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The AI Boom Isn’t Over! Micron Technology Just Proved It! · Earn Your Leisure

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  Speaker 1: About you know, MU and all of the other sand
• 0:03
  Speaker 1: disks and drum and all of that stuff. So tapping
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  Speaker 1: on Thursday at seven o'clock, shots everybody I took advantage
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  Speaker 1: of of a bundle that we did last week. It
• 0:12
  Speaker 1: is over, but everybody that took advantage of it. If not,
• 0:16
  Speaker 1: then you could just it's back to regular you know,
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  Speaker 1: ey University dot call monthly, annual. But if you took
• 0:23
  Speaker 1: advantage of that three year, congratulations. If you didn't take advantage,
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  Speaker 1: then just get in where you fit in. Like I said,
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  Speaker 1: whether it's monthly, whether it's annual, you know, but uh,
• 0:32
  Speaker 1: you know, go to e Y University. Make sure that
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  Speaker 1: you take advantage because that that class is probably going
• 0:36
  Speaker 1: to be you know, the most people probably that we
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  Speaker 1: had so far, so highly anticipated class.
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  Speaker 2: So make sure you chap in.
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  Speaker 3: Yeah, I'm excited for it, man. I've been cooking up.
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  Speaker 4: I gave I gave Shoty a little bit of the
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  Speaker 4: preview with a direction that we're going. Well, every day
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  Speaker 4: i've been out here, I just been like, all right,
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  Speaker 4: I got to add that. I gotta add another piece.
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  Speaker 4: There's so much going on. I spoke to Ian a
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  Speaker 4: little bit about it earlier. From TSM to it's so
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  Speaker 4: much that it's going to probably be one of our
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  Speaker 4: longer classes, and we got special guests coming into to
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  Speaker 4: go with some.
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  Speaker 3: Option streaming as well.
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  Speaker 4: So EYL University, all the earners, make sure you're packing,
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  Speaker 4: all the new earners, make sure you're packing.
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  Speaker 3: Is going to be one of those ones.
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  Speaker 4: Last time we showed you what happens if you miss
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  Speaker 4: a class, right, we show you some of the returns
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  Speaker 4: if we span that out to a six month maybe
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  Speaker 4: a twelve month range against really really discussing.
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  Speaker 3: So make sure y'all tap in. It's going to be special.
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  Speaker 5: I guarantee you that, and I would be remiss if
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  Speaker 5: we didn't celebrate Rashad for elevating to getting the gold jacket.
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  Speaker 5: Yeahs a life two thousand percent return on the wake up.
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  Speaker 4: Yeah, I'm like, why are people hitting me up? I
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  Speaker 4: read the post, I said, oh, thanks Saddy him you.
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  Speaker 1: Well, let's start with that because that's been obviously one
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  Speaker 1: of the topics of discussion, you know, every every couple
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  Speaker 1: of years. These type of things happened, happened with in
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  Speaker 1: video yep, it happened with saying this actually the same
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  Speaker 1: time as Mu Mu it's happened with uh Man.
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  Speaker 2: What else has happened in this recent history?
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  Speaker 3: I mean all I mean the entire memory sector. To
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  Speaker 3: look at it.
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  Speaker 4: It's a West, It's Western Digital, is Cgate as well.
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  Speaker 4: I mean we're watching these companies. We watched it with
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  Speaker 4: GV crossing over eleven hundred, We've watched it with Dell.
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  Speaker 3: I mean, there's so many parts of this AI story that.
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  Speaker 4: Are just running right now to all time highs and
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  Speaker 4: a m D obviously, you know after their report, and
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  Speaker 4: I'm sure we'll talk about that a little bit later.
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  Speaker 4: The question still remains, has the story change and the
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  Speaker 4: answer continuously is no, it hasn't. And so we've been
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  Speaker 4: talking about it on market moneys for two years now, right,
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  Speaker 4: So like when people are talking about Mike cron it
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  Speaker 4: was eighty six dollars, eighty seven dollars. We understand what
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  Speaker 4: the GPU was and I'm glad that people came to
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  Speaker 4: a realization of what that actually is and understand how
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  Speaker 4: that's going to work inside of the data center IRAQ,
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  Speaker 4: and then understanding what memory with the ponent and the
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  Speaker 4: part that it plays it's vital, and the fact that
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  Speaker 4: there's the shortest means that now we can control price.
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  Speaker 4: And when you can control pricing on something that is
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  Speaker 4: in demand, you're seeing legendary returns. And so it's interesting
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  Speaker 4: that they reported it's blowout quarter and we were like
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  Speaker 4: reporting and god, and I'm like, look, sometimes the numbers
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  Speaker 4: are not matching what the stock is doing. Sit tight,
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  Speaker 4: We're going to be in for a nice treat here.
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  Speaker 4: And here we are crossing over what is it? Did
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  Speaker 4: it get to eight hundred today? It nearly got to
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  Speaker 4: eight hundred. We said it was going to four, We
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  Speaker 4: said it was going to five.
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  Speaker 3: And here we are.
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  Speaker 4: So the story's not over yet, still has some more legs.
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  Speaker 3: We're still in twenty twenty six.
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  Speaker 4: It's been sold out up until twenty twenty seven, and
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  Speaker 4: I think the story still continues.
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  Speaker 5: You're here to high eighteen sixty seven today. Amazing return.
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  Speaker 5: And you know what I love about the story when
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  Speaker 5: it comes to video AMD Micron saying this, they are
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  Speaker 5: real companies that are focused on enterprise.
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  Speaker 3: That deliver real results.
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  Speaker 5: Like for a while, there are a lot of companies
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  Speaker 5: that were getting a lot of attention that we're not
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  Speaker 5: great businesses. So even for the point where everyone keeps
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  Speaker 5: making like us. This is comparable to nineteen ninety nine.
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  Speaker 5: These are some of the strongest profit margins I've ever
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  Speaker 5: seen in these types of businesses in tech. Ever, like
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  Speaker 5: this class of technology companies is probably fifteen times better
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  Speaker 5: than the ones in ninety nine. But hell of a
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  Speaker 5: run for Micron. I know everyone wants to know. Is
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  Speaker 5: they're more room to grow? There is? Do I think
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  Speaker 5: they'll split at some point? They're going to have to
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  Speaker 5: if they keep running at this space. But once again, Rashan,
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  Speaker 5: I want to give you credit not only for holding
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  Speaker 5: on for one but for multiple and being an advocate
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  Speaker 5: for a quality company.
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  Speaker 2: Appreciate it.
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  Speaker 5: Don't come in and being gracious, No, I.
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  Speaker 4: Know, I think it's I think it's important, right, Like
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  Speaker 4: I think I think people understand when they watch this,
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  Speaker 4: they watch us, they know I'm extremely bullish on a
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  Speaker 4: lot of these companies.
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  Speaker 3: Shoty kind of takes the more conservative approach.
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  Speaker 4: So like watching something that goes from ten percent to
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  Speaker 4: now two thousand percent, shout out to g he just
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  Speaker 4: hit two thousand percent as well, Like, what what is
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  Speaker 4: the mind frame of the conservative investor as he's watching appreciation?
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  Speaker 1: Well, you know, I'm always a paranoid person, just in
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  Speaker 1: life in general. You know, I think, you know, that's
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  Speaker 1: just I'm paranoid, so I always think about what the
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  Speaker 1: worst case scenario could happen. So I think you always
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  Speaker 1: you always gotta be mindful oring good times of just
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  Speaker 1: you know, thinking about what could potentially happen go wrong.
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  Speaker 1: And there's a lot of there's a lot of talk
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  Speaker 1: about that right now on Instagram, at least on my algorithm,
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  Speaker 1: there's too much of it, a lot of talking, like
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  Speaker 1: you said, and comparing it to nineteen ninety nine, compared
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  Speaker 1: it to two thousand and eight, comparing it to you know,
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  Speaker 1: a variety of different stock market crashes that have happened
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  Speaker 1: in the past. So I think that, yeah, the companies,
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  Speaker 1: is a difference between what happened and then. But you
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  Speaker 1: still got to think, you know, just be mindful. There's
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  Speaker 1: a geopolitical things that can happen. It's midterm elections is
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  Speaker 1: going to be interesting. Talking about the Republicans redistrict redistricting. Yeah,
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  Speaker 1: and now that looks like that, you know, they might
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  Speaker 1: actually be able to hold on to the House, which
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  Speaker 1: looked like they were going to technically guaranteed lose the House.
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  Speaker 1: Now that kind of changes the geopolitical landscape of things.
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  Speaker 1: I ran you know, you got in Yahoo goes on
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  Speaker 1: sixty minutes yesterday talking about the goal is for Israel
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  Speaker 1: to not rely on America at or all anymore and
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  Speaker 1: not have any more funding.
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  Speaker 3: The next city is said done.
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  Speaker 1: Well, ten years is a long time. But so it's
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  Speaker 1: a lot going on right now, huh.
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  Speaker 4: I said, after all those years to say like, yeah,
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  Speaker 4: listening to ten years, we don't want to have anything
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  Speaker 4: to do with this.
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  Speaker 2: Give me ten, Just give me another ten.
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  Speaker 3: I'll figure that.
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  Speaker 2: I'll figure it out a decade.
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  Speaker 1: It's definitely historic, you know, it's definitely historic as far
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  Speaker 1: as you know, just coming from a world of finance,
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  Speaker 1: that's not something that you know, is ever really thought
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  Speaker 1: about something two thousand percent, one thousand percent something like
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  Speaker 1: that that's really like even private equity returns really on
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  Speaker 1: a public market. So you know, I think it takes
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  Speaker 1: a while to actually even fully believe it.
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  Speaker 2: Yeah, because.
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  Speaker 1: That's not something like I said, me, I was in
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  Speaker 1: traditional finance for twelve years, so you know that's something
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  Speaker 1: that I still kind of have that that level of
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  Speaker 1: thinking as far as you know, more conservative safety, don't
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  Speaker 1: lose money, which's always going to be.
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  Speaker 2: The thing is not number one the rule, but you know,
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  Speaker 2: you start, you gotta kind.
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  Speaker 1: Of rewire your belief system a little bit to have
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  Speaker 1: you know, more take more risk and just have a
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  Speaker 1: little bit more you know, optimistic view on things that
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  Speaker 1: are not traditionally possible during you know, regular financial structures.
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  Speaker 4: Yeah, really quick, I think I was gonna say, I
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  Speaker 4: think that that's important. Like literally, that's a that's a
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  Speaker 4: phone call that we just had. Like what he was
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  Speaker 4: just saying, literally is a phone call that we had.
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  Speaker 4: And the premise of it was like think of the
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  Speaker 4: times that we're in where like, not only are you
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  Speaker 4: doing two thousand percent, but like you're you're watching communities
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  Speaker 4: of people that are saying, hey, I'm only at six
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  Speaker 4: hundred percent.
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  Speaker 5: Yeah, but like they're feeling like that feel at four
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  Speaker 5: hundred somebody's lifetime return at one point.
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  Speaker 3: Hey, one hundred percent is not good anymore.
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  Speaker 4: Whereas like you come from a world in two thousand
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  Speaker 4: and eight when you're starting this where seven to twelve
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  Speaker 4: percent is like, hey, if I can guarantee you that
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  Speaker 4: this is this is really a good year, and now
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  Speaker 4: you've done two thousand percent, this is not the first
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  Speaker 4: time you've gone over a thousand, it's not the first position,
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  Speaker 4: so it's just a new time, and so I appreciate
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  Speaker 4: I want to call it a pessimistic view. I'll call
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  Speaker 4: it more of a conservative view because it gives me
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  Speaker 4: a chance to explain my bullet case over and over
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  Speaker 4: and so far the story hasn't changed, and so I
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  Speaker 4: don't think the returns are going to change, because, like
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  Speaker 4: you said, Ian, these companies are actually making real money.
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  Speaker 3: They have real revenue, and they have real guidance and.
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  Speaker 4: Each quarter they're beating those numbers and that's going to
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  Speaker 4: continue for at least to the end of this year,
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  Speaker 4: and I think definitely into twenty twenty seven.
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  Speaker 3: Until we see something something drastically changed.
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  Speaker 1: I think the only thing that changes is Ian and
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  Speaker 1: just I would like to get your perspective on it.
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  Speaker 3: This.
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  Speaker 1: The companies are obviously legitimate companies and eight produce real products.
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  Speaker 1: They're not like just phantom you know, nonsense. Is the
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  Speaker 1: demand over hyped? That's the thing that people, I think
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  Speaker 1: are concerned about. There there is a demand and is
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  Speaker 1: but the AI demand there's been a forerunning of it,
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  Speaker 1: So like when it all settles down well, AI will
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  Speaker 1: definitely be here and will definitely be a part of it,
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  Speaker 1: But will the demand even if it comes down a
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  Speaker 1: little bit, that could be that could make drastic It.
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  Speaker 5: Could be devastating for those who are not disciplined. And
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  Speaker 5: I want to you can and one thing I want
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  Speaker 5: to say, you can be a conservative bull And also
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  Speaker 5: to the asset class that you use to express your
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  Speaker 5: belief in your bullish case matters. So like you did
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  Speaker 5: it in options, I choose to do it in futures right,
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  Speaker 5: so that matters the selection. But to your point, would
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  Speaker 5: that be a place where we get to a mean
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  Speaker 5: where the returns on is hot? Yes, but I think
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  Speaker 5: the elite companies are going to remain elite. It's no
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  Speaker 5: different than like when I look at open Ai and
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  Speaker 5: I said this before, open Ai is the Apple of
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  Speaker 5: AI and Anthropic is the Microsoft. It's the same battle
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  Speaker 5: from thirty years ago. Now you have gates versus jobs,
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  Speaker 5: the capitalists versus the creative, the psycho person versus the
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  Speaker 5: more structured person. In terms of pr it's the same
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  Speaker 5: going back to the story, the same story when you're
• 11:25
  Speaker 5: going around making your case to go public. Anthropic has
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  Speaker 5: done a better job and even like when Apple was
• 11:32
  Speaker 5: coming public right a couple of years later than you
• 11:35
  Speaker 5: hear about Steve Jobs' parenting style and how he's not
• 11:38
  Speaker 5: as president. That was to devalue the leadership of Apple,
• 11:43
  Speaker 5: which affected their stock, to make you lean more on
• 11:46
  Speaker 5: the safer Bill Gates, who was safer at the time.
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  Speaker 5: Now we can argue if it was an illusion or
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  Speaker 5: not right, But my thing has always been you have
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  Speaker 5: to be hyper concentrated. The only case to be in
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  Speaker 5: any market is a bull. Because even when people are
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  Speaker 5: making that nineteen ninety nine comparison, I'm like, what benefit
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  Speaker 5: do you get over the market crashing because.
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  Speaker 3: You missed out?
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  Speaker 5: Like let's say you short the market and you short
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  Speaker 5: with options in futures, and your best case scenario, you
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  Speaker 5: may get four or five hundred percent because you're not
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  Speaker 5: going to stay into the very bottom and you're not
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  Speaker 5: shorten at the very top. Hold for the long term
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  Speaker 5: for great quality companies. But do I think the demand
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  Speaker 5: will be there?
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  Speaker 2: Yes?
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  Speaker 5: Is there going to be some fallout amongst the companies
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  Speaker 5: who attach themselves to AI that are not of high quality? Absolutely,
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  Speaker 5: And I think that restructuring will come in late twenty
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  Speaker 5: twenty seven.
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  Speaker 4: Yeah, I think the keyword you said there was shotty
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  Speaker 4: was demand. I think that that's the word that I'm
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  Speaker 4: always looking for in every report. And the most important
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  Speaker 4: report happened in early April, and that was TSM. And
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  Speaker 4: once TSM tells us that the demand has tripled or
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  Speaker 4: it's double or squadrupled, then I know the AI story
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  Speaker 4: is still very much attagged. There are other companies that report,
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  Speaker 4: and that helps if I know the manufacturing right, the
• 13:01
  Speaker 4: order capacity, because it doesn't matter if it's in Video
• 13:05
  Speaker 4: or if it's Google, or if it's Meta, or if
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  Speaker 4: it's Xai. The manufacturing capacity still comes through TSM.