BUY TECH

“I've said for a long time, I think the NASDAQ and the Dow are two of the worst metrics or most unhealthy metrics ever invented because they give the illusion that people are doing well. And it really is, it's a proxy for earnings and a proxy for the wealth of the top 10%. Mostly what I think this is about is that the markets have disassociated from the majority of people's well-being and their prosperity.”

“If you look at the last three exogenous events in America, basically there was a dip, and then the markets ripped back the following year. I think what's happening is the cycle time between fear and uncertainty around a war and the opportunity to buy is compressing, and now people are like, let's move to the part of the program where we make money.”

“If gas prices go up, yes, it might have some impact on lower-income consumers, and we can get to that because it is very interesting. But ultimately, high earners are completely price insensitive. It doesn't matter to them. They drive consumer spending. Same thing with big companies, same thing with tech companies, they're going to be fine.”

“I wonder if there's also been a little bit of what I would call the timeline fatigue, where we thought we understood what the story of this war was. And there were all of these different plot points. We strike Iran, we kill the supreme leader, but then the son is appointed. Then Trump says that we've had productive talks and we think that it's going to be resolved.”

“Since we hit the bottom from the Iran war, so that was March 30th, that was the market bottom thus far, it's been a very different story. It's actually reversed. Energy has fallen, it's down 9% since the bottom. And the winners have been financials up 11%, communication services up 18%, and tech up 17%.”

“Really long way and roundabout way to say my concern level for Draper right now is like medium-high. You know, it's not like red alert, I'm concerned about his career, but it's also like, man, this has been this has been a brutal stretch here of this bone bruise thing being a massive disruption in sort of what should be the early prime of Jack's career.”

“He's clearly very good. Now, what else is there for him to show? Very good? Check. Got that. Clearly. How does he handle pressure? How does he deal with a big occasion? How does he deal with a big stadium? How does he deal with adversity? How good is he at developing? These are all questions.”

“Relative to things like his shot selection or his mental or physical consistency, I think the performance of his forehand has been a bit under discussed in maybe his shortcomings as a top five mainstay. So I'm glad that he's worked on that. And I'm glad that he's circled that as an area where he wants to make gains.”

“I'd rather sort of that over toughness probably and those qualities than the other side of things where an injury can get into your head or you can be so kind of nervous about protecting your body that it's a bit of a self-fulfilling prophecy where you're not able to really put the load on and kind of take that leap of faith and jump into the heavy action because you're so worried and nervous about protecting your body.”

“But I am running on my Evans Brothers Coffee, official coffee of Monday Match Analysis. It's been a long time since I've given them a shout out. They're fans of the show. They make great coffee. And there's a discount code in the description if you want to try Evans Brothers Coffee. Very, very good stuff.”

“Having the CEOs of the companies you are meant to regulate sitting in the West Wing effectively means the industry is writing its own rulebook.”

“SpaceX is no longer a science project; it's the primary infrastructure for the new space economy, and an IPO would be the largest liquidity event in history.”

“We have to look past the daily headlines and realize the sheer capital being incinerated in this conflict is a massive tax on global growth.”