Richard Shaer

[Richard Shaer @ricny]

@RadnorCapital GenAI is an equalizer - it boosts low performers more than high . Over the past two decades the Gini is flat and the bottom 10 % have closed the gap with the median, the 1% have pulled away, but it doesn’t automatically widen inequality for everyone else. https://t.co/KZ0lJZACW6

[Richard Shaer @ricny]

@yianisz Do you have more info on the differences between DLC-1 and DLC-2? Where did you find this out?

[Richard Shaer @ricny]

@AT09_Trader Can I ask why you're short SMCI?

[Richard Shaer @ricny]

As far as I can tell...
A company that has scaled significantly along with the AI infrastructure trend
10x revenue in 7 years by EOY FY26 (~$25B)
50-60% revenue growth in past 12 months
Market leader in HPC servers in their segment
Founder led company, with lots of related party transactions and close relationships amongst leadership
Scaled production well, process not so much
Got into an argument with their auditor, dug their heels in and lost (appointed a special audit committee, found no lack of independence)
At this point the damage was done - auditor quits, delays in regulatory filings, whole thing smells bad
Concerns about commoditization of servers and lack of competitive advantage not yet fully coalesced
Price action wholly disconnected from fundamentals
Shorts control the story for now... stock appears to be deep value if you can ignore the noise / FUD

[Richard Shaer @ricny]

@RadnorCapital Thanks for the response! I’m also a strong believer in $VRT and really appreciate your write-ups. - sanguine and comprehensive (amidst all the vol).

[Richard Shaer @ricny]

@RadnorCapital Do you have thoughts on $SMCI? The short report and the supposed red flags (much of which has been written about already) are old information that is not aligned with personal outcomes. Over the past weeks, listening to the CEO and CFO, who have repeatedly assured that revenue will not be restated, you have a company that is highly leveraged to the well established AI infrastructure growth trend, growing at frankly, maximum speed - aka capacity. To fund inventory and capex responsibly they need access to well priced working and investment capital, so they are taking as much time as needed to establish the required internal controls and procedures with their new auditors (EY) to be able to go to market with an IG grade debt offering. This is a company that’s part of the fastest growing segment of AI servers - neocloud and proprietary cloud - over the next 5 years. In short, the fundamentals of AI server demand are incredibly robust and SMCI is participating in this.

[Richard Shaer @ricny]

@AdamJWynne @mydigitalself Feta is to horiatiki as parmesan is to Caesar salad.

[Richard Shaer @ricny]

@gocurb is there an $18 minimum charge on curb taxis in NYC now? Check these two trips… 1 block vs 14 blocks. Both $18

[Richard Shaer @ricny]

@VerizonBusiness tried to call your help center for some relief for our small business during Covid-19. Received a resounding no - and that our contract supersedes anything that's happening out in the world. What are you doing for small business?

[Richard Shaer @ricny]

@212CPA Had a very good experience with Anil at 212 Tax and Accounting Services. Had quite a nuanced issue that required additional research. Anil was able to answer all my questions quickly and backed up with referenced documentation.

[Richard Shaer @ricny]

@LIFX Hello?

[Richard Shaer @ricny]

@LIFX Hi there - have gone through your support site, received an automated response (though no ticket #) - it's been over a week now - when will someone help me?

[Richard Shaer @ricny]

@BulgariaAir Have tried to contact your London number over 20 times, no response, what's the best number to call your customer service on?

[Richard Shaer @ricny]

@Airbnb a host cancelled on me today, the day I arrived in Russia with my 8 month old child, and the best your support could offer me was a place over an hour away from my original place. This is ridiculous.

[Richard Shaer @ricny]

@mujiusa tried to use Mujimail promotion in NYC - store told me I was trying to scam them... turned out to be a UK promotion - disappointed to be treated that way

[Richard Shaer @ricny]

@VirginAtlantic Yeah - that'd be great - I'm trying to check in and cannot - it says to contact agent because my flight was cancelled and rebooked and now it says e-ticket not issued... and I'm flying tomorrow

[Richard Shaer @ricny]

@VirginAtlantic just hit the 2 hour mark for being on hold. Aware of call volumes... but this is a bit much. Surely there's a limit?

[Richard Shaer @ricny]

Trying all sorts of brew methods... pour over, espresso and #candvimmersion

[Richard Shaer @ricny]

@elonmusk Getting worrying... any suggestions on the Cape Town water situation?