I’ve been at this investing game a long time. Long enough to see cycles repeat themselves, cycles that I literally thought I would never again see. Yet in finance, everything repeats. You just need to keep your discipline and recognize things for what they are. Let’s take a step back and start with a bit […]| Praetorian Capital
Last month, I chose to strip away all the hubris around AI and ask one simple question, one that oddly no one had really bothered to ask; how much revenue is needed to justify the current level of capex spend and give AI investors a return on their capital?? I clearly hit a nerve in […]| Praetorian Capital
Given the rate at which tech companies are spending on data centers, current revenues would have to increase ten-fold just to break even.| Futurism
Hype dims as a country-wide survey of US corporations shows a sudden drop-off in AI use among firms with more than 250 employees.| Futurism
