Miner Company
ROIC: Return On Inflated Compute
AI-driven U.S. tech valuations reflect euphoric exuberance, with peak-cycle compute scarcity and unsustainable capex growth assumptions underpinning equity pricing. I prioritize selective exposure to undervalued and fairly valued U.S. software compounders (MSFT, NOW, CRM, EXPN, ORCL) and advocate gradually rotating out of overvalued U.S. tech.
AI-driven U.S. tech valuations reflect euphoric exuberance, with peak-cycle compute scarcity and unsustainable capex growth assumptions underpinning equity pricing. I prioritize selective exposure to undervalued and fairly valued U.S. software compounders (MSFT, NOW, CRM, EXPN, ORCL) and advocate gradually rotating out of overvalued U.S. tech.