Building Wealth $100 at a time | Episode 20

Added: 2026-05-19

[00:00:00]All right, everyone, and welcome back to the Ingot Invest channel into another episode of building wealth $100 at a time. If you guys haven't seen these episodes before, the goal of these episodes is to just show you guys how I invest literally the name of the episode, $100 a week. I'm kind of giving you my thoughts on what I'm buying, how I'm buying, maybe any news related to the companies I own and then what it means for the companies.

[00:00:22]What we like to do first is go ahead and obviously hop into the portfolio itself and then go ahead and go into you know holdings, position sizing, if I'm buying and selling, and any news for the week. So, we'll go ahead and hop into the portfolio. As you guys can see year to date, we are up 19.74%, but if you look at the S&P 500 to the spy, we take a look at year to date here, only up 7% and if we look at the Nasdaq the QQQ, it is only up 13%. So, we're outperforming the spy by over 2x, almost 3x, and outperforming the Nasdaq by almost 2x. So, we're crushing it here.

[00:01:00]As you guys can see here on the right, the biggest winner is clearly Nabius up almost 100% from our average, not even from when we first bought it but from our average. You can see here our average is basically $100.

[00:01:13]Um Data is now finally in the green. We'll talk about that here in a moment. And a bunch of the other names are green.

[00:01:18]Really the only ones we have red is Ibit, which is essentially I mean it's flat. I mean down 0.2% is not really down.

[00:01:24]Pagaya is down 10% and then Meta is down almost 4% from our positions. So, we're green on seven of the nine positions and really green in about three of them.

[00:01:33]The other two are essentially kind of up just a little bit. But that's the portfolio doing well and crushing there.

[00:01:38]Here is just the holdings and the as a percentage. So, you guys can see here Nabius is obviously still number one. We then have Zeta sitting here at around 21%, Amazon 12, Nvidia 11, Meta 10, Hood at 6.6. So, we're moving as you guys if you guys remember before, we're moving up this little position. It was under a Um, I want to get this to around 10, maybe even 15. Apple oven, I'd like to keep it around a five to 10. Pagaya and I bid, these are just names I like to hold. Pagaya is super undervalued. Um, but with rate cuts, it might be affected. And then I bid just it just tracks Bitcoin. Um, as I wanted some Bitcoin exposure and some things going on there.

[00:02:14]Now, obviously the big news of the week, um, as this is all bad last week, um, if you guys don't remember, if you guys were obviously if you guys watch the channel, we had Nebby's earnings and so I'm not going to spend a crazy amount of time going over earnings. I already posted my recap video. But we'll go ahead and talk about it a little bit for people that kind of missed it. Um, so we have crazy good earnings here. So we look here, 399% growth or $399 million of revenue, 684% growth year-over-year. Um, I believe the analyst estimates was like 383 or 385.

[00:02:46]So they beat it by around, you know, 3%, 4%. Um, adjusted EBITDA was positive 129 million versus 53 million negative the previous year.

[00:02:55]Crazy growth year-over-year.

[00:02:57]Um, net income was positive. Now, keep in mind, the only reason they had net income was because of deferred revenue and that means, you know, the prepayment from customers. They kind of, you know, that's that or sorry, net income. That's the reason they have positive net income, okay? So don't think that they're going to be some profitable company for the next 10 years. Um, they will be in the future, but they're not going to be in a couple years. These are just prepayments. Um, and I believe this is actually maybe even a write-down from the Cookhouse stake is actually what it came from. So again, it's a one-off moment. It's not something that's going to be happening consistently.

[00:03:27]We can see here, this is something really important, guys, is when you talk about operational leverage, as a company continues to grow and expand and spend a crap load on CapEx, how their operating as a company when it comes to expenses is super important.

[00:03:40]And so you can see here, as a percentage of revenues, everything is down into the right, which is great. You know, instead of being 49% for the cost of revenues, now it's 26%. Instead of product development being 72% of revenues, now it's 17%. And you can see here the list goes on. Literally every single metric is down as a percentage of revenue, which is a super important for company that's trying to grow. It shows that they have the operational leverage and that means they're growing to actually become more profitable. It's not just growing and then spending more and growing and spending more. It's as a percentage it's going down, which is the exactly what you need to see in a company like this.

[00:04:12]Um Now in terms of just the press release, the big kind of piece pieces here was they're now moving to 4 gigawatts of contracted power by the end of 2026 or year in 26, so March of next year.

[00:04:25]Um now or sorry, December next year. The reason for that is because they actually got a Pennsylvania site. Um what they said in the earnings call was it's be the first tranche to 300 megawatts will be done by end of 2027 and they'll be doing 300 megawatts for the next 4 years and up until 2030. Um there's 1.2 gigawatt factory. Um Can't remember. I don't know if it's a colocation or if it's their own.

[00:04:48]Uh I really should know that to be honest, but I think it was a colocation.

[00:04:53]Um Anyway, that was one of the big pieces.

[00:04:56]Another big piece I think was really awesome was the the record pipeline generation is up 3.5x quarter-over-quarter in Q1. And now that exceed or that excluded Meta and Microsoft, meaning all other companies grew 3.5x quarter-over-quarter, which is amazing. Um I made a post about this, but what that means is as a company goes down market, as they scale down market, it becomes more profitable for Nebius.

[00:05:18]Why? Well, Meta, Microsoft, all those other hyperscalers have their own software. They have Kubernetes. They have their orchestration layer. They know how to They have all the software they need. As you go down market, they need more and more offerings that Nebius offers and that is direct I mean not direct profit, but way better profit margins on the SaaS and the software side, right?

[00:05:38]And so as they go down market from the massive hyperscalers to like the Fortune 100 to the Fortune 500 to then like the Fortune 2000 and mid-caps and maybe even get down to SMB, like an AWS does.

[00:05:49]That is becomes much more profitable because those lower companies, smaller companies, are going to need a lot more of the SaaS offerings that NBS has. Um and that's what's really important, right? And so that's a really cool thing to see quarter over quarter. Um again, couple new sites were all kind of also announced here as well as as I mentioned that Pennsylvania one is here. Um Minnesota was one we haven't seen before. Um Spain we kind of figured out um because we're a bunch of nerds um looking at the um job listings.

[00:06:18]But yeah, Minnesota is a one of the new ones, Pennsylvania's one of the new ones. Um and then I believe yeah, this is everything here.

[00:06:27]Um but yeah, growing like crazy. Again, they kept their same ARR and revenue guide for the year, which is perfectly fine. Like I said in one of the, you know, previous episodes, I didn't expect them to increase their guide for this quarter. They might in Q2 or Q3, and especially Q3 in my opinion.

[00:06:44]But I think they're being conservative, which I think is a smart way to go.

[00:06:46]They also ended with 9.3 billion cash.

[00:06:48]Again, a lot of that's from prepayment and convertible notes and a few other things they did.

[00:06:52]They also had on track to achieve that 40% adjusted EBITDA in 2026.

[00:06:57]Um they also said the Vineland, New Jersey site is perfectly fine. Um couple key commentary things were also talking about I think the Meta deal, so that 15 billion and 12 billion, that 15 billion is guaranteed. Or is that 12 billion, I might have got it reversed, but that 12 billion is the option to have Meta pay for it, but they also can sell that compute to other companies. What that means is they can basically get the best price they want for that extra 12 billion, which is great. They also said something crazy was that in the first half of 2027, they're going to do all of their ARR of 2026.

[00:07:31]Did you hear that right?

[00:07:32]That means in the first half of 2027, they're going to be doing between 7 to 9 billion of ARR.

[00:07:38]Which I don't even want want to know what the second half's going to be like for 2027. But that I think we're now seeing you know, in my opinion, a higher possibility of almost 20 billion of ARR by the end of 2027. Which is just it's just bonkers to me.

[00:07:53]Um I still think the company is so undervalued.

[00:07:57]But, yeah, that is Nebius. That's a big thing that happened there.

[00:08:00]Um great earnings. I was a great conference call and everything was really a great earnings call.

[00:08:05]Company's just crushing in all metrics and I'm I'm loving what they're doing here.

[00:08:09]Now, really in terms of news, there wasn't much else this week. There is a new announcement that just happened, I think quite literally right before I recorded this call.

[00:08:17]Um Zeta and OpenAR OpenAR Open AI are partnering to run advertising. So, again, I don't we don't know much of the details.

[00:08:27]Basically, David Steinberg was on a JPM one of those like JPM like side calls or what are they I forget what they call them, but kind of where they invite a bunch of CEOs to kind of just talk in a panel. Um he mentioned they're partnering with Open Ad to run advertising.

[00:08:39]We'll see what that means. I know Open AI's goal has been to advertise within like the chatbot interface. And so, they'll be working with Open AI to um kind of construct that and help them build that out, which is amazing. Um super great news from Zeta.

[00:08:53]But, yeah, that's really everything in terms of just news for, you know, the companies themselves. Most of the earnings were previous weeks if you guys watch those episodes.

[00:09:00]Um something else to call out too, and the reason I love doing this is I wanted to kind of highlight really why I think, you know, the reason I'm doing this A and B just to also show you guys just how simple it is to become wealthy, right? So, even with just $2,000, so that's what we're at right now. So, if you guys look here, um now, I'm not including this week we're at 2,100, but 2,000 based on the time of what I like to make these episodes.

[00:09:23]Regardless, um you start with the principal $2,000.

[00:09:26]If you only invest $100 a week, so over the course of 52 weeks is $450 a month.

[00:09:31]Um or that might not be right, but 450 to 425 to $450 a month. Um let's say we invest for just 25 years and we do or get the return that we have right now. And the return we have for year-to-date is 20.27%. So let's actually just make it exact.

[00:09:50]20.27% We calculate. And in 25 years we'll have 2.8 million dollars.

[00:09:59]2.8 million dollars.

[00:10:01]Um which is insane. Now, again, this return is really good. Who knows if it'll keep up. Let's say we average it down to 15.

[00:10:09]You're still at 1.2 million.

[00:10:11]Let's say instead of 450, let's say you get a good job. You've skilled up. You now make more money. Let's say it's a thousand dollars.

[00:10:18]It's 2.6 million. So again, the goal here is just to show you that guys, it's not as hard as you think.

[00:10:23]Okay? I know you know, for me the reason I like to make these episodes is that when I first started investing it was sort of I don't I don't want to say the word embarrassing, but it just felt like oh, I can't keep up because you see the Jeremy's, you see other people who are saying they bought 5,000 shares or something or they invested 15 grand in something and you're like, I don't even have 500 dollars to my name. How can I invest 15 grand? And so you feel like you're behind, you feel like you can't keep up, you feel like you're not going to get there.

[00:10:46]But the power of compound compound interest is is crazy, right? I mean, you guys saw 25 years. Um so if you're starting at 20, by 45 you get a 3 million dollars. If you're 50, by 75 you get a 3 million dollars. You know, the goal is just to show you it does just take 100 dollars a week. That's why I like making these episodes. Um also, be to challenge myself a little bit too to see if I can out compete the market. Um so far, year-to-date we're doing well.

[00:11:09]The past five or six months. Um but yeah, again, also I really appreciate the support from everyone. I know I kind of took a little bit of a break. Um I was actually out traveling and kind of in between jobs, so that's kind of why I took a little bit of a break here. Um and also guys, look at this. Navios or Zeta is crushing. Um up almost 12% today. You can see here.

[00:11:29]Almost at 20 bucks. Um but yeah, again, I really appreciate you guys' support and watching me and following along. If you guys have anything else you want me to cover, you know, in these episodes or anything that would be of importance, that'd be great. And I'll catch you guys on the next one.