MST401k

Investment with Commentary. Best in dark mode.

[✞ Richard ✞ @Richard_gh1]

Three most important events:

[Possum Reviews @ReviewsPossum]

Last night, I read the entirety of C.S. Lewis' The Screwtape Letters. It's a novel told in the form of letters written by a demon to another demon instructing him on ways to manipulate his "patient" to do evil.

This one quote sounded familiar.

[st1ne @SolSt1ne]

David Siegel was programming supercomputers at age 12 at NYU. By 40 he co-founded Two Sigma - $60B AUM, no retail clients, no marketing, almost no interviews.

At MIT - his alma mater - he sat down with the Dean of Computing and said: "The hype is absolutely remarkable. I've never seen anything quite like it."

He still believes machines will outperform any human investor. He built his $8B fortune proving it.

↓

30 minutes. MIT. Bookmark it.

[MST401k @MST401k]

His secret? He correctly predicted the supply chain bottleneck in cocktail weenies.

[unusual_whales @unusual_whales]

Fired JPMorgan employee who claimed wrongful termination over $642.50 'Super Bowl' deli platter awarded $4 million, per NYP

[Jukan @jukan05]

I wasn’t planning to share this, but it’s such a high-quality explanation of CPO that I have to.

Just watch it. You’ll regret it if you don’t.

https://t.co/Z5M3TvHH2B

[Steve Stewart-Williams @SteveStuWill]

"The humanities are the most left-leaning field, followed closely by the social sciences and the life sciences. Even fields sometimes painted as right-wing - such as business and economics - actually lean left as well, just less so than the rest."

https://t.co/3TCZW5Y1T7

[☠️ Reaper ☠️ Capital ☠️ @ReaperCapital]

everything ever is a scam

[Ronnie Adkins @RonnieAdkins]

I’d once again like to remind everyone that IPAs are carbonated dirt water fermented with grass clippings.

Have a great day.

[Evan 🏛️🪶🌹 @Grand_Ole_Evan]

I don’t think people realize what an existential threat to civilization this is.

[Elon Musk @elonmusk]

Free the political prisoners in Britain!

[amit @amitisinvesting]

Bill and Melinda Gates Foundation sold 100% of their Microsoft $MSFT position…

The guy who created Microsoft just had his foundation dump the entire stake, 7.6M shares.

Either he thinks Microsoft is over or he completely hates valuations in tech right now 😂

[JC Merlo @itsjcmerlo]

alright, here's the complete $BOT breakdown

*What it actually is*
- Closed-end fund (CEF) that listed on Nasdaq May 11, just 3 days ago
- Gives retail investors access to private humanoid robotics companies that aren't publicly tradeable anywhere else
- IPO'd at $10 per share in its private placement. that's the real NAV starting point.

**The holdings**
- Figure AI (largest position, Google/Embodied Gemini AI partnership)
- Apptronik (just closed a $935M Series A extension in March)
- Dyna Robotics
- Standard Bots
- Dexmate (got strategic investment from LG CNS)
- Path Robotics (signed MOU with HII military shipbuilding)
- GMI Cloud ($12B sovereign AI infrastructure initiative in Japan)
- Allonic, Coco, and others

**The brutal honest truth about the valuation**
The shares were originally sold at $10. Total assets as of February 2026 were $146.2M across roughly 19.65M shares. That puts NAV at roughly $7.44 per share.

**The bull case**
- Humanoid robotics is the hottest theme in the entire market right now
- This is literally the ONLY public vehicle for retail to own Figure AI, Apptronik, and these private names
- The hype cycle for this sector has enormous momentum with NVDA, Meta, and hyperscalers all pouring money in
- $RVI and $PS proved this "closed-end fund premium expansion" playbook works in a hot market

**The bear case**
- You are paying $29 for $7.44 of actual assets. that premium can collapse violently
- Already up +38% just today. you are buying the top of a 3-day old stock
- NAV is marked monthly, so there is zero transparency on what these private holdings are actually worth right now
- If sentiment shifts, this goes from 4x NAV to 1x NAV very fast. that is a 75% drawdown
- No liquidity history, tiny float, Puerto Rico domicile, one-year-old fund

The trade now is a pure momentum play. It works until it doesn't. The exit is the hard part because when this unwinds it will be fast and ugly.

[Diana S. Fleischman @sentientist]

In adults, limiting smartphone functionality to texting and calls and blocking all social media and mobile internet for 2 weeks significantly improved attention, self-reported well-being and mental health. 90% of participants experienced a benefit.

[Stock Talk @stocktalkweekly]

We’ve been in a historic tech bull market for the past 5 years & Cathie Wood’s flagship $ARKK fund is down -25% over that period. This is the same group that claims to be on the bleeding edge of next-gen technology research.

One of the worst investors in history. Embarrassing.

[Defiant L’s @DefiantLs]

Arthur Brooks: "There shouldn't be a classroom in America from kindergarten to PhD where you're allowed to use your personal devices"

"We're rewiring their brains to become lonely and depressed."

[Chris Koerner @mhp_guy]

This guy makes six figures driving people across a bridge they're too scared to drive over themselves.

He charges $40 cash. 10 to 30 clients a day. Some have been paying him daily for years.

He meets them at a truck weigh station, hops in their car, drives them across in four minutes, and gets driven back by his assistant to do it again.

The alternative route takes four hours through Baltimore.

Here's what's wild... and possibly a little concerning:
He said Airline pilots have used his service.

His wife even makes custom eye masks that say "I hate this bridge."

Steven Eskew has been running this business for years and has made tens of thousands of trips. I'll let you do that math.

There's a business for everything. I promise you.

[nicolas, 30 ans @nic_carter]

Again, UBI is here, it's just unevenly distributed. Right now, you can live handsomely if you live in a blue state and are willing to commit light fraud.

[Peter Mallouk @PeterMallouk]

College tuition is up 672% over the last 40 years.
Overall inflation? +198%.
This isn’t normal. This isn’t sustainable. This isn’t a good thing.

[Clark Square Capital @ClarkSquareCap]

What's your favorite special situation (spin-off, event-driven, divestiture, activist target, etc) idea at the moment? Any market cap, any geo, etc.

Explain why you like it + valuation.

I will compile the list and share.

To make it interesting, my favorite entry gets a free one-year subscription to The Special Situations Digest (SSD).

Please RT so we can get more responses 🙏

[Wonder of Science @wonderofscience]

The "Screaming Gummy Bear" chemistry demonstration involves dropping a gummy bear into a test tube of molten potassium chlorate (KClO₃), where the sugar reacts violently with the released oxygen producing bursts of flame and gas.

��️: DoktorKlawonn | CC BY 3.0