by Evan McGoff | Jul 11, 2023 | General
Nvidia drives a new wave of infrastructure investment When we first bought Nvidia in 2017, the catalyst was that large companies started buying Nvidia Graphics Processing Units (GPUs) for processing data for artificial intelligence (AI) calculations (see more here in...
by Evan McGoff | Jun 5, 2023 | General
Using Artificial Intelligence to Get Things Done There’s a lot of hype around Artificial Intelligence, particularly lately with OpenAI’s ChatGPT. Whenever there’s hype, there’s often a backlash. The main criticisms I’ve heard are either “it gets things wrong, so it’s...
by Evan McGoff | May 12, 2023 | General
They benefit long-term owners of great businesses Everyone loves dividends. Buybacks don’t get the same affection—but they should. This is probably because they’re a bit misunderstood. When a company pays a dividend to shareholders, it’s pretty easy to see the...
by Evan McGoff | Mar 22, 2023 | General
Two extremes don’t equal balance The Federal Reserve has been implementing emergency policies for over a decade now. In plain terms, they kept short term interest rates extremely low and made it easy to borrow. These policies made it easy for banks to pay...
by Evan McGoff | Feb 17, 2023 | General
Ed Yardeni’s “No Landing” Scenario Over the last several months, we’ve written a few letters about the resilience of the economy, despite the many concerns about a recession – “No Recession in Discretionary Spending” and “Recession Watch”. Here’s a quick update: The...
