Investors Will Ditch DIY Dashboards for Turnkey AI Agents
The Race for the Investor's Agentic Workspace I've been following the LLM tools space really since the launch of GPT 3.5 in November '22. I have two, perhaps controversial, beliefs. 1) For *most* non-developers, the time you have spent building custom dashboards in VSCode will be wasted motion. Over the next 3-12 months, vendors will build highly intuitive & capable GUIs (graphical user interfaces) over agentic capabilities, abstracting away much of the back end. The "hacker era" will end and the "workflow implementation" era will begin, and the tools will be shockingly good and shockingly easy to use. Investors should spend their time investing, not building tools, and as highly capable finance agents emerge at $5-$10k per seat, the math & ROI is going to be obvious for most investors to pull themselves out of the Claude Code & Open Claw rabbit hole and just become a client of the leading vendor (whoever that may be), using that tool to refocus on the craft of investing. 2) Finance Agent companies will win the workspace game. That doesn't mean that labs won't benefit from selling API/compute, of course (and demand for that feels like it will be almost unlimited). The labs are playing an unfair subsidization game right now vs. the wrappers right now selling $2k compute for $200, but that can't persist (particularly with IPOs looming). The agent harness matters *much* more than people discuss in finance use cases (to test this thesis, run a workflow in Claude Cowork w/ Opus 4.7, then run the same workflow in Perplexity Computer with Opus 4.7). The best finance chatbots were built by practitioners who understood the deep nuances of the craft (Portrait AI, Hudson Labs, Canary, etc), and this will be *even more* true in my opinion as Agents become even better at following instructions (not just a 6-page prompt but a 1,500 page buy-side research manual). Process will be the critical IP. The finance agents who can help clients clean & plug in data and customize and steer their agents with workflow context will turn the stateless agent into a truly agentic co-worker. Finance agent companies can just get to this earlier, with more domain expertise, and the average hedge fund / private equity firm is 5-35 seats. I've seen *pieces* of this possible with my experimentation with Perplexity Computer, and I've seen enough to believe that this is coming.
Meme Stock Guru Scolds Buffett, Misses Value Investing Basics
This is what the market has come to... in what can only be described as a large dose of hubris: $JOET is lecturing Warren Buffett about having too much cash. He recommends that he put a portion of...
Combine ROI with Strategy to Win CFO Advocacy
How to Be Your Customers’ CFO’s Favorite Partner: Share ROI Alongside Strategic Value https://t.co/svYczul197 Strategic value is important, but pairing it with clear ROI figures can make your customers’ Chief Financial Officers your biggest advocates. @castdotapp https://t.co/gPFgk3tUwq
Cohen Faces Triple‑Share Question on Unusual GME Deal
Was CNBC just trying to get Cohen to say “yes I am aware I would have to roughly triple shares outstanding for the stock component of this transaction to make the math math?” Yes the offer is highly unusual, but in...
Tigo Energy Boosts Predict+ for Better US Forecasts
Tigo Energy expands Predict+ capabilities to enhance financial forecasting for United States energy producers #energysky -- via pv magazine usa: https://t.co/Cg1iQXBdZD
Zero‑probability Odds Rise with T‑bill Yields
While we should all hope for the return of the Lord and Savior, unfortunately, rising "odds" only reflect an increase in T-bill yields. Zero probability events should trade in line with the risk free rate + a platform and liquidity risk...
Monette Farms Secures Creditor Protection Extension and $50M DIP Funding
Monette Farms gets extension of creditor protection until June 19, and additional $50 million in DIP financing for seeding. Update: https://t.co/LL346pznlq
Spirit Airlines Admits Rescue Search Failed, No Liquidity
.@SpiritAirlines also confirms the search for a rescue ended on Thursday -- not Friday: "Sadly, it became clear on Thursday that sufficient incremental liquidity will not be found, and there are no longer any viable paths to a restructuring...
Long-Term Bond Duration Crushing Returns, Apple 2060 Halves
Duration is another hard asset driver - nearly every person on earth in long-term bonds has been losing money since 2022. *Apple 2.55s due 2060: 105 to 53. https://t.co/yTyInoASv4
AI‑Driven Travel Roll‑up: Long Lake Buys Am
Biiiiiiiiiiig fintech news today: Long Lake Management, a startup backed by @generalcatalyst, agreed to acquire @AmexBusiness Global Business Travel (Amex GBT) for approximately $6.3 billion. This is probably mixed news for @tryramp, @brexHQ, and @Navan. Validation that there's an opportunity, but new...
Launching $1B Fund for Next‑Gen Finance & AI
Today we’re announcing $1 billion in new funds to back the bold founders shaping the next era of finance and technology. I’ve been following the flow of assets my entire career and have never seen a more dynamic time. Financial...
SK Seeks Financing Options for BESS Developer Key Capture
Why SK is exploring ‘various options’ to raise financing for BESS developer Key Capture Energy #energysky -- via Energy Storage News: https://t.co/XfH046DR4e
BASF’s Q1 Investment Spike Reveals €124M AgBiTech Purchase
A look at the AgBiTech Acquisition by @BASF. In Q1 2026 BASF announced the acquisition of AgBiTech. One thing to note from their report is the “Investments” line. The AgBiTech acquisition was finalized in Q1 and investments were up ~€120 million...
Borrow Wisely: Invest in Growth, Not Instant Gratification
"Sometimes borrowing money is a good idea." That's the whole debate in one sentence. Debt to build future capacity? Sensible. Debt for a sugar hit today? Different story. https://t.co/oSRbH3sr3K
Intense Weekly Financial Reviews Drive Client Insight
It's close week and my whole schedule flips. Every client gets a full financial review. I'm comparing this month to last month, flagging what changed, updating cash flow forecasts, and writing the advisory emails that tell each client what they need...
Autonomous Corporations Already Trade, Manage, and Invest without Humans
We're watching the birth of autonomous corporations in real time AI agents are already: • Trading tokens • Managing treasuries • Deploying capital • Optimizing yield • Executing strategies All without human intervention The zero human company isn't a thought experiment anymore It's a working prototype
Rule of Law Fuels US’s Cheap Debt Advantage
Latest episode by @baselinescene and Gary Gensler on their "Power and Consequences" podcast on the importance of rule of law and institutions that underpin the exorbitant privilege of the US, i.e. our ability to issue debt cheaply. An absolute must...
Paper Rich, Cash Poor: Illiquidity Limits Opportunities
You can have a lot of money and still not be able to access it. In the early days of building Kit, the company was worth a lot on paper but I barely had enough cash to cover my mortgage. Has being...
Evernorth Appoints OpenAI Finance Chief Kaiden Before Nasdaq Debut
NEW: $XRP treasury firm Evernorth adds OpenAI Foundation finance chief Robert Kaiden to its board ahead of Nasdaq listing https://t.co/liVPR6CG6M
Cash on Sidelines Costs You Missed Investment Gains
If you’re tempted to keep your money in cash on the sidelines, consider the impact of opportunity cost, or the potential gains you miss out on when choosing one investment over another. https://t.co/FpZVau3NQD
Corporate America Sets Record $665 B Buyback Start
"Corporate America announced plans to buy back $665 billion worth of shares in S&P 500 Index companies in the four months through April, the most ever to start a year, according to data from Birinyi Associates." https://t.co/NQec3D9V29
BKNG’s Capital Discipline Delivers Massive Share Buybacks
It is rare to see a management team consistently allocate capital as effectively as $BKNG Over the last 12 years, they have reduced their share count by over 40% at an average price of $93 per share. In Q1 2026 alone,...
Half of Dollar’s Value Vanished: Invest, Don’t Hoard Cash
Over the past 30 years, the U.S. dollar lost 53% of its purchasing power. That’s the hidden cost of sitting in cash due to inflation. Keep what you need for an emergency in cash and invest the rest. https://t.co/WAUUt2KTKQ
ETF Firms Seek SEC Approval for Prediction Market Funds
Amazed to learn that ETF companies have filed for prediction market ETFs for yes/no events like election results. They would be derivatives tied to platforms like Kalshi. SEC is reviewing and asked for more info today.
EBay Acknowledges Unsolicited GameStop Takeover Bid, Under Review
Just in: EBay confirms it received the unsolicited proposal from GameStop, says it will review it. $GME $EBAY https://t.co/K69E0qEcBN
XRP ETFs Reverse, $35K Net Outflows End Inflow Streak
BIG NEWS: 🚨 $XRP ETFs saw ~$35K in net outflows last week, ending a 3-week inflow streak
Cheaper AI, Higher Spend: FP&A Forecast Gaps
AI is getting cheaper. Yet total spend keeps rising. So why doesn’t the model improve? Ankit Chopra, Director of FP&A, Cloud, explores where FP&A breaks in linking usage, forecasting & pricing decisions. 🔗 Read: https://t.co/0O85hTkR1f #ai #fpatrends https://t.co/dQrLpJBUet
Higher Corporate Taxes Raise Firm Financial Distress
New @nberpubs: "Taxes and Financial Distress: Evidence from Establishment-Level Data" https://t.co/bmsFoz4Ieb "higher corporate income tax rates significantly increase financial distress" https://t.co/QV2s48hK61
Framework, Not Capital, Stops Most Roll‑Up Starts
the roll-up in 5 levels: level 1: buy 1 business level 2: buy 3 competitors level 3: regional dominance level 4: national holdco level 5: significant exit most never start level 1 not from lack of capital from lack of framework
Trump Tariffs Threaten German Car Earnings, Double‑digit Drops
Good Morning from Germany, where car stocks are under pressure after Donald Trump vowed to impose a 25% tariff on European autos, escalating the trade dispute. A renewed tariff push would weigh on earnings across the sector. Bernstein expects headwinds...
BlackRock Urges OCC to Lift Tokenized Reserve Cap
BlackRock just told the OCC to drop the 20% cap on tokenized reserves. They want more assets allowed under the GENIUS Act rules. A big step for more tokenisation and real-world assets on-chain. https://t.co/jbtpmuark8
Profit Plunge, yet Huge Dividend Shows Priorities
The company behind your morning TEH TARIK at Pak Man just reported a 33% profit drop — and still declared RM110 million in dividends the same day. That sequence tells you who’s protected first.
Currency Weaponization Forces Risk Managers to Rethink Sanctions
Weaponization of currency. As the global order becomes increasingly fragmented more countries will look to protect their interests from the failing US hegemony. This is increasingly important for global risk managers who need to address how their operations map against...
Buffett's GS Preferred Deal Outshines AIG Collapse
The funnier thing about this is ~8 short years later $AIG would implode while Buffett would get a 10% preferred off of $GS with a 10% call premium and warrants that instantly went into the money the minute the deal...
NAB H1 Profit Rises, Revenue Miss Fuels Trim
NAB 1H26: underlying profit +6.4% but revenue missed; statutory profit hit by software amortisation; CET1 11.65% (pro‑forma 12.05%). Risks: margin pressure, investor scepticism. Trade: trim NAB on earnings gap. 📉 — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Know Management, Costs, Risks Before Choosing Bond ETFs
JUST IN: Total bond market ETFs differ in management, costs, and risks, so know these before adding one to your portfolio.
HP Seals $19 Billion Takeover of Compaq, Reshaping PC Industry
#ThisDayInTechHistory. May 3, 2002. @HP completes $19 Billion buyout of Compaq Computer. #Computer #History https://t.co/xZGkwYMZsw
Bank Credit Risks Soar Beyond Historical Scale
“.. The sizes we’re talking about . . . they’re out of scale to anything we’ve thought about, ever,” said Matthew Moniot, co-head of credit risk sharing at Man Group. “Banks very quickly start choking.” @FT $XLF https://t.co/f8bCUJdOTK https://t.co/VHZ9tCbdaI
Berkshire’s New Leaders Face $400 B Deployment Dilemma
Now that Warren and Charlie are no longer running the company... what do you think Berkshire Hathaway and the new management team should do with their $400+ billion of cash? $BRK $BRK.A $BRK.B I joked last year that $BRK should...
Learn Acquisition Skills Without Capital: 9 Essential Tools
9 skills that create serious acquisition operators: – cold outreach – deal sourcing – reading P&Ls – seller psychology – structure engineering – negotiation – timeline control – integration – knowing when to walk none require capital all are learnable
OneStream Simplifies Finance with Integrated CPM Solutions
Corporate Performance Management (CPM), also known as Enterprise Performance Management (EPM), is a software category tailored for finance and accounting professionals. Solutions like OneStream help organizations streamline financial processes. #CPM #EPM https://t.co/m3bwEtxURc
Zero‑Human Finance Is Already Generating Real Returns
Look at what's already running autonomously: 🤖 DeFi protocols with algorithmic treasury management 🤖 AI trading firms executing millions in daily volume 🤖 Autonomous yield optimizers rebalancing 24/7 🤖 Smart contract escrows settling billions No humans in the loop No approval workflows No finance department Zero human company...
Apply the 3‑Pitch Rule to Boost Portfolio Diversification
Moontower Sunday 🌙"3 pitches" rule 🌙 Investment Beginnings Class #4: Risk 🌙 See how much diversification benefit you have in your portfolio https://t.co/vnQ5pVjjxQ refs: @DavidEpstein @BalesBets https://t.co/VgAeGFpRTk
DeFi Defaults Cause Instant, Total Loss, Reshaping Risk Math
What struck me most in this segment: @adcv_'s framing of loss-given-default in DeFi. It's not that defaults are frequent. It's that when something goes wrong, it's immediate and almost total. 😱 That changes the math entirely. Listen to this: https://t.co/13nuDymbXl
Berkshire's Cash Swells to Record 32% of Assets
🚨INSIGHT BERKSHIRE HATHAWAY NOW HOLDS $397 BILLION IN CASH Cash, cash equivalents, and US Treasury Bills up almost 4x since 2022 In the same time, total assets climbed to $1.25 trillion Cash percentage of total assets is at a record 32%, higher than...
DeFi's Near-Total Loss Risk Makes 3% Yield Unsustainable
DeFi's loss-given-default problem is unlike anything in traditional finance. When something goes wrong, it's immediate, total, and irreversible 😰 So why are depositors accepting 3%? @dunleavy89 and @adcv_ debate it: Timestamps: 🔥 01:14 How Tom and Adrian are rethinking yield rates after $606M worth of...
Bolt Secures $150M, Investors Demand Profitability First
SCOOP: CEO Ryan Breslow told staffers of "super app" Bolt it has signed term sheets for $150 million in new investments, but that investors want to see Bolt "hit profitability and get back on the path to hyper-growth before the...
US Bond Market Endures Record 69-Month Drawdown
The US Bond Market has now been in a drawdown for 69 months, by far the longest in history. https://t.co/Y1cdWffv71
Ternus Plans to Retain Cash, Cut Future Buybacks
Power On: Apple has dropped the first hints about how John Ternus will run Apple, starting with holding onto more cash and paring back how much is given back to shareholders in the future. https://www.bloomberg.com/news/newsletters/2026-05-03/how-will-john-ternus-run-apple-as-ceo-with-more-investments-fewer-buybacks?srnd=undefined
Just 30% Expect Tax Breaks to Spur Investment
BofA: Only around 30% of respondents expect companies to invest more because of favorable tax treatment in OBBBA https://t.co/Ln7iz9FaRb