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The Free Letter · No. 1
Is the AI trade over, or just repricing?
The first Free Letter follows a sharp selloff in semiconductors. The question is whether AI earnings expectations have weakened, or investors are paying less for forecasts that still hold.
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Investment framework ·
Staying Rich Is a Solved Problem
The index is the bar every pick has to beat, and it’s also where I’ll park the money once I’m done climbing.
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