Essekia Paul retweeted
And a few months later... my $EWY leaps are now up 485%.
From IV expansion and directional memory longs.
Unfortunately I did see a lot of people sell during the Iran volatility, due to doomposting everywhere on X.
But returns going long on the memory sector from Samsing SK Hynix / $MU have been absolutely disgusting to watch.
If you can model Samsung / SK Hynix becoming the most profitable companies in the world in 2028...
Maybe it's a good idea to just embrace the volatility and let that thesis play out.
Feels like everyone is doom-posting KOSPI saying:
> “Look at the chart, it can’t keep going up like this!”
> Memory is a black hole for demand ( $SNDK taking 3Y preorders )
> $EWY is basically just two stocks, Samsung and SK Hynix, not a representation of the Korean economy
> Like saying Taiwan Index is a bubble because the index that tracks $TSM and Mediatek goes up.
> Memory demand/AI doesn’t just disappear because of a War in Iran, but it does get more expensive.
> Increased energy from crude/LNG get passed down to hyperscalers, not eaten up in opex.
It’s looks to be fear selling and deleveraging (3x ETFs and 10x likely got wiped out today) rather than materially operational (slight bearish headwind, but not enough for -30%).
SK Hynix futures is now trading in the high $300B MC-low $400B range.
If MS and updated analyst projections are even slightly right, SK Hynix’s operating profits for example would be ~$300B.
They’ll be sitting on too much money by 2028 as a cushion if memory prices drops. (and not even considering demand becomes structural).
Looks to be another DeepSeek-Nvidia type fear selling situation, especially as nand/dram prices get hiked again recently. More of a question of timing the bottom.
It’s times like these logic matter more than irrational headline selling.
Essekia Paul retweeted
$CIFR discloses terms for 70MW Stingray lease announced last month, offers $800M senior notes.
>Tenant is AWS
>15-year triple-net lease (100% margins)
>Starts April 27
>Implies $1.9B NOI/MW (high end of what we've seen)
>We had been modeling lower margins; NNN adds ~$1/share
Essekia Paul retweeted
Tentative list (no particular order) : Ti, navitas, on, ifx, wolf
I own all except IFX. Waiting for money to transfer to international accounts to buy.
Essekia Paul retweeted
Explaining to the IRS that this "Nano Banana" is a legitimate business expense
Essekia Paul retweeted
"By the way, what have you done that's so great? Do you create anything, or just criticize others work and belittle their motivations?"
- Steve Jobs on a Critic
