Mailbag, incl: Aren’t Baristas in the manufacturing industry? April 19, 2026

– Bezos on AI
– Are share purchase plans red flags?
– Does low liquidity make small caps less efficiently priced?
– Are we getting manufacturing and services confused?
– What about small-cap ETFs?
– You called your dog… Diesel???
– What about using fuel excise in place of interest rates?
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