This week's "Who Said It" is about groceries — and the follow-up question that gets asked is the kind of thing that makes you put your phone down for a second.
Tesla keeps doing Tesla things, but if you followed our war portfolio advice, you're having a much better week. There's "progress" being made in Lebanon while the strikes continue, and the defense stocks tell you everything you need to know about how anyone actually expects this to end.
Russia's version of Davos kicked off in St. Petersburg this week and the US sent a representative for the first time since before 2022 — we look up who got the call and the results are something else. The guest list includes a former German chancellor Putin wanted as a "neutral" peace negotiator, a Hollywood action star with very strong pro-Kremlin opinions, and a pair of brothers you definitely know from the internet. Ukraine meanwhile had some very pointed thoughts about the timing of the forum and made sure everyone arriving knew exactly how far their drones can reach — including a corvette sitting in drydock in the Russian Baltic fleet that just became a $150 million lesson in FAFO.
A Ukrainian startup that didn't exist before 2022 just successfully tested a missile that could replace the Patriot system — at a fraction of the cost — and we think this is one of the most underreported stories of the year.
ICE is quietly trying to sell off the mega-warehouses they spent your tax dollars on at ten times market value, the Boeing jets Kristi Noem splurged on may be going too, and the government is about to take a bath on all of it. Dark Hunter Biden showed back up on the internet this week and genuinely won a round — we read the exchange and give credit where it's due.
And finally: there is now a four-legged domed arch structure on the White House front lawn, the man who lives there is comparing it to the Eiffel Tower, and he's talking about making it permanent. We have thoughts. Many, many thoughts.
