Avsnitt 593 - Bästa caset för lycka

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. We're going to have a good time. We're going to have a party. We'll be right back.

0:45I'm just like, I'm working on the whole time. Yeah, it's a bit so, exactly. But it was good. Stockholm was tough for a week since. Now it's like that everyone is back again. The only thing is that they still build here on the street. Yeah, it's a big deal. BNP must be up. Yeah, it's a good deal. It's a half an hour in this country. I had it fantastic on Mallis. I'll take it with some spaning from there. We had AI crash. It has happened quite a lot in these two weeks so that we will talk about then we had SpaceX a little lockup there then we had the case you have dragged along the pod Abselra, that's it?

1:24No, they came with a great data from the last study I saw that the course was on 120 % on a year, so it's a loan for the who's trying to listen to the I didn't know that in the year's case but it was in the year Yeah, then we have a little update on Octave How it has gone there And then a little What you want to do If you have a little cash What you want to do And then so You mean you have to have a lot of cash Yeah, but I have a lot of positions So I sit and think about You always dream of having a big cash And then it's going to be a super place But often you can't break the money before it's super.

2:12Exactly, you can't get to the end of the money. You can't get to the money. Exactly. And then we have a little Cuba, Iran, Fed, other affairs you've done. You've got some new cases. So I think we'll take it off.

2:29We're sponsored by Robomarkets. I USA has been very much. We've been off here a little bit. There were extremely big opportunities, especially in the AI-compancy. We had Nebius, CoreWeave, Sandisk, with more. First, you could have been active on... ...kortsidan. Then you could have taken longsidan. Precis. Both of these can be used to be a lot via Robomarket. So, especially go long with ISK, dollar-konto. And then the big problem is that you can even go short. Now it's been a bit of a rush. So now it's going to open up some short-matches. Exactly. Exactly. So I think I really think that you should be able to spain in.

3:06And if you want to spend a little bit in the middle of the year, then it feels like trading view right. Exactly. So you can connect to road markets. And then you can get a very good overview over the market. And especially because it's in the USA, it comes new all the time. It's a data center, it's a bit of a bit. And you can handle it short and long. And as you mentioned before, you can have an ISK-dollar account. So it's not a way to get it. And if you find a gold-climps in euro, they have a ISK with euro-konto. Precis. So, spana in it. Stort tack, RowMarkets. But remember, investeringen bär risk, and it's not sure that you'll get back your capital.

3:48Let's go.

4:14investeringar and since then has not AI-actier had a rote tick, it seems like no, exactly, he was he was he was he was exactly AI-sektorns in juli was in the amount of money his fond which had a lot of half-stong I mean, it was it was not the whole market when it's down on a fund. But it's many as he. Heel Korea had overbelownated. There are many other funds. Margin in South Korea was on all-time high. Privatpersoner also levered their position and had a belown so all stood on the one side of the boat and then all were tvunged to the other and were outstopped in the AI-trend. And he was like, Leo Pold Aschumbränner He wrote For some years ago A.I.

5:20Memo Bloginlegg Also a little CR Acted About the future And how the A.I. trend will play out And that it will take over the world A.G.I. Yeah And And then he became the poster boy for the whole investment. And there has been he's been extremely free for that he's called many of these companies. Yeah, he's called the company. The company has gone fantastic. Really good. And with the belated, it doesn't just work with the right. The question is when and how the way did it look. For if you have a belated so you don't have a lot of money. Nej, han hade väl gått från 1 miljard dollar till 40 miljarder dollar här på Nowhere.

6:08Och det är väl inklusive inflöden också? Ja, självklart. Och framförallt så har han gjort en tidig investering i Antropic, så det är väl typ det han har kvar. Han har väl en del andra onoterade grejer. Men det är ju väldigt intressant att hans publika innehav på börsen, de var ju tvungen att ge över. Och de som lyfte av de positionerna från honom var ju Citadel, Ken Griffins, alltså världens... Bästa traders. Bästa traders och bästa hedgefond och allt. market maker med mera och de lyfte av honom och det var väl lite en det var ju en rätt bra signal att gå lång på i sektorn att det var inte liksom det var att sitta där och lyfta av honom så det var väldigt snyggt och några dagar senare så släpper ju Citadel en liksom bullish AI-rapport hur båsade de här på halvledare och och innan gick de ut och sa att Fed tyckte att de trodde de skulle höja räntan och då precis It was also insane.

7:07Alla trodde, from nowhere, it started to come new things. I saw some chefs-ekonomers on some svensk bankers who said that that they can actually increase the rent. They just read it. They just read what Reuters wrote. This was a report that the Fed could increase the rent. I thought it was It was completely That Wors Would be able to raise the rent It was hard to say when they didn't do it I said it right out here in the podcast That he didn't do it I wrote it on my blog, it won't happen I can't understand how anyone can think With the inflation-siff of the Wors Had in the face of the July Which was really low So it was absolutely In a way to raise the rent But And then it's Citadel that has pushed out the narrative.

8:05And then it was not ours, so it became a race up. And AI-trenden began to come back. How I played this, two proffs. I have a friend who has been a business, Nibius, som är en hyperscaler som bygger datacenter som har varit extremt framgångsrik man har varit avis på honom så där har jag lite koll på det bolaget såg att den hade gått ner väldigt mycket nästan halverats så då började jag köpa den kanske på 160-150 och sen så kom det här Fed-beskedet då studsade den typ vändningen var lite på gång där med Fed studsade upp lite och sen vekte tillbaka hela dagen och sen dagen efter åkte jag till Palma på torsdagen and then came out that the Leopold like, the thing was supposed to be a little bit, it felt like the market had gotten a new as if he had been able to fly and then I flew four hours, I thought that it was Starlink with SAS, but it was not on the planet so that it was up to 2 % Nibus, when I sat down on the planet, so I said, should I go down more should I stop, what should I do and I said, now I have a position the one will be here and go to the other and then when I landed so was Nibus up to 27 % so then I was like, I'm going to pay off the rest of the day.

9:23And then it went up to 15 % more than a day later. But I'm going to get to the rest of the day. It's like a bad ball under the water. You press the company, you press the belated. At the end of the day, it's been out of the rest. And then it came to the house that it had happened on stable hands. And now it's a clang and jubileum. And the belated has come out. That was the end positive thing that Sask can mention in the summer. In my family, it's two canceled fly. and so has not internet worked on plan? No, it's Starlinked in the way home. I actually watched Spotify's old HR-chef who wrote a super-helling to Anko on LinkedIn.

9:59And it's a mess that you have a snabbard intet on the planet than what you have at home. So when it works well, and it works on a lot of plans, I've had it some times when I flew with SAS, then it's fantastic. But you didn't have to do it. It was no trading for you. No, it worked not in the way. No. But you did something, you chose it, You were a short sand. I was a short sand. The stung was there. From a katastrof to a mindre katastrof. Yes, but it was not a good time. It was not a good time from the beginning. I was a short time. Then it went to bananas. But then it came out now.

10:36Then I did not so much on studs. I looked at Callcom, which was long in the morning. The amount has come down. It's much that has come down. and not have been so much with a company with Nvidia-coopling and so on. I saw that Burry was out and said that he had a short Nibius now. So that's coming down a little bit. Now it helps up. Man knows not really what you think about him and his call. Vissa things he has got super-right in. Now he's paying the most on his sub-stack. The positive for AI-trends is that the belated has been done. It's positive. Then the question is how many are going to be in the net?

11:17That's not good when it's a big volume on high levels and when prices come down. It can be a bit like a boat field. Like crypto happened in the last summer from 110 and now. It felt like crypto bros had gone over to AI. Absolutely. Man has seen on Twitter, it was a little bit of a snubbe. he was up 50 % on the year he had 4 million dollars and he had like 25 million dollars on top and then had you been the guy who had lost 90 % he had lost 200 million but he was still up 50 % on the year it was still a good job yes but he had died in stroke on the way exactly but now it's a little difficult I think Intel took in a lot of money Google should have We have a huge alphabet, a huge obligations emission.

12:11We are still on this spenderspain that the price of the price of the price of the price. It was about two weeks ago. It's not the same thing anymore. How much can the market be? Now it's open to an open eye. I saw a rubric today. They would try to put an IPO in September, October. So it's like it's a brot of a minute here. And then it's a lot of other things. Oljepriset är relativt lågt Med tanke på att honomostsundet fortfarande är stängt Det är Cred till Besant som har lyckats snacka nere Och även om du tittar på USA och SPV Alltså oljelagret är väldigt lågt De går in och intervinerar igen Man måste ju ha i beaktning att it does very much for to keep it together so it's just that I thought about Michael Burry the bus should be on all time high in midterm so it's it's that we're going to do it it's not to go down in all the way Michael Burry said he mentioned in 1987 crash variant but it's just a little bit but it's just a little bit now you have to have the boat you mentioned before in the beginning that you had liquid and it's not so dumb That you have a pretty big kassa I mean not that you should sell and go out Fed and Besson But you don't have 100 % Allocerate Or you can do crypto bros 200 % Leopold had it 4 times So he had 40 million He was really good But he can't Capital allocation and investing Because you can't have the leverage End of the place where it works It's not going to have a leverage.

14:02It's a lot of leverage. It's a lot of leverage with a lot. And the sjuka. He was quite sure about his intro. He was short Adobe, SAP and all of these SaaS-belgames. And they have been running. So he had a double-grej. Inhaven goes down and the korting goes up. Yes, exactly. But he is young. So it's not... He's not a new investment. Yes, exactly. And he has already set up a new fund. It's probably the same fund. Yes, maybe it. But the interesting thing I think is that his private, onoterate, trots that everything else was near, and Sandisk is near 50-60 % from top, and all of these are near, it's a lot of percentile, so his private, of onoterate, noterate, noterate, noterate.

14:43Noterate. And that's the one that's not near. Antropic OpenAI, trots that the whole AI-sector slacked, so their values were not near. No. It's a day's level, how dumb it is. And that his fund after he had total crash was up 80 % in the year Exactly But what I mean is that I think that it is If it doesn't make people open up for that it has onoterated market That it is onoterated market But it does not do you just one time per quarter It can't be a day to day It's not even a week per quarter It's not really a value It's bluff It's a loft slot Blot is sugen on PE No, absolutely not Däremot har ju de här Apollo Och många av de där P-bolagen på börsen Är ju lite intressanta för de är så stora De här största För de har ju kommit ner en del nu Ja verkligen Ja exakt EQT rusade ju på sin rapport Som en respons på det Så jag har faktiskt börjat titta på Jag har börjat titta på de här stora drakarna För jag tycker det är lite intressant För aktierna har kommit ner Och då är det så cool att du inte ska köpa EQT because it's svenced, but you should find something obscure.

15:56I mean Apollo, they're super-willed allihopa. Yeah. I think it's a little interesting because they've come down. If AI-trends, we said that this was a set in the trend or the bubble. So, it might be a bit up to. Then you want to have them. Then you want to have them here, the big P-draker. And if you have a high risk, you have to be a blue oil that holds on with private credit. I didn't even mention them, but I talked about Apollo and them. Or especially Apollo, I think it was cool. If I take my semester-tanker, I listened to Igår on a sommar-prat of Jonas Gran. Have you listened to that? No. He lives without a smartphone and is a writer and I don't know he's a scientist but he has read much research about it and he has a little bit of a story about some smart snubbers who will find a job the only time he does it is when he's out and fly because then it doesn't go to the same you talked about SAS it was a good tip it can be a good idea to him but and then he listened to a few other podcasts he has no smartphone and some of them live with a smartphone where you just go to bank ID and switch it doesn't go to live without it but he's going to get a job.

17:19But he's going to get a job. He doesn't have a job. He thinks internet is a flyer? No, no. He's going to get better. He's going to tell you about how many things are. You're sitting home and you're going to read a book five times and you're going to say now I'm going to be a little surf. It's so that the heart of the heart is now. But as a business owner can you really get into it. But I'm still going to get into it that it will be that some of the companies borde rikta sig ditåt. Vad händer med alla som inte vill vara med på AI? Och vad händer med alla som inte vill vara med på den här vågen?

17:55Det kommer bli... Vad ska folk göra i AI? Då kanske alla spelar paddler eller golf. Jag träffar en kille som äger golfbanor. Det kanske blir superframtiden. Köpa upp massa golfbanor. Medborgarlönen måste ju bli en annan stått. Ja, men exakt. Vad ska folk göra? Jag tror att det finns en stor business här med dels de som inte vill vara med. Då snackar de i marknaden om Amish. They were told that they didn't want to be so many things So many people who don't want to be with it In this AI-sammany

18:25Sitter we here Mitt on Stureplan It will surely be such a And it may be a new Amish variant I mean It's just another It's just another one who looks at Amish and is avundsjuk And just like what good they have They're probably happy Yeah I think it's a big spaning here with social media Is it not a little infantil to go around and say that you should be happy all the time? I don't know what your life goes on Are there any of you who are? It's not, but you're happy in some stunds Hippies are you glad all the time? If you haven't been you don't have been you don't have been happy but if you haven't been happy all the time then, then it's the new normal level.

19:13I think it's a little bit that we've been in a lot of time. I think it's not a good thing. I think it's a good thing. I haven't found the company yet. But I'm talking about new trends. So that people will come to get off grid and do it like retreats. Exactly. He talked about Sarek. It's like Svinrik and he's walking in for no mobile tech. So you fly with a helicopter. Yeah, but so there Alltså, so many experiences And so And if you invest in something For example, it's sport For it doesn't have AI All right, a football match is so hard It doesn't have to be We don't have to look at robot That's how they play a football match No, it's not so Robot wars I think Elon talked about it for a week No, robot No, but like so Authentic stuff People will pay very much for And like Yeah, absolutely I think also My spaning from the summer Was that it's It's so much People with money Trophy assets And Olika sorters Folk Also Publik On many places Blir Vissa places It's not that It's just a lot of americans That's just a lot of people That's just a lot of people They understand The people Because they want to live It's a lot of money And so they're They're super rich But it's a lot of people It's like Okay It doesn't work anymore To hold Avisa bort Through just to just to show the price The people come here It's the most people in the world That are ricas And look at Instagram And so they can go to And then it's over crowded And when it's over crowded It doesn't matter to show the price For that you'll get That it's not so many people It's just that it's so full of people Or on many locations So I wonder if it's not It's like that in some hotels, you can't go here if you haven't been here before.

21:10Or it's like a pointer. Now it looks bad for the nightclub. Alla comes in. It's because people drink less. So you have more people in the world. But I wonder if it's not like a pointer. At the point of the people who come. You understand that you're going to have a lot of people. and not all the Dubai bros or Silicon Valley bros exactly they have time to go to the rest if you understand what I mean so that it should be more exclusive but that you don't sell on money it is something there we who don't have any money so we think we're cool instead then we have a chance still yes exactly but it's about to be a little bit it's very weird It's very interesting on some places.

22:01And it's very commercial. On some places, even when I was with Bay. When I go out, I feel like I'm a mjölkkosa. Kvaliteter has gone down, priser has gone up. And the public will be there. It's not the local family that's going to make it in Italy. It's not a cook for all of you. It's a style. So here are some sparing. and what we're going to take to the way that I'm going to go forward under the end of the day. Then we had SpaceX, I just wanted to draw a short exact same thing as Klana. If you think first level, so you think SpaceX, lock up now for all the old age to sell. Now it's a total crash, the action goes down so much.

22:44And then the day when all of them will sell, then the action goes up. It's exactly so that the best thing works. If you think you've found the easiest best trade, so you need to work. It's not like that. Then it's front, someone has done some options, someone has done it. Kevin Griffin, Ken Griffin is on the other side. He blows up SpaceX and all blanks. They must take it. It's very easy to see such trades. It's a bit like that. The same with the clan. The crash all the way down. But then when lockup went out, it didn't happen much. It's even more conservative. Elon, do something. No, but the lockup had already headshot their posts.

23:21so now they fix it so can sell them but they must stay short so I was a little bit I was a little bit on it I don't have to put it on it but we'll see if I do it it was a very difficult time it's a very difficult time it's a very difficult time it's not a lot of value absolutely not and that all all the staff who have to stay on sell the first day they get it It's not so it goes to. But it's very interesting to follow. Yeah, we'll hop on to Abcellra. I talked to you in the last time when you were in the office. It was like Unicor, you had a lot of life and you had to go. Yeah, you had to go up 33%.

24:07Have you become a doctor? You're going to be a lot of advice when you do your research. And then you go up again. Is that how it works? Yeah. You don't have to do it so complicated. or so tjatar man under an aktie i 5 years and then it's lätt to be biotech bros when you're not alone but they're always negative and still class them as a dukti I mean 90 % of all biotech company so it's not hard to get it so say instead what you think it's the end of the interest if you listen to a certain investor or something so look at their track record when they've got it right when it's actually gone well Att sitta och säga att ett biotech-bolag kommer att gå åt helvete det är enkelt.

24:53Man har 90 % chans att få rätt. Och sen trodde jag att Abseller hade botat cancer igår när de hade uppsett 3 % och det de hade botat var klimakterievallningar som ens mamma brukar prata om när de var liten. Exakt, nej men värmevallningar är ju det här preparatet som de har tagit fram själva. Har man gjort en dålig trade? Ska en okänd person spela in en podd? Då har man nog känt de här vallningarna. Ja, exakt. Men det var ju väldigt bra data i alla fall jämfört med de It's a tablet that is And it's a hormone treatment And it comes with a lot of Biverkings But especially the important thing is That you need to go and look at the liver And look at the liver Because the tablet is not good for the liver So it's a biverking Is it a tablet that is also?

25:38No, it's a injection Exactly, so you don't need to take a tablet every day It's more a case I don't know if the other I'm a month, I think, that the study was done.

25:50And it looks like they have, in all of a sudden, just now, it's a little study, it was 80-90 people, but no hope. All the full-fled studies, it looks like small biverkningar, and a little better actually than tablettes when they did their studies. Then it's not a lot, because it's a little study, It's not so many people. It's 90 % etc. So it's probably going to be so that cellar's preparatory will probably end up with a par with tablet. But then it's still good for it's less than a bifurcating especially not the leve thing. And that it's an injection in a month instead for you to have to take tablet every day.

26:39Have you bought or sold it? or what it's done? I have not done anything. And it stood well in two as well, four as well as when you started talking about it again. And now it's a new one. I have not done anything. I have not done anything. For me, they have now in several years been the world's biggest or not the world's biggest but they have been a mega like a lot of Next planetrets. I thought you would say that the world's largest pipeline that Cobb did. No. So this is like your goal is to change what to be a platform for business. That they willинate to various candidates and so. I think it is that folks not know if it's or not that the world's first anti-eteno - 골� просто over the cold ouThe Mountain since the 1 dei have come through the first antikropp with COVID.

27:41It's just no one thinks about it. And now it's like, it's a fast 2, but it's like it's a fast 3, but it's like it's a good thing. And then plötsligt, then the platform is not so dumb. And a platform should be worth more than a company that has just a good preparatory. So I think that the value of and then they have a jättekassa, den är väl på 500 miljoner dollar så de kommer ju kunna finansiera den här i alla fall tills den går i mål om de inte kommer partner det här preparatet eller något annat de här tabletterna det är Bayer och sen ett japanskt bolag som är nu, att helt tappa namnet på de är jättestora just de här preparaten de har, de här tabletterna är väl inte något jättemycket för deras intjäning men down the road så vill de ju ha en modernare version etc alltså mot värmevallningar and the heat is not only for climate change but also for cancer patients and everything else and it's not hormone also it's not an antikropp so it's really cool it's really cool it was important for the cell to show that it works well that they know what they do yeah then I think that just this this preparatory they have really They've probably tried to have done much and then they've seen that this we really believe in so they've really tried I think they've already known that the first one they've come with now must be good so they've probably not had to have a chance so much If we hopped on it we've Octave which I've just kept my case and I've just kept more and more and the first went down the whole summer or first went really much I did a really good job, I sold a lot I've been a lot, I've been a lot The market led the summer and it seems like it has been some different index-grears here.

29:40The market will be a message here in the week. Then it will be a bit of a sudden, and then it will be a bit of a sudden. It's a bit of a sudden, but it seems like it has been extremely much cell-flöden in the way people would confront the ones and the other. But then it seems like SAP came with its report, AI crashed. Then it became a big renaissance in SaaS-software-sektorn. The report is still up, but still has a full-on report. It's a report in the morning. I have gone down the report to see. It seems like it should be a lot of confusion when you've done a spin-off. What has hexagon been on them?

30:16What have they not done? It was a fantastic affair after risk-reward and the size I took. Now I've got a lot of cash here and we'll see what the report is. deviderar och framförallt så vill jag spela de här indexviktningarna. När det kommer de här datumen in och ur så borde man kunna göra en fantastisk idé. Det är mitt nya spin-offs, olika sådana här avskiljningar. Det känns som att det har blivit ett low-pull i marknaden och den blir bara större och större, för indexfonderna blir större och större och aktiva köpare blir bara mindre och mindre. Men då har jag tittat, vad ska man köpa? Jag har gjort några korta affärer här.

30:53Jag köpte Astra på det här budryktet. On a bud-nedgång, or? Yeah. I had to be sure that I didn't buy it. Den har inte studsat än knappt. Eller jag köpte F. Nej, den studsade ju där när de lamenterade det. Exakt. Men den gick ner 10-15%, 10%. First kom den här dåliga studien. Och då kraschade aktien den största nedgången någonsin i kronor på Stockholmsbörsen. Och sen kom det här att de skulle köpa upp Bristol Myers Squid. Eller slå samman. Ja, men de gick ju ner. Och Bristol Myers gick ju upp för att det skulle vara en premie. Och det var Financial Times som var ut med det. and now, today, are they with that it was long gone with Santa.

31:27It looks like it's a test-ballong that they're going to that they're going to send out to Financial Times for to see how they react. So that's going to present in the middle of August, they said they today. But it was nothing. But the action has just been stuck to back. The one is 14 ,000 or something. The one is 15 ,40 and the one is 17 ,000 before all this debate. And then they had the one in the study. The one is 1800. So I've bought this here. It's got plus or minus zero. I got a lot of out-delating. It's not many. Yes, 10 kronor i utdelning här Kan man visa sig som en utdelningsinvesterare Så där snubblade jag in igen Köpte lite Asmodee här på att Altafox hade gått in, där har inte hänt så mycket Ligger väl typ break even på den Och sen så Kollade lite på Raysearch, kom med Vinstvarning och igår kom de med Någon smyg omvänd vinstvarning Att de hade fått lite order och så Den är inte köpt Jag tittar på guldet Har studsat rejält, tittar på ett bolag som heter P2 Gold som ska bygga en gruva i Nevada men den har också rört sig lite men den skulle jag vilja ha in på DIP och titta på lite olika bolag men egentligen skulle jag bara vilja sitta på en stor kassa ett tag nu när börsen är så uppkörd och det dyker upp någon ny sån här får du vänta till SKF ska spinna av den här aerospace-delen eller vad det är och köra någon ny vänta till september vänta till midterms exakt I am extremely bad at the end of the day, but more times per year it's been a huge number of places where you have a super big kassa.

32:59It's not that you just do the affairs, so you don't have to do it. I think that with the wall that is in the market today, so you can still have a kassa and do a good kass with rest. I have a 30-25 % of kassa. And it feels good. Yeah, exactly. Because you want to act and panic panic. And that's why we're going to go into this With... Yeah, guldet, you mentioned it, it was like this one For the week On that you think that Fed Is not going to raise It's a little... Yeah, now it's The conversation is clear And there it's just It's just like Trader, investerare That when guldet goes down to 4 ,000 It's like It's like It's like It's like Now it's like Guld and hype are over But if you're going to go into it And then you're going to go into it Yeah, then you're going to go into it But now when it's on 4 ,3 Now you're on a market.

33:51Exactly so works in the market. When things go up and it goes up, then you're on a market. And when it goes down, so no one will go. As with Octave or whatever else. So now a lot of people have been looking at Octave when it has gone from 15 to 20 dollars. Then you'll buy 15. Exactly. Just in the market, I think it's a bit of a risk. It's a CPI-siffror. CPI, alltså inflation-siffror i USA imorgon, den blir väldigt viktig för börsen har studsat alltså från low-sum vi hade här för två veckor sedan. Guldet går så jag skulle vilja säga att aktiemarknaden kommer gilla om inflation-siffran imorgon är låg.