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The company, a name not often whispered in the same breath as the tech giants, nevertheless commands a $4.3 billion business in providing the electrical infrastructure for these data centers. A substantial sum, certainly, though one easily lost in the larger narratives of innovation. One wonders, does anyone truly consider the fate of the power supply when contemplating the future of consciousness?

According to some SEC filing – because everything needs a filing, doesn’t it? – FSM Wealth Advisors decided they needed more BOND. More! As if they didn’t have enough. Now they’re sitting on 420,342 shares. Four hundred and twenty thousand! It’s like they’re collecting them. Is this a hobby now? And the value went up $3.83 million? It’s not just the buying, it’s the increase! It’s like the market is actively conspiring to make these people feel superior.

This decade’s illusion, if one may be so bold, is generative artificial intelligence. The capabilities are undeniably impressive, a mimicry of thought that touches nearly every industry. But the market, like a fickle lover, is easily distracted. Three companies, at least for the moment, appear to be favored. Whether this affection will endure is, as always, uncertain.

One must understand the program, not as a series of contracts and projections, but as a slow unfolding—a decade-long tide pulling at the shores of industry. The aim is not simply to revisit the moon, but to establish a foothold, a permanence. To build, not just to visit. And within this grand ambition, certain smaller vessels navigate the currents, unseen by the casual observer.

Currently, the market seems to be valuing GM at roughly seven times forward earnings. Seven! It’s a curiously precise number, isn’t it? As if some cosmic accountant decided that was the appropriate multiple. (One wonders what their accounting principles are. Do they factor in the heat death of the universe? The probability of alien intervention? These things should be included, surely.) Despite this, and despite consistently strong results, relentless share buybacks (which, let’s be honest, are just a company taking money from one pocket and putting it in another, but with slightly better tax implications), and expectations of continued growth, the stock remains… understated. One could argue it should be at $200 now, but let’s be reasonable. A five-year horizon seems… achievable. (Assuming, of course, that the laws of physics remain largely intact.)

The bullish amongst us are eyeing a larger prize, naturally. The question is, can this unstoppable force join the $1 trillion club within the next five years? It’s a bit of a lark, really, but a rather intriguing one at that.

One such fund, the Vanguard S&P 500 ETF, has, over the past decade, provided a striking illustration of this principle. A consistent monthly investment of $3,700, applied diligently from January 2016 through December 2025, would, by the end of that period, have yielded approximately $1 million. It is a figure that invites attention, and perhaps a degree of skepticism.

Okay, Ares Capital (ARCC 0.29%). 9.5% yield. It sounds… almost too good to be true, doesn’t it? Turns out, it’s a business development company, which basically means they lend money to companies that banks are too scared to touch. Middle-market companies. The ones that are actually doing things, but might not have the squeaky-clean balance sheets. And they’ve been doing it for 16 years, consistently paying – and even increasing – their dividend. Which, in this market, is practically a superpower. I mean, seriously, stability? It’s almost… unsettling. They’ve managed to keep their net realized loss rate around 0%. Zero! While everyone else is losing their shirts. It’s a bit like watching a magician. How do they do it? Diversification, apparently. 587 portfolio companies. It’s like they’re betting on everything. A little chaotic, but effective.