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Arbor Terminal

The Arbor Letter

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Latest Issues

Michael Burry Is Shorting AI. So Why Is He Doubling Down on MercadoLibre?

Michael Burry has become one of the loudest bears on the AI boom.

He is short semiconductors, Palantir, Nebius and other parts of the AI ecosystem. His argument goes well beyond saying valuations are high. He thinks the industry has create...

7 days ago
30
5

$2.5 Billion to $10 Billion in 33 Days

Instinct raised $250 million at a $2.5 billion valuation. Thirty-three days later, it raised another $1 billion at a $10 billion valuation.

🤯🤯🤯

Only one of those valuations is right, and possibly neither of them is.

Especially in the...

11 days ago
24
4

Godfather of AI

Geoffrey Hinton spent much of his career trying to answer a deceptively simple question: could a machine learn the way a brain does?

Not by following thousands of rules written by programmers. Not by being told exactly what a cat looks lik...

14 days ago
11

Kraken Robotics: Investing in the World Beneath the Surface

I love companies that are helping pave the way toward a future we cannot quite see yet. Bitcoin felt like that early on. SpaceX feels like that today. In both cases, the range of possible outcomes is so wide that a traditional spreadsheet c...

16 days ago
22
3

You Don’t Need Millions to Influence the Board

Someone here asked whether I’m investing in the recent tech momentum, especially with interest rates at decades-long highs while the market just keeps climbing.

I’ll answer by telling you my version of finding a growth opportunity outside...

18 days ago
21
2

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  • The Arbor Letter

    CFO. Long term investor in deep corners of the world. Compounding 40%+ annually over last few years. Heavily concentrated in MELI + Japan & Korea small caps today. Building Arbor…. Investor, author, builder. Let’s connect!

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