I have found that once you meet people, it becomes much harder to write about them. My blog has probably gotten more diplomatic in the last ten years as a result of my having met pretty much everyone on Wall Street. I’m not saying that’s good or it’s bad, it’s just what it is. Professor […]
Lost in Yesterday
[embedded content] You gotta check out the new video from Tame Impala for ‘Lost in Yesterday’, off their new album which comes out this week. There’s a lot going on here. I think about it as a metaphor for how our memories of the past grow fonder as time goes on, and we start to […]
Billions Season 5 Trailer Hits!
[embedded content] It’s been an honor to serve as the show’s technical advisor for the second season. David, Brian and the whole writers room have cooked up some amazing plot lines and stories this time around. Sunday May 3rd can’t come soon enough!
Energy vs Tech could be the monster mean reversion of a lifetime
Check out my Chart o’ the Day from Jon Krinsky, I love this stuff. It gets right to heart of all the things we talk about here – cyclical vs secular, and how to tell which is which, value vs growth, innovation vs entrenchment, etc. Energy vs. Technology – the daily RSI hit 9 yesterday, the […]
You’d be amazed at how many investors start off without even a return goal in mind
CNBC in partnership with Acorns filmed this Invest In You video with me to discuss the three biggest mistakes most investors are making right now… Source: Here are the biggest mistakes the average investor makes (CNBC)
What Are Your Thoughts: YouTube revenues, Amazon Prime subs, etc
All new episode dropped today, hope you like it. Subscribe to the channel so you never miss it! [embedded content] In this edition of What Are Your Thoughts, Michael Batnick and Josh Brown discuss: * YouTube revenue growth is on fire, but who gets the money?* Netflix vs Cable Subs – crossover imminent!* The short […]
Greatest Short Squeeze of All Time?
Now this is just breathtaking – I have no skin in the game on this one but cannot stop watching it. I think what’s happened with Tesla recently represents the greatest short squeeze of all time. A rally since around October when they surprised to the upside in an earnings report has just culminated in […]
“25-year-olds should not pay a 31.3x Shiller PE to buy their grandparent’s equities.”
Brilliant anecdote / rant from Eric Peters over the weekend… *** “Let’s start with what I’d tell a 25-year-old to not do with investment capital,” answered the CIO. He’d been asked how our youth should invest for 10-15yrs. “I’d tell them to not blindly follow their parents and grandparents as they pay ever higher multiples […]
Don’t Fall For It!
[embedded content] My colleague Ben Carlson has a new book out about the history of financial fraud and what lessons investors can take away from that in modern times. It turns out that the new scams aren’t very different from the old scams, and that bull markets are fertile breeding grounds for credulous investors and […]
They’re going to invert the yield curve again.
They’re going to invert the yield curve again. But it’s mostly a function of Coronavirus fears and the Fed’s very widely telegraphed activities in the overnight repo market – flushing the system with cash to stabilize an otherwise mundane, routine process that can occasionally be overwhelmed by high demand for dollars, for a variety of […]