In short: His example of what picking up the AI-power trend actually pays: "I bought Babcock and Wilcox, the prefs which basically doubled. The stock was up 40%" — used to make the K-shape point that market participants capture the AI boom while the average person does not.
Babcock & Wilcox builds power-generation equipment — a direct beneficiary of data centers needing enormous amounts of electricity. Singh bought the preferred shares (a higher-ranking, dividend-paying class that behaves more like a bond) as well as the common. The preferreds roughly doubled and the stock rose 40%.
He raises it to make a social point rather than a pitch: people who follow markets closely can convert a visible trend into money, while the average household simply absorbs the higher power and water bills the same trend creates.
33:29And you have people like me that are smart enough to pick up trends. I bought Babcock and Wilcox, the prefs which basically doubled. The stock was up 40%. And people who follow the market, we can make money on these types of things, but the average person is not trading the market or benefiting from AI.
In short: The week's biggest winner, half realized: "we were very fortunate with Babcock and Wilcox, crushing estimates. It was up 40% in the pre-market where we trimmed half of the position. It's in the alerts tab and the educational discord." Shares jumped 41.64%; revenue $319.7M (+130% y/y), net income $14M against a −$60M loss a year earlier, FY26 adjusted-EBITDA target raised to $80-105M, a $50M buyback announced, bookings +38% to $151M, and the headline number — backlog +533% to $2.6B with a global pipeline above $14B, "which is massive." CEO Kenneth Young credits AI, utility and industrial demand for power generation; the company also secured another 1 GW of steam turbines from Siemens Energy for anticipated data-center projects. Deck page 15.
Babcock & Wilcox builds the equipment that turns heat into electricity — boilers, steam turbines, emissions systems for power plants. That was a dying business for a decade. Then data centres started needing gigawatts of firm power, and the order book exploded: the backlog of signed-but-unbuilt work jumped 533% in a year to $2.6 billion, and management says the pipeline of opportunities it is bidding on exceeds $14 billion.
The quarter that triggered the move: revenue up 130%, a $14 million profit against a $60 million loss a year earlier, a raised full-year profit target and a $50 million buyback. The stock opened 40% higher.
Singh's action is the part worth copying rather than the pick itself. He sold half the position into the pre-market gap and kept the rest — taking the windfall off the table while staying exposed to a backlog that will take years to convert into earnings. He is not calling a top; he is refusing to let a small speculative position become a large one because of one print.
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