Subject: Re: 2Q CY2026 was great, but feels janky
I described the current conditions as feeling like I am driving in a car with overinflated tires, and I don’t control the psi, and someone thinks hey…if we got a little better mileage at 45 psi let’s inflate to 50 and get better still! Do the tires blow, though…

That really made me laugh! :))) I was asked by a friend just yesterday how humor is defined and I answered it is the intersection (requiring both 1 and 2 together) of asburdity and plausible truth, and this statement covers the 2 highly!

Speaking of how valuations, some of the chip manufacturers seem to be taking up a lot of the "demand for exeberance" however it is reallyt non-uniform, and there's a lot that is still cheap. I wrote about the opportunity with Meta just today:

https://www.shrewdm.com/MB?pid...

- Manlobbi