I've started buying ANET around this level.

One thing I've learned over the years is that when you're investing in a major trend like AI, it's worth looking beyond the companies making the headlines.

Everyone talks about NVDA because they build the GPUs. But once those GPUs are installed, someone has to connect tens of thousands of them so they can work together efficiently. That's where Arista Networks comes in.

To me, Arista is one of the critical pieces of AI infrastructure.

As I've mentioned in my previous ideas, I'm building a long-term portfolio around robotics and automation. I believe companies like Arista deserve a place in that portfolio because robots, AI clusters, and autonomous systems all depend on fast, reliable communication. Without that network, none of these systems can perform at scale.

If I had to describe Arista in one sentence, it would be this:

Arista builds the nervous system of AI data centers.

Could this pull back from here? Absolutely.

The FOMC meeting is just around the corner, and the market will be paying close attention to the tone of the new Fed Chair. If the market reacts negatively, I wouldn't be surprised to see another pullback.

But that doesn't change my thesis.

I'll continue adding to my position as long as it stays within my planned risk. I'm not trying to pick the exact bottom. I'm simply accumulating a business I believe will play an important role in the next decade of AI.

Like I always said, just manage your risk on this one.