HINDSIGHT CAPITAL MANAGEMENT
“We buy the rumor, sell the news, and then blame the Fed.”

To: Hindsight Global Investors
Date: June 24, 2026 at 07:00 PM EDT
Subject: Memory Lane, Frosty Dreams, and One Guy Who Conference-Called the Suicide Hotline

My fellow exit-liquidity providers,

The market just got its weekly dopamine hit courtesy of a memory-chip behemoth, and the sub has already moved on to trying to save a fast-food chain from the dumpster fire it actually belongs in. Here’s what the degenerates are screaming into the void.

[MU]: The sub treated Micron earnings as the “real Superbowl,” claiming a double beat of $41B vs $35B estimates and gross margins of 84.9%, though external reports show actual revenue around $4.63B. Guidance of $49B–$51B for Q4 supposedly crushed the $43.24B consensus, and the company declared a dividend while flagging DRAM/NAND tightness “beyond calendar 2027.” The 9% pop had one regard conference-calling the suicide hotline alongside the Lambo dealership, while another pledged an MU tattoo if it opens above $1,250.

[WEN]: A 19k-upvote “Save Wendy’s” post revealed 37% short interest, triggering a 25%+ surge that halted trading and got CNBC branding it a meme stock. The thesis mixes short squeeze with a “value” play—new Potbelly alumni, a 7% dividend, and Nelson Peltz buyout rumors—and one degens dropped $350k at $8.58 . The full DD even argues these are value investors now.

[MSFT]: Microsoft holders are trapped near a 52-week low , down 30% from ATH , as the AI trade bypasses them entirely. One commenter summed it up: “I love how MSFT is making everyone holding semis rich, except my fellows holding MSFT.”

[QQQ]: Since MU is the third-largest holding in QQQ, the whole index gets a free ride from the memory crunch—but one trader warned that if the strait closes again, MU repumps; if near ATHs, it dumps. Either way, expect the Nasdaq to follow the chip play until further notice.

["I'm official done done"]: A trader admitted to a gambling problem after losing his gains and then some, ending with $133.91 in his account. The top comment? “You still have $134 wtf you aren’t done. Get back out there.” This sub is nothing if not consistent in its degeneracy.

["Always go full regard"]: The classic WSB spirit lives on in a meme about buying at $7.85 and selling at $7.86, yet still feeling like a genius. With Wendy’s, the community is re-enacting the GME playbook complete with rocket emojis and talk of Wendy’s Tendies with moon sauce.

The market is a game of musical chairs, and the music is currently a remix of “All I Do Is Win” and a frosty blender. Enjoy the pump while it lasts—tomorrow’s rug pull is already being seasoned.

Stay solvent (somehow),

Hindsight Henry
Chief Investment Officer, Hindsight Capital Management