I've been shifting my investments to more AI-focused bets.
Here's an overview of my larger positions, in descending order of how
eager I am to recommend further purchases now:
MU - AI is memory hungry, and MU is in a good position for almost
NVDA-like growth
CSIQ - solar, for AI-related power demand
ASML - semiconductor equipment
SCIA - semiconductor equipment
GOOGL - for TPUs, DeepMind, and Waymo
SMCI - datacenter
NVDA
AMPX (and AMPX.WS) - batteries suitable for drones
TSSI - datacenter
CLS - close to half of its business involves datacenters
PDEX - a fairly safe way to diversify my portfolio
MTG - a fairly safe way to diversify my portfolio
ASTS - expanding cell phone coverage; I'll likely sell when I can
get long-term gains
Short positions:
SP500 futures - hedging against risks such as tariffs
SOFR futures dated 2029 through 2032 - betting that interest rates
will rise due to AI
WMT - it's got a high PE ratio, and little sign of growth
[This is not at all a complete list, as I have smaller positions in
something like 150 other companies.]
AI stocks are likely to form a bubble someday, but I'm guessing the
peak of that bubble is more than a year away.
I still have some concerns about tariff-related damage causing some
declines sometime this year. I'm optimistic that the courts will strike
down the per-country tariffs this fall. It shouldn't take long for the
country to recover from the tariff damage once the tariffs have been
removed.
Beware that even in a strong bull market, there will be periodic scares,
such as January's DeepSeek-trigger panic, that cause sharp drops in
leading stocks. AI-related stocks had a big rally in June, and are
likely to consolidate for a while before the next such rally.
I've been shifting my investments to more AI-focused bets.
Here's an overview of my larger positions, in descending order of how eager I am to recommend further purchases now:
Short positions:
[This is not at all a complete list, as I have smaller positions in something like 150 other companies.]
AI stocks are likely to form a bubble someday, but I'm guessing the peak of that bubble is more than a year away.
I still have some concerns about tariff-related damage causing some declines sometime this year. I'm optimistic that the courts will strike down the per-country tariffs this fall. It shouldn't take long for the country to recover from the tariff damage once the tariffs have been removed.
Beware that even in a strong bull market, there will be periodic scares, such as January's DeepSeek-trigger panic, that cause sharp drops in leading stocks. AI-related stocks had a big rally in June, and are likely to consolidate for a while before the next such rally.