We want to take a look at shares of uh QXO. Um they're doing a $2 billion stock offering. They're in the bidding war, right.What's your thought. You've been in the stock a long time. The stock's down 85% from its 52- week high, right.First of all, why are you still in it. And what do you make of what's going on now with the with the news reports of this this bidding war. Yeah.And I'm not down 85%. I know you're not, but I mean, the stock is obviously making a statement. No.No, it's not what it was. So Brad ...

Barlay's wife says big tech inflows save America. Um it's helped the overall US outperformance um of late. UBS says the tech rally has legs.We said Microsoft hits a new high. Nvidia is not that far away. How do you see it. That's how I see it.I run a concentrated book and uh uh most of my book is is in big cap tech. So to me they're permanent compounders and sure valuation gets stretch stretched every so often but they eventually grow into that valuation plus they've got the best balance sheets they uh they ...

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You know, I think some regulation clarity and especially when you're being sued by the SEC is what you want and this is what happened with the previous administration. So that's that's clear. And also when you're a big business, you know, you root for regulation because this is the hurdle that you put in place.So smaller companies and innovation cannot follow. But I am a I'm an advocate for you know low regulation and making sure that innovation uh continues and making sure that big companies are challenge ...

Oh, it's a great question. Um, you know, I'm trying to think what do I tell my kids to go to school for. What what should they do.The short answer is I don't know. But what I speculate, anything machine learning, AI, large language models. What happened is back in the day, you were competing over Java, Python coders.They'd come in and you they they were preaching top dollar. Whatever they wanted, you had to give it to them. Now, with AI, it will code in any language you want.And so, you can be much more uh ...

Federal Reserve Chair Jerome Powell on Wednesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. He noted that inflation is still above the Fed’s 2% target, with the impact that President Donald Trump’s tariffs will have still unclear. The cautious tones could further antagonize Trump, who has ramped up his long-standing criticism of Powell. ...

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