5 Things to Know in Investing This Week – The AI Agents are Replacing Hackers Issue
I’ve spent two years warning about the massive spending on AI without a business plan to earn a return on that spending. The big tech companies that used to have pristine balance sheets are now taking on record levels of debt to fund their AI spending. In related news, Meta (Facebook) is going to sign … Read more
Thanksgiving Thoughts
Hi All, I’m currently in Jerusalem and spent the afternoon at the Israel Museum where they have the Dead Sea scrolls. One of the scrolls written/copied 2,000 years ago is entirely dedicated to gratitude. I suspect that most successful nations, religions, and cultures make a place for expressing gratitude. In my opinion, our American version … Read more