Well that wait for Meta’s AI punch wasn’t long. And it seems good enough. Let me explain. Meta has an opening bid. Nine months after its founder/CEO Mark Zuckerberg tore up the open source AI strategy around Llama, and went on a multi hundred...

Fund management Diversification is a shock absorber for Blackrock ($BLK). (wsj.com) Asset management is going to look very different in ten years. (philbak.substack.com) Prediction markets Joe Weisenthal and Tracy Alloway talk with Thomas Peterffy,...

Meta’s ‘Good Enough’ AI strategy, AI Inc’s cybersecurity as cover for AI compute ramp, and Anthropic’s new ‘all-you-can-eat” AI Agent pricing. That plus three more things that matter today in AI Ramblings Daily #51: AI DISCUSSIONS OF THE DAY: Meta’s...

Books Five insights from “How to Disagree Better” by Julia Minson. (nextbigideaclub.com) Five insights from “Hard Feelings: Finding the Wisdom in Our Darkest Emotions” by Daniel Smith. (nextbigideaclub.com) Companies Is Disney...

I’ve maintained for months now that Anthropic is aggressively executing on its AI opportunities ahead of OpenAI especially in the enterprise. As both race towards optimistic IPOs this year. The sibling companies are currently neck and neck, even though...

Goldman Sachs & Morgan Stanley data says AI jobs are modestly UP despite the fear headlines. That plus four more things that matter today in AI Ramblings Daily #50: AI DISCUSSIONS OF THE DAY: New models galore: Anthropic Mythos, OpenAI ‘Spud’,...

View the video of this post here. Weekly chart breakdowns. Big-picture market themes. Actionable insights. Subscribe to our YouTube channel HERE to separate the signal from the noise. The most important charts and themes in markets and investing… 1)...

Markets Some highlights from Q1 returns including a big move in energy stocks. (novelinvestor.com) Most investors come up with a theory and then look for evidence. (chartkidmatt.com) Pictures of the moon are quite a contrast to the mess here on...

Good morning everyone Before I get started… Come hang with me and some of the best investors I know in NYC at the NYSE on May 4th – link above – for the Cashtag awards. Next up….my finger is healing (going to be a long process) and I...

Podcasts Morgan Housel on how spend your money without spoiling your kids. (podcasts.apple.com) Christine Benz and Amy Arnott talk with Wade Pfau about the benefit of higher rates for retirees. (morningstar.com) Peter Lazaroff about what you need to...