Latest / Earn Your Leisure / Why TSM Might Be The Most Important Company In The World

Transcript

Why TSM Might Be The Most Important Company In The World · Earn Your Leisure

• 0:00
  Speaker 1: Well, let's talk about this.
• 0:02
  Speaker 2: I have to cut you off, but all right, so
• 0:03
  Speaker 2: let's get into topics TSM TSM. We haven't talked about
• 0:07
  Speaker 2: TSM in a while. So TSM is having a good years.
• 0:12
  Speaker 2: It's fifty two week low, it's eighty four, one hundred
• 0:14
  Speaker 2: and eighty four dollars, fifty two weeks highs four hundred
• 0:17
  Speaker 2: and twenty dollars, hovering like about four hundred dollars right now.
• 0:20
  Speaker 2: So TSM has not been talked about as much as
• 0:23
  Speaker 2: like Micron or sand Disc. So TSM is TSM on
• 0:31
  Speaker 2: the verge of something historic.
• 0:35
  Speaker 3: I thinks, I mean, I felt like TSM we talked
• 0:37
  Speaker 3: about it so much that it was like, we have
• 0:38
  Speaker 3: to find some new companies to talk about, because oh, yes, right,
• 0:42
  Speaker 3: it's been the company. It's been my number one company
• 0:45
  Speaker 3: that in Amazon. I think since it started to show,
• 0:48
  Speaker 3: just because we know the role that it plays. I
• 0:50
  Speaker 3: think what we're seeing right now over the past week
• 0:52
  Speaker 3: or so, it's kind of like it hit this four
• 0:54
  Speaker 3: hundred mark and it almost felt like it might have
• 0:56
  Speaker 3: been its resistance. But what's happening is that they have
• 1:01
  Speaker 3: so much demand that they're trying to build the FABS
• 1:05
  Speaker 3: fast enough so they can need it, and so that
• 1:08
  Speaker 3: becomes a slight issue, so much so that they've had
• 1:11
  Speaker 3: to sign on other companies to help them with some
• 1:13
  Speaker 3: of the manufacturing. I know, we're trying to get the
• 1:15
  Speaker 3: FABS here in Arizona up and running. They're trying to
• 1:17
  Speaker 3: build out even more so inside of Taiwan. The geopolitical
• 1:20
  Speaker 3: threat is still there. TSM is at the core of it,
• 1:23
  Speaker 3: so much so last week that there was a report that
• 1:25
  Speaker 3: they said that we've talked.
• 1:27
  Speaker 1: About how the cognive AI works.
• 1:29
  Speaker 3: Right ASML makes the machines TSM bias and machines and
• 1:32
  Speaker 3: manufacturers for the rest of the world. They said, look,
• 1:35
  Speaker 3: we're trying to make the next machine ourselves, right Like
• 1:38
  Speaker 3: what ASML does is great, and they still have customers.
• 1:41
  Speaker 3: It's not the fall of the ASML by any means.
• 1:43
  Speaker 3: They'll still have their customers. But they're saying, look, we
• 1:46
  Speaker 3: might even need to be even more dependent on what
• 1:49
  Speaker 3: we can make, and so they're looking at the long
• 1:51
  Speaker 3: term five to ten years, Hey, we build the next
• 1:53
  Speaker 3: EUV machine for ourselves. That way we don't have to
• 1:56
  Speaker 3: spend four hundred million per machine to meet the man
• 1:58
  Speaker 3: and we can produce at the high level, they're not
• 2:01
  Speaker 3: going anywhere. In fact, if that story changes, then I
• 2:04
  Speaker 3: will come on market Moneys and it would be a
• 2:06
  Speaker 3: very different tone. But as long as he and Simon
• 2:08
  Speaker 3: said that the man is still at the highest levels,
• 2:12
  Speaker 3: the backlog is sort of the issue why it hasn't gone.
• 2:15
  Speaker 1: We've said this on here a bunch of times.
• 2:18
  Speaker 3: We wouldn't be surprised if it was a three hundred
• 2:19
  Speaker 3: dollars stock and here we are at four four hundred
• 2:23
  Speaker 3: that that's a company that doesn't go anywhere. Yes, we're
• 2:26
  Speaker 3: very aware of the geopolitical threat obviously with China and Taiwan,
• 2:31
  Speaker 3: but it's vital to the AI story.
• 2:33
  Speaker 1: It has to succeed in order for the space to succeed.
• 2:40
  Speaker 4: Okay, really quick to piggyback off that, can we stop saying?
• 2:48
  Speaker 4: In general, the companies that have gained one hundred and
• 2:51
  Speaker 4: thirty percent returns have not performed how they should. Like,
• 2:56
  Speaker 4: I know some of you are excited and this may
• 2:58
  Speaker 4: be your first year investing. This is not normal and
• 3:00
  Speaker 4: it's not going to continue. Here's what's happening.
• 3:04
  Speaker 1: You let that for a second, like that giving you.
• 3:06
  Speaker 4: Three years worth of games in one year, So when
• 3:09
  Speaker 4: the economy goes to shit, they can say, we gave
• 3:13
  Speaker 4: you the ETF, we gave you TSM, we give you
• 3:17
  Speaker 4: Micron if you haven't figured out a way to be
• 3:20
  Speaker 4: okay and financially viable after this run up, even in
• 3:23
  Speaker 4: private equity, and I'm seeing how many people that were
• 3:27
  Speaker 4: employees of open Ai elect to cash out now oppost
• 3:31
  Speaker 4: await in the IPO, I think is very telling. So
• 3:34
  Speaker 4: even if you're getting two hundred percent gains this year,
• 3:38
  Speaker 4: factor in if the market drops and we have a
• 3:41
  Speaker 4: rough year in twenty seven, you're gonna have to take
• 3:44
  Speaker 4: care of yourself for the next.
• 3:45
  Speaker 1: Two years off of this year's games.
• 3:47
  Speaker 4: That's why Richelle was like, hey, I'm conservative. We've seen
• 3:50
  Speaker 4: the story before. There's been a bunch of high flying
• 3:53
  Speaker 4: stocks that have won up three four hundred percent, and
• 3:56
  Speaker 4: an option as a result has won up seven hundred
• 3:59
  Speaker 4: percent in the early two thousands, and what happened a
• 4:02
  Speaker 4: year later, Tom to twenty twenty one had a hell
• 4:05
  Speaker 4: of a run up. Twenty twenty two came. I'm like,
• 4:08
  Speaker 4: they changed the definition of the recession, but the entire
• 4:11
  Speaker 4: markets still fell. You need a financial umbrella, so it's
• 4:15
  Speaker 4: great and that's why I posted yesterday and today no
• 4:18
  Speaker 4: luxury spending for the next two years.
• 4:20
  Speaker 1: And unless you've hit your freedom numbers or what about,
• 4:24
  Speaker 1: do what you want.
• 4:25
  Speaker 4: But I'm telling you the economy is shakier than ever.
• 4:29
  Speaker 4: And most people on social media that are reporting how
• 4:32
  Speaker 4: well they're doing their lying, we know all of them.
• 4:37
  Speaker 1: So I mean no, no, no AP slash for you.
• 4:42
  Speaker 4: I mean that that price point Xander said, this looks
• 4:45
  Speaker 4: like garbage. I said, listen to my brother, but that's
• 4:50
  Speaker 4: not a luxury price point for me. But shata listen.
• 4:54
  Speaker 4: Even with that, everyone's in competition, even them collaborate. Think
• 4:58
  Speaker 4: about this in the last three mon so we've got
• 5:00
  Speaker 4: a affordable MacBook and an affordable AP.
• 5:07
  Speaker 1: That's telling that.
• 5:10
  Speaker 4: That is very telling about the timing of when these
• 5:13
  Speaker 4: collaborations are coming out.
• 5:16
  Speaker 5: So yeah, yeah, I think just the last point on TISM,
• 5:20
  Speaker 5: if it's up twenty six percent this year, if it
• 5:23
  Speaker 5: if it stopped this year, then traded like that would
• 5:26
  Speaker 5: be a good year, right. Twenty six percent return on
• 5:29
  Speaker 5: a on a company that large, a trillion dollar company,
• 5:32
  Speaker 5: is a great move. If you go span out from
• 5:35
  Speaker 5: year to date, it's up one hundred and seventeen. If
• 5:37
  Speaker 5: you look at the past five years, two hundred and
• 5:40
  Speaker 5: sixty percent, what do you want?
• 5:42
  Speaker 3: Yeah, so like having a trillion dollar company moved twenty percent,
• 5:45
  Speaker 3: it's toimes. That's a that's a really good year. But
• 5:48
  Speaker 3: the crazy part is that it's still part of the
• 5:49
  Speaker 3: growth story and it's going to continue. And I was
• 5:53
  Speaker 3: actually looking at the market caps of trillion dollar companies.
• 5:56
  Speaker 3: You know, we got thirteen right now. We started to
• 5:59
  Speaker 3: show that was none like we were there. So the
• 6:02
  Speaker 3: first one we're at thirteen now, Mike Fron. We watched
• 6:05
  Speaker 3: on Friday it hit seven hundred billion and went over
• 6:09
  Speaker 3: seventy hundred dollars a share.
• 6:11
  Speaker 1: Now up at eight.
• 6:12
  Speaker 3: It's that hit like this will probably be all likelihood
• 6:15
  Speaker 3: the next trillion dollar company.
• 6:16
  Speaker 1: So, I mean, just unprecedent at times,