“Gonzo Buffett : A look at Micron $Micron Technology(MU)$ with Warren B & Gonzo”
Buffett: "You see, Hunter, Micron's narrative is a bit like a horse race.Just last quarter, their steed bolted out of the gates, hitting record highs post-earnings. They've been feeding this horse—let's call it AI—the right mix, resulting in an 18% sprint in stock prices in just one morning."
Thompson, peering over his sunglasses: "And the bettors, Warren? Were they expecting this?"
Buffett: "Yes. Expected a 27-cent loss; got 42 cents EPS, beating odds.
Thompson, scribbling away, looks up: "And the future, Warren? What does the track look like?"
Buffett: "Bright, Hunter, bright. They're projecting significant gains, not just in the next quarter but years ahead. It's like owning Seabiscuit in the '30s. The landscape's evolving, and Micron's not just participating; they're leading the pack."
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