RyanLewis

$ETH is ready for another leg upwards, and is just having a fairly normal correction. I don't see a reason to be bearish on Ethereum as it has just flipped into an uptrend for the first time in a year. Simply buy the dip.

Hot Take: most people don’t actually want FSD, all people really want is a great highway drive assist. We just did 1000 miles in our EV9 yesterday using Kia’s HDA 2 for 95% of the interstate driving. It’s so nice to be able to control the exact speed I want to go, follow in a distance I want to follow, and be in the lane I want to be in without an arbitrary profile telling me what it wants to do.

$MU This looks attractive... for competition... $CXMT and $YMTC are going to have field day commoditizing the shit out of the memory market. Extortion pricing only invites market corrections. Memory is now hitting extortion level pricing... This is the exact same thing I warned about $NVDA last year when everyone said $NVDA CUDA moat was too strong for anyone to bring in alternatives. $NVDA went into margin extraction mode and forced Google, Microsoft, Amazon etc to push more non-Nvidia ecosystem chips. The market doesn't care about what your doing today, it definitely cares about what your customers will do tomorrow. Unlike $NVDA which did have more of moat, $MU doesnt. Its sensitivity to commoditization headlines will be alot more pronounced. Anyone expecting $MU to have the same velocity of run ups going forward should recalibrate. This doesnt mean $MU will be a bad investment in the short term. It just means all the pie in the sky "BUY ratings" will be shit and actually serve as exit liquidity to unsuspecting new entrants. Remember these are the same analysts that said $NVDA would be worth $300 right now. Id focus on how many companies CXMT and YMTC are able to siphon off in the coming years. Companies like Dell, HP and Corsair are already switching. Any before anyone chimes in about "HBM bro" Yeah the Chinese are quickly catching up, so thats not going help you either.

🚨 HEDGE FUNDER IGNACIO CANTO ON THE CASE FOR $HIMS We get into the power of retail cults, Hims as Costco + Netflix, why disrupting a broken system often takes a controversial company, and why he thinks the stock is dramatically undervalued. Thank you to Ignacio for joining the pod! 01:38 - Why he never considered selling 03:41 - Buying the collapse into the teens 06:29 - Why Hims first caught his eye 10:37 - Healthcare is broken and overpriced 12:50 - Why Ignacio has added to his position 21:41 - Why price targets aren't right for Hims 27:42 - Retail cults 38:40 - Hims as Costco + Netflix 41:33 - Why Hims should own the wearable 44:25 - Regulation as a bear case 46:09 - Competition: Ro, Amazon, and others 55:30 - Why Hims could command a 10x P/S ratio Not financial, legal, or medical advice

Lee Kuan Yew: “Air conditioning was a most important invention for us, perhaps one of the signal inventions of history. It changed the nature of civilization by making development possible in the tropics. Without air conditioning you can work only in the cool early-morning hours or at dusk. The first thing I did upon becoming prime minister was to install air conditioners in buildings where the civil service worked. This was key to public efficiency."

SpaceX is driving a historic surge in tokenized asset trading. Over the last 30 days alone, $4.3 billion worth of tokenized stocks were traded onchain. This marks the highest monthly volume since inception, with growth of over 140% YTD. On June 15th alone, after the SpaceX IPO, $SPCX, 24-hour spot volume for tokenized stocks trading on Solana surpassed $100 million for the first time. Solana dwarfed all other chains for tokenized SpaceX, with a peak of 99% volume share across all chains, also making Jupiter the leading venue by volume for trading tokenized SpaceX. This pushes cumulative transfer volume of onchain tokenized stocks above $20 billion for the first time in history. Tokenization is accelerating.