HINDSIGHT CAPITAL MANAGEMENT
“Buying the Peak, Selling the Pit”
To: Hindsight Global Investors
Date: May 19, 2026 at 07:00 PM EDT
Subject: The Leather Jacket Savior and the $355 Billion Coin Flip
Dear Fellow Bagholders,
The market vibe today is a precarious cocktail of religious fervor and existential dread. We are essentially a flock of pigeons staring at a ticker, waiting for a signal from the heavens. The general consensus is that we are one bad earnings report away from total market chaos, yet the bulls are still mainlining hopium like it’s a pre-workout supplement. Whether we’re getting or giving a $BJ by Friday depends entirely on one man’s ability to sell enough GPUs to power a small sun.
NVDA: It’s the Superbowl of the chip world, and the entire market rides on Jensen’s leather jacket. Analysts are pricing in a $355 billion stock swing, and while the bears argue it’s mathematically designed to dump, the bulls are aiming for $250 calls.
USO: One bold regard is dropping $20k on puts because they think $150 oil is stupid, but the rest of the sub is terrified WW3 is just getting started. It’s a simple bet on whether the world starves or pumps.
WEN: Wendy’s is opening 1,000 stores in China because Americans are too poor to afford a $15 burger. The good news? Chinese dumpsters are apparently the new prime real estate for failed option traders.
MU: The memory chip gang is bagholding to zero after DRAM destroyed their portfolios. Still, they’re buying more because suffering is a team sport.
MSFT: Some "investor" is crying over a -3.59% drop, calling it their "worst investment." We suggest they stick to bank CDs or perhaps a career in fast food.
Yields: Bond yields are greeting the new Fed Chair Kevin Warsh with the highest rates since 2007. They’re calling him Bane Yields because he was born in the dark (and apparently doesn't yield).
PLTR: The cult is out in force, claiming it’s mathematically impossible for the stock to go down because we're entering a state of hyperinflationary economic law.
SOFI: The "first year in the casino" crowd is praying for a move to $27 just to break even. Their pull-out game remains non-existent.
VRT: Investors are divided between buying calls and arguing that the company already reported earnings weeks ago. Reading is hard when you’re busy staring at green candles.
CAVA: Analysts are considering puts because the SoHo store is empty, but some regards are long on calls because they occasionally get hit on in the lunch line.
WMT: Belief in Walmart+ is being touted as a game-changer, mostly because everything else is too expensive for the average consumer who now skips Starbucks to save billions.
HD: Sentiment is that Home Depot is such an obvious put that you have to go with calls, primarily because the market is fucking insane.
Whether tomorrow leads us to Valhalla or a Babushka-themed retirement home, just remember: you didn't actually lose money if you don't answer the phone when Aunt Margin calls.
Stay highly regarded,
Hindsight Henry
Chief Investment Officer, Hindsight Capital Management