Aurelius

Financial markets, tech, and ancient memes. In an era of commoditized intelligence, trying to find virtue. Apostle of properly calibrated Actio

[Aurelius @PrincipatusCap]

“So you believe AI will deliver deflationary growth and huge abundance that drives interest rates lower?”

“You’ve got it”

“And this will take all SaaS companies to 0 as they’re replaced by vibe coding?”

“Uh huh”

“And your fading the MAG7 because their spending all their FCF on capex to power the vibe coding?”

“Yes”

“But you’re also certain the semi cycle selling into that capex has topped and the sell side has Micron+Nvidia estimates all wrong?”

“Sure”

“Dont like the Neo-clouds either because they’re using debt to buy chips instead of FCF?”

“Thats right”

“So you think AI is the real deal and post terminator memes on X all day. But your largest portfolio position is a small Midwest industrial you think pops next quarter because the Street is missing a 200 bps gross margin expansion?”

“Thats correct, Dave”

[Aurelius @PrincipatusCap]

@lastsaskliner @AdamZivo @EricDLombardi School boards exist for a reason, but the teachers unions are wholly captured, ministry needs to be at least neutral or it’ll be crazytown

[Aurelius @PrincipatusCap]

We should fully expect that $IREN will announce a deal with @AnthropicAI right as they lose the mandate of heaven and everyone is maximally angry/bearish on them.

Irony is always the most likely outcome.

[Aurelius @PrincipatusCap]

Fully expect bitcoin:native to start rallying just as $IREN completes a big mining asic shutoff because irony

[Aurelius @PrincipatusCap]

As much as riding $IREN as a long term pure play would be great, it getting acquired by $SPCX would be an entirely rational and not terrible outcome

[Aurelius @PrincipatusCap]

We know Elon Musk isn’t in this for the money, but the marxists work overtime to convince us otherwise

4 million American children have signed up for the @TrumpAccounts

@elonmusk should donate 1 $SPCX share to every Trump account

[Aurelius @PrincipatusCap]

https://t.co/VRRQ24T4eK

[Aurelius @PrincipatusCap]

@Agrippa_Inv $IREN is to $SPCX 6 months from now, as $RKLB was to $SPCX 6 months ago.

[Aurelius @PrincipatusCap]

@patrick_oshag Legacy media’s claim to relevancy is reliable information/opinions that represent the mainstream.

But their employees are in their own bubble just like the rest of us. This headline would get a ton of upvotes on their favourite subreddit, as much as it horrifies the rest of us.

[Aurelius @PrincipatusCap]

@SenSanders Elon Musk and other rich seniors should also not receive Social Security benefits through means testing, right?

….right?

[Aurelius @PrincipatusCap]

@kinsellawarren Still old enough to remember that the Cons were never going to have a chance with Polievere as leader and their best strategy was to be nice to Mark Carney.

Legacy media becoming very reliable for inverse signal

[Aurelius @PrincipatusCap]

@KTmBoyle @SpaceX Beautiful

[Katherine Boyle @KTmBoyle]

If you can dream—and not make dreams your master; 
If you can think—and not make thoughts your aim;   
If you can meet with Triumph and Disaster
And treat those two impostors just the same;   

If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build them up with worn-out tools.

[Aurelius @PrincipatusCap]

$IREN setup looks very bullish, at a threshold where you need to get paranoid:

- Technicals are excellent, high beta but solid defined up trend range.
- Relative strength vs other neoclouds recently
- Compute macro thesis continues to get better
- SpaceX IPO marketing has focused heavily on datacenter compute, narrative tailwind
- Believe we have a Iran deal and rates will come down
- Anthropic IPO needs a vetted compute roadmap + $SPCX recent deals, think H2 2026 will be a upside surprise on $/MW

[Aurelius @PrincipatusCap]

Added $RDDT at $160 earlier today.

Now fully invested, both SpaceX and Iran getting materially better are both clearing events for commodities and equities to go higher on lower oil and rates.

[Aurelius @PrincipatusCap]

Added big $APP at $475
Added big $CDE at $16.3

[Aurelius @PrincipatusCap]

@antoniogm "Running herd over a writers room is really hard, I should have as much as the rocket guy" is something these guys actually think

[Aurelius @PrincipatusCap]

@EricDLombardi Your first mistake was taking this guy seriously. No one under 50 reads him, and his work can't survive without state subsidy. I'm not of the left, but it's clear your the future and he's the past. Pity him, his entire world is slowly melting away.

[Eric Lombardi (EricForOLP.ca) 🇨🇦🚀 @EricDLombardi]

This pathetic attitude is among the worst things about our political culture in Canada and I cannot reject it enough.

It gets cloaked in the language of progressivism but it is deeply cynical, ugly, and regressive.

Story time!

Growing up, I was hugely inspired by RIM (BlackBerry). It was one of the reasons why I wanted to go to Waterloo.

I thought it was so cool one of the most innovative companies on earth was an hour away from home.

In fact, my program, Nanotechnology Engineering, was able to exist in part due to the philanthropy of Mike Lazaridis, who funded the Institute of Quantum Computing and Nanotechnology (along with the Perimeter Institute for theoretical physics, which is a brilliant asset for the province and country). Balsillie, for his part, has spent tens of not hundreds of millions of his personal wealth on advocacy and institutions to make Canada a better place. But he too was castigated in our media.

Through high school, I saw how Canadas media took an axe to RIM founders (Mike and Jim), and basically cheered on the decline of the business against competition from Apple and Google.

It was a complete disgrace.

Well, in 2013 I got my second co-op job there, just as they rolled out BB10 (the QNX operating system). 6 weeks into my co-op, my entire department was laid off (Modems/Semiconductors).

Nearly every one of my colleagues ended up moving to the US. Some of the most capable talent on earth, poached in weeks. It was loss that was absolutely devastating to witness.

I have no doubt people like Bruce cheered on the spectacle, just like he would cheer the downfall of Shopify if it were to ever happen; despite the champion it’s been for the country, the thousands of good jobs it’s created, and all the spin-off businesses that have created huge wealth for Ontario.

Well let me be clear that I will have none of this nonsense.

[Aurelius @PrincipatusCap]

@Geiger_Capital Pun intended

[Aurelius @PrincipatusCap]

Clarifying debate on what path the left is going to take in Canada.

On one side: supposed intellectual/moral betters clinging to relevancy by leeching off state subsidies to spread crass demagoguery.

On the other: progressive, pragmatic builders with an optimistic vision for the future.

Rooting for Eric, but have to be open to the fact that we go down the darker path.

[Eric Lombardi (EricForOLP.ca) 🇨🇦🚀 @EricDLombardi]

What did I say that you actually disagree with?

As you just pointed out there are plenty of other reasons to dislike Musk.

We have an incumbent “intellectual” class that eschews debate, thinking, and nuance, and thinks politics is healthy when leaders do the same.

[Aurelius @PrincipatusCap]

Not much of a writer, but after the odious sentiments expressed about Musk's professional success and political views today, I want to be clear where I stand:

[Aurelius @PrincipatusCap]

https://t.co/VRRQ24T4eK