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Filings: Apple saved $2.7B in taxes this year by routing up to $50B in profits through Singapore, exceeding the $2.6B in tax savings it achieved via Ireland (Financial Times)

City-state overtakes Ireland as iPhone maker's biggest tax shelter according to new disclosures — Apple shaved $2.7bn off …

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What I’ve been reading

1. Fredrik deBoer, All in Your Head: Illness as Identity, Trauma as Fashion, and the Desire to be Disordered. A good book, I am happy to see positions laid out so clearly and starkly.

  • Fredrik deBoer's book critiques illness identity and trauma fashion, with weak autism chapter
  • Colm Toibin's Homage to Barcelona among best city-set novels, explores 1300s Catalonia wealth
  • The Havana Syndrome theory blames Russia for microwave weapons, supported by positive review

Is Broadcom a Buy After Falling 9% in One Day?

The recent drop in Broadcom stock does not align with its fundamentals.

  • Broadcom stock fell 9% due to AI fears in October
  • AI semiconductor revenue surged 143%, accounting for 50% of sales
  • Broadcom projects $115 billion AI semiconductor revenue for fiscal 2026 Q3

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