The thing is, Sandisk isn’t just benefitting from our collective digital hoarding. It’s also, dare I say, cheap. Like, suspiciously cheap for a company fueling the AI revolution. It’s like finding a designer handbag at a garage sale – you immediately check for a hidden camera. But in this case, the only thing hidden is how long this good fortune can last. Still, while it lasts, it’s a good time.
Thus, we turn our attention to Realty Income (O +1.36%), a name whispered amongst the burgeoning ranks of those who partake in the modern exchanges, a favored holding, it is said, upon the Robinhood platform. This company, a collector of single-tenant properties, offers a dividend yield of 5%, a figure that, to the untrained eye, appears most generous. Four times the average return of the broader market, the S&P 500, it cries out for attention. But is this bounty genuine, or merely a fleeting mirage, a consequence of underlying weakness disguised as prosperity? The question demands a thorough investigation, for fortunes are won and lost not on the promise of riches, but on the accurate assessment of risk.
The pursuit of artificial intelligence dominance, a field now considered the sole arbiter of corporate viability, finds AMD trailing behind Nvidia, a competitor whose success appears less a result of innovation and more a function of… acceptance. The emergence of Broadcom as another contender only serves to further constrict the pathways to profitability. One wonders if the very notion of ‘competition’ is not merely a bureaucratic fiction designed to mask a preordained hierarchy. The management, of course, remains optimistic, issuing pronouncements of future success, but these statements feel less like predictions and more like mandatory affirmations, required for continued operation within the system.
Its market capitalization, too, has played its part in this tragicomedy, swelling to $1 billion before retreating to $941 million. Ah, the whims of fortune! Yet, this is no mere farce; it is a testament to the bullish fervor that courses through the veins of its adherents.
The transaction, revealed in a filing dated February 13, 2026, elevates Kiltearn’s stake in LKQ to 3.24% of their reported assets. A modest indulgence, perhaps, but one that speaks volumes about their faith in a company that profits from the inevitable imperfections of mechanical existence. One might say they are betting on the persistence of accidents, and really, what is more reliable than human error?
Both aim to capture the world, of course. But SPGM, with its blend of American and international holdings, feels… comprehensive. A sort of all-weather portfolio, perhaps. IXUS, however, is a more pointed inquiry. A deliberate attempt to seek growth elsewhere. One imagines the fund manager, gazing at a map, tracing lines to Tokyo, to Frankfurt, to São Paulo… a longing for something beyond the predictable.
They’re due to report their fourth-quarter earnings on February 19th, and the question, as always, is: should you buy? Now, I’ve spent a good portion of my career staring at numbers, trying to predict the unpredictable, and I can tell you with absolute certainty that predicting the future is, well, difficult. But let’s have a look at what’s going on under the hood.
These magnets, you see, are born of rare-earth elements – substances abundant in the earth’s crust, yet frustratingly elusive in concentrated form. Mining them is merely the first act in a rather elaborate drama; refining them into something genuinely useful is where the true artistry – and the true expense – lies. And it is here, in this realm of geological alchemy, that USA Rare Earth (USAR +1.81%) has chosen to stake its claim.
The bottleneck, you see, is not in the thought, but in the transmission. Imagine an endless procession of clerks, each carrying a single digit of a vast calculation. They jostle, they stumble, they lose numbers in the mud. This is, in essence, the problem of interconnectivity within an AI data center. The racks of processors, these metallic behemoths, require a swift and reliable means of communication. A nervous system, if you will, for the digital leviathan. And it is here, amongst the wires and the blinking lights, that a small, unassuming company called Astera Labs has begun to quietly amass a fortune.
Chime, you see, is one of those ‘disruptive’ fintechs. A polite term for ‘doing things differently.’ In this case, by offering banking services without the usual fees. Now, banks don’t generally like giving things away. It rather undermines the whole point of being a bank. So, Chime operates on the principle of attracting a vast number of customers, then subtly extracting value from their transactions. It’s a bit like a particularly clever spider, really. They call it “interchange fees”. We call it “the engine of modern commerce”.