LBJ23

One name that I haven’t talked much about publicly is Forgent Power Solutions $FPS - one of our Grid Infrastructure positions. Recently initiated a 5% position shared with X subscribers and Discord community around April 27th, and the stock is up around +22% since then. Everyone talks about GPUs and AI compute, but very few talk about the electrical infrastructure needed to actually power datacenters. $FPS builds critical parts of the data center powertrain: - switchgear - transformers - E-Houses - low-voltage distribution systems Basically, power has to move from the utility grid all the way to the server rack - and $FPS sits right in the middle of that chain. A few things that stood out to me: - One of the few U.S. companies building the full data center powertrain - 80%+ of business tied to AI datacenters + grid infrastructure - Backlog doubled YoY with strong bookings growth - AI bottleneck is slowly shifting from chips to power Very underrated AI infrastructure play.

THE FOMC SCRIPT >Little dip on Tuesday into the close and Wednesday until FOMC, as the market is always de-risking and the index is at ATH, this makes sense >Warsh won’t betray Trump at his first meeting, he will bend over like a good body >We fly beyond infinity until earnings -RM

When people ask me what stock is the next $MU? I simply answer that $MU is the next $MU. Are you ready? 🍿😎