$FIG
3/10Does he own it?
No first-person ownership signals across any of the 4 mentions: no "I'm long," adds, sizing, or portfolio weight. FIG only appears inside rating lists and thematic comparisons. He explicitly distances himself, grouping FIG with PYPL/DUOL as "turnaround plays" others over-allocate to, and mocks software-bro recoveries while favoring AI/memory names instead.
His thesis
FIG is treated as a hammered software name with very high gross margins and steady growth, attractive after the software-sector selloff. He sees AI as not yet truly disruptive to Figma (mainly auto-porting designs to code), citing a human element in design AI can't replicate. But it's consistently a second-tier idea: a "Buy" rather than "Strong Buy," a 7/10 (his lowest software pick), and later framed as the kind of contrarian turnaround others over-allocate to while he prefers profitable hyper-growth memory/AI names.
How his view evolved
Started as a mild "Buy"-tier software swing-trade idea, then cooled: lumped with weaker turnaround plays he avoids, rated only 7/10, and finally cited dismissively while championing AI names instead.
Key points
- Always appears in lists/comparisons, never as a held position
- Second-tier rating (Buy, 7/10), not a top conviction idea
- Later distances himself, favoring AI/memory over software turnarounds
Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $FIG on X ↗