October 16th, 2025 >>OpenAI has 2 kinds of dealmaking — and they’re lopsided >>TSMC profit surges 39% to beat estimates and hit yet another record on AI chip demand >>US Retail Sales Likely Rose in September; Higher-Income Consumers Drive Growth >>Big Changes Are Coming for 2026 Medicare Plans. What You Need to Know.
News & Perspectives 10.15.25
October 15th, 2025 >>‘Absolutely’ a market bubble: Wall Street sounds the alarm on AI-driven boom as investors go all in >>IRS unveils higher capital gains tax brackets for 2026 >>Governments are spending billions on their own ‘sovereign’ AI technologies – is it a big waste of money? >>You’ll soon be able to shop Walmart from ChatGPT
News & Perspectives 10.14.25
October 14th, 2025 >>Economists Mark Up US Growth Forecasts, See Tepid Job Gains, Survey Shows >>JPMorgan Chase tops estimates as trading revenue hits a record of nearly $9 billion >>AMD and Oracle announce agreement for 50,000 GPUs as AI deal spree continues >>Larry Ellison’s Latest Gambit to Keep Oracle on Top Is His Biggest Bet Ever
News & Perspectives 10.13.25
Investing In Data Centers
September 2025 Client Letter
Last month, I drove my son to Gainesville to begin his junior year at the University of Florida. Moving into the fraternity house began with an introduction to a black box mounted beside the front door. It was a newly installed contactless entry system powered by near field communication (NFC). The brotherhood simply tap their phones near the reader to gain entry.
News & Perspectives 9.23.25
Investing in an Era of Disruption
August 2025 Client Letter
In an age of constant media churn, politics often dominates the news headlines. For investors, this sometimes makes it challenging to separate fact from opinion or find a clear, nonpartisan view of what’s really happening. Many are understandably frustrated when one network reports a story one way, only to hear a completely different take on another. This kind of polarization can make it harder to invest with confidence.
News & Perspectives 8.21.25
News & Perspectives 8.18.25
News & Perspectives 8.5.25
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