City Gate - Markets and Businesses

commentaries on UK economy and the business that drives it

[City Gate - Markets and Businesses @AITranscript]

Fresh from the press. A new optical supply deal led by Amazon ($AMZN) with Corning ($GLW) as the supplier.

On the news, GLW is up nearly 10% in pre-market price action.

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AI scares buyouts. Capital allocators are not clear if SaaS business model will survive AI.

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@wolfejosh I think in addition, one could respect the fact that he may get there eventually, and still accept that the current version is not up to the acclaim.

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What you should aim to know is what are the important metrics for these companies. What moves the lever? What drives the most value?

And as I study more companies, I will be painstaking in answering this question.

[City Gate - Markets and Businesses @AITranscript]

Whenever I study companies for investing, I study just enough to gain psychological comfort to invest in it or not. You can’t know all about a company and you also don’t need to, you are not in the business of managing those companies.

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One begins to wonder if the UK is indeed serious about rejuvenating its economy. This interview might say, no it isn’t that serious about it.

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Elon Musk makes it hard to bet against him.

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@elonmusk Impressive! Congratulations Elon and all involved.

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@Beth_Kindig I like that perspective of tracking what the insiders are saying. Imagine Accenture reporting booking about $1 billion in revenue and Nvidia's revenue growth not slowing yet. Maybe there is a bubble element, that would be a feature, not a bug and AI effects are here already.

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Is brickmaking the right bet? This is what we will need to watch out for over the next couple of years.

It’s also a thing to note that the largest brickmaker has a valuation of less than a billion pounds. Worse, it reported a paltry £11.8m pre-tax profit in the latest filing.

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BlackRock has increased its stake in the UK’s biggest brickmaker from 5% to 12%. A bet on Labour’s government's ability to follow through on its plan to build 1.5m homes over the next 5 years.

https://t.co/GtLCiCrF08

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Great episode all together as I anticipated it would be. And I saved this to the last. The satisfaction John has in his journey so far. That’s what I love. By the way, he owns no yachts but spends on what matters to him. A complete mindset.

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I am dropping my note from @farnamstreet latest interview with John Bragg here. It’s an excellent episode.

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Focus is your biggest advantage, as a business, but also as an individual, I am a great believer in this.

[City Gate - Markets and Businesses @AITranscript]

@cope_jonathan @moseskagan I’m just listening to the episode now and it’s great.

[City Gate - Markets and Businesses @AITranscript]

I am dropping my note from @farnamstreet latest interview with John Bragg here. It’s an excellent episode.