Sizemore Investment Letter

Sizemore Investment Letter

Sometimes They Really Do Ring a Bell, Part II

Charles Sizemore's avatar
Charles Sizemore
Dec 19, 2025
∙ Paid

Back in October, I asked if Oracle (ORCL) was the canary in the coalmine signaling trouble in AI land. The company announced at the time that it’s AI-related business wasn’t all that profitable.

The margins were a rather unimpressive 14%. Oracle’s legacy software and services businesses generate margins of around 70%.

Sizemore Investment Letter is a rea…

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