So here’s the thing about really rich people – they’re terrible at keeping secrets when it comes to where they’re putting their money. Case in point: JPMorgan just hired Todd Combs (yes, Warren Buffett’s former golden boy) to manage a cool $10 billion fund. And they basically handed us their entire shopping list.
Think of it as the world’s most expensive treasure map, except instead of “X marks the spot,” it’s more like “defense contractors mark the spot.”
The Big Six Sectors (Or: Where the Smart Money Goes to Party)
JPMorgan isn’t being subtle about their targets. They want defense, aerospace, healthcare, energy, critical minerals, and frontier tech. Basically, everything you need to run a country that doesn’t want to depend on anyone else for the important stuff.
For the lazy investor (no judgment here), you can just buy ETFs and call it a day. Want defense exposure? Grab some ITA or XAR. Healthcare? VHT has you covered. Energy? VDE is your friend. It’s like investing with training wheels, but sometimes training wheels are exactly what you need.
But Wait, There’s More (And It Gets Interesting)
The real action is in the individual stocks. Take defense – we’re talking about companies like Lockheed Martin and Northrop Grumman. These aren’t sexy startups; they’re the companies that build the satellites and missiles that keep governments happy. Multi-decade contracts, predictable revenue, and the kind of moat that would make Warren Buffett weep with joy.
Healthcare is where things get spicy. While everyone’s obsessing over AI valuations that make your mortgage look reasonable, healthcare stocks are sitting in the corner like the unpopular kid at prom. Royalty Pharma (RPRX) is basically the Netflix of drug royalties – they buy the rights to blockbuster drugs without the headache of actually developing them. It’s like being a landlord, but for life-saving medications.
The Uranium Plot Twist
Here’s where it gets fun: AI has an energy problem. Those ChatGPT responses don’t power themselves, and tech giants are quietly turning to nuclear power. Suddenly, uranium isn’t just for comic book villains anymore – it’s the fuel for our AI-powered future.
Companies like Uranium Royalty Corp (UROY) are positioning themselves as the picks-and-shovels play for the AI gold rush. Because while everyone’s fighting over who builds the best AI model, someone still needs to keep the lights on.
The Robot Revolution (Finally)
Remember when humanoid robots were just science fiction? Well, Figure AI’s robots are now working 10-hour shifts at BMW factories, and 1X is taking pre-orders for home robots at $20,000 a pop. We’re not quite at “Rosie the Robot” levels yet, but we’re getting there.
This creates opportunities in everything from rare earth minerals (MP Materials) to copper mining (Freeport-McMoRan). Because robots, like teenagers, consume everything in sight.
The Bottom Line
When someone with $10 billion shows you their homework, it’s probably worth a peek. JPMorgan and Combs aren’t gambling – they’re betting on the infrastructure that will define the next decade. Whether you follow their lead with broad ETFs or dig into specific stocks, the roadmap is right there.
Just remember: even the smartest money can be wrong. But when it’s this much money, it’s usually worth paying attention.