russellclarkMay 18, 2026Public PostDecided to grasp the nettle... the Softbank financing looks fragile, so going for the weakest trading member - Oracle. I would add to portfolio - but currently offline. Will do when I can.
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russellclarkMay 13, 2026Public PostThe SVF where most of the value of Softbank lies these days has a concentrated profile. In SVF2 - Paypay is the biggest position, mainly due to its recent successful IPO. Much of the rest of the portfolio is loss making. The big uplift is from still private companies. Coupang, the biggest public holding in SVF1 has been crushed in last month or so... Or in essence, most of the value of Softbank is now in non-public companies.
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russellclarkMay 11, 2026Public PostARM is interesting. It is turning itself into an AI play - and its new CPU designs are supported by all the hyperscalers. But break ARM, you break Softbank, and you break OPEN AI. Alternatively, if OPEN AI and other AI agents start raising prices to generate cash, does demand drop? Is demand only strong because Chat GPT offers an internet search option uncluttered with ads?
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