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“If they want a predictably profitable company, go buy a bank.” -Dara Khosrowshahi.

Why do you think Kurt preannounced?I’m a big fan of his but it just seems like they would be better buying back shares at lower prices as long as possible. Because he has to know that an increase in guidance is going to move the stock positively. Just wonder if I’m missing something.

For the record.... 0 shares of $PBI trimmed today... The thesis remains strong.

@DOMOCAPITAL Kurt is an absolute savage.

$PBI just increased EBIT guidance by $20 to $40 million after what is always the seasonally weakest quarter 🤯 given the short interest and share repurchases this could easily pull a $CAR!!!

@jojo_capital @taobanker All else aside, the discipline to stay in after a drawdown of this size is unreal.

@taobanker -84.7%, You are not built for this game sir

Reading some fund letters and man there are some SM out there with heart attack type returns every year

@bcherny Thanks so much for such an incredible product. I’m not technically savvy and the product has been honestly life changing for my productivity.

Happy coding! Opus 4.7 is a significant step up. To get the most out of it, take the time to adjust your workflow to take advantage of Claude running for longer & being more agentic. It feels like a nice improvement with old workflows, and a significant leap once you take the time to adjust.

Dogfooding Opus 4.7 the last few weeks, I've been feeling incredibly productive. Sharing a few tips to get more out of 4.7 🧵

@TawohAwa @claudeai Really is insane how fast these guys are moving.

Every new Claude launch since the beginning of 2026👇 - Jan 2026: Claude Cowork launched. - Feb 2026: Opus 4.6 released. - Feb 2026: Sonnet 4.6 released. - Feb 2026: PowerPoint integration - Feb 2026: Excel integrations added. - Feb 2026: Co-work plug-ins released. - Feb 2026: Claude Code security launched. - Feb 2026: Claude Code Remote Control - Feb 2026: Scheduled Task in Co- work - Feb 2026: Connector available in the free - Mar 2026: Claude memory is free - Mar 2026: Claude Marketplace launched - Mar 2026: Claude com ambassadors - Mar 2026: Code review for Claude code - Mar 2026: Claude skills for Excel & Slides - Mar 2026: charts & diagram in chat - Mar 2026: 1 million context window - Mar 2026: Dispatch for Claude Co-work - Mar 2026: Claude code Channels - Mar 2026: Co-work Projects - Mar 2026: Claude Computer use Anthropic is cooking

You can now enable Claude to use your computer to complete tasks. It opens your apps, navigates your browser, fills in spreadsheets—anything you'd do sitting at your desk. Research preview in Claude Cowork and Claude Code, macOS only.

@leevalueroach Congrats!

Now there’s signs that this company is finally moving product out of its facilities in large quantities. They just shipped 8.3 tons of AI cooling parts out of their California facility and this is just the beginning.

Last year I wrote up a stock that shot up over 1,000% on an increase in sales and I’m convinced that this is the just the beginnings of what could be another 10x in sales. This jump in sales was just production for R&D and small batch orders to potential customers.

@DOMOCAPITAL Was thinking the same thing. Individuals like this don’t jump ship to a “failing company.” KW must have a credible plan here with enough upside for them to join. Next couple of years gonna be fun.

What in the world is going on at $PBI???? investorrelations.pitneybowes.com/news-releases/… Steve Fischer is the new PB Bank President and previously ran a bank 35x larger?? Benoit Robinot left $AMZN for $PBI? David Cossit-Levy left a parallel job at $IQV a company 25x larger than $PBI to work for Kurt? Something big is brewing... why are super talented people suddenly moving over to Pitney Bowes?

@violacapital Thanks. Any thoughts on what a transaction might look like?

$PBI is releasing earnings on February 17, or 48 days after quarter end. This may be noteworthy, as it's their longest reporting delay by far in the last 10 years. Second place was a 39 day wait, on August 8, 2024. That was the day they announced the GEC exit. This quarter's earnings call is also scheduled for the day after the release, which has never happened before. A few things could be happening here. The call will mark 6.5 months since Paul Evans said to "stay tuned" for a bank deal announcement. It's possible they're already near the finish line on this, although it would be a few months faster than I expected. Or maybe they're taking extra time to provide guidance given their recent work on forecasting issues?

@wjmcgurn Every time I start to lose faith in humanity I see something like this and it honestly gives me hope. Cheers to you and your family!

Wow. Am very happy it worked out for you. The scholarship is named for my dad who made many sacrifices to put his six children through college on an FBI agent’s salary. Good luck to you, Tyler.

@Adam_Wyden @sidecarcap Thought the same thing

@sidecarcap $par

When management makes a move that hurts short-term results but boosts long-term value, the market often overreacts. The stock tanks. And intrinsic value rises. It’s the best of both worlds.

@1broadwaybu @dory_1_ Oh man you got me. Well played.

@wabuffo Cash machine.

Great quarter for $GTX. Repurchased $22m of common stock & raises guidance for the full year.

@DadInvest @wabuffo Really the only time I enjoy watching the share price go down is with a company practicing aggressive (and value add buybacks)!

@wabuffo Getting a lot of accretion from the buyback paired with these guys hammering the bid so hard and for so long.

$GTX - looks like the third amigo (Cyrus Capital) finally begins their sale as part of the Garrett insiders' secondary offering. They sold ~1.2m shares of their 4.9m share allotment (24%). By my count, Oaktree is basically done and Centerbridge still has maybe 60% of their allotment to go. Perhaps we see more Form 4s/13Ds here at quarter-end. If the full 19.55m shares (including underwriter option) are sold into the market, there's about 8m more shares to go and this overhang is done. sec.gov/Archives/edgar…

@Wealth_Mgmt_Guy @LeylaKuni @jasonzweigwsj Probably a certain amount of assets left in cash for this purpose I would imagine.

@LeylaKuni @jasonzweigwsj Really really Dumb question here. In order to pay yourself the fees do you just lever up the investment more to get the cash out?

Drop everything and read this article - @jasonzweigwsj describes how Hamilton Lane, in their new secondaries fund, buys assets at a discount, marks up the NAV *immediately* and earns their carry on *unrealized* (!!) gains. Let me translate via example: 1. you buy a house using OPM for $450K in cash (let's say you split profits with investors 50/50) 2. you say the market value is $500K the day after you bought the house (even though you just paid $450) 3. You pay yourself $25K on *unrealized* gains (years before you sell the house itself) 4. Next year you say the house is worth $540k. You pay yourself another $20K in *unrealized* gains - and so on... Democratization of private assets in full swing

@sidecarcap Thanks for all of your posts. You have really helped me rethink management’s importance in investment success. I appreciate your sharing your views. All the best!

Taking a sabbatical from this platform. Can be reached here in the meantime.✌️ sidecarpartners.com

@bill_esbenshade @sidecarcap I think this post nails it. There are plenty of great operators. It’s the great ones who really know capital allocation. How to buy back stock when it’s at 1/10 of its intrinsic value. That’s where heroes are made.

What separates an exceptional CEO from a very good one?

@TheIcahnist @BoringBiz_ Ok this is amazing

What’s the greatest deal of all time – and why?

@sidecarcap Imagine running a DCF model on Berkshire after Buffett bought it. I know Buffett is an outlier, but I don’t think traditional finance can account for the power of shrewd capital allocation.

Exceptional operators create multiple ways for shareholders to win. Shrewd acquisitions. Timely share repurchases. Selling non-core assets. New business lines. Special dividends. And since these are lumpy and unpredictable, Mr. Market struggles to price them correctly.

@PythiaR WALL-E was borderline terrifying in its accuracy.

This is literally the American dream

@fear_munger @JJPhats @medici_ventures Thank you.

@MSB237 @JJPhats Mainly an inability for the core business to sustain itself for long enough to see some of the @medici_ventures assets reach maturity. I came very close to taking the loss when I realised previous management were basically a bunch of LARPers trying to prevent Lemonis joining😆

The abilities of previous management will no longer be a limiting factor for $BYON. Lemonis is not just calling the shots now -he’s executing on them directly, with his cartoonishly strong work ethic. Insider buying is great, but nothing substitutes results & they will come IMO.