricing on the charts, lightning-fast earnings summaries powered by AI, and a...

I’ve long-repeated in these pages, that my thirty plus years as a technology analyst, have all been a dress rehearsal for the AI Tech Wave ahead. Especially when it comes to judging IPOs of the AI type vs other past tech types. Up and down the AI Tech...

Strategy It’s naive to think publicly available data will help you pick stocks successfully. (ritholtz.com) Joe Wiggins, “If you want to understand how an investment team behaves, you really want to know what it measures, how and...

Books An excerpt from “Choose Wisely: Rationality, Ethics, and the Art of Decision Making” by Barry Schwartz and Richard Schuldenfrei. (behavioralscientist.org) An excerpt from “Smitten: Romantic Obsession, the Neuroscience of Limerence,...

I’ve been an anti-consensus optimist on Apple’s AI opportunities being ahead of the company. Against a consensus view on Apple being ‘behind’ its big tech peers on AI. Despite the same peers investing over $700 billion in AI capex this year alone....

Markets People are finally waking up to international stock outperformance. (awealthofcommonsense.com) Apple ($AAPL) is trading on its own relative to its peers. (bloomberg.com) JP Morgan JP Morgan Chase ($JPM) keeps opening up new retail locations....

Podcasts Barry Ritholtz talks with Doug and Heather Boneparth, authors of “Money Together.” (ritholtz.com) Have you read “The Millionaire Next Door”? Mike Hobbes and Peter Shamshiri have. (podcasts.apple.com) Peter Lazaroff talks...

Regular readers know I’ve been a long-time enthusiast for India’s opportunities around AI. Have written about it consistently, up and down the AI Tech Stack. I’ve discussed the opportunities of US tech and AI leaders in India ranging from Apple to...

Markets Dollar bearishness is pretty high, all things considered. (ft.com) Big Tech is issuing bonds hand over fist in 2026, (axios.com) Shrinking share count is a global phenomenon. (snippet.finance) 90% of global bonds trade below 5%....

Retail investors The type of stocks that retail investors favor. (alphaarchitect.com) Evidence shows that retail investors just aren’t that great. (morningstar.com) Companies Do index funds increase corporate...