This acquisition, representing a mere 4.2% addition to the insider’s existing portfolio, is, shall we say, a subtle flourish. It lacks the audacity of conviction, yet possesses the intrigue of a carefully considered wager. The absence of directly held shares in this transaction is, in itself, a statement—a quiet declaration of preference for the shadows of indirect ownership.
Investors remain cautious, and rightly so. Beneath the veneer of record sales lies a considerable debt, a shadow cast by the recent past. Whether this momentum can be sustained is a question best left unanswered, for the future rarely conforms to our expectations. Still, one is compelled to ask: can Carnival navigate these currents and, once again, exceed the market’s indifferent gaze?
The market, of course, is a fickle beast, easily distracted by superficial gains and losses. Berkshire has lagged behind the S&P 500 (^GSPC 0.43%) since the announcement of the succession, a predictable reaction, a collective sigh of relief amongst those who believed Buffett was Berkshire. But to equate the man with the entity is a profound misunderstanding. It is to confuse the conductor with the orchestra. The music, potentially, can continue.
The Vanguard Information Technology ETF (VGT) has demonstrated particularly robust performance, exhibiting a 120% increase over the same three-year period, outpacing the S&P 500. This raises the question of sustainability and potential downside risk, particularly as we approach 2026.
The company speaks of capital expenditures, a sum—$115 to $135 billion—that threatens to swallow lesser enterprises whole. A mere accounting detail, they claim. But I perceive within these figures a desperate striving, a feverish attempt to build a fortress against the encroaching darkness of obsolescence. Susan Li, the CFO, speaks of “Meta Superintelligence Labs.” The very phrase chills me. Is this progress, or a descent into hubris?
There are those who chase the soaring eagles, the tech darlings. Let them. I look to the workhorses, the companies that have weathered storms for generations. The ones that haven’t forgotten the weight of a loaf of bread, or the cost of a clean shirt. These “Dividend Kings,” they call them. Companies that have raised their payouts for half a century. Fifty years of keeping faith with the men and women who entrust them with a portion of their meager earnings. It’s a rare thing, in this age of fleeting loyalty.
But fear not, for the fearless Barry Silbert, founder of the Digital Currency Group, emerged from the rubble with a grin wider than a Bitcoin whale’s wallet. He proclaimed the crash a “gift from the crypto gods,” because apparently, the gods have a wicked sense of humor. “Speculative excess? More like speculative ex-cess!” he chuckled, probably while sipping a crypto-themed latte.
The numbers, as they so often do, tell a story, though not always the complete one. Starlink’s subscriber base has been… insistent in its growth. Each year, it seems, the numbers cleave themselves in twain, repeating the pattern with a precision that borders on the uncanny. From a nascent scattering of connections in 2020, it has swelled to over nine million. The projections, whispered among analysts, suggest another doubling looms in 2026. It is a spring tide of adoption, lifting the entire vessel of SpaceX’s valuation. One wonders, though, if such predictable expansion isn’t, in itself, a kind of artifice. The natural world rarely adheres to such neat arithmetic.
First, we have the matter of ten drops. A most insignificant quantity, you say? Precisely! These drops, measured in the peculiar currency of the XRP Ledger (XRPL), represent the typical fee for a transaction – a mere 0.00001 XRP. Even should XRP achieve the extravagant price of $3, this fee would remain a trifling $0.00003 – a sum so negligible, it would scarcely register on the ledger of a particularly frugal mouse. Such economy, my friends, is a siren song to institutions seeking to move funds with a minimum of expense. They will, naturally, deposit these funds upon the XRPL, procuring XRP as working capital – a most convenient arrangement, wouldn’t you agree?
Nvidia (NVDA 0.72%). Let’s be honest, this is the least risky play. It’s a bit boring, maybe, but sometimes boring wins the race. I mean, it’s Nvidia. They’re practically printing money right now. The key? Agentic AI. Apparently, that’s the next big thing. Jensen Huang – that’s the CEO, for those keeping track – calls it a “new wave.” Sounds dramatic, doesn’t it? OpenAI, Google, all the cool kids are playing with it. So, yeah, Nvidia’s going to benefit. It just feels…inevitable.