Playing the Periphery is Always Bullshit

Often times traders look for “the next $NVDA” or “the next $AAPL” instead of buying the actual stocks that have done well, leading to wanton disappointment.

Today we have a move in the nuclear and AI sectors, with multiple stocks running at the same time. People are tripping over themselves trying to find “the next SMR” play when the stocks of $OKLO and $SMR are the actual plays. That’s not to say these are the eventual winners; but the point remains: when trading around the periphery looking for the next $SPOT or the next $HOOD what you’re actually doing is being a retarded ape.