@DDBlakeFischer I think Home Depot is interesting but I don't understand the business well enough. It is a behemoth. And I don't like the homes theme personally
GPUs HAVE undoubtedly accelerated them. I agree 200b was overkill on near-term profit optimization, but now they own the infra and won't be compute constrained as they test into adjacent ai surface areas like chat, manus, etc
@grok to what extent do GPUs drive meta's increased topline rev due to higher ad relevance
I get that these insane candles look like dotcom, but it’s also rational behavior for companies benefitting from a massive tailwind to re-rate meaningfully and quickly when they show proof points.
It’s not all speculation and euphoria.
And still: many of these names may need to fall a bit before they continue to rise. I personally would not own SanDisk here after the last re-doubling. I do think Dell showed that it deserves a massive re-rate.
Let’s talk $PSUS
This is a concentrated portfolio of large cap public companies trading at a 30% discount to NAV.
Seems like a very wide gap for a basket of high quality businesses…
Would think this has to close to ~10%?
@P_Remarks Brutal ride, this company. Sustaining the growth through a pretty seismic quarter with regard to agentic engineering is reassuring, but man they suck at capital allocation
@DDBlakeFischer Yeah I even used the product… it’s good but I only paid like $5/mo for a remote PC so didn’t seem like a great biz
I think they have the right infrastructure and chip supply to now lean more into b2b and grow but not sure about this run up
Claude told me to use DigitalOcean to run a headless agent I built.
Went to buy some. Figured it was a casualty of the software selloff. Nope. Sheeeeeesh welcome to the Claude effect...
$DOCN