$META just agreed to a new $10B cloud contract with $GOOGL.

Financial media will probably read this and conclude “Oh no, $META is pulling back on all non-AI spending. Only money left for AI. Time to panic.” 😜

I think a good test of a healthy attitude towards investing is arguing with someone who is short a company you own, keeping the debate entirely professional & amicably parting ways at the end. Disagreement is inevitable. It shouldn’t make enemies. It should make markets.

$MELI launching its credit card in Argentina. Follows ramping fulfillment and overall growth investments there as the macro backdrop continues to brighten.

“I can’t believe these morons with their SPACs are going to make me hike rates again. Why am I not on a beach with a corona right now?”

“I can’t believe these morons with their SPACs are going to make me home rates again. Why am I not on a beach with a corona right now?”

Readers: Still a few bugs we're sorting out but web migration is mainly done. We need to fix the Discord onboarding process before sending out instructions. Hopefully by tomorrow. Not working well enough right now & I want to make it seamless. Appreciate your patience.

$META: “We just spent a ton on new AI talent & need to pause hiring for a little while to organize everything & position the new teams for success: Financial media: “Hiring freeze. AI is so over. Time to panic.”

The forward multiples for $DUOL are inaccurately listed on social media more than any other company I can think of.

Man… Today must have been what 2008 felt like. (101% kidding)