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☕ Nvidia’s new NIM™ Agent Blueprints will unlock billions

Aug 27, 2024

Howdy! 👋

CNBC proclaimed this early morning that the “comeback rally” has stalled when the futures were decidedly red.

Great... if you have the attention span of a gnat.

We know better.

My guess is the S&P 500 and the Nasdaq will be green by the time you read this. The Dow, not so much.

To paraphrase the legendary Warren Buffett, the stock markets are a device for transferring money from the impatient to the patient.

The single worst mistake you could make right now is to fall for it and get knocked off track!

Here’s my playbook.

1 – Nvidia’s new NIM™ Agent Blueprints is perfect

Palantir broke the mold with AIP.

Now Nvidia’s on board with its own version. (Read)

The company announced Nvidia NIM™ Agent Blueprints this morning, the crux of which is to provide an accelerated AI proving ground for companies that want to test, develop, and validate AI concepts while speeding up the development process.

Translation.

This opens up a huge channel and monster profit potential.

Here's why.

Global system integrators and technology solutions providers including Accenture, Deloitte, SoftServe and World Wide Technology will help bring NVIDIA NIM Agent Blueprints to enterprises worldwide. At the same time, Cisco, Dell Technologies, Hewlett Packard Enterprise and Lenovo are already offering full-stack NVIDIA-accelerated infrastructure and solutions to speed NIM Agent Blueprints deployments.

You know what to do and if you don’t, I’ll be here if you need me.

2 – Plummeting home sales suggest another opportunity

The talking heads have been telling you that home sales will rebound for months now.

I’ve repeatedly told you “no way” and encouraged you to watch both Home Depot and Lowe's as a proxy.

Seems I might have been on to something.

Redfin just announced that, “Sales of existing homes rose 0.6% month over month in July but fell 2% year over year—to a seasonally adjusted annual rate of 4,094,991. That’s the lowest July level in records dating back to 2012.” (Read)

Pending sales are also down to the lowest level of any month on record other than April 2020 when Covid-19 first ripped through everything.

Investing Implication: I think it’s very likely that both HD and LOW will be in the proverbial doghouse for some time to come. Shorting or avoiding both is a good idea to my way of thinking. But this kind of data also highlights a growing opportunity for so-called payday lenders who address what’s called the unsecured loans market which may top $8-10B within the next few years.

3 – El Zucko is adulting and I like it!

Meta CEO Mark Zuckerberg is blaming the White House for pressure related to censoring Covid-related content and information. (Read)

Like that’s a surprise.

There isn’t a government in the world that wouldn’t attempt to spin something critical when faced with the prospect of losing control.

This is not a party issue so put that aside; we do money, not politics.

To his credit – and I really mean it – he did step up and say Meta ultimately owned the decision take down content.

I don’t know what El Zucko is eating for breakfast these days, but I like the transformation I’m seeing from petulant tech exec to seriously responsible and self-aware leader.

Personally and speaking from experience, I believe that his martial arts training is having a huge impact on the way he lives his life.

MyPOV: Meta has tremendous challenges ahead which is why I still won’t touch the stock, but I am taking an increasing interest in picking up shares. Meanwhile, I prefer other names because they’ve got bigger upside, fewer headwinds and customers love what they do.

OBAers – you know the drill and which stocks to buy. It’s a very short, very selective list. Go get’em!

4 – If you think NFL tickets are expensive now, just wait

NFL owners are expected to vote today to allow select private equity firms to invest up to 10% for a stake in teams. Approved names reportedly include Ares Management, Sixth Street Partners and Arctos Partners, Dynasty Equity, Blackstone, Carlyle Group and CVC Capital Partners.

The NFL is the last major league to allow private equity ownership. (Read)

Proponents say it’s needed because the price of ownership has increased so dramatically that it’s available only to a few ultra-wealthy individuals worldwide.

Here’s a thought.

How about taking away all the tax subsidies provided for flashy new stadiums and returning the sport to its sporting roots??!!

Make ticket prices a function of actual customer demand – not advertising, naming rights, corporate boxes etc - and I think you’d have a shot at returning football to its glory days and the stuff of legend that it once was. Not the greed-fest it seems to be today.

Ticket prices, which are already at nose-bleed levels, will go to the stratosphere if private equity gets involved.

Taking a family of four to a single NFL game will already set you back an average of $631.63, which includes the price of tickets, parking, and refreshments according to the 2023 FCI (Fan Cost Index). More depending on the venue and the team.

No, thank you.

Keith’s Investing Tip: Meanwhile, if the vote does go through, I can think of a few municipal bonds that could get a shot in the arm. Yep, taxpayers – meaning you and me - are ultimately on the hook for this nonsense which means wealthy owners and players benefit at the expense of the public. Again. 🤦‍♂️

5 – Another reason to own Palantir most haven’t considered

I told you yesterday that there’s likely more to the story.

And this morning, there is.

Russia is now warning France that detaining Telegram Durov could be viewed as restricting freedom of speech and an act of intimidation. (Read)

That’s rich, but let’s put that aside.

My $0.02 is that Putin knows any serious French investigation will uncover how his intelligence assets are likely using Telegram to communicate, orchestrate, and organize worldwide.

Telegram is privately held so there is no way to trade it per se, nor are there any cryptography stocks available that I’m aware of.

BUG, a cyber security ETF, might be the closest proxy but the returns leave a lot to be desired considering the fund has returned 5.42% YTD at a time when the S&P 500 has tacked on 17.43%.

Smart investors are better off concentrating on a company like Palantir because it has a vested interest in national security which is really at the core of the story here imho. It’s returned 78.47% YTD by comparison.