← Earn Your Leisure
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- [00:00]
Podcast Host
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Market Analyst
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Market Analyst
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Brand Ambassador
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Podcast Host
to talk about my downtown.
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Market Analyst
Some things you'd rather type than say out loud.
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Investor/Finance Expert
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Market Analyst
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Investor/Finance Expert
Talk about, you know, MU and all of the other sandisk and drum and all of that stuff. So tap in on Thursday at 7 o'. Clock. Shout out to everybody. I took advantage of the bundle that we did last week. It is over. But everybody that took advantage of it. If not, then you could just it's back to regular, you know, eyuniversity.com monthly annual. But if you took advantage of that three year. Congratulations. If you didn't take advantage, then just get in where you fit in. Like I said, whether it's monthly, whether it's annual, you know. But you know, go to EY University, make sure that you take advantage because that, that class is probably going to be, you know, the most people probably that we had so far so highly anticipated class. So make sure you tap in.
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Market Analyst
Yeah, I'm excited for it, man. I've been cooking up, I gave, I gave shot a little bit of the preview of the direction that we're going while to. Every day I've been out here I just been like, all right, I got to add that, I got to add another piece. There's so much going on. I spoke to Ian a little bit about it earlier. From TSM to. There's so much that it's gonna probably be one of our longer classes and we got a special guest coming in too to go with some options training as well. So EYL University, all the earners make sure y' all pack in. All the new earners, make sure y' all pack in. Is going to be one of those ones. Last time we showed you what happens if you miss a class, right? We showed you some of the returns. If we span that out to a six month, maybe a 12 month range, it gets really, really disgusting. So make sure y' all tap in. It's going to be special, I guarantee you that.
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Tech Industry Expert
And I would be remiss if we didn't celebrate Rashad for elevating to getting a gold jacket, just a light 2000% return on the wake up.
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Market Analyst
He had my. I'm like, why are people hitting me up? I read the post, I said, oh thanks Audi.
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Investor/Finance Expert
Well, let's start with that because that's been obviously one of the, the topics of discussion. You know, every, every couple of years these type of things happen. Happened with Nvidia.
- [04:19]
Tech Industry Expert
Yep.
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Investor/Finance Expert
It happened with Sandisk actually same time as MU MU has happened with man. What. What else has happened in this recent history?
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Market Analyst
I mean all, I mean the entire memory sector if you want to look at it, it's a West, it's Western Digital, it's Seagate as well. I mean we're watching these companies. We've watched it with GEV crossing over 1100, we've watched it with Dell. I mean there's so many parts of this AI story that are just running right now to all time highs and AMD obviously after their report and I'm sure we'll talk about that a little later. The question still remains has the story changed? And the answer continuously is no, it hasn't. And so we've been talking about it on market monies for two years now. Right. So like when people are talking about micron, it was $86, $87, we understood what the GPU was and I'm glad that people came to a realization of what that actually is. And to understand how that's going to work inside of the data center rack and then understanding what memory, the component and the part that it plays, it's vital. And the fact that there's a shortage means that now we can control price. And when you can control pricing on something that is in demand, you're seeing legendary returns. And so it's interesting, after they reported it's blowout quarter and we were like reporting and going, I'm like, look, sometimes the numbers are not matching what the stock is doing. Sit tight, we're going to be in for, for a nice street here. And here we are crossing over. What is it? Did it get to 7, 800 today? Nearly got to 800. Yeah, we said it was going to 4, we said it was going to 5 and here we are. So the story's not over yet. Still has more legs. We're still in 2026, it's been sold out up until 2027 and I think the story still continues.
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Tech Industry Expert
Yeah, hit a high of 8, 1867 today. Amazing return. And you know what I love about the story when it comes to Nvidia, AMD, Micron, SanDisk, they are real companies that are focused on enterprise that deliver real results. Like for a while there are a lot of companies that were getting a lot of attention that were not great businesses. So even for the point where everyone keeps making like us, this is comparable to 1999. These are some of the strongest profit margins I've ever seen in these types of businesses in tech ever. Like this class of technology companies is probably 15 times better than the ones in 99. But hell of a run for Micron. I know everyone wants to know, is there more room to grow? There is. Do I think they'll split at some point? They're going to have to if they keep running at this pace. But once again, Rashad, I want to give you credit not only for holding on for one, but for multiple and being an advocate for a quality company.
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Investor/Finance Expert
Appreciate it.
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Tech Industry Expert
Don't come here being gracious.
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Market Analyst
No, don't.
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Tech Industry Expert
No, I want you shotty.
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Market Analyst
I know, I think it's, I think it's important. Right. Like I, I think I Think people understand when they watch this, they watch us, they know I'm, I'm extremely bullish on a lot of these, these companies shot. It kind of takes more conservative approach. So like watching something that goes from 10% to now, 2000% shout out to G. He just hit 2000% as well. Like what, what is the mind frame of the conservative investor as he's watching? Appreciation?
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Investor/Finance Expert
Well, you know, I'm always a paranoid person just in life in general. You know, I think, you know, that's just, I'm paranoid. So I always think about what the worst case scenario could happen. So I think you always, you always got to be mindful during good times of, of just, you know, thinking about what could potentially happen go wrong. And there's a lot of, there's a lot of talk about that right now on Instagram, at least on my algorithm.
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Tech Industry Expert
It's too much of it.
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Investor/Finance Expert
There's a lot of talk of, like you said, and comparing it to 1999, comparing it to 2008, comparing it to, you know, a variety of different stock market crashes that have happened in the past. So I think that, yeah, the companies is a difference between what happened in them. But you still gotta think, you know, just be mindful there's geopolitical things that can happen as midterm elections is going to be interesting. Talking about the Republicans redistrict, Redistricting.
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Tech Industry Expert
Yeah.
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Investor/Finance Expert
And so now that looks like that, you know, they might actually be able to hold on to the House, which looked like they were going to definitely guaranteed lose the House. Now that kind of changes the geopolitical landscape of things. Iran, you know, you got Netanyahu goes on 60 Minutes yesterday talking about the goal is for Israel to not rely on America at all, all anymore and not have any more funding within the next 10 years.
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Market Analyst
Said Done.
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Investor/Finance Expert
Well, 10 years is a long time, but still. So it's a lot going on right now, huh?
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Market Analyst
Yeah. I said after all those years to say like, yo, listen, in 10 years, we don't want to have anything to do with this.
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Investor/Finance Expert
Give me 10, just give me another 10. I'll figure it out. I'll figure it out. I'll figure it out. A decade. It's definitely historic, you know, it's definitely historic. As far as, you know, just coming from a world of finance, that's not something that, you know, is ever really thought about something 2000%, a thousand percent, something like that. That's really like even private equity returns really on a public market. So, you know, I think it takes A while to actually even fully believe. Yeah, that's not something. Like I said me, I was in traditional finance for 12 years. So, you know, that's something that I still kind of have that, that level of thinking as far as, you know, more conservative safety, don't lose money, which is always going to be. The thing is not.
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Tech Industry Expert
That's the number one rule.
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Investor/Finance Expert
But, you know, you start, you got to kind of rewire your belief system a little bit to have, you know, more. Take more risk and, and just have a little bit more, you know, optimistic view on things that not are. Are not traditionally possible during, you know, regular financial structures.
- [10:47]
Tech Industry Expert
Yeah.
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Market Analyst
Really quick, I think that that's important. Like, literally that's a, that's a phone call that we just had. Like what he was just saying, literally is a phone call that we had. And the, the premise of it was like, think of the times that we're in where like, not only are you doing 2000%, but like you're watching communities of people that are saying, hey, I'm only at 600%.
- [11:10]
Tech Industry Expert
Yeah. Like they're feeling like they're failure at 400. Somebody's lifetime return at one point, 100
- [11:18]
Market Analyst
is not good anymore. Whereas, like, you come from a world in 2008 when you're starting this where 7 to 12 is like, hey, if I can guarantee you that this is, this is really a good year. And now you've done 2000%. This is not the first time you've gone over a thousand. It's not the first position. So it's just a new time. And so I appreciate, I wouldn't call it a pessimistic view. I call it more of a conservative view because it gives me a chance to explain my bullish case over and over. And so far the story hasn't changed. And so I don't think the returns are going to change because like you said, Ian, these companies are actually making real money.
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Tech Industry Expert
Yeah.
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Market Analyst
They have real revenue and they have real guidance. And each quarter they're beating those, those numbers. And that's going to continue for at least to the end of this year and I think definitely into 2027 until we see something, something drastically change.
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Investor/Finance Expert
I think the only thing that changes this, Ian, and just I would like to get your perspective on it, is the companies are obviously legitimate companies and they produce real products. They're not like just phantom, you know, nonsense. Is the demand over hyped. That's the thing that people I think are concerned about. There's a, there is a demand and there's a, there's a. But the AI demand, there's been a forerunning of it. So like if when it all settles down, well, AI will definitely be here and we'll definitely be a part of it. But will the demand, even if it comes down a little bit, that could be, that could make drastic.
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Tech Industry Expert
It could be devastating for those who are not disciplined. And I want to. You could. And one thing I want to say, you can be a conservative bull and also to the asset class that you use to express your belief in your bullish case matters. So like you did it in options, I choose to do it in futures. Right. So that matters the selection. But to your point, would that be a place where we get to a mean. Where the returns aren't as high? Yes, but I think the elite companies are going to remain elite is no different than like when I look at OpenAI and I said this before, OpenAI is the apple of AI and anthropic is the Microsoft. It's the same battle from 30 years ago. Now you have gates versus jobs, the capitalist versus the creative, the psycho person versus the more structured person. In terms of PR. It's the same going back to story. The same story when you're going around making your case to go public. Anthropic has done a better job. And even like when Apple was coming public. Right. A couple years later, then you hear about Steve Jobs parenting style and how he's not as president. That was to devalue the leadership of Apple which affected their stock to make you lean more on a safer Bill Gates, who was safer at the time. Now we can argue if it was an illusion or not. Right. But my thing has always been you have to be hyper concentrated. The only case to be in any market is a bull. Because even when people are making that 1999 comparison, I'm like, what benefit do you get over the market crashing because you missed out. Like let's say you short the market and you shorter with options or futures and your best case scenario you may get 4 or 500% because you're not going to stay into the very bottom and you're not shorting at the very top. Hold for the long term for great quality companies. But do I think the demand will be there? Yes. Is there going to be some fallout amongst the companies who attach themselves to AI that are not of high quality? Absolutely. And I think that restructuring will come in late 2027.
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Market Analyst
Yeah. I think the key word you said there was shoddy was the man. I think that that's the word that I'm always looking for in every report. And the most important report happened in early April and that was tsm. And once TSM tells us that the demand has tripled or it's doubled or it's quadrupled, then I know the AI story is still very much intact. There are other companies that report and that helps. But if I know the manufacturing right, the order capacity, because it doesn't matter if it's Nvidia, if it's Google, or if it's Meta, or if it's Xai, the manufacturing capacity still comes through tsm.
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Market Analyst
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Podcast Host
own business, you own every decision.
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Commercial Announcer
Catch the red eye or take the
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Brand Ambassador
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Podcast Host
Celebrate a win with the toast at the gate or unwind at the lounge.
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Commercial Announcer
Big props to this team.
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Podcast Host
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