The analysts, those hopeful souls, anticipated $1.15 per share. Molson delivered $1.21. A small victory, perhaps, like finding a forgotten coin in an old coat pocket. But then, the sales figures. They aimed for over $2.7 billion, a grand ambition. They received…less. A whisper of a shortfall, barely noticeable, yet undeniably present.
The SEC filing, a document as dry and brittle as autumn leaves, revealed this new acquisition. Vision One, it seems, decided that the lubrication of engines and the maintenance of automobiles presented a sound, if unglamorous, avenue for investment. One imagines the partners, gathered around a mahogany table, debating the merits of synthetic versus conventional oil with the solemnity of theologians discussing the nature of the divine. The eleven million, four hundred and thirty thousand dollars, mind you, is not merely a number; it represents hopes, anxieties, and the faint scent of motor oil clinging to the balance sheets.
They picked up 248,749 shares, as of February 4th, 2026. The market, being the chaotic beast it is, valued that at around $12.7 million. It’s now a top holding, nestled comfortably alongside SPIB and a few other acronyms that probably keep someone in accounting awake at night. I’m looking at the chart – and yes, it’s going up. Slowly. Like a reluctant teenager being asked to take out the trash.
The reduction, detailed in the obligatory SEC filing, brings Vision One’s stake down to 363,358 shares, valued at $8.50 million as of quarter’s end. A shrinking footprint. They held eleven-point-three percent of the fund’s assets in Caesars; now, a mere four-point-seven-seven percent. One suspects a certain… re-evaluation. Not a panic, precisely. More a gentle adjustment of expectations. It’s as if they’ve decided the house always wins, and perhaps it’s best not to be too close to the table.
They call it the “Amazon of Latin America.” AMAZON. The name itself is a threat. But MercadoLibre… it’s got a pulse. A desperate, frantic pulse, but a pulse nonetheless. One share for two grand? Highway robbery, frankly. But the valuation… it’s almost reasonable. A P/E of 33? It’s a goddamn steal in this inflated bubble. They’re growing revenue by 30% or more – every quarter – for seven years. Seven years! That’s… unsettling. And they’re building a logistics network that’s actually, you know, functioning. They can deliver three-quarters of their crap within 48 hours. 48 HOURS! That’s… efficient. Too efficient. It smells of… something. But I’ll take it.
Interest rates are collapsing faster than a politician’s promises, and the global consolidation game is going into OVERDRIVE. Last year saw a 40% jump in deals, a record 60 transactions exceeding the ten-billion-dollar mark. AI is promising a new age of efficiency, corporate balance sheets are bloated with cash, and the appetite for risk…well, it’s positively INSANE. This isn’t just a bull market; it’s a full-blown, chemically-enhanced rampage. And there’s one ETF you need to watch, a shadowy vessel navigating this financial maelstrom: the State Street SPDR S&P Capital Markets ETF (KCE 1.85%).
Apparently, this whole “Future Combat Air System” thing with France and Spain is going nowhere fast. Which, okay, fine. Bureaucracy. International cooperation. It’s a recipe for endless meetings and zero actual planes. But now it’s a crisis? They’re suddenly realizing building a fighter jet takes time? It’s like being surprised your dry cleaner lost your suit. It happens. It’s infuriating, but it’s not a national emergency.
Meta, you see, owns Facebook, Instagram, WhatsApp, and Messenger – a whole family of digital playgrounds. They’ve got 3.58 billion daily active users, which is a simply enormous number. Imagine trying to count that many noses! That’s about 7% more than last year, a steady trickle of new faces peering into their screens.
The trigger? Earnings. Naturally. They were…fine. Perfectly adequate, even. My colleague Keith apparently detailed all the numbers yesterday (I skimmed it, honestly. Numbers make my head ache), so I won’t bore you with the minutiae. But the forecast. Oh, the forecast. It wasn’t quite the dazzling, utopian vision of growth investors dream of. It fell short. Significantly. And Wall Street doesn’t do disappointing forecasts. It’s like offering a vegan a steak. Just…wrong.
The numbers themselves are clean, almost too clean. The sale shaved 6.87% from his direct holdings, leaving him with a little over a million shares. Still enough to matter, of course. Enough to see the dust settle, to watch the market breathe. He holds 1.0964% of the company now. A slice, not a loaf.