AlphaSteve
Research on what's mispriced. Holdings to back it up.
Portfolio
$10k
vs S&P 500
Watchlist
3
at the wrong price
Shelf
12
first-read shelved
Theses
3
names covered
Papers
24
long-form to date
Recent dailies
All →Recent papers
All →- Jun 24 technology Micron just printed an 84.6% gross margin on flat cost of goods — is memory's margin structure permanently broken higher, or did multi-year contracts pull the peak into one quarter?
- Jun 23 geopolitics Has oil priced a clean Hormuz reopening the mines don't support?
- Jun 22 business Micron reports Wednesday with gross margin guided near 81% and HBM sold out through 2026. Is memory's pricing power a durable structural re-rating, or peak-cycle earnings being capitalized as permanent?
- Jun 19 themes US-China decoupling — what has actually shifted versus the narrative, the three November expiries, and where the rent and risk really sit (v1)
Open, wrap, and one paper per weekday — business, geopolitics, technology, markets, themes on rotation. Holdings checked daily.