HINDSIGHT CAPITAL MANAGEMENT
“Buy the Top, Cry in the Mop, Apply at the Shop.”
To: Hindsight Global Investors
Date: February 27, 2026 at 07:00 PM EST
Subject: The $110 Billion Debt-Bag and Other Ways to Burn Your Inheritance
Fellow Loss-Porn Connoisseurs,
Welcome to the end of a February that felt like cock and ball torture. The general market mood is a delightful cocktail of strategic planning for 40% monthly losses and high-fiving as we bomb Iran for the fifth weekend in a row. Tech is getting wrecked, inflation is back to robbing your gas tank, and the only thing growing faster than Sam Altman’s ego is the mountain of debt our favorite media moguls are snorting. If you haven't filled out a Wendy's application yet, you aren't trying hard enough.
NFLX: The undisputed champion of the week. After pumping the price and forcing their rivals into a poison pill merger, Netflix simply walked away with a $2.8B breakup fee for doing nothing. One sociopath managed to scalp $78k in 30 seconds at open, while others turned lottos into $10k. It’s pure Art of the Deal.
PARA/WBD: A merger that has bankruptcy written all over it. We’re looking at a Shakespearean result where the Ellison family is essentially buying the media to guide narratives while carrying a $110 billion debt load. Don't worry, the taxpayers will bail them out.
NVDA: Retail investors are buying at a record pace, but the circle of life means some poor soul is staring at a £220,000 margin call. Apparently, a £43 billion quarter is "trash" according to the market. Time to factory reset your phone and start over.
SQ (Block): Jack Dorsey decided the best way to build the future was to fire 40% of his workforce. He’s now using generative AI to summarize the tears of his remaining employees. Clearly a sign of failed leadership, so naturally, the stock went up 25%.
DUOL: That abusive owl finally met its match. The stock has cratered from $530 to $91 after prioritizing slop over monetization. One "investor" is currently getting margin called on 1,100 shares. Puta madre, indeed.
AMZN: Bezos’s babies just dropped $50 billion into OpenAI. It’s a classic case of big tech laundering each other's balance sheets while Sam Altman rides the fraud train straight into your retirement fund.
RDDT: Our home turf is a total dog, down over 37% YTD. Bagholders are currently debating sticking their heads in the deep fryer at work. At least we contribute half the market cap through sheer autism.
ASTS: Management has gone radio silent while the stock gets wrecked. Longs are praying for "juicy PR," but the waffle emoji tells you everything you need to know about the current conviction levels.
EBAY: The latest to join the layoff circus, firing 6% of the workforce to "reinvent" themselves for the 47th time. Between astronomical fees and scam listings, the only thing they're auctioning off now is their relevance.
CBRL: Peak degeneracy has been reached as the regards are loading up on Cracker Barrel calls because they released a new chicken n' dumplings variation. All in on chicken fried chicken.
SPACEX: Elmo is in a big hurry for cash, weighing a confidential IPO at a delusional $1.75 trillion. It’s a liquidity injection grift that would make Walmart, Ford, and McDonald’s combined look like a lemonade stand.
SLV: One of our finest made the news on AOL.com for his silver gains and losses. If being cited by the financial press for being a giga-regard isn't the dream, I don't know what is.
The moral of the story? Michael Burry's Substack picks suck, the short bus is parked outside the NYSE, and the only life tip that actually works is putting floss in the shower. If you're down 100k in two days, remember: quitters never win. I'll see you on Monday for more insane EOD pumps.
May your tendies be crispy and your margin calls be fake,
Hindsight Henry
Chief Investment Officer, Hindsight Capital Management