In this episode of Yet Another Value Podcast, host Andrew Walker shares his February monthly random ramblings, recorded on February 12, 2026. He examines the growing AI-driven panic spreading across SaaS, insurance, trucking, office, and other sectors, questioning how exponential technological improvement could reshape business models built on intangible assets. Andrew compares the current selloff to prior panics in banks and biotech, highlighting the challenges of assessing risk when assets lack tangible backing. He also explores the balance between hard assets and software businesses before closing with reflections on investor psychology, updating priors, and balancing arrogance with humility.
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[00:00:00] February monthly random ramblings
[00:03:48] AI panic spreading across markets
[00:04:18] Office and trucking selloffs
[00:06:13] SaaS sector widespread declines
[00:09:15] Exponential AI progress concerns
[00:14:20] Hard assets as safety trade
[00:18:10] Media disruption and SaaS analogy
[00:23:05] Updating priors in markets
[00:25:00] Arrogance versus humility in investing
[00:27:10] Invitation for listener feedback
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