Category Kings Decade
TheBabylonians@the_babylonians
−4.1%
since Oct 3
The idea
I believe AI's buildout, a weakening dollar, and China's rise will define the next decade, so I stick to category leaders with real moats rather than spreading across everything. The core sits in AI compute, memory, and energy chokepoints, with slices for space dominance, robotics and AI-driven biotech, defense and cybersecurity, and China plus hard assets like gold and bitcoin. I hold 12% in cash since valuations look stretched, ready to add if these leaders get cheaper, and I avoid single-name concentration by spreading conviction across the sector winners instead of betting on one.
What it owns
- AI Compute, Memory & Platforms · NVDA, Taiwan SemiconductorIt manufactures nearly every advanced AI chip and holds an unmatched lead in cutting-edge production, benefiting from growing AI demand flowing through its fabs., MU, ASML, AlphabetIt owns its own chips, artificial intelligence models, and distribution, winning whether AI profits concentrate in hardware or software, as long as it stays competitive in search and AI products.37%
- Data centers running artificial intelligence consume enormous amounts of electricity, creating demand for power generation and grid infrastructure from leading suppliers. · GE VernovaIt makes turbines and grid equipment utilities buy to power data centers, capturing demand from ongoing data center buildouts., CEG12%
- Category-leading positions in robotic surgery and AI-driven drug discovery express conviction in automation and computational biology. · Eli LillyIt applies artificial intelligence to drug discovery and development at a scale few pharmaceutical companies match, combining this with a dominant franchise in obesity drugs that funds continued growth., Intuitive SurgicalIt dominates robotic surgery through its da Vinci system, a position reinforced by decades of surgeon training locked into its platform, and holds as procedure volumes grow and no credible rival emerges.12%
- Long-term dollar weakness and China's technological rise are expressed through leading Chinese tech and scarce assets outside government control. · Alibaba GroupIt is China's leading technology company with dominant positions in cloud services, artificial intelligence models, and e-commerce, and benefits as China's economy and tech sector advance., SPDR Gold SharesIt tracks gold prices and serves as a hedge against a weakening dollar, working as long as that long-term currency trend remains intact., iShares Bitcoin TrustIt provides direct exposure to bitcoin, a scarce asset outside any government's control that serves as a store of value when currency weakens.11%
- Commercial space launch and satellite services are becoming a large market, concentrated among a small number of operators with significant cost and scale advantages. · SPCX8%
- Defense & Cyber · CRWD, LMT8%
- Cash12%