๐๐๐ก๐ก๐ค ๐๐ซ๐๐ง๐ฎ๐ค๐ฃ๐, ๐๐ฃ๐ ๐ฌ๐๐ก๐๐ค๐ข๐ ๐ฉ๐ค ๐ฉ๐๐ ๐ฃ๐๐ฌ ๐๐ค๐ฅ๐๐๐ง๐จ.
Big news just keep on coming this month. In this post, we go over a few additional changes I made to the portfolio, recent market developments, and palantir earnings.
๐ผ๐ฟ๐ฟ๐๐๐๐๐๐ผ๐ ๐พ๐๐ผ๐๐๐๐ ๐๐ผ๐ฟ๐ ๐ผ๐๐๐๐ ๐ ๐๐ฝ๐ ๐ฟ๐ผ๐๐ผ
The additional changes were made due to weak jobs data and persistent inflation, as well as for further simplification of the portfolio and diversifying for safety.
๐พ๐๐๐๐ฝ๐ผ๐๐ ๐พ๐๐๐๐ & ๐ฝ๐๐พ ๐ฝ๐๐
I closed coinbase at $301 (around 2% gain on average) due to simplification of portfolio. Coinbase earnings seem very complicated and lumpsome, meaning it's not an easy company to follow. Furthermore they should be doing very well at high BTC prices which currently is the case, but the earnings were quite a dissapointment nonetheless. For that reason I moved what I had invested in Coinbase over to BTC and slightly increased the position size by just about 0.1% of portfolio weight to a total of 1.71% portfolio weight. Given the world tensions and fiat risks currently in the market any risk on holding crypto on the exchange is now also more tollerable in my opinion.
๐๐๐ฟ ๐ฝ๐๐
I started a position in gold with a 1.59% portfolio weight for additional safety over possible further fiat devaluation that could be on the way due to tariffs and possible rate cuts into already not cooled enough inflation. There is a very real risk of inflation de-anchoring as talked on more in the market conditions.
๐พ๐๐๐๐๐๐ ๐๐ผ๐๐๐๐ ๐พ๐๐๐ฟ๐๐๐๐๐๐
After a dissapointing jobs data and inflation not being under a strong control yet, I think the FED is stuck between a rock and a hard place. If they cut rates specially after we later learned that inflation is coming red hot again with the wholesale data showing 0.9% increase in prices in just 1 month (which would average to about 11% over the course of the year), the inflation could yet again be massive. In my country for example meat prices went up ~30% over the past 12 months, meaning big inflation waves are still trickeling through economy. On the other hand if they keep rates too high for too long, it might cause the laber force to collapse. It is very hard if even possible to stear this economy withouth big disruptions now, the mistakes were made during the covid, when inflation was red hot for more than a year before the FED did anything.
At the FED they are already calling the second wave of inflation as going to be ยปtransitoryยซ. While the first wave is not even over yet by any means, even after 4 years. They are also using a term ยปflexible average inflation rateยซ lately which is just a fancy word used to mask the fact that they abandoned the 2% goal in fear of slowing down the economy too much while in what seems to be a critical race to stay ahead of Chinese economy.
With all that considered FED seems to be keen on lowering rates in September, which will further spike inflation in my opinion as it is still very fresh in peoples minds. It all is very reminiscent of the ancient rome, runaway inflation and growing corruption at the highest levels, convicted heavy crime prisoners getting pardons and being able to buy freedom no matter the crime as long as you have leverage or $.
FED being as bad as it was during the covid, it is nothing compared to how bad it would be if it loses the independance, which is what seems to be happening this year at a very fast track. We do not want to see extreme left or right political nodheads and short mandates at the wheel of the FED. That would no longer be a democracy and prosperity would suffer greatly.
๐๐๐๐ ๐๐ผ๐๐๐๐๐๐
Palantir delivered a very strong earnings report. The first time they reach a billion dollars in revenue over a quarter and there seems to be no stopping them ($1bil vs $940 mil expected on revenue and 16cents vs 14cents expected). They also boosted the yearly revenue guidance by roughly 240mil. The only issue being valuation, which is expecting no issues whatsoever for the next 5-7 years of growth. I think PLTR can still 10x over the 10 years coming, that's why it will stay in portfolio as it is currently, no further cuts in the position anytime soon. For now the company struggeled to push higher due to its rich valuation. That could change with Nvidia earnings which could again push the whole AI sector higer.
๐๐๐๐๐๐ ๐พ๐๐ผ๐๐๐๐
I will look for more ways to protect fiat against a government and FED that are trying to play the music pretending everything is fine, while the ship is sinking. Do not get me wrong they might keep the music playing for quite some time, but what is going on underneath is that the average homebuyer age went from 33 to 41 in just 6 years, averaging a 1.33year increase per year, meaning the wealth gap is increasing rapidly.
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I see you haven't taken any profits yet. Is your strategy to buy only with dividends?... Show More
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Sun Dec 14 2025 05:20:57 GMT+0000 (Coordinated Universal Time)
