Nutstuff

Nutstuff is travelling this week. Back tomorrow.  Nutstuff will be published tomorrow.   A detailed think piece on HELIUM/ HNT and on BITCOIN and how to think about these both with their inter-relationship with AI. Yes on HNT/Helium of course a giant mea-culpa but rest-assured I absolutely see what…

Nutstuff loves AI but at the same time has said, “Dance hard, but do so near the fire exits.” One of the things making me increasingly cautious on semiconductors is that the market seems to be extrapolating today's shortages while largely ignoring tomorrow's supply. The latest example comes from Sou…

Sorry, Nutstuff will publish tomorrow/ Friday.   R.I.P. Alex.  A Hugely sad day today, for me personally and for the Country, losing (Sir) Alex Younger to cancer, just 62. The Former head of MI6, ex Scots Guards officer, strategist, diplomat and genuinely one of the finest practitioners of B…

Boringly very little to add.. More in Nutstuff Letter out tomorrow.   Thankfully the Nutstuff bar-bell is working well and in a rotational mkt our “oversold software SAAS adds” of 2 weeks ago have really paid dividends.  Digital/ crypto, the liquidity suck out of it is painful but just have to take …

The old man ( Buffett!) has finally put some cash to work. And he didn’t buy Nvidia. After building a cash pile north of $300 billion and spending years telling investors, through his actions rather than his words, that markets were expensive, Warren Buffett appears willing to commit roughly $7-8 …