The “long term” investor whose biggest position is Micron???!!!!

This is not a long term stock! Im guessing he tried to appeal to 212 etf ppl by saying he a long term tortoise investor. He then said he sees ppl posting gains on 212 on short term stocks but apparently he is long term!

Micron is a company that was at the right place at the right time. Its not a growth play its not a value play.

The biggest issue is moat and pricing power. If Micron keeps its prices high another company will just do memory. It will take 1 2 years max. Intel easily could do it but its probably not worth it.
Amd definitely wont touch it, unless its through a partnership with another memory company.

And then you have dozens of asian companies which just need an American front company partnership.

This is not a long term stock!!!