Fuel for Human Greatness
f@felipe
−5.6%
since Oct 1
The idea
I believe energy is the real fuel behind every human ambition, more fundamental than AI or space itself, so this take puts the heaviest weight into power generation, grid equipment and uranium. Above that sit the suppliers AI and space can't function without, chipmaking and cooling on one side, launch and satellite hardware on the other, with Nvidia and Microsoft as steadier ballast rather than the main bet. A small quantum slice covers a future unlock that isn't revenue yet, and cash stays on the side.
What it owns
- Energy is the foundation under every human ambition, so power generation, grid infrastructure and uranium fuel get the largest weight in this take. · Constellation EnergyIt operates the largest nuclear fleet in the US and is signing direct contracts to power data centers, holding as long as AI and everything it enables requires more clean, always-on electricity than the grid supplies., GE VernovaIt builds the turbines and grid equipment that every energy buildout runs through, and it needs sustained spending on new generation and grid upgrades rather than just one good year of orders., VistraIt owns gas and nuclear plants in US regions where data center power demand is growing fastest, and the position works if electricity demand keeps rising faster than new supply comes online., EatonIt makes the electrical hardware and power management systems between power plants and machines, and it captures demand from every data center and grid infrastructure project built., CamecoIt is one of the few large uranium miners in the Western world, and the position holds if reactor life extensions and new builds keep uranium demand ahead of mine supply.29%
- The chips, memory, cooling systems and networking infrastructure that every advanced AI system requires, regardless of which company wins the AI race itself. · Taiwan SemiconductorNearly every advanced AI chip is manufactured at its fabs, making it the narrowest chokepoint in the entire supply chain, and the position holds if no rival foundry reaches leading-edge capability this decade., ASML HoldingIt is the only manufacturer of the lithography machines required for the most advanced chips, and chipmakers have no alternative as long as they keep racing toward smaller, denser designs for AI., BroadcomIt makes the networking chips and custom silicon that connect thousands of processors into one system, and the position holds if large AI builders keep choosing custom silicon and massive clusters., Vertiv HoldingsIt sells the cooling and power systems inside data centers, and AI chips generate enough heat that liquid cooling is becoming necessary, making it sensitive to any pause in data center spending., Micron TechnologyIt makes the high-bandwidth memory that sits next to every AI processor and is essential to AI performance, and the position holds if memory demand from AI stays ahead of supply.25%
- The established leaders in AI provide stability while supplier bets develop over years, and they anchor the take to real revenue today. · NvidiaIt sets the standard that every other AI supplier in the take must work around, and it anchors the portfolio as long as its chips remain the default for training and running large AI systems., MicrosoftIt turns AI into paid products for customers and builds data centers at the scale that feeds the energy and supplier positions in this take, holding if AI spending actually converts to revenue., AlphabetIt runs large-scale AI operations today and maintains one of the most serious quantum computing research programs for the longer-term future, holding if core businesses keep funding that research.16%
- Launch vehicles, satellite hardware and orbital connectivity form the infrastructure layer beneath humanity's expansion beyond Earth. · Rocket LabIt puts payloads in orbit regularly at lower cost than incumbents and is building a larger rocket, and the position holds if launch demand keeps growing and its new vehicle reaches operational flight., HeicoIt supplies components across aerospace and defense, a diversified way to own the space and flight economy without betting on a single launch company., Iridium CommunicationsIt operates a global satellite network with real revenue today, providing the connectivity layer that space infrastructure depends on, and the position holds if government and specialty customers remain loyal., Kratos DefenseIt builds drones, hypersonics and space systems for defense, where much near-term space funding actually flows, and the position holds if government space and defense budgets keep supporting these programs.15%
- A small allocation to quantum computing companies where functional machines and paying customers already exist today. · IonQIt is the direct bet on quantum computing as a transformative technology, sized small because most of that future is not yet revenue, and it holds as long as technical milestones and cash runway continue., IBMIt has published a quantum roadmap backed by software and consulting revenue that exists today, and it holds if the company keeps delivering on quantum milestones while maintaining profitable operations.6%
- Cash9%