Finally, my first Quarterly List is out! Narratives to Multibaggers: The Quarterly Winners List Q2/2025 81% of this past year's biggest winners fell into 11 narratives: open.substack.com/pub/profsmolca…

AI data center buildout created more opportunities than NVDA and VRT. Many of these unglamorous small caps didn't start the rip until mid/late 2024, and it was not too late to buy them after NVDA has 5X-ed. Normalized price charts of four AI picks-and-shoves stock ( $ALMU,

N2M's Multibaggers in Rearview: $SOUN up 149% 24-25: Voice AI market exploding (going from $3B to $50B by 2030) and this underdog is actually winning customers. P/E of 6 for 151% growth? Sure, if you ignore Google/Amazon lurking. Speculation with a pulse.

The 2nd Winning Narrative: The Electricity Infrastructure Boom The 12 energy infrastructure winners (Price% 2024.05 2025.05): $PSIX +948%, $EOSE +247%, $SEI +238%, $GEV +203%, $AGX +200%, $FTK +198%, $LB +192%, $TLN +168%, $GEVO +130%, $VST +127%, $WLDN +116%, $NRG +109%

Rare earth has been hitting headlines recently, and one stock has multiplied in price in just three months. In my substack post, I tell the story about this poster child of American rare-earth independence and its ironically Chinese root. Enjoy the read: open.substack.com/pub/profsmolca…

The storied past of $MP, in pictures (Part 1/3):

The storied past of $MP, in pictures (Part 2/3):

The storied past of $MP, in pictures (Part 3/3):