Generalist

My hurdle for artificial general intelligence: -sustained profitability in market -fix plumbing #AI

Made some movements in portfolio this week. Hopefully will find time on Sunday to write a short blogpost.

24% AWS growth in Q4 - fastest in past 13 quarters and staggering 200B capex guide for 2026, toping yesterday's 185B $GOOG guide. $AMZN

"At the beginning of WWII, for example, an estimated 70% of Germans looked favorably on Hitler. By the end of the war, interviewers had a hard time finding a single person who admitted to ever favoring the Nazis" - Bill Bonner

TRUMP: FEDERAL GOVERNMENT SHOULD GET INVOLVED IN ELECTIONS Gold to 10k..

Utiliies guy: "but it makes more sense to pay someone else not to run their chemical company, the refinery company, for 40 50 hours a year, rather than have the utilities go out and spend $10 billion connecting far away wind farms" Revenue not to run your business, imagine that.

TRUMP PLANS TO NOMINATE BRETT MATSUMOTO TO HEAD BUREAU OF LABOR STATISTICS, SOURCES SAY New BLS pick Brett Matsumoto seen as more conventional, apolitical appointment. BLS data *could* be seen as more real going forward. #US #BLS

Rittenhouse Reaearch: "So Microsoft $MSFT has 450 million paid 365 Commercial Seats and only 15 million paid 365 Copilot seats, implying 3% penetration for Copilot.. Not quite sure if this is bullish because of how much runway there is to upsell Copilot to the existing base of 450MM users.. Or bearish because it shows how bad their copilot offering is, lol." Two things answer the riddle: -comments under Satya's twitter financials release thread -$MSFT stock performance

That's the chart that scares $MSFT investors. ~45% of RPO is from OpenAI. Essentially market doesn't think OpenAI will .. pay, to say it softly.

Semi capex continues unabated. META SEES 2026 CAPEX $115B TO $135B, EST. $110.62B