Josh Brown

speaker
8,054 appearances 21 recordings 2 series first heard Feb 2026 last heard 7 Aug

Josh Brown’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
6 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 21 in all, peaking in Jul 2026 with 6.

Appearances

newest first · ▶ plays the moment
The market is telling you something very clear, very obviously.
It doesn't believe it.
Not that the next 12-month earnings, because it might be trading at six times 2027 earnings, but what if it's trading at 30 times 2028 earnings?
And that's what Bernstein is predicting.
Next chart.
Check this out.
So Sean Emery tweeted, Bernstein has earnings in memory going parabolic.
Wow, look at this chart.
And then collapsing.
So this is the first time I've seen something like this.
We're looking at Samsung, SK Hynix, and Micron.
And this is what the market believes to be happening because there's no other way a company that's tripling its revenue year over year would be trading at five times forward earnings.
It doesn't make sense until you look at this.
Well, Patrick asked Sam Altman, what could change the shortage of memory?
And one of the things that Sam said was maybe the models just get more efficient and just figure out how to use it better.
Is that what happened?
I don't know if that's what moved the market.
I'm not sure.
When was this?
Was this yesterday?
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