32 Comments
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Citrini's avatar

SHRUB STOP TALKING ABOUT CHINA YOURE GONNA JINX IT

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Le Shrub's avatar

I'm really sorry. I jinxed it already. From here on, I will refer to China as "THAT country"

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R Vargas's avatar

Ditto!

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Philoinvestor's avatar

In 1999, the "big players" of the time were still competing HARD to win their respective fields. It was early days for the internet...They were fighting and investing to win and become the incumbents (and make money)

TODAY, arguably they have won, as they print tens of billions of dollars every year - NOW what they are trying to do is not get outraced by others, and so they try to stay in the forefront of the AI rush.

For me this can mean one (or a few) thing(s), they will throw and throw cash to stay ahead, pumping up the whole space in the process.. As I explained here: https://www.philoinvestor.com/i/141061987/reflexive-bubble

Conclusion: We've got a lot of balls in the air, and I don't know what will happen when the music stops.

Conclusion 2: This should be fun.

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MR's avatar

SuperMicro?

More like

SuperMonkey

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cheryl adelman's avatar

One of your best!

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Louis Philippe de S Bergeron's avatar

Phenomenal piece, as always! Merci Mr. Le Shrub!

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Humberto's avatar

Wow! Completely missed the impact of SMCI on Russell; the reminder of the impact of Mag 7 on Nasdaq this year was also appreciated. 🙏🏽

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gun_on_substack's avatar

Excellent read Shrub!!

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HaroldM's avatar

Nice write up Shrub! I set tight trail stops for all my AI plays. The ones that fail will be sold, the ones that exceed will be added to. Lots of charlatans out there pumping some names.

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Leah's avatar

Good read, thanks Shrub

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Ross Davies's avatar

Great piece shrub, many thanks

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thomasfrompoland's avatar

Probably the best piece I've read in a long while. Thank you Shrub !

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Jhoss's avatar

Wow! Amazing share. Thank you

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Humberto's avatar

Surprised you didn’t mention the inflation winners. Tho these may be tagging along on the China trade, EM, energy and base metals miners had a good week

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Le Shrub's avatar

I already spent 2 days on this piece, had to save something for other pieces!

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Cornelius's avatar

This is so good!

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mendo's avatar

You do not short/hedge given the statement?:

: Bill is a great investor. I actually think he is Max Smart, because he walked away from such nerve-racking and, frankly, pointless activities such as shorting and only engages in “psychological” shorts from the looks of it

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E.T.'s avatar

Not only this is an excellent Shrub-stack with many important points, it's also hilarious. Both your analysis and sense of humor are top-notch!

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