Podcast
The Universal Owner — Tuesday, August 18, 2026: NVIDIA capped it at $105bn. The power is 92% gas.
The 8-K discloses the cap, the trigger and the indemnity. The DOE disclosed the gas in February.
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The Universal Owner
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Video Briefing
UAO Daily Video Brief — August 18: NVIDIA capped it at $105bn. The power is 92% gas.
The 8-K discloses the cap, the trigger and the indemnity. The DOE disclosed the gas in February.
Video Briefing
UAO Daily Video Brief — August 17: Zero ships crossed Hormuz on Sunday
Reuters, citing Kpler, counted five Saturday transits and none on Sunday, against 31 the weekend before. A vendor zero is not a closed strait.
Video Briefing
UAO Daily Video Brief — August 15: Spain licensed the plant it already had. India closed the window.
Spain licensed Almaraz through 8 June 2030. India closed new FCNR(B) deposits after $52.300 billion. CPP Investments printed a 7.5% quarter.
Podcast
The Universal Owner — Friday, August 14, 2026: Norway's $2.3tn warning. NVIDIA's $500bn. GIC buys in.
NBIM votes 0.01% of SpaceX. GIC backs Anthropic's landlord. Six giants chase $500bn of compute credit. Canada's pensions split 9.5 / 5.1 / 4.8.
Video Briefing
UAO Daily Video Brief — August 14: Norway's $2.3tn warning. NVIDIA's $500bn. GIC buys in.
NBIM votes 0.01% of SpaceX. GIC backs Anthropic's landlord. Six giants chase $500bn of compute credit. Canada's pensions split 9.5 / 5.1 / 4.8.
Podcast
The Universal Owner — Thursday, August 13, 2026: The Verb After the Number
Two numbers from one bank on one day. Only one is a signed commitment of the bank's own capital — and even that has not closed.
Video Briefing
UAO Daily Video Brief — August 13: The Verb After the Number
Two numbers from one bank on one day. Only one is a signed commitment of the bank's own capital — and even that has not closed.
Podcast
The Universal Owner — Wednesday, August 12, 2026: Norway made 1,753bn kroner. Its own calls cost it.
The world's largest fund just posted a record half-year. Its allocation decisions subtracted from it.
Video Briefing
UAO Daily Video Brief — August 12: Norway made 1,753bn kroner. Its own calls cost it.
The world's largest fund just posted a record half-year. Its allocation decisions subtracted from it.
Podcast
The Universal Owner — Tuesday, August 11, 2026: The chip becomes a toll road
Six firms sign MoUs to lend against GPUs as infrastructure — Nvidia may backstop up to $125bn. OTPP's broad-based 9.5%. The Rhine stops at Kaub. Hormuz, disrupted since February, gets a price list.
Video Briefing
UAO Daily Video Brief — August 11: The chip becomes a toll road
Six firms sign MoUs to lend against GPUs as infrastructure — Nvidia may backstop up to $125bn. OTPP's broad-based 9.5%. The Rhine stops at Kaub. Hormuz, disrupted since February, gets a price list.
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