Avsnitt 583 - Sivers syndrome

0:00Just what is it that you want to do? We want to be free. We want to be free to do what we want to do. And we want to get loaded. And we want to have a good time. And that's what we're going to do. But wait baby, let's go! We're going to have a good time. We're going to have a party. I'll see you next time.

0:45I'm still like After a day with Sievers So he's like It's a sjuka time there And it's both a dream And a dream That's being a active handler It's just to be able to decide Either you're with or you're with them Yeah It's so it works for the time It's new times We're going to talk about Sievers We're going to talk about Rymdtoughet It's been a crash It was a rocket crash on Friday That was it Blow Origin Maybe the same I'm going to talk about Octave, lite software HOS, Nvidia Commer med något form av PC chip här Känns som att de här större amerikanska bolagen Går 30 % om dagen Varför håller man på här hemma, yra runt Ingen aning Vi har Elux, har startat sin emission Några som gjorde en oväntad emission Var Google Och sen har vi väldigt stora IPOs på gång Och sen har väl du något smart att säga också Ja det är allmän HOS Vi ska prata lite biotech kanske också Vi kommer nog komma in på en hel del olika saker.

1:46Snyggt, vi kör igång!

1:52Vi har med oss Robomarkets och det är ju väldigt bra att ha flera mäklare tillgängliga nu. Det finns alltid nya lägen. Det är stora rörelser i USA. Vill man korta något? Vill man långa någonting? Vill man långa så kör man ju det som vanligt på ISK med dollarkonto. Vill man korta If you have a paper that you think it goes up for much or it happens something, then it's very easy to do it via Robomarkets. And you can also handle via Tradingview there if you want to use grafer and like that. And that makes it much easier to handle via grafer. And if you want to set up a contract, then you can also call Max and Simon.

2:33On Stockholmskontoret. Exactly. Stor thank Robomarkets. But come back, investeringen bär risk and it's not that you will get back your investerated capital.

2:48We start with Sivers. They had a Q1 report here on Friday. In a second. Antingen can you talk about the fundamental things in this company. Then it doesn't look so good at the end. If you look at the report, it's the end you can talk about. Yes, they were on a lower end. It was in October or November. Yeah, it was not just in Q1 No, but I looked at the calendar 1 So it was in Q1 They had a little call there Then they took an interview with Carnegie But they were still in media And they were just going to decide That this has been a form of MIM-actie And very big talk for the future The aktie opened low It was what they thought That they would do And then went up How did we do it?

3:34No, then you did it I stället Jag väntade lite med min kort Den är ju svårhandlad Det här jag pratat om tidigare Om det ens går att låna den Eller om man ska gå lång Så den trendade upp hela dagen Och sen kraschade den på eftermiddagen Och igår kom det en blanka rapport Från Ningi Det som låter som en sushi De fick ner Kinnevik rejält Här fick de knappt någon impact Nej, de fick 70 % Rakt upp Det var dagen efter So it's like that It's like they're going to go And if we had to go Then they had to go And now you're going to go To see it I don't think that their report Was back to the staining I don't know But I mean more When we had to go To go to the next day The trend was going to go The day low Then you think Now you're going to go Sivers to 30 kronor Sagan is over Then they're going to go To get a little Press-medicine Here I go I don't know They're even out In a tweet With some emoji That it's That it's a good thing I'm going to go When it's in the US It's not really It's a very important course.

4:37It's like they have outsourced their account to True Social to Trump. Yes, something like that. And then they had some form of work with Global Foundries, which is a bigger company in the photonics sector. That they are available in their network. It was just no order, no money or so. And this project could you, in a way, take a month. But today it was up 70%. It was a problem if they didn't have a Photonics network No, it can be When it's this But it's a lot of There are many Americans Many people, many people, many people Many people, many people, many people Many people, many people, many people Serenity's a little bit of a little bit of a picture It was a first article in English, where they said that Aktien was going to go down They took to new methods, then they understood They were even more angry so it feels like they have a relationship to silver that I have to Djurgården and it's this thing that's what I think and it's when people say we're going to win over blanking the acties are up what was it up the other day it's still up 15 times or even more now it's up like 3000 exactly but from that HSN started I understood that you wanted to try out blanking on 15-20 but now it's like you've won, you've been over them you've been over them so they're still there mentally in the fight it's like, it's over, go home it's a bit like the last Japan on the road that they forgot that they were still there 40 years and the other side so So Eh Det jag vill komma till är att det blir Väldigt tribal-aktigt Eh Flockmentalitet, det är vi mot dem Och sånt, och i slutändan Så är det aldrig Alla de där som du har en grupptillhörighet med I en aktie De finns inte kvar där sen, när det går dåligt Fråga fingerprintsekten Eller fråga, så det här är rätt Jag tror att om man är lång här och har tjänat mycket pengar So you should remember it It's me, myself and fucking eye So it's just Yeah, but Man can say that the actuals have left for a long time It's the fundamental stage It's the same thing that fingerprint was on top Yeah, exactly I don't know if they can't get it Then you can sit and do a lot of things Actions can go to 200 It's just so much Now it's just a galen Now it's just a whole world to sell it It's just a lot of money It's just a lot of money But they are in there.

7:24Yeah, they are in there. I understand that. But blankare will be going to go to the house. What do you want to do? Warren Buffett will be going to wake up from his nap and try to buy. All are there. No, but under it-saccessing, when you're going to be a fan of the rick, then you're going to go to the top. But it's completely impossible. Because then you never can sell. Yeah. But the one has been through three months now. How long until... I think they wrote about it in South Korea. Aktien har ju åkt jorden runt 2-3 gånger, vem ska mer in? Varför äger man inte ett sånt bolag själv som åker jorden runt?

8:01Man hoppas att ens egna bolag hamnar där Det är farligt att bli för negativ eller tro att bolaget är en scam Det var väldigt dyrt för mig under fingerprinteran för då sitter man och inte handlar de här uppgångsdagarna Att sitta och leka polis i att tro att jag kan bestämma hur Sievers ska röra sig. Nej, det är andra krafter in här. Jag pratar ju i egen bok här nu, för det är idag första gången som jag faktiskt har shortat Sievers. På hela den här rörelsen. Jag har varit anti att gå emot det här hela, alltså ända sedan i början. Jag var ju lite lång till och med i början. Men du kände att det är tre siffrigt, det måste upp här liksom.

8:43Ja, men nu börjar det faktiskt bli intressant. Jag tror att det blir så mycket pengar på spel. The price will be able to be able to pay for these levels. So there is potential... If you take Bitcoin as an example, the first one, or the first one, the first one we had in October from 120 000 to 100, was one of the biggest liquidation in Bitcoin. Or it was the biggest one. It was very much money that happened on those levels. And then suddenly you get pretty big money som hamnar snett. Det du får problem med sådana här stora uppgångar är att väldigt många kommer att ha ett snitt mellan 80-100 om den handlar här en vecka eller några dagar.

9:26Precis. Nu har ju grannen blivit rik här. Ja, exakt. Och då blir det så här, kommer du ner till 75 så har du helt plötsligt folk som ligger snett i aktien. Och då får du helt plötsligt ett säljflöde och sånt som inte har funnits på vägen upp. Alltså liksom från typ 20 hela vägen upp har inte funnits någon som ligger snett. Nej. Och då kan det bli ett annat djur. We mentioned it for the week That it was very well planned That you can send the report The same day that they were going to go in I SBX and MCI So they had indexed as a Kudde if they were going to go down on the report And it was that I saw That indexed the report The report held the report

10:08The report was not On the report I would say that the report was not That was bad All right and they have not so many numbers to show yet. And it's long time. They came with the pipeline - that was the most serious. Yeah, and I think when you talk about pipelines and so on, it's hard to say. When you talk about a pipeline and it's very diffused, you don't say any kund, you don't say any of the calls, you don't say any of the calls. Or you don't say any of the calls. But you don't say any of the calls. So if the pipeline is completely less, it's not that they must be a PM and say Oh no, now is the pipeline a little less.

10:51It never will happen. The pipeline will always be like the same way. And to the end of the day is no longer. All right, you understand what I mean? Now it's just a blank. Now you have a whole different tone here to a company. When you talk about a future pipeline that is five years out, it's nothing that companies need to write if anything changes. It looks like it's like 2029 It's like that the order It doesn't come in It's nothing to be able to do So I don't think I should be able to And then the same thing I think today It's a little like I'm going to put on a market With my stand And then I'm going to be a part of the market It's a little so it's That they're more in the photonics It's a very weird thing On this level I think it's just super far To handle this on Fundamenta I'm talking about peak sentiment It's what I mean I think today's video was a short squeeze-related Man is fascinated I think it looks like it can sit so many And handle it We open up Three on night It's not so many guys That's how they handle it Three, four, five, six on night Can you think?

12:02Say not that We hopped on the road We have a rymt to get There was it on Friday, the rykten of SpaceX The value of SpaceX Blue Origin, Jeff Bezos Rymdbolag, where it crashed a rocket And then it came Little other Rymdnyheter that have Scented sentiment a little It was just a step Fram till then Is this a data game that you should Sell before you should sell For all of them should sell As SpaceX or is it a good What do you think? I think that Alltså i rymdhåsan Ja Ja Ja Det kan det väl vara Både på vilka bolag man har Ja Men Jag har ju liksom snurrat in mig i europeiska Rymdbolag Ja exakt Men etensat har ju kommit ner 20 % Ja exakt Och där är det ju Ja den kommer ju ner och handlas ju med rymdsektorn överlag Jag tycker att den är Faktiskt inte är särskilt dyr Som bolag betraktat överlag I den infrastrukturen de är i och det är försvarsrelaterat och det är Europa och vi vill satsa på vårt eget och EU stärkte de här bandregleringarna nu för europeiska operatörer vad heter det på svenska nu?

13:20Spektrum och sånt Ja, exakt så att europeiska operatörer har då mer tillgång till att sända Europa och sånt på satellitnivå så allting går åt rätt håll that we want to have our own and not be like dependent on the big American market so that I think I still have it. Then it's more about sentiment it's a sense that it's in a lot of ETF and so and then it's like this. But then the stock market 100 % on two months that the stock market is from the top 30 %? 20 % 20 % it's not so weird if something is up 100 % on two months I think it's often that it's about it It's always the rekyler that goes Oh shit, how big a rekyl But it's gone really well before That an aktie becomes volatile For example on upside It also means that rekyler can be bigger When they're going to set up And so long is it three days It's a classic Hack i curve It's still kind of near IPO And if they're going to put in IPO Then it's goodnight for the whole sector Elon Musk Demeterade att de skulle ha sänkt värderingen Så hittills är det mest bara lite olika brus Och vinstnämtagningar Och lite bumpy rides På vägen här Ja, och det är väl inte så konstigt Men jag tycker fortfarande Temat är inte För länge sedan har vi kvar en position Men det man underskattat Här är ju mer, dels hur tröga alla är Att Rorison kom precis innan SpaceX IPO Vi körde det här i Julas Och sen att sådana här trender 은� like to find medium for Bite to eat Morefin Yes, and it was for you first It depends on what this俺 is I was at it in aosaurus via eutelsat and the ale concurrer with SpaceX's special Escave Starlink and it's like cycles of generating capital SpaceX so I do not really so I think that's where I Put We've tried to minimize the sector-exponering.

15:57the most sold. I think I'm interested in it. I like spin-offs and so. Often you see that the market that people just got Embrace and SBB and so, people just got out of the market that's all that's all that's all. And it's interesting. Because then you can get up a little bit of so these flows. So I think it's very interesting. You get some data. You get some comments. There's a lot of information here on Avanzas blogging that I think is worth reading. I want to lift up Oh, Oh, a diagram of Avanzas's latest product is the second one. It's their broad enterprise fund, which name Avanza Sweden. They invest in a company andARD trade �ilt Taipei.

16:34The leading of thecur of stock that changes the low low dividend of 0 ,17 percent. So you get a broad expansion of around 200 % and it's to 0 ,17 % in the market. Yeah, then you talk about the rate on the rate on the rate. You sit in a cheap, a lot of money, not bad. Exactly. But a billy, very good. So, spana in them. Stort thank Avanza. But come back, investering in your risk is not going to be back your investment. Thank you.

17:46So dumb. So it doesn't matter that every time a company does something like this, so you need to cross a lot of index funds. First cross the market, and then you need to buy a lot of other index funds and buy a lot of index funds for you to buy in the market. So I bought Octave for the week. It was a very nice start on the trade. And here it's a little Millicom-like. They are going to be in the USA and have their first first in the USA. has been in two years. And now, in the US, it turned up 20%. It's going to come to that the sentiment around software with AI has been totally from being totally outslaged.

18:32And that's why Octave is a such a company. And I handle more than this flödesrivet. In the US, it was about 15-20 between the svensk The American market where ETFs are in the queue and will be able to sell out the price. And the American market where it is with its American peers and how software companies go there. And then some more more than that. The market market today is about 20 dollars. People have come with a lot of kurs between 30 dollars, 225 kronor and like that. Goldman was the one that had the least, which had 17 dollars. but we'll see what this will be it looks like a very good start if you buy it for the week the actie is still very low 173 % so it's still 10-15 % and this will go up if it's the US or the US but it's the US that comes up but it's like the US that's very what do you call it fictive press of the ETF-flöden and the OMX30-flödet It's just gone.

19:42We've been doing this for two years. It became fantastic when all ETFs that had been owned by Lundin Petroleum didn't have to buy it anymore. It became a little bit of a sentiment. Now you've got to time it. Software is completely different. We have sales for a year. We have ServiceNow. Vitek got up 8 % igår. Kinnevik got up 7 % today. They're a lot of software companies. And it has come a little bit that companies continue to come on. You have not seen anything. I have not taken over these software companies yet. I'm not on three months. No, which is expected. And then also Nvidia comes with a chip for PC-dator.

20:26That you might not have to do everything themselves. That it might not be able to do software companies. If you want to make it super much. Or do you think that the new ones are on the end? I think that the Nvidia PC-chip was that you could drive AI and agent on a different way. Yeah. Via PC. Yeah. Do you think software companies could do that? Or should they be out and concurred? Yeah. On a certain extent. Sentiment has been very much in all of a sudden. I think that we can talk about software as software. It's just like it's about what software companies are. ServiceNow and Snowflake for the week Snowflake was up 30-40 % and then ServiceNow and a lot of other but I think it's the same thing which can gynnas of that it is AI-agenter that works it's not all mjukvarubolag that will be no it's not so it's a little bit there that the market can't get out with the bed with the water in March in February of March and now maybe you can't get a little bit in which they can think actually see something positive of it yeah have you got a good so like a company so can they get I'm a little sure I've looked at ServiceNow the company comes I don't know much but I never got in and then it started to go all the time so it's a little Yeah, and if you look at Carnov which I have to buy, they still have to buy so it feels a little selective here and we in Sweden have not been at all at least like a good time EQT is a good time they were also software-drabbade so they should sell out a lot of companies now before the fact comes in exactly and then it's a little niche for niche-made mjukvarubolag kanske rent av kommer att se konkurrens från andra och sånt, så man vill ju hitta vinnarna i de här mjukvarubolagen.

22:38Ja, det vill man väl alltid. Ja, men som ServiceNow hjälper ju liksom bolag hur de ska sätta upp agenter och jobba och sånt och de kommer väl med någon sån här agentic administration portal som man kan sitta och titta, man kan enkelt se över alla sina agenter och Styr dem därifrån Så de har ju verkligen anammat att de ska vara en del Av hur du styr allt det här när du jobbar Har en massa agenter som jobbar och sånt Så det är lite en annan form än att du har Mjukvarulösning som du använder i din Day to day business Som kanske kan bli utkonkurrerad Eller i alla fall att prissättningen Alltså att du blir squeezead Ja, äger du något softwarebolag eller?

23:19Har du tittat? Inte för tillfället Nej Jag kollade på Medtech, där var det ju lite liknande There has Bone Support handled super well since the capital market today. Camurus came into a deal of war, he still handled super well blanking in the way. Research has held a little stronger. There were the smart ones who said that Can be a more? Yeah, but there was the strömmen out in a interview with EFN in the weekend and said that as all the companies say, that they are in AI-to-winner and that they can do all odds through AI much better, more and more. It's like, you can see it here, it's a or vitt.

23:57Alla bolag skulle kunna gynnas jättemycket av AI. Det gäller bara att man exekverar rätt här känns det som. Exakt. Och vissa skulle kunna bli totalt uppätna. Så man måste nog verkligen djupdyka i var och ett. Jag tror inte man kan måla med hela spaden över hela sektorn. Nej. Jag tittar på Hemnet. Jag tror ingen kortning har förlorat så mycket pengar på som Hemnet. På 400. Nu står den i 95. Nu lanserade såg jag Esnys vd ett eget Hemnet, together with him who has built Hemnetknarkarna Hemly, it's called it But Bully, who is and scrapes That you don't pay for it You don't scan all the mackers It's like a super-encle Loveable-clawed project To create a own Bully A gratis-tjänst Here are all the places All the objects Now it's already But I mean There is just how far it is With timing and like Skistar, now I just blanda a little bit of a gift here, but Skistar should be a price of 80 % again it feels a little like it in the home net that like, you know, you're a super market leder, but it can't be how much it can be done and it's maybe a little with your sivers blanking then, all things are talking about timing here if I'm going to cut it out on 94 now it's 100 now it's 104 now it's 96, jenkarna and try to do it.

25:24Hello, hello. I see Octave up 11 % in the USA. That's just a whole sinnessy. So it's a great deal when we play in it. If we continue to do it then we have Alphabet. Just when they were going to go and go and go and go and go and go and go and go and go and go and go and go. So came Alphabet with a new emission. It was not really it was the first time that they saw it. Yeah. 80 billion dollars they were going to take in and one of the hefty things was just that Berkshire Hathaway Warren Buffetts to go and go to 10 of them here. Yeah. It's not like a Warren Gray They've been long Alphabet So it's They're not up It's not up It's not up Now Berkshire Styrs of their Afterträden What's he called?

26:12It's not It's not It's not just how much You should sats In all the fall Bolaget has Very fine Kassaflöden But they've Taked in Very much Skuld And now you do even New capital First they have been Like a cash flow Then they have been And now they have been With the stock That's fantastic So it's all credit That they have passed on Yeah And if you want to To keep up To pay off On this So it's good to do it With the stock When the stock It's not dumb I don't think it It's better than To build up Skuld Then it's not Jättepengar All right All right All right All right All right All right All right All right Trillion With all the numbers that have been slinged around the last year.

26:53With all Stargate. I'm going to cash on bank. It's a lot of money. But think about it. 700 billion dollars. After Stargate or what they were doing. Trump and Ellison. It's not something like that. It's AI-samtal. It's about how much it is. It's about trillion dollars. So 80 billion dollars is not so much. But when all of them do it, it's a lot of money. I mean, Antropic took in 65. 5, was it? For the week. Now file it on 5PO also. And SpaceX goes to the market. And OpenAI is well hockey hell, I would say. Yeah, there will Antropic fire it, it's like. Yeah, exactly. And the question is there is who wins on that.

27:36I think that Antropic wins on that first to the market, because it's a little bit of storming. Man will in first. It's a bit of a doubt, but you know that Google takes in so much money. That it should be quite a bit For Antropic and Not the only one of the raka But it is not the same That it is quite a bit That one of the biggest The most part of the company can take in How much money as well Because they have a good The price of an enormous And the other companies Bräner a lot of money Precis Antropic has not seen any But they have a super Big ARR And it was it I thought With OpenAI Is it not bad for them That Antropic Går to the price Or is it good for that En Tropic will be like It depends on how IPO goes Exactly, they will be able to show their numbers and OpenAI can then see if the water is warm or not so it must not be bad first I thought what a plant OpenAI should come after but OpenAI has even worse economy and financing than En Tropic So I think that they actually Borde de kanske försöka Komma före But so it's not going to be now And it feels a little like that Börsen spiller with here Antropic has got Fought nästan högre market cap Of the hyper liquid And it feels like it So it feels like it's smart That they go to the first Man should pass on When it's like it Yeah exactly But it's been a lot of IPO And now And now And now And now And now And now And now And now And now And now And now And now And now And now Where do they go?

29:17I don't know. From the old Mag7. Rymdbolagen? Helst not. It's like that all hopped from tema to tema. Yeah, exactly. But it's going to be very exciting to see when Entropic... It's like a bit of a Swedish. You don't get the expo. You'll get the price that you're up or down. And what you want to remember here, it would be so that I was going to handle Spotify on Bali in the middle of the night and I was going to get a lot of money. was that people would have enormous high-tech in OpenAI and SpaceX. Now they have changed the rules, it's going to be enormous index-flöden in SpaceX, but it would still be many, depending on what they set for lock-up here, that they are on fine high-tech.

30:04Yes, and then it will be different changes with different lock-ups. I think it will be reported It's not very much that much is locked but it's not really so but it's not really much more and it's not really and then it's a lot of you know you know my own and you know my own bank and then I'll go up it and then I'll go up it so it's many ways to come around it so you don't have to take the lockup on for a while it's always a way to go around them yeah but exactly I have a little bit of Electrolux today. They do their emission. It's an anirgable company. Wallenberger, the whole of the top. The one is very blanked.

30:50So I thought it would be some kind of a purchase. Today was the first day with the techies. That we haven't really seen. Nordnet Avanza so did a lot of techies. They were just trying to sell the last few days. I just want to flick it in. I'm actually in the money on my Sivers blank. Yes, the one has been reeling here. Medan we play in. Electrolux-actien is down 4%. The price is very pressing, because they were at a very low price, around 17-18 kronor. And the Aktien had 50 before this and had gone very poorly. But it would have been a good try here also, so it would be interesting to buy some more.

31:27I have already bought it. I have already bought it. This is a big company. In the mindre companies, the tech-rights are often left the last day. Here is a little bigger company But it will be very many rights So we'll see what it will be I'm looking at even more on Intrum Will it be so many rights? It's a lot of Agda Because it's so old So it's not a lot of I don't think it's so many Stora institutions that won't take their part It's absolutely not And then you have a large-scale They will be with I've got a lot of rights just for that the bank is so blanked. It's the whole case. Yes, exactly.

32:08And then they should take their rights or the acties. I don't know what their endgame is. Antingen take their rights or if they have been blanked so they have been given an acties. Yes, they must first take back them. Precis, you should deliver rights to them. Yes, exactly. And then means that blankare must be in and buy rights. Yes, exactly. And it's still a lot of rights. I got to tell that it was 80 million rights they must buy on 8 days. 80 miljoner rätter på 8 days Och det har man ju konstigt nog inte sett idag Jag gjorde en stor förlust här istället Det är farligt att vara smart Det var det jag tänkte att det är ändå rätt mycket rätter som ska fås in Sen kanske de kan få in rätter på andra sätt De kanske ringer just som du säger Inte just Antagda Men större andra intuitioner som kanske inte ska teckna Eller inte teckna för allt som de kan köpa av Men då blir inte så många rätter över för oss andra Så det blir en intressant mission I think it's a big company, they're in index Especially in Wallenbergs It's a Wallenberg company So they're not going to go to the technical What was it, 1675?

33:15So I thought that it was a little interesting Absolutely And I'll look at Intrum There it feels like that The business is even more interesting Elux has a lot of problems Structurella problems in the company so they might not disappear just for you to take in a little money No, but it was not so little No, no, no, they took in a lot So, that we have with it What say you about your other case and biotech and so there? No, they have gone well It's just biotech-haws For the week it was fantastic I have been doing a little bit index and so I tried to cut index today I just got up 2 % I just understand how you feel here Exactly We lost it We got a little bit short I'm a little bit short I'm a little bit short But I'm a hedge I want to have something on When I see a mania over all Then I'm a long Massa of things Biotech for the week I hope it's going to be I hope it's going to be This week And it's a hotel So I'll see you In the back again I don't think I've never had I've never had Depone is up 20 % on a month or 30 % on a month so it's just the time you're with here and it's on different things I think I'm up to 25 % after I've been back and then I'm still short index but it's probably worth a lot so it's very good time, you can't find that it's not for evilly, it's about what's called?

34:54Agile Agil här och dansa den här utgången För det känns som att man Klassiskt har större och större bets Jag märkte idag, nu när Octave gick bra Då kör man lite grejer och helt plötsligt har man Stortorskar i en massa tradinggrejer Bara för att man har stor vinst i något annat Så att det är liksom Man får inte slarva med disciplinerna Och allokeringen Alltså hur mycket man tar och sånt Så man inte förstör sin portfölj Och helt plötsligt så stannar ju bara musiken Då ska alla ur det här som man sitter Har gått väldigt bra Än så länge så tjatchatåget rör på sig, men det kan faktiskt stanna. Hittills är det bara att dansa med i takterna.

35:32Och det känns som att marknaden har tröttnat på Iran. Igår satte jag inte vid skärmen och gick ner 1-2 % på att de hade slutat kommunicera. Just det, vi kan prata om det också. Iran gick ut och sa att de inte vill förhandla mer. På grund av att det fortsatt stridigheter mellan Libanon och Israel. They wanted to inflate it in this agreement So they should sign And the oil went up on it The oil went down And then it was still on higher levels But the index was back So nothing will destroy this IPO It's the IPO that comes from It's like they hold I don't know how long it goes here. I don't know when it's done, how it's going to act.

36:27We have no Micron, Sandisk and these who have been with on the upside. So I have a little bit of a look at how our index is going to be. It's not that it's atlas. It's not that it's atlas. If semi-hosen would die in the USA, I have a little bit of a look at it. Then I can probably go a little bit better again. We have well underperformat Nasdaq Brutalt here the last month Yeah, it can be a Rotation in the industry That we are actually good at But we are probably not bad at But you get a little bit Trot on European sentiment Now I don't have to Hake on Serenity How he writes But it's a little We have cool Bolag in Europe, but so far If something goes up, it feels like the European for the government is saying, now we're going to sell it.

37:19This will not be able to sell it. This will not be able to sell it. It is good for a in-laws. When it's done, it's good. So you can buy more and all that. But it is, I think, I think it's very much why Europe is on aftersharing in the most part. But look at Elon Musk and how he played Tesla when we were here and shorted for 5-6 years ago. It was a super-weighted over-the-art. What did he do? He tried to get a massive amount of money to put in money and put on the R &D and a new spår. We are very bad at taking Hail Mary bets. Here you get you a bit. If you miss a single time, you're a gold-gatavandling in the rest of your life.

37:59In the USA is it a merit to have a gold-gatavandling. Yes, it's a little so. I think that it's actually a little bit of a risk. It's a little bit of risk. It's not worth all that. It's just to look at the banks. Inga... What's it called? Delinquencies. Creditfluster, nästan. Is it not that you have left the money on the board? It's a little too risk-right. The whole bank will still be able to take out. They have to take out of the money and take out of the money. It's just a example. but there is no one to ask if you don't have any credit for the bank or very low, would you not ask what we left on the board?