John Rotonti Jr

@ProShopGuyMF1 @AdamMGrant Yep, love that

@JRogrow @AdamMGrant F. Scott Fitzgerald’s line from The Crack-Up (1936): “The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function.”

A sign of intelligence is the ability to disagree with yourself.

@charliebilello net profit margins are a driver of ROE. Do ROE please.

S&P 500 profit margins spiked to 16.7% in Q2, which is by far their highest level in history. “Profit margins are probably the most mean-reverting series in finance, and if profit margins don't mean revert, then something has gone badly wrong with capitalism. If high profits don't attract competition, there's something wrong with the system.” - Jeremy Grantham

99.9% of investment commentary misses the forest for the trees or has an expiration date of tomorrow.

SpaceX is planning a rocket-launching spaceport in coastal Louisiana. Here are the plans. nola.com/news/business/…

Many companies will announce a factory by standing in suits and shoveling some dirt. That always seemed strange to me, so we built the factory, got it running, and now we’re ready to announce it. We've raised a $1B Series D at a $13B valuation to expand to more homes, and launching Base Core; built here in Texas. 1/ (more pics in 🧵)

@RES_BabyBlue Thank you, Rob. Good thoughts.

@JRogrow Not quite. You understand more about an issue. You understand that there is more complexity to an issue. Much of that complexity is just noise though. It takes full knowledge to know what is valid. If you didn't fully "understand" then you didn't "know".

“The more you know, the less you understand.” - Leroy Jethro Gibbs

"If one could only know the future of one asset or commodity price, oil would be at or near the top of the list." - @DataTrekMB August 2, 2026 "[We] are carefully watching 10-year Treasury yields as the most likely source of an unpleasant surprise this month." - @DataTrekMB August 2, 2026

"The 60/40 portfolio is broken because equity returns are driven by AI concentration rather than the business cycle, while bond returns are now driven by fiscal constraints rather than cycle dynamics." - Slok, August 3, 2026

@VivekChirps This is a very humbling endeavor, my friend

@JRogrow When I was new, I thought I can find out how market behaves using bars on charts. After spending years understanding the markets and it has led to painful realization how little I know about its future movements.

“You will compound for the next 70 years of your life.” - Charlie Munger to @mickymalka

@ReneSellmann @citrini7 @aakashgupta @zerohedge @stwboerse @InvestmentTalkk @evfcfaddict @stonkmetal @DutchInvestors @jakubhajost @PronkDaniel @joecarlsonshow @christianmiele Thank you for the hard work and for sharing this, Rene 💪🙏

Tagging a few peers that are mentioned in the post or that may find it interesting (all worth following!): @Citrini7 @aakashgupta @zerohedge @stwboerse @InvestmentTalkk @evfcfaddict @stonkmetal @DutchInvestors @jakubhajost @PronkDaniel @joecarlsonshow @christianmiele @Valuehunte @DrewCohenMoney @michaeljburry @ReturnsJourney @QualityInvesti5 @JerryCap @PhilippHaas_ir @SimeonResearch_ @stonkmetal @SteadyCompound @TihoBrkan @7LukeHallard @European_DGI @wolfofharcourt @WolfOfOakville @JohnHuber72 @JerryCap @JRogrow @mihaljevic @moneyflowinvest

“Tarik Skubal has been traded”

@JennSalerno310 When Pete went ding dong today I wonder if he went back to the dugout to say, “eyesight is fine.”

Talks shit to Alonso and gets traded

I have been thinking a lot lately about how similar these two quotes are that run around in my head. “I profoundly believe that 50 through 70 are the peak performance years for professional investors.” - Gavin Baker “I have the answers to the test now. You can’t surprise me on defense. I’ve seen it all. I’ve processed 261 games, I’ve played them all. It’s an incredibly hard sport, but because the processes are right and are in place, for anyone with experience in their job, it’s not as hard as it used to be. There was a time when quarterbacking was really hard for me because you didn’t know what to do. Now I really know what to do, I don’t want to stop now. This is when it’s really enjoyable to go out.” - Tom Brady

@ProShopGuyMF1 👊

@JRogrow Only a trillion dollar question, LOL!! That is just for the hyperscalers. It will be interesting to see how corporate workflows change over the coming years and how it impacts their bottom line. I am optimistic as always.

“Our research over the past 30-plus years has shown that market rotations (i.e., shifts between growth/value, large/small, high quality/low quality) are based on profits cycles and valuation fundamentals. When markets ignore fundamentals, it is typically because excess liquidity drives speculation and momentum and relative strength dominate performance rather than profits and valuation.” - Richard Bernstein @RBAdvisors

@ProShopGuyMF1 Thank you.

@JRogrow When listen to the three hour podcast on Acquired about Disney you can appreciate what YOLO founder Walt Disney was. acquired.fm/episodes/the-w…

"I first became interested in Disney in 1966, when its market valuation was less than $90 million, even though the company had earned around $21 million pre-tax in 1965 and was sitting with more cash than debt. At Disneyland, the $17 million Pirates of the Caribbean ride would soon open. Imagine my excitement - a company selling at only five times rides!" - Buffett 1995 Letter

Michael Dell is a psycho and maniac in the best way. Almost all of the other massive-cap dot com founders have left the office of CEO. Not Michael Dell. Dude is a fighter and a builder. Disclosure: I personally own shares of Dell.

"(Saints) mean a lot to me, especially trading up to get me," - Chris Olave reflects on his journey with the #Saints, signing his new deal