☕️ IonQ just proved quantum computing is no longer a fad

Good morning! 👋 

It’s Hayley here while Keith is somewhere between Tokyo and a very good bowl of ramen.  

Markets are at record highs. Oil is falling. Earnings are beating left and right. 

I'm starting to think we should send Keith away more often. 😄 

Anyway, IonQ reported its biggest quarter in history. (Read) 

• Revenue came in at $64.7 million, a 755% year on year increase  
• Fourth consecutive quarter of record-breaking results 
• Full year guidance increased, expecting 100%+ organic year on year growth  
• Remaining Performance Obligations (RPOs) up 554% year on year to $470M 
• They've now sold quantum solutions in more than 30 countries 

Keith has said it for years: the investors who win aren't the ones who waited for the profit line to turn green before they paid attention. They're the ones who spotted the trajectory early and had the patience and strategy to let it play out. 

Amazon lost money for years. Apple saw its first annual revenue decline since 2001 back in 2016 - right before services, wearables and the ecosystem boom drove it to become one of the world's most valuable companies. Nvidia endured multiple flat cycles before the AI explosion rewrote the rules. And a $1,000 investment in Nvidia twenty years ago? Worth around $434,810 today. 

Which brings me to something Keith says that I keep coming back to this morning. 

Those who know how to analyse major themes, market developments and competitive positioning will have the edge over those who don't. Investors who grasp what's happening and look to the future will do very well, but the diversifiers and allocators grounded in the past might really struggle. 

Here's why that matters right now. 

We are standing at the base of the Sixth Wave - the biggest wave of innovation in recorded human history. AI. Quantum computing. Robotics. Drones. Satellite infrastructure. Personalised medicine, to name a few. They're one enormous wave arriving all at once. 

Just think about how much AI has changed things in the last three years alone. Now multiply that by every other technology on that list, all accelerating simultaneously. 

Moments like this don't come around often. The last one was the early 1990s - when the internet went mainstream, software ate every industry, and personal computing changed everything. The investors who recognised it early and held on changed their financial lives forever. 

The exciting thing is that Sixth Wave is bigger. 

And we are right at the beginning of it. 

Invest where the world is going, not where it's been. 

You got this – I promise! 

And as always, let’s MAKE it a great day. 

Hayley 😀