Sep 26, 2025

Today, I heard from a portfolio manager, John Tinsman, who shared insights on investing in big tech companies with low marginal costs for long-term success. Companies like Microsoft and Visa were highlighted for their minimal production costs and high profit margins, allowing for rapid innovation and growth without debt. Tinsman advised focusing on companies with proven growth potential, particularly large-cap growth stocks.

In another update, a bid for highway service plazas in Massachusetts involving Blackstone and Global Partners was detailed. Applegreen, the winning bidder, faced challenges that impacted the project’s commercial viability, leading them to walk away from the deal. Reasons for their decision were not entirely clear, but issues related to environmental liabilities and staffing may have been contributing factors.

Additionally, Apple is reportedly in talks with Intel about investing in the chipmaker, potentially marking a turnaround for Intel despite recent financial struggles. Other news highlighted changes in leadership within the financial industry, advancements in quantum computing for bond trading efficiency, challenges faced by hedge funds like Man Group, and discussions surrounding stablecoins in the crypto market.

Overall, these updates reflect the dynamic nature of the financial industry, with shifts in leadership, technological advancements, and evolving investment strategies. As the industry continues to evolve, financial experts and investors must stay informed and adaptable to navigate the complexities of the modern financial landscape.

Stay Well!