🧠 Original Viewpoint Roundup

🧠 Alpha & Process

• Spreadsheet-only investing is a crowded trade. fundamentals, P/E, FCF are not enough; real alpha needs looking beyond the model and catching what screens miss. 1

💾 Semiconductor & Memory

• Kioxia is a high-conviction position. The signal is simple: largest single holding, not a casual watchlist name. 2

• $SNDK looks technically extreme. Monthly RSI at 99.22 is beyond the usual overbought zone; readings above 80 are common, above 90 are rare, above 95 are exceptional, and above 99 is almost unheard of. 3