I just bought puts on the symbol AI. I don’t know what they do. I don’t know who they are. Or what their opportunities are, or what their prospects are in the future, or what their favorite footwear is. And I don’t care. My hunch is that this organization’s principal asset is a really cool ticker symbol, and I think that’s just plain stupid. And I’m willing to put money on the line based on that perception, and little else.
