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Jon Turek

Jon Turek

Aug 28, 2026

15:33
Was that right, or was I reading too much into, into the subtext? [chuckles]
15:38
I am optimistic.
15:39
I would define my optimism, my technology in- information or ability to predict technologies is much weaker than yours.
15:47
But to me, the way I've kind of looked at it from, uh, sort of a thematic perspective is I think you have to treat this as the tails in both parts of the distribution have gone up.
15:56
And I think the way that I've kind of thought about it is, you know, you've introduced this incredible amount of not only spend, but now we're gonna have financing into the economy.
16:06
As we've seen, it's very asymmetric in terms of earnings growth because the way-- just from an accounting perspective, you know, it's immediately booked as profit and revenue for someone.
16:16
It's not immediate.
20:46
I mean, first of all, why are yields going up so much?

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