$NOK

Does he own it?

No first-person buying/holding/sizing language for NOK anywhere. Appears only inside supply-chain lists and as a customer/validator of his actual small-cap picks. In his June 9 list that includes NOK he explicitly discloses financial interest only in NBIS/TSEM/AAOI, deliberately excluding NOK. He frames NOK as a large "play it safe" name, not a holding.

His thesis

NOK is treated as one of the established large-cap incumbents in coherent DCI/DCO and silicon-photonics networking, and as a credibility-lending validator/qualifier of the small caps he actually owns (notably SIVE and XFAB, which he repeatedly cites NOK as evaluating or being a likely customer of). He views it positively as safe, broad AI/photonics exposure, but consistently steers toward smaller names for outsized returns rather than NOK itself.

How his view evolved

Static throughout. NOK recurs only as a list entry and as a supply-chain validator for his real picks. By the final tweet he explicitly excludes NOK from the names he holds, confirming it is coverage/context, not a position.

Key points

• Mentioned only within supply-chain/CPO landscape lists, never as a position
• Explicit disclosure naming his holdings excludes NOK
• Cited mainly as a customer/validator of his actual small-cap longs (SIVE, XFAB)

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