Investor Letters
Bristlemoon Capital
- Making sense of Sandisk’s long-term financial model Sandisk’s long-term model is challenged as its proposed margin and growth assumptions appear to require pricing near New Business Model floors. Bristlemoon argues that NAND supply discipline and incremental AI-storage demand may avert oversupply, but models severe downside if contracts fail or capacity expands aggressively. Q3 2026 SNDK $227B
- Bristlemoon Capital Q3 2026 Letter — Bristlemoon Global Fund Q3 2026 —
2 letters so far. We collect each new one as Bristlemoon Capital publishes it.
