Buy Hold Rant
AI, Quantum, Space: Shay Boloor on the Biggest Investment Themes of Our Lifetime
10/2/2025, 7:14:08 PM
Economic Summary
- The speaker is strongly bullish on multi-decade technology themes—AI, space, quantum, and healthcare AI—arguing that an 'AI tsunami' will lift companies with durable moats (category leaders like CrowdStrike and Cloudflare).
- Valuation is treated as secondary to competitive advantage; the priority is owning companies with monopolistic or leading positions even if prices look high in the short term.
- There is evidence of rapid revenue reacceleration in AI leaders: one company had street revenue estimates rise from $3.5B to $4.2B in six months, and management commentary even suggests potential for ~$6B, indicating uncertainty around AI upside and a rising revenue ceiling.
Bullish
- Long-term bullish on AI, space, quantum, and healthcare AI themes.
- Invest in category leaders with moats; leadership captures disproportionate upside.
- Cloudflare and CrowdStrike cited as strong, defensible franchise examples worth owning.
Bearish
- Valuations can be extreme (e.g., 200x sales), risking a prolonged downturn for expensive names.
- Missing category leaders (investing in infrastructure over marketplaces) can lead to underperformance.
- SaaS/vendor stocks may be out of favor and could lag as money rotates to new themes.
Bullish tickers
CRWDNETPOUNCEERTEMPEST AIGOOGAMZN
Bearish tickers
CSCOTVZ
CRWD
Bullish
Called a tier-one cybersecurity name and a category leader with strong market positioning.
Bearish
Could face multiples pressure if AI re-ratings reverse or macro weakens enterprise spend.
NET
Bullish
Highlighted as having a monopoly-like position and cited as a strong example of a durable software franchise.
Bearish
May be punished if broader software sentiment deteriorates despite product strength.
POUNCEER
2 price targets
60170
Bullish
Described as having a monopoly in its area and benefiting from strong AI-driven reacceleration.
Bearish
Speaker sold earlier at $60 and now won't touch it despite its run, implying concerns about current valuation.
TEMPEST AI
Bullish
Mentioned as a liked name within healthcare AI / AI themes.
GOOG
Bullish
Example of a generational marketplace/platform winner that captured internet-era value.
Bearish
Large internet infrastructure names can be less efficient ways to play platform-era winners.
AMZN
Bullish
Cited as a key marketplace/platform winner from the internet era.
Bearish
Investing in legacy infrastructure instead of marketplaces can miss the biggest winners.
CSCO
Bullish
Called out as looking okay now but implied not the best secular compounder vs. marketplaces.
Bearish
Seen as an infrastructure-style play that may underperform compared with marketplace/category leaders.
T
Bearish
Representative of legacy telecom infrastructure that investors favored historically but may not capture future platform upside.
VZ
Bearish
Another legacy telecom example likely to underperform platform/marketplace winners over time.
People mentioned
Hamid