UK

Thanks! Did not knew about it: https://flowhydration.com/collections/original-flow

Curious what are these drinks:)?

https://stratechery.com/2026/mythos-muse-and-the-opportunity-cost-of-compute/

https://www.investing.com/news/economy-news/why-is-quantum-computing-seen-as-a-challenge-to-bitcoin-4609025

A new use case:)) https://archive.is/lwiD5 Iran will demand that shipping companies pay tolls in cryptocurrency for oil tankers passing through the Strait of Hormuz, as it seeks to retain control over passage through the key waterway during the two-week ceasefire. ... “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini added.

https://stratechery.com/2021/mistakes-and-memes/

"We're getting back ⁠to being concerned about the prior software-specific concerns stemming from AI and private credit that are coming back to the fore," said Steve Sosnick, chief market analyst at Interactive Brokers. https://www.reuters.com/business/us-software-stocks-fall-anthropics-new-ai-model-revives-disruption-fears-2026-04-09/

Since 'war is over' maybe the market is back to worrying about AI disruption?

About the politics: "The dogs bark, but the caravan (or circus, or economy, or markets etc) moves on"

I would vote for the 1.5. I think the 1.2 is more representative of a 'new floor' rather than some kind of normal valuation it was? 1.5 would be more appropriate for new normal valuation (but also not the ceiling:)).

https://www.reuters.com/world/china/iran-us-receive-plan-end-hostilities-immediate-ceasefire-source-says-2026-04-06/

https://www.state.gov/releases/office-of-the-spokesperson/2026/04/secretary-rubio-revokes-green-cards-of-foreign-nationals-with-ties-to-iranian-terror-regime 'While living in the United States, she promoted Iranian regime propaganda, celebrated attacks against American soldiers and military facilities in the Middle East, praised the new Iranian Supreme Leader, denounced America as the “Great Satan,” and voiced her unflinching support for the Islamic Revolutionary Guard Corps, a designated terror organization. Afshar Soleimani pushed this propaganda for Iran’s terrorist regime while enjoying a lavish lifestyle in Los Angeles, as attested to by her frequent posting on her recently deleted Instagram account.' Friendly advice: be careful what you post on internet

no benchmark hugging

But I found it a bit funny both are in an agreement on something "Trump also noted that equity markets had not fallen as much as he had expected, saying ’it hasn’t been that bad,’ a comment that was followed by renewed selling pressure in equities." "QUICK: Well, let’s talk about that. The market has come down substantially. BUFFETT: Not substantially."

I would second this, and I will not critizise BRK too, because it is just on the board level, but I like the succesion situation in FFH complex because of Ben much better:)

Well I remember that a really sharp knife in villages in my country was called "svinorez"* *Literal Meaning: From the Russian "свинорез", referring to a knife for slaughtering pigs.

Thanks, nice! From a selfish perspective, I would love to see actual weightings, but I agree it is probably better to not disclose these for the sake of fund and manager:)

+1

"If you wait for the robins, spring will be over"

Norway/Canada etc>US>EU/Japan etc>India/Thailand/Philipines etc. Something like this? The last ones could feel actual shortage and pain if this goes on because richer countries will outbid them.

https://www.reuters.com/world/asia-pacific/helium-shortage-has-started-impacting-tech-supply-chains-execs-say-2026-03-26/ https://www.reuters.com/business/energy/iran-war-chokes-petrochemical-supply-sends-plastic-prices-soaring-2026-03-26/ Not so bad for US indeed.