Bill Ackman is right.
- $META at 18x forward earnings
- $UBER at 16x forward earnings
Two of the strongest companies in the world, trading at no brainer levels.
Yet, people prefer owning unprofitable stocks at 100x sales because they are related to AI.
Never ends well.
INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.
This 1 hour Stanford lecture by Joel Peterson will teach you more about negotiation and getting what you want than most people learn in years.
Bookmark it and give it an hour, no matter what.
🚨 THE NEXT 72 HOURS. DAY BY DAY. BOOKMARK THIS.
📅 TODAY — May 13
→ Air Force One lands in Beijing with 12+ named CEOs aboard — Tesla, Nvidia, Apple, BlackRock, Boeing, Goldman Sachs, Citigroup, GE, Qualcomm, Micron, Blackstone, Cargill
→ Jensen Huang boarded during the Alaska refueling stop — last-minute addition
→ Trump confirms "many other" undisclosed CEOs also on the plane
→ The largest corporate delegation ever to accompany a sitting U.S. president touches down in China
📅 MAY 14 — Day 1 of Summit
→ Trump and Xi sit down for formal talks
→ The ask: Xi opens China's market to U.S. business — directly, officially, on camera
→ 12+ of the most powerful CEOs in the world are in the room or the building
→ Combined market cap of companies represented: over $10,000,000,000,000
📅 MAY 15 — Day 2 / Outcomes
→ Deal announcements expected — or silence that speaks louder
→ Every CEO on that plane needs something specific from Beijing: chip licenses, manufacturing access, supply chain agreements, financial market entry
→ If Xi says yes to even half of it, the trade war framework changes overnight
→ If Xi says no, 12 CEOs flew to China for nothing — and markets will price that immediately
72 hours. Every step has precedent. Every prediction has math.
Nothing like this has ever happened in the history of U.S.-China relations.
The outcome of this trip will move markets more than any Fed meeting this year.
Bookmark this. Come back May 15.
if you're not following me you're finding out about this 48 hours late from someone who read my post..
$NOW is down 18% after posting +22% YoY revenue growth.
The market thinks LLMs will replace software.
The CEO of ServiceNow disagrees:
• Building your own $NOW with an LLM would cost 10x more
• The company will double in the next few years
• It’s time to take advantage of these prices and buy
He bought $3M of shares at $105.
The stock is now at $84.
LLMs won’t kill software.
They’ll live inside it.
🚨 BREAKING
🇮🇷 IRAN JUST OFFICIALLY REJECTED ALL NEGOTIATIONS WITH THE U.S.
THE PEACE DEAL IS NOW CANCELLED, AND THE STRAIT OF HORMUZ IS FULLY CLOSED AGAIN.
THIS IS NOT GOOD FOR THE MARKETS...
Everyone's comfortable selling puts on stocks in a range.
Bloom Energy $BE — bouncing between $130 and $170 on the weekly. Easy money, right?
Until you zoom into the daily and see that gap at $113.
That's a 20% drop from here. One bad headline and your "safe" strike isn't safe anymore.
Are you pricing that in?