@rubicon59 I went through his portfolio last year and none of it made sense from a forward returns valuation perspective. Great if you held a bunch of companies that had multiple expansion but you can’t own companies irrespective of valuation
DJT: "I had a GREAT telephone call today with the head of the HORMUZ BARNACLE ASSOCIATION, and opening of the STRAIT may be at hand due to my TREMENDOUS negotiating skill. He assured me that his BARNACLES will start detaching from the hulls of ships IMMEDIATELY, and that the whole process of CLEARING THE STRAIT should be completed in ...2 days. CONGRATULATIONS TO ME! DJT
@DebraG_Robins I’d rephrase that, going to war with Iran and not preemptively seizing the straight of Hormuz has to be one of the dumbest decisions Trump had made
Spent Saturday morning on Q1 2026 investor letters.
Cut the macro noise; kept the good stuff.
10 high-conviction ideas, a few that could multibag from here.
Let's dive in🧵