Episode 37
E37: From Blue Screens to Ballot Boxes - Disruption in Tech and Politics
23 July 2024
This week, we’re swinging through the vines of US politics, wrestling with the CrowdStrike $CRWD chaos, and dishing updates on Luke’s NuScale Power $SMR position. Strap in — it’s a wild ride!
Political Safari:
Joe Biden exits the presidential race, shaking up the political landscape. Luke's prediction pays off handsomely, while Krzysztof welcomes the fresh air this brings to the democratic process.
CrowdStrike Struck Out:
CrowdStrike’s software update causes Windows PCs worldwide to crash, creating tech mayhem in critical sectors. Luke explains the fix: patch was swiftly issued, but in many cases required hands-on intervention to deploy. We ponder the implications: is this a short-lived hiccup or a harbinger of challenges to come? How much of a problem is it for shareholders, and what are we doing about it in our own investment portfolios?
Drawing parallels with Chipotle Mexican Grill’s $CMG e-coli debacle, we explore the perilous art of dodging investment disasters -- is it okay this time to catch a falling knife?
Power Plays with NuScale Power:
As though that’s not enough, Luke also breaks down a decision with his $SMR NuScale Power stock position, after reflecting on last week's analysis. Revenue is years away and the stock has been on an absolute tear, time to buckle down and HODL, or did he run for the hills?
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Segments:
[00:00:00] Introduction [00:01:08] Biden Steps Down [00:08:44] CrowdStrike Struck-Out [00:24:11] NuScale Power - what did Luke do? [00:27:07] CrowdStrike - What Are We Doing? [00:46:30] Why Is Wall Street Wildlife Different?
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