Sam

[Sam @Sam112480]

@charliebilello What’s the price to sales with this year’s sales or next year’s sales number? Might be a good idea to update this chart :)

[Sam @Sam112480]

@FransBakker9812 If you can buy it not sure how deep the moat is? 🤔

[Sam @Sam112480]

@realroseceline Thanks I will prob need it 😂

[Sam @Sam112480]

@realroseceline DM me when you are free and interested to know my assumptions :)

[Sam @Sam112480]

@realroseceline You can’t but you can make very reasonable assumptions, like Buffett said you don’t need to know how big the elephant is you just need to know it’s big. In stocks nothing 100% predictable, you are making a bet for 5-10 years even with businesses like Meli and Dlo

[Sam @Sam112480]

@Agrippa_Inv @FransBakker9812 From grok: For context, they ended 2025 at ~$1.25 billion ARR (exceeding prior guidance), with 2026 full-year revenue guided at $3 billion–$3.4 billion (reflecting the ramp-up timing, as ARR is the end-of-period run rate while revenue recognizes over time).

[Sam @Sam112480]

@marketplunger1 Wasn’t the bet 5 years? So you still have 1.5 years no?

[Sam @Sam112480]

@CapexAndChill Could you write a substack article on $APP? Does gaming concentration on supply side concern you? I question why would a gamer care about some SMB products such as cookware or skin products? Would they be able to expand MAX to non gaming apps such as fitness, dating etc?

[Sam @Sam112480]

@LongHillRoadCap @Venmo @VenmoSupport @PayPal @AskPayPal Why not use Zelle Andrew? I stopped using Venmo long time ago

[Sam @Sam112480]

@ClassicValueInv @grok who is this and where is the full interview

[Sam @Sam112480]

@BillAckman @elonmusk You have the tech, but you have no loyalty since you have never owned Tesla shares.

[Sam @Sam112480]

Really good episode, you feel the curiosity, humility and passion of @rumipartners in the conversation! Hopefully we will meet again in Brk :)

[William Green @WilliamGreen72]

I'm excited to share this new episode of the #RicherWiserHappier podcast: a rare interview with hedge fund manager Nima Shayegh (@rumipartners). This conversation was a delight for me because Nima is so thoughtful—not least, on the subject of his legendary mentor, Lou Simpson. Listen or watch: https://t.co/Q79jkESDLn

[Reads with Ravi @readswithravi]

James Clear: The ability to bounce back quickly is a key skill in life.

[Sam @Sam112480]

@marketplunger1 @AlderLaneEggs @CliffordSosin Cvna joining sp500, $450 and $50 to go :)

[Sam @Sam112480]

@mjmauboussin And what about the optionality new inference use cases from these customers such as humanoid robots. And if the AI trend continues maybe there are other use cases.

[Sam @Sam112480]

@mjmauboussin Prof @mjmauboussin thank you for sharing your experience and knowledge with us last night. It was very a great conversation and I truly enjoyed it. I just have couple of comments on base rate and business fragility.

[Sam @Sam112480]

@mjmauboussin Prof Johnson said nvda business is fragile cuz the top 5-6 customers comprise of 80% of its revenue, but what about companies that are lining up behind these 5-6 companies and couldn’t get orders due to current bottlenecks of chip production from t

[Sam @Sam112480]

@mjmauboussin you said normal business grows at 6% per annum and OAI needs to grow 100% for 5 yrs to meet their target which is 7-8 standard deviation over. My Q is should we look at OAI as a normal company? If not shouldnt we compare it with companies that are on the inflection of the S curve

[Sam @Sam112480]

@Agrippa_Inv @Surgeoninstocks Same here thank you! Curious to hear your thoughts now that Iren seems to be pivoting to a coreweave model, do you think it’s a good strategy or colo is better or they can do both? Thanks