05:05 - What are your reactions to Big Tech earnings? - https://youtu.be/vE_FR0O-Jhk?t=306
06:19 - Does the negative free cash flow concern you? - https://youtu.be/vE_FR0O-Jhk?t=380
07:53 - What type of companies were these five years ago and what type of companies are they now? - https://youtu.be/vE_FR0O-Jhk?t=474
09:30 - Do you agree with the markets right now that the CapEx has gotten out of control? - https://youtu.be/vE_FR0O-Jhk?t=571
12:21 - What are your thoughts on Apple making a big bet and deciding not to engage in the AI CapEx wars? - https://youtu.be/vE_FR0O-Jhk?t=751
15:29 - Is it possible the hyperscalers still don’t know the ROI on their AI investments? - https://youtu.be/vE_FR0O-Jhk?t=931
17:43 - How big of a problem is it if all of that is true? - https://youtu.be/vE_FR0O-Jhk?t=1065
22:53 - Are these companies trying to give themselves corporate Botox to look young again? - https://youtu.be/vE_FR0O-Jhk?t=1375
28:13 - How should investors value companies that are deeply tied to AI frontier labs? - https://youtu.be/vE_FR0O-Jhk?t=1697
36:07 - What do you make of the shift from a supply crisis to a potential demand crisis? - https://youtu.be/vE_FR0O-Jhk?t=2169
38:33 - Am I overstating the threat of these inexpensive LLMs out of China? - https://youtu.be/vE_FR0O-Jhk?t=2314
44:05 - Do you think that OpenAI and Anthropic will ever figure out the unit economics? - https://youtu.be/vE_FR0O-Jhk?t=2646
47:23 - How much of this anxiety is priced in right now? - https://youtu.be/vE_FR0O-Jhk?t=2844
49:38 - Are you comfortable with current valuations in Big Tech? - https://youtu.be/vE_FR0O-Jhk?t=2979
51:51 - Are companies using their credibility to reduce shareholder risk or hide their debt? - https://youtu.be/vE_FR0O-Jhk?t=3112
54:45 - Would you ever value OpenAI or Anthropic? - https://youtu.be/vE_FR0O-Jhk?t=3286
56:15 - Would you ever value OpenAI without the full story? - https://youtu.be/vE_FR0O-Jhk?t=3378
58:59 - What are your reactions to SpaceX? - https://youtu.be/vE_FR0O-Jhk?t=3540
01:00:45 - Where do you see the parallels or not from 1999? - https://youtu.be/vE_FR0O-Jhk?t=3649