Rational Dissent Episode 003. Valuations in An Earnings Explosion Available on YT, Spotify, Apple, Overcast, etc. ---- Is the juice worth the squeeze? Earnings keep rising, valuations are questionable, and investors are uncertain. What should you make of earnings these days? Chapters 00:00 Hot Open & Intro 00:51 Why Earnings Confuse 03:54 The Anthropic Effect 07:10 Include Other Income 09:36 OpenAI Next Wave 12:32 Valuations vs Earnings 18:05 Data Sources Diverge 22:42 Quant Models in Trouble 26:05 Vendor Financing History 29:15 CapEx & Bubble Risks 37:10 Lightning Round Fed or Earnings 38:53 Wrap Up & Subscribe

Rational People: "Thomas Massie is America First, and pro-borders. He's against foreign aid, rampant spending, and endless war, gun control, flock surveillance, and the auto kill switches." Boomers:

EA Rationalists will seriously look you in the eye and try to convince you that: -bugs are more valuable than people -AI is going to kill us all -your wife should join the group polycule and say "it's fully rational."