Explaining Korean Stocks and the AI Memory Trade - Rekt Mando

Watch on YouTube ↗  |  May 05, 2026 at 14:01  |  59:50  |  Thread Guy
Speakers
Mando — Professional Trader / Macro Analyst

Summary

Mando discusses his three core macro longs: South Korea stocks (governance reforms + AI memory), uranium (breakout), and Google (AI behemoth). He warns against SaaS due to dilution and favors buying assets breaking to all-time highs. He has no crypto exposure but watches Zcash.

  • Mando is long South Korea via EWY, Samsung, SK Hynix on governance reforms and AI memory dominance.
  • He is long uranium via URA ETF, citing a multi-decade breakout and inelastic supply.
  • He is long Google (GOOGL) as the AI leader and most valuable company candidate.
  • He avoids SaaS stocks due to massive stock-based compensation overhangs.
  • He prefers buying assets breaking out to all-time highs with tight risk management.
  • He has zero crypto exposure but watches Zcash as a potential bounce.
  • The 'Korea discount' is closing due to new corporate governance laws forcing buybacks and dividends.
  • Memory chip demand is structurally supported by AI, with fabs booked out years in advance.
Trade Ideas
Mando Professional Trader / Macro Analyst 5:15
Long Korea governance and memory trade
South Korean stocks have historically traded at a discount due to poor governance (chaebol cross-ownership, no buybacks/dividends, weak minority rights). New laws are forcing buybacks, dividends, and better shareholder treatment. Simultaneously, South Korea dominates the memory chip market (90-95% share) with structural AI-driven demand. These dual catalysts make the index, Samsung, and SK Hynix compelling longs. The index has tripled but still trades at single-digit forward PEs.
EWY 005930.KS 000660.KS KOSPI index HIGH
Mando Professional Trader / Macro Analyst 13:16
Google as AI behemoth long
Google is an absolute behemoth that will dominate the AI trade. It is breaking out to all-time highs, has strong forward earnings, and he believes it could become the most valuable company in the world. It is one of his three core macro longs.
GOOGL HIGH
Mando Professional Trader / Macro Analyst 27:06
Uranium breaking out after 20 years
Uranium has been a 'widow maker' for 20 years but is now breaking out to multi-decade highs. Supply is inelastic, new nuclear plants are restarting, and the URA ETF captures the theme. It is one of his three core macro longs.
URA MED
Mando Professional Trader / Macro Analyst 41:23
Avoid SaaS due to dilution
SaaS stocks are dangerous because they have massive stock-based compensation overhangs. As the trend reverses, continuous dilution creates a persistent seller. Buying dips in SaaS is like catching a falling knife. He advises being very wary.
IGV MED
Mando Professional Trader / Macro Analyst 52:03
Watch Zcash as crypto bounce
If he had to pick a crypto now, it would be Zcash because it is bouncing and has potential. However, it has not hit all-time highs, so conviction is low. He has zero crypto exposure currently.
ZEC LOW
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This Thread Guy video, published May 05, 2026, features Mando discussing EWY, 005930.KS, 000660.KS, KOSPI index, GOOGL, URA, IGV, ZEC. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Mando  · Tickers: EWY, 005930.KS, 000660.KS, KOSPI index, GOOGL, URA, IGV, ZEC