Apple In Talks With Micron -- September 19, 2024

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When it comes to AI, there are two camps:

• one camp: it's all hype / it's all hyped;
• the second camp: it's the real deal.

I'm in the second camp.

Earlier I wrote this about the magnificent seven: 

This is so unlike any other sector in which to invest:

• relative monopolies 
• unique strengths 
• the average investor can actually "keep track" of a handful of companies 
• behemoths 
• market values are incredible 
• cash hordes for some, also incredible
• margins, amazing 
• partnerships 
• a different kind of competition because they each depend on the other in some way, shape or form
• with some exceptions, their only raw material -- silica and brain power

Because there is such a finite number in the "magnificent seven" -- literally "seven" but metaphorically perhaps a few more -- but still quite finite -- those companies have only a few choices with whom to deal / partner / etc.

Here's what I mean.

From Beth today: 

Be sure to scroll through the thread.

I'm sure readers are smart enough to connect the dots.

On another note, along the same line.

I used to enjoy the charts that Liz Sonders regularly posts on twitter. But no longer. The charts do not provide actionable information and there is generally no real analysis. The information is nice to have / nice to know for any number of reasons, but I can't recall even once when one of her charts provided me actionable information. Just saying. Beth, on the other hand.....

I have a position in Micron -- long story but up until today I've been relatively unhappy with Micron and have considered selling that position and reinvesting in another tech company, but with this information, I will now hold Micron for a bit longer and watch what develops. 

Ticker MU: