Emily Flippen

And the leaders of these organizations see the risk and reward proposition that is building out data centers and say, I would rather potentially be wrong about artificial intelligence and invest the capital here because the risk of

of being right or being wrong in this case outweighs it.

And if they don't invest in artificial intelligence and they're wrong and artificial intelligence ends up being the future of whatever industry they're operating in and they don't make those investments and they could potentially just obliterate the relevance of their company in 10 years.

Well, I want to say, Travis, I was wondering why these stocks look so familiar, and now I feel like you're putting my portfolio on blast here a little.

Well, I appreciate it.

And we are flying blind here a little bit.

Travis, you told us, don't prep too much.

Come in with your organic thoughts, and now I know why.

This is an easy basket for me between Axon, Zillow, and Spotify.

I'm a big fan of Spotify still to this day.

This is a business that I think has plenty of room to run.

So in terms of taking a long call here on Spotify, that one is an obvious winner to me.

In terms of a business that I would have to

By puts on, I think Zillow is one that I still remain a bit skeptical of.

I purchased Zillow back when it was in the iBuying pandemic-driven craze.

It's a legacy position that never quite panned out.

In fact, I think in the portfolios where we had recommended Zillow, we had since recommended a sale.

Obviously, I never got around to selling it in my own portfolio.

I probably should have.

Axon, always concerned about its valuation.