JLP retweeted
Why is the overall market so fixated on $CRWV's imminent demise?
At the peak of the Dot Com bubble, $CSCO - the largest company in the world, and the $NVDA equivalent of the era - generated about 10% of its revenue from circular deals through vendor-financed startups.
When those startups lost access to capital, $CSCO's revenue growth went from +66% to -30% within a few quarters, and the stock lost 80% of its value. The same story played out across the dot com supply chain, sending the Nasdaq down 80%.
Today, $CRWV alone makes up roughly 8% of
$NVDA GPU sales. Losing that demand is enough to nuke $NVDA's growth story all by itself.
Oh, and $CRWV isn't an isolated example - every major neocloud is hemmoraghing cash and borrowing costs are going UP across the board.
If you lose the neoclouds, you lose the incremental growth driver for marginal data center capacity, and the AI capex trade goes up in smoke.
That's why we're seeing carnage across the entire AI supply chain, from $CAT and $GEV to $MU, $AVGO and more recently $NVDA.
This is what the beginning of the end of a debt-fueled, circular-financed capex bubble looks like.
JLP retweeted
I watched Charlie Kirk get murdered.
So no, I won’t be voting for a Democrat.
And no, I’m not sitting out the midterms.
JLP retweeted
BREAKING: Nearly half of the girls cross-country team in Camas, Washington, just forfeited their race. They refused to compete against a boy. This is bravery. Vote YES on I-638 to stand with them. Video: @KnownHeretic
JLP retweeted
If Ilhan Omar actually gets charged with immigration fraud, denaturalized and deported, it will energize the MAGA base like nothing else could.
This is what we voted for and we’ve waited long enough. Just do it!
JLP retweeted
Attention Young Men:
I am surrounded by 20 year old girls in my life that are smart, capable, hard working and cute. Nobody is dating them. Not sure what the deal is, but I don’t get it.
Step 1: Stop playing video games
Step 2: Head to great clips and get that lettuce cleaned up
Step 3: Hit a shower (when dating hygiene is critical)
Step 4: Go clean your car
Step 5: Sign up for a yoga class
Step 6: Go to the yoga class
Step 7: Ask a cute for her phone number at yoga class (yes you can meet girls IRL and not just on the apps - 10/10 the Dirt Dog highly recommends)
Step 8: Follow up within 2 days with a phone call and ask them out for this coming weekend Friday or Saturday night.
Step 9: IMPORTANT - come up with a good game plane for date night. Get a dinner reservation, get an activity planned. Let them know in advance what you are doing so they can dress appropriately. I know you are gunna roll off the couch and head to date night, but they are not. They are going to stress about what to wear and call at least 6 different people on FaceTime to ask their opinion.
Step 10: I highly recommend you bring flowers to the door step. I’m not covering that you go to the doorstep, because if you don’t do that you have no hope here. Women want men to date them. You don’t need to break the bank on flowers. Head to Trader Joe’s. Grab 2 different kinds of flowers. If you don’t know what matches find the closest looking lady to your mom at TJ’s and ask her. Wrap the 2 flowers into 1 bouquet with paper. Bonus Points you can cut open a TJ bag and use that as the paper.
Step 11: Be a gentleman on the date. She isn’t there to hear your life story. Ask her about her. For every 1 question you answer, ask her 3. Open Doors, pay for the meal, be polite.
Provided you follow most of this guideline you are highly likely to get yourself an opportunity for date number 2.
Keep going until you find someone that you can’t imagine not being around all the time. That’s when you have found a good one for you.
My life is complete with my wife as my companion. I wish you the same fortune in life. Happy Hunting.
JLP retweeted
You see some sad stories delivering food . I delivered a chicken and dumplings from Dairy Queen to an 87 yr old widow at 10 pm last night. Her gas was off so her stove didn’t work . She was living a minimum existence alone . I talked to her for about 20 minutes I got her name and address and my daughter got a church this morning to get out to help her out. She wasn’t complaining she just didn’t know what to do.
JLP retweeted
He knew what he was talking about! In 1974, Robert Welch, founder of The John Birch Society, warned about the globalist plan to destroy America, in a speech which has since proven to be remarkably accurate.
JLP retweeted
My husband, @mattvanswol has been locked out of his X account for refusing to delete a post he made this morning.
X locked his account for “abuse and harassment” which of course, he did not do.
In fact, he did the EXACT OPPOSITE and stated how horrible the video was and how awful it was to watch.
How can we “be the news” if we cannot post the news without being forced to delete it?
This is wrong.
People should be allowed to see the content Matt posts, regardless of whether it is hard to watch or not.
Personally, I often find it really difficult to watch some of the content Matt posts because it is so horrible.
And that’s exactly the point.
People need to KNOW things like this are happening… because without people like Matt, so many stories would not be national news and catalysts for change.
@x and @elonmusk please fix this.
JLP retweeted
Peter Lynch quit his career at 46. He was at the top. At Fidelity, he had grown the Magellan Fund from about $18 million to about $14 billion.
Over 13 years the fund returned about 29% a year.
He was not tired of stocks. He was tired of missing his life. He worked six or seven days a week, often 12 or 13 hours a day, and visited hundreds of companies a year.
He had three young daughters. His father had died of cancer at 46, when Peter was ten. When Lynch hit the same age, the math of a life suddenly felt short. He said he wanted the next 21 years to be different from the last 21.
At the age of 46, Boston magazine put his wealth at around $25 million.
He is 82 now. His current wealth is estimated at around $500 million.
He and his family have also given away a huge sum of around $200 million through the Lynch Foundation, into education, health, culture, and Catholic causes.
What has he done after quitting his career 36 years ago?
He never ran outside money again. He stayed at Fidelity as vice chairman, a few days a week, teaching younger analysts.
He wrote more, spoke now and then, and spent much of his time with family, giving, helping charities manage their money, and living a private life.
He still invests his own money. He does not publish a scorecard. He once said he has completely stopped calculating his returns. He no longer cares.
That is the rare part. Most achievers leave when the edge is gone. Lynch left while he still had it.
JLP retweeted
Look, I know...perma-bear blah blah blah.
But this is crazy stuff.
There are 2 days in history like today, when the S&P 500 $SPY rallied at least 1% to within 1% of a new high, and more of its stocks fell to new lows than highs.
• Jul 23, 1929
• Dec 21, 1999
We've never in almost 100 years seen breadth this bad.
The S&P $SPY is knocking on new highs but there are (many) more stocks at lows than highs.
The percentage of stocks in long-term uptrends is plunging.
The only remotely similar setups were January 1973 and November 1999.
