Key insights
- The article discusses Trump's Q1 OGE financial disclosure, highlighting significant investments in tech companies like Nvidia, Broadcom, Dell and Intel, while trimming positions in Amazon, Meta, and Microsoft. The author suggests potential conflicts of interest due to Trump's public endorsements of companies he invests in. The overall sentiment leans bearish, suggesting possible insider trading and questioning the sustainability of gains driven by political influence rather than fundamental value.
The new positions that jumped out at me: ServiceNow, Nvidia, Broadcom, Adobe, Oracle, Workday, Dell, Intel, Texas Instruments. Meanwhile Amazon, Meta, and Microsoft got trimmed.
Even though I don’t like the guy, I’m very tempted to copy his exact portfolio. He is clearly doing to steer these stocks in the upward direction for his personal gain.
The Q1 OGE financial disclosure dropped and it’s roughly 3,600 transactions, somewhere between $220M and $750M in volume.
The Dell one is the part I can’t stop thinking about. $1M–$5M position opened February 10. Then in early May he’s at a White House event publicly endorsing Dell hardware. Intel got loaded up on right around the time the government took its stake. I’m not saying that’s a smoking gun on its own, but the pattern across the filing is the kind of thing that would end a normal person’s career at a hedge fund.
Anyone actually pulled the trigger on this? Or is the smarter play just buying the broader AI infrastructure trade (semis, hyperscaler picks-and-shovels) without pretending you’re being clever about it?