The AIRS Revolutions are the biggest Revolutions in more than a century and that's going to be the primary story and driver of rates, economies, society, etc for the next 10-20 or even 50 years, IMHO.
I call my management firm the 10,000 Days Management Company because we are looking out 27.4 years into the future. We want to buy the companies creating tens of trillions of dollars in revolutionary economic activity and own them forever.
Look, you either have to believe Elon's on our side as shareholders of each company and accept that there are some conflicts of interest because he's got more control of one than the other, or you have to move on from both TSLA and SPCX.
In the midst of the post-dot-com bubble stock market crash of 2001, with Wall Street layoffs a weekly headline, Jim Cramer wrote an article that finished with a blurb about something like this...
My team and I personally go build our revenue and profitability profile (sorta like EBITDA, I suppose) model and often even make Bull Case, Bear Case and Base Case models for each company to get an even better sense of possible outcomes.
...but what was little noticed at the time was how hard essentially each of Situational Awareness’ largest positions got crushed into that whoosh down after their already big recent drawdowns of 50-70%.
Let’s talk about our Elon-related stocks and why we want to build these positions up again. To do so, let’s look at both the near-term and, of course, the long-term to try to appreciate just how huge the Revolutions they are driving will become.
I've taken to calling Cerebras/CBRS "Sea Breeze" like the 1980s face wash because nobody can pronounce Cerebras easily and the stock symbol itself could probably be considered dyslexic as it should probably be CRBS and not CBRS.
I'm headed to NYC with my wife tomorrow night, and I won't be writing up a big piece this week. That said, I did want to let you know that I've started a new position...
To be clear, I never recommend anything – I'm just telling you what I'm doing.
One of the most important tenets of Revolution Investing is that the most energy and economic efficient solutions always win out over time. Right now, the entire tech industry is locked in a consensus trade: AI Datacenter Bottlenecks…
The growth in the economy is tangible and the earnings/margin expansion is likely to be increasingly obvious in coming quarters as more and more companies slowly but surely implement AI solutions throughout their businesses.
