Kobe Smith

[Kobe Smith @TheRealKobester]

I hope everyone is praying for Kobe Bryant’s family and his wife. We all need to be there for her and help her in anyway we can. Kobe wasn’t just one of the greatest to ever play the game, but an amazing father and icon to millions around the world #24❤️

[Mario Zelaya @mario4thenorth]

The Canada Pension Plan (CPP) has over 2,000 employees.

Top 5 managers, make more than $5 million per year.

They have never beaten the market.

Nevada has 1 guy. Who invests in ETFs.

Does nothing. All day.

And he outperforms the CPP.

Consistently.

For further context, if CPP invested in QQQ, for the last 10 years, instead of $800 billion in assets, we would have $2.4 Trillion.

VOO would put it at $1.6 trillion.

Lesson: The government will never outperform the market.

So don’t think the Sovereign Debt Fund will be any different.

[Kobe Smith @TheRealKobester]

@MrBeast Hi

[Michael S. Kim @Mike_kim714]

Thoughts from Bay Hill:

-I saw the Lochness monster on hole 6 Thursday. That was cool

-This week was super close from being a great week for me. I just couldn’t figure those greens out. I know my stroke is good but I had trouble reading the greens and the speed. I’m going to have to putt some extra work in on my putting this week.

-Bay Hill fits my eye very well especially off the tee. There’s a lot of right to left holes with trouble up the left. I was able to aim it at the right edge and hit my draw all day.

-The best my driver swing has felt in a long long time. I was able to work it both ways too which is going to be really important at Players.

-Played with Billy the final round and he’s always fun to play with. It genuinely feels like he’s also rooting for you to play well.

-Idk where the hill in Bay Hill is though haha

-Tough way to lose it for Berger but the dude is a killer. Not going to back down and showed it all well. Just amazing play from Akshay. I thought it was over after nine but incredible how he was able to just keep at it with a flourish of birdies.

-Onto the Players! Game feels pretty solid. I haven’t had much success here but this is the most prepared I’ve felt coming into this week. Why not us!

[Kobe Smith @TheRealKobester]

@Mike_kim714 @range_finance @Titleist Let’s gooo

[Michael S. Kim @Mike_kim714]

250k followers!

As thanks, I’m going to giveaway tickets to the MAJOR 😂 the Players Championship! plus some signed @range_finance hats and some of my personal @Titleist gear.

Must be a follower. Comment, like, retweet to enter.

[Kobe Smith @TheRealKobester]

@Mike_kim714 Mental game, how to not to self sabotage when things are going well, tips to stay more present, how to have a deeper self belief.

[George Noble @gnoble79]

This is insane to me.

Palantir just fell 30% and people are calling it cheap.

It's trading at 50 times REVENUES.

Not earnings. Revenues.

Let me tell you something:

Before the dot-com bubble burst, Cisco, Microsoft, and Amazon peaked at price-to-sales ratios between 30 and 50. Palantir blew past 100x at the top and people are calling a pullback to 50x a buying opportunity.

In what universe is 50 times revenues a bargain?

This one, apparently. Because an entire generation of investors has been conditioned to confuse price with value.

They're TWO DIFFERENT things.

Price is what you see on the screen. It tells you nothing about what you're actually buying.

A stock falling 30% doesn't make it cheap. It might still be wildly expensive.

And a stock going up doesn't make it a good investment. It might just mean someone is willing to pay more for trading sardines.

You know the story.

Big bidding war at the Tokyo fish market. Sardines keep changing hands at higher and higher prices.

Last guy opens the can, tastes one, spits it out. Wants his money back.

Seller looks at him like he's crazy.

"Those sardines aren't for eating. They're for trading."

That's what happened with a lot of this merchandise the last few years.

Palantir. ServiceNow, still trading at 60+ times earnings AFTER the selloff. The whole Mag 7 complex.

It all worked when liquidity was abundant and everyone was running the same playbook:

Buy the narrative. Ignore valuation. Let momentum do the work.

It worked the last 5 times. Then one day it doesn't.

I think that day is here. And I don't think this is a dip. I think it's a REGIME CHANGE.

Tech outperformed the market for over a decade. The US outperformed the rest of the world.

Large caps crushed everything. Much of it was justified. Relative price follows relative earnings. Credit where it's due.

But we went through a 40 year cycle of falling interest rates. And that's OVER.

The things most sensitive to liquidity, like high-multiple tech and Bitcoin, are struggling. The things sensitive to inflation and real growth are working.

Energy over tech. Commodities over crypto. Small cap value over mega cap growth.

They're all planets orbiting around the same sun.

The buy-the-dip crowd thinks this is just another pullback before regular scheduled programming resumes.

Palantir goes back to 125 times revenues. ServiceNow back to 20 times sales. The Mag 7 rips to new highs.

Maybe. But ask yourself this:

If the tide has actually turned, and you're still holding these names at these valuations, what's your margin of safety? Where's the floor?

There isn't one. Because when you pay 50 times revenues for a company, you're not investing. You're speculating that someone will pay 60x after you.

Meanwhile the Russell isn't the answer either...

40% of those companies don't make money. Small cap growth is still absurdly expensive.

The only segment that looks genuinely interesting is small cap value, and even there you have to do the work.

My playbook hasn't changed:

Own things where valuations make sense, earnings are growing, and the macro tailwind is at your back.

Energy. Commodities. Select small and mid-caps where the PE starts with a 1, not a 7.

The last shall be first. The first shall be last.

POSITION ACCORDINGLY

[Jammles @jammles9]

@CollinRugg @anticommie71 True

[Jinglai He 🇨🇦 @JinglaiHe]

10 years ago today, Canadians foolishly voted out one of their best PM's for an unqualified drama teacher, and the rest is history.

Trudeau divided Canadians, destroyed our economy, and shattered Canadian identity through his post-national state rhetoric.

Blunder of the decade.

[Kathleen Winchell ❤️🤍💙🇺🇸🇺🇸 @KathleenWinche3]

This is an expert sniper. He shares his opinion about the sniper in Charlie’s case.

[Konstantin Kisin @KonstantinKisin]

I hope I'm wrong.

But tonight feels like some sort of invisible line has been crossed that we didn't even know was there. The last time I felt like this was 9/11 when it was clear, without knowing the how and the what, that the world was about to change forever.

Like the rules of the game had been permanently altered and there was simply no going to back to the innocent, peaceful past.

I didn't feel like this when an attempt was made on President Trump's life. If I had to rationalise why I didn't, I guess it's because several US Presidents have been shot at and even assassinated. Somehow it was within the realms of the possible, no matter how awful.

But to murder a young father simply for doing debates and mobilising young people to vote for a party that represents half of America? This is something else.

Charlie's death is a tragedy for his wife, his children and his family. I don't pray often. I am praying for them tonight.

But I fear his murder will be a tragedy for all of us in ways we will only understand as time unfolds.

I hope I'm wrong.

[Kirk Lubimov @KirkLubimov]

Take note:

Canada's Prime Minister Mark Carney said nothing about the racist slaughtering of Iryna Zarutska and said nothing about the shooting of Charlie Kirk.

However, he does condemn the elimination of the Islamic Jihadists Hamas leadership.

Got it?

[Kirk Lubimov @KirkLubimov]

It just never ends 😮‍💨

Singh here came from India to Canada and on a temporary visa and made a refugee claim in 2021.

Instead of immediately deporting him, his deportation took all the way to 2025 to happen.

In the meanwhile, he met his wife in November 2024 and married her in January 2025 (🧐). His wife filed for his sponsorship, of course, so he doesn't want to get deported.

Justice Avvy Yao-Yao Go is granting his application stay in part because Singh's wife has ADHD and apparently, no one else can help her 🤦🏼

Absolutely ridiculous.

[Ryan Gerritsen🇨🇦🇳🇱 @ryangerritsen]

It’s also happening in Canada.
“The chains are invisible”

[Vesper @vesperdigital]

So let me get this straight! The Liberal Canadian Government would rather give Ukraine-$975M/Yr than to pay our postal workers a 13% wage increase-$338M so that we all get our mail and workers keep up with rising costs? Seriously!
Man our priorities are really messed up! 🤦‍♂️

[Kobe Smith @TheRealKobester]

@Martyupnorth_2 Agree

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

Hockey sticks are forbidden on parliament hill

But swords are permitted for some

How do you feel about this?

[Terrible Pics @TerriblePic]

Pratik Joshi had been living in London for six years. A software professional, he’d long dreamed of building a life abroad for his wife and three young children, who stayed back in India.

After years of waiting for due clearances, the dream was finally coming true. Just two days ago, his wife, Dr. Komi Vyas, a renowned doctor in Udaipur, resigned from her job. The bags were packed, goodbyes said, the future within reach.

This morning, the family of five, filled with hope and excitement, boarded Air India flight 171 to London. They clicked a selfie. Sent it to relatives. A one-way journey to a new life. But they never made it. The plane crashed. No one survived.

In a matter of moments, a lifetime of dreams turned to ash. A brutal reminder, life is terrifyingly fragile. Everything you build, everything you hope for, everything you love, it all hangs by a thread. So while you can, live, love, and don’t wait for happiness to start tomorrow.

Credit: theskindoctor13

[Maverick Alexander @MaverickDarby]

Donald Trump wants to use WHAT to enforce the border? Violent. Bizarre. Potentially unstoppable.
Unreal.

[unusual_whales @unusual_whales]

The typical Canadian pays 70% more income tax than the typical American, per the Hub