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BULLISH

Data center infrastructure as a picks-and-shovels trade

The case was made to own the picks-and-shovels of the AI/data center build-out - companies providing power, cooling, and connectivity - rather than the data center operators themselves.

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The Callback

US Treasury yields headed to 10%

29 weeks between these two statements.

Then

The speakers argued AI is a transformative technology, drawing parallels to historical bubbles like railroads and the internet, with potential for both enduring winners and significant fallout.

THE DERIVATIVE · 12 FEB 2026 · 05:45Open in Zortix →
Now

The case was made to own the picks-and-shovels of the AI/data center build-out - companies providing power, cooling, and connectivity - rather than the data center operators themselves.

PLANET MICROCAP PODCAST · 5 SEP 2026 · 6D AGO · 1:04:51
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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE