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Newsletter track records

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Today, Globant’s is the leading A.I. consultancy in America whose clients include Coca-Cola,  Nissan and even Google. https://www.globant.com/news/globant-acquires-pointsource-reinforce-its-focus-digital-transformation  https://stayrelevant.globant.com/en/technology/automotive/nissan-intelligent-mobility-with-globant/

It’s a company you’ve never heard of… and they’re taking over with a technology you can’t see – radio frequency. https://www.inc.com/magazine/201705/victoria-finkle/founders-10-2017-impinj-radio-tracking-tags.html

The cofounder of Impinj is a fellow Caltech alumni. Chris Diorio: https://www.impinj.com/about-us/management-team.

Just over there is where Stanford students Sergey Brin and Larry Page wrote their first Internet search algorithm, called “backrub”… https://en.wikipedia.org/wiki/History_of_Google

More than 1,700 NEW MILLIONAIRES are created in America every day…  https://fortune.com/2016/11/22/us-millionaire-wealth-inequality/

Digital Cameras: In 1976, Kodak’s first digital camera shot at 0.1 megapixels, weighed 3.75 pounds and cost over $10,000. Today’s digital cameras are a billion-fold better (1000x resolution, 1000x smaller and 100x cheaper). 


Today’s digital cameras have 1,000-times the megapixels… weigh 14 grams and cost $10... 6:21 of this video: https://www.youtube.com/watch?v=NDXUJpa8V0I

The smartphone in your pocket is 1 million times faster than the computers that sent the first men to the moon. https://www.zmescience.com/science/news-science/smartphone-power-compared-to-apollo-432/

In the year 2000, it cost $46 million to buy a computer that could perform 1 trillion operations per second. ASCI Red: https://www.extremetech.com/extreme/125271-the-history-of-supercomputers/6#:~:text=ASCI%20Red%2C%20with%20over%206%

Teraflop = 1 trillion calculations per second: https://phys.org/news/2006-06-world-teraflop-supercomputer-decommissioned.html

By 2016, you could buy a computer that performed eight times that many operations per second… for just $400. PS4: Improvements in GPU 16-bit variable float calculations derived from the newer AMD Vega architecture result in the PS4 Pro having a theoretical half precision floating point performance of 8.39 TeraFLOPs.


COST: https://www.ign.com/articles/2016/09/07/ps4-pro-price-and-release-date-announced

Today, you can log onto ChatGPT and access the power of a supercomputer capable of performing 100,700,000,000,000,000 operations per second… absolutely free. https://zahere.com/do-you-know-the-supercomputer-that-powers-chatgpt

It took 120 years for the landline telephone to gain full adoption. But less than 20 years for the mobile phone…  It took 50 years for the television to reach peak adoption… but only 30 years for the PC. It took the internet 18 years to achieve mass adoption.   https://www.researchgate.net/figure/3-Technology-adoption-rates_fig2_313796154

But ChatGPT? Just six months. https://www.statista.com/chart/30003/usage-of-ai-tools-in-the-united-states/#:~:text=Word%20of%20ChatGPT’s%20capabilities%20spread,

It took Google, founded in 1998, just 8 years to reach a $1 billion market cap.  https://www.researchgate.net/figure/Years-to-market-capitalization-of-a-billion-USD_fig1_307560120

 In 2016, it took a young company called Jet.com just 4 months to become a billion-dollar company. https://fleximize.com/unicorns/#:~:text=US%20shopping%20site%20Jet.

It took Netflix a decade to make its first billion dollars: https://www.fastcompany.com/90310332/it-took-amazon-5-years-to-make-its-first-1-billion-and-only-2-days-to-make-its-latest-billion

It took them 48 years to become a trillion-dollar tech company. But Apple’s next trillion? And the next? Just two years each.https://www.nytimes.com/2022/01/03/technology/apple-3-trillion-market-value.html

Instead of every 2 years like Moore’s Law, performance is doubling every 3 months. https://www.zmescience.com/science/ai-is-outpacing-moores-law/

It was doing $6 billion in annual revenue in 2004… but by 2010, they’d declared bankruptcy. https://www.ibtimes.com/sad-end-blockbuster-video-onetime-5-billion-company-being-liquidated-competition-1496962

In 2019 alone, a record 9,300 retail stores announced closure. https://www.cnn.com/2019/12/19/business/2019-store-closings-payless-gymboree/index.html

Already 1 in 4 companies have replaced workers with ChatGPT. https://www.resumebuilder.com/1-in-4-companies-have-already-replaced-workers-with-chatgpt/

Yet, during its spectacular run to the top, Salesforce was widely ridiculed by traditional stock analysts and fund managers. https://www.fool.com/investing/general/2013/06/03/salesforce-stock-is-going-nowhere-heres-why.aspx



Last year alone, nuclear fission startups took in $4.7 billion in private investment. https://finance.yahoo.com/news/10-nuclear-energy-stocks-billionaires-132307983.html

Microsoft has already signed binding purchase agreements with a nuclear fusion startup funded by ChatGPT creator Sam Altman. https://www.theverge.com/2023/5/10/23717332/microsoft-nuclear-fusion-power-plant-helion-purchase-agreement  

In 2015, Shopify had 162,000 businesses using its platform.  https://www.practicalecommerce.com/Shopify-IPO-to-Value-Company-at-1-Billion

By 2023, that number grew to more than 4 million.  https://www.demandsage.com/shopify-statistics/#:~:text=Shopify%20Store%20Statistics,are%20live%20on%20the%20Internet.

It went from being a $1.2 billion company to an $87 BILLION company – 72-times bigger – during that time! https://fortune.com/2015/05/20/shopify-ipo-pricing/  finance.yahoo.com/quote/SHOP?p=SHOP

So as long as Copart simply keeps their platform updated, they sit back and rake in service fees on over 1 million car sales per year. https://en.wikipedia.org/wiki/Copart

His most recent project is a venture-backed startup using A.I. voice analysis to detect lung disease in its very early stages. https://telling.ai/

Another of my top contacts is a guy who’s been called one of the greatest entrepreneurs of all time and the most successful founder in history. https://www.tonyrobbins.com/podcasts/unicorn-founder-bill-gross/

He’s been involved with 300 rounds of financing of more than $3.5 billion And 45 successful IPOs and acquisitions. https://firstround.com/review/Lessons-Learned-from-Bill-Gross-35-IPOs-and-40-Failures/  https://www.businesswire.com/news/home/20200804005438/en/Heliogen-CEO-Bill-Gross-Named-to-Fast-Company-Most-Creative-People-in-Business-List-for-2020

Agent fees, staging costs, closing costs, repairs, and more often take out more than 10% of the sales price of the home. https://www.bankrate.com/real-estate/how-much-does-it-cost-to-sell-house/

Opendoor Links:











See page 43: https://investor.opendoor.com/static-files/ce529554-3b42-44df-81f2-11c6157ce3fd

Slide 7: https://www.opendoor.com/w/wp-content/uploads/2020/09/Opendoor-overview-investor-presentation.pdf


Amazon created a virtuous, self-reinforcing cycle that exploited the network effect to the tune of creating a company worth more than $1 TRILLION. https://www.google.com/finance/quote/AMZN:NASDAQ

So far this year, the stock has returned nearly three time more than the Nasdaq. – https://www.forbes.com/sites/petercohan/2023/07/17/mongodb-stock-up-11800-since-ipo-generative-ai-could-send-it-higher/amp/

This young company is being called the next “de facto A.I. partner for large enterprises.  https://www.barrons.com/articles/yext-stock-ai-layoffs-search-dc17858e

Their revenue has grown at triple-digit rates in six of the past eight quarters, and next year’s forecasts were just revised higher.  https://www.nasdaq.com/articles/symbotic-ai-robots-disrupt-warehouse-industry-stock-price-soars

50% of today’s Fortune 500 companies will die in 10 years and be replaced by startups we haven’t heard of yet. https://www.thegeniusworks.com/2020/01/at-least-40-of-all-businesses-will-die-in-the-next-10-years-if-they-dont-figure-out-how-to-change-their-entire-company-to-accommodate-new-technologies-75-facts-about-business/

Lidar helps autonomous cars “see” their surroundings by bouncing a laser beam off objects in their path. https://velodynelidar.com/what-is-lidar/#:~:text=How%20Does%20Lidar%20Work%3F,calculate%20the%20distance%20it%20traveled.

No one has found a way to produce lidar sensors cheaply enough to enable driverless cars to be produced on mass scale. https://www.technologyreview.com/2017/11/28/147443/lidar-just-got-way-better-but-its-still-too-expensive-for-your-car/

Enter the startup company behind me, headed by a 27-year-old boy genius who’s already being called the next Elon Musk. https://www.mccourier.com/the-whole-world-has-just-discovered-the-next-elon-musk-and-hes-already-a-billionaire/

Instead of going to high school, he attended the University of California, Irvine Beckman Laser Institute as a teenager, one of the top laser research centers in the world. https://www.entrepreneur.com/article/361130

In fact, it is the only sensor in market that broadly meets ALL automobile manufacturer system requirements for perception tech. Slide 19: https://investors.luminartech.com/static-files/d5fe72a1-a244-4a39-bbe8-afe5c30a98ed

But the real breakthrough is how this whiz kid has figured out how to make these sensors at just a FRACTION of the normal costs. https://www.wired.com/story/lidar-cheap-make-self-driving-reality/

Seven of the top 10 passenger car original equipment manufacturers have partnered with his business, including Ford, Honda, Toyota, GM, Volvo, and more. Slide 30: https://observer.com/2020/02/peter-thiel-dump-facebook-stock-before-2020-election/#:~:text=Thiel%20invested%20%24500%2C000%20in%20

Altogether, his company has established commercial partnerships with 75% of the global passenger vehicle, trucking, and driverless-taxi ecosystem.  Slide 30: https://observer.com/2020/02/peter-thiel-dump-facebook-stock-before-2020-election/#:~:text=Thiel%20invested%20%24500%2C000%20in%20

This could be like uncovering Intel in the 1980s as they were debuting the silicon microchip that would make personal computers ubiquitous in homes across America!  Before it soared over 90X. 42 cents in 1981 (1981 was as far back as I could find) to $49 today. 


Thanks to applied A.I., the hardware and software used in the energy industry is becoming so powerful that computers can now optimize the perfect method for drawing ore from the ground… they can identify and harness the best source of energy in real-time… and they can forecast and sidestep power outages a day in advance… The implications are incredible… and, economically, Forbes has estimated it’s part of a “$100 Trillion investment opportunity.” https://saskatoon.ctvnews.ca/saskpolytech-harnesses-power-of-a-i-for-uranium-mining-1.5816092  https://www.stem.com/wp-content/uploads/2021/05/Stem-Solutions-Overview_Athena_May-2021_v10.pdf  https://blog.fluenceenergy.com/how-ai-and-machine-learning-are-driving-value-in-a-clean-energy-future  https://www.forbes.com/sites/davidcarlin/2021/06/02/the-ieas-net-zero-climate-pathway-is-a-100-trillion-investment-opportunity/?sh=35da72015597

If you want to join conventional Silicon Valley venture deals, you’ll need a net worth of at least a million dollars and make $200,000 per year. https://velawoodlaw.com/how-to-angel-invest-what-is-an-accredited-investor/



Shares of Jeff Bezos’s firm Amazon are up 1,400 -fold since the company’s IPO. – . 09 on 5/16/97 to 133.77 07/17/23 = 148,577% https://www.google.com/finance/quote/AMZN:NASDAQ

Shares of Elon Musk’s Tesla are up 22,364% since the company’s IPO. 1.28 on 7/2/10 to 287.54 07/17/23 = 22,350% https://www.google.com/finance/quote/TSLA:NASDAQ

Shares of Globant then tripled, giving my readers an opportunity to make peak gains of 211%… 8/1/2019 – GLOB was $110.20, Peaked at $342.01 on 5 November 2021, a 211% gain.

Today, Apple is a $3 TRILLION company. Early backers made more than 900-times their money. 15 cents in 1/2/81 to 193 on 7/17/23 = 913X

Early Netflix investors made more than 370-times their money. 1.21 on 5/24/2002 to 450 7/17/23= 438

Early eBay backers saw more than 59-times their money9 cents on 9/25.98 to $47 on 7/17/23 = 59x

Folks who backed Facebook early on saw an incredible 250X return $1.11 in pre-ipo markets in 4/2009


$310 today: https://www.google.com/finance/quote/FB:NASDAQ 

Early backers of Nvidia were rewarded with 1,133-fold returns! .41 on 1/18/99 to 464.61 on 7/17/23 = 


A startup named MicroVision as much as quadrupled investors’ money this year 1.82 on 4/25/23 to 7.65 on 6/8/23 =  https://finance.yahoo.com/quote/MVIS

A small company called Verses AI has shown early backers as much as 6X returns... .39 on 11/9/22 to 2.61 on 6/5/23 = 6.6X https://finance.yahoo.com/chart/VRSSF

Investors in Silicon Valley startup CXApp could have captured as high as 9X returns on their money. 1.50 on 4/6/23 to 13.85 on 4/14/23 = 9X  https://finance.yahoo.com/quote/cxai/

That’s why I recommended digital payments company Square, now known as Block, before it soared as much as 15X.  Recc’d SQ 5/3/17 https://investorplace.com/2017/05/buy-square-inc-sq-stock-mobile-pay-trend-grows/

$18.28 on this date: https://finance.yahoo.com/quote/SQ/history?period1=1493596800&period2=1493942400&interval=1d&filter=history

Hit 275.10 on 8/2/21:

18.28 to 275.10= 12.2X

Since going public in 2004, CRM shares are up more than 50-fold: $4.25 at IPO to $227 today: https://www.google.com/finance/quote/CRM:NYSE

Folks who followed my recommendation got in on Wayfair before it soared as high as 800%. Recc’d on 8/10/16 https://seekingalpha.com/article/3998367-wayfair-opportunity-in-rubble

Price on that date: 37.72 to 340.66 on 8/21/2020 = 803%



NextEra is up 40-FOLD59 since its IPO. 1.81 on 7/31/1972 to 72.85on 7/28/23 =  40.24X


Public Service Enterprise Group is up as much as 11-FOLD since going public… 6.30 at IPO in 1972 to 70.00 in 3/31/2022 =


And Cameco rose as much as 72-FOLD61 over 4 years. .72 in 3/2000 to 52.43 on 12/31/2004 = 72X


Digi International, which is up nearly 21-FOLD. 1.98 on 9/27/2002 to 41.72 on 7/31/23 = 21X


Silicon Motion Technology, up as much as an incredible 44-FOLD. 2.06 on 2/27/09 to 92.07 on 12/23/21 =  https://www.google.com/finance/quote/APPS:NASDAQ

And InTEST, which is up as much as 133-FOLD…jumping from 20 cents a share to $26 today. .20 on 12/5/08 to 26.26 on 6/30/23


And the stock (SHOP) has risen as high as 15-fold since I recommended it in 2017. https://investorplace.com/2017/10/ignore-citron-report-and-use-this-dip-to-buy-shopify-inc-us-shop-stock/

9.79 on 10/6/17

152.48 on 8/31/2021 = 15X


Compare that to high cost, “slow growth” companies like FedEx or GM and it isn’t even close. https://finance.yahoo.com/quote/SHOP/chart?p=SHOP#eyJpbnRlcnZhbCI6IndlZWsiLCJwZXJpb2RpY2l0eSI6MSwidGltZVVuaXQiOm51bGwsImN

Thanks to incredible demand for its services, Paycom’s market value increased nearly 22-FOLD since 2014.  15.41 on 4/30/14 to 348 on 7/19/23 = 22X


In fact, it has very few employees compared to other “traditional” payroll companies. 3,765 employees vs 58,000 for ADP



Copart’s shares have soared 317-fold since their IPO, beating the S&P 500 by 34 times over. 31,799% (CPRT) vs 926% S&P = 34X


Folks who got in when I recommended the stock at under two bucks a share had the chance to see as high as 83-fold gains. Recc’d AMD on 7/10/15 at 1.96

This could be like uncovering Intel in the 1980s as they were debuting the silicon microchip that would make personal computers ubiquitous in homes across America!  Before it soared over 90X. 42 cents in 1981 (1981 was as far back as I could find) to $49 today.


Or if you put just $5,000 into my recommendation of Blink, You could have seen $138,000 in just over a year!  Recc’d on 11/20/19 at $1.73



Went to 49.50 on 12/24/20 = 27x


And this digital textbook platform before it went up as high as 23X… Rec on 5/4/2016 at $4.34, 2/11/21 – close $106 = +2,342%




When I think about the insights that Luke gives me…

This guy is on top of everything – A.I., semiconductors, software, EVs, the network effect, storage, scalability. Every dimension you can think that’s on the leading edge of technology, he is totally on top of it.

So many of us wish that we had had the foresight 20, 30 years ago to invest in Apple…

I’m not gifted enough to have been able to have figured out all of that, but I’ll be damned if I’m going to be left out in the next tidal wave, which is A.I.

I want to be on the forefront of it. And Luke Lango totally keeps me there.

Luke comes across as this humble guy and he calls himself an analyst. And I think, “Excuse me, you are a lot more than an analyst. You are a god to me, you’re not just an analyst.”

I hang on his every word.

Mike Lorelli