𝗧𝗛𝗘 𝗖𝗢𝗡𝗦𝗨𝗠𝗘𝗥 𝗜𝗦 𝗦𝗟𝗢𝗪𝗜𝗡𝗚. 𝗦𝗣𝗘𝗖𝗨𝗟𝗔𝗧𝗜𝗢𝗡 𝗖𝗟𝗘𝗔𝗥𝗟𝗬 𝗜𝗦𝗡'𝗧..
Kroger cutting its same store sales outlook while keeping profit guidance intact is a fairly clean picture of the US consumer right now. People haven't stopped spending, but lower and middle income... عرض المزيد ترجم
𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗜𝗦 𝗙𝗜𝗡𝗔𝗟𝗟𝗬 𝗖𝗛𝗔𝗥𝗚𝗜𝗡𝗚 𝗥𝗘𝗡𝗧 𝗙𝗢𝗥 𝗙𝗔𝗡𝗧𝗔𝗦𝗬.
A warm welcome to all the new copiers on board.
Something has changed this week. $OIL is pushing toward 100 dollars, the US 10 year yield has climbed near 5%, and suddenly investors are remembering that money... عرض المزيد ترجم
𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗜𝗦 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗜𝗡𝗧𝗘𝗥𝗘𝗦𝗧𝗜𝗡𝗚 𝗔𝗚𝗔𝗜𝗡!
Welcome to all the new copiers joining recently. You are entering at a time when the market is doing what it does best. Testing conviction again before rewarding it.
AI is recovering, but I remain selective. The next phase will... عرض المزيد ترجم
𝗝𝗨𝗟𝗬 𝗪𝗔𝗦 𝗕𝗥𝗨𝗧𝗔𝗟. 𝗣𝗔𝗡𝗜𝗖 𝗠𝗔𝗗𝗘 𝗜𝗧 𝗪𝗢𝗥𝗦𝗘.
Warm welcome to new copiers!
July was not great for us. The portfolio went down, particularly around neoclouds and some of our higher volatility positions. The Korean market and leverage unwind added another layer of selling pressure... عرض المزيد ترجم
𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗗𝗜𝗗 𝗡𝗢𝗧 𝗕𝗥𝗘𝗔𝗞. 𝗜𝗧 𝗝𝗨𝗦𝗧 𝗔𝗦𝗞𝗘𝗗 𝗪𝗛𝗢 𝗪𝗔𝗦 𝗥𝗘𝗔𝗟𝗟𝗬 𝗜𝗡𝗩𝗘𝗦𝗧𝗘𝗗?
The last few weeks have been a good reminder that investing is not about predicting every headline. It is about managing your own behaviour.
That is exactly why I became a little quieter.
Sometimes... عرض المزيد ترجم
𝗧𝗛𝗘 𝗕𝗘𝗦𝗧 𝗡𝗘𝗪𝗦 𝗜𝗦 𝗢𝗙𝗧𝗘𝗡 𝗧𝗛𝗘 𝗡𝗘𝗪𝗦 𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗜𝗚𝗡𝗢𝗥𝗘𝗦!
One thing I have learned over the years is that investors love buying certainty.
A stock rallies 20%, everyone suddenly discovers why its a great business. Analysts raise targets, social media turns bullish,... عرض المزيد ترجم
𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗜𝗦 𝗣𝗔𝗡𝗜𝗖𝗞𝗜𝗡𝗚 𝗢𝗩𝗘𝗥 𝗡𝗘𝗪 𝗬𝗢𝗥𝗞. 𝗜 𝗧𝗛𝗜𝗡𝗞 𝗜𝗧 𝗜𝗦 𝗥𝗘𝗔𝗗𝗜𝗡𝗚 𝗧𝗛𝗘 𝗪𝗥𝗢𝗡𝗚 𝗦𝗜𝗚𝗡𝗔𝗟.
There is a strange pattern in markets. When prices are rising, every problem looks temporary. When prices are falling, every headline suddenly becomes the beginning... عرض المزيد ترجم
𝗪𝗛𝗘𝗡 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗦𝗧𝗢𝗣 𝗠𝗔𝗞𝗜𝗡𝗚 𝗦𝗘𝗡𝗦𝗘, 𝗬𝗢𝗨𝗥 𝗣𝗥𝗢𝗖𝗘𝗦𝗦 𝗦𝗧𝗔𝗥𝗧𝗦 𝗠𝗔𝗧𝗧𝗘𝗥𝗜𝗡𝗚!
The last few weeks have been a good reminder that markets rarely move in a straight line. Headlines change every hour, narratives reverse overnight, and prices often move far more than... عرض المزيد ترجم
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.