JUST IN: Elon Musk vs. OpenAI trial set for April 27

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“Controlling your time is the highest dividend money pays.”

- Morgan Housel

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🤖 Apple puts Google’s Gemini inside Siri

Apple and Google confirmed a multi year AI partnership.

🖱 Gemini will handle specific Siri functions like summarization and task planning. Core logic, UI, and system control stay on Apple’s own models.

🖱 Apple says Apple Intelligence still runs on device and on its Private Cloud Compute servers. User data does not flow into Google infrastructure.

🖱 Media framed this as Google taking over Apple’s AI stack. In reality, it is a narrow dependency on models that currently outperform.

The irony is timing. Google spent years catching up after ChatGPT. Now Apple is buying the result.

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Pentagon will integrate Grok into military AI systems

🖱 The US Department of Defense plans to connect Elon Musk’s AI chatbot Grok to Pentagon networks, including both unclassified and classified systems later this month.

🖱 Defense Secretary Pete Hegseth said Grok will operate alongside Google’s AI tools inside the military’s AI framework under a newly announced AI acceleration strategy.

🖱 The deployment aims to feed military and intelligence data into the model for analysis across Pentagon operations.

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❓ What is the average revenue that companies generate from a single active user?

The highest Netflix subscription costs $24.99, which is still lower than the revenue Zuckerberg earns from each user.

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"We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen."

- Warren Buffett

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OpenAI acqui hires the team behind Convogo

OpenAI is hiring the founders and team of Convogo, an AI tool used by executive coaches and HR teams for assessments and feedback reports.

🖱 OpenAI is not acquiring Convogo’s product or IP. The team joins to work on AI cloud efforts. The deal is all stock. Convogo will be shut down.

🖱 This is OpenAI’s 9th acquisition in about a year. In most cases, the product disappears and the team is absorbed.

M&A here is about talent density, not expanding a product lineup.

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Why serial acquirers outperform

Long term data shows serial acquirers beat the market. The strongest results come from teams that treat capital allocation as a core skill, not a side effect of growth.

Search funds and disciplined roll ups show especially strong outcomes. Average search fund returns since 1984 are around 35% annually.

Here are examples that fit this model:

🖱 Kingsway Financial Services (NYSE: KFS)
Public company using a search fund model. Operators are selected first, acquisitions come second.

🖱 Teqnion (OMX: TEQ)
Owner of 36 small industrial businesses with strict capital discipline and decentralized operations.

🖱 Diploma PLC (LSE: DPLM)
Industrial components supplier with 15 years of ~16% EPS CAGR driven by steady bolt on deals.

🖱 VitalHub (TSX: VHI)
Healthcare software company with subscription heavy revenue and low churn. Active acquirer.

🖱 Lumine Group (TSX: LMN)
Constellation Software spin off focused on telecom and media vertical software.

🖱 Omda AS (OSL: CSAM)
Hospital software provider with public sector contracts and high recurring revenue.

🖱 TerraVest Industries (TSX: TVK)
Propane and energy infrastructure roll up with acquisitions priced below 10x FCF.

The pattern repeats across regions and sectors.
Boring businesses, bought well, run by strong operators, compound quietly over time.

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How dudes start moving after getting an entry level role at a D-tier VC firm.

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Warren Buffett:

“The ultimate luxury is doing something every day that you love doing with people that you love doing it with.”

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🕯 Retail traders just made their biggest stock market bet since the post tariff rebound

🖱 JPMorgan data for the week ending Jan 14 shows $12.0B of retail inflows into cash equities. This is the largest weekly inflow since the post Liberation Day recovery. Single stock buying reached $4.9B, the highest level in about 9 months. ETFs added $7.1B.

🖱 More than one third of single stock inflows went into the Magnificent 7, led by Nvidia and Tesla. Apple saw $185M of outflows. Year to date, the Magnificent 7 is still lagging the S&P 500 and Nasdaq 100.

🖱 Retail demand also increased in tech stocks outside the Magnificent 7. JPMorgan notes that past patterns point to roughly another month of strong retail buying.

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Former headquarters of 6 companies worth a combined $20 trillion.

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🗣️ Matthew McConaughey has trademarked his own image and voice

🖱 The US Patent Office approved 8 trademarks covering video of him speaking and smiling, plus the audio of his “alright, alright, alright” line. The stated goal is to block unauthorized AI use of his face and voice.

🖱 What stands out is the context. McConaughey is an investor in ElevenLabs and has already licensed his voice for AI translation into Spanish. He is not pushing against AI itself.

🖱 The move draws a legal boundary around consent and control, not technology. The courts have not tested this approach yet, but the threat of litigation alone raises the cost of misuse.

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