My Thoughts on Current Events
15 Feb 2025 3 minute read 2 comments Perfectionist25
The feud between Elon Musk and Sam Altman, the founder of Open AI, has reached a new level. Elon Musk has formed an investment consortium. He has made a bid of $97.4 billion to buy the non-profit company. An incredible number, indeed. This offer has,...
13 Feb 2025 7 minute read 2 comments Perfectionist25
There was such a development in the field of artificial intelligence last week that I cannot see anything more important in the world right now. This development is Open AI's Deep Research, I am not talking about DeepSeek developed by the Chinese her...
12 Feb 2025 10 minute read 8 comments Perfectionist25
Another balance sheet that I have been waiting for with great curiosity has arrived, Amazon. As you know, Amazon is one of the seven major technology companies in America and I think it is the company that gives the most clues about the American econ...
10 Feb 2025 4 minute read 1 comment Perfectionist25
The balance sheets on the American stock exchanges continue to come in full swing. The stock market really reacts surprisingly badly to some balance sheets. I will focus on two examples. One of them is ARM, as you know ARM is a very successful compan...
9 Feb 2025 4 minute read 6 comments Perfectionist25
USAID is in trouble. If you didn’t know, USAID (United States Agency for International Development) is the foreign aid, humanitarian aid, and development arm of the U.S. government. The fact that the aid it distributes doesn’t add to a country’s debt...
8 Feb 2025 7 minute read 3 comments Perfectionist25
If you had a bottle of water in your hand and I was dying of thirst, would you share a glass with me? I mean, anyone would, right? You would do that, but they didn’t. The Resnicks, California’s water-rich family, did not share their water with anyone...
7 Feb 2025 4 minute read 3 comments Perfectionist25
On February 1, 2025, US President Donald Trump issued three executive orders imposing tariffs on Canada, Mexico, and China. A 25 percent tariff on all imports from Mexico and Canada, and a 10 percent tariff on all imports from China. But before we ge...
5 Feb 2025 4 minute read 15 comments Perfectionist25
In 2021, former US President Joe Biden made a bold move. He signed legislation to encourage automakers to produce more electric vehicles. After all, he had an ambitious goal that half of all cars sold in the US should be “zero-emission vehicles” by 2...
4 Feb 2025 7 minute read 0 comments Perfectionist25
There was a sharp increase last Friday. We were up by about 1% that day, then the news of Trump's tariffs came. Actually, there was no new news, I should say the market woke up to the news. Because the market believed that the tariffs could be postpo...
2 Feb 2025 4 minute read 0 comments Perfectionist25
It has been a very volatile week for stock markets: Investors have been following a busy agenda, from China's DeepSeek attack to crypto movements, from the Fed's interest rate decision to the balance sheets of technology giants. The sell-off seen in...
