Out of $CNC, out of $UNH. Taking a big bath on the former after holding for 3 yrs Still up 9% for the year (was 12% yesterday) Lessons learned - don’t invest in sectors 1) you don’t fully understand 2) whose moat is dependent on regs when policymakers are hostile to those regs

“I just wish the grandkids lived closer” she thought as she hung up the phone with her daughter, before getting to work on mobilizing the neighborhood against yet another set of greedy developer-driven zoning changes for smaller lots, reduced setbacks & weird pocket neighborhoods

This is a far more nuanced conversation but I'm curious where people agree / disagree with the following: Advancements in AI will almost certainly lead to greater wealth inequality. While the pie will grow dramatically and everyone will benefit, those in the capital economy will

EB (Derogatory, Respectfully) REITs don’t have aura

I have a friend. 6’3, 260lbs. Very healthy. Billionaire. Stable genius. Leader of the free world. Legit hated by single women 18-35. Our dating system is broken.

everything is no longer computer guys

Good news for Monday, fellas

Feel like a genius today (down 1.2%)

This is less about the pull forward from COVID and more about declining margins with smaller companies inability to grow with higher interest rates, labor costs and other input prices. Nobody has been more consistent in underweighting/avoiding small caps for the past 3 years,

Just a Murderer’s Row of Trump economic victory headlines

Anna Wong Imagine. The times we are in. We need ai models to understand if a speech is hawkish or bullish 🤭

As if people needed another reason to be bearish on Austin

Update: The Lion has been subpoenaed and will appear before the Grand Jury next week

Awesome stuff, great work guys. The best part is, there's definitely no way that the excesses of a financialized economy bleed out into society in such a way that undermines the foundations on which it's built!

Gold is mentioned in the bible 400 times. Value stocks, not once.

Trades? No no no no. Why would you go after trades? If you show trades they ask how you performed. It’ll never be enough. But if you have no trades you’re not wrong. You’re macro. You’re ideas and themes. A pure s*bstack play. No risk. No drawdowns. Just monthly recurring takes.

the gap between implied vibes and realized vibes seems to be widening

Just hit a double on $CAT, where a non-zero part of the thesis was that my two year old likes construction equipment

Using my $2000 stimulus check for the down payment on a 50 year mortgage Stay mad, haters

Average value add retail deal