I realize it is insane but I bet they get this Anthropic has a very unique vision - the public wants an real AI IPO I've been trimming $SKM this whole way down basically as there are other things to do But, while I'd prefer they IPO at $1T, somehow I think they achieve this

ANTHROPIC PROPOSES $2 TRILLION VALUATION AMID UNCERTAIN IPO MARKET CONDITIONS

Perry Mehrling, RIP. According to the History of Economics Society, Perry Mehrling died "Monday night from injury sustained in a fall several days earlier." He was Professor of International Political Economy at Boston University and, previously, longtime Professor of Economics at Barnard College. He was a highly esteemed historian of economics. Here is his homepage: sites.bu.edu/perry/ His last book: "Money and Empire: Charles P. Kindleberger and the Dollar System" amzn.to/47RVhJ2 "Charles Kindleberger ranks as one of the twentieth century's best known and most influential international economists. This book traces the evolution of his thinking in the context of a 'key-currency' approach to the rise of the dollar system, here revealed as the indispensable framework for global economic development since World War II. Unlike most of his colleagues, Kindleberger was deeply interested in history, and his economics brimmed with real people and institutional details. His research at the New York Fed and BIS during the Great Depression, his wartime intelligence work, and his role in administering the Marshall Plan gave him deep insight into how the international financial system really operated. A biography of both the dollar and a man, this book is also the story of the development of ideas about how money works. It throws revealing light on the underlying economic forces and political obstacles shaping our globalized world." Charles Goodhart: "The discipline of economics is balanced, somewhat unsteadily, between two legs, with the skill of the historian on one side and of the mathematical modeler on the other. In the second half of the 20th century, the tide flowed strongly to elevate the second leg and to diminish the first. In this delightful biography of Charlie Kindleberger, a charming and loveable man, Perry Mehrling shows how Charlie, in his chosen role, as an international monetary economist, fought against that tide, often unsuccessfully. Perry writes so beautifully that one would only need a smattering of economics to enjoy the tale; while if one is interested in the history of economic thought in international monetary economics, then this book is, of course, a must read.' amzn.to/47RVhJ2

I think $CRWV is screwed It's an avoid - getting bullish on something else and the implication is that $CRWV is just dead money Not here to bash it but... its just the implications of something else I am researching at the moment

“The AI Slop of Hope” Free post. Enjoy. 🌳🙏 shrubstack.com/p/the-ai-slop…

While $META was clearly a buy below $600 - arguably it might still be a buy here I mean, what do we have, right now? Basically the best direct to consumer businesses, maybe only 2nd to Google No cloud business to distract its capital spend - sorry Google Probably its normalize earnings put the PE below 30 -- probably Huge cash flows still flowing in Its advertising growth was 28% in the last quarter? I mean, look at its funding stream for its AI business: Gross profit last quarter: $49.4 billion $31.8 billion in CFO Now, they spent $30 billion in capex - but keep in mind, if you think about this compared to Google, you see what I mean Google spent $22.4 billion in Q2 2026 capex but a huge amount of this is for their cloud business, aka, not internal work loads If the scaling laws are holding, $META is honestly in one of the best positioned