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🚀 Up about 400% since the public sharing: No genius needed, just bet on the right "bottleneck"

To be honest, this isn't about predicting the macro, nor is it about god-level stock picking.

Most of it comes from two factors:

Choosing the right track.

Following the flow of capital.

Plus a bit of luck.

The real money-making logic this year: Bet on "bottlenecks," not on stories

The core framework this year is simple:

Where are the physical bottlenecks for AI expansion?

That's where the money will pile up.

My current favorite categories:

1️⃣ Memory

$Sandisk(SNDK.US)

$Micron Tech(MU.US)

$Silicon Motion Tech(SIMO.US)

Samsung, SK Hynix

When computing power explodes, HBM, DRAM, NAND aren't optional; they're necessities.

Computing power can be scaled,

but if memory can't keep up, the system grinds to a halt.

This is the bottleneck premium.

2️⃣ Photonics / Optical Modules

$Lumentum(LITE.US)

$Coherent Corp.(COHR.US)

$Applied Optoelectronics(AAOI.US)

$AXT(AXTI.US)

When data centers enter GW-level expansion,

the "connection speed" between computing units becomes the core issue.

Powerful GPUs are useless

if optical interconnects can't keep up; latency is the Achilles' heel.

3️⃣ Power / Grid

$XLU

Computing power is an energy monster.

Every round of data center expansion

passively benefits the power grid and utilities.

AI is a digital revolution,

but its foundation is an energy revolution.

4️⃣ Advanced Packaging Capex

$Amkor Tech(AMKR.US)

$Onto Innovation(ONTO.US)

$Camtek(CAMT.US)

$Kulicke and Soffa(KLIC.US)

$Formfactor(FORM.US)

HBM, Chiplet, advanced packaging

are the last mile for computing power to truly materialize.

Many people watch $NVIDIA(NVDA.US),

but the real capacity choke point is the packaging stage.

Why are these up 50%-100%+?

Because they aren't sentiment sectors.

They are physical constraints.

When demand explodes,

bottleneck assets naturally gain pricing power.

This greatly amplifies trading gains.

The most important lesson I learned this year

Don't try "reverse rescues."

For example:

Betting on a cybersecurity reversal

Betting on SaaS recovery

Betting on a sentiment bottom

Where is the market's money?

Where is it most scarce?

Following the flow is more important than being smart.

What really changed my profit curve wasn't correctly predicting the future.

It was constantly asking one question:

Where is the next place that will get stuck?

Because capital always rewards the bottleneck first.

By the time everyone sees it,

half the profit has already been eaten.

在昨晚（1 月 22 日）的达沃斯论坛上，特斯拉与 SpaceX 首席执行官埃隆·马斯克围绕 AI、机器人、能源与航天谈及他对未来的判断：一端是 “让文明拥有更大把握延续” 的长期目标，另一端则是算力扩张背后更具体的瓶颈——电力与能源系统。对话开始，主持人将问题落在 “工程与执行” 上：当马斯克同时推进 AI、机器人、空间运输与能源布局...