$6324

Does he own it?

On May 14 he stated in the first person that he bought some 6324 for humanoid exposure, and on May 15 reaffirmed liking it as the Western leader. He later traveled to Japan to research it on the ground. No percent weight was disclosed, but the explicit buy statement supports ownership.

His thesis

He views 6324 as the leading Western/non-Chinese maker of harmonic reduction gears, a high-value part of the humanoid/robotics bill of materials, at a roughly 4B valuation flagged in sell-side research. He prefers backing Western supply chains with his capital. He concedes Chinese rivals like LeaderDrive are cheaper and better suited to mass production, expecting a bifurcated market with cheap Chinese humanoids and pricier Western ones.

How his view evolved

Early on he tracked it as the sector leader but flagged it being disrupted by China's LeaderDrive. In mid-May he bought a position and praised it as the Western leader. By June he leaned toward LeaderDrive for mass-production economics while still respecting 6324.

Key points

• First-person buy of 6324 stated in mid-May for humanoid robotics exposure
• Framed as the leading Western harmonic-gear supplier with high BOM value
• Acknowledges Chinese rivals are cheaper for mass production, tempering conviction

Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $6324 on X ↗