“I do not think it is the place to have your capital. … I already thought the risk-reward was— I couldn't get doubles and triples anymore in memory.”
Memory has likely topped for now; risk-reward gone as everyone piles in and RSI could solve the bottleneck.
“Doesn't at all to me … what you're describing is close to the photographic negative of a sustained bear market.”
S&P correction is a rotation not a bear market; macro is the photographic negative of a sustained bear.
“You've got Anthropic saying recursive self-improvement … This is what I talk about in Eli Lilly. This is what you want to be long now.”
Eli Lilly is the application-layer winner of AI; doubles and triples ahead as pharma rides recursive self-improvement.
“The capital that exited the chip complex didn't leave the market, rotated into healthcare and financials … I see good likelihood of rotation, rotation…”
Capital exiting chips rotates into healthcare; healthcare comes back to life as the new leadership.
“He breaks down how AI agents will create a vast invisible economy operating at machine speed, and that crypto rails, especially major layer level ones…”
Buying Bitcoin on the way down as the AI agent economy needs crypto rails to transact and settle.
“your boy did buy silver and bought Bitcoin … I'm going to give these guys another shout out”
Buying silver as a hard asset in the compute-vs-energy regime; position is down but held.
“elevated prices to persist well into '27 for DRAM, memory bottleneck is a multi-year issue … they can push multiple rounds of price hikes into a tightening…”
Memory bottleneck is multi-year; HPE rerates as DRAM pricing power persists and hardware outperforms
“if we don't get the strait solved in some way and it's still closed, these are going to be a hedge in the portfolio … I think energy stocks and the fact that…”
Energy majors are mispriced; Strait of Hormuz risk keeps oil bid and makes them a defensive hedge
“It did a deal with Siemens and Nvidia … batteries are a necessity. They are a necessity.”
Fluence rides battery storage becoming a necessity for data centers, validated by Siemens and Nvidia deals