Scott

The carcass is bleeding, but this is going to be a big carcass for a long, long time.

The carcass is bleeding, but this is going to be a big carcass for a long, long time.

Yeah, I love that. Some of the parts analysis, I used to do that when I was an activist investor and go in and get board seats and tell them to break up and they'd say, fuck off, and then I'd leave. Yeah. Not Gateway, though. Yeah, they sold. They sold. What a baller. Gateway.

Yeah, I love that. Some of the parts analysis, I used to do that when I was an activist investor and go in and get board seats and tell them to break up and they'd say, fuck off, and then I'd leave. Yeah. Not Gateway, though. Yeah, they sold. They sold. What a baller. Gateway.

Yeah, I love that. Some of the parts analysis, I used to do that when I was an activist investor and go in and get board seats and tell them to break up and they'd say, fuck off, and then I'd leave. Yeah. Not Gateway, though. Yeah, they sold. They sold. What a baller. Gateway.

The thing we're not talking about that I'm increasingly thinking is about to happen that I think we're on the verge of the autonomous wars. And autonomous is going to create a massive amount of excitement. It was supposed to happen, supposed to happen, supposed to happen, didn't, didn't, didn't. People have just sort of like constantly rolling their eyes. It feels like it's happening.

The thing we're not talking about that I'm increasingly thinking is about to happen that I think we're on the verge of the autonomous wars. And autonomous is going to create a massive amount of excitement. It was supposed to happen, supposed to happen, supposed to happen, didn't, didn't, didn't. People have just sort of like constantly rolling their eyes. It feels like it's happening.

The thing we're not talking about that I'm increasingly thinking is about to happen that I think we're on the verge of the autonomous wars. And autonomous is going to create a massive amount of excitement. It was supposed to happen, supposed to happen, supposed to happen, didn't, didn't, didn't. People have just sort of like constantly rolling their eyes. It feels like it's happening.

And it's going to reshape transportation and the unit economics of last mile. And there'll be a ton of excitement. And hands down, the leader is Waymo.

And it's going to reshape transportation and the unit economics of last mile. And there'll be a ton of excitement. And hands down, the leader is Waymo.

And it's going to reshape transportation and the unit economics of last mile. And there'll be a ton of excitement. And hands down, the leader is Waymo.

You're singing for my Himbo brother. I think that if you look at the history of breakups, you know, PayPal used to be the payment system within eBay. It's now worth more. It's now worth twice as much as eBay. Every one of the seven baby bells in the AT&T breakup was worth more than the original AT&T within 10 years. So breakups almost always work for shareholders.

You're singing for my Himbo brother. I think that if you look at the history of breakups, you know, PayPal used to be the payment system within eBay. It's now worth more. It's now worth twice as much as eBay. Every one of the seven baby bells in the AT&T breakup was worth more than the original AT&T within 10 years. So breakups almost always work for shareholders.

You're singing for my Himbo brother. I think that if you look at the history of breakups, you know, PayPal used to be the payment system within eBay. It's now worth more. It's now worth twice as much as eBay. Every one of the seven baby bells in the AT&T breakup was worth more than the original AT&T within 10 years. So breakups almost always work for shareholders.

And where you find alpha and dislocation here is if the wolves really circle for meta or for alphabet and the stock goes down, I think that's an enormous buying opportunity. Because it's not like the asset is taken away from those shareholders. The shareholders own a proportionate amount in that new co. And so all of a sudden, and then you get diversification. I used to own a share of Alphabet.

And where you find alpha and dislocation here is if the wolves really circle for meta or for alphabet and the stock goes down, I think that's an enormous buying opportunity. Because it's not like the asset is taken away from those shareholders. The shareholders own a proportionate amount in that new co. And so all of a sudden, and then you get diversification. I used to own a share of Alphabet.

And where you find alpha and dislocation here is if the wolves really circle for meta or for alphabet and the stock goes down, I think that's an enormous buying opportunity. Because it's not like the asset is taken away from those shareholders. The shareholders own a proportionate amount in that new co. And so all of a sudden, and then you get diversification. I used to own a share of Alphabet.

Now I own, you know, one share of Alphabet and three shares of Google and three shares of YouTube and two shares in Waymo. You know, however they decided they wanted to break it up. And the reality is a spin of assets that creates more pure plays is accretive to shareholders. Because here's the thing. I don't need Alphabet to diversify for me.

Now I own, you know, one share of Alphabet and three shares of Google and three shares of YouTube and two shares in Waymo. You know, however they decided they wanted to break it up. And the reality is a spin of assets that creates more pure plays is accretive to shareholders. Because here's the thing. I don't need Alphabet to diversify for me.

Now I own, you know, one share of Alphabet and three shares of Google and three shares of YouTube and two shares in Waymo. You know, however they decided they wanted to break it up. And the reality is a spin of assets that creates more pure plays is accretive to shareholders. Because here's the thing. I don't need Alphabet to diversify for me.