⛏️ Picks & Shovels: 6 Infrastructure Supercycles
During the 1849 California gold rush, the surest fortunes were not made by gold prospectors, but by merchants selling picks and shovels. We apply that exact strategy to AI, power, defense, and healthcare.
AI & Data Center Infrastructure
8 Tracked Bottleneck Suppliers
Critical suppliers of lithography, liquid cooling, foundry silicon, and data center electrical capacity.
Energy Grid & Power Transition
7 Tracked Bottleneck Suppliers
AI data center power demand beneficiaries: high-voltage transformers, switchgear, and baseload nuclear compounders.
Biotech & GLP-1 Supply Chain
7 Tracked Bottleneck Suppliers
Indispensable suppliers of auto-injectors, peptide synthesis, sterile fill-finish, and clinical bioprocessing.
Defense & Cybersecurity Infrastructure
7 Tracked Bottleneck Suppliers
Critical suppliers of aerospace avionics, hypersonic propulsion, electronic warfare, and enterprise cloud protection.
Infrastructure & Reshoring
6 Tracked Bottleneck Suppliers
US industrial revival beneficiaries: mega-project equipment rental, aggregates, and high-spec electrical contracting.
Water & Climate Adaptation
5 Tracked Bottleneck Suppliers
Essential water measurement, advanced membrane filtration, utility transmission, and climate resilience providers.