Ticker Symbol YOU: Why Michael Burry Is Wrong About Micron

Everyone still trades memory like it's the same boom-and-bust business it's always been. Alex from Ticker Symbol YOU thinks that's the single biggest thing the market is getting wrong right now. He joins Gav live to break down why the old cyclical playbook for memory may be breaking, what changes when hyperscalers start locking up supply on long-term contracts, and where opportunity tends to show up when a headline drags a stock down but the business keeps climbing. 🐺 THE WOLF SUMMIT - August 3rd, New York City Serious traders. One room. One full day built for people who want to think sharper about making and retaining wealth. Co-hosted with Public. What you will walk away with: - Sharper ways to think about making and retaining wealth - Direct access to the traders and market voices you follow online - Live trading conversations and breakout table discussions - Practical ideas on research, technical analysis, risk and market structure - Relationships you cannot build from a screen SPOTS ARE LIMITED. Get your ticket TODAY: http://summit.wolf.financial ▶ Follow WOLF Financial: X: https://x.com/WOLF_Financial ▶ Follow Ticker Symbol YOU: YouTube: @TickerSymbolYOU Twitter: @TickerSymbolYOU This content is for informational purposes only and does not constitute investment advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. 00:00 Intro and how Alex spots opportunity vs a trap 02:52 How he's allocating capital on the pullback 03:01 Why every portfolio starts with a fund (VGT) 04:43 Micron, the Burry tweet, and buying cyclicals 06:22 Why memory may no longer be cyclical 09:43 Hyperscaler contracts and locked-up supply 11:59 What removing cyclicality does for the company 13:22 Store sales vs the stock market: the mindset trap 14:07 Fast money vs slow money (not smart vs dumb) 18:39 Back to memory: reading the wave Burry missed 21:06 How long this can run and the long-term trend 23:53 SK Hynix vs Micron: which is the better setup 26:14 The most overlooked stock in his portfolio 27:39 The ASML thesis and the EUV monopoly 30:16 Why ASML has no real competition (the Zeiss mirrors) 33:01 The coolest AI use cases right now 35:07 How Alex uses AI to cut video production time 38:10 Nebius, neo clouds, and the AI infrastructure buildout 42:05 The ethics of the AI buildout and data centers 44:05 Debunking the water and power myths 48:28 Final thoughts: volatility isn't a risk