john

[john @johnwinston098]

@K2s80

[john @johnwinston098]

@FPL_LeeM @zaharimad You don’t think they scrim before champs?

[john @johnwinston098]

@gentlemates REPOST THIS FOR VISIBILITY. GET OPTIC BANNED FROM SCRIMS BEFORE CHAMPS

[john @johnwinston098]

@gentlemates Optic snaking, ban them from scrims

[john @johnwinston098]

@CoDdiscussion @BrianStats1 Huke snaking lmao. Ban optic from scrims

[john @johnwinston098]

@gentlemates Huke snaking

[john @johnwinston098]

@gentlemates Huke snaking

[john @johnwinston098]

@gentlemates Huke snaking

[john @johnwinston098]

@gentlemates Huke snaking

[john @johnwinston098]

@Veohhz @ZooMaa Dashy snaking against LAT in grand finals lol

[john @johnwinston098]

@SibDMDL @CDLFAN_ @CoDClipped @DashySZN snaking in Grand finals against LAT

Ya’ll see this?
@aBeZy
@ScrappyNJ
@HyDrAnml
@SHANEE

[john @johnwinston098]

@ScrappyNJ @SibDMDL @Veohhz What about this?

[Elon Musk @elonmusk]

@AJamesMcCarthy Read books, talk to people & iterate rapidly with hardware & software

[john @johnwinston098]

@DylanEnvoy @NNeptuunE You’re a 0.6 Galore 🤣🤣🤣

[Milk Road AI @MilkRoadAI]

One of the sharpest technology investors alive just said something that cuts through all the noise in the AI market right now and 8 of his 10 largest positions are AI stocks (Save this).

That is Gavin Baker, CIO of Atreides Management, which now oversees $7 billion across public and private markets.

And he just handed the market a framework that most investors are completely ignoring.

"If you look at the valuations for all these AI names, they just can't all be accurate."

Right now, the market is discounting wildly different futures for different parts of the AI stack and those futures are mathematically incompatible with each other.

Memory makers like Micron are trading at 3–5x PE, NVIDIA is trading at a relatively low PE given its absolute dominance in the GPU market, and then there is everything else, power, cooling, and some optical names pricing in a completely different and far more aggressive AI spending scenario.

"If the multiples on power, cooling, and optical names are correct, NVIDIA and memory are going up a lot."

"If the multiples on NVIDIA and memory are correct, everything else is probably going to underperform."

One cohort is right and the other is wrong, and they cannot both be pricing in reality at the same time.

"The AI market is cross-sectionally inefficient right now."

Baker's own bet is not subtle but rather has structured his entire portfolio around the answer he believes.

His latest 13F shows NVIDIA as his most aggressive position, including leveraged call options on top of an underlying 3.5 million NVIDIA shares a direct bet that the low multiple on the most important semiconductor company in the world is the mispricing, not the high multiples everywhere else.

He also owns Micron adding substantially to the position as AI memory demand accelerates, with Micron's Q1 FY2026 revenue hitting $13.64 billion, up 57% year over year, and he added Astera Labs (ALAB) in a nearly 2,500% stake increase.

His Atreides portfolio held approximately $2.5 billion in SpaceX stock as of April, the fund was up 19% on the year, and of his 10 largest positions, 8 are AI stocks.

The Milk Road thesis lines up exactly with Baker's framework, and we were positioned before this clip went viral.

We are in NVIDIA and AVGO at the core of the AI stack, and we have been adding to names across the infrastructure buildout including AAOI for InP laser dominance, Bloom Energy (BE) for the AI power demand supercycle, and MU for the AI memory explosion that no hyperscaler can avoid.

Come join Milk Road Pro and get the full picture on which side of this mispricing and what else are positioned in, link in bio/below!

[Brett Adcock @adcock_brett]

Watch a team of humanoid robots running a full 8-hr shift at human performance levels. This is fully autonomous running Helix-02 https://t.co/IdZR0T1F5I

[john @johnwinston098]

@Restructuring__ The S&P is heavily weighted to the M7. Do they deserve current multiples? Who knows, but their multiples are high but not insane.

[Elon Musk @elonmusk]

https://t.co/jn3ganMSpJ

[Financial Times @FT]

Peter Thiel, co-founder of Palantir and PayPal, is leading a $140mn investment in a US start-up that plans to use wave energy to fuel giant fleets of floating data centres. https://t.co/HAh1ijrEDw