AI Bottleneck Mania: Crashing Up, and the Opportunities Left Behind ↗RGA Investment Advisors argues that a concentrated AI infrastructure trade created dislocations across the rest of the market. It bought GitLab, Adobe, Adyen and Mips on differing AI and valuation theses, funded by sales of Lattice Semiconductor, Disney and Workday plus an Alphabet trim, and expects to retain Fox shares after its Roku acquisition closes.Q2 2026 ADBE$110BADYEN$39BFOX$25BGTLB$7B
Year Zero: How AI Is Reshaping Our Investment Process ↗RGA Investment Advisors has rebuilt its research workflow around Claude Code, structured data tools and cross-model validation while retaining its low-turnover GARP discipline. It argues that Amazon Web Services is positioned to capture AI workflow demand through model-agnostic orchestration, and uses a SaaS risk tracker to identify resilient software businesses and avoid value traps.Q1 2026 AMZN$2.8TGOOGL$4.2TNVDA$5.1T
Working with AI, Thinking with Discipline ↗RGA Investment Advisors formalizes AI use in research, using proprietary-call notebooks and specialized agents to accelerate screening while stress-testing assumptions. The portfolio added Celsius Holdings and Lattice Semiconductor, while Amazon is framed as an AI application-layer beneficiary and position sizing has been reduced amid greater single-stock dispersion.Q4 2025 LSCC$17BAMZN$2.8TGOOGL$4.2TAMDC
