Wall Street Wildlife Investing Podcast

200 million eczema sufferers. A leading drug that fails more than half of them. A cancer-causing alternative that still projects $5 billion in sales. And a tiny 60-person San Francisco biotech that may have cracked the code — with a Nobel Prize-validated mechanism the market is somehow pricing at near-zero. This week, Krzysztof goes full deep-dive on Nectar Therapeutics ($NKTR), while Luke — self-confessed biotech skeptic — has the options chain open and his wallet ready.📊 Why the world's most common skin disease has NO good cure yet — and why that $50B market opportunity is hiding in plain sight💊 The cancer-warning drug that still projects $3–5B in revenue: what that tells you about how desperate patients really are🎓 Res-peg explained without the jargon: the Nobel Prize-backed immune reset mechanism that makes $NKTR different from every other AD drug on the market💀 The 33% single-day crash that Monkey calls 'borderline irrational' — and why buying that dip may have been one of the most logical trades of the year🎯 Bull, base, and bear: a $240–$320 price target vs. today's ~$82 — and the position sizing rules that keep this from becoming a gamble🧠 Why the market can't walk and chew gum: how $NKTR's alopecia data confusion is creating a 'free call option' that most investors are completely missing🌐 The imminent April catalyst that could reprice this stock overnight — and why Monkey says a negative surprise would be the real shockSources:Adam May (biotech investor): https://x.com/A_May_MDSegments:00:00:00 The Disease Affecting 200 Million People With No Real Cure00:05:00 What Is Atopic Dermatitis (Eczema) — And Why It's a $50B Market00:10:00 Why the Best Drug on the Market Only Works for Half of Patients00:15:00 The Cancer-Warning Drug Still Projecting $5B in Sales00:20:00 $NKTR's Res-Peg: The Nobel Prize-Backed Mechanism Explained00:27:00 The Phase 2 Data That Sent $NKTR From $6 to $8000:33:00 The Alopecia Trial Disaster — And Why Monkey Says the Market Overreacted00:43:00 Valuation Deep Dive: Is $NKTR Worth 4x From Here?00:48:00 Upcoming Catalysts: What to Watch in April 2025 and Beyond00:54:00 Position Sizing in Biotech — How Much Is Too Much?01:01:00 Options Strategy for $NKTR: Calls vs. Shares vs. Selling Puts
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If you want to see our furry faces, this podcast is also available on YouTube at ⁠youtube.com/@WallStreetWildlife?sub_confirmation=1⁠
**********
SUPPORT THE SHOW AND BECOME A PATREON:
wallstreetwildlife.com
**********
Follow us at:
⁠⁠x.com/7LukeHallard
⁠x.com/7FlyingPlatypus
**********
Fiscal.AI is the Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, Fiscal AI is incredibly powerful and easy to use.
Get 15% off any premium plan with:
fiscal.ai/wildlife
**********
Monkey’s “Zen, Nietzsche, How to Live” Substack:
firephilosophy.substack.com
**********
To use the same portfolio tracking tool as Luke, check-out:
portseido.com/?fpr=lukehallard
**********
Disclosure: Wall Street Wildlife hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation
**********
Fed up with the stock market giving you a hard time?
- Invest like seasoned pros with over 40 years in the game
- Discover the world's leading companies
- Sharpen your best investing practices and ditch the worst
- Learn how to start investing
- Essential investing principles to boost your returns

Keywords:
$NKTR, Nectar Therapeutics, atopic dermatitis, eczema investing, biotech stock 2025, res-peg, alopecia treatment, biotech options strategy, small cap biotech, phase 2 clinical trial, biotech position sizing, $KYMR, Dupixent competitor, JAK inhibitors, T regulatory cells, biotech catalyst, Wall Street Wildlife, undervalued biotech, options implied volatility, Kelly Criterion biotech, free call option, clinical trial design, immune system investing, rezpegaldesleukin

The AI arms race is here, and it's shaking up the cybersecurity landscape. Is it time to panic, or is this a buying opportunity? We dive deep into the AI doomsday fears and how it could impact our portfolios.

Plus:
🧠 Axon's stock-based comp problem: a great company, TERRIBLE stock? $AXON
📊 Wise's Nasdaq listing is imminent: what does it mean for investors? $WISE $WIZEY
💊 Krzysztof's selling Coherus for a NEW biotech play: $CHRS $NKTR $ABCL

Segments:
00:00:00 Cold Open
00:01:47 Subscriber Growth Slowdown: Are We Boring?
00:03:57 Mama Monkey's Patreon Offer
00:05:51 Claude Mythos & Cybersecurity Apocalypse?
00:11:06 Is AI a Tailwind or Headwind for Cybersecurity Stocks?
00:11:46 $CRWD CrowdStrike: Time to Buy?
00:22:26 $NKTR Nectar Therapeutics: Krzysztof's New Biotech Pick
00:28:05 $AXON Axon Enterprise: Great Company, Terrible Stock?
00:30:52 Stock-Based Compensation Explained
00:42:37 $WISE Wise PLC: Nasdaq Listing Incoming!
00:45:19 Investor's Mirror App Update
00:50:54 Closing
**********
If you want to see our furry faces, this podcast is also available on YouTube at ⁠youtube.com/@WallStreetWildlife?sub_confirmation=1⁠
**********
SUPPORT THE SHOW AND BECOME A PATREON:
wallstreetwildlife.com
**********
Follow us at:
⁠⁠x.com/7LukeHallard
⁠x.com/7FlyingPlatypus
**********
Fiscal.AI is the Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, Fiscal AI is incredibly powerful and easy to use.
Get 15% off any premium plan with:
fiscal.ai/wildlife
**********
Monkey’s “Zen, Nietzsche, How to Live” Substack:
firephilosophy.substack.com
**********
To use the same portfolio tracking tool as Luke, check-out:
portseido.com/?fpr=lukehallard
**********
Disclosure: Wall Street Wildlife hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation
**********
Fed up with the stock market giving you a hard time?
- Invest like seasoned pros with over 40 years in the game
- Discover the world's leading companies
- Sharpen your best investing practices and ditch the worst
- Learn how to start investing
- Essential investing principles to boost your returns

Keywords:
artificial intelligence, cybersecurity, $CRWD, CrowdStrike, $PANW, Palo Alto Networks, $WISE, Wise PLC, fintech, stock-based compensation, investing psychology, portfolio allocation, biotech, $NKTR, Nectar Therapeutics, value investing, growth investing, investor's mirror, fiscal ai, $ABCL

Are hidden emotions sabotaging your investing returns? This week, Badger and Monkey dissect the subtle ways 'tilt' impacts portfolios, drawing lessons from Vegas, poker, and real-life market turmoil. Are YOU making these mistakes without realizing it?

💀 Are your losses secretly driving your investment decisions? We expose the hidden dangers of revenge trading.
🎰 Vegas isn't just about luck. Discover the surprising parallels between poker, investing, and crafting your own odds.
🧠 Is your 'investor self' different from your REAL self? We explore the psychology behind knowing what to do vs. actually doing it (try our 'Investor's Mirror' app)
📊 Are you tuning out during market downturns? Learn why now is the time to sharpen your skills and find big alpha.
🌴 From Vegas to Warsaw? We reveal our plans for a European WSW Beastie meetup in 2027!
🌐 Should you invest outside the US? We debate the pros and cons of international diversification.
🤖 The future of shopping is HERE. We discuss Amazon's robotaxis, automated warehouses, and the evolution of retail.

Sources:
The Investor's Mirror (iOS App): https://apps.apple.com/us/app/investors-mirror/id6760048070
ADRs article: https://7investing.com/article/how-to-invest-internationally-using-american-depositary-receipts-alternative-title-the-abcs-of-adrs/

Segments:
00:00:00 Intro: Vegas Recap & Investor Tilt
00:03:27 The Vegas Glow-Up: IRL vs. Digital
00:06:45 Krzysztof's Near-Tilt Experience
00:11:55 Tilt in Poker vs. Investing
00:14:05 The Subtle Tilt Investors Don't See
00:17:51 Carving Out Your Safe Space (Even in Vegas)
00:23:14 The King of the Jungle Poker Challenge
00:31:46 Practicing Fear: Lessons from Poker
00:32:17 Vegas Tech Tour: Amazon & The Boring Company
00:39:13 Zoox Robo Taxi: The Future of Transportation
00:42:06 The Sphere: Gimmick or Game-Changer? $SPHR
00:46:26 Absinthe: A Night to Remember
00:48:16 WSW Does Warsaw: Summer 2027?
00:50:52 Introducing the Investor's Mirror App
01:02:02 Investing Outside the US: Opportunities & Risks

**********
SUPPORT THE SHOW AND BECOME A PATREON:
wallstreetwildlife.com
**********
Follow us at:
⁠⁠x.com/7LukeHallard
⁠x.com/7FlyingPlatypus
**********
Fiscal.AI is the Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, Fiscal AI is incredibly powerful and easy to use.
Get 15% off any premium plan with:
fiscal.ai/wildlife
**********
Monkey’s “Zen, Nietzsche, How to Live” Substack:
firephilosophy.substack.com
**********
To use the same portfolio tracking tool as Luke, check-out:
portseido.com/?fpr=lukehallard
**********
Disclosure: Wall Street Wildlife hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation
**********
Fed up with the stock market giving you a hard time?

- Invest like seasoned pros with over 40 years in the game
- Discover the world's leading companies
- Sharpen your best investing practices and ditch the worst
- Learn how to start investing
- Essential investing principles to boost your returns

Vegas, baby! We're back from the Vegas Patreon meetup and ready to deal. This week: how poker skills translate to investing success (and failure). Plus, Monkey on the mind-bending challenges that make investing so darn hard. What's at stake? Your portfolio, your sanity, and maybe a little bit of tilt!

🎴 Learn which poker skills can make you a better investor (and which will get you rekt).
🧠 Discover how your brain is *designed* to trick you into making bad investment decisions.
🎯 Position sizing: are you betting too big, or too small? Badger & Monkey debate.
💀 Hear about mistakes both hosts have made — and how YOU can avoid them.
📊 The Kelly Criterion: what it is, and how to use it to optimize your portfolio.
🌴 Why the WSW Patreon is like a "gated community" for smart investors.
🚀 $RKLB: Badger admits he may have been over-allocated. Lessons learned.

Sources:
Investor's Mirror App: https://apps.apple.com/us/app/investors-mirror/id6760048070

Segments:
00:00:00 Intro: Vegas Recap & Episode Overview
00:01:15 Poker & Investing: Surprising Parallels
00:02:47 Chess vs. Poker: Which is More Like Investing?
00:03:54 Good Decisions, Bad Outcomes: The Investor's Dilemma
00:05:15 Position Sizing: Don't Get Wiped Out!
00:06:45 EOS $EURN: When Conviction Goes Wrong
00:07:33 The Kelly Criterion: Optimal Bet Sizing
00:10:59 Pot Odds & Expected Value: Risk vs. Reward
00:12:44 Avoiding "Tilt": Emotional Investing
00:14:26 Knowing When to Fold: Cutting Your Losses
00:15:52 $AAPL Apple: A Mistake Badger Regrets
00:17:53 Staying Invested: The Power of Nuance
00:18:58 Reading the Table: Market Insights
00:20:47 Table Selection: Finding Your Edge
00:23:05 Key Takeaways: Process Over Outcome
00:24:54 Why Investing Is So Hard: Monkey's Perspective
00:39:14 Investor's Mirror App — Know Yourself to Outperform the Market

**********
If you want to see our furry faces, this podcast is also available on YouTube at ⁠https://www.youtube.com/@WallStreetWildlife?sub_confirmation=1⁠
**********
SUPPORT THE SHOW AND BECOME A PATREON:
https://wallstreetwildlife.com
**********
Follow us at:
⁠⁠x.com/7LukeHallard
⁠x.com/7FlyingPlatypus
**********
Fiscal.AI is the Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, Fiscal AI is incredibly powerful and easy to use.
Get 15% off any premium plan with:
https://fiscal.ai/wildlife
**********
Monkey’s “Zen, Nietzsche, How to Live” Substack:
http://firephilosophy.substack.com
**********
To use the same portfolio tracking tool as Luke, check-out:
⁠https://www.portseido.com/?fpr=lukehallard
**********
Disclosure: Wall Street Wildlife hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation
**********
Fed up with the stock market giving you a hard time?
- Invest like seasoned pros with over 40 years in the game
- Discover the world's leading companies
- Sharpen your best investing practices and ditch the worst
- Learn how to start investing
- Essential investing principles to boost your returns

🎰 What happens when two investors hit Vegas with their Patreons? Craps strategies, poker tournaments, and a $50 bounty on Monkey's scalp
🧠 The one investing mistake almost everyone makes — and why borrowed conviction will cost you everything when the market turns
🃏 Why poker pros keep becoming legendary investors — the David Einhorn, Carl Icahn, and Annie Duke crossover you need to hear
⚡ NVIDIA just revealed Vera Rubin — 10x performance per watt and 1.3 million components. The AI infrastructure arms race just escalated
💀 We let AI score our stocks on a "Death by Claude" survival scan — $MNDY got 18 months to live, $PATH got a eulogy, and Greggs $GRG is immortal!
🔋 Luke decides to sell $BYDDY and buy $CWEN live on air — the "would you buy it today?" test that instantly clarifies every portfolio decision
🤖 Jensen Huang calls OpenClaw "the operating system for personal AI" — and Monkey's $INV cooling play just showed up at GTC

Sources:
https://deathbyclawd.com/

Timestamps:
00:00 Cold Open
01:00 Welcome & Subscribe CTA
03:09 Vegas Preview — Sphere, Zoox Robotaxis & Amazon Warehouses
06:43 Craps Strategy & Poker Stories
08:28 When Nothing Works — Poker Patience Meets Market Patience
10:21 Institutions Are Buying While Retail Panics
11:35 Luke Sells $BYDDY and Buys $CWEN
14:42 The "Would You Buy It Today?" Test
17:10 Do Not Invest on Borrowed Conviction
22:08 Why "Luke Was Wrong" Blocks Your Growth
24:48 Monkey's Investor Mirror App Preview
28:01 Vegas Presentations — Poker vs Investing
34:57 What Makes Investing So Hard?
38:09 $NVDA GTC 2026 — Vera Rubin Deep Dive $NVDA
42:24 $INV / Accelsius — The Cooling Bottleneck Play
44:06 NemoClaw & OpenClaw — The AI Operating System
49:53 💀 Death by Claude — SaaS Apocalypse Scanner
55:29 Fiscal AI
56:19 Close

**********
If you want to see our furry faces, this podcast is also available on YouTube at ⁠https://www.youtube.com/@WallStreetWildlife?sub_confirmation=1⁠
**********
SUPPORT THE SHOW AND BECOME A PATREON:
https://wallstreetwildlife.com
**********
Follow us at:
⁠⁠x.com/7LukeHallard
⁠x.com/7FlyingPlatypus
**********
Fiscal.AI is the Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, Fiscal AI is incredibly powerful and easy to use.
Get 15% off any premium plan with:
https://fiscal.ai/wildlife
**********
Monkey’s “Zen, Nietzsche, How to Live” Substack:
http://firephilosophy.substack.com
**********
To use the same portfolio tracking tool as Luke, check-out:
⁠https://www.portseido.com/?fpr=lukehallard
**********
Disclosure: Wall Street Wildlife hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation
**********
Fed up with the stock market giving you a hard time?
- Invest like seasoned pros with over 40 years in the game
- Discover the world's leading companies
- Sharpen your best investing practices and ditch the worst
- Learn how to start investing
- Essential investing principles to boost your returns

Keywords:
investing conviction, borrowed conviction, NVIDIA GTC 2026, Vera Rubin, poker investing, Las Vegas investing, growth investing, portfolio management, Death by Claude, SaaS disruption, OpenClaw, NemoClaw, Monday.com AI, clearway energy, CWEN stock, BYD stock, options university, Wall Street Wildlife, stock market podcast, investing psychology, what makes investing hard, poker skills investing, AI replacing SaaS, NVDA stock, INV stock, retail investors