Mitchell Green

Explicitly stated, "I think the best risk-adjusted returns right now are in public software names," adding that "people hate software" currently. Applies a contrarian, Buffett-esque principle ("buy when everybody is fearful") to the software sector, which is currently out of favor, implying depressed prices create opportunity. This is a clear, bullish call on the asset class of publicly traded software companies, hence LONG. A prolonged sector downturn or fundamental degradation in software business models that justifies the low sentiment.

Green points out that Chinese tech giants like Alibaba and Tencent have doubled off their lows but remain cheap, generating billions in profit. The geopolitical discount is too steep. The US and China will likely find a way to coexist ("One plus one equals four"), and these companies are dominant monopolies trading at value multiples. LONG. A contrarian value play against the expensive US tech sector. Geopolitical tensions escalating or further regulatory crackdowns from Beijing.

Green calls Palantir an "amazing company" and owns the stock. Newman notes they are a driver in the enterprise space. Despite high valuations, PLTR is in a "category of one" for delivering actual revenue/margin expansion from AI (the "receipts"). They are successfully bridging the gap between AI hype and operational utility. LONG. A winner in the "application layer" of AI. Extremely high valuation multiples make it vulnerable to any growth deceleration.

Green points out that Chinese tech giants like Alibaba and Tencent have doubled off their lows but remain cheap, generating billions in profit. The geopolitical discount is too steep. The US and China will likely find a way to coexist ("One plus one equals four"), and these companies are dominant monopolies trading at value multiples. LONG. A contrarian value play against the expensive US tech sector. Geopolitical tensions escalating or further regulatory crackdowns from Beijing.