Facebook buys AI scientists, China buys ex-ASML employees... Semi companies' China revenues are not sustainable. $ASML #Semi https://www.reuters.com/world/china/how-china-built-its-manhattan-project-rival-west-ai-chips-2025-12-17/

How it started and how it's going. https://www.generalistlab.com/insights/why-i-started-generalistlab/

Lots portfolio moves in past 2 weeks, after a break, will write annual portfolio review getting into more detail soon. Stay tuned. For now, in short: -Sold 12.5% AKO1L at €1.8 -Bought back $INTC at $37.1 -Add $KSPI at $79 -Bought Nordic Corp Bond Fund,~5% -Sold $EVO at 622 SEK

Dallas FED survey on oil market. https://dallasfed.org/research/surveys/des/2025/2504#tab-comments "I have an uneasy feeling about the reason that China continues to stockpile crude oil to the tune of about a million barrels per day. Could it be a prelude to an invasion of Taiwan?" Same brother, same.

Madara Cosmetics $MDARA management said they have something exciting to announce in H1 webinar I assumed it was new markets. b2b subscription based service for hotels was not in my bingo card. Interesting if they get traction in this segment, but gotta compliment the move.

Annual Nasdaq-100 index ($NDX) changes. Added: -Alnylam Pharmaceuticals, Inc. ($ALNY) -Ferrovial SE ($FER) -Insmed Incorporated ($INSM) -Monolithic Power Systems, Inc. ($MPWR) -Seagate Technology Holdings plc ($STX) -Western Digital Corp. ($WDC) Removed: -Biogen Inc. ($BIIB) -CDW Corporation ($CDW) -GlobalFoundries Inc. ($GFS) -Lululemon Athletica Inc. ($LULU) -ON Semiconductor Corporation ($ON) -The Trade Desk, Inc. ($TTD).

This is the most bizzare thing I dont get about murica. Why would you call your kid "dick"?

Radio Paradise served this wonderful cover of one of most recognizable Tears of Fears songs "Head over Heels" by Japanese Breakfast. New indie artist for me. Way more collected, chill version. https://youtu.be/s6QbIcpqrRM #GLMusicDiscovery #indie

Glassnode: The aggregated size of Bitcoin treasuries held by public and private companies has grown from 197K BTC to 1.08M BTC, a ~448% increase since January 2023. Corporate balance sheets are becoming an increasingly significant pillar of demand for BTC. Price is noise.

Occasionally visit Clouded Judgement for newest stats, comps, but title on this one caught my eye. Startup space getting irrational on compensation expectations. All in the space of that 1% w/ purcashing power. https://cloudedjudgement.substack.com/p/clouded-judgement-12525-monopoly