US is now 75% of MSCI World Index, a 55 Year High
Source: Datastream, Special Situations Research Newsletter on X
2025 is going to start and mutual funds and hedge funds managers cash levels are near record lows
Source: BofA
The Triangle of Faith
Source: Investment Books (Dhaval) @InvestmentBook1
🚨THIS IS A CONCERNING NEWS🚨The number of homeless people in the US jumped 18% from 2023 to a RECORD 771,480 in 2024.
Over the last 4 years, homelessness has rapidly accelerated. On the other hand, the top 10 billionaires gained $730 BILLION in wealth. This is sad. And this is NOT a US-only phenomena. Source: Global Markets Investor
This has never been seen before: The top 10 US stocks have accounted for 59% of the S&P 500’s gains since the October 2022 bottom.
By comparison, the next 10 stocks have contributed just 11% while the remaining 480 stocks have contributed 30%. Over this period, the top 10 stocks' share of the S&P 500’s is up 13 percentage points, now reflecting a record 40% of the index. The top 3 stocks alone reflect a record 21% of the index's market cap. A few stocks are driving the entire market. Source: Bloomberg
Great visualization of valuation methods:
Source: h/t EDUCBA, The Investing for Beginners Podcast @IFB_podcast
5 mental models from Munger to sharpen your thinking
Source: InvestmentBook1 (@Investment Books (Dhaval))
All eyes are on Tesla, $TSLA, this week: Tesla is expected to report Q4 2024 deliveries of 504,000 this week, according to Kalshi.
This would mark an ~8.9% increase from the 462,890 vehicles delivered in Q3 2024. If Tesla does in fact report over 500,000 deliveries, it would mark a new quarterly record for the company. Tesla is now the 8th largest company in the world by market cap and worth ~$1.4 trillion. Can Tesla extend its historic run this week? Source: The Kobeissi Letter
