Armando Pantoja · Sunday, December 6 Positioning for the Next Economic Cycle

Armando opens the final day with the three calls he got wrong this year, and why. Not the wins, the misses: what he weighted, what he underweighted, and how the framework changed because of it. Then where the model says the money goes next: the layer every technology runs on, compute, data and energy, and why capital accrues to the scarce layer rather than the popular one. Three moves to close: pick your layer, size it honestly, give it time.