Monetary Matters with Jack Farley Citrini’s 26 Trades for 2026 | Citrini on BS Jobs, AI Materials, Advanced Packaging, World Cup, & More
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Dec 31, 2025 An investor shares his thematic watchlist for 2026, focusing on the evolution of AI in bureaucracy to streamline operations and boost profit margins. Key topics include advanced packaging as a bottleneck in custom silicon and the critical commodity landscape, particularly for copper and natural gas. The discussion also covers capital discipline in cyclical sectors post-pandemic, offering insights into robotics applications and short-term trading opportunities around the World Cup. Deep dives into specific companies and market strategies provide a wealth of insightful analysis.
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Bureaucracy Is The Next AI Profit Frontier
- AI can rapidly replace undifferentiated, bureaucratic labor that large firms still pay humans to do.
- Companies that cut such roles with AI can radically improve SG&A margins and re-rate higher.
Screen For Bureaucracy Alpha
- Screen for companies with high SG&A as a percent of sales and low net income per employee.
- Then filter for firms talking about AI or already cutting headcount to find margin optionality.
Packaging Is The New Moore's Law
- Advanced packaging (chiplets + interconnect) is the new bottleneck after transistor scaling slowed.
- Firms that enable packaging and bonding capture additive demand regardless of which accelerator wins.
