Portfolio changes this week: -Sold out Reliance Industries GDR ($RIGD) at $55.5; incl dividend w/ marginal profit (~+3%) -Increased VAR Energi ($VAR) at 46.57 NOK -Increased $CME on weakness at $276.87 Couple of words on each below https://pbs.twimg.com/media/HJjZOBXXQAA4PJP?format=png&name=900x900 Reliance Industries did not show any strength on Iran-US MoU talks, no reaction to oil decline. Similarly to USDINR. Reliance Jio IPO is rumored to be postponed (waiting for better overall market sentiment). And as I mentioned. More here:

X (formerly Twitter)

Generalist Lab (@Generalist_Lab) on X

3/ $KSPI and $RIL expose me to EM currencies, and boy was this a beautiful lesson. On those who have energy when in matters, and those that don't. ...

Var Energi with $EQNR currently hold 11% portfolio exposure to cheap cost Norwegian oil. This is in part to replace petrochem Reliance parts; have energy exposure and solid dividend stream. Investment account tax regime and dividend yield reduce cost sensitivity $CME shines when volatility returns, which it will eventually. Weakness is from Coinbase launching perpetual futures. Will be watching the space, upcoming conference Current size is at margins of my comfort, given recent competitive developments and insider sales.

100% it's Kenneth Griffin "political efforts". His market marker Citadel Securities does ~25% of daily volume. Easing of rules puts retail at disadvantage, while market makers can take even more.

I'm so understudied on this great mind

Kevin Warsh after a 54-45 Senate vote has been confirmed as next FED chair. -richest chairman to date -conmections to wallstreet -prefers to change how inflation is measured -widely viewed as political appointee -new all time high S&P 500 today #FED Long Bitcoin..

After staring at a bunker wall, fucker said PUTIN: I THINK THE UKRAINE CONFLICT IS COMING TO AN END

Xiaomi launched EV business in ~5 years. Founder had driven 150 different models of cars and took detailed notes. He also made his management team take racing car driving licences. No wonder Marquees Brownlee's SU7 review racked 10M views in 5 months.

Nice call, @PeterZeihan. Little off on timeline, but so far it's been playing out as called a year ago. #IranWar #Oil

Block spent 636M to repurchase 10.7M shares during 2026 Q1. That's -5% of shares outstanding YoY. Remaining authorization: $4.7 Billion (!) Finally $XYZ. Finally.

https://pbs.twimg.com/media/HHvZ8NQXwAMEpj3?format=png&name=900x900 Recent moves: -Add new position $NRXS at avg cost $8.18 Borrowed conviction from microcap world. -Increased $VAR by ~12% at 43.47 NOK. Structurally higher oil prices 1-2yrs out, regardless of Strait outcome; sufficient dividend yield to weather even worse entries before -Irresponsibly and impulsively increased $NET by ~11% near ATH today before earnings. Recent earnings by $DOCN $DDOG $TWLO gave confidence we will see another quarter of revenue acceleration, which is always appreciated by market. Clear beneficiary of #AI; keeps expanding TAM

Lots of painful truths. #oil #IranWar‌

Hours after long talk with putin. More favours for his favorite dictator. #PutinPuppet

Trump approves idea to rename ICE as NICE — so media would have to say "NICE agents" "Ministry of Peace concerns itself with war, Ministry of Truth with lies, Ministry of Love with torture and Ministry of Plenty with starvation. These contradictions are not accidental, nor do they result from ordinary hypocrisy: they are deliberate exercises in doublethink" - George Orwell

Good one.

"Is it true that AI disruption is going to disproportionately negatively affect women and people who vote Democrat? [..] and if it is, why are we cool with that?" - Internal Palantir Slack message Yes, snowflakes, you ARE the baddies. $PLTR

Ars Technica

Palantir employees are talking about company's "descent into fascism"

Slack messages, interviews with current and former works paint picture of company in turmoil.

TIL: Brazil is running highest real interest rates in the world. Base rate stands at 14.75%, while annual inflation is hovering around 3.8% to 4.3%.

Based on recent Cloudflare annoucements (vinext, EmDash, Email Service), I get the feeling my ~20% $NET position is too small.

China exports deflation U.S. exports inflation

Great read on Block's Manager Bot capabilities and SaaS value proposition that's not priced in. Block is charting new waters with AI.

What Is It Like Sitting on the Edge of the Evolution of AI?

Square just announced ManagerBot publicly this week. I have been using it for weeks. Here is what it actually feels like to manage restaurants with...

$XYZ

Congratulations Hungary! Viktor Joban is out. Will take some time to clear out deep corruption roots left by Kremlins bitch, but new, brighter path for whole Europe can begin.

STATE DEPT: NIECE AND GRAND NIECE OF DECEASED IRANIAN MILITARY COMMANDER QASEM SOLEIMANI WERE ARRESTED BY FEDERAL AGENTS IN U.S. ON FRIDAY Stuff I'd like to see in Europe towards family members of ruzzian regime leaders.